Two Indiana stores on Aeropostale’s closure list
Clothing retailer Aeropostale, once the vibrant epicenter of the shopping mall scene, is seeking Chapter 11 bankruptcy protection and closing 113 of its 739 U.S. stores.
Associated Press and IBJ Staff
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Newcomer Hollingsworth, incumbents score congressional primary wins
Incumbent members of Congress rolled to victories Tuesday night in their primary battles. And surprising newcomer Trey Hollingsworth captured the hotly contested 9th Congressional District Republican primary.
Luke Kenley, David Long defeat GOP challengers
Senate Appropriations Chairman Luke Kenley defeated Scott Willis of Westfield, who criticized Kenley for not doing enough to boost funding for schools and road projects in the fast-growing suburban area north of Indianapolis.
Indiana GOP voters choose Todd Young as Senate nominee
Young, 43, will now face Baron Hill in November's general election, the same Democrat he ousted from Congress in 2010 when he rode a tea party wave to Washington, D.C.
CNO misses mark with lower quarterly revenue, profit
CNO Financial Group Inc. on Wednesday reported quarterly results that fell short of Wall Street predictions.
Duke Realty sees quarterly profit shrink on lower revenue
Duke Realty Corp. on Wednesday reported a smaller profit on less revenue in the first quarter, but its results still met or exceeded analyst expectations.
Celadon beats expectations with quarterly results
Celadon Group Inc. saw a jump in revenue and a decline in profit in the fiscal third quarter, but both results matched or exceeded analysts' predictions.
Three Indiana restaurants on Bob Evans closure list
Restaurant chain Bob Evans Farms is closing 27 underperforming locations—including two in the Indianapolis area—and laying off 1,100 workers in an attempt to boost profits, it announced Monday.
Indiana lauded for transparency on government spending
A top watchdog group placed the state among four that received perfect scores for online access to financial data.
Planned Parenthood sues Indiana over new abortion law
The new measure, signed by Gov. Mike Pence late last month, bans abortions sought because of fetal abnormalities, including those that can lead to later miscarriages, and mandates fetal remains be either cremated or buried.
Indianapolis waste site could get Superfund priority status
A hazardous waste site in Indianapolis could be added to the federal Superfund program's priority list that speeds along investigations of contamination sources and eventual cleanups.
Expert: April cold might damage Indiana’s grape crop
A Purdue University horticulturist says Indiana's recent sub-freezing temperatures might have damaged grape vines lured into budding early by March's unseasonable warmth.
New Wal-Mart milk plant to employ 200 in Indiana
Wal-Mart Stores Inc. plans to build a multimillion-dollar milk-processing plant on 80 acres of farmland south of Fort Wayne International Airport, state officials announced Friday.
Senate votes to raise medical malpractice payment cap
Medical malpractices victims may be able to receive more money now that the Indiana Senate has passed a proposal to increase the compensation cap for the first time in nearly 18 years.
No change on Indiana plant closures after Pence meeting
United Technologies hasn’t changed plans to close two plants with 2,100 workers, but it intends to pay back money it received in incentive agreements and keep about 400 research-and-development and executive jobs in the state.
Meijer to invest $400M in new, remodeled stores this year
Midwest retailer Meijer plans to open nine new stores this year, including one in Indianapolis. It also plans to remodel numerous stores.
UPDATE: Proposal to raise payday lending rates fails
The proposed amendment would have made it legal for payday companies to offer six-month loans of up to $1,000 at an annual interest rate of 180 percent.
Supreme Court puts Obama’s Clean Power Plan on hold
The surprising move is a blow to the administration and a victory for the coalition of 27 mostly Republican-led states, including Indiana, and industry opponents that call the regulations “an unprecedented power grab.”
Allison tops expectations despite drop in profit, revenue
The Indianapolis-based manufacturer realized earnings of $13 million in the fourth quarter, down from $50.5 million in the fourth quarter of 2014.
Interactive posts loss, but rakes in record revenue
Interactive Intelligence Group Inc. on Monday reported a loss of $3.5 million in the fourth quarter, but the financial results topped the expectations of analysts.