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Jobless claims rising again
The number of newly-laid off workers seeking jobless benefits unexpectedly rose last week.
ITT Educational’s quarterly profit, revenue climb
ITT Educational Services Inc. reported higher profit in the fourth quarter of 2009, earning $2.56 per share. The Carmel-based
for-profit educator’s earnings topped analysts’ expectations.
PNC profit rises despite growing loan losses
The bank’s $1.01 billion in profit and its $5.08 billion in revenue were better than analysts expected.
Senate panel to consider gambling bill
An Indiana Senate committee plans to consider legislation that would allow riverboat casinos on Lake Michigan and the Ohio
River to relocate inland.
Indiana House panel approves guns-at-work bill
Bill that would prohibit companies from banning guns in people’s locked cars at work is on its way to the Indiana House floor.
Bill to hold back some 3rd-graders has steep cost
Indiana Senate Education Committee votes 8-3 to advance the bill, which now moves to the Senate Appropriation Committee.
Additional deals that didn’t make the mergers-and-acquisitions list
These deals had no price tag, but still were significant.
Indianapolis deals in 2009 ranged from $4.6 billion to $70
WellPoint’s sale of its NextRx unit was the largest deal in the Indianapolis area in 2009.
Merger-and-acquisition activity expected to warm in the Indianapolis area
Pent-up demand, anticipated thaw in financing might cause business valuations to rise modestly
Indiana businesses are welcoming investment from China
Some observers see a parallel to the state’s seeking Japanese investment following recession in the early 1980s.
EnerDel expected to announce new manufacturing plant
Lithium battery-maker had requested a Hancock County zoning exemption to establish a manufacturing operation in the Mount
Comfort business park.
A&E ticket giveaway: $3 Bill’s “Mustache Weather”
See the Indy-based comedy group, fresh from their appearance at the Chicago Sketch Comedy Festival.
Indiana applies for $500M in federal schools grants
Indiana application for competitive grants includes aggressive proposals that could force out inefficient teachers and convert
struggling schools to charter schools.
Comparing Coakley, Bayh
Evan Bayh is no Martha Coakley. But on the outside chance Bayh could be beat in this year’s senate race, an opponent might
do best to paint him as an elitist.
Indianapolis Motor Speedway board must point to path for success
They’ve ousted Tony George, now it’s time for the former Indianapolis Motor Speedway CEO’s three sisters and mother to lead
open-wheel racing out of the woods.
Man shot in the back; suspect on loose
A Bartholomew County man is in stable condition after he was shot several times Monday night at his mobile home in Heritage
Heights. Police say 38-year old Alberto Avitia told them that Juvencio Montez, 35, came into his home and shot him in the
back. Police are now searching for Montez. He is considered armed and dangerous.
Second infant dies at caregiver’s home
Muncie police are investigating the deaths of two infants within months of each other at a caregiver’s house. Caregiver
Tina Byrd said when she checked on the infant Tuesday afternoon he wasn’t breathing. In November, a 2-month-old baby died
while at Byrd’s home. Police investigated that case but found nothing suspicious. Now, police are examining both cases.
Policeman hits man already hit by vehicle
Police say an Indianapolis officer drove over a man who was lying on a road after being struck by another vehicle in a hit-and-run.
The officer reported that he was driving on the city’s south side on Emerson Avenue near Edgewood Avenue early Wednesday when
he saw the man in the roadway too late to avoid hitting him. Investigators found blood and auto parts not belonging to the
police cruiser where the man apparently had been hit. Mark Nelson, 26, of Indianapolis died a few hours later at Wishard Memorial
Hospital. Fox59 will have more at 4 p.m.
EnerDel in line for $3 million grant
Battery maker EnerDel could land $3 million in federal disaster-recovery money that would help bring 200 more jobs to its
facilities on the north side of Indianapolis and in Noblesville.