Jeffersonville shipyard part of proposed $777M deal
American Commercial Lines Inc. announced Monday that Los Angeles-based Platinum Equity has offered a $777 million for the company, which includes the Jeffboat shipyard in Jeffersonville.
American Commercial Lines Inc. announced Monday that Los Angeles-based Platinum Equity has offered a $777 million for the company, which includes the Jeffboat shipyard in Jeffersonville.
Officials say the Silicon Valley office will focus on attracting California companies to move to Indiana and to sell venture capitalists on ideas and research generated by Purdue faculty and entrepreneurs.
The new rule prevents attorneys from soliciting clients in personal injury or wrongful death cases within 30 days of an accident or disaster.
Columbus Regional Hospital officials say a decline in its number of inpatients and an increase in outpatients have them considering whether to proceed with a planned $108 million expansion project.
The university's new branding campaign is built around the words "We are Purdue. Makers, all." Officials say the slogan aims to capture Purdue's land-grant mission as well as its athletic and academic achievements.
A recycling company is asking a Marion County judge to force Prosecutor Carl Brizzi to return more than $277,000 it says was seized as part of a trumped-up investigation.
The Indiana Department of Natural Resources said in a release Friday that 1,250 acres of the Atterbury Fish and Wildlife Area will be used by the Indiana National Guard. The guard plans a $105 million expansion of Camp Atterbury in Johnson County.
Some Purdue University employees will get pay raises and bonuses, but all of them will pay higher health insurance premiums.
The state will begin paying millions of dollars in penalties and interest to the federal government next year because it has borrowed nearly $2 billion to pay for jobless benefits.
Investors fled for-profit college stocks Thursday after sector bellwether Apollo Group Inc. predicted a 40-percent drop in student enrollment next quarter and withdrew its forecast for next year. Carmel-based ITT Educational Services shares closed at $56.44 each, down almost 15 percent for the day.
Family and Social Services Administration Secretary Anne Murphy can take a private-sector job helping a hospital network cope with the federal health care overhaul she opposed as a public official, the state ethics commission said Thursday.
Applications for jobless benefits rose last week for the first time in three weeks, evidence that companies are still reluctant to hire in a slow economy.
Indiana Gov. Mitch Daniels will lead about 40 business leaders and elected officials on an economic development trip to China and Japan next month.
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming the school funding formula unfairly penalizes growing districts.
Hamilton Southeastern Schools, Franklin Township Schools and Middlebury Community Schools sued the state in February, claiming its school funding formula unfairly penalizes growing districts.
Purdue President France Cordova will ask university trustees to approve 1.5-percent merit raises for some employees, providing them with their first pay increase in more than two years.
Biomet’s quarterly results are considered an indicator on the state of the orthopedic device industry because it reports results before most of its competitors.
A unit of the German steelmaker ThyssenKrupp AG said Tuesday it will invest $36.5 million in equipment to expand capacity at the 480,000-square-foot plant, creating up to 160 jobs.
Schrenker, 39, testified Tuesday that his assets had been seized and he had no source of income since going to jail. He also faces millions of dollars in court-ordered judgments upon his release.
Shares of Interactive Intelligence Inc. surged Tuesday after the communications software maker reported preliminary third-quarter results and projected that revenue will grow 20 percent this year.