AP News

Sallie Mae, Justice Department in $60M settlement

May 13, 2014
Associated Press
Student lender Sallie Mae has reached a $60 million settlement with the Justice Department to resolve allegations that it charged members of the military excessive interest rates on their student loans, the federal government announced Tuesday.
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Chrysler hires 204 workers for new plant

May 13, 2014
Associated Press
At full capacity, the Tipton plant will be able to ship about 800,000 transmissions annually to assembly plants in Toledo, Ohio, and Sterling Heights, Mich., as well as Italy, Turkey, Brazil and China.
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Indiana: Feds delayed No Child Left Behind report

May 13, 2014
Associated Press
Indiana Department of Education officials said Tuesday that they expected to hear about concerns with the state's No Child Left Behind waiver last fall, but federal monitors delayed releasing the report until last month without explanation.
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Personalized license plates on hold after ruling

May 13, 2014
Associated Press
Thousands of Indiana residents who want to personalize their license plates must wait while officials decide whether to appeal a judge's ruling that the Bureau of Motor Vehicles arbitrarily granted or withheld permission for such tags.
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IBM, NiSource reach $600 million agreement

May 13, 2014
Associated Press
The seven-year agreement includes the creation and management of a hybrid cloud-computing system that would enable NiSource to continue to deliver services to its customers.
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Pence names regulator Atterholt chief of staff

May 13, 2014
Associated Press
Indiana Gov. Mike Pence has named former lawmaker and current Indiana Regulatory Commission Chairman Jim Atterholt to succeed Bill Smith, a longtime Pence aide.
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U.S. retail sales show scant April increase

May 13, 2014
Associated Press
The Commerce Department said Tuesday that seasonally adjusted retail sales rose just 0.1 percent in April. Excluding autos and gasoline, retail sales fell 0.1 percent last month.
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Cummins expects Indiana hiring with new engine

May 13, 2014
Associated Press
Cummins Inc. expects to start hiring this year at a central Indiana factory as it starts building a new diesel engine that will go into the light-duty Nissan Titan pickup truck. The engine maker said it could add up to 500 employees.
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Indianapolis Prize goes to woman for work with lemurs

May 13, 2014
 IBJ Staff
Patricia Chappelle Wright, a distinguished primatologist and professor of anthropology at Stony Brook University, has won the 2014 Indianapolis Prize for her efforts in animal conservation, the Indianapolis Zoological Society announced Tuesday.
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Pence returns to New York, courts GOP donors

May 12, 2014
Associated Press
Pence was scheduled to attend a meeting of conservative journalists, leaders and potential donors on Monday night that was organized by the Franklin Center for Public Integrity.
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Kokomo plans baseball stadium in flood-prone area

May 12, 2014
Associated Press
A flood-prone neighborhood near downtown Kokomo will become the site of a new $9 million baseball stadium under plans announced by city officials.
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Purdue seeing jump in summer school enrollment

May 12, 2014
Associated Press
Purdue officials say summer semester enrollment is running about 11 percent ahead of last year, including a 16-percent jump among undergraduate students.
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State has $400 million in unclaimed property

May 12, 2014
Associated Press
Attorney General Greg Zoeller is encouraging people to check an online database to see if they can lay claim to unclaimed assets.
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Military to partner with Purdue for greener energy

May 12, 2014
Associated Press
The hope is to convert up to half of the Navy and Marine Corps' energy to alternative sources such as biofuels by 2020 using energy conservation, renewable-energy generation and new technologies.
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Voters pass record rate of tax hikes for schools

May 11, 2014
Associated Press
Indiana residents are having a change of heart as struggling school districts come to them with requests for more money.
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Lawmakers may study declining gambling revenue

May 11, 2014
Associated Press
The money the state collects from casino taxes has dropped from a peak of nearly $876 million in 2009 to about $752 million in fiscal 2013, according to figures from the Indiana Gaming Commission.
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Weather Service: Damage may top $100 million

May 11, 2014
Associated Press
Hundreds of homes and businesses in southwestern Indiana were still without power Sunday following a powerful storm that caused more than $100 million in damage according to a National Weather Service estimate.
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U.S. education chief wants Indiana waiver updates

May 9, 2014
Associated Press
U.S. Education Secretary Arne Duncan asked Indiana officials to provide his staff regular updates on how the state plans to address concerns with its No Child Left Behind waiver ahead of a June 30 deadline.
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UPDATE: Doctors nationwide victimized in ID theft fraud

May 9, 2014
Associated Press
The American Medical Association says the exact number of doctors affected by tax fraud isn't known, but hundreds of cases have been confirmed, including dozens in Indiana.
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UPDATE: Fatal accident wreaks havoc on north-side traffic

May 9, 2014
Associated Press
Two highway workers were killed when a pickup truck crashed in an Interstate 69 construction zone on the northeast side of Indianapolis. Morning commute traffic backed up for miles.
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High court to hear appeal of right-to-work law

May 9, 2014
Associated Press
The Indiana Supreme Court will hear arguments in September on Indiana's appeal of a judge's ruling declaring the state's right-to-work law unconstitutional.
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Witnesses oppose labor ruling on college athletes

May 8, 2014
Associated Press
Baylor University President Ken Starr voiced strong opposition Thursday to a regional National Labor Relations Board ruling that scholarship football players at Northwestern University are technically school employees and thus entitled to collective bargaining rights.
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Indiana water regulator must wait for new job

May 8, 2014
Associated Press
The State Ethics Commission ruled Thursday that Gregory Ellis must wait at least a year before he can accept a job as director of government affairs for the Indiana American Water Co.
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Mortgage rates sink to 2014 low

May 8, 2014
Associated Press
Warmer weather has yet to boost home-buying as it normally does. Rising prices and higher rates have made affordability a problem for would-be buyers, while many homeowners are reluctant to list their properties for sale.
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Purdue picks Illinois dean as school's new provost

May 8, 2014
Associated Press
Debasish "Deba" Dutta will take over as the university's next provost on July 1. He replaces Tim Sands as Purdue's top academic administrator.
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  1. With Pence running the ship good luck with a new government building on the site. He does everything on the cheap except unnecessary roads line a new beltway( like we need that). Things like state of the art office buildings and light rail will never be seen as an asset to these types. They don't get that these are the things that help a city prosper.

  2. Does the $100,000,000,000 include salaries for members of Congress?

  3. "But that doesn't change how the piece plays to most of the people who will see it." If it stands out so little during the day as you seem to suggest maybe most of the people who actually see it will be those present when it is dark enough to experience its full effects.

  4. That's the mentality of most retail marketers. In this case Leo was asked to build the brand. HHG then had a bad sales quarter and rather than stay the course, now want to go back to the schlock that Zimmerman provides (at a considerable cut in price.) And while HHG salesmen are, by far, the pushiest salesmen I have ever experienced, I believe they are NOT paid on commission. But that doesn't mean they aren't trained to be aggressive.

  5. The reason HHG's sales team hits you from the moment you walk through the door is the same reason car salesmen do the same thing: Commission. HHG's folks are paid by commission they and need to hit sales targets or get cut, while BB does not. The sales figures are aggressive, so turnover rate is high. Electronics are the largest commission earners along with non-needed warranties, service plans etc, known in the industry as 'cheese'. The wholesale base price is listed on the cryptic price tag in the string of numbers near the bar code. Know how to decipher it and you get things at cost, with little to no commission to the sales persons. Whether or not this is fair, is more of a moral question than a financial one.

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