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Top News & Analysis Indiana

  • MINNEAPOLIS— A federal grand jury in Minnesota indicted three people on charges that they conspired to export drone parts and technology from the U.S. to the Iranian-backed Hezbollah militia in Lebanon, authorities announced Friday. Attorney's office for Minnesota said two of the suspects— brothers Usama and Issam Hamade— are now in custody in South Africa,...

  • CHICAGO, Feb 16- U.S. agricultural merchants are scrambling to register themselves as cooperatives after a blunder in the country's new tax law gave farmers a tax break for selling grains to co-ops rather than private firms. Private crop handlers- which includes the "big four" merchants Archer Daniels Midland Co, Bunge Ltd, Cargill Inc and Louis Dreyfus- fear they...

  • CARMEL, Ind. _ Baldwin& Lyons Inc. on Thursday reported fourth-quarter net income of $16.5 million. The Carmel, Indiana- based company said it had profit of $1.10 per share. For the year, the company reported profit of $18.3 million, or $1.21 per share.

  • ELKHART, Ind. _ Patrick Industries Inc. on Thursday reported fourth-quarter net income of $29 million. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 73 cents per share. Three analysts surveyed by Zacks expected $415.6 million.

  • TD Bank- "America's most convenient bank". The skinny: African American and Latino borrowers are more likely to get turned down by TD Bank than by any other major mortgage lender. The response: TD Bank declined to discuss its lending.

  • INDIANAPOLIS _ Allison Transmission Holdings Inc. on Wednesday reported fourth-quarter earnings of $215 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share. Six analysts surveyed by Zacks expected $569 million.

  • President Donald Trump speaks as he meets with county sheriffs during a listening session in the Roosevelt Room of the White House on February 7, 2017 in Washington, DC.

    Refugee resettlement agencies are preparing to shutter more than 20 offices across the U.S. and cut back operations in more than 40 others.

  • CARMEL, Ind. _ CNO Financial Group Inc. on Tuesday reported a fourth-quarter loss of $70.9 million, after reporting a profit in the same period a year earlier. The Carmel, Indiana- based company said it had a loss of 42 cents per share. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

  • NEW YORK— MoviePass is trying to bring to movie theaters what Netflix did for DVDs and online streaming: Let subscribers watch as many movies as they want for $10 a month. In doing so, MoviePass has struck a chord with moviegoers and a nerve with the movie industry. Though MoviePass works at most theaters, it has key restrictions: It excludes pricier 3- D and Imax...

  • NOT REAL: Melania Trump hired exorcist to' cleanse White House of Obama demons'. THE FACTS: Stephanie Grisham, a spokeswoman for the first lady, said the multiple reports that Melania Trump had a ceremony to rid the White House of demons are "not true in any way." Trump said at her husband's presidential inauguration that she would not move in to the White House until the...

  • NEW YORK— MoviePass is trying to bring to movie theaters what Netflix did for DVDs and online streaming: Let subscribers watch as many movies as they want for $10 a month. In doing so, MoviePass has struck a chord with moviegoers and a nerve with the movie industry. Though MoviePass works at most theaters, it has key restrictions: It excludes pricier 3- D and Imax...

  • CARMEL, Ind. _ Merchants Bancorp on Thursday reported net income of $20.3 million in its fourth quarter. The Carmel, Indiana- based bank said it had earnings of 73 cents per share. Merchants Bancorp shares have increased almost 2 percent since the beginning of the year.

  • NASHVILLE, Tenn.— Eighteen states, the U.S. Chamber of Commerce, national coal industry interests and more than a dozen other groups are urging an appeals court to overturn a coal ash cleanup order at a federal utility's Tennessee plant, contending the decision will have wide-reaching, expensive consequences. In August, a judge ordered coal ash to be excavated and...

  • *Oil falls as US output soars, N Sea supply restarts. NEW YORK, Feb 8- Stocks in world markets remained on shaky ground on Thursday, with major U.S. stock indexes falling more than 1 percent, as U.S. bond yields crept back towards four-year highs. Yields climbed after the Bank of England said interest rates probably need to rise sooner, adding to expectations of reduced...

  • President Donald Trump shows samples of the proposed new tax form at the White House in Washington, DC, on November 2, 2017.

    More than 200 companies are giving bonuses to at least 3 million U.S. workers.

  • ELKHART, Ind. _ LCI Industries on Thursday reported fourth-quarter earnings of $17.5 million. The Elkhart, Indiana- based company said it had net income of 68 cents per share. For the year, the company reported profit of $132.9 million, or $5.24 per share.

  • NEW YORK— As the big fast food restaurants increasingly see vast potential in pushing convenience beyond the drive-thru, Taco Bell and KFC are expanding delivery nationwide in partnership with Grubhub. Yum Brands, which owns both restaurants, said Thursday that Grubhub will provide the delivery people and the technology to take online orders and make...

  • JASPER, Ind. _ Kimball Electronics Inc. on Wednesday reported a fiscal second-quarter loss of $8.3 million, after reporting a profit in the same period a year earlier. On a per-share basis, the Jasper, Indiana- based company said it had a loss of 31 cents. Kimball Electronics shares have fallen almost 4 percent since the beginning of the year.

  • EVANSVILLE, Ind. _ Berry Global Group Inc. on Wednesday reported fiscal first-quarter profit of $163 million. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 65 cents per share. Six analysts surveyed by Zacks expected $1.79 billion.

  • TERRE HAUTE, Ind. _ First Financial Corp. on Tuesday reported fourth-quarter earnings of $2.6 million. The holding company for First Financial Bank posted revenue of $37.7 million in the period. First Financial Corp. shares have fallen 4.5 percent since the beginning of the year.