Indiana unemployment rate ticks up to 9.8 percent
The state’s jobless rate has been either 9.8 percent or 9.7 percent the past four months.
IBJ Staff and Associated Press
Articles
Formula One boss eyes New York for grand prix
Bernie Ecclestone appears to be interested in widening the racing series' reach in the U.S., with recent negotiations
to return to Indianapolis and now wishing aloud for a New York-based grand prix.
Approval of college-aid overhaul to shake Sallie Mae
The legislation, piggybacked to the health care bill that passed Congress Sunday night, could also mean major job
losses for Sallie Mae, which employs about 2,400 people in Indiana, including 1,700 in Fishers.
Trailer company buying closed northern Indiana factory
Executives of Novae Corp. announced plans for the company’s expansion in North Manchester, where it expects to employ perhaps
85 people by 2013.
Simon Property Group adds Glasscock to board
Former WellPoint Inc. leader Larry Glasscock has joined the board of directors of the Indianapolis-based real estate giant.
Indiana takes over third place in gambling revenue
Indiana’s reign at No. 3 may not last more than a year. It faces new competition from Ohio and possibly Kentucky.
Lilly victim of theft from Connecticut warehouse
Pharmaceuticals stolen Sunday morning could be worth up to $75 million.
Schrenker: ‘Data’ show he tried to fake own death
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
Former Indiana University AD Greenspan lands at Rice
Greenspan resigned from IU in 2008 amid NCAA allegations that his department failed to monitor former basketball coach Kelvin
Sampson.
Indiana University Foundation lays off 18 staffers
The cuts, both in Bloomington and Indianapolis, come as part of an effort to trim $2.4 million from the fund-raising group’s
$26 million operational budget.
Indiana closer to eliminating anti-smoking agency
The plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation
board to the State Department of Health.
Ex-Lilly medical director named state health commissioner
Dr. Gregory N. Larkin, the former global medical director at Eli Lilly and Co., will replace Dr. Judy Monroe, who is leaving
to become deputy director of the Centers for Disease Control and Prevention.
Cornelius to retire as Bristol-Myers Squibb CEO
The former Guidant Corp. CEO and long-time Eli Lilly exec said he and his family will be returning to Indianapolis.
Foes keep up 31-year fight over central Indiana landfill
A developer who has been trying for 31 years to build a central Indiana landfill says he’s ready to start construction after
receiving a state permit.
Simon offers $10 billion for General Growth
Deal to acquire competitor would be largest ever for Simon Property Group, already the nation’s largest mall operator.
UPDATE: Bayh will consider private sector, university post
Tired of partisan politics, Sen. Evan Bayh told a standing-room-only crowd at an Indianapolis news conference Monday afternoon
that he will
eschew reelection and wants to “serve society in another way.”
Fed up with Congress, Bayh will not run for third term
U.S. Sen. Evan Bayh has a news conference scheduled for 2 p.m. at IUPUI’s
University
Place Conference Center and Hotel, where he will announce that he won’t run for re-election. "I do not love
Congress," he said in a prepared statement.
Columbia City plant to close, nixing 135 workers
Fort Wayne Foundry Corp. will shutter the auto parts factory for the second time in a year, as its jobs head to Mexico, according
to a union official.
Governors ask Congress to go easy on Toyota
Indiana Gov. Mitch Daniels and three other governors of states with Toyota plants are calling on Congress to be fair to the
automaker in hearings concerning safety recalls.
PNC to pay back bailout money, sell division
PNC, which operates dozens of bank branches in the Indianapolis area under the National City name, is selling its global investment servicing business to Bank of New York Mellon Corp. for $2.3 billion.