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Recession
Orders for capital goods fall as business spending cools
October 27, 2010
Bloomberg NewsThe report raises the risk that business investment, which had been contributing to a rebound from the worst recession in
generations, will decelerate in coming months, underscoring the Federal Reserve's concern that growth is too slow.
MoreStrategist: U.S. economy picking up pace, slowly
October 15, 2010
Scott Olson
The economy is picking up its pace but not quickly enough to satisfy
the public, Fifth Third Bank strategist John Augustine said Friday. It may not return to pre-recession levels until 2017.
New jobless claims drop for first time in 4 weeks
August 26, 2010
Associated PressHowever, about 10.1 million people were receiving unemployment checks in the week ended Aug. 7, the latest data available.
That's up about 260,000 from the previous week.
MoreIndiana, Indy stage small employment gains
August 20, 2010
Norm HeikensIndiana's unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
MoreCounties brace for big tax losses next year
August 9, 2010
IBJ Staff and Associated PressIndiana counties will receive $1.3 billion in income tax revenue in 2011, nearly 16 percent less than they did this year.
Marion and Hamilton counties will suffer major reductions in distributions.
MoreDaniels: Stimulus should focus on companies, not states
August 9, 2010
Bloomberg NewsIndiana Gov. Mitch Daniels said he opposes more stimulus such as aid to states to keep teachers hired and to expand credit
to small business, while favoring incentives to revive private hiring and investment.
MoreStocks retreat after disappointing jobs report
August 6, 2010
Associated PressThe disappointing jobs data magnifies worries that slowing growth could end up leading the country back into recession during
the second half of the year.
MoreConsumer confidence index retreats further
July 27, 2010
Associated PressEconomists watch the Consumer Confidence index closely because consumer spending accounts for about 70 percent of U.S. economic
activity and is critical to a strong recovery.
MoreChallenging job market trips up new attorneys
July 10, 2010
Michael W. HoskinsIt’s a tough time to be starting in the profession when established lawyers struggle to keep up their practices and
client lists.
MorePearson ad agency closing after more than three decades
July 6, 2010
Scott OlsonCEO Ron Pearson attributed the decision to the difficult economic conditions. The firm was hit particularly
hard in 2007, when it lost a $20 million HHGregg advertising account.
MoreSubcontractors come to Estridge's aid with $10M investment
June 26, 2010
Scott OlsonEstridge Cos.' subcontractors have invested $10 million into the firm led by COO Matt Cohoat and CEO Paul Estridge Jr.—an
infusion that paves the way for them to proceed with
a massive development in Westfield.
MoreNational new-home sales plunged to record low in May
June 23, 2010
Bloomberg NewsPurchases of new homes in the United States fell in May to a record low as a federal tax credit expired, showing the market
remains
dependent on government support.
MoreEconomic rebound slowed last quarter
May 27, 2010
Associated PressThe economic recovery last quarter turned out to be slower than first thought, one of the reasons unemployment is likely to
stay high this year.
MoreNew Indiana law aims to promote safety of traditional loans
May 22, 2010
Scott OlsonA new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
MoreIndianapolis law firms raising rates again
May 15, 2010
Scott OlsonRecession's over. Time for law firms to get cracking on raising rates again. As was the case before the recession, the
increases are outstripping inflation.
MoreFinish Master profit slides
May 7, 2010
IBJ StaffRecession aftermath continued taking a toll on sales of paint for auto repairs.
MoreState unveils Web tools aimed to curb unemployment abuse
April 14, 2010
Peter SchnitzlerThe Indiana Department of Workforce Development last year identified $3.9 million in unemployment fraud.
MoreTrucking firms shift gears to weather long downturn
March 20, 2010
Chris O'MalleyLogistics companies have found the last few years an unparalleled challenge. If it wasn't higher fuel prices, it was softening
business in key sectors, such as the automotive industry. Fewer goods to move created overcapacity and softened rates.
MoreMany banks cutting dividends to merely a penny
March 13, 2010
Greg AndrewsBanks used to take pride in having long records of increasing dividends. Now, about all most can say is they still pay one.
MoreBanking reforms may bite weakest institutions
March 13, 2010
Peter SchnitzlerIndiana banks soon might have to pay the state as much as $300 million in new fees for deposit insurance at a time the industry
is experiencing its deepest woes in decades.
MoreMinority networking event set for April 25
March 13, 2010
IBJ Staff"Staying Alive and Productive during Economic Hard Times" is the theme of the Indianapolis Professional Association's seventh
annual networking luncheon. It will include a roundtable discussion of the economic state of local minority businesses and
organizations.
MoreJob searches dragging on a year later
March 6, 2010
J.K. WallOut of six professionals IBJ profiled a year ago, three have found jobs, although all have accepted lower pay than
they were getting before. One could not be reached, but she still lists herself as looking for work on LinkedIn.com. Two tried
to start their own businesses, with one giving up and one, Bruce Flanagan, still trying.
MoreIntellectual property practices in law firms recovering from recession
February 27, 2010
Norm HeikensPractices are beginning to thaw along with other areas of the economy.
MoreWeather blamed for unexpected rise in jobless claims
February 25, 2010
Associated PressNew claims for unemployment benefits jumped unexpectedly last week, mostly because state agencies processed a backlog of
claims caused by snowstorms the previous week.
MoreClarian to resume construction at Riley Hospital for Children
January 16, 2010
IBJ StaffIt’s the latest exhalation by a local hospital after massive
investment losses and a scary economy forced them to tighten their belts a year ago.
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These higher rates Co. e about only because physicians are now hospital employees. otherwise physicians couldn't charge these rates and share the windfall with the hospital. Community/rural hospitals probably not buying physicians practices and thus weren't getting the windfall anyway.
The incentive for poor people to get themselves off public assistance and "no longer be poor" is even with help...they're STILL POOR! Being poor, even with some assistance, isn't all that pleasant. (I speak from experience) It's a stubborn myth that poor people, who are on public assistance, are sitting in the lap of luxury. You should try living on just those "freebies" that you mentioned and see how meager they actually are. By the way, I didn't mean you had to buy/own a puppy...just pet one. :)
As near as I can tell the minority has ZERO constitutional obligation to offer a quorum to the majority. A requirement for quorum was inserted into the constitution so that tyrannical majorities could not simply shove through odious and objectionable legislation (which is exactly what they did.) By allowing a tyrannical majority to charge fines against the minority for exercising their constitutional prerogative to deny quorum the court as made a mockery of constitutional governance in the state of Indiana.
The voters elected the Reps to make a vote not walk out on the vote. They had to the right to exercise their opinion and vote "no" to the bill. Let me ask you this if you walked out of your job for 5 straight weeks would you get paid? Would you even have a job to go back to? If any elected official walks out on the people they should be arrested for stealing tax dollars from the public. They were elected to do a job and not leave when the job gets stuff.
I have been to several of their locations in Pennsylvania and always go in for 1 item and leave with a basket full of things. I'm very happy they decided on Indiana, now if only they would put the other store in eastside.