Indiana plant a drag on Duke Energy earnings
Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.
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Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.
Marsh Supermarkets Inc. announced Thursday a diabetes care program that will offer customers more than a half-dozen prescription medicines for free. The program, which began Nov. 1, provides seven oral diabetes medicines and lancets for testing blood sugar at no cost. The Indianapolis-based chain said it will also provide patients with a diabetes-monitoring kit, training on how to use a diabetes meter and a quarterly newsletter that includes recipes and tips for managing diabetes.
It may cost a little more to stay warm this winter. Citizens Energy Group announced Wednesday that the average natural gas bill for residential customers in Marion County will tick up slightly from last year. The utility predicts the average bill will rise to $88, compared to $84 last year.
The Indiana Bureau of Motor Vehicles will extend hours at license branches next Monday and Tuesday so residents can get driver's licenses and state identification cards ahead of the Nov. 8 election. Identification is required by state law to vote in Indiana elections. Normally closed on Mondays, full-service branches will be open from 8:30 a.m. to 8 p.m. on Nov. 7, and from 6 a.m. to 6 p.m. on Nov. 8.
Mike Greenberg, who apparently is quite the Indianapolis historian, insists that without No. 18, there would be no Indianapolis Colts, no Lucas Oil Stadium and no Super Bowl here.
Patachou is getting some new competition. A breakfast-and-lunch chain called First Watch plans to open at least five new locations in the Indianapolis area.
Employment services in the Indianapolis area say hiring is rising again, but the pace of activity has yet to return even to 2008 levels, and staffing executives don’t expect it to for some time.
IBJ’s Women of Influence program recognizes central Indiana women who exemplify the traits required to be outstanding leaders in their chosen fields.
Carmel-based KAR Auction Services suffered a 16-percent decline in its adjusted profit, missing analyst expectations.
Republic Airways pilots who fly regional jets for several airlines are voting on whether to authorize a strike if negotiators can't agree on a new contract.
The auto and trucking fleet insurer lost $13 million, or 87 cents per share in the three months ended Sept. 30, compared with profit of $9.2 million, or 62 cents per share, in the same period a year earlier.
The WISH-TV/Franklin College poll shows Ballard favored by 44 percent of voters, while 33 percent favored Kennedy.
Eli Lilly and Co. hid the diabetes risks of Zyprexa to protect sales, a lawyer for the family of a 20-year-old patient who died while taking the medicine told a jury in the first case to go to trial over the drug. The attorney asked jurors to award the family $40 million in compensatory damages.
The deadline for victims of the deadly Indiana State Fair stage collapse to file legal claims with the state has passed, and officials say they're close to figuring out how much to pay each victim out of the allotted $5 million.
The bill being considered in the U.S. House would allow telemarketers and debt collectors to start dialing residents' cell phones and, if approved, would override Indiana's "Do Not Call" law and lead to a flood of robocalls, Greg Zoeller said.
Consumer review website Angie's List Inc. said Wednesday that it expects to raise roughly $66.4 million with its initial public offering and price its shares between $11 and $13.
Kite Realty Group Trust Inc. saw a smaller loss in its third quarter compared to a year ago, along with higher revenue and occupancy rates at its retail properties, the Indianapolis-based real estate investment trust announced Wednesday afternoon.
Economists from the Kelley School of Business predict the national economy will grow a modest 2.5 percent to 3 percent next year, while unemployment will remain high.
Commercial Real Estate Focus sections include statistical snapshots of Indianapolis’ multi-tenant office vacancy rates and the local industrial market.