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Lawmakers sometimes do their best work right after an election, when they have a fresh victory in hand and can think beyond their political self-interest. Same goes for the chief executive. Gov. Mitch Daniels won big last year in what was presumably his last political campaign. All of which adds to our disappointment at the […]
Barbara Hoffman plans to close her bait shop along Fall Creek Parkway after 42 years in business. She has agreed to…
While Indy Racing League driver Danica Patrick was driving her new race car up and down a runway at the Indianapolis International Airport this morning, Andretti…
Charitably speaking, not much got done in the legislative session that ended Wednesday. Now Gov. Daniels plans
to call a special session to force passage of a budget, the only bodyâ??s only legal requirement.
Should anything else be put on the…
Missed the Stephen Sondheim/Scott Simon chat that occurred on the stage at IU Auditorium last night? Sorry to hear that. It’s not the same thing as being there, but I’ll empty the notebook for those who weren’t part of the sizable crowd…
Chrysler LLC said in its bankruptcy filing today that it owes Cummins Inc. $43.9 million, placing the southern Indiana company among its top unsecured creditors. A Cummins spokesman said some of that money will be covered by the U.S. Treasury Department’s new Supplier Support Program, which the company entered earlier this month. “It’s our belief […]
Federal authorities have filed mortgage fraud charges against seven local residents, including the owner of Charter Homes, the subject of an IBJ investigation last year. The U.S. Attorney’s Office for the Southern District of Indiana today charged Jerry J. Jaquess and six others with crimes connected with 149 fraudulent loan transactions totaling $19.7 million between […]
Federal authorities have filed mortgage fraud charges against seven local residents, including the owner of Charter Homes, the subject of an IBJ investigation last year. The U.S. Attorney’s Office for the Southern District of Indiana today charged Jerry J. Jaquess and six others with crimes connected with 149 fraudulent loan transactions totaling $19.7 million between […]
Chrysler LLC filed for Chapter 11 bankruptcy protection in New York today and will form an alliance with the Italian carmaker Fiat Group SpA in an effort to revive the nation’s ailing third-largest automaker. The move will idle Chrysler production workers across the nation for 60 days or more, including about 6,000 employees in Indiana […]
Big news out of Bloomington … basketball coach Tom Crean is Twittering. Pardon me, he’s tweeting. He began about two weeks ago. Actually, it is rather cool, and pretty forward thinking too. Crean…
Indiana Gov. Mitch Daniels says he will call a special session on the budget when lawmakers are ready to deal with fiscal realities. The General Assembly adjourned last night without passing a new, two-year budget, which will force lawmakers to reconvene to craft a spending plan. Daniels said today that the plan lawmakers voted on […]
Two national radio giants with several stations in Indianapolis announced cost-saving steps this week to cope with the slumping economy. Clear Channel Communications Inc. slashed 590 positions nationwide Tuesday, on top of cuts it made earlier this year. And Atlanta-based Cumulus Media Inc. told employees yesterday that it is requiring them to take five days […]
Indiana Gov. Mitch Daniels said he plans to sign into law a proposal to fix Indiana’s bankrupt unemployment fund, despite calls from business leaders for him to veto the bill. The state’s unemployment insurance fund currently pays out hundreds of millions of dollars a year more in benefits than it collects in employer taxes. The […]
Auburn Hills, Mich.-based Chrysler LLC, which has about 6,000 workers in Indiana at four plants in Kokomo, will file for Chapter 11 bankruptcy protection in New York today and be eligible for up to $8 billion in federal aid, senior administration officials said today. The move would come after talks with a small group of […]
Two national radio giants with several stations in Indianapolis announced cost-saving steps this week to cope with the slumping economy. Clear Channel Communications Inc. slashed 590 positions nationwide Tuesday, on top of cuts it made earlier this year. And Atlanta-based Cumulus Media Inc. told employees yesterday that it is requiring them to take five days […]
County health departments will start receiving shipments of antiviral drugs today as officials prepare to treat possible cases of the H1N1 swine flu virus. State Health Commissioner Judy Monroe says Indiana has a stockpile of more than 850,000 antiviral drugs. The Hoosier State also was among the first to receive extra medication from a federal […]
Democratic Indiana House Speaker Patrick Bauer is blaming Republican Gov. Mitch Daniels for the need of a special legislative session. The General Assembly did not pass a new state budget by last night’s midnight deadline for adjourning the session, which will force Daniels to call a special session to get one approved. Bauer said today […]
The 500 Festival Mini-Marathon Expo launches this afternoon. The event will give organizers a chance to unveil the new 500 Festival t-shirts, and runners a chance to start picking up their registration packets. Vendors will be on hand to show off the latest gear and get Hoosiers ready for the race. The expo begins at […]
Indianapolis-based Duke Realty Corp. late yesterday reported first-quarter results in line with analyst expectations and detailed an ongoing plan to strengthen its balance sheet. The office, industrial and health care developer reported funds from operations – a common performance measure for real estate investment trusts – of $110.6 million, or 71 cents per share. Excluding […]
