Stories tagged with "credit markets"
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In a difficult economy, used cars get the call
Dealers offer transportation people need at the only price many can afford now Opening a used car lot near the wreck of a derelict shopping mall in the middle of a recession sounds...
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Clarian resumes construction on Fishers site
Indianapolis-based hospital system Clarian Health on Friday announced it has restarted construction work on its planned $190 million hospital in Fishers. Work was stopped in...
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Briefly Around the State + Nation
Lilly reports cancer progress Eli Lilly and Co. said it has developed a way to identify 25 proteins in tumors that will help match cancer patients with treatments. The Indianapolis...
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Sallie Mae posts profit as credit market improves
Student lender Sallie Mae posted a third-quarter profit that beat Wall Street expectations as credit markets improved and student loan activity increased. SLM Corp., which employs...
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Stocks rise as corporations deal
Abbott and Xerox acquisitions brighten investor outlook; Dow gains 124 points NEW YORK — A burst of corporate dealmaking is giving investors a shot of confidence about the...
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Credit is cheap, thanks to Feds
But tighter requirements mean fewer people can qualify to borrow cash NEW YORK — It’s a good time to borrow for a home, car or small business. A year after a global...
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Bond debt, tax caps deal city a 1-2 punch
Imagine having a $700 million sub-prime loan. Indianapolis didn’t have to imagine it. Thanks to a gambit more than five years ago to capitalize on low interest rates, the...
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Tribune finalizes sale of Cubs to Ricketts family
CHICAGO — Media conglomerate Tribune Co. announced a definitive agreement Friday to sell all but a 5 percent stake in the Chicago Cubs and Wrigley Field to the billionaire Ricketts...
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Big questions remain about Connersville plant, funding
How Carbon Motors will fund police-car plant remains a secret CONNERSVILLE, Ind. — Carbon Motors received a frenzied red-carpet welcome from thousands of cheering residents...
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Republic Airways could take over Frontier
Republic Airways Holdings said Monday that it is offering to buy Frontier Airlines for $108.8 million and take it out of bankruptcy. Republic said it expected a court-supervised...
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On the jobs front, hope amid the gloom
First-time benefits decline, but downturn trends are abundant WASHINGTON — The economy is sending a message of hope laced with caution: that the recession is easing steadily,...
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Obama makes quick Indy cameo for fundraisers
President spends under 30 minutes Downtown for fundraisers, one priced at $15,000 per couple President Barack Obama spent his afternoon amid controversy in South Bend, but in the...
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Bernanke: ’Tentative signs’ of improvement
WASHINGTON — Federal Reserve Chairman Ben Bernanke said today there’s been “tentative signs” that the recession may be easing. But he also warned that any hope for a lasting...
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Wholesale prices fall unexpectedly
WASHINGTON — Wholesale prices dropped sharply last month as the cost of food, gasoline and home heating oil plummeted, fresh evidence that inflation appears to pose little...
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Cubs chair: Sale unlikely before mid-May
CHICAGO — The Cubs are likely to remain under the ownership of Tribune Co. through the early part of the season. Cubs chairman Crane Kenney said today that it “will be a challenge”...
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Conseco CEO reassures company about prospects
Can’t blame this on Hilbert
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Senate OKs Obama’s economic bailout plan
WASHINGTON — President Barack Obama’s economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations. Just three Republicans helped pass the...
