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Presidential candidate Sen. Barack Obama plans to speak at a town hall meeting Saturday at the Plainfield High School gymnasium, the campaign said today. Tickets for the 12:30 p.m. event are all taken.

About 26 of the 700 workers at Ryobi Die Casting Inc. in Shelbyville have taken voluntary layoffs due to the ripple effect of the two-week American Axle and Manufacturing Holdings Inc. strike. The plant machines parts for General Motors Corp. GM has slowed production and shut down plants as inventories of parts supplied by Detroit-based […]

Troubles for Carlyle Capital Corp. Ltd., a unit of Carlyle Group, a Washington D.C.-based private equity group, have worsened after it said it can’t meet demands of more than $400 million in margin calls from lenders, according to Bloomberg. The fund had defaulted on about $16.6 billion of debt as of yesterday and expects additional […]

A lawsuit Whirlpool Corp. filed against a union at its refrigerator plant in Evansville has been dismissed after the parties reached a settlement, according to the Evansville Courier & Press. Terms were not disclosed. Whirlpool sued after an arbitrator forced the Benton Harbor, Mich., company to reimburse insurance surcharges for employees who smoke. A decade […]

Shares of Steak n Shake Co. ended the day largely unchanged at $8.06 after rising nearly 3 percent through mid-day trading. The Indianapolis company early this afternoon announced that two outside shareholders bumped two directors off the board, including the chairman and acting CEO. Sardar Biglari and Phillip Cooley, who represent the Texas-based Lion Fund, […]

Employment was about the same in January as December, according to the latest figures from the Indiana Department of Workforce Development. The state had 2,994,800 jobs, down 200 from December. The figures, taken from surveys of employers, are adjusted for seasonal fluctuations. January figures arrived about a month late due to government statisticians’ needing additional […]

Vontoo Inc., the Indianapolis startup that’s developing audio marketing messages, has attracted $2 million in private funding. The company was started in 2006 to help bring personalized voice mail messages that can include nuance that’s difficult to convey in an e-mail. A key financial backer is Robert Compton, an angel investor living in the Memphis […]

Tennessee-based Hollingsworth Capital Partners has bought a 330,822-square-foot industrial building at 910 E. 169th St. in Westfield for an undisclosed price. The seller was Verizon Communications Inc. The new owner plans to lease the building to multiple tenants. John Huguenard and Michael Weishaar with Colliers Turley Martin Tucker represented Verizon Communications in the sale.

A research center to be included in the Medco Health Solutions Inc. pharmacy distribution center at Whitestown will study drug data, genetic testing and medical claims data, the company said today. With help from colleges and universities, the center will look for ways to use the information to cut costs and improve patient health, said […]

Jim Kanir has been named president and chief operating officer of Indianapolis-based Powerway Inc., an Indianapolis company that develops manufacturing control software. Kanir represented Mason, Ohio-based Cohesia Corp. as it was acquired by Powerway in June last year, and served in a consulting role during the transition. The president’s position had been held by Dave […]