U.S. economy adds 195K jobs; unemployment rate steady
The job growth suggests a stronger economy and makes it more likely the Federal Reserve will slow its bond purchases before year’s end.
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TerraCom defends sales surge, strategy to state regulators
An executive for the phone service company told regulators Wednesday that the firm's depth of experience—not fraudulent tactics—led to the creation of 30,000 federally subsidized accounts last year.
Obama administration delays health law business mandate
In a major concession to business groups, the Obama administration Tuesday unexpectedly announced a one-year delay, until after the 2014 elections, in a central requirement of the new health care law.
Worker furloughs near at Indiana’s Crane base
The furloughs caused by automatic federal budget cuts will start the week of July 8 and continue through September. The base’s nearly 3,100 Navy employees and 800 Army workers will see a 20-percent pay cut during that time.
High court invalidates law denying gay-marriage benefits
The Supreme Court ruled Wednesday that legally married same-sex couples should get the same federal benefits as heterosexual couples.
Feds pick up larger share of U.S. 31 project, saving state $23M
U.S. Transportation Secretary Ray LaHood approved increasing the federal share of the U.S. 31 improvement project to 90 percent from 80 percent.
Feds used wire tap, undercover agent in Land Bank probe
A federal public-corruption task force used a wire tap and an undercover FBI agent to unravel a fraud scheme authorities say was orchestrated by two city employees and three co-conspirators.
Feds charge 5 in Indy Land Bank kickback scheme
Federal prosecutors have charged two city employees in the Department of Metropolitan Development and three others in a scheme involving cash kickbacks on the sale of properties in the Indy Land Bank.
Ex-councilor Bateman sentenced to 27 months in prison
Paul C. Bateman Jr. had pleaded guilty in January to his part in defrauding an Indianapolis physician of $1.7 million.
Study rebuts hospitals’ argument on Medicare, rising costs
Rather than raising prices on private health insurers to make up for inadequate payments from the government, hospitals across the country have been raising prices just because they can, according to a new study.
UPDATE: Brizzi lieutenant agrees to guilty plea in bribery case
David Wyser, the top deputy under former Marion County Prosecutor Carl Brizzi, was charged with bribery for his role in the early release of a woman convicted in a murder-for-hire scheme.
FARRA: Don’t expect big dividends from banks anytime soon
Banks will not return to their status as reliable sources of shareholder dividends for three years or longer.
Obamacare exchanges could zap WellPoint profits
According to one estimate, the Indianapolis-based health insurer will shed $400 million in pre-tax profits by 2017.
Senate bill jeopardizes tax-free online shopping
States could force Internet retailers to collect sales taxes under a bill that overwhelmingly passed a test vote in the U.S. Senate on Monday.
Feds probing Indiana’s workplace safety agency
The federal government’s workplace safety agency is investigating its Indiana counterpart—a department that documents indicate is trying to boost its inspections without hiring new staffers.
Airport towers in Columbus, Gary get reprieve from closure
Gary-Chicago airport in northwest Indiana and Columbus Regional Airport south of Indianapolis were among 149 airports where towers had been scheduled to close beginning this weekend due to automatic federal spending cuts.
Medical finance driving major changes in health care marketplace
Brian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy took place.
New $100M plan to map human brain could boost Lilly
President Obama on Tuesday announced a campaign designed to develop treatments for some of the least understood brain disorders, an effort that could benefit health care giants Eli Lilly and Co. and others.
Judge: Indiana senators can’t defend immigration law
A federal judge has rebuffed three Indiana lawmakers who asked to be allowed to step into a legal dispute over the state's immigration law after the attorney general declined to defend it.
Higher payroll taxes take toll on restaurants
So far, 2013 has been “a roller coaster ride” for Indiana eateries, according the state trade association’s president. Industry observers say a 2-percent increase in the payroll tax is a likely culprit in a nationwide sales decline.