AP News

Refinery problems, spill drive up Great Lakes gas

August 3, 2012
Associated Press
Several Great Lakes states have seen prices surge about 40 cents per gallon in the last week. That follows a pipeline rupture and shutdown in Wisconsin and equipment problems at refineries in Indiana and Illinois.
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IU's CFO poised to take top job at Temple University

August 3, 2012
Associated Press
Indiana University senior vice president Neil Theobald is the sole finalist to be the next president of Temple University in Philadelphia. Theobald is chief financial officer at IU, overseeing a budget of about $3.1 billion.
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Caterpillar laying off 167 workers in Lafayette

August 3, 2012
Associated Press
Caterpillar Inc. says it's laying off nearly 170 workers at its Lafayette Large Engine Center in response to a drop in demand.
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U.S. unemployment rate ticks up despite rise in hiring

August 3, 2012
Associated Press
U.S. employers added 163,000 jobs in July, the Labor Department said Friday, a somewhat hopeful sign after three months of sluggish hiring. However, the unemployment rate rose to 8.3 percent, up from 8.2 percent in June.
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Daniels seeks candidate input on health exchange

August 2, 2012
Associated Press
Indiana Gov. Mitch Daniels asked the three gubernatorial candidates this week for their input as he decides whether to establish a state health insurance exchange.
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Most Indiana fair stage-collapse victims accept settlement

August 2, 2012
Associated Press
Most victims of a deadly stage collapse at the Indiana State Fair have agreed to accept shares of a $13.2 million settlement offer from the state and two private companies, the state attorney general's office said Thursday.
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NCAA committee endorses new penalty structure

August 2, 2012
Associated Press
Nearly a year after promising to impose harsher sanctions on the most egregious rule-breakers, NCAA leaders endorsed a proposal Thursday that would make schools subject to the same crippling penalties just handed to Penn State.
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Duke Energy earnings creep up on higher rates

August 2, 2012
Associated Press
Duke Energy Corp.’s earnings rose 2 percent in the second quarter on higher electric rates, but newly acquired subsidiary Progress Energy saw earnings plummet as a result of planned nuclear plant outages.
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Deadline arrives for Indiana fair disaster claims

August 1, 2012
Associated Press
Victims of the deadly stage collapse at the Indiana State Fair faced a Wednesday deadline to make claims against a $13.2 million settlement offer from the state and two private companies, but it could be weeks before they learn their share of the money and even whether the deal will go forward.
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N.C. regulators hire law firm to probe Duke Energy

August 1, 2012
Associated Press
North Carolina utilities regulators said Wednesday they have hired a former federal prosecutor with experience digging into corporate affairs to reveal whether regulators were misled ahead of a takeover that created America's largest electric company.
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Former city official takes top job at Indiana ACLU

August 1, 2012
Associated Press
Jane Henegar, who was Indianapolis' deputy mayor from 2000 to 2006 under then-Mayor Bart Peterson, is the new executive director of the American Civil Liberties Union of Indiana.
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Indiana backs off defense of new immigration law

July 31, 2012
Associated Press
The state attorney general's office said Tuesday that it no longer will defend most of the disputed portions of Indiana's new immigration law, as they were rendered invalid when the U.S. Supreme Court struck down similar parts of an Arizona law in June.
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Pence seeks tax cut; Gregg equal pay for women

July 31, 2012
Associated Press
Indiana gubernatorial candidates John Gregg and Mike Pence both want to help working Hoosiers, but on Tuesday proposed different ways to do it.
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Judge won't dismiss charge against ex-utility boss

July 31, 2012
Associated Press
A judge has refused to dismiss an official misconduct charge against Indiana's former top utility regulator, David Lott Hardy.
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Small farmers struggle as drought kills vegetables

July 31, 2012
Associated Press
Small fruit and vegetable farmers throughout the Midwest are struggling with unusual heat and a once-in-decades drought. Some have lost crops, and sales at farmers markets are down.
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Democratic report blasts for-profit colleges; ITT stock sinks

July 30, 2012
Bloomberg News, Associated Press
For-profit colleges put revenues above education, and charge students high tuition and loan rates that could leave them in debt for years, a Senate Democratic report said Monday. Stock in for-profit colleges tumbled after the report.
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Legal drama over Duke Energy merger lingers

July 30, 2012
Associated Press
The investigations into whether regulators and consumers were misled in the run-up to the merger of North Carolina's two Fortune 500 energy companies could continue quietly for months after a deadline arrives next week.
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Ivy Tech revs up for new automotive program

July 29, 2012
Associated Press
An Indiana college is revving up an intense new automotive program designed to increase graduation rates and help students earn technical certificates in less time.
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McKesson to pay $151M to settle drug-pricing suit

July 27, 2012
Associated Press
Twenty-nine states, including Indiana, have reached a $151 million settlement in a lawsuit alleging one of the country's largest drug wholesalers inflated prices for hundreds of prescription drugs, officials said Friday.
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U.S. economic growth slowed to 1.5 percent in 2nd quarter

July 27, 2012
Associated Press
The 1.5-percent growth rate in the second quarter was the weakest since the economy expanded at a 1.3-percent rate in the July-September quarter last year. The U.S. economy has never been so sluggish this long into a recovery.
More

Turf painting spreads as drought ravages lawns

July 27, 2012
Associated Press
With two-thirds of the nation covered by a drought that stretches from coast to coast, residents and businesses in normally well-watered areas are catching on to the lawn-painting practice employed for years in the West and Southwest to give luster to faded turf.
More

State fair exec shadowed by tragedy

July 27, 2012
Associated Press
Cindy Hoye's life has revolved around fairs since she was a child growing up just 10 minutes from the Indiana State Fairgrounds, but for the past year, that lifelong love has been tainted by tragedy.
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Indiana House Dems boot Bauer, install Lawson as leader

July 26, 2012
Associated Press
Members of the state's Democratic caucus voted to replace longtime leader Rep. Patrick Bauer on Thursday amid criticism over how he's handled campaign fundraising and spending heading into the November elections. Rep. Linda Lawson of Hammond was chosen as his replacement.
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Elkhart factory to close by 2013, costing 210 jobs

July 26, 2012
Associated Press
Auto-parts maker Gunite Corp. plans to move its manufacturing operations to Rockford, Ill., phasing out Elkhart workers beginning in late September.
More

Hill-Rom stock swoons after $400M acquisition

July 26, 2012
Associated Press
Investors reacted negatively Thursday after medical equipment and hospital bed maker Hill-Rom Holdings Inc. on Wednesday said it was acquiring Aspen Surgical Products for $400 million.
More
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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