Post office still seeking rate hike for 2011
The U.S. Postal Service had asked for a 2-cent increase in the current 44-cent price for First Class stamps starting in January, but was denied by regulators. It plans to appeal.
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Judge OKs General Growth’s restructuring plan
General Growth Properties Inc. said Thursday a bankruptcy judge has approved its reorganization plan, clearing the way for the Simon Property Group rival to emerge from Chapter 11 bankruptcy protection early next month.
Indiana church financier convicted of Ponzi scheme
Jurors deliberated about four hours before convicting Vaughn Reeves, 66, on nine counts of securities fraud.
State sues foreclosure consultants, alleging scams
Indiana’s attorney general is suing 10 companies for allegedly taking advantage of homeowners who turned to them for help saving their homes from foreclosure.
National jobless claims fall, but still elevated
Fewer people applied for unemployment benefits last week, but the drop wasn't enough to reverse a big increase the previous week.
Watchdog groups ask U.S. attorney to probe utility case
Two private watchdog groups have asked the new U.S. attorney in Indianapolis to investigate an ethics flap that has embroiled the Indiana Utility Regulatory Commission and Duke Energy.
USA Track & Field hit with wrongful termination suit
Former USA Track and Field CEO Doug Logan filed a wrongful termination lawsuit against the governing body Wednesday, seeking payment after suddenly being fired last month following a 26-month tenure.
Indiana agency paying law firm $5.25M to sue IBM
Barnes & Thornburg of Indianapolis was hired despite several conflicts of interest arising from the fact that it also represents former IBM partners involved in the welfare deal.
Purdue Tech Center expands by 12,000 square feet
A $2.2 million addition to the Purdue Technology Center is expected to help attract high-tech jobs to northwest Indiana.
Jeffersonville shipyard part of proposed $777M deal
American Commercial Lines Inc. announced Monday that Los Angeles-based Platinum Equity has offered a $777 million for the company, which includes the Jeffboat shipyard in Jeffersonville.
Indiana commerce agency, Purdue plan California office
Officials say the Silicon Valley office will focus on attracting California companies to move to Indiana and to sell venture capitalists on ideas and research generated by Purdue faculty and entrepreneurs.
Court limits lawyers soliciting accident victims
The new rule prevents attorneys from soliciting clients in personal injury or wrongful death cases within 30 days of an accident or disaster.
Flood-damaged Columbus hospital reassessing expansion
Columbus Regional Hospital officials say a decline in its number of inpatients and an increase in outpatients have them considering whether to proceed with a planned $108 million expansion project.
Purdue gives its image a facelift with new slogan
The university's new branding campaign is built around the words "We are Purdue. Makers, all." Officials say the slogan aims to capture Purdue's land-grant mission as well as its athletic and academic achievements.
OmniSource sues Brizzi over seized money
A recycling company is asking a Marion County judge to force Prosecutor Carl Brizzi to return more than $277,000 it says was seized as part of a trumped-up investigation.
Federal documents clear way for land exchange
The Indiana Department of Natural Resources said in a release Friday that 1,250 acres of the Atterbury Fish and Wildlife Area will be used by the Indiana National Guard. The guard plans a $105 million expansion of Camp Atterbury in Johnson County.
Purdue board OKs merit pay, bonuses, premium hike
Some Purdue University employees will get pay raises and bonuses, but all of them will pay higher health insurance premiums.
Indiana loans for jobless to hit businesses Jan. 1
The state will begin paying millions of dollars in penalties and interest to the federal government next year because it has borrowed nearly $2 billion to pay for jobless benefits.
For-profit college stocks tumble on enrollment warning
Investors fled for-profit college stocks Thursday after sector bellwether Apollo Group Inc. predicted a 40-percent drop in student enrollment next quarter and withdrew its forecast for next year. Carmel-based ITT Educational Services shares closed at $56.44 each, down almost 15 percent for the day.
FSSA secretary gets green light to take new job
Family and Social Services Administration Secretary Anne Murphy can take a private-sector job helping a hospital network cope with the federal health care overhaul she opposed as a public official, the state ethics commission said Thursday.