Top News & Analysis Indiana

  • Midwest, causing at least five roadway deaths, stranding some motorists in Missouri and canceling dozens of flights, marched east toward Washington on Saturday. The storm hit Kansas and Missouri on Friday and pummeled those states again on Saturday as it extended into parts of Iowa, Illinois, Indiana and Ohio, said U.S. In Kansas City, snow dusted the field at...

  • Midwest, causing several roadway deaths, stranding some motorists in Missouri and cancelling dozens of flights, marched east toward Washington on Saturday. The storm hit Kansas and Missouri on Friday and pummeled those states again on Saturday as it extended into parts of Iowa, Illinois, Indiana and Ohio, said U.S. In Kansas City, seats at Arrowhead Stadium were...

  • Midwest, stranding some motorists in Missouri and cancelling dozens of flights, marched east toward Washington on Saturday. The storm hit Kansas and Missouri on Friday and continued pummeling those states on Saturday, as it extended into parts of Iowa, Illinois, Indiana and Ohio, said U.S. More than 1,200 motorists in Missouri were stranded and there were four...

  • Jan 11- Eli Lilly and Co remains in the hunt for cancer drugs even after announcing an $8 billion purchase of Loxo Oncology this week, but it plans to remain on the sidelines when it comes to two of the hottest areas of drug development. Lilly Chief Executive Dave Ricks told Reuters that as the company looks for deals to enhance its pipeline of future treatments it...

  • NEW YORK, Jan 8- Investors are growing more fearful that U.S. companies' profits could shrink this year following Apple's warning of soft demand in China, coupled with mounting evidence of a drag from tariffs, a global slowdown and fading tailwinds from tax cuts. For 2019, analysts now see profits growing by 6.8 percent, down sharply from an Oct. 1 estimate of 10.2...

  • DETROIT, Jan 3- The United Auto Workers said on Thursday it was suing General Motors Co over labor contract violations stemming from its alleged use of temporary workers at an Indiana assembly plant, escalating the union's fight against GM's plans to possibly close U.S. factories. The lawsuit, filed on Wednesday in U.S. District Court in Ohio, was the union's first...

  • DETROIT, Jan 3- The United Auto Workers union sued General Motors Co in federal court on Thursday, claiming the automaker's use of temporary workers at a plant in Indiana violates its labor deal and escalating a fight over GM's plans to possibly close U.S. factories. The lawsuit, filed in U.S. District Court in Ohio, was the union's first counter-move to GM's...

  • DETROIT, Jan 3- The United Auto Workers union sued General Motors Co in federal court on Thursday, claiming the automaker's use of temporary workers at a plant in Indiana violates its labor deal while escalating a fight over GM's plans to possibly close U.S. factories. The lawsuit, filed in U.S. District Court in Ohio, was the union's first counter-move to GM's...

  • DETROIT, Jan 3- The United Auto Workers union sued General Motors Co in federal court on Thursday, claiming the automaker's use of temporary workers at a plant in Indiana violates its labor deal. The union said there are about 1,000 laid-off hourly employees that have the right to transfer to plants with openings. GM is employing temporary workers at its Fort...

  • TINKER AIR FORCE BASE, Oklahoma, Dec 21- Here, near the heart of Americas Tornado Alley, an Air Force contractor built 398 new homes less than a decade ago, bankrolled as part of the U.S. governments vow of safe shelter for the men and women who serve. Today the collection of cookie-cutter duplexes is showing declines more typical of aged and neglected housing.

  • WASHINGTON, Dec 19- U.S. home sales unexpectedly rose in November, but recorded their biggest annual decline in 7-1/ 2 years as the housing market remained mired in weakness amid higher mortgage rates which have made home purchases more expensive. "The trend in housing is clearly slowing as affordability takes a bite," said Jennifer Lee, a senior economist at BMO...

  • WASHINGTON, Dec 19- U.S. home sales unexpectedly rose in November, but recorded their biggest annual decline in 7-1/ 2 years as the housing market remained mired in weakness. "The trend in housing is clearly slowing as affordability takes a bite," said Jennifer Lee, a senior economist at BMO Capital Markets in Toronto. The National Association of Realtors said...

  • The company forecast 2019 adjusted profit of $5.90 to $6 per share, compared with average analysts' estimates of $5.82 per share, according to IBES data from Refinitv. Lilly said revenue was expected to be between $25.3 billion and $25.8 billion for the coming year, also above analysts' expectations of $24.43 billion. The Indianapolis- based company also...

  • WASHINGTON, Dec 14- General Motors Co on Friday said it is beginning to send formal notices to U.S. government agencies of its plan to close auto plants and cut thousands of jobs as it shrinks passenger car production in North America. GM said it currently has 2,700 current open positions at seven plants in Indiana, Ohio, Kentucky, Michigan, Tennessee and Texas.

  • *Flattening U.S. yield curve sparks economy worries. Dec 4- Wall Street tumbled more than 3 percent on Tuesday, led lower by bank and industrial shares, as the U.S. bond market sent unsettling signs about economic growth and investors worried anew about global trade. A prominent Federal Reserve official's comments about the path of interest rate hikes added to the...

  • Citing sources familiar with the matter, Bloomberg reported https://www.bloomberg.com/news/articles/2018-12-03/apple-is-said-to-miss-rapid-5 g- t a k e o f f- s i t t i n g- o u t- t e c h- s h i f t on Monday that Apple would wait until at least 2020 to release its first 5 G iPhones. U.S. wireless carrier Sprint Corp is also working with LG Electronics USA to launch a 5 G...

  • CHICAGO, Nov 29- U.S. soybean futures eased on Thursday as traders booked profits after prices hit a near two-week high in the previous session, ahead of trade talks between Washington and Beijing at the G20 meeting. Chicago Board of Trade January soybean futures settled down 3-1/ 4 cents at $8.87-1/ 4 per bushel, staying inside the previous day's trading range.

  • Tyson Timbs holds a photo of his vehicle seized after a drug arrest.

    The case could have substantial ramifications on a growing source of revenue for cities and states around the country. The fees, however, disproportionately fall on minority populations and poor people.

  • DETROIT/ WASHINGTON, Nov 26- General Motors Co will cut car production, stop building several slow-selling models, and slash its North American workforce, its biggest restructuring in North America since its bankruptcy a decade ago. GM plans to halt production next year at three assembly plants- Lordstown, Ohio, Hamtramck, Michigan, and Oshawa, Ontario.

  • DETROIT/ WASHINGTON, Nov 26- General Motors Co will cut car production, stop building several slow-selling models, and slash its North American workforce, sources said on Monday, marking its biggest restructuring in North America since its bankruptcy a decade ago. GM plans to halt production next year at three assembly plants- Lordstown, Ohio, Hamtramck, Michigan,...