Retail sales tick up for second consecutive month
Consumers, enticed by cooler weather, early holiday discounts and an improving economy, spent a little more in October.
Associated Press
Articles
Acquisition hurts Republic Airways profits
Republic Airways reported a much smaller third-quarter profit as Midwest Airlines, purchased on July 31, lost money right
away.
Latest stimulus jobs report rife with errors, review finds
The government’s latest count of stimulus jobs significantly overstates the effects of the $787 billion program, raising fresh
questions about the process the Obama administration is using to tout the success of its economic recovery plan.
State education leader defends teacher-licensing proposals
Indiana schools chief Tony Bennett on Tuesday dismissed criticism of his plan to revamp the state’s teacher licensing standards,
saying some in higher education oppose it because they fear how they eventually could be affected.
Voters in struggling Ohio back four urban casinos
Ohio voters hit hard by the economic downturn have approved casinos on the fifth try by gambling supporters in the past two
decades.
Buffet’s Berkshire buying railroad for $34B
Warren Buffet’s Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at
$34 billion.
Factory orders rose 0.9 percent in September
Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.
FDA questions role of payments in Zimmer study
Federal health officials say an implant from Indiana-based Zimmer Holdings Inc. appears to be effective in treating spinal
problems, but questions remain about whether company payments to doctors influenced the device’s trial data.
Educators criticize proposed licensing changes
A proposed revamping of Indiana’s teacher licensing standards that would reduce the amount of required courses on how to teach
drew sharp criticism from educators Monday, with one teacher at the last of three public hearings on the plan calling it a
“slap in the face.”
September construction spending edges up
Construction spending in September posted a better-than-expected performance, powered by the largest jump in housing construction
in more than six years.
Indiana among 15 states accusing Amgen of illegal kickbacks
Biotechnology behemoth Amgen Inc. is being sued by 15 states, including Indiana, alleging the company gave kickbacks to medical
providers to help boost sales of the Aranesp.
Ford surprises with $1B quarterly profit
Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with a profit of
nearly $1 billion in the third quarter.
Five Indiana counties form biz-development group
The newly formed Interstate 74 Business Corridor includes Shelby, Rush, Decatur, Ripley and Dearborn counties, as well as
the city of Batesville.
Fewer schools offering $1 health coverage for administrators
Nearly 60 of Indiana’s 354 public school districts now require administrators to pay more than $1 for their health insurance.
That’s a big shift from a decade ago.
Debate heats up over revamped teacher license rule
The proposal has sparked fierce opposition and created a turf battle that could come to a head Monday when the state holds its final public hearing on the issue in Indianapolis.
Stimulus funds 18,900 jobs in state, White House claims
President Barack Obama’s federal stimulus package has steered about $848 million to Indiana so far and created or retained
nearly 18,900 jobs, the White House said. But an analysis found the report is still full of errors.
Two Indiana colleges land $6.3M for geothermal systems
The U.S. Department of Energy has awarded $6.3 million to two Indiana colleges to install environmentally friendly geothermal energy systems.
Health care businesses at risk in House proposal
The health care overhaul bill produced by House Democrats would impose an array of new taxes, fees and government mandates
on major players in the health industry, including drug companies and big medical-device makers headquartered in Indiana.
Rail line damaged in highway tanker explosion
Officials with the Indiana Transportation Museum say heat from last week’s tanker truck explosion on Indianapolis’ northeast
side damaged about 200 feet of railroad track.
Economy grows in 3Q, signals end of recession
The economy grew at a 3.5-percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.