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The Indiana Daily Student

PepsiCo to cut 3,300 jobs as profit falls 10 percent

Wednesday, Oct. 15,2008 8:27 a.m.

NEW YORK – PepsiCo announced plans on Tuesday to cut 3,300 jobs and close six plants as it deals with lagging U.S. drinks sales and a surging dollar, which will hurt profits from its rapidly growing international business.

The Indiana Daily Student

Polls open with Canadian PM seeking majority

Wednesday, Oct. 15,2008 8:26 a.m.

OTTAWA – Canada’s Conservative prime minister appeared poised to retain his job as polls opened in Tuesday’s national election, but he faced a greater challenge in winning a parliamentary majority to bolster his power. Both polls and pundits predicted another minority government for Prime Minister Stephen Harper.

The Indiana Daily Student

World stocks soar on bank rescue plan

Wednesday, Oct. 15,2008 8:25 a.m.

LONDON – Stock markets in Europe and Asia rose strongly for a second straight day Tuesday after Wall Street rallied from its worst week ever on optimism about government attempts to shore up the world’s battered financial system. The FTSE 100 index of leading shares was up 200.68 points, or 4.7 percent, at 4,457.58, while Germany’s DAX was up 211.63, or 4.2 percent, at 5,274.08. The CAC-40 in France was 168.01 points, or 4.8 percent, stronger at 3,699.51.

The Indiana Daily Student

Long Thompson supporters gather

By Morgan Waters · Wednesday, Oct. 15,2008 1:01 a.m.

Supporters lined the block near the Sample Gates anxiously awaiting Jill Long Thompson’s pre-debate rally to begin. As students and volunteers arrived, people began passing out signs and pamphlets.

The Indiana Daily Student

Gov. Daniels makes appearance at rally

By Nicole Palmer · Wednesday, Oct. 15,2008 1 a.m.

While firefighters served hamburgers and hot dogs, and supporters signed the “Mitch Daniels for Governor” RV One, the sea of green-and-white “My Man Mitch” T-shirts waited for Indiana’s current governor to make an appearance.

Libertarian candidate for governor Andy Horning answers a question from debate moderator Tom Cochrun during the final gubernatorial debate Tuesday night at IU Auditorium.

Libertarian Andy Horning appeals to undecided voters

By Ben Phelps · Wednesday, Oct. 15,2008 1 a.m.

IU students’ opinions on Tuesday night’s gubernatorial debate at the IU Auditorium are as different as the candidates they support. But students interviewed could agree Libertarian Andrew Horning – who in the past has complained about a lack of equal coverage – left his mark on the audience.

Moderator Tom Cochrun, and gubernatorial candidates Andy Horning, Mitch Daniels and Jill Long Thompson talk Tuesday evening at the IU Auditorium.

Campaign descends on IU

By Lauren Clason · Wednesday, Oct. 15,2008 12:57 a.m.

In Tuesday night’s final gubernatorial debate at the IU Auditorium, candidates sparred over the Indiana government’s ties to Fannie Mae and Freddie Mac, the two enormous mortgage-lending companies that the government recently rescued.Democratic candidate Jill Long Thompson accused Gov. Mitch Daniels of making risky investments with government money.“Well as you know, junk bonds are considered high-risk investments, and you know that Freddie Mac and Fannie Mae have had a bailout by the federal government,” Long Thompson said. “I think it’s also important to know that there’s no investment policy for those dollars.”But Daniels defended his actions, saying there are guidelines to government investments.PODCAST: Hoosier Headlines

IU President Michael McRobbie speaks Tuesday during the State of the University speech at IU-Purdue University Indianapolis.

McRobbie says credit crisis will not halt plans

By Nick Cusack · Wednesday, Oct. 15,2008 12:57 a.m.

INDIANAPOLIS – IU President Michael McRobbie delivered his first State of the University address at IU-Purdue University Indianapolis about his goals and initiatives, commending progress made and adding to his already ambitious plans – even in the face of a credit crisis.Video: McRobbie's Address

The Indiana Daily Student

Lewis listed as questionable for Saturday’s matchup with Illinois

By Ryan Gregg · Wednesday, Oct. 15,2008 12:54 a.m.

