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This afternoon, about 160 Indiana National Guard Troops will leave Columbus and begin their journey to Iraq. The soldiers are part of the guard’s 1,313th Engineering Co. based at Camp Atterbury. The soldiers will spend time training at Fort McCoy in Wisconsin before being deployed to conduct a wide range of engineering operations in Iraq. […]
Regions Financial Corp. said today it will raise $1.85 billion in new capital through the public sale of 400 million common shares and 250,000 convertible preferred shares, as the regional bank looks to satisfy the U.S. Treasury’s demand that it raise $2.5 billion to shore up its cash position. Birmingham, Ala.-based Regions, which has about […]
Purdue and Anderson universities this fall will begin partnering to offer students the chance to earn two master’s degrees at the same time. Normal 0 false false false MicrosoftInternetExplorer4 The program will enable students, within three years, to receive an MBA from Anderson and a master of science in technology from Purdue. It is […]
I try not to jump into the grind of the rumor mill too often. But the most recent rumblings about the Indiana Pacers were becoming just a little too loud to ignore.
The number of newly laid-off workers requesting unemployment insurance dropped slightly last week after spiking the week before due to auto layoffs. Meanwhille, continuing jobless claims inched closer to 7 million. The Labor Department said today that initial claims for jobless benefits fell to a seasonally adjusted 631,000, down from a revised figure of 643,000 […]
Normal 0 false false false MicrosoftInternetExplorer4 A property tax appeals board granted the city of Gary and four of its sister government units $23.5 million in budget relief from new state property tax caps yesterday. But the decision by the Distressed Unit Appeals Board still means the city, its sanitary and storm water districts, its […]
Okay, so our nation has annointed another “American Idol.” And the chat rooms are buzzing about whether or not humble guy Kris Allen deserved the win over the in-your-face Adam Lambert.
The fact remains that both have been given a huge launch pad….
The Indiana high school football championships will remain at Lucas Oil Stadium at least three more years under a sponsorship agreement with the Indianapolis Colts announced yesterday. IHSAA commissioner Blake Ress said the money “will help reduce the ever-increasing expenses” in running the high school tournament. He said the Colts’ involvement also includes the sectional, […]
The 154-year-old Jefferson County Courthouse caught fire last night, and the damage looks serious. Workers were finishing up renovations in preparation for Madison’s bicentennial next month. You can follow Twitter updates from the Madison Courier here. The…
Police say the cost of security for President Barack Obama’s visit to the University of Notre Dame could reach $50,000. South Bend and St. Joseph County police officers worked overtime to provide security for the president’s commencement speech Sunday and to monitor protesters on the edge of campus. Police arrested 37 people on trespassing charges […]
A Hamilton County judge yesterday ordered the wife of a former Conseco Inc. director to pay the insurer $5 million in its ongoing quest to recover unpaid stock loans. The judgment against Margaret Massey, wife of James D. Massey, stems from a November ruling from U.S. Bankruptcy Judge Basil H. Lorch III that said Conseco […]
The ticket giveaway contest is taking a two-week hiatus. Look for a new contest in the June 4 e-mail blast. Last week, I offered four tickets to any film in the Indianapolis Museum of Art’s Summer Nights film series. It opens June 5 with “The Bourne Identity” and continues weekly with such films as “Roman […]
Last week, I offered four tickets to any film in the Indianapolis Museum of Art’s Summer Nights film series and asked you to describe what you’d find in an ideal picnic basket. Here’s a sample of the more than 125 responses: “A sandwich – Dagwood Bumstead style.” (Erin Beaver) “Peppered turkey and provolone mini sandwiches, […]
The new law aimed at fixing Indiana’s bankrupt unemployment insurance fund doesn’t get the whole job done and employers likely will face higher federal taxes next year along with higher state taxes, a state oversight board was told yesterday. Chief Financial Officer Scott Sanders of the Indiana Department of Workforce Development told the Unemployment Insurance […]
A bankruptcy judge yesterday denied a motion from a pair of Indiana state pension funds and a state construction fund to delay the proposed sale of most of Chrysler’s assets, saying the funds’ plan to challenge the legality of the sale in another court wasn’t enough of a reason to push back the proceedings. Normal […]
UMB Bank has acquired the corporate trust business of Harris bank for an undisclosed price. The deal, which closed last week, includes 80 accounts and $213 million in assets, UMB President and Chief Operating Officer Peter deSilva said today. Corporate trust units underwrite corporate and government bonds. UMB, headquartered in Kansas City, Mo., added the […]
A federal jury returned a verdict that a major energy company violated clean-air rules at a coal-fired power plant along the Ohio River in southeast Indiana. The Southern District of Indiana verdict Tuesday night came following six days of trial and eight hours of jury deliberation in U.S., et al. v. Cinergy Corp., et al., […]
A Hamilton County judge today ordered the wife of a former Conseco Inc. director to pay the insurer $5 million in its ongoing quest to recover unpaid stock loans. The judgment against Margaret Massey, wife of James D. Massey, stems from a November ruling from U.S. Bankruptcy Judge Basil H. Lorch III that said Conseco […]
