Buffet’s Berkshire buying railroad for $34B
Warren Buffet’s Berkshire Hathaway says it has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at
$34 billion.
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Factory orders rose 0.9 percent in September
Orders to U.S. factories rebounded in September, helped by strength in autos, heavy machinery and military aircraft.
FDA questions role of payments in Zimmer study
Federal health officials say an implant from Indiana-based Zimmer Holdings Inc. appears to be effective in treating spinal
problems, but questions remain about whether company payments to doctors influenced the device’s trial data.
Educators criticize proposed licensing changes
A proposed revamping of Indiana’s teacher licensing standards that would reduce the amount of required courses on how to teach
drew sharp criticism from educators Monday, with one teacher at the last of three public hearings on the plan calling it a
“slap in the face.”
September construction spending edges up
Construction spending in September posted a better-than-expected performance, powered by the largest jump in housing construction
in more than six years.
Indiana among 15 states accusing Amgen of illegal kickbacks
Biotechnology behemoth Amgen Inc. is being sued by 15 states, including Indiana, alleging the company gave kickbacks to medical
providers to help boost sales of the Aranesp.
Ford surprises with $1B quarterly profit
Ford, the only Detroit automaker to dodge direct government aid and bankruptcy court, surprised investors with a profit of
nearly $1 billion in the third quarter.
Five Indiana counties form biz-development group
The newly formed Interstate 74 Business Corridor includes Shelby, Rush, Decatur, Ripley and Dearborn counties, as well as
the city of Batesville.
Fewer schools offering $1 health coverage for administrators
Nearly 60 of Indiana’s 354 public school districts now require administrators to pay more than $1 for their health insurance.
That’s a big shift from a decade ago.
Debate heats up over revamped teacher license rule
The proposal has sparked fierce opposition and created a turf battle that could come to a head Monday when the state holds its final public hearing on the issue in Indianapolis.
Stimulus funds 18,900 jobs in state, White House claims
President Barack Obama’s federal stimulus package has steered about $848 million to Indiana so far and created or retained
nearly 18,900 jobs, the White House said. But an analysis found the report is still full of errors.
Two Indiana colleges land $6.3M for geothermal systems
The U.S. Department of Energy has awarded $6.3 million to two Indiana colleges to install environmentally friendly geothermal energy systems.
Health care businesses at risk in House proposal
The health care overhaul bill produced by House Democrats would impose an array of new taxes, fees and government mandates
on major players in the health industry, including drug companies and big medical-device makers headquartered in Indiana.
Rail line damaged in highway tanker explosion
Officials with the Indiana Transportation