Indianapolis Air Show called off; organizers cite sequestration
The air show was set for June 15-16 at Indianapolis Regional Airport near Mount Comfort east of Indianapolis. It has taken place annually since 1996.
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Federal budget cuts would hit military, education in Indiana
The White House has tallied the impact of automatic cuts to the federal budget set to take effect this week. Indiana will lose at least $100 million in support for the military, education, child care, seniors and services for other populations.
Lilly’s Alzheimer’s effort may gain from brain-mapping plan
Roche AG and Eli Lilly and Co., two drugmakers racing to develop treatments for some of the least understood brain disorders, may gain the most from a U.S. government boost in funding to fully map the human brain.
U.S. audit: Indiana should refund $5.8M to Medicaid
A federal audit released Friday recommends Indiana's human services agency refund more than $5.8 million in Medicaid funds because Logansport State Hospital did not show it had complied with special conditions for psychiatric hospitals.
Postal Service plans to eliminate Saturday delivery
The U.S. Postal Service will stop delivering mail on Saturdays but continue to deliver packages six days a week under a plan aimed at saving about $2 billion annually, the financially struggling agency says.
U.S. Postal Service hiring 400 workers in Indiana
The U.S. Postal Service says it's hiring 400 new employees across Indiana, including in Indianapolis, but job-seekers have to apply online by Sunday night.
Ex-gubernatorial candidates, biz leaders seek national debt fix
A group of Indiana political and business leaders are joining a national effort to pressure Washington, D.C., politicians to find a long-term debt fix.
SHORT: Obsolete laws, regulations stifle advance of ‘telehealth’
You might remember seeing Elroy Jetson sitting in front of a television in the Jetson home, with Astro, his trusty dog, and Jane, his mother, at his side, while the doctor appeared on the screen providing medical care to Elroy. This scene is no longer so futuristic.
Health insurance changes daunting for Indiana employers
A portion of the Patient Protection and Affordable Care Act requiring companies in 2014 to begin offering health insurance to more workers is causing a lot of anxiety.
U.S. unemployment rate remains at 7.8 percent
U.S. employers added 155,000 jobs in December, a steady gain that shows hiring held up during the tense negotiations to resolve the fiscal cliff.
‘Cliff’ deal sends stocks up, but problems lurk
The "fiscal cliff" compromise, even with all its chaos, controversy and unresolved questions, was enough to send the stock market shooting higher Wednesday, the first trading day of the new year.
Despite deal, taxes to rise for most Americans
While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying significantly more federal taxes in 2013.
Cliff avoided: Congress staves off tax hikes
Past its own New Year's deadline, a weary Congress sent President Barack Obama legislation to avoid a national "fiscal cliff" of middle class tax increases and spending cuts late Tuesday night in the culmination of a struggle that strained America's divided government to the limit.
No deal in sight as deadline for fiscal cliff nears
Lawmakers are engaged in a playground game of "who goes first," daring each political party to let the year end without resolving a Jan. 1 confluence of higher taxes and deep spending cuts that could rattle a recovering, but-still-fragile economy.
Stocks tumble after GOP cancels ‘fiscal cliff’ vote
House Speaker John Boehner scrapped a vote on his so-called “Plan B” on Thursday night after it became clear that it did not have enough support in the Republican-led House to secure passage.
Lugar’s storied political career comes to a close
Colleagues and friends say Lugar’s commitment to foreign policy, which earned him a Nobel Peace Prize nomination, and his belief in bipartisanship, which contributed to his thrashing by Tea Party favorite Richard Mourdock in the May primary, will be sorely missed when he leaves the Senate in January after 36 years.
Not-for-profits worry about impact of ‘fiscal cliff’
Middle-income taxpayers could pay thousands more in taxes starting in January. That could cause donations to non-for-profits to drop at a time when the organizations are still struggling to recover from the recession.
USDA chief: Rural America becoming less relevant
Tom Vilsack, former Democratic governor of Iowa, told farm belt leaders this past week that he’s frustrated with their internecine squabbles and says they need to be more strategic in picking their political fights.
Lugar starting Washington program for UIndy
Lugar is starting an internship program with the University of Indianapolis that will operate out of Washington, D.C. He has also agreed to deliver a handful of lectures each year as a distinguished professor at the private university.
U.S. economy adds 146,000 jobs as unemployment rate slips
The Labor Department’s report Friday offered a mixed picture of the economy. Hiring remained steady during November in the face of looming tax increases. But the jobless rate slipped in part because more people stopped looking for work.