Oil price extends drop to 7 month lows, despite OPEC cuts
The price is just below the price seen in November, when OPEC and 10 other oil-producing countries agreed to cut their production to combat a growing supply glut and push the market up.
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Records show Messer works part time in $240K job for Fishers
The wife of Congressman Luke Messer, a likely Senate candidate, averages a 26.5-hour work week in her $240,000-a-year job doing legal consulting for Fishers, according to timesheets reviewed by The Associated Press.
Budget mess grows deeper and deeper for Indiana’s neighbor
Already holding the title for longest state budget stalemate, Illinois is poised to enter a third year without a spending plan. Unpaid bills are piling up, and rating agencies are threatening to downgrade the state’s credit to “junk.”
Indy among 12 cities chosen to receive Justice Department crime help
The U.S. Justice Department said it chose cities that have higher-than-average rates of violence and showed receptiveness to receiving assistance.
Ford shifting Focus production to China, spending $900M on Louisville plant
Ford Motor Co. will export vehicles from China to the U.S. for the first time starting in 2019. It also plans to make new aluminum-sided Ford Expedition and Lincoln Navigator SUVs in Louisville, securing 1,000 jobs at the plant.
Paul George informs Pacers he will leave in 2018, sources say
Two people with knowledge of the situation told The Associated Press that star forward Paul George has informed the Indiana Pacers that he plans to leave the franchise when he becomes a free agent in 2018.
Indiana to pay law firm $100K to handle Pence email requests
Indiana Gov. Eric Holcomb's administration entered a one-year contract last month with Shelbyville firm McNeely Stephenson to handle the "unusually high" number of requests.
Deal gives INDOT direct control of delayed I-69 section
Work to improve State Road 37 between Bloomington and Martinsville to interstate standards began in 2014 and was originally slated for completion by the end of 2016. But multiple delays and financing problems have raised concerns about the private developer.
Grocery, retail stocks plunge on Amazon-Whole Foods deal
Investors worry that Amazon, which has wreaked havoc on department stores and other brick-and-mortar retailers, will do the same thing with groceries.
WISH-TV adding more local programming to morning schedule
Starting Sept. 11, WISH-TV Channel 8 plans to air nothing but local programming from 4 a.m. to noon. But the “Rachael Ray Show” will replace its noon newscast.
UPDATE: Amazon to acquire Whole Foods in $13.7B deal
Amazon.com Inc. plans to buy Whole Foods Market Inc. in the biggest transaction ever for the e-commerce giant as it pushes deeper into groceries.
U.S. regulators approve $62M merger of Dow Chemical, DuPont
The mega-merger is set to create a huge publicly traded agricultural company that would be based in Delaware but have major operations in Indianapolis.
Nevada forces drugmakers to reveal insulin pricing, profits
America's three insulin manufacturers—Indianapolis-based Eli Lilly and Co., Sanofi and Novo Nordisk—would face fines of $5,000 daily if they fail to provide the data.
Indiana AG joins national investigation of opioid makers
Indiana Attorney General Curtis Hill is working with a coalition of his counterparts across the U.S. to investigate whether opioid manufacturers have broken any laws.
Paul George committed to playing for Pacers in 2017-18
The four-time All-Star forward provided clarity on his short-term plan Thursday before playing in a charity softball game.
UPDATE: Ivy Tech Community College to undergo organizational changes
Ivy Tech plans to use chancellors to operate each campus instead of having regional chancellors overseeing multiple campuses.
NCAA suspends Louisville’s Pitino after escort investigation
The governing body for college sports also on Thursday placed the basketball program on four years’ probation and vacated wins in which ineligible players participated.
Butler’s new coach plans to stick to old-school philosophy
LaVall Jordan made one promise to players and fans Wednesday: The old-school philosophy that turned the Bulldogs from also-rans into consistent winners will remain intact during his tenure.
Fed raises key rate, unveils plan to reduce bond holdings
The Federal Reserve has raised its key interest rate for the third time in six months, providing its latest vote of confidence in a slow-growing but durable economy.
Insurers: We’re off the hook, Duke Energy knew coal ash risk
Dozens of insurance companies say they're not obligated to help pay for Duke Energy Corp.'s multi-billion-dollar coal ash cleanup because the nation's largest electric company new the threat of potentially toxic pollutants.