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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.
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’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.
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.
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 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.
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 Mayor John Ditslear has fired the city’s economic development director, Kevin Kelly, after Kelly had
been on the job for about two years.
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.
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.
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.
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.
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.
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.
The home-grown retailer lately has sought to
supply cameras for government and law-enforcement entities as its once-reliable newspaper clientele scales back.
The prospect of a 2010 National Football League season without a players’ salary cap could cause high-profile free
agents for the Colts and other small-market teams to gallop off for greener pastures.
The economic downturn walloped all three of the mutual funds headquartered in Indiana. But they’ve each enjoyed significant
recoveries this year. And the smallest of the bunch has big plans to break away from the pack.
