Cummins’ shares surge to six-month high amid oil rise
Cummins Inc.'s stock climbed after CNBC’s Jim Cramer cited the maker of heavy-duty engines as a potential gainer from a rally in oil and commodities.
Cummins Inc.'s stock climbed after CNBC’s Jim Cramer cited the maker of heavy-duty engines as a potential gainer from a rally in oil and commodities.
Peabody Energy Corp., which filed for bankruptcy on Wednesday, has at least six mines in Indiana that employ more than 1,250 workers, including Bear Run Mine in Sullivan County, the largest surface mine in the eastern United States.
Retailer Pacific Sunwear of California Inc., which operates 11 stores in Indiana, filed for bankruptcy protection Thursday after what it called years of management blunders.
Indianapolis-based Republic Airways Holdings Inc.’s unsecured creditors are likely to recover less than 50 cents on the dollar in the airline’s bankruptcy, and stockholders should expect nothing at all, according to a letter from the company.
U.S. judge urged Staples Inc. and Office Depot lawyers to “sit down and talk” with the Federal Trade Commission about terms for resolving the agency’s opposition to their proposed merger.
The 77-74 thriller that ended with a three-point shot at the buzzer attracted 17.8 million total viewers on TNT, TBS and TruTv. That’s down from the 28.3 million who tuned in to the men’s college basketball title game a year ago.
The Senate easily passed a bill Monday allowing corporations to make a federal case of the theft of trade secrets, but a broader patent-law overhaul backed by businesses including Eli Lilly and Co. faces a rougher road.
Still-abundant job listings, persistently low firings and steady hiring are the hallmarks of a gradually tightening labor market.
Licensees and retailers are preparing entire product lines, orders, shipping plans and marketing campaigns in advance. Four different sets of championship plans are being prepared—only one will ever see the light of day.
After record prices in 2012 sparked a boom in output, corn and soybeans in the Midwest now fetch less than the cost to produce them, and U.S. farm income is headed for a 14-year low.
Americans will eat an estimated 54.3 pounds of the red meat this year—the first increase since 2006 and almost a half-pound more per person than in 2015.
The U.S. economy grew in the fourth quarter at a faster pace than previously estimated, supported by stronger household spending.
Republic Airways Holdings Inc. won permission to use the bankruptcy process to return what it says are some of its less attractive airplanes and engines.
Aldi stores lack the massive size and selection of a Walmart, but their rapid proliferation and ability to offer even lower prices are putting pressure on the giant discounter.
Express Scripts Holding Co.’s incoming CEO is trying to keep its biggest customer after Anthem Inc. sued to recoup billions of dollars in what it called excess payments for drugs and threatened to end their relationship.
Chipotle Mexican Grill Inc., which has a dozen Indianapolis-area locations, saw sales fall for at least the third straight month in February.
Fresh Market, which operates five stores in Indiana, including three in the Indianapolis area, has been sold to buyout firm Apollo Global Management.
Tailored Brands Inc., which owns a dozen men’s clothing stores in the Indianapolis area, announced the cost-cutting plan after sales slid during the holidays.
A dozen funds that responded to requests for their returns for the first six months of fiscal 2016 showed an average loss of 3.8 percent. Indiana University’s loss was even larger.
Dow Chemical Co. said low commodity prices and currency fluctuations will continue to hurt sales to farmers this year, echoing the outlooks of Monsanto Co. and DuPont Co.