Baby boomers near 65 with retirements in jeopardy
Starting in January, more than 10,000 baby boomers a day will turn 65, but many are facing a personal finance disaster just as they’re hoping to retire.
Associated Press
Articles
Santa feeling stays with shoppers after Christmas
People hit the stores after Christmas to buy, indulging the rediscovered retail appetite that may have made 2010’s holiday shopping season the biggest ever.
Lawmakers seek to fix state’s unemployment fund
Indiana businesses and the unemployed are both worried about changes that legislators could make to the state's insolvent unemployment insurance program during the upcoming General Assembly.
Muncie locomotive plant looking for new hires
A division of Caterpillar that plans to employ 650 people at a diesel-electric railroad locomotive plant in Muncie is looking for workers.
Cheap concert seats due after cruel summer of 2010
This was a tough year for the concert business nationwide as high prices kept many fans at home. Promoters now say they plan to make shows more affordable in 2011. But they'll also try to sell more T-shirts and other merchandise to make up for lost revenue.
Southern Indiana ethanol plant starts after long halt on work
Aventine Renewable Energy is ramping up production at an ethanol plant in southwestern Indiana that is now operating after construction work was halted for more than a year.
Ivy Tech gaining closed Indiana State Police post
Ivy Tech officials say the state is in the final steps of transferring the Terre Haute property’s title to the statewide college system. The no-cost transaction is expected to be completed after Jan. 1.
ISU set to create new biz school in old federal building
Indiana State University’s Board of Trustees has voted to seek state approval for selling $9 million in bonds for the project in Terre Haute, with $10 million in private gifts expected to cover the rest of the cost.
New tax law packed with gifts for businesses
Millions of homeowners, however, might feel like they got a lump of coal. Homeowners who don’t itemize their deductions will lose a tax break for paying local property taxes.
New company taking over troubled Standard Life
State Insurance Commissioner Stephen Robertson said agreements have been reached for the $1.7 billion in policies and financial obligations of Carmel-based Standard Life Insurance Co. to be assumed by Guggenheim Life and Annuity Co.
Christmas Eve dash caps banner shopping season
A strong Christmas Eve would round out a surprisingly successful holiday season for retailers. The National Retail Federation predicts that holiday sales will reach $451.5 billion this year, up 3.3 percent over last year.
Toyota adding full-time jobs at Princeton plant
The 53 production positions will be filled by current temporary workers at the southern Indiana plant, as the carmaker anticipates continued strong sales.
Economy brightens as consumers spend, layoffs slow
The latest data confirm that the economy is improving, even though too few jobs are being created to lower the 9.8 percent unemployment rate.
Amylin and Lilly seek expanded Byetta approval
Eli Lilly and Co. and Amylin Pharmaceuticals Inc. said Wednesday they are asking the Food and Drug Administration to expand approval for their type 2 diabetes drug Byetta, which could bolster sales as the companies try to get approval for a new, longer-lasting version of the drug.
Ivy Tech poised to take over Kokomo event center
Ivy Tech Community College is planning to take over a Kokomo event center and possibly use the site for future expansion of its neighboring campus.
Feds: Economy grew modestly in third quarter
Many analysts think the economy is growing at a 3.5 percent pace or better mainly because consumers are spending more freely again.
Platinum Equity wraps American Commercial buyout
The sale of inland marine shipping company American Commercial Lines Inc. to an affiliate of Platinum Equity closed on Tuesday. Jeffersonville-based ACL was one of the state’s largest public companies.
Finish Line third-quarter profit down on lack of tax benefit
Athletic shoe store chain The Finish Line Inc. said Tuesday that its fiscal third-quarter profit skidded 37 percent as a one-time leg up from a tax windfall last year was not repeated. Revenue rose 9 percent.
Lilly Alzheimer’s imaging agent to get priority FDA review
Eli Lilly and Co. said the Food and Drug Administration will perform a faster review of florbetapir, an imaging agent that may help diagnose Alzheimer's disease.
Most state workers to see pay raise in 2011
Most Indiana state government employees will be receiving at least a $500 pay raise during 2011 after a two-year pay freeze.