The U.S. economy grew at a 2.2 percent pace in the third quarter, as the recovery got off to a weaker start than previously
thought.
However, signs suggest the economy will end 2009 on stronger footing.
The U.S. economy started the year in free-fall but is on track to end 2009 on stronger footing.
Rolls-Royce Corp.’s Indianapolis operations will manufacture 78 turboshaft engines for U.S. Navy and Air Force helicopters
under the terms of a mammoth $160.6 million military contract.
Landmark health care legislation backed by President Barack Obama passed its sternest Senate test in the pre-dawn hours early
Monday, overcoming Republican delaying tactics on a 60-40 vote that all but assures its passage by Christmas.
Obama is going wobbling on forcing fiscal responsibility on states, and Hoosiers might get stuck with the bill.
The plan to nationalize the federal student loan program threatens to force Sallie Mae
to hack its network of 26 offices down to five. Yet the company’s Indiana operations have several advantages that could
help weather the cuts.
Hoosier Energy, which supplies electricity to customers in 48 counties in central and southern Indiana, has settled a dispute
that had threatened to plunge the utility into bankruptcy.
HealthNet said it will use the funds to expand and renovate two community health centers that have outgrown their space.
The pharmaceutical industry may have to cough up more than the $80 billion it agreed to contribute to President Barack Obama’s
health overhaul effort, reflecting pressure from Democrats and their supporters for more money to cover older and low-income
people.
A lawsuit aimed at stopping invasive carp from reaching Lake Michigan could bring some forms of shipping to a grinding halt.
Indianapolis Power & Light faces potential fines and capital expenditures after allegedly updating three generating
plants over 23 years without adding the most modern pollution controls.
Under the current proposal, the same type of groups that made the CDC’s recommendations will outline guidelines about which treatment will be offered under a government program.
The number of people claiming jobless aid has tripled since the recession began. The demand has drained the funds that many
states use to pay jobless claims. Nearly half the states, including Indiana, are borrowing from the federal government.
Former state representative and lobbyist Luke Messer thinks Sarah Palin could carry Indiana in a presidential primary.
The state has altered some education rules to get in line with the federal Department of Education’s $4 billion “Race to the
Top” grant program.
The decision to sidetrack a 110-mph Chicago-Indianapolis-Cincinnati train hasn’t received any attention
locally. High-speed rail could someday become an economic development engine here, but it has
not gained as much attention here as improved highways or a commuter rail line from downtown to Noblesville.
U.S. Transportation Secretary Ray LaHood is holding a forum Thursday to discuss the state of the airline industry, which is
mired in a severe economic slump and blamed for using a business model critics say undermines safety.
Indiana taxpayers filed a record 2.2 million electronic federal tax returns this year.
A government health insurance plan included in the House health care reform bill is unacceptable to a few Democratic moderates who hold the balance of power in the Senate.
Federal legislation will provide up to 20 weeks of additional unemployment benefits in Indiana. The extension means eligible residents will be able to claim up to 99 weeks in benefits.
