Deficit committee could bite CNO
Medicare supplement policies are reportedly one of the targets of Congress’ special deficit-reduction committee—and that’s not good news for Carmel-based CNO Financial Group Inc.
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Lawmakers seek probe into banks’ new debit card fees
A widespread move among major banks to charge customers a fee for using their debit cards has stirred Democratic lawmakers to seek a Justice Department investigation on possible collusion.
Mourdock raises $438K for Lugar primary challenge
Richard Mourdock, the tea party-backed challenger to U.S. Sen. Richard Lugar, reportedly closed the last federal reporting period with $300,000 in the bank. Lugar has close to $4 million.
More Hoosier investment advisers will be regulated by state
The federal Dodd-Frank act shifts firms from Securities and Exchange Commission oversight.
Lugar raises $840K for Senate re-election bid
Sen. Richard Lugar has $3.8 million in the bank as he fights the tea party-backed Richard Mourdock to remain the Republican contender for his seat.
Senate nears vote to defeat Obama’s jobs bill
Despite President Barack Obama's exhortations, the Senate prepared to swiftly kill his jobs package Tuesday and the White House and congressional leaders were already moving on to other ways to cut the nation's painfully high unemployment without raising taxes.
Feds won’t resolve dispute over extending I-69
Agency says state officials need the Bloomington-Monroe County Metropolitan Planning Organization’s backing to spend federal money on a section of interstate intended link with Indiana 37 near Bloomington.
Lilly gets dinged for job cuts
Eli Lilly and Co. got called out in a recent report on companies that took advantage of the 2004 tax holiday on foreign profits and have since slashed jobs.
Economy added 103,000 jobs in September
The burst of hiring followed a sluggish summer for the economy—and at least temporarily calms fears of a new recession that have hung over Wall Street and the nation for weeks.
Study: Defense spending fuels 56,000 Indiana jobs
A new report says that federal military and security spending resulted in $4.4 billion in contracts for Indiana companies last year.
Indiana doles out $60 million interest payment to feds
The state owes $2 billion in federal unemployment insurance debt.
U.S. OKs $196M for high-speed Chicago-Detroit rail
The U.S. Department of Transportation has approved $196.5 million for part of a high-speed Amtrak passenger rail link between Chicago and Detroit, U.S. Sens. Carl Levin and Debbie Stabenow from Michigan said Wednesday.
Farm subsidies may face cuts amid record profits
U.S. farmers earning record profits are fighting to maintain agricultural subsidies, a likely target of the congressional supercommittee working to reduce federal spending.
Angling to be VP: Republicans run without campaigning
More than a year from Election Day, all sorts of Republicans, including Indiana Gov. Mitch Daniels, are making a point of keeping themselves in the national spotlight, stoking speculation that they are potential running mates for the eventual GOP presidential nominee.
Medical supplier Hill-Rom makes $42M fraud settlement
Hill-Rom Holdings Inc., a medical-equipment company based in Indiana, agreed Tuesday to pay nearly $42 million to settle a government lawsuit. The government had accused the company of knowingly submitting false claims to Medicare from 1999 to 2007.
Postal service union workers plan rallies around Indiana
Organizers from the AFL-CIO say the rallies in 13 locations around Indiana are part of a national effort seeking support for congressional action to shore up the struggling agency.
Non-candidates Christie, Daniels loom over presidential race
Governors Chris Christie of New Jersey and Mitch Daniels of Indiana have ruled themselves out of the 2012 race for the White House. Yet both Republicans are keeping themselves in the public eye.
GAO finds cost estimates for F136 engine outdated
Some members of Congress hope to revive work on the alternate engine for the F-35 Joint Strike Fighter, which Rolls-Royce in Indianapolis worked on for nine years before the project was halted in April.
Daniels outlines fix for national debt in new book
Indiana Gov. Mitch Daniels writes in his new book that massive entitlement spending reform is needed to avert a national economic disaster.
Libertarian Horning enters U.S. Senate race
The frequent candidate for political office in Indiana used his campaign announcement to assail the two-party system that dominates the American political system.