State receives nearly $2.4 billion from stimulus
Indiana has received nearly $2.4 billion in federal stimulus money and has spent nearly $780 million so far, according to
preliminary data released Thursday.
Associated Press
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Indiana cancels $1.3B welfare contract
Indiana is ending its troubled $1.34 billion deal with a team of vendors to automate the application process for food stamps,
Medicaid and other benefits.
Social Security makes it official: No raise in 2010
There will be no cost of living increase for more than 50 million Social Security recipients next year, the first year without
a raise since automatic adjustments were adopted in 1975.
Purdue gets $1M for plant-climate research
The U.S. Department of Agriculture has given Purdue University a nearly $1 million grant to study ways that genomics can be
used to enhance the value of certain plants while making them more resilient to climate stress.
Republic Airways to buy 10 planes from US Airways
Indianapolis-based Republic Airways Holdings Inc. said Wednesday it will buy 10 regional jets from US Airways and add them
to the fleet over the next nine months.
Dow Jones industrials close above 10,000
The Dow Jones industrial average is back above 10,000 for the first time in a year.
Indiana University reaches $1 billion in campaign
Indiana University officials say the school has passed the $1 billion mark in a fund-raising campaign and is looking to raise
$100 million more.
Local junkyard gets green recognition from state
The Indiana Department of Environmental Management says an Indianapolis junkyard is the first in the state to receive its recognition for environmentally friendly practices.
Conseco hopes to raise $200M with stock offering
Insurer Conseco Inc. said Tuesday it plans a registered offering of common stock that will generate about $200 million in gross proceeds to the company.
WNBA’s Fever to stay in Indiana, owner says
The Indiana Fever will remain in Indianapolis for the 2010 season, despite speculation that ownership would not keep the
team.
Frequent GOP candidate Scott wants to face Carson
A Butler University professor who has run for Congress several times says he will seek the Republican nomination to challenge
Democratic Rep. Andre Carson of Indianapolis next year.
Stimulus spending likely helping teachers the most
Teachers appear to have benefited most from the effort to save jobs with the $787 billion recovery package, which sent billions
of dollars to states that were on the verge of ordering heavy layoffs in education.
State colleges waiving application fees this week
Indiana high school seniors who apply for admission this week to 38 colleges and universities in the state won’t have to
pay admission application fees.
Ex-investors plead guilty to mortgage fraud
Two former real estate investors have pleaded guilty to federal charges that they set up straw deals to obtain inflated
mortgages on more than 100 Indianapolis houses.
Interactive Intelligence expects 3Q profit, revenue growth
Communication software maker Interactive Intelligence Inc. said Monday that, based on preliminary results, it expects to report
that third-quarter earnings rose as product and services revenue climbed.
Holiday World sets turnstile record
Holiday World & Splashin’ Safari amusement park in southern Indiana has set an attendance record, drawing more than 1 million visitors for the fourth year in a row.
Schrenker plans book about plane crash
An indicted Indiana money manager plans a book about an attempt to flee mounting personal problems that ended with him parachuting
from a plane that later crashed into a Florida swamp.
Insurers escalate criticism of health overhaul
The insurance industry sharply escalated its criticism of the Senate health care bill Sunday, charging that the legislation
would shift costs to privately insured people, raising the price of a typical policy by hundreds, if not thousands, of dollars
annually.
IU professor wins Nobel economics prize
IU professor Elinor Ostrom won the Nobel economics prize on Monday for her analyses of economic governance, becoming the first woman to win the prize since it was founded in 1968.
Schools try to fit in parent-teacher conferences
Indiana schools are finding creative ways to squeeze in parent-teacher conferences after the state ruled that the sessions
could no longer count toward instructional time.