Jobless claims fall sharply to 4-month low
The U.S. Labor Department said Wednesday that initial claims for jobless aid dropped by 24,000, to a seasonally adjusted 435,000. Many Wall Street economists expected a smaller decrease.
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Simon rival General Growth exits Chapter 11
General Growth exits bankruptcy with more than 183 regional malls in 43 states — a retail portfolio second only to Indianapolis-based Simon Property Group Inc., which failed in its bid to scoop up its rival earlier this year.
State ATC chief steps down
Gov. Mitch Daniels has accepted the resignation of Indiana Alcohol & Tobacco Commission Chairman P. Thomas Snow.
Moody’s downgrades long-term ratings for Eli Lilly
Moody’s Investors Service on Monday lowered the long-term ratings of Lilly one notch, to A2 from A1, citing a wave of patent expirations the drugmaker faces in coming years.
Study: Substance abuse treatment costly for state
A study at the Center for Health Policy at IUPUI found that 66 cents of every dollar the state spends on services related to substance abuse goes toward health care while only 1 cent goes toward prevention or intervention.
Indianapolis, U.S. reach deal on sewage overflows
The new plan includes an accelerated construction schedule for the city’s efforts to reduce sewage overflows from systems that carry both storm runoff and sanitary waste.
Governor starts Asia trip with Indiana delegation
Daniels and about 40 government and business officials from Indiana are scheduled to be in China until Sunday. The governor and a smaller group will then go to Japan for meetings until returning to Indiana on Nov. 17.
Indiana firm pays W. Virginia $175,000 in consumer case
West Virginia Attorney General Darrell McGraw said Monday that the money will be used to compensate customers of Indianapolis-based Preferred Financial Solutions Inc., doing business as CCR Now or Credit Card Relief Now.
Fire causes $7M in damage to Indianapolis plane site
A fire has swept through an airport hangar in Indianapolis, causing $7 million in damage to the building and an unknown amount of damage to five planes inside.
Pilots unhappy over airport changes in Greenwood
Pilots say they’re upset by changes since new management took over and have begun go to Shelbyville and other airports to buy fuel. Some are even considering moving their planes.
Indianapolis Super Bowl project gets $1M boost
The grant from JPMorgan Chase Foundation clears the way for construction of the Chase Near Eastside Legacy Center.
Employers add jobs, but rate sticks at 9.6 percent
U.S. employers added the most jobs in five months in October, with the education and health care sectors leading the way.
Daniels: No word on White House run until April
Republican Indiana Gov. Mitch Daniels says politicians thinking about the next election in 2012 should "stifle" themselves for a while.
Weak employment report expected Friday
Newly elected members of Congress will get a reminder Friday of the economic challenges they face in January: The jobs report for October is expected to show hiring weak and unemployment still high. The outlook for 2011 isn't much better.
Hulman family plans oil drilling near Terre Haute
The Vigo County planning commission on Wednesday approved zoning changes to allow drilling on about six acres owned by the Grace Hulman Real Estate Trust and Anton Hulman Jr. Real Estate Trust.
Daniels wants changes in education, unemployment
Republican Gov. Mitch Daniels’ 2011 legislative agenda includes expanding charter schools, establishing merit pay for teachers, cutting unemployment benefits and raising unemployment insurance taxes on businesses.
Election turnout up only slightly this year
Slightly more Indiana voters cast ballots in this year’s midterm election than in the last one four years ago despite predictions of a much bigger turnout.
Daniels to outline 2011 legislative agenda
Republican Gov. Mitch Daniels will outline his 2011 legislative priorities Thursday, and his agenda could be a bit bigger now that the GOP has a firm grip on the Indiana House and Senate.
Democrats look to rebuild after Republican gains
Indiana Democrats are looking for a life preserver heading toward 2012. And their best hope might rest with the man some blame in part for at least one of the party’s losses: retiring Sen. Evan Bayh.
Indiana’s GOP leaders want school changes
The school plan that House Republicans presented during the campaign calls for giving parents more options, holding teachers accountable and putting more education dollars in classrooms rather than administration.