UPDATE: Stocks plunge again on more economic fears
The U.S. and European economies are "dangerously close to recession," Morgan Stanley economists wrote in a report.
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The U.S. and European economies are "dangerously close to recession," Morgan Stanley economists wrote in a report.
Eighty Fishers homes were evacuated for about an hour Wednesday after a gas line was accidentally cut. Construction crews were widening Olio Road just north of 96th Street when they hit the line. Olio Road between 96th and 104th streets was closed so Vectren could repair the leak.
A Text-to-Give program was created Wednesday as another way for people to donate money to Indiana State Fair concert-disaster victims. Those interested in donating $10 to the Indiana State Fair Remembrance Fund can text “FAIR” to 27722. Users may make as many as three donations.
Danica Patrick plans to announce her plans to move from IndyCar to NASCAR full time in 2012, ESPN.com is reporting. ESPN said multiple sources say Patrick will drive the No. 7 GoDaddy.com Chevrolet for JR Motorsports. Her contracts are still under negotiation.
Mayor Jerry Sanders likes Indianapolis' blue print of connecting Lucas Oil Stadium to the Indiana Convention Center. Others in San Diego dislike the idea of following Indianapolis' and Indiana's taxpayer-fueled stadium financing plan.
Belden Inc. said it will spend $3.1 million to lease and equip a new 30,000-square-foot facility in Carmel, where its Americas division is headquartered.
Roche Diagnostics Corp., which runs its U.S. headquarters out of Indianapolis, got a boost Wednesday when the U.S. Food and Drug Administration approved a new genetic test to go along with a new Roche melanoma drug.
Most of the $1.8 million that Fair Finance trustee Brian Bash has recovered so far could go to attorneys and accountants working on the massive fraud case involving Indianapolis financier Tim Durham.
An Indiana law that limits damages paid by state entities likely will prompt lawyers to sue several other parties besides the state fair to try to recover as much as possible for victims of the concert calamity.
Construction has begun on a new neighborhood park at the northwest corner of 29th Street and Capitol Avenue, a blighted parcel that was once home to a filling station.
Indiana Stampings LLC plans to add 75 jobs by 2013 as part of a $7.3 million expansion that includes leasing and equipping a 155,000-square-foot facility.
As the multi-billion-dollar outdoor concert business has evolved from little more than shows under a canopied stage to productions featuring up to 20 tons of lighting and video equipment, experts point to the Indiana State Fair's fatal stage collapse as evidence of the necessity for caution — and regulation.
A judge on Wednesday blocked the Indiana Department of Education from using new teacher contract forms that would have allowed school districts to change the hours or days that teachers work without adjusting their pay.
An Arbor, Mich.-based manufacturer is planning a $10 million expansion to its plant south of Indianapolis that will add 35 more employees, it announced Wednesday.
Auditors are reviewing whether Ener1 Inc., which has hundreds of workers in the Indianapolis area, has enough cash to continue operations.
Thomasville, N.C.-based Old Dominion Freight Line said a $22 million investment will be used to upgrade its existing 122,340-square-foot facility on the southwest side.
High expectations set tone for Indianapolis Public School’s Harshman Middle School overhaul.
Convicted Martinsville school shooter Michael Phelps faces new charges for allegedly sending threatening messages from jail. Prosecutors say Phelps wrote to friends while he was behind bars awaiting trial for trying to kill former classmate Chance Jackson. Phelps was convicted of attempted murder for shooting Jackson in March. He was sentenced to 35 years in prison last week. He is now charged with intimidation and obstruction of justice.
Education reformers dramatically outspent opponents on lobbying, advertising and grass-roots campaigning during the past legislative session.
The Indiana Department of Transportation plans to continue a series of weekend closures for concrete repairs on area interstate ramps. Crews will begin closing the westbound Interstate 70 ramp (exit 79A) to South West Street and South Missouri Street at 7 p.m. Friday. The ramp will remain closed through the weekend and is expected to reopen before 5 a.m. Monday. Drivers can learn the locations of work zones and closures at www.TrafficWise.IN.gov.