Feds take over SCB Bank in Shelbyville
Muncie-based First Merchants Bank will assume the deposits and some of the loans of SCB, the third Hoosier bank to fail since the banking crisis began three years ago.
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Muncie-based First Merchants Bank will assume the deposits and some of the loans of SCB, the third Hoosier bank to fail since the banking crisis began three years ago.
More than quarter of the Democratic members of the Indiana House aren’t trying for re-election this year, further boosting the chances of Republicans strengthening their hold on the chamber.
Indiana Gov. Mitch Daniels, who decided last year against a presidential run, says he would consider serving in the cabinet of a new Republican president but believes it's "very improbable" the eventual nominee would tap him as a running mate.
Indianapolis firefighters are investigating the cause of four small fires that broke out within blocks of each other on the east side of Indianapolis in a span of about 30 minutes Friday morning. Three of the fires involved garages and the fourth a dumpster. The first call came in shortly after 2 a.m., near Michigan Street and Jefferson Avenue. No injuries were reported.
Noblesville police confirmed they found human remains near the Mississinewa River in Grant County on Thursday, but haven’t confirmed whether the remains belong to missing Hamilton County grandmother Dorothy Heard, 74. The Grant County coroner arrived at the scene Friday morning and will identify the remains if possible. Heard was last seen June 13. Her 47-year-old nephew, Donald Burns, is a suspect in her disappearance. Family members say they believe the remains are Heard’s.
A fatal accident involving a semi, a pickup truck and a car closed westbound Interstate 865 in Boone County for almost four hours Friday morning. A passenger in the car died at the scene of the 6 a.m. accident. The car’s driver was taken to a hospital with unknown injuries. The drivers of the other two vehicles suffered minor injuries.
Rep. Jeff Espich of Uniondale, the leader of the Indiana House's budget-writing committee, announced Friday that he won't seek re-election this fall and will end 40-year legislative career.
Development officials have hired a company to plan a downtown Bloomington technology park they hope can eventually spawn a bustling high-tech business hub in the southern Indiana city.
Horizon Bancorp of Michigan City announced Friday that it has agreed to acquire Heartland Community Bank of Franklin for about $14 million, or $9.72 per share.
A proposal to allow charities to pay people to run bingo, poker and other gambling games is too touchy of an issue to tackle this session, Indiana Senate Public Policy Chairman Ron Alting said Friday morning. Instead, he’ll request a summer study committee.
New York-based Sony DADC Americas will start shutting down its Fishers distribution facility in May and lay off all 248 workers by September, the company said Friday morning.
Carmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing what it calls "inflammatory answers to questions asked about sensitive subjects.”
Indiana will take advantage of a federal waiver on provisions of the No Child Left Behind act to create better education for students, State School Superintendent Tony Bennett said.
Anti-smoking advocates aren't happy about an 18-month exemption for bars that's included in a bill for a statewide smoking ban, and are aiming to prevent the proposal from being watered down.
Indiana homeowners will receive about $43 million in refinanced loans while other borrowers will get $30 million worth of loan-term modifications and other relief as part of a $25 billion nationwide settlement with the country's biggest mortgage lenders.
Kathy Cabello left a lucrative IT career to start Cabello Associates Inc., a marketing consultancy celebrating its 10th anniversary this year.
Miss Pivot is a social-skills training company that offers one-on-one coaching from professional “wing” women, group classes on topics like starting conversations, and now a mobile app that promises users the knowledge they need to “Fire Cupid.”
The Mind Trust plan for transforming Indianapolis Public Schools calls for turning the district into a network of charter-like schools and giving them 15 percent to 25 percent more dollars to spend than Indianapolis charter schools currently enjoy.
The state’s technology industry doesn’t march in lockstep when it comes to attracting top talent.