New Energy Corp. shut its ethanol plant in Indiana last week because of high corn prices and inventories amid lower fuel demand, the South Bend Tribune reported today, citing the company’s president.
College football’s new Hall of Fame is $19 million short of its $50 million funding goal, eight months before the facility’s scheduled groundbreaking in downtown Atlanta.
A federal appeals court in New Orleans set an expedited hearing date for arguments over whether to lift a moratorium on deep-water drilling. The hearing is scheduled for July 8.
New Energy Corp., the operator of an ethanol plant in South Bend, Indiana, filed for bankruptcy protection with plans to sell its assets.
Goldman Sachs Group Inc. , Citigroup Inc. and Morgan Stanley were sued by a Boston area-based fund seeking reimbursement for losses related to subprime loans, according to lawyers for the firm.
Bank of New York Mellon Corp., the world’s largest custody bank, may head to trial to defend against a lawsuit by Virginia claiming the state’s pension funds were defrauded in foreign-currency trades.
Television executive Marci Burdick is gripped by a drama that isn’t appearing on her company’s CBS affiliate in South Bend, Indiana: She’s watching battles in Washington that figure to reshape the broadcast industry.