Articles

Judge OKs sale of Indiana’s oldest ethanol plant

A joint venture bought the New Energy Corp. plant at auction last week for $2.5 million. New Energy had hoped the auction would cover the company’s $54 million in debt. A large portion of that debt is owed to the U.S. Department of Energy, which guaranteed the original loans.

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Pence supports large expansion of voucher program

Pence policy director Marilee Springer told members of the House education committee Tuesday that the governor supports a sweeping package of education changes that would end a one-year waiting period to obtain the scholarships.

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FBI agent references Brizzi in Bales trial testimony

Federal prosecutors rested their fraud case against John M. Bales and partner William E. Spencer on Monday after a full day of testimony from FBI Special Agent Brian Percival that included several references to former Marion County Prosecutor Carl Brizzi.

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State halts backing for foreign-owned fertilizer plant

Indiana officials are withholding state backing for a Posey County fertilizer plant over concerns whether its Pakistan-based owners are doing enough at its overseas operations to keep the potentially explosive material from being used against U.S. troops.

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Renamed Carmel financing firm planning big growth

Dealer Services Corp. in Carmel has begun operating as NextGear Capital after being acquired by Atlanta-based Manheim Inc. NextGear plans to relocate in the next month and double its employment, to 450, in the next year.

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Defense attorneys turn tough in Bales trial

The legal team representing real estate broker John M. Bales and partner William E. Spencer haven't called their first witness and already they're putting up a spirited fight as federal prosecutors seek to prove 13 charges including bank, mail and wire fraud.

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