New Interstate 69 shows poor judgment
Two of the principal obligations of government are that it should be accountable to its citizens, and that it should operate
at a reasonable level of efficiency.
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Articles
Bait and switch at Biglari Holdings?
In light of Biglari Holdings’ recent decision to implement a new incentive bonus agreement for its CEO and chairman,
Sardar Biglari, I am concerned.Veolia never shifted retirement costs
Veolia Water Indianapolis takes issue with last week’s (May 10) story on the Department of Waterworks’ (DOW)
rate case, and notes with regret that the reporter neglected to contact us on what is an important public issue.EDITORIAL: Ballard making good moves a habit
More than two years into his term, Mayor Greg Ballard has shown a creative flair and a pragmatic streak the city needs.
Indiana senator suggests Arizona-like immigration law
Republican Sen. Mike Delph of Carmel said he’ll introduce such legislation for Indiana if Congress and the Obama administration
do not act on illegal immigration.Indianapolis law firms raising rates again
Recession'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.CIB agrees to help Black Expo, but not with grant
Capital Improvement Board votes not to restore IBE’s annual $150,000 grant, but agrees to provide the organization
with in-kind services equaling the amount.Chrysler plans to spend $300M retooling Kokomo plants
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
Report: WellPoint, Aetna may need relief from cost mandate
The U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may
need to be loosened
to keep companies from quitting the market for people who buy coverage on their own, state regulators said.WellPoint, others may need relief from law’s spending mandate
The health law passed by Congress in March will force insurers like WellPoint to give rebates to customers next year if the
companies don’t meet the medical-spending minimums.Mass Ave project adds garage, wins approval
Work could begin this fall on $10 million Trail Side complex.
Simon Property makes ‘final’ General Growth offer
Simon Property says its latest offer is worth $6.5 billion, or $20 a share, for General Growth. It had last offered $18.25
a share.LOU’S VIEWS: IRT’s ‘Around the World in 80 Days’
Thoughts on the Indiana Repertory Theatre’s season closer … and an average day at Conner Prairie.
Veolia concessions worry regulators
Testimony filed in Indianapolis Water Co.’s rate case shows the city in 2007 agreed to take on millions of dollars in costs
from the private firm it hired to operate the utility, including $48 million in retiree medical plan obligations.Allison Transmission, supplier feuding in court
A dispute between Allison and a major supplier over allegations of defective parts has grown so contentious that
the supplier is threatening to halt shipments—a move Allison says could force it to shut down.Sebelius warns states to check WellPoint hikes
The Obama administration has asked state regulators to double-check premium hikes from Indianapolis-based health insurer WellPoint
Inc. after an audit found problems with proposed California increases.Report: Examiners failed to curb risky lending at Irwin Union
The now-defunct Irwin Union Bank and Trust almost tripled in size from 2000 to 2005 as it extended credit to subprime mortgage
borrowers with insufficient collateral.General Growth hearing delayed as Simon makes new bid
General Growth said the hearing before U.S. Bankruptcy Judge Allan Gropper has been moved from Wednesday to Friday.
Obama plans tougher rules on for-profit colleges
The administration is gearing up to produce tougher regulations that may reduce the amount of federal financial aid flowing
to for-profit colleges such as locally-based ITT Educational.Simon Property steps up fight for General Growth
The latest proposal is the Indianapolis-based company’s third attempt to buy or gain a piece of the No. 2 mall owner.