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St. Louis-based Peabody Energy Corp. said yesterday it plans to develop an enormous coal mine in Sullivan County in western Indiana, creating 350 jobs. The largest surface mine in the eastern United States will be developed with the support of two long-term supply contracts worth nearly $6 billion in new revenue, the company said. The […]

The new Nestle plant in Anderson stopped production of Nesquik this week after an unrelated inspection found maintenance issues, the Anderson Herald Bulletin reported last night. Nestle has corrected the problem but is awaiting approval from the state surveyor to resume production. The company is still producing Coffee-mate, Nestle’s best-selling product. “This doesn’t affect anything […]

Carmel-based software firm Information Systems Experts LLC plans to expand its operations and create up to 10 new positions, the firm announced this morning. The company said it would invest more than $287,000 to upgrade equipment at its 8,000-square-foot headquarters in Carmel. ISE received a $21,000 grant from the state’s Skills Enhancement Fund to train […]

ChaCha Search Inc. said today that it has raised $12 million in equity financing, which will allow the Carmel company to ramp up its advertising sales and support its newly opened New York office. The company also disclosed that it eliminated 25 jobs, shrinking its work force to 56. This isn’t ChaCha’s first belt-tightening. Late last year, […]

The United Way of Central Indiana announced this morning that it plans to cut funding to the agencies it supports by as much as 10 percent in the wake of steep endowment losses. Further, the organization is putting a one-year halt on certifying new agencies to protect existing agencies from further reductions, it said. The […]

FinishMaster Inc. today reported a $1.6 million profit in the fourth quarter, down nearly 30 percent from the same period in 2007. Sales decreased 7.6 percent, to $108 million, in the quarter ended Dec. 31 due entirely to same-branch sales declines, the Indianapolis-based automotive paint distributor said. “Economic conditions throughout the United States continued to […]

Crews have reopened several downtown streets that were shut down after last week’s massive fire on the canal. Michigan Street and the southern part of Senate Avenue opened to traffic this morning. Senate north of Michigan is scheduled to reopen tomorrow. Meanwhile, investigators are still trying to determine the cause of the fire that destroyed […]

Thousands of officers from more than 250 law-enforcement agencies across the state will patrol roads today to curb dangerous St. Patrick’s Day driving. They’ll conduct sobriety checkpoints and saturation patrols to detect and arrest anyone caught driving while intoxicated.

Lawyers will deliver opening statements today in the trial of a Plainfield woman accused of killing her newborn baby. Katie McCoy, 20, allegedly hid her pregnancy while she was a student at Bellarmine University in Kentucky. Police say she delivered the baby in October 2007 and let the newborn drown in a dorm toilet. McCoy […]

Three entrepreneurs from the medical and software realms are herding angels to invest in upstart life sciences companies in Indiana. StepStone Angels won’t be a fund, per se, but a membership-based group that brings together wealthy investors and slides promising companies their way for evaluation.