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Top News & Analysis Indiana

  • LAFAYETTE, Ind.— Production is slowly growing at GE Aviation's jet engine factory in western Indiana, though much of the $110 million plant is quiet two years after it opened. The Lafayette plant has 87 employees and produces about six engines a week for passenger airliners, the Indianapolis Business Journal reported. The company has gone to local schools— such as...

  • INDIANAPOLIS _ Hurco Cos. on Friday reported fiscal third-quarter earnings of $3.9 million. On a per-share basis, the Indianapolis- based company said it had profit of 58 cents. Hurco shares have increased slightly more than 2 percent since the beginning of the year.

  • The Indianapolis company said Thursday it will cut about 3,500 positions, mostly through a voluntary retirement program in the United States. Lilly will close research and development sites in Bridgewater, New Jersey, and Shanghai. Eli Lilly and Co. has seen sales slump for top sellers like the insulin Humalog, and it has weathered in recent years the loss of...

  • Toll is part of an army of more than 1,000 tow truck pilots contracted by Insurance Auto Auctions Inc, a unit of Carmel, Indiana- based KAR Auction Services Inc. Their job is to extricate vehicles swamped by Hurricane Harvey so insurance companies can begin the claims process. IAA set in motion a massive logistical operation in Houston before Harvey hit last...

  • Toll is part of an army of more than 1,000 tow truck pilots contracted by Insurance Auto Auctions Inc, a unit of Carmel, Indiana- based KAR Auction Services Inc. Their job is to extricate vehicles swamped by Hurricane Harvey so insurance companies can begin the claims process. IAA set in motion a massive logistical operation in Houston before Harvey hit last...

  • *U.S. job growth slows in August; wage growth retreats. NEW YORK, Sept 1- Wall Street stocks finished modestly higher on Friday after data showed U.S. job growth slowed more than expected in August, which could make the Federal Reserve cautious about raising interest rates again this year. Headline jobs growth slowed after two straight months of strong gains, while...

  • *Energy, materials lead, utilities lag. NEW YORK, Sept 1- Wall Street gained modestly on Friday as a tepid U.S. jobs report kept expectations muted for another interest rate hike this year, while investors kicked off a typically dour month for stocks on a positive note. The latest economic data that came out today... didnt provide information to the Fed that they need to...

  • WASHINGTON, Aug 28- U.S. lawmakers are expected to pass a large aid package for victims of Hurricane Harvey, but specifics of the plan and its price tag are unclear as Congress awaits a funding request from the Trump administration. Historic flooding from Harvey, which came ashore in Texas last week as a powerful Category 4 hurricane and is now a tropical storm, has...

  • DETROIT, Aug 28- CSX Corp said it is dealing with service issues even as it forges ahead with a controversial overhaul of its network that has led dozens of trade groups to call for an investigation into disruptions at the No. 3 U.S. railroad. In a letter released by the regulator on Monday, CSX CEO Hunter Harrison laid out the tenets of his "precision scheduled...

  • WASHINGTON, Aug 28- U.S. lawmakers are expected to pass a large aid package for victims of Hurricane Harvey, but specifics of the plan and its price tag are unclear as Congress awaits a funding request from the Trump administration. Rain continued to pound Houston and the Gulf Coast on Monday as President Donald Trump said he expected rapid funding from Congress...

  • Cambridge, Massachusetts- based Seres Therapeutics Inc and Roseville, Minnesota- based Rebiotix Inc have begun late-stage trials of their respective treatments, with the latter company aiming to launch a product by the middle of 2019.. First documented centuries ago in China, the concept of replenishing a patient's gut with bacteria from a healthy stool has...

  • CARNIVAL CORP SAYS THIRD REMANING SHIP IN REGION WILL EXTEND STAY IN MEXICO BEFORE RETURNING TO GALVESTON.

  • NEW YORK, Aug 24- Official interest in privatizing water utilities in cash-strapped U.S. cities is extremely high, Aqua America Inc's CEO Christopher Franklin told Reuters in an interview on Thursday. In his 24 years with the company, Franklin said he has "never before" seen such a high level of interest among mayors and public officials in selling off their...

  • "People looked at the USDA report and were surprised that the corn yield was not lower and shocked the soybean yield went up," said Don Roose, president of U.S. Commodities in West Des Moines, Iowa. Corn yields in South Dakota, Illinois and western Iowa were mostly below average while Nebraska, Ohio and Indiana were calculated as better than usual.

  • WASHINGTON, Aug 24- When an Indiana medical examiner ruled a Taser contributed to a jailhouse death, the company struck back suing the examiner. And when an Ohio medical examiner attributed deaths partly to its stun guns, she, too, found herself in court. Tasers lawsuits had a chilling effect, said William Oliver, an assistant medical examiner in Knox County,...

  • CHICAGO, Aug 23- U.S. corn futures sank to their lowest levels of the year on Wednesday on fund-driven technical selling and plentiful global grain supplies, analysts said. "In a market this weak, contract lows are a target," said Don Roose, president of U.S. Commodities, adding that hefty global inventories of corn and wheat continue to hang over the market.

  • SYDNEY/ PARIS, Aug 23- U.S. soybeans rose on Wednesday to a near two-week high as reports of lower-than-expected yields during a widely followed U.S. crop tour stoked fears that production would fail to match official estimates. Most active soybean futures on the Chicago Board of Trade climbed 0.8 percent to $9.44-3/ 4 a bushel by 1135 GMT, near the session high of...

  • SYDNEY, Aug 23- U.S. soybeans rose on Wednesday to a two-week high as reports of lower-than-expected yields during a widely followed U.S. crop tour stoked fears that production would fall to match official estimates. The most active soybean futures on the Chicago Board of Trade had climbed 0.7 percent to $9.43-3/ 4 a bushel by 0304 GMT, near the session high of $9.47...

  • SYDNEY, Aug 23- U.S. soybean prices rose on Wednesday, drawing support from the findings of a widely-watched U.S. crop tour that stoked fears production would fail to meet official estimates. *The most active soybean futures on the Chicago Board of Trade had climbed 0.6 percent to $9.43 a bushel by 0107 GMT, after closing up 0.1 percent on Tuesday.

  • CHICAGO, Aug 22- U.S. wheat futures sank. Chicago Board of Trade corn futures weakened slightly. Traders were tracking the annual Farm Journal Midwest Crop Tour, which found below-average corn yield potential in Indiana and above-average in Nebraska while soybean pod counts were average to below-average in the states.