Purdue: Indiana corn-crop yields take a hit
The nation's latest crop report predicts that Indiana's drought-stressed corn crop will see yields 20 bushels lower per acre than in a normal year.
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Health regulatory leaders ready to flock to city
The top event for regulatory professionals in the health care industry is headed to Indianapolis next month. The annual conference of the Regulatory Affairs Professionals Society, or RAPS, is expected to draw thousands of members representing 120 companies and organizations.
Big sales forecast by CEO boosts Cummins stock
Cummins Chairman and CEO Tim Solso said Tuesday that 2011 would be a record year for the Columbus manufacturer.
Kernan not looking to sell South Bend minor-league ball team
Former governor says he is undeterred by franchise-low attendance this year, expects stadium improvements to draw fans in 2012.
Census: Nearly 1 in 6 Hoosiers impoverished last year
The Census Bureau estimated that 16.3 percent of Indiana residents, or 1.35 million people, lived in households earning less than the poverty level, compared with 15.1 percent nationally.
Indiana schools chief lauds overhaul in annual speech
Indiana Schools Superintendent Tony Bennett used his second annual assessment of the state's education system to promote a sweeping overhaul approved this year.
Lilly invests $30M in chronic-disease partnerships
Drugmaker Eli Lilly and Co. said Tuesday it will spend $30 million over five years to fight chronic illnesses like heart disease, diabetes, cancer and respiratory disease in developing countries.
Judge approves legal fees in Fair Finance case
The amount paid to lawyers so far nearly accounts for the entire $1.8 million that a Fair Finance trustee has recovered so far for investors of the Akron, Ohio-based company led by indicted financier Tim Durham.
Sugarland named in notice of stage-collapse suit
The band that was preparing to perform at the Indiana State Fair before a fatal stage collapse has been named as a defendant in a potential lawsuit in a notice sent to the state attorney general.
Troopers made 363 DUI arrests over weekend
A drunken-driving crackdown over the weekend resulted in 363 arrests for driving while intoxicated. Indiana State Police say the enforcement blitz occurred between the hours of 7 p.m. and 6 a.m. on both Friday and Saturday. Troopers say they’ve made more than 5,300 such arrests through the first seven months of this year and more than 9,500 during all of 2010.
Two children struck, killed on local roads
Two children died in the Indianapolis area Monday night in separate incidents after they were struck by vehicles. A 2-year-old boy wandering in the road was killed when he was struck by a van at State Road 32 and Eagle Town Road in Hamilton County. Police were still determining why the boy was unsupervised. Meanwhile, 7-year-old Yair Agapito was attending a birthday party when he ran in front of a car about 6:45 p.m. in the 5500 block of Floating Leaf Drive on the southeast side of Indianapolis. The driver’s view of the boy might have been obstructed by parked cars, police said.
Tort claims over state fair stage collapse exceed 20
The state is facing more than 20 potential lawsuits one month after the deadly outdoor stage collapse during the Indiana State Fair.
Fatal accident ties up Binford
Binford Boulevard was closed more than two hours Tuesday morning after a fatal car crash. Chong I. Chong, a 75-year-old woman, died in the two-vehicle collision just north of East 52nd Street. According to police, a driver of a van crashed into the side of Chong’s car about 5 a.m. after she pulled in front of him as he traveled on Binford. The van’s driver was uninjured. Police say speed and alcohol don’t appear to be factors in the crash.
USA Football, Rawlings sign two-year deal
St. Louis-based sporting goods manufacturer agrees to supply footballs and uniforms for youth football initiatives.
Wind-turbine company moving into Evansville plant
A company that makes wind-turbine blades says it will start its first U.S. facility at a former refrigerator plant in Evansville that Whirlpool Corp. closed last year. The business said it could employ up to 400 workers in the area by 2014.
Republic Airways’ stock price continues to sag
Returning its Frontier unit to profitability is seen as a daunting task, and some industry analysts have wondered aloud if the Denver subsidiary will end up in bankruptcy again or Republic will become an acquisition target.
Fair trustee settles with local political groups
The settlements involve donations made by Tim Durham totaling $60,000 to the Marion County Republican Central Committee, Greater Indianapolis Republican Finance Committee and the Committee to Elect Lawrence Mayor Paul Ricketts.
U.S. student-loan default rates jump sharply
The national two-year default rate rose to 8.8 percent last year, from 7 percent in fiscal 2008, according to the Department of Education. Driving the increase was an especially sharp increase among students who borrow from the government to attend for-profit colleges.
Local distributor HP Products acquires St. Louis company
Indianapolis-based HP Products Corp. has acquired Renard Paper Co., a 58-year-old distributor of commercial-cleaning, paper and food-service products, based in the St. Louis area.
ExactTarget preparing for another IPO attempt
ExactTarget Inc., which canceled plans for an initial public offering during the 2009 financial crisis, has hired JPMorgan Chase & Co. and Deutsche Bank AG to handle a new attempt, said sources familiar with the matter.