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Technology companies and banks led a broad rally for U.S. stocks in midday trading Tuesday following solid gains overseas as China took more steps to soften the financial impact of the virus outbreak.
The Columbus-based engine-maker said it expects sales to drop another 8% to 12% in 2020, it expects its full-year 2020 revenue to decline between 8% and 12%, mostly because of lower truck production in North America, Europe, China and India
If much of industrial China remains on lockdown for the next few weeks, Western retailers, auto companies and manufacturers that depend on Chinese imports will start to run out of the goods they depend on.
New owner Timken Co. plans to consolidate the local plant’s operations in Illinois. Diamond Chain was founded in 1890 as the Indianapolis Chain & Stamping Co., originally to produce chains for the nation’s fast-growing bicycle industry.
Paramount Schools of Excellence bought the 55,000-square-foot building in the Cottage Home neighborhood for about $3.2 million.
The Indianapolis-based shopping mall giant topped analyst predictions for funds from operations and revenue in the latest quarter.
The Iowa Democratic Party said Monday night that results from the state’s first-in-the-nation caucus were greatly delayed due to “quality checks” and new reporting rules, an embarrassing complication that added a new layer of doubt to an already uncertain presidential primary season.
Schools won’t be punished for low test scores earned during the first two years of the state’s new ILEARN test—a move by state lawmakers Monday that will render schools’ 2019 and 2020 state grades essentially meaningless.
A double-barrel audit may be the next step in scrutinizing why Carmel’s boutique hotel project, The Hotel Carmichael, is about $20 million over its original budget.
Despite shortages, Illinois residents bought more than $30.6 million in January, while out-of-state visitor sales totaled $8.6 million. Dispensaries sold more than 970,000 products.
The proposal faced opposition from some business groups, including the Indiana Chamber of Commerce and the Indiana Manufacturers Association.
The bill’s opponents call the legislation a “coal-bailout bill,” designed to prop up the state’s struggling coal industry just as utilities are preparing to shut down aging coal plants.
The Seattle-based e-commerce company plans to use a 660,384-square-foot building that’s already under construction for an an “inbound cross dock” center.
Twenty-four Indiana hospitals will be docked by the Centers for Medicare & Medicaid Services—the highest number since the program began six years ago.
Following a round of closures earlier in the year, the high-end, organic-heavy chain says “challenges in the retail industry” have hindered its ability to pay off debt.
Hamilton County Chief Deputy Treasurer Kim Good is pursuing defamation charges against a former co-worker who claimed Good engaged in nepotism and fired her to cover it up.
Hamilton County Chief Deputy Treasurer Kim Good is pursuing defamation charges against a former coworker who claimed Good engaged in nepotism and fired her to cover it up.
Technology companies led U.S. stocks higher in midday trading Monday as global markets mostly calmed down following a sharp sell-off last week over worries about the spreading virus outbreak in China.
The deal is the latest evidence of Simon’s willingness to step into an ownership role to rescue mall chains that overexpanded and made other blunders as the internet roiled the fashion-retailing industry.
New orders, production and export orders all grew last month. Factory hiring dropped for the sixth straight month but at a slower pace than it did in December.
