Federal Government

More unemployment claims filed nationally last week

January 6, 2011
Associated Press
The U.S. Labor Department says applications for unemployment aid rose by 18,000 to a seasonally adjusted 409,000 in the week ending Jan. 1. Applications fell to 391,000 in the previous week, the lowest point since July 2008.
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New Indiana members of Congress settle in to roles

January 5, 2011
Associated Press
Four new Republicans began representing the state in the U.S. House on Wednesday as the 112th Congress began.
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LEADING QUESTIONS: Carson talks Congress, whips, soft rock

December 22, 2010
Mason King
Carson Watch VideoU.S. Rep. Andre Carson on his new duties, earmarks, anti-Islam rhetoric, and his love for smooth tunes.
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WellPoint’s New York rate hike to face scrutiny

December 21, 2010
Bloomberg News
WellPoint Inc. and other U.S. health insurers will have to provide justification for any increases to customers’ premiums of more than 10 percent next year, according to federal regulations published Tuesday.
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Rolls-Royce scores more military business

December 17, 2010
 IBJ Staff
Rolls-Royce Corp. landed more than $100 million in new business this week, winning two contracts to provide support for aircraft engines it makes in Indianapolis for the U.S. Army and Navy.
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ITT Educational, for-profit peers reaped $521M from military

December 9, 2010
Bloomberg News
Twenty for-profit colleges—led by Carmel-based ITT Educational Services—reaped $521 million in U.S. taxpayer funds in 2010 by recruiting armed-services members and veterans through misleading marketing, according to a Congressional report released Thursday.
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Feds sue developer Premier over raid on retirement accounts

December 1, 2010
Cory Schouten
Executives of defunct Indianapolis developer Premier Properties USA Inc. are negotiating to settle a lawsuit brought by the U.S. Department of Labor that claims the company raided employee retirement accounts in a last-ditch bid to save itself in early 2008.
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$26.8M military deal revs local Rolls-Royce operation

November 30, 2010
 IBJ Staff
Rolls-Royce Corp.’s Indianapolis operations continue to cash in on military contracts, scoring a $26.8 million deal to provide 12 spare engines for the Osprey tilt-rotor aircraft.
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Health reform tripping up Indiana wellness incentiveRestricted Content

November 27, 2010
J.K. Wall
Federal health reform will trump an Indiana law that allows health insurers to offer steep discounts to employers with healthy workers and which institute aggressive wellness programs, but experts say other provisions will motivate small firms.
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AHLRICHS: Turn health reform into pragmatic answersRestricted Content

November 27, 2010
Health reform entrepreneurship could brand Indiana as productive, healthy place for employers to operate.
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MCGOWAN: Reform's grandfathering option requires close look

November 27, 2010
Hugh M. McGowan
Widely hailed provision of health care reform now raises host of questions.
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Med school students share their stories

November 27, 2010
Scott Olson
Five students at Indiana University School of Medicine contemplate whether to opt for family practice or a specialty.
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Health insurance stocks rise after spending rules outlined

November 22, 2010
Bloomberg News
U.S. health insurers, including WellPoint Inc., can include the cost of federal taxes in determining whether they spend enough on patient care, the U.S. Health and Human Services Department said Tuesday.
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COAN: Stocks will get worse before they get better

November 20, 2010
Paul Coan
Looking at the final years of the Great Depression tells me that next year might not be so kind to investors.
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Indianapolis investment adviser Gene Tanner in it for the long haulRestricted Content

November 20, 2010
Norm Heikens
At 78, L. Gene Tanner is one of the longest-serving investment advisers working in Indianapolis. Tanner spoke with IBJ's Norm Heikens about why he shifted to City Securities, his brush with convicted Ponzi scheme operator Bernard Madoff, and how his investment strategy has changed.
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Ethanol's future clouded by potential loss of tax breaks

November 20, 2010
Chris O'Malley
The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
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Carp czar has huge task of fighting invasive fishRestricted Content

November 20, 2010
Marc D. Allan
John Goss, a Hoosier who helped create the Great Lakes Compact to conserve water, is coordinating federal, state attack.
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Governors see GOP’s Midwest gains as path to presidency

November 19, 2010
Bloomberg News
Republican governors meeting in San Diego said Thursday their statehouse victories in the Midwest leave the party well positioned for 2012 in the battlefield that often determines the presidency.
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Drugmakers seek Republican allies to defeat cost-cutting panel

November 15, 2010
Bloomberg News
Pharmaceutical firms led by Eli Lilly are trying to eliminate a government panel aimed at controlling Medicare spending seven months after they supported the health-care overhaul that created it.
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Small-business lending rises 30 percent in Indiana

November 13, 2010
Francesca Jarosz
The amount of money banks loaned through U.S. Small Business Administration programs shot up close to 30 percent in Indiana this year, a sign that the state’s small businesses—including Pat Wolfred’s CCA Inc.—have started coming back to life.
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Poll: Daniels little known among potential GOP candidates

November 10, 2010
Associated Press
Sarah Palin is the most polarizing of the potential 2012 Republican presidential candidates, while Mitch Daniels is one of the least recognized, a new survey finds.
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Democrats look to rebuild after Republican gains

November 3, 2010
Associated Press
Indiana Democrats are looking for a life preserver heading toward 2012. And their best hope might rest with the man some blame in part for at least one of the party's losses: retiring Sen. Evan Bayh.
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Pence to step down as No. 3 House GOP leader

November 3, 2010
Associated Press
Indiana Rep. Mike Pence alluded to a potential presidential bid in a statement he issued to his colleagues announcing he will step down as GOP conference chairman.
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Q&A: Jim Hamilton

November 3, 2010
J.K. Wall
Jim Hamilton, an employee-benefits lawyer at Bose McKinney & Evans in Indianapolis, discussed the likelihood of a Republican-controlled U.S. House of Representatives changing or even outright repealing the health care reform law, formally known as the Patient Protection and Affordable Care Act.
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After 2008 change, Indiana returns to GOP roots

November 3, 2010
Associated Press
Republicans picked up the U.S. Senate seat vacated by Democrat Evan Bayh and two southern Indiana congressional seats that had been held by Democrats. They also appeared poised to claim a two-thirds majority in the Indiana Senate and take control of the state House of Representatives.
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