New tax law packed with gifts for businesses
Millions of homeowners, however, might feel like they got a lump of coal. Homeowners who don’t itemize their deductions will lose a tax break for paying local property taxes.
Associated Press
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New company taking over troubled Standard Life
State Insurance Commissioner Stephen Robertson said agreements have been reached for the $1.7 billion in policies and financial obligations of Carmel-based Standard Life Insurance Co. to be assumed by Guggenheim Life and Annuity Co.
Christmas Eve dash caps banner shopping season
A strong Christmas Eve would round out a surprisingly successful holiday season for retailers. The National Retail Federation predicts that holiday sales will reach $451.5 billion this year, up 3.3 percent over last year.
Toyota adding full-time jobs at Princeton plant
The 53 production positions will be filled by current temporary workers at the southern Indiana plant, as the carmaker anticipates continued strong sales.
Economy brightens as consumers spend, layoffs slow
The latest data confirm that the economy is improving, even though too few jobs are being created to lower the 9.8 percent unemployment rate.
Amylin and Lilly seek expanded Byetta approval
Eli Lilly and Co. and Amylin Pharmaceuticals Inc. said Wednesday they are asking the Food and Drug Administration to expand approval for their type 2 diabetes drug Byetta, which could bolster sales as the companies try to get approval for a new, longer-lasting version of the drug.
Ivy Tech poised to take over Kokomo event center
Ivy Tech Community College is planning to take over a Kokomo event center and possibly use the site for future expansion of its neighboring campus.
Feds: Economy grew modestly in third quarter
Many analysts think the economy is growing at a 3.5 percent pace or better mainly because consumers are spending more freely again.
Platinum Equity wraps American Commercial buyout
The sale of inland marine shipping company American Commercial Lines Inc. to an affiliate of Platinum Equity closed on Tuesday. Jeffersonville-based ACL was one of the state’s largest public companies.
Finish Line third-quarter profit down on lack of tax benefit
Athletic shoe store chain The Finish Line Inc. said Tuesday that its fiscal third-quarter profit skidded 37 percent as a one-time leg up from a tax windfall last year was not repeated. Revenue rose 9 percent.
Lilly Alzheimer’s imaging agent to get priority FDA review
Eli Lilly and Co. said the Food and Drug Administration will perform a faster review of florbetapir, an imaging agent that may help diagnose Alzheimer's disease.
Most state workers to see pay raise in 2011
Most Indiana state government employees will be receiving at least a $500 pay raise during 2011 after a two-year pay freeze.
Indiana grows slowly but keeps all nine House seats
Indiana added about 400,000 new residents during the past decade, giving the state enough population growth to safeguard its nine U.S. House seats and avoid a repeat of the one-seat loss it saw after the 2000 census.
Parts supplier NTN adding 115 jobs at Columbus plant
The Columbus-based company says the added work comes as sales have gone up for models it supplies. Ford, Toyota and Honda are NTN's three primary customers.
Indiana awaits census data, redistricting debate
Unlike a decade ago, when the 2000 census cost Indiana one of its U.S. House seats, the state is expected to hold on to all nine of its congressional districts Tuesday when the U.S. Census Bureau releases new national population data, state lawmakers said.
Indiana’s graduation rate improves to 84 percent
The state Department of Education says in a report issued Monday that 64 percent of Indiana's public high schools improved their graduation rates from 2009 to 2010.
Wayne County couple gives millions to area charities
Marlowe and Patricia Kluter of Richmond designated 13 churches, schools and charities to share more than $6 million from their estate.
WellPoint spent $1.1M lobbying feds in third quarter
Indianapolis-based WellPoint Inc. spent $1.1 million lobbying the federal government in the third quarter, as it focused on several issues tied to the health care overhaul Congress passed in March.
IU locating art and design center in Columbus
IU President Michael McRobbie says the school wanted to locate the center in Columbus to take advantage of the Indiana city's unique architecture and commitment to the arts.
Conservationists blast Newport depot reuse plan
The Newport Chemical Depot Reuse Authority hopes to develop a business and industrial campus on 11 square miles at the Vermillion County site that once produced and stored the deadly VX nerve agent