Military contracts have helped shore up sagging sales at University Loft Co., the furniture maker federal agents raided two
weeks ago. Still, University
Loft’s work force is almost 50 percent off its recent peak.
The U.S. Senate recently confirmed her appointment to the No. 2 job.
Rep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of
Ohio in calling for the law’s repeal.
A bill advancing in Congress that would restore unemployment benefits for millions of Americans could help about 80,000 Indiana
residents who have been out of work more than six months.
The Senate is poised to pass legislation restoring jobless benefits for millions of people unable to find work in the frail
economic recovery.
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
The U.S. Postal Service lost $3.8 billion last fiscal year despite cutting 40,000 full-time positions and making other reductions.
It has continued to face significant losses this year.
Pessimism about economic recovery grows as employment numbers for June fall short of expectations.
The program currently includes 1,200 physicians—about 10 percent of all doctors in Indiana.
Central Indiana might be in line to tap hundreds of millions of dollars in federal grants and loan guarantees to energize
the rollout of plug-in electric cars and trucks. Both chambers of Congress are considering measures that would require the
Department of Energy to select up to 15 cities nationwide to participate in a national electric vehicle deployment program.
Senate Democrats are working on a new way to jump-start their stalled election-year jobs agenda while saving unemployment benefits for hundreds of thousands of laid-off workers. The plan combines in one bill the unemployment benefits with an extension of a popular tax credit for people who buy new homes.
As doctors threaten to drop Medicare patients, Congress delays cuts for another six months.
A day after doctors were alerted to a black-box warning that could slow sales of Effient’s main competitor,
Plavix,
a medical journal published research showing that patients suffered 43-percent more cancer tumors on Effient than on Plavix.
More than a dozen local companies have begun work on a three-year modernization of the Birch Bayh Federal Building and U.S.
Courthouse in the state's largest individual project funded by the federal stimulus.
Americans spent a little more in May but not enough to speed along the economic recovery.
Bill headed for Obama's desk would reform financial regulation in effort to protect consumers, curb risks, boost surveillance
of threats to markets, and give regulators more emergency powers to avoid future bank bailouts.
The recent chatter followed the bank board’s decision to award CEO Milton J. Miller II a severance agreement entitling him to extra pay in the event of a merger.
Sen. Richard Lugar is urging President Obama to endorse a bipartisan climate change bill that doesn’t add another financial
burden during tough times and does not include the new carbon-based fuel taxes sought by Democratic leaders.
The Indiana Municipal Power Agency will use funds through the American Recovery and Reinvestment Act to retrofit streetlights
in 20 communities that it serves.
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.
