Stimulus to brighten city’s traffic lights
The bright lights of Indiana’s largest city are getting brighter—at hundreds of street intersections, anyway.
Associated Press
Articles
House OKs defense bill that funds Rolls Royce engine
Despite a vaguely worded veto threat by President Barack Obama, the House on Thursday easily adopted a major defense
policy bill that calls for continued development of a costly alternative engine for the Pentagon’s next-generation fighter
jet.
Business inventories fall for 12th straight month
Businesses reduced inventories at the wholesale level for a record 12th consecutive month in August, although in an encouraging
sign, sales jumped by the largest amount in 14 months.
Many retailers report September sales declines
Early September reports from retailers show sales are still falling for many amid worries about jobs and tight credit, but
many of the results came in better than expected.
New jobless claims fall to lowest level since January
The number of newly laid-off workers filing first-time claims for jobless benefits fell to the lowest level since early
January, as layoffs eased a bit amid a fledgling economic recovery.
Maine protest targets Anthem’s rate-hike appeal
Demonstrators on Wednesday backed Maine’s insurance superintendent for rejecting a request from the state’s largest private health insurer seeking an 18-percent rate hike for its individual insurance plans.
Caterpillar plans about 100 layoffs at Indiana plant
Caterpillar Inc. plans to lay off about 100 workers from an Indiana engine plant where it has already cut hundreds of jobs.
Delphi emerges from Chapter 11 after 4 years
Auto parts supplier Delphi finally exited bankruptcy protection on Tuesday nearly four years to the day it filed for Chapter
11.
Trial delayed for money manager Schrenker
An Indiana judge has delayed until March the trial on securities fraud charges of a former money manager who tried to fake
his own death by jumping from a small plane before it crashed in Florida.
Indiana property owners to save more than expected
Property owners in Indiana are expected to save more on their tax bills in the next two years than originally predicted
because of caps on property taxes.
More accurate count sought on Indiana billboards
The Indiana Department of Transportation is trying to get a better handle on exactly how many billboards sit along the state’s
highways after a federal agency found problems in Indiana and threatened to withhold $90 million.
More Americans growing food on small farms
Most evenings, Gary Mithoefer can be found at the end of a long gravel driveway off a busy highway, tending two garden plots. He’s one of a growing number of Americans digging into the dirt to raise crops on a small scale.
Events to teach personal finance, money management
Hundreds of free events to educate consumers on personal finance and money management will occur around Indiana the week of
Oct. 10-17 as part of the Federal Reserve Bank of Chicago’s annual Indiana Money Smart Week.
Government report questions banking bailout claims
The credibility of the government’s $700 billion financial rescue program was damaged by claims a year ago that all of the
initial banks receiving support were healthy, a new report contends.
Indiana wants to trim cost of educating inmates
Indiana’s efforts to cut the cost of educating prison inmates could increase competition among the state’s colleges, with
Ivy Tech leading the way. The State Student Assistance Commission is considering capping the amount it spends on state prison
inmates at $120 per credit hour, prompting colleges already facing strapped budgets to worry about keeping their contracts
with the Department of Correction.
Recession-stung stores plan old-fashioned holidays
Stores are turning back the clock, conjuring images of hearth and home as they stock their holiday merchandise. Retailers
hope embracing holiday traditions from cozier times will tempt recession-weary consumers to open their wallets in a season
expected to show flat sales at best.
IU sees $63M revenue boost from enrollment jump
Indiana University officials say this school year’s record enrollment is leading to nearly $63 million in unexpected revenue
for its campuses across the state.
U.S. jobless rate reaches 9.8 percent in September
The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.
The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.
DOE taking comments on teacher licensing proposals
The state Department of Education has scheduled three public hearings on a contentious proposal to revamp Indiana’s teacher
licensing requirements. State schools Superintendent Tony Bennett wants to eliminate some requirements, saying teachers spend
too much time learning teaching methods and not enough on subject matter.
Frontier Airlines emerges from bankruptcy
Frontier Airlines emerged from bankruptcy protection on Thursday, under new ownership but still facing a tough competitive
situation at its Denver base.