The new owner of a northeastern Indiana recreation vehicle maker is hiring about 650 people for its Decatur plant, although former workers are not guaranteed to be rehired. A New York-based capital fund said it completed its $33 million purchase of Fleetwood Enterprises Inc. last week. The renamed Fleetwood RV Inc. has already accepted more […]
More than 200 information technology staffers will gather today at Purdue University to build a room-sized supercomputer that is expected to be the largest campus computer in the Big Ten. The new supercomputer, called “Coates,” will be built from more than 10,000 computer processors. Purdue’s previous supercomputer, “Steele,” had 6,500 when it was built last […]
Ivy Tech Community College’s Lafayette campus is reaching out to a state in Mexico to start a cultural and education program focusing on agriculture. Administrators from Ivy Tech’s Lafayette campus and officials from the state of Hidalgo, Mexico, signed an agreement yesterday that starts the exchange program. The agreement will allow Ivy Tech and a […]
The president of the Indianapolis Motor Speedway announced today that he will step down after this weekend’s Allstate 400 at the Brickyard, the second top administrator to depart the speedway in a month. Joie Chitwood, a longtime Speedway official, became president and chief operating officer of IMS in December 2004. He said he is resigning […]
A lawsuit accuses Dallas Mavericks owner Mark Cuban of wrongfully diverting millions of dollars from the NBA franchise’s home arena to make up for shortfalls incurred by the team. Hillwood Center Partners filed the lawsuit last week in state district court in Dallas. The company is controlled by the team’s former owner, Ross Perot Jr. […]
An effort to put all the state’s courts on the same computerized case-management system and make court records available free online has reached only nine counties after seven years. Supporters say the task is overwhelming and progress has been made despite a five-year false start. But at least one key lawmaker believes it’s time to […]
Indiana is getting more than $9.5 million in federal grants to help revitalize communities and create jobs. The funds from the U.S. Department of Housing and Urban Development are from the federal stimulus package. Indiana Sen. Evan Bayh said many Indiana communities that were already struggling before the recession face significant challenges to recovery. He […]
A construction contract to widen a heavily traveled two-lane bypass around two sides of Indiana University’s main campus in Bloomington will be awarded next month. Indiana Department of Transportation spokesman Marvin Jenkins said work on the Indiana 45/46 Bypass project should begin within two months after the contract is awarded Aug. 12. The approximately $44 […]
Indiana is getting more than $4 million in federal stimulus funds to help the state clean up some of its leaking underground gasoline storage tanks. The money is part of $197 million in stimulus funds appropriated nationwide for shovel-ready sites tainted by petroleum products leaking from underground storage tanks. Fuel can ooze from tiny holes […]
Students at Indiana University and Ivy Tech Community College will pay at least 4 percent more in tuition and fees over the next two years. IU Trustees voted today to increase tuition and fees by 4.6 percent this coming school year and 4.8 percent next year at the main campus in Bloomington and at IUPUI. […]
The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming foreclosure crisis affected more than 1.5 million homes in the first six months of […]
A northern Indiana recreational vehicle show that has been held for 54 years is canceling its August event.The Midwest RV Super Show and Rally at the Elkhart County 4-H Fairgrounds in Goshen has long been a major event for dealers and RV makers in an area considered the manufacturing center of the industry. Recreation Vehicle […]
Indianapolis officials are hoping to land $8 million in energy-efficiency and conservation-block grants from the federal stimulus program. The city has submitted eight projects to the U.S. Department of Energy for funding consideration. A total of 450 counties are eligible for the grants. The largest expenditure is $3.3 million for construction of 17 miles of […]
Indiana University is expected to approve a tuition hike of more than 4 percent today after hearing public testimony about the proposed increases. IU’s Board of Trustees will vote on the proposed increases of 4.6 percent this year and 4.8 percent next year at IU-Bloomington and IUPUI. That would bring annual tuition to about $8,600 […]
A new Indiana Department of Transportation appointee will initially focus his efforts on the Interstate 69 expansion through central and southern Indiana. INDOT Commissioner Michael Reed has chosen Sam Sarvis as the agency’s deputy commissioner for major program management. His appointment was announced yesterday. Reed said Sarvis has experience with local and state highway construction. […]
Investors are finally getting the news they’ve been craving. Stocks surged for the second time in three days today as investors pounced on evidence that the economy might not be as weak as feared. Strong earnings and an upbeat forecast from Intel Corp. and a more favorable take on the economy from the Federal Reserve […]
AT&T Inc. and its largest union have tentatively agreed on a new contract for 18,500 employees in the Midwest, including about 2,500 in Indiana. Leaders of the Communications Workers of America, which has gone three months without a contract, reached the deal after nearly five months of negotiations with AT&T. Union members will vote on […]
The Senate health committee cast a milestone vote today to approve legislation expanding insurance coverage to nearly all Americans, becoming the first congressional panel to act on President Barack Obama’s top domestic priority. The 13-10 party line vote advanced a $600 billion measure that would require individuals to get health insurance and employers to contribute […]
A union official says about 100 hourly workers are being recalled by Fort Wayne Foundry Corp. to one of its northern Indiana factories. Those workers will be back on the job as a Columbia City plant resumes production to fill a six-month contract making water pumps for General Motors Corp. United Auto Workers Local 2242 […]
The Labor Department said today that inflation at the consumer level rose by 0.7 percent last month, slightly higher than the 0.6-percent increase that economists were expecting. It was the biggest one-month gain since a 0.7-percent increase last July. The big jump was seen as a temporary blip, however. Inflation is not expected to be […]
