AP News

RV company planning Indiana factory expansions

July 16, 2012
Associated Press
A recreational vehicle maker is planning factory expansions in northern Indiana that could add more than 400 jobs in a county that was badly battered by that industry's collapse during the recession.
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Gregg, Pence ratchet up fundraising in race

July 16, 2012
 IBJ Staff and Associated Press
Republican Mike Pence and Democrat John Gregg are heading into the key stretch of the Indiana governor's race with strong bankrolls.
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U.S. retail sales sink for third straight month

July 16, 2012
Associated Press
Retail sales fell 0.5 percent in June from May, the Commerce Department said Monday. Consumers spent less on autos, furniture, appliances, on building and garden supplies, and at department stores.
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Indianapolis nears record for driest 45-day period

July 16, 2012
Associated Press
If the forecast for no rain on Monday holds up, the 45-day rainfall total would match a stretch in August and September 1908 that's the city's driest since the weather service started keeping records in the 1870s.
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Some Indianapolis fountains shut off amid drought

July 13, 2012
Associated Press
A watering ban sparked by Indiana's prolonged drought has prompted operators of several fountains in downtown Indianapolis to take steps to conserve water.
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Firm pitching Super Bowl rentals in Indy ordered to pay up

July 12, 2012
Associated Press
An Indianapolis judge has ordered a Phoenix-based home rental company to pay nearly $218,000 for not providing promised services before the Super Bowl last February.
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Indiana closes year with $2.1B in cash reserves

July 12, 2012
Associated Press
Indiana's state government is sitting on cash reserves of $2.15 billion following a year of continued budget cuts and improved tax collections.
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More oil exploration planned in western Indiana

July 12, 2012
Associated Press
An oil company is planning more drilling in western Indiana near where it made a large oil discovery last year on land owned by the Hulman family.
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Fewer auto closings reduce U.S. unemployment claims

July 12, 2012
Associated Press
The number of people seeking U.S. unemployment benefits plunged last week. But a big reason was that some automakers skipped their traditional summer shutdowns to keep up with demand, leading to fewer temporary layoffs of autoworkers.
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More U.S., Indiana homes facing foreclosure risk

July 12, 2012
Associated Press
More than 1 million properties experienced foreclosure filings in the first half of 2012. Twenty states saw a first-half rise in foreclosure activity from the same time a year ago. Indiana had the biggest rise on a percentage basis, with a 32-percent increase in foreclosure activity.
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AG pushes back state fair settlement deadline

July 11, 2012
Associated Press
Attorney General Greg Zoeller is giving victims of the Indiana State Fair stage collapse more time to decide whether to accept a portion of $6 million in state money that's linked to a settlement with the owner and manufacturer of the stage.
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Fire, water worries grow worse amid Indiana drought

July 11, 2012
Associated Press
Indianapolis Mayor Greg Ballard is banning lawn watering in the city beginning Friday, and all smoking has been banned during a county fair in central Indiana because of the conditions caused by this summer's drought.
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HHGregg shares plummet on new earnings forecast

July 11, 2012
 IBJ Staff and Associated Press
HHGregg Inc. shares plunged Wednesday after the Indianapolis-based appliance and electronics retailer said it expects to report a wider first-quarter loss because of weak sales in its video business. It also cut its full-year outlook.
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Potential Lilly antipsychotic falls short in study

July 11, 2012
Associated Press
Eli Lilly and Co. said a potential treatment for acute schizophrenia failed in a late-stage study that compared patients taking the drug to those taking a placebo.
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Purdue sees 2nd-best year for donations

July 11, 2012
Associated Press
Purdue University says donations to the school rose by 32 percent during the past year for its second-best fundraising year on record.
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Hoosier Lottery asks vendors to bid on work

July 11, 2012
Associated Press
The primary goal of the contract is to boost the lottery's net income, which dropped from $218 million in fiscal year 2006 to $188 million during fiscal year 2011 — a 14 percent decline.
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Duke to NC regulators: CEO's term not guaranteed

