Articles

Fewer auto closings reduce U.S. unemployment claims

The number of people seeking U.S. unemployment benefits plunged last week. But a big reason was that some automakers skipped their traditional summer shutdowns to keep up with demand, leading to fewer temporary layoffs of autoworkers.

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More U.S., Indiana homes facing foreclosure risk

More than 1 million properties experienced foreclosure filings in the first half of 2012. Twenty states saw a first-half rise in foreclosure activity from the same time a year ago. Indiana had the biggest rise on a percentage basis, with a 32-percent increase in foreclosure activity.

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AG pushes back state fair settlement deadline

Attorney General Greg Zoeller is giving victims of the Indiana State Fair stage collapse more time to decide whether to accept a portion of $6 million in state money that's linked to a settlement with the owner and manufacturer of the stage.

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Duke to NC regulators: CEO’s term not guaranteed

Jim Rogers, Duke Energy Corp.’s surprise CEO, said America’s largest electric company dumped Progress Energy Inc. CEO Bill Johnson because directors of the two merging corporations worried about Johnson’s authoritarian style and being forced to pump billions into a troubled Florida nuclear plant.

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Indiana students do slightly better on ISTEP tests

Scores released Tuesday by the state education department show that of the 500,000 students taking the standardized tests, 71 percent passed both the language arts and math sections. That's up one percentage point from last year.

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USDA reports corn in 18 states hurt by drought

Corn and soybean prices surged Monday after the latest government report showed a widespread drought in the middle of the country is hurting this year's crop. Indiana and Illinois have been particularly hard hit.

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Pence goes on air with $1.4M in ads in governor’s race

Pence has not only hit the airwaves first, but he has hit them three times, with a series of touchy-feely pieces detailing his courtship with his wife, his history growing up in Indiana and a devastating storm which struck his hometown of Columbus.

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Lilly gets 6-month Cymbalta marketing extension

Eli Lilly and Co. said Friday that it has received an extra six months of marketing exclusivity on the antidepressant Cymbalta, its biggest selling drug. The extension could mean more than a billion dollars in sales for the Indianapolis drug maker.

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