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HHGregg predicts profit, offers 3M shares

HHGregg Inc. said this morning it projects fiscal first-quarter profit to beat analyst expectations despite shrinking revenue
and a sharp decline in same-store sales.

Indianapolis seeks $8M in energy-efficiency grants-WEB ONLY

Indianapolis officials are hoping to land $8 million in energy-efficiency and conservation-block grants from the federal stimulus program. The city has submitted eight projects to the U.S. Department of Energy for funding consideration. A total of 450 counties are eligible for the grants. The largest expenditure is $3.3 million for construction of 17 miles of […]

IU, Ivy Tech expected to approve tuition hikes-WEB ONLY

Indiana University is expected to approve a tuition hike of more than 4 percent today after hearing public testimony about the proposed increases. IU’s Board of Trustees will vote on the proposed increases of 4.6 percent this year and 4.8 percent next year at IU-Bloomington and IUPUI. That would bring annual tuition to about $8,600 […]

INDOT appointee to oversee I-69 expansion-WEB ONLY

A new Indiana Department of Transportation appointee will initially focus his efforts on the Interstate 69 expansion through central and southern Indiana. INDOT Commissioner Michael Reed has chosen Sam Sarvis as the agency’s deputy commissioner for major program management. His appointment was announced yesterday. Reed said Sarvis has experience with local and state highway construction. […]

Ivy Tech chief won’t pursue Florida job-WEB ONLY

Ivy Tech Community College President Tom Snyder, who yesterday was named one of four remaining candidates for the position of chancellor of the State University System of Florida, has withdrawn his name from consideration, he announced today. “I have made the decision to decline the invitation to be one of the four finalists for the […]

PEASE: Archaic physical therapy laws drive up health costs

If you want to see a physical therapist in Indiana, you must first see a physician for a consultation
and referral. It’s the law. Indiana is one of only six states where patients are denied direct
access to physical therapy treatment, and one of only two states where evaluation without referral is
prohibited.

BATTEN: FTC could resolve antitrust concerns on health care reform

President Obama recently announced a cooperative initiative where health care industry leaders plan to
work together to reform the ailing health care system. Shortly after that announcement, the national
media machine spawned considerable concern among several health care groups that the cooperative effort might violate
federal antitrust laws for collusion and price fixing among competitors.

Drug industry funds Democrat-led panel on health care reform

The pharmaceutical industry—which for two decades has given twice as much in campaign donations
to Republicans as Democrats—organized a panel composed mostly of Democrats this month in Indianapolis
to argue its position on health care reform.

State law aims to attract doctors to areas in need of care

A state law that went into effect July 1 attempts to attract young physicians and mental health practitioners to underserved
areas by forgiving part of their student loans. But Indiana’s budget woes prevented lawmakers from allocating funds
to support the program.

Stocks surge on favorable Intel earnings-WEB ONLY

Investors are finally getting the news they’ve been craving. Stocks surged for the second time in three days today as investors pounced on evidence that the economy might not be as weak as feared. Strong earnings and an upbeat forecast from Intel Corp. and a more favorable take on the economy from the Federal Reserve […]

Connersville a finalist for police-cruiser plant-WEB ONLY

Connersville is among three finalists in the running to produce a new police cruiser that runs on clean diesel and biodiesel technology. Atlanta-based Carbon Motors Corp., the developer of the Carbon E7 police car, said today that it has whittled finalists for the manufacturing plant from five to three. Connersville is about 70 miles southeast […]

Myrland on the chamber, church

Thereâ??s nothing like a little time away from a job to refine oneâ??s perspective. Which makes John Myrlandâ??s
distance from the Indianapolis Chamber of Commerce all the more interesting.

Myrland, 58, resigned as president of the chamber at the end of 2005…

AT&T, union reach tentative contract pact-WEB ONLY

AT&T Inc. and its largest union have tentatively agreed on a new contract for 18,500 employees in the Midwest, including about 2,500 in Indiana. Leaders of the Communications Workers of America, which has gone three months without a contract, reached the deal after nearly five months of negotiations with AT&T. Union members will vote on […]

Smith & Hawken going out of business-WEB ONLY

Upscale garden retailer Smith & Hawken will close all of its stores by the end of the year, including its Indianapolis location on River Crossing Boulevard near the Fashion Mall. The Novato, Calif.-based company has 56 stores in 22 states and has been hit hard by the recession. Sales were down 22 percent during the […]

Senate committee clears health insurance overhaul-WEB ONLY

The Senate health committee cast a milestone vote today to approve legislation expanding insurance coverage to nearly all Americans, becoming the first congressional panel to act on President Barack Obama’s top domestic priority. The 13-10 party line vote advanced a $600 billion measure that would require individuals to get health insurance and employers to contribute […]

About 100 workers recalled at Indiana foundry-WEB ONLY

A union official says about 100 hourly workers are being recalled by Fort Wayne Foundry Corp. to one of its northern Indiana factories. Those workers will be back on the job as a Columbia City plant resumes production to fill a six-month contract making water pumps for General Motors Corp. United Auto Workers Local 2242 […]

Smith & Hawken going out of business

Upscale garden retailer Smith & Hawken will close all of its stores by the end of the year, including its Indianapolis
location on River Crossing Boulevard near the Fashion Mall.