July 11, 2012
Associated Press
Jim Rogers, Duke Energy Corp.'s surprise CEO, said America's largest electric company dumped Progress Energy Inc. CEO Bill Johnson because directors of the two merging corporations worried about Johnson's authoritarian style and being forced to pump billions into a troubled Florida nuclear plant.
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ISTEP+ gains come amid increasing accountability

July 10, 2012
Associated Press
Indiana students made improvements across the board on the state's standardized test this year amid a push for more school accountability and the first state takeovers of failing schools.
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Indiana students do slightly better on ISTEP tests

July 10, 2012
Associated Press
Scores released Tuesday by the state education department show that of the 500,000 students taking the standardized tests, 71 percent passed both the language arts and math sections. That's up one percentage point from last year.
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USDA reports corn in 18 states hurt by drought

July 10, 2012
Associated Press
Corn and soybean prices surged Monday after the latest government report showed a widespread drought in the middle of the country is hurting this year's crop. Indiana and Illinois have been particularly hard hit.
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Old National names ex-Indiana chief justice as director

July 9, 2012
Associated Press
Old National Bancorp has appointed former Indiana Chief Justice Randall Shepard to its board of directors.
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Dems attack Mourdock on Chrysler bankruptcy fight

July 9, 2012
Associated Press
Indiana Democrats attacked Republican Senate candidate Richard Mourdock on Monday for opposing the 2009 Chrysler bankruptcy, a position they see as his biggest weakness.
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WellPoint buying managed care firm for $4.9B

July 9, 2012
 IBJ Staff and Bloomberg News
The Indianapolis health insurer is buying Virginia-based Amerigroup Corp. to expand in managed care for poor and elderly patients in the Medicare and Medicaid programs.
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Sudden Duke Energy CEO shift puts Rogers in spotlight

July 9, 2012
 IBJ Staff and Bloomberg News
Three former board members of Progress Energy Inc. said they would have voted against Duke's $17.8 billion takeover offer had they known Rogers would remain in charge of the combined companies.
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Lilly gets 6-month Cymbalta marketing extension

July 6, 2012
Associated Press
Eli Lilly and Co. said Friday that it has received an extra six months of marketing exclusivity on the antidepressant Cymbalta, its biggest selling drug. The extension could mean more than a billion dollars in sales for the Indianapolis drug maker.
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  1. why oh why does this state continue to elect these people....do you wonder how much was graft out of the 3.8 billion?

  2. i too think this is a great idea. I think the vision and need is there as well. But also agree with Wendy that there may be better location in our city to fulfill this vision and help grow the sports of hockey and figure skating in Indy. Also to help further develop other parts of the city that seem often forgotten. Any of the other 6 townships out side of the three northernmost could benefit greatly from a facility and a vision like this. For a vision that sounds philanthropic, the location is appears more about the money. Would really like to see it elsewhere, but still wish the development the best of luck, as we can always use more ice in the city. As for the Ice growth when they return, if schedules can be coordinated with the Fuel, what could be better than to have high level hockey available to go see every weekend of the season? Good luck with the development and the return of the Ice.

  3. How many parking spaces do they have at Ironworks? Will residents have reserved spaces or will they have to troll for a space among the people that are there at Ruth Chris & Sangiovese?

  4. You do not get speeding ticket first time you speed and this is not first time Mr.Page has speed. One act should not define a man and this one act won't. He got off with a slap on the wrist. I agree with judge no person was injured by his actions. The state was robbed of money by paying too much rent for a building and that money could have been used for social services. The Page family maybe "generous" with their money but for most part all of it is dirty money that he obtained for sources that are not on the upright. Page is the kind of lawyer that gives lawyers a bad name. He paid off this judge like he has many other tine and walked away. Does he still have his license. I believe so. Hire him to get you confiscated drug money back. He will. It will cost you.

  5. I remain amazed at the level of expertise of the average Internet Television Executive. Obviously they have all the answers and know the business inside and out.

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