Articles

Fewer people apply for unemployment benefits

Weekly unemployment applications dropped 37,000, to a seasonally adjusted 391,000, the Labor Department said Thursday. That's the lowest level since April 2 and the first time applications have fallen below 400,000 since Aug. 6.

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IU, Crane form education partnership

Indiana University and the Crane Naval Surface Warfare Center signed an agreement to collaborate in areas including cybersecurity, computing and economic development.

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Federal judge nixes firm’s Bio Cremation lawsuit

A federal judge in Pittsburgh has thrown out a lawsuit filed by a Pittsburgh company that claimed its so-called "Bio Cremation" service — a flameless process to cremate remains — was being unfairly targeted by two Indiana competitors.

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Medical supplier Hill-Rom makes $42M fraud settlement

Hill-Rom Holdings Inc., a medical-equipment company based in Indiana, agreed Tuesday to pay nearly $42 million to settle a government lawsuit. The government had accused the company of knowingly submitting false claims to Medicare from 1999 to 2007.

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Lawsuit by fair victims challenges Indiana’s $5M tort cap

An Indiana law that caps the state's liability for damages at $5 million for a single event violates the U.S. and state constitutions and should be thrown out, six plaintiffs suing over the deadly collapse of an Indiana State Fair stage argue in a lawsuit filed Monday.

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Fear about world economy sends markets lower

Stocks opened sharply lower Thursday, extending a rout around the world. Indicators across the financial markets suggested investors were frightened that the global economy is in for a long slump.

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