State tax revenue down again in August
Indiana tax collections in August fell $12 million below a May forecast, marking more bad news on the state’s financial front.
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National jobless rate hits 26-year high
The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.
Greenwood manufacturer plans 43 new jobs
A Greenwood-based tool and machine parts manufacturer plans to add up to 43 jobs in the next six months by combining operations
from two other states.
Indiana taking Chrysler bankruptcy case to Supreme Court
Indiana officials are asking the U.S. Supreme Court to reconsider hearing their objections to the Chrysler bankruptcy proceedings
that resulted in its takeover by Italian automaker Fiat.
Indiana board advances proposed teacher-licensing changes
A state board has given preliminary approval to a proposal that would revamp Indiana’s teacher licensing requirements.
New jobless claims dip less than predicted
New jobless claims fell slightly last week while the number of people receiving unemployment benefits rose, a sign the job
market’s recovery will be long and bumpy.
Group: Health insurers urged workers to fight reform
A consumer group says health insurers UnitedHealth and WellPoint pressured their employees to contact members of Congress
and lobby against health care reform proposals that the companies disagreed with.
Frontier creditors approve reorganization plan
Frontier Airlines Holdings Inc. said yesterday that creditors have approved its bankruptcy reorganization plan, including
its planned purchase by Republic Airways.
Pfizer to pay record $2.3B penalty over promotions
Pfizer Inc., the world’s largest drug maker, will pay a record $2.3 billion civil and criminal penalty over unlawful prescription
drug promotions, the Justice Department announced today.
Worker productivity soars, labor costs plummet
Worker productivity, the single biggest factor determining living standards, grew at the fastest pace in nearly six years
in the spring while labor costs fell by the most in nine years, as companies slashed costs to survive the recession.
New federal robo-call law less strict than Indiana’s
A new federal regulation that prohibits the use of auto-dialing machines to make prerecorded telephone calls isn’t as strict
as the one already in use in Indiana.
WellPoint CEO defends health insurance business
A health care reform push that aims at the insurance industry misses a much bigger target in its quest to lower rising costs,
WellPoint Inc. CEO Angela Braly said in a speech.
Indiana converting to centralized accounting system
Indiana state government will fully convert to a uniform financial accounting system by Sept. 16.
IU offering in-state tuition grants in wake of criticism
Indiana University will be offering grants to in-state students starting next year to help lessen the impact of tuition increases.
Governor taking mayors on China, Japan trip
Indiana University President Michael McRobbie and six mayors from around the state will join Gov. Mitch Daniels for at least
part of his upcoming 10-day trade mission to China and Japan.
Indiana set to announce $164M in stimulus awards for housing
Indiana Lt. Gov. Becky Skillman plans to announce the first awards of $164 million in federal stimulus money to build low-
and moderate-income housing across the state.
New contract ends strike for 700 in Terre Haute
Union members have approved a new contract that ends a strike by more than 700 workers at a Bemis Co. plant in Terre Haute
after 40 days.
Daniels’ name popping up as potential presidential candidate
Republican Mitch Daniels has repeatedly insisted that his 2008 run for a second term as Indiana’s governor was his last election
and that he’s not interested in the "savagery" of a national campaign.
Whirlpool to close 1,100-worker Evansville refrigerator factory
Whirlpool Corp. announced Friday that it will close its refrigerator factory in Evansville by next year and cut 1,100
jobs as it continues a push to trim excess capacity.
ISTA insurance fund sues ex-officials
The Indiana state teachers union’s insurance fund has filed a lawsuit alleging former officials, financial advisers and consultants
mismanaged a long-term disability insurance trust.