More than 55 percent of the IU football team’s offensive production was in a protective boot Tuesday. IU coach Bill Lynch said junior quarterback Kellen Lewis sustained a high ankle sprain during last Saturday’s 45-9 loss to Iowa, the team’s fourth consecutive loss, and is listed as questionable for this weekend’s contest at Illinois.Audio: Lynch's press conference

The Indiana Daily Student

Political baseball

By Thomas Wachtel · Tuesday, Oct. 14,2008 11:57 p.m.

I’m a baseball fan, so please allow me the liberty to make an analogy between the current state of the presidential election and a historic moment in baseball. This week, John McCain said at a rally in Virginia Beach that he has Barack Obama and Joe Biden “just where we want them.” First of all, if this was McCain’s plan all along, then I’d like to suggest a safer strategy that I like to call “actually trying to win.” It seems a little dangerous to spot your opponent a 10-point lead in the polls before making a move, but I suppose McCain was just trying to make it a fair fight.

The Indiana Daily Student

New company to bring jobs

By Amanda Bridgman · Tuesday, Oct. 14,2008 11:17 p.m.

More than 75 new jobs and $8.5 million in help for household incomes will come to Bloomington by 2010, Gov. Mitch Daniels and health officials from Predictive Physiology and Medicine announced Tuesday.

The Indiana Daily Student

Former Hoosier arrested

By Ben Phelps · Tuesday, Oct. 14,2008 11:16 p.m.

Former IU men’s basketball standout Robert Vaden was arrested Saturday morning on suspicion of public intoxication, said Bloomington Police Department Sgt. Jeff Canada, reading from a police report.

The Indiana Daily Student

The fans need a new AD to lift their spirits

By Chris Engel · Tuesday, Oct. 14,2008 11:08 p.m.

The IU Athletics Department has had a rough past 12 months. Real rough.Things were much better for the IU faithful just a year ago on the week of Hoosier Hysteria. Former men’s basketball coach Kelvin Sampson and the Hoosiers had high expectations heading into the season. Some even thought the duo of Eric Gordon and D.J. White could lead the team to the Final Four.

The Indiana Daily Student

Hoosiers miss Middleton

By Dave Leno · Tuesday, Oct. 14,2008 11:04 p.m.

It was all beginning to unfold – the Iowa game, the season, everything. One blow and the Hoosiers’ defense is down, lying flat on the canvas. In more cases than one, it’s unable to gain consciousness before the 60 minutes expire. Saying IU has trouble recovering from its opponent’s punches is an understatement. Whether it’s a run up the gut or a play-action pass, the Cream and Crimson’s corner is often on the losing side. We saw it especially against Ball State, Michigan State and Iowa.

IU football coach Bill Lynch speaks during his weekly press conference on Tuesday at Memorial Stadium. Lynch's 2-4 Hoosiers will take on Illinois on Saturday night in Champaign, Ill.

Lynch’s success last year still in some fans’ minds

By Lee Hurwitz · Tuesday, Oct. 14,2008 11:03 p.m.

It was barely into the third quarter during Saturday’s game against Iowa when the “boos” started coming down. Eventually losing 45-9, the IU football team felt its fans show their displeasure simply by leaving, making the student section as empty as the North End Zone Project. For IU student junior Rich Lesser, the 2008 football season has shown the Hoosiers are once again comfortable at the bottom of the Big Ten. “It’s what I expected,” Lesser said. “I didn’t think we’d be as good as last year, but I thought we may have a chance to be as good as last year. As of now, it doesn’t look too good.” With a lack of support in the student section throughout their current four game losing streak, IU coach Bill Lynch urged the fan base during his weekly press conference Tuesday to continue to give the Hoosiers support regardless of the team’s 2-4 record.

The Indiana Daily Student

McCain, Obama face off tonight

By Kristi Oloffson · Tuesday, Oct. 14,2008 10:39 p.m.

For the third and final time, Democratic nominee Barack Obama and Republican nominee John McCain will face off tonight. But this time it might take some convincing for the candidates to gain the interest of IU students.

The Indiana Daily Student

Daniels to promote INShape Indiana

By Stephanie Kuzydym · Tuesday, Oct. 14,2008 10:33 p.m.

Gov. Mitch Daniels will visit IU today to convene his annual summit. The purpose of this year’s summit is to provide awareness on the health of the children of Indiana. The 2008 Indiana Health Summit, part of INShape Indiana, will take place from 9 a.m. to 4 p.m. in the Indiana Memorial Union.

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