Steel Dynamics third-quarter profit falls 64 percent
Steel Dynamics Inc. posted a third-quarter profit of $69 million, its first gain after three straight quarterly losses.
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Second developer facing foreclosure on Fishers property
The developer of the proposed $80 million project is facing foreclosure on the property at the same time adjoining land critical
to the project’s development has been scheduled for liquidation by a lender.
EPA: Indiana must rewrite BP refinery air permit
Federal officials ordered Indiana on Monday to rewrite an air permit for BP PLC’s Whiting refinery, concluding the state may
not have fully assessed all the new emissions a big expansion of the refinery will produce.
GM invests $364M, adding 230 jobs in Marion
General Motors Co. says it’s investing $364 million in its Marion Metal Center in Indiana and will employ about 230 workers
transferring from plants in Michigan and Ohio.
Indiana faces $200M casino hit from outside competition
Indiana’s state government could lose more than $200 million in casino tax revenue if casinos are approved in Kentucky and
Ohio.
Afraid to die
Fear of death may be causing Americans to expect too much from our medical system when it comes to prolonging the lives of
the old and infirm.
Circle City Classic director resigns after 4 months
The director of the Circle City Classic announced his resignation Monday, just four months after taking the job.
Local radio ratings race tightening
The latest Arbitron Inc. radio ratings show the central Indiana market is becoming far more competitive, with the top
stations separated only by fractions of a point. WFMS-FM slipped, but remained No. 1, while urban stations WHHH-FM and WTLC-FM
climbed into the next two spots.
Lockheed Martin planning Indianapolis layoffs
Maryland-based Lockheed Martin will idle 10 percent of the employees at its Indianapolis call center as a result of declining call volumes and “funding issues” that are cutting short a five-year federal contract worth a total of $80 million.
Vectren expects lower gas bills for many customers
One of Indiana’s largest natural gas utilities predicts customers’ bills in its largest service territory might be 25 percent
to 30 percent lower this heating season compared to the last one.
Biomass boilers could save Indiana prisons $36M
New biomass boilers at four Indiana prisons are projected to save the state $36 million over 10 years. The Indiana Department
of Correction says it dedicated the first of the new boilers last week at the Pendleton Correctional Facility northeast of
Indianapolis.
Manchester wants doctoral pharmacology program
Manchester College officials say they want to start a pharmacy school in Fort Wayne starting in the fall of 2012.
An attack on common percents
Don Pallotta, author of “Uncharitable,” pushed local leaders to think big and stop talking about overhead.
Study ranks IU among top Tweeting schools
A new survey puts IU among the top 7 percent of collegiate users of the social networking site Twitter.
Rain slows Indiana farmers bringing in fall harvest
A soggy spring and wet fall have left Indiana farmers scrambling to harvest their soybeans so they can replant the fields with winter crops.
Critics: Failed Indiana-IBM deal should warn others
Indiana said it was going to get outsourcing right when it turned welfare eligibility services over to a private contractor
in 2007. Now critics say the failed move is the latest warning that states should not allow for-profit companies to run social
services.