September consumer spending weakens while incomes dip
Americans slowed their spending in September to the weakest pace in three months and their incomes fell for the first time in 14 months.
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Simon’s quarterly results slip, but profit, revenue rise
Simon Property Group Inc., the largest U.S. shopping-mall owner, said third-quarter profit declined from a year ago after the company recorded an expense to buy back debt.
First Internet Bancorp quarterly earnings up again
First Internet Bancorp earned just over $1 million in the third quarter ended Sept. 30, compared to a loss of $208,806 for the same quarter of 2009.
You-review-it Monday
Visit the Phoenix Theatre? Check in on Know No Stranger? Join Q Artistry for an evening of Poe?
Voters expected to OK property-tax cap amendment
A recent poll found that more than 60 percent of likely voters support the proposed constitutional amendment, and some of the measure’s biggest opponents have given up the fight.
State sues WellPoint over data breach
The lawsuit filed Friday in Marion County accuses Indianapolis-based WellPoint of violating a state law that requires businesses to provide notification of data breaches in a timely manner.
Indiana’s life sciences industry sees trouble ahead
Indiana’s life sciences industry has weathered the recession relatively well, but Eli Lilly’s struggles and tight capital markets could threaten the future.
Workplace safety rules a part of ND death probe
State regulators are investigating whether the University of Notre Dame violated safety rules when it allowed a student to videotape football practice from a tall hydraulic lift that toppled in high winds, killing the young man.
Anti-incumbent wave unlikely to swamp ‘lucky’ Burton
Congressman Dan Burton is expected to win his 15th term Tuesday despite what some say is an anti-incumbent sentiment sweeping the nation.
Sallie Mae consolidation bringing 350 jobs to Indiana
Student-loan giant Sallie Mae will consolidate operations in Indiana as part of a company-wide restructuring, creating about 350 jobs at its existing facilities in Fishers and Muncie.
Anderson makes headway in disposing of former GM sites
The city of Anderson is nearing a milestone in its effort to find new uses for numerous former General Motors sites that have been in its possession since 2006.
Mayor’s communications strategist leaving city post
Robert Vane, Ballard’s deputy chief of staff and communications director, plans to start his own firm specializing in crisis and strategic communications. His last day with the city is Nov. 5.
Rail company plans new plant, 650 jobs in Muncie
Alabama-based Progress Rail Services, a subsidiary of Caterpillar Inc., said it plans to invest about $50 million to open the first locomotive manufacturing and assembly plant in the United States in many years.
UPDATE: Butler’s Fong leaving for new job
Butler University President Bobby Fong will leave at the end of the current academic year to take the helm of private Ursinus College outside Philadelphia, the Indianapolis school confirmed Friday afternoon.
Ascension aims to cut costs with $10.9M service center
St. Louis-based Ascension Health announced Friday morning that it would open a professional service center in Indianapolis, creating up to 500 jobs by 2013.
Greenfield woman hit by car
A Greenfield woman was taken by helicopter to Methodist Hospital in Indianapolis Thursday night after she was struck by a car while walking on a sidewalk along State Road 9. The woman, 46, suffered head injuries and a broken leg. Police have not released her name.