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Rolls-Royce and health care reform
Rolls-Royce, the British jet engine maker, isn’t taking a position on health care reform, but let’s drag them into it, anyway,
because Rolls-Royce’s business model might interest the crowd advocating for reform via market forces.
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.
Connersville progresses on Carbon Motors deal
Connersville Mayor Leonard Urban says the city soon will clear legal and environmental hurdles that stand in the way of Carbon
Motors’ launching its operations in the former Visteon plant.
UPDATE: Hurco exec getting $500,000 exit package
James D. Fabris, who is leaving Hurco Cos. Inc. at the end of the month following a long management tenure, will receive an
exit package worth more than $500,000.
Noblesville sacks economic development director
Noblesville Mayor John Ditslear has fired the city’s economic development director, Kevin Kelly, after Kelly had
been on the job for about two years.
Indy, state miss out on Olympic impact
Chicago will not host the 2016 Olympics. The city was eliminated from consideration in the first round of voting by members
of the International Olympic Committee today.
Brightpoint repurchases shares in settlement
Indianapolis-based Brightpoint Inc. said Friday that it has entered into a settlement agreement with NC Telecom Holding A/S
to repurchase about 3 million Brightpoint shares from the Denmark holding company. NC Telecom owned Denmark-based Dangaard
Telecom before Brightpoint, the world’s biggest wireless phone distributor, bought the cell phone distributor in August 2007.
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.
Hurco president Fabris to resign
Indianapolis-based Hurco Companies Inc., a computer control and software maker, said Thursday that James D. Fabris will resign
as president and chief operating officer as of Oct. 31.
DINING: ‘Bucket’ pales next to others at busy intersection
This month, we’ll hit a quartet of recent restaurant arrivals near the already competitive culinary intersection
of 86th Street and Ditch Road. First up: Rusty Bucket Corner Tavern.
Camera retailer Roberts adjusts to the times, plans new store
The home-grown retailer lately has sought to
supply cameras for government and law-enforcement entities as its once-reliable newspaper clientele scales back.