Top News & Analysis Indiana

  • SINGAPORE, Sept 19- Oil prices rose in Asian trade on Monday after Venezuela said that OPEC and non- OPEC countries were close to reaching an output stabilizing deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. Venezuelan President Nicolas Maduro said on Sunday that a deal between OPEC and non- OPEC countries...

  • CARMEL, Ind.— For-profit college operator ITT Educational Services Inc. has filed for Chapter 7 bankruptcy. The Indianapolis Star reported Friday that the Carmel, Indiana- based company is unloading its assets after the shutdown of 130 campuses nationwide. Information from: The Indianapolis Star, http://www.indystar.com.

  • *Iran oil exports near pre-sanctions level- source. NEW YORK, Sept 16- Crude oil prices fell 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages. Brent crude futures settled down 82 cents, or 1.8 percent, at $45.77 a barrel, hitting a two-week bottom of $45.48.

  • *Iran oil exports near pre-sanctions level- source. NEW YORK, Sept 16- Crude oil prices fell by up to 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages. Brent crude futures settled down 82 cents, or 1.8 percent, at $45.77 a barrel, hitting a two-week bottom of...

  • NEW YORK, Sept 16- Gasoline futures have soared and prices at the pump in certain states have started to spike due to an ongoing partial shutdown of Colonial Pipeline, the vital artery bringing gasoline and other products to the U.S. East Coast. Specifically, traders and analysts say the six states most likely to be affected are Georgia, Virginia, South Carolina,...

  • *Iran oil exports near pre-sanctions level-source. NEW YORK, Sept 16- Crude oil prices fell by up to 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages. Brent crude futures slid 86 cents, or 1.9 percent, to $45.73 a barrel by 1:09 p.m. EDT.

  • CHICAGO, Sept 16- U.S. grain dealers will need to boost their cash market bids to buy corn and soybeans this fall as growers try to hold as much of their projected record harvests on farms as possible. "If you are a farmer and for a truckload of beans you get $8,000 and a truckload of corn you get $2,400, what are you going to sell first?" said Glenn Hollander, a Chicago- based...

  • *Iran oil exports close to pre-sanctions level- source. NEW YORK, Sept 16- Crude oil prices fell by up to 2 percent on Friday to multi-week lows as swelling Iranian exports reinforced fears of a global glut, while gasoline rallied on refinery and pipeline outages. Brent crude futures slid 74 cents, or 1.6 percent, to $45.85 a barrel by 12:39 p.m. EDT.

  • *Iran oil exports close to pre-sanctions level- source. Gasoline was the only bright spot on the petroleum complex, rising more than 2 percent on news of an extended outage at one of the main units of BP's refinery in Whiting and closure of Colonial Pipeline's main gasoline line. Brent crude futures were down 50 cents, or 1 percent, at $46.09 a barrel by 11:24 a.m. EDT.

  • ITT's move comes after it said last week it would shut its 137 technical college campuses in 39 states, where roughly 35,000 students are enrolled and 8,000 employees work, as a result of the U.S. Department of Education decision. ITT has hired restructuring consultants Alvarez& Marsal LLC and bankruptcy law firm Faegre Baker Daniels LLP to prepare for the...

  • Sept 14- Power plant operator American Electric Power said it would sell four of its power plants with a total capacity of about 5,200 MW for about $2.17 billion as it focuses on its regulated power business. American Electric said a joint venture of Blackstone Group LP and ArcLight Capital Partners LLC would buy the plants, three of which are in Ohio and one in...

  • Sept 14- Power plant operator American Electric Power said it would sell four of its power plants with a total capacity of about 5,200 MW for about $2.17 billion to a newly formed joint venture. The company said a joint venture of Blackstone Group LP and ArcLight Capital Partners LLC would buy the plants, three of which are in Ohio and one in Indiana.

  • The USDA, in issuing its latest monthly U.S. crop forecasts, also trimmed its corn production and yield projections from its August outlook. Even so, they were pegged near the high end of analysts' forecasts and USDA reiterated its expectation for a record harvest of the yellow grain. "USDA increased crush for next year and exports for next year, but you still ended up...

  • BRUSSELS, Sept 9- A deal that would allow Canada to sell maple syrup duty free in the EU and Europeans to ship more cheese to Canadian shops has become the focus of a battle with anti-globalisation groups that is key to the future of Europe's free trade agreements. Supporters of the huge deal say it would increase trade between the EU and Canada on a range of products,...

  • As the world's largest soybean consumer, China will use over 40 percent more soybeans than the world will have in storage next year. The United States just began its 2016-17 soybean marketing year, and China will have a big say in how much supply is left over at the close of next August. The increasing likelihood of a record-large soybean crop in the United States,...

  • *NYSE suspends trading in ITT shares. Sept 6- ITT Educational Services Inc said it would shut its flagship ITT Technical Institutes, following a U.S. Department of Education order, affecting thousands of students and employees. In August, the U.S. Department of Education banned the company from enrolling students who get federal aid.

  • Aug 30- A delegation of soybean buyers from China signed agreements on Tuesday to purchase 146 million bushels, or nearly 4 million tonnes, of U.S. soybeans at a signing ceremony in Indianapolis, according to the U.S. Soybean Export Council. Some of the purchase agreements between U.S. exporters and buyers from China, the world's top soybean importer, are believed...

  • MUNCIE, Indiana, Aug 30- One night a month, retired auto workers shuffle into a former elementary school classroom here to discuss their legal fight against the company that cancelled their health care benefits seven years ago. The group is a remnant of a once-powerful United Auto Workers union local, which at its peak in the 1960 s represented over 5,000 workers...

  • Diann Aldridge, center, the mother of Nykea Aldridge bows her head during a vigil for her daughter as her sister Jolinda Wade, right, leads a prayer on August 28, 2016 in Chicago, Illinois.

    Two brothers on parole for prior criminal activity have been charged in the shooting death of the cousin of NBA star Dwyane Wade.

  • ROCHESTER, Minn., Aug 26- Bumper corn and soybean crops are expected in the United States this fall but the harvests will likely fall short of records projected by the U.S. government, according to estimates released on Friday from farm advisory service Pro Farmer at the end of its annual Midwest crop tour. The tour sampled fields in South Dakota, Nebraska, Iowa,...