Federal Government

IndyGo to use $10M grant for all-electric buses

September 6, 2013
Kathleen McLaughlin
IndyGo will use a $10 million federal grant to convert 22 city buses to all-electric power. Each bus will cost about $550,000 to convert and will have a range of about 100 miles.
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Healthy Indiana Plan extends trial run a year

September 3, 2013
Associated Press
Indiana is being granted a limited extension of its Healthy Indiana Plan while state and federal health care leaders continue negotiating a possible Medicaid expansion.
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Labor rules seek to boost jobs for vets, disabled

August 28, 2013
Associated Press
The rules, announced Tuesday by the U.S. Labor Department, will require most government contractors to set a goal of having disabled workers make up at least 7 percent of their employees. The benchmark for veterans would be 8 percent.
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Indiana lawsuit about cold beer sales faces uphill battleRestricted Content

August 10, 2013
Scott Olson
States are viewed as having wide latitude to regulate alcohol sales.
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DUNCAN: Dodd-Frank hems in many nonbank lendersRestricted Content

August 3, 2013
David Duncan / Special to IBJ
'Dealer markups' in jeopardy in push to protect consumers.
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City Securities' stumble opens door to rivalsRestricted Content

August 3, 2013
Chris O'Malley
City Securities Corp. has dominated the Indiana municipal bond market for decades, but the firm’s recent $580,000 settlement with the U.S. Securities and Exchange Commission could give issuers pause and competitors a foot in the door in the underwriting business.
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House GOP seeks delay in health care provisions

July 17, 2013
Associated Press
U.S. House Republicans pressed ahead Wednesday on delaying key components of President Obama's signature health care law, emboldened by the administration's concession that requiring companies to provide coverage for their workers next year may be too complicated.
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Carmel firm settles discrimination lawsuit for $90K

July 11, 2013
Mason King
A Carmel-based power-grid operator has agreed to pay $90,500 to settle a disability discrimination lawsuit involving an employee who allegedly suffered from postpartum depression.
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Furloughs begin for 10K Indiana civilian defense workers

July 9, 2013
Associated Press
About 4,000 civilians who work at the Defense Finance and Accounting Services center in Lawrence are facing 11 unpaid furlough days this summer.
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U.S. economy adds 195K jobs; unemployment rate steady

July 5, 2013
Associated Press
The job growth suggests a stronger economy and makes it more likely the Federal Reserve will slow its bond purchases before year's end.
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TerraCom defends sales surge, strategy to state regulators

July 3, 2013
Dan Human
An executive for the phone service company told regulators Wednesday that the firm's depth of experience—not fraudulent tactics—led to the creation of 30,000 federally subsidized accounts last year.
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Obama administration delays health law business mandate

July 2, 2013
Associated Press
In a major concession to business groups, the Obama administration Tuesday unexpectedly announced a one-year delay, until after the 2014 elections, in a central requirement of the new health care law.
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Worker furloughs near at Indiana's Crane base

June 27, 2013
Associated Press
The furloughs caused by automatic federal budget cuts will start the week of July 8 and continue through September. The base's nearly 3,100 Navy employees and 800 Army workers will see a 20-percent pay cut during that time.
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High court invalidates law denying gay-marriage benefits

June 26, 2013
Associated Press
The Supreme Court ruled Wednesday that legally married same-sex couples should get the same federal benefits as heterosexual couples.
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Feds used wire tap, undercover agent in Land Bank probe

May 21, 2013
Cory Schouten
A federal public-corruption task force used a wire tap and an undercover FBI agent to unravel a fraud scheme authorities say was orchestrated by two city employees and three co-conspirators.
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Feds charge 5 in Indy Land Bank kickback scheme

May 21, 2013
Cory Schouten
Federal prosecutors have charged two city employees in the Department of Metropolitan Development and three others in a scheme involving cash kickbacks on the sale of properties in the Indy Land Bank.
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Ex-councilor Bateman sentenced to 27 months in prison

May 20, 2013
 IBJ Staff and Associated Press
Paul C. Bateman Jr. had pleaded guilty in January to his part in defrauding an Indianapolis physician of $1.7 million.
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UPDATE: Brizzi lieutenant agrees to guilty plea in bribery case

May 13, 2013
Cory Schouten
David Wyser, the top deputy under former Marion County Prosecutor Carl Brizzi, was charged with bribery for his role in the early release of a woman convicted in a murder-for-hire scheme.
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Study rebuts hospitals' argument on Medicare, rising costs

May 13, 2013
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across the country have been raising prices just because they can, according to a new study.
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FARRA: Don't expect big dividends from banks anytime soon

May 11, 2013
George Farra / Special to IBJ
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
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Obamacare exchanges could zap WellPoint profits

April 29, 2013
J.K. Wall
According to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
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Senate bill jeopardizes tax-free online shopping

April 22, 2013
Associated Press
States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S. Senate on Monday.
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Feds probing Indiana's workplace safety agency

April 12, 2013
Associated Press
The federal government's workplace safety agency is investigating its Indiana counterpart—a department that documents indicate is trying to boost its inspections without hiring new staffers.
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Medical finance driving major changes in health care marketplace

April 6, 2013
J.K. Wall
Brian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy took place.
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New $100M plan to map human brain could boost Lilly

April 2, 2013
Bloomberg News
President Obama on Tuesday announced a campaign designed to develop treatments for some of the least understood brain disorders, an effort that could benefit health care giants Eli Lilly and Co. and others.
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