Business

Business
6:00 am
Fri February 6, 2015

Insurance Department Meets With Anthem Officials About Data Breach

The Indianapolis-based insurer says social security numbers may have been compromised, but not credit card data.
Credit Matthew Hurst / https://www.flickr.com/photos/skewgee/2463077387

The Indiana Department of Insurance says health insurance giant Anthem is doing everything it can to mitigate the effects of a recent data breach.

Anthem announced late Wednesday night it had been the target of a cyber attack that left client and employee information at risk. 

Though the insurer says no medical information or credit card data had been stolen, hackers did gain access to personal information including names, birth dates, addresses, and social security numbers. 

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Business
6:11 am
Wed February 4, 2015

Manufacturers President Blasts Obama Rules Proposals In Purdue Speech

Jay Timmons lauded manufacturers like GE (pictured), but said the president is holding up the nation's manufacturing economy.
Credit courtesy GE

In a speech that was touted as one which would show Purdue as a leader in the country’s new manufacturing economy, the President of the National Association of Manufacturers Tuesday focused instead on blasting the Obama Administration.

In a speech kicking off a nationwide tour, Jay Timmons spent a single paragraph on technology such as "3-D printing, nanoscale chemistry" and new medicines, but spent several minutes explaining why he feels the White House is working at cross-purposes with business interests.

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Business
3:11 pm
Fri January 30, 2015

Indiana Could Ban Microbeads By 2019

A Minnesota first-grader drew this for the National Oceanic and Atmospheric Administration to illustrate the dangers of microbeads to wildlife.
Credit NOAA / https://www.flickr.com/photos/noaamarinedebris/12822245515

A House committee has unanimously passed a bill that would make Indiana one of the first states in the nation to ban the use of tiny plastic particles known as microbeads in personal care products. 

Microbeads are found in a wide variety of beauty and personal products, including soaps, lotions and even toothpaste. 

The problem, say researchers, is that those microbeads are showing up in the water system. 

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Business
2:30 pm
Thu January 22, 2015

El Rodeo Owners Cop To Massively Under-reporting Sales Taxes

The owners copped to 12 counts of theft for not reporting more than $22 million in income.
Credit Paresh Gajria / https://www.flickr.com/photos/cflat/2909707701

3:30 p.m. Update:

Tippecanoe County Prosecutor Pat Harrington tells Network Indiana the investigation included a personal experience from a law enforcement officer who ate at one of the El Rodeo locations in Greater Lafayette.

"A detective from the West Lafayette Police Department at our local El Rodeo and he noticed that as he paid for his lunch, the cash drawer was never opened, no one rang up his sale and he was returned his cash back out of another drawer," Harrington says.

Earlier:

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Business
6:00 am
Sat January 17, 2015

Indiana Farmers Playing Ethanol Guessing Game Until Fuel Standard Updated

Farmers have gotten guidelines in the past, but the Renewable Fuel Standard has lapsed, leaving them unsure what they should do.
Credit Seth Anderson / https://www.flickr.com/photos/swanksalot/271337214

Indiana farmers and ethanol producers are in limbo as they wait for the Environmental Protection Agency to decide how much of the biofuel should be blended into the nation’s gasoline.

Indiana is one of the largest ethanol producers in the U.S. And every year, thanks to a law known as the Renewable Fuel Standard, the EPA decides on how much of that ethanol gets mixed with gasoline.

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