AARP backs retirees in court fight over IPL benefits plan
The AARP says IPL "perverted" a promise to its retirees regarding post-retirement benefits. The retirees have appealed their case to the Indiana Supreme Court.
The AARP says IPL "perverted" a promise to its retirees regarding post-retirement benefits. The retirees have appealed their case to the Indiana Supreme Court.
A new state program is encouraging lenders to promote the stability of their conventional mortgages to help Indiana's
housing market rebound from a foreclosure crisis instigated by risky loans.
Faced with a $3.2 million budget shortfall, IndyGo proposes the elimination of the Airport Express route, the Route 87 Eastside
Circulator and the IndyGo Commuter Express to Carmel and Fishers.
The proposed sites include the Indianapolis Stamping plant on the west side and the former GM Delco Plant 5 in Kokomo.
Dr. Rob Stone wants the giant health insurer to convert to not-for-profit status and put him, an advocate of national health
insurance, on the company’s board.
Board member William “Bucky” Bush, uncle of former President George W. Bush, appeared OK after a shortened meeting in which
shareholders approved
a “say-on-pay” proposal. Protesters gathered outside WellPoint’s headquarters after the meeting.
Veolia Water is contesting three "serious" safety penalties involving a gas line strike. IOSHA alleges utility failed
to instruct employees and properly determine location of lines.
The lawsuits, filed in Marion Superior Court, say board members have breached fiduciary duties by making no recommendation
on deal that, they say, will enrich Chairman Jeff Smulyan at the expense of minority shareholders.
Duke Energy has dramatically scaled back its proposed “smart” electric grid rollout, five months after regulators rejected
an initial, $445 million plan.
Analysts predict Simon Property Group Inc. will pay off debt and wait patiently for its next opportunity after withdrawing
separate offers to either acquire General Growth Properties or finance its exit from bankruptcy. A New York judge had endorsed
a rival plan that allows General Growth to stay independent.
Just two years ago, the future seemed as bright for the Indy Racing League. But that was then. This is now.
Two of the principal obligations of government are that it should be accountable to its citizens, and that it should operate
at a reasonable level of efficiency.
In light of Biglari Holdings’ recent decision to implement a new incentive bonus agreement for its CEO and chairman,
Sardar Biglari, I am concerned.
Veolia Water Indianapolis takes issue with last week’s (May 10) story on the Department of Waterworks’ (DOW)
rate case, and notes with regret that the reporter neglected to contact us on what is an important public issue.
More than two years into his term, Mayor Greg Ballard has shown a creative flair and a pragmatic streak the city needs.
Republican Sen. Mike Delph of Carmel said he’ll introduce such legislation for Indiana if Congress and the Obama administration
do not act on illegal immigration.
Recession's over. Time for law firms to get cracking on raising rates again. As was the case before the recession, the
increases are outstripping inflation.
Capital Improvement Board votes not to restore IBE’s annual $150,000 grant, but agrees to provide the organization
with in-kind services equaling the amount.
Investment in transmission and casting plants, however, hinges on city’s ability to offer tax abatement.
The U.S. health overhaul’s mandate that insurers spend 80 percent of premiums on medical care may
need to be loosened
to keep companies from quitting the market for people who buy coverage on their own, state regulators said.