Endocyte plans to raise about $78 million in IPO
The West Lafayette company does not yet market a product and has not yet reported a profit.
Associated Press
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Utility lawyers question coal-gas plant timetable
Several attorneys have questioned a timetable for the approval of a coal-gasification plant in southwestern Indiana, saying it leaves too little time for public input.
West Virginia AG sues DirectBuy, franchise
The West Virginia Attorney General's Office has accused DirectBuy and a Charleston franchise of tricking consumers into joining the buying club, which is based in Indiana.
Hartford City parts plant closing, idling 200-plus
Northville, Mich.-based Key Plastics LLC said Thursday it will move work from its Hartford City plant 15 miles north of Muncie to other North American factories.
Pence won’t run for president; no word on governor’s race
U.S. Rep. Mike Pence said Thursday he won't seek the Republican nomination for president in 2012 because he wants to focus on issues "closer to home" — a message some supporters are interpreting as his clearest sign yet that he'll run for Indiana governor.
Measure would let utilities use formula to set rates
Some utility consumer groups and large customers are fighting a proposed Indiana law that would allow power, gas and water companies to have their rates set annually by a formula rather than by state regulators.
Senate to consider ban of texting while driving
Previous attempts to ban texting while driving have cleared the House but met resistance from conservative leaders in the Senate. It will get a hearing this year, Sen. David Long said.
New Fort Wayne-Lafayette highway could be done early
Indiana highway officials say construction of the $500 million Hoosier-Heartland Corridor connecting Fort Wayne and Lafayette is ahead of schedule and under budget.
Bill would allow state takeover of troubled cities
Local governments in Indiana could ask for a state takeover to fix financial troubles instead of declaring bankruptcy under a bill advancing in the Legislature.
U.S. says new rules would cut thousands of coal jobs
The Obama administration's own experts estimate their proposal for protecting streams from coal mining would eliminate thousands of jobs and slash production across much of the country
Senate panel OKs bill limiting teacher bargaining
A Republican-controlled Senate committee has advanced a bill that critics contend would strip Indiana teachers of their collective bargaining rights.
Sony moving 150 jobs to Terre Haute plant
A plant closing in New Jersey will result in 150 jobs moving to Sony DADC's factory in Terre Haute.
Bill advances to set 40 as Indiana’s alcohol ID age
The bill would change a much-ridiculed law that took effect last summer requiring everyone — regardless of age — to be carded for carryout alcohol.
Cummins sells exhaust business to Global Tube
Cummins Inc. will sell its exhaust business, which includes several plants in Wisconsin, to Global Tube, a portfolio company of the Chicago-based private equity firm Wind Point Partners.
State senator: Should Indiana legalize marijuana?
Sen. Karen Tallian, D- Portage, is sponsoring a bill that would direct the criminal law and sentencing study committee to examine Indiana's marijuana laws next summer and come up with recommendations.
Illinois governor responds as states try to poach jobs
Gov. Pat Quinn has a message for New Jersey Gov. Chris Christie and officials from other states trying to lure jobs from Illinois: Back off.
Indiana House OKs bill to ban texting while driving
Indiana drivers would not be allowed to send or read text messages on mobile phones under legislation that cleared the Indiana House on Tuesday.
House panel backs cuts to jobless benefits
An Indiana House committee split along party lines to approve a bill that would cut jobless benefits for some people starting next year as the state tries to fix its insolvent unemployment insurance system.
Steel Dynamics profit drops, but outlook brightens
Fort Wayne-based Steel Dynamics' fourth-quarter profit tumbled 71 percent, but shares rose Monday after the company predicted that the economic recovery would fuel greater industrial demand.
Arizona-style immigration bill slated for hearing
The proposal from Sen. Mike Delph of Carmel would require police to ask for proof of citizenship or immigration status if they had a reasonable suspicion that a person is illegally in the country.