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Daniels and entrepreneurship

Does Gov. Mitch Daniels’ economic development strategy emphasize job attraction at the expense of entrepreneurship?

GM reports $1.2B loss, says it shows progress

General Motors Co. said Monday it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better
than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business.

You-review-it Monday

Surely some of you did something besides watch the Colts game.

NatCity name to remain at local branches until early 2010

Pittsburgh-based PNC Financial Services Group Inc. has converted 240 former National City Bank branches to their new identity,
but the 77 Indianapolis-area locations will keep the old brand for a bit longer.

Carmel electric marketer planning expansion

Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.

Environment funds feel pinch of state budget cuts

Indiana is dipping into a wide range of state funds, including several devoted to improving or protecting the environment
and natural resources, to offset a steep drop in state revenues.

Late tax bills force counties to borrow millions

Nearly every Indiana county has failed to send property tax bills on time this year, forcing many local governments and schools
to borrow millions and providing further proof that Indiana’s tax system is still a work in progress more than a decade after
a court ordered a massive overhaul.

Rich buying again, but middle class still hurting

Recent earnings reports from major retailers suggest that the wealthy, who pulled back their spending the hardest during the
financial meltdown last fall, are once again being enticed to open their wallets and going back to higher-end outlets. But
those on the lower economic rungs are still scrimping by, heading to Walmart for the basics.

H1N1 cases declining, state says

The latest influenza illness figures are â??encouraging,â?? according to Indiana health officials. Emergency-room visits for
flu-like symptoms have fallen more than 2 percent in two weeks. Hospitalization rates also are down, and schools are reporting
fewer absent students. However, it’s too early to say the virus has peaked, say experts. Last week, three H1N1-related deaths
were confirmed in Indiana.

Indiana sheriff’s deputy dies in accident

Sergeant Jeffery Shaw, an 11-year veteran with the Kosciusko County Sheriff’s Department, was killed Thursday afternoon in
a collision south of Warsaw. Shaw was responding to a call when his cruiser was hit by a flat-bed truck. State police investigators
say it was a freak accident and they don’t expect to file charges. The truck driver suffered minor injuries.

Water main break creates problems on Meridian

A water main break at Meridian Street and Kessler Boulevard is expected to be fixed by Friday eveningâ??s rush hour. The 12-inch
line broke early this morning, and police are helping drivers maneuver through the area. The pressure of the water caused
the street to buckle. Drivers are encouraged to find an alternate route. Water service has not been affected in the area.
Fox 59 will have more at 4 p.m.

Format change likely in offing for 107.9 FM

Local radio station WNTR-FM 107.9, known as The Track, has dismissed four staff members and started playing holiday music
in what observers say is likely leading to a format change.

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