Stories tagged with "area business news"

Indiana jobless rate rises to 9.8 percent by indystar

Indiana’s preliminary seasonally-adjusted unemployment rate showed little change in October, the Indiana Department of Workforce Development reported today. Indiana’s... – Nov 20, 2009 at 10:06 AM in Business

Sears posts 2nd consecutive quarterly loss by indystar

Sears Holdings Corp. said today it lost money for the second consecutive quarter as customers spent elsewhere even as the retailer offered a series of early holiday season... – Nov 19, 2009 at 7:04 AM in Business

Medical gear installer expands in Allen Co. by Tom Spalding

Maxim Medical Services Inc., a medical equipment installation and repair firm in Allen County, will expand its operations, meaning 51 new Indiana jobs for the company by 2012. The... – Nov 19, 2009 at 6:57 AM in Business

No jail time for Metropolis developer Christopher P. White, founder of Premier Properties USA by Tom Spalding

The owner of a defunct Indianapolis real estate development company, convicted by a jury in August of kiting a $500,000 check to meet payroll, will not go to jail but will pay a... – Nov 18, 2009 at 5:48 PM in Business

Indiana awarded $4M to help with 'green' training by indystar

Indiana has been awarded a $4 million chunk of what the U.S. Labor Department today said was a total of $55 million in “green jobs” grants. The grants were designed to... – Nov 18, 2009 at 3:04 PM in Business

Report: Norway electric carmaker to build in Indiana by indystar

Norwegian electric car maker Think Global is gearing up to launch its vehicles in the United States and has picked a site in Indiana for its U.S. manufacturing facility, according... – Nov 18, 2009 at 8:31 AM in Business

Simon reportedly mulls General Growth bid by indystar

Indianapolis-based Simon Property Group Inc. has hired a financial adviser and a law firm to help the company come up with a plan for a possible offer for all or some of General... – Nov 18, 2009 at 7:35 AM in Business

Price changes for Indianapolis Starbucks customers by Tom Spalding

Starbucks-swillers in Indianapolis today got a special treat — the first price drop ever for its smallest beverages. The cost of a “tall” 12-ounce java was... – Nov 17, 2009 at 2:55 PM in Business

Indiana self-publisher to partner with Harlequin by indystar

A match made in book publishing involves the affairs of a Bloomington, Ind.-based business. Toronto-based Harlequin Enterprises Limited, known for its romance books designed for... – Nov 17, 2009 at 10:02 AM in Business

Elkhart towable RV maker to hire 400 by 2010 by Tom Spalding

ELKHART — Heartland Recreational Vehicles, which manufactures a line of towable recreational vehicles, today said it has begun the first phase of an “aggressive”... – Nov 17, 2009 at 7:43 AM in Business

Home Depot 3Q earnings fall 8.9 percent by indystar

Home Depot Inc.‘s third-quarter earnings fell 8.9 percent as the housing and renovation markets remained weak, the nation’s largest home improvement retailer said... – Nov 17, 2009 at 7:17 AM in Business

With $12M gift, Eli Lilly stays No. 1 United Way donor by Tom Spalding

Eli Lilly and Co. is poised to retain its title as the No. 1 donor to United Way of Central Indiana as executives with the Indianapolis drugmaker today pledged $12 million to the... – Nov 16, 2009 at 11:14 AM in Business

American Lifts to close in Greensburg after sale by Tom Spalding

Two weeks after the sale of American Lifts — a 75-year-old Greensburg company that specializes in product handling hoists — by its parent company, the facility is... – Nov 16, 2009 at 7:59 AM in Business

Lucas Oil Stadium adds 24-hour hotline to report violations by Tom Spalding

Top executives of a Stamford, Conn.-based food contractor will have inspectors at Sunday night’s Indianapolis Colts-New England Patriots game. The Indianapolis Capital... – Nov 13, 2009 at 1:52 PM in Communities

Indianapolis tourism grows despite budget cuts by Tom Spalding

Despite a 32 percent decrease in money spent on advertising, Indianapolis leaders report tourism rose during the summer, although visitors here spent less. The return on... – Nov 12, 2009 at 9:15 AM in Business

Indianapolis' Fortune Industries turns profit for fifth consecutive quarter by Tom Spalding

Indianapolis-based Fortune Industries today said it turned a profit for the fifth consecutive quarter. The human resources consultant, which has small and medium-sized business... – Nov 12, 2009 at 7:16 AM in Business

Utah awarded $24M in Zyprexa settlement by indystar

SALT LAKE CITY — Utah has agreed to a $24 million settlement with Eli Lilly&Co. over claims the drugmaker engaged in off-label marketing of the anti-psychotic drug Zyprexa,... – Nov 11, 2009 at 3:28 PM in Business

Indiana State Bar Association picks 1st black leader by Tom Spalding

For the first time, an African-American lawyer will head the Indiana State Bar Association. Roderick Morgan, a partner with Bingham McHale in Indianapolis, was named president for... – Nov 11, 2009 at 10:30 AM in Business

Macy's posts smaller 3Q loss by indystar

Macy’s Inc. is reporting a smaller loss in its third quarter from a year ago as the department store operator benefits from tight inventory controls and a move to localize... – Nov 11, 2009 at 8:51 AM in

Cummins to raise some prices in 2010 by indystar

Cummins Power Generation Inc. said it will raise the price of its commercial power generator sets, which are used in factories and office buildings, starting Jan. 1, while freezing... – Nov 11, 2009 at 8:38 AM in Business