Drop in unemployment claims shows job market improving
The Labor Department said Thursday that initial applications for unemployment benefits dropped by 11,000 to 448,000, the lowest
level in four weeks.
The Labor Department said Thursday that initial applications for unemployment benefits dropped by 11,000 to 448,000, the lowest
level in four weeks.
City and union officials say General Motors has found a potential buyer for an Indianapolis stamping plant that it has planned
to shut down: JD Norman Industries of suburban Chicago.
The Indiana Department of Administration says mail-in results released Wednesday show Indiana tied with Iowa in its rate of
return. The two states trailed only Wisconsin and Minnesota, which both hit 80 percent. The national rate was 72 percent.
State regulators have issued a $17,000 fine against Kroger Co. over a warehouse accident that led to a worker’s death.
Federal aviation officials want to fine Chautauqua Airlines $348,000 for allegedly flying regional jets thousands of times
without performing required safety inspections.
The Purdue Research Foundation says the Chao Center for Industrial Pharmacy and Contract Manufacturing was unable to become
self-sustaining in part because of the recession.
The museum will display artifacts and uniforms from all branches of the military from 1910 through Operation Desert Storm
in Iraq. A model of the USS Indianapolis, which was sunk by Japanese torpedoes during World War II, also will be displayed.
In January, Anthem Blue Cross notified many individual policyholders that their rates would rise as much as 39 percent March
1. After a public outcry, the company announced a two-month delay. Now that is on hold, too.
The town will spend $250,000 to turn a vacant 15,000 square foot space in the Beechwood Centre into 12 classrooms and a computer
lab.
Indiana's air, land and water are significantly cleaner than they were at the start of the environmental movement
40 years ago, but the state still has work to catch up with other states, according to activists.
Crews will begin in late April demolishing the first of 74 homes south of downtown Franklin damaged by massive flooding in
June 2008. Officials still haven’t decided how to reuse the land, and residents are torn.
Clarian Health officials on Thursday plan to buy four helicopters as it replaces aircraft in its aging patient-transport
fleet.
The Commerce Department's report on new home sales Friday is forecast to show a 7.1 percent increase to a seasonally adjusted
annual rate of 330,000, according to economists polled by Thomson Reuters. That's up from an all-time low of 308,000 in
February.
State revenues are $867 million, or 9.4 percent, less than forecast through the first nine months of the current fiscal year.
A central Indiana county is nearing approval of more than $13 million in incentives in hopes of attracting a company to take
over a sprawling factory that a Chrysler supplier stopped building in 2008.
The grant announced Wednesday is part of $452 million in stimulus funding nationwide for projects meant to make buildings
more energy efficient.
Indiana is among the nation’s five most underfunded teacher pension programs, but low ranking is misleading.
The program will expand to St. Joseph and Marion counties this month, to Monroe County this summer, and the rest of the state
later.
The national unemployment rate for college graduates age 25 and older was 4.9 percent in March, up from 4.4 percent a year
ago, the U.S. Bureau of Labor Statistics reports.
Toyota Motor Corp. agreed Monday to pay a record $16.4 million fine for failing to properly notify federal authorities about
a dangerous accelerator pedal defect. The automaker still denies the government's
allegation that it violated the law.