Indiana casino owner preparing to exit bankruptcy
The company that owns Indiana's Hoosier Park casino and horse track expects to emerge from bankruptcy protection in the coming months with about two-thirds less debt.
Associated Press
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Unemployment aid applications fall to 4-month low
The number of people seeking unemployment benefits fell last week below 400,000 for the first time in four months, a sign that the job market may be improving again slowly after a recent slump.
Dow drops more than 500 over economy concerns
The Dow Jones industrial average fell 519 points, or 4.6 percent, to close at 10,719.94 on Wednesday, wiping out the 429-point gain from Tuesday.
Stocks plunge after market’s opening
The Dow Jones industrial average fell 413 points, or 3.7 percent, to 10,827, in morning trading Wednesday. That erased nearly all of its 429-point gain from Tuesday, when the Federal Reserve pledged to keep its key interest rate at nearly zero into 2013.
Julian Center taps attorney to succeed Ann DeLaney
The domestic-violence organization chose Melissa Pershing, an attorney with not-for-profit experience in Indiana, North Carolina and Alabama.
KAR Auctions reports $14M quarterly loss
Carmel-based used and salvaged vehicle auctioneer KAR Auction Services, Inc. said it lost $14.3 million in the second quarter due to the early payoff of debt.
Green group: I-69 will drain money from other projects
Indiana's 142-mile extension of Interstate 69 between Indianapolis and Evansville will siphon hundreds of millions of dollars away from other road and bridge projects in coming years, according to a report from an environmental group.
Fed to keep interest rate near zero for 2 years
The Federal Reserve said Tuesday that it will likely keep interest rates at record lows for the next two years after acknowledging that the economy is weaker than it had thought and faces increasing risks.
Indiana voucher program sees 2,200 students enlist
The Department of Education began accepting applications to its broad-sweeping new school voucher program a month ago. Since then, 2,230 students have been accepted into the program
Indiana casinos see revenues drop, brace for rivals
State gaming commission records show that admissions at Indiana's 11 full casinos dropped about 3 percent through the first six months of this year when compared to 2010.
Indiana federal aid target in national debt deal
The federal deal targets "discretionary funding," which is where a good chunk of the roughly $9 billion the state collects from the federal government each year falls.
Former IU president John W. Ryan dies at 81
Former Indiana University President John W. Ryan, who oversaw the creation of two regional IU campuses during his 16-year tenure and had a hand in the university's development spanning 50 years, died early Saturday at age 81, school officials said.
University urges Congress to restore foreign language cuts
Indiana University officials say they're looking for ways to fund foreign language instruction after federal officials cut their funding by $1.7 million.
Judge tentatively rules against Pacers owner
A Los Angeles judge on Friday tentatively ruled against Indiana Pacers owner Herb Simon and his wife in the beginning phase of a wrongful dismissal trial involving the nanny that they fired.
Stocks go on roller coaster ride after jobs report
Market swings continued all day after a better-than-expected employment report. By the market's close, the Dow was up 60 points, or 0.54 percent, to 11,444.
Indiana counties wrestling with tax overpayment
City and county officials across Indiana are starting to wrestle with how they'll deal with the state's plan to recoup roughly $610 million it overpaid local governments for income taxes it expected to collect.
Stocks turn lower as optimism about jobs fades
Stocks rebounded Friday on a report that the U.S. added more jobs than expected during July, but quickly retreated.
Orthopedics company plans $27M Indiana project
Warsaw-based DePuy Orthopaedics expects to spend $20 million on manufacturing equipment and $7 million on research and development equipment and have it installed before 2014.
U.S. jobless rate dips as economy adds 117,000 jobs
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent, an optimistic sign after the worst day on Wall Street in nearly three years.
UPDATE: Dow drops 513 in worst day since ’08
A broad sell-off sent major stock indexes down more than 4 percent for the day.