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.
Associated Press
Articles
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.
Indiana schools chief suggests grades for districts
Indiana's public education chief wants to start giving school districts letter grades on an A-to-F scale to hold them accountable for how their schools perform.
Frontier, flight attendants reach tentative deal
Frontier Airlines and the union representing its nearly 1,000 flight attendants have reached a tentative agreement to trim labor costs.
U.S. unemployment applications slip slightly
The number of people seeking unemployment benefits dipped last week but has been at or above 400,000 for 17 straight weeks.
Medical implant maker plans move from northern Indiana
Rochester Medical Implants plans to move operations from Rochester to Noblesville in October. The company has 28 employees.
Skillman to lead trade mission to Japan
The lieutenant governor's delegation will will leave in September and focus on job creation.
Aetna latest out of Indiana individual health market
The nation's third-largest health insurance company is the latest to leave the individual policy market in Indiana in another sign of diminishing competition.
Candidate Pence eyes Indiana income-tax cuts
Republican Mike Pence is looking at ways to cut Indiana income tax rates across the board if elected governor next year.
Indiana tax revenue better than expected for July
The new budget year is off to a good start for Indiana’s state government with about $23 million more in tax revenue coming in than expected.
IU union urges president to not accept big raise
The union that represents Indiana University's support staff is urging IU's president to turn down a 22-percent pay raise, saying the money could instead go toward preventing layoffs at a campus library.
Indiana State Fair to promote soybean industry
The Indiana State Fair will celebrate the versatility of the soybean and its $2.5 billion impact on the state during its 17-day run beginning Friday.
Most Indiana lawmakers vote against raising debt ceiling
A majority of Indiana's congressional delegation bucked the trend and voted against emergency legislation to raise the nation's debt ceiling, drawing praise from a tea party official.
Democrat Gregg wants to improve manufacturing base
Former Indiana House Speaker John Gregg said Tuesday he would focus on rejuvenating the state's manufacturing base if he is elected governor next November.
Wife of Pacers owner testifies against nanny
The wife of Indiana Pacers owner Herb Simon testified Tuesday that she knew nothing about violence in the past of a nanny who worked for her and said she would not have hired her if she had known.
Stocks slump as concerns about economy grow
The Dow Jones industrial average sank 265 points on Tuesday and all three major stock indexes fell more than 2 percent as investors reacted to more signs of weakness in the U.S. economy and poor earnings from several big companies.
Obama signs debt bill after final Senate vote
The Senate emphatically passed emergency legislation Tuesday to avoid a first-ever government default, rushing the legislation to President Barack Obama for his signature just hours before the deadline.
Environmental groups sue to block I-69 construction
Citizens for Appropriate Rural Roads and the I-69 Accountability Project said the road expansion would violate federal environmental laws.