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Top News & Analysis Indiana

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  • Eli Lilly tops Street 2Q forecasts, raises outlook Thursday, 23 Jul 2015 | 6:36 AM ET

    NEW YORK— Eli Lilly and Co. on Thursday reported better-than-expected second-quarter profit on a boost from its recently acquired animal health unit and raised its outlook. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. Six analysts surveyed by Zacks expected $4.84 billion in revenue.

  • SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first public...

  • WASHINGTON— Surrounded by supporters as he announced his bid for the presidency, Jeb Bush decried the "swarms of lobbyists" holding sway in Washington and said he was the candidate ready to do something about it. "Look, the rest of the country struggles under big government, while comfortable, complacent interest groups in Washington have been thriving on it."

  • MainSource posts 2Q profit Wednesday, 22 Jul 2015 | 5:18 PM ET

    GREENSBURG, Ind. _ MainSource Financial Group Inc. on Wednesday reported second-quarter profit of $9.7 million. The bank, based in Greensburg, Indiana, said it had earnings of 44 cents per share. Keywords: MainSource Financial, Earnings Report.

  • UPDATE 1-U.S. states tell phone companies: Stop robocalls Wednesday, 22 Jul 2015 | 4:27 PM ET

    In a letter to the chief executives of AT&T Inc, CenturyLink Inc, Sprint Corp, T-Mobile USA Inc and Verizon Communications Inc, the attorneys general said a June 18 ruling by the Federal Communications Commission made clear there are no legal barriers to offering the technology. The FCC gave what it called a "green light" for phone companies to offer "do not disturb"...

  • U.S. states tell phone companies: Stop robocalls Wednesday, 22 Jul 2015 | 2:21 PM ET

    In a letter to the chief executives of AT&T Inc, CenturyLink Inc, Sprint Corp, T-Mobile USA Inc and Verizon Communications Inc, the attorneys general said a June 18 ruling by the Federal Communications Commission made clear there are no legal barriers to offering the technology. The FCC gave what it called a "green light" for phone companies to offer "do not disturb"...

  • Higher minimum-wage proposals gain ground on both coasts Wednesday, 22 Jul 2015 | 12:33 PM ET

    SAN FRANCISCO— The push for a higher minimum wage gained momentum on both sides of the country Wednesday, with New York embracing an eventual $15 an hour for the state's 200,000 fast-food workers and the huge University of California system announcing the same raise for its employees. The 240,000- student University of California becomes the nation's first...

  • INDIANAPOLIS— Pittsburgh- based grocer Giant Eagle has dropped its plans to raze a historic Indianapolis church and build a gas station and convenience store on the site. Cumberland was once a rest stop along the National Road— now U.S. 40— but the town has lost many of its century-old homes and businesses in recent decades to development. Town Manager Andrew...

  • Angie's List reports 2Q loss Wednesday, 22 Jul 2015 | 7:09 AM ET

    INDIANAPOLIS _ Angie's List Inc. on Wednesday reported a loss of $8.3 million in its second quarter. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 13 cents per share. Angie's List shares have dropped nearly 3 percent since the beginning of the year.

  • GRAINS-Weaker dollar helps U.S. grains recover losses Tuesday, 21 Jul 2015 | 8:18 AM ET

    *Corn up after hitting 3- week low on improving U.S. weather. Chicago Board of Trade September wheat was unchanged at $5.32-3/ 4 a bushel by 1157 GMT, after falling to $5.30, its lowest since June 25. Corn rose 0.2 percent to $4.05-3/ 4 a bushel after hitting its weakest since June 30, while soybeans added 0.55 percent to $10.13-1/ 4 a bushel.

  • *Corn drops to 3- week low as U.S. weather improves. Corn slid to a three-week low as investors continued to reduce weather risk premium in the market on prospects of bumper U.S. yields following warmer weather across the Midwest. Corn gave up 0.2 percent to $4.04-1/ 4 a bushel, weakest since June 30, while soybeans added 0.2 percent to $10.09-1/ 4 a bushel.

  • GRAINS-Corn falls for third session, near 3-week low Monday, 20 Jul 2015 | 9:05 PM ET

    SYDNEY, July 21- U.S. corn fell for a third consecutive session on Tuesday to hover close to a three-week low as forecasts for favorable weather boosted yield prospects. *Chicago Board of Trade December corn lost 0.12 percent to $4.15-1/ 2 a bushel, having slumped 3.5 percent in the previous session when prices hit a three-week low of $4.15-1/ 4 a bushel.

  • EX-FIFA OFFICIAL JEFFREY WEBB IS IN THE UNITED STATES, U.S.

  • *USDA cuts old-crop U.S. stocks more than expected. The USDA, in a monthly report, also said it was keeping its U.S. corn and soy yield forecasts unchanged from June, surprising analysts who had expected lower estimates due to the wet weather. Many predicted the USDA would need to cut the estimates next month to reflect damage in the fields.

  • More than a dozen AGs, including those in New York, California, Indiana and Ohio, are using new state and local laws- some of which they helped craft- to put pressure on the industry at all levels, from neighborhood vape shops to big tobacco companies like Altria Group and Reynolds American Inc.. "The key is to avoid another generation being addicted to nicotine,"...

  • July 9- A U.S. regulator on Thursday fined Forest River Inc, the recreational vehicle unit of Warren Buffett's Berkshire Hathaway Inc, $5 million for waiting too long to conduct two recalls of camper trailers whose safety defects left them at risk of fire. The National Highway Traffic Safety Administration said Forest River admitted to violating federal...

  • Subway spokesman Jared Fogle's house raided Tuesday, 7 Jul 2015 | 8:57 AM ET
    Jared Fogle

    Federal authorities raided the home of Subway spokesman Jared Fogle Tuesday morning as part of a child porn investigation. Aerial footage by NBC affiliate WTHR.

  • CHICAGO, July 6- U.S. corn and soybean futures dropped on Monday as lighter-than-expected U.S. rainfall eased fears about soggy Midwest crops while worries over Greece and China led investors to shun many commodity markets. Corn prices pulled back from 2015 highs notched last week after heavy Midwest rains raised crop concerns and following a...

  • *GPS, IT systems lifting yields, shedding jobs. VILJOENSKROON, South Africa, July 6- South African farmer Cobus van Coller scans the flashing computer screen in the cab of his harvester. As a result of these two new methods, which are revolutionising agriculture globally, South Africa is growing more food with less manpower-- a trend with profound social and...

  • *Corn hits 2015 highs as Informa trims crop forecast. *Wheat, soybeans end mixed ahead of U.S. holiday weekend. "The latest forecasts shifted the rain to the wettest areas of Indiana, Illinois and Ohio and that is putting some premium back into the market for corn and soybeans," said Brian Hoops, president of Midwest Market Solutions.