Articles

Indiana House Dems boot Bauer, install Lawson as leader

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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NCAA hammers Penn State with major sanctions

The NCAA on Monday morning slammed Penn State with an unprecedented series of penalties, including a $60 million fine and the loss of all coach Joe Paterno's victories from 1998-2011, in the wake of the Jerry Sandusky child sex abuse scandal.

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Duke Energy director answers questions in merger probe

A long-time Duke Energy Corp. director who led the surprise CEO ouster at the country's largest electric company said Friday that reasons for the move included a long-delayed update on insurance payments for a troubled Florida nuclear power plant and personal meetings that went poorly.

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Venture funding falls 12 percent in second quarter

Funding for U.S. startups fell 12 percent in the second quarter as venture capitalists poured less money into fewer deals than a year earlier. But the number of companies getting funded in the earliest stages of development reached the highest level in more than a decade.

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