BP: Hayward out as CEO
BP PLC says Tony Hayward will step down as chief executive officer on Oct. 1, to be succeeded by American Robert Dudley.
Associated Press
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Hoosiers can file for back jobless benefits Aug. 3
The state Department of Workforce Development says about 80,000 Hoosiers will get restored eligibility covering about 250,000
weeks of payments thanks to a federal law signed last week.
Vehicle fumes make dozens ill at industrial park
About 100 Lockheed Martin were overcome by exhaust fumes that came from a semi-tractor for an IndyCar team that was switching
trailers at the industrial park building near Indianapolis International Airport.
Indiana University considers extending pay freeze
Officials say most of the university's nearly 20,000 employees statewide didn't receive any pay increases last year.
New home sales up nationally, but pace remains slow
The housing market had boomed earlier in the year on the strength of federal tax credits. Since they have expired, the number
of people looking to buy has dropped even with the lowest mortgage rates in decades.
American could take over Britain’s BP in wake of Gulf oil spill
The man overseeing the much-maligned response by BP PLC to the Gulf oil spill crisis is the likely choice to replace gaffe-prone
Tony Hayward to run the company and would become the first American to ever head the oil giant.
Ganassi earns ‘triple crown’ with Daytona-Indy-Brickyard wins
With Jamie McMurray's victory in the Brickyard 400 on Sunday, owner Chip Ganassi claimed the first
team triple crown
in American auto racing: winning the Daytona 500, Indianapolis 500 and Brickyard 400 in the same year.
Purdue replacing old air fleet with 17 new planes
Officials plan to buy four Cirrus SR20 planes at an air show in Oshkosh, Wis., this Friday. Purdue is purchasing 16 of the
single-engine planes and an Embraer Phenom 100 jet for $8.6 million.
McMurray wins Brickyard after Montoya falters
The win was huge for Earnhardt-Ganassi Racing, which this time last year was struggling to prove the team was stable and capable
of competing for wins. On Sunday, Chip Ganassi became the first team owner to win the Daytona 500, Indianapolis 500 and Brickyard
400 in the same season.
Indiana University adds ‘legends’ tour to orientation
The "Campus Legends Tour" is new this year and already appears to be a wildly successful addition to the orientation
program. The nighttime tour was designed to introduce students to the culture of the campus and community.
Small business lending measure clears filibuster
Community banks may soon be able tap a $30 billion government fund to help them increase lending to small businesses.
Deal sets way for recall of 25 Muncie firefighters
Muncie's mayor says 25 laid-off firefighters will soon be back on the job after the city reached a deal to provide fire
protection for some areas outside the city limits.
Obama signs unemployment bill; checks are coming
President Barack Obama on Thursday signed into law a restoration of benefits for people who have been out of work for six
months or more. The move ended an interruption that cut off payments averaging about $300 a week to 2½ million people
who have been unable to find work in the aftermath of the nation's long and deep recession.
UPDATE: Patent expirations overshadow Lilly profits
Investors are focused on whether Eli Lilly and Co. can continue dividend payments when patent expirations hit in the new few
years and whether the company's drug development pipeline can replace lost revenue.
BP donates to Indiana candidates, some return cash
BP's employee political action committee donated nearly $24,000 to Indiana legislative candidates in June, but not everyone
wants to cash the checks after the biggest offshore oil spill in U.S. history.
Elevated jobless claims point to weak labor market
The sharp increase comes after claims fell steeply two weeks ago to their lowest level since August 2008. But much of that
drop was driven by temporary seasonal factors and not an improving job market.
Gas City close to deal with furniture maker
The Gas City council has approved granting up to $2.5 million in economic revenue bonds for Echelon Furniture Inc. to locate
in a plant that Amcast Automotive shut down in 2006.
Historic financial overhaul signed into law by Obama
Rep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of
Ohio in calling for the law’s repeal.
Indiana changes food stamp policy that drew fire
Indiana will no longer reduce a state grocery benefit paid to hundreds of developmentally disabled people simply because they
receive food stamps
Jobless benefits bill would aid 80,000 Hoosiers
A bill advancing in Congress that would restore unemployment benefits for millions of Americans could help about 80,000 Indiana
residents who have been out of work more than six months.