IU sees big jump in private funding
Indiana University announced Monday that it has seen a 38 percent increase in private-sector grants and contributions from
a year ago, when such revenue declined during the recession.
Indiana University announced Monday that it has seen a 38 percent increase in private-sector grants and contributions from
a year ago, when such revenue declined during the recession.
The U.S. Department of Agriculture says the grants will bring the high-speed Internet service to about 2,500 homes and about
80 businesses.
A spokesman says those coming in have higher SAT scores and are more likely to have earned an academic honors diploma in high
school than past classes.
So far, the state has spent $20.3 million to buy 209 parcels. Another $69.7 million is budgeted for purchases through June
30, 2011.
Indianapolis-based Browning Investments plans to turn the former Executive Inn back over to the city after being unable to
arrange financing for the project.
The IHSAA announced Friday that Bobby Cox would replace Blake Ress as commissioner in February when Ress retires after 10-1/2
years in the position.
The disappointing jobs data magnifies worries that slowing growth could end up leading the country back into recession during
the second half of the year.
Superintendent Paul Whitesell said Thursday that the lightning-fast communication of the State Police's Facebook page
and its Twitter account give the agency one more way to "reach out to the public."
The Big Ten announced Thursday that the conference and the Indiana Sports Corp. will spend the next 30 days working out details
of the one-year deal. After that, the Big Ten will conduct thorough research to determine future locations.
Indiana is talking to federal officials about expanding its health plan for low-income adults, despite Gov. Mitch Daniels'
statements that the federal health care overhaul would kill it.
Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and
some companies are still cutting workers.
Medicaid Director Pat Casanova says the money will be used for necessary state steps to create an incentive program for medical
providers and hospitals to move from paper records to electronic ones.
The State Budget Agency reported Wednesday that Indiana collected $917 million in July, $15 million below the most recent
revenue projections.
Anderson-based Bright Automotive is getting a boost from a $5 million investment by General Motors’ new venture capital arm.
The Common Core State Standards are intended to replace education goals that vary wildly from state to state with a uniform
set of expectations. The standards have already been adopted by many states, with a majority expected to sign up soon.
The bankruptcy trustee said Durham spent $2.8 million on gambling and resorts, $3.3 million on interior decorating and $14
million on real estate.
Personal spending was unchanged in June, the Commerce Department reported Tuesday. It was the third straight month of lackluster
consumer demand. Incomes were also flat, the weakest showing in nine months.
Indiana University has won a $9.2 million federal grant to lead two high-speed global networks intended to boost scientific
collaborations between U.S., European and Asian researchers.
NFL officials and the Indianapolis Super Bowl Host Committee have a contingency plan if a work stoppage postpones the 2012
Super Bowl.