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Tipton manufacturer with 173 workers says its closing
Steel Parts Manufacturing Inc. says it plans to close its plant in Tipton, ending employment for 173 workers. The company told the state the closure and layoffs will begin Feb. 28 and end by March 14.
Local sports radio market adds third player
On Jan. 2, WXNT-AM 1430 changed its format from news-talk to 24-hour sports, going head-to-head with WFNI-AM 1070 and WNDE-AM 1260. The last time this market had three sports-talk radio stations, one didn't survive.
Republic shares hit two-year high on revised outlook
Stock in Republic Airways Holdings rocketed into 2013, closing 19.5 percent higher Wednesday after the Indianapolis-based company raised its quarterly outlook. The shares climbed to a two-year high Thursday morning.
Weekly unemployment applications rise to 372,000
More Americans sought unemployment benefits last week, though the winter holidays likely distorted the data from the U.S. Labor Department for the second straight week.
Roundup: Twist, Marco’s, Yats, Side Street, 14 West
Find out about the latest comings and goings among central Indiana restaurants including a new cocktail lounge in South Broad Ripple and the departure of a downtown fine-dining staple.
Indiana justice urges deal over House boycott fines
Indiana's chief justice is urging Democratic and Republican lawmakers to work out their own differences that still linger from two straight years of legislative walkouts.
Indiana lawmakers seek decentralized school choices
Two Republican state senators announced Wednesday they will push measures to decentralize school leadership in Indiana and pull the state out of a national education initiative.
‘Cliff’ deal sends stocks up, but problems lurk
The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year.
Indiana town sues in bid to take over water services
A central Indiana town is suing Indiana American Water Co., seeking to wrest control of local water services from the utility.
Columbus-based mutual fund shines in 2012
Kirr Marbach’s ‘mid-cap blend’ outpaces similar Indiana-based investments.
Investment strategists confront shrinking interest rates
You know the investing climate is unusual when a stock’s dividend yields more than bonds issued by the same company.
500 Festival chief heading to AAA Hoosier Motor Club
Kirk Hendrix, who has served as president and CEO of the 500 Festival since 2003, is stepping down to take the same positions at AAA Hoosier Motor Club, the club announced Wednesday.
Ticket giveaway: “Hairspray in Concert” with the ISO
John Waters narrates. Micky Dolenz stars. And you could be there.
Fatal truck accident clogs I-69
Interstate 69 was closed in both directions Wednesday morning just north of Pendleton near the State Road 9 exit after a fatal crash involving hazardous materials. Anderson police said one person was killed when a tanker truck was rear-ended by another truck about 7:30 a.m. Hazmat crews were on the scene. Traffic was expected to remain restricted for several hours.
Police probe first homicide of year
Indianapolis detectives are investigating the city’s first homicide of the year, which took place Tuesday in the 3300 block of West 9th Street at about 5:20 a.m. Police responding to the scene said it appeared the victim opened the back door of his residence and was shot to death. Police are seeking leads.
Three shot on city’s southeast side
One man died and two others were injured in a shooting about 8 p.m. Tuesday night on the southeast side of Indianapolis. Police arriving on the scene in the 2900 block of Draper Street, near East Troy and Carson avenues, found two people suffering from gunshot wounds. One died on the scene and the other was taken to the hospital in good condition. A third man drove himself to the hospital with non-life-threatening gunshot wounds. Police are investigating.
Pennsylvania to sue NCAA over Sandusky-related penalty
Pennsylvania Gov. Tom Corbett said he will sue the Indianapolis-based National Collegiate Athletic Association, challenging a $60 million fine levied against Penn State University for its role in the Jerry Sandusky sex-abuse scandal.
Celadon plans $5.2M driver training center, 182 new jobs
Indianapolis-based trucking carrier Celadon Group Inc. plans to build a $5.25 million driver-training center and add 182 workers to its 633-employee local work force by 2016.
New goals for a new year
Whether we make hard-and-fast resolutions or more squishy wouldn’t-it-be-great goals, most of us can’t avoid imagining what 2013 will bring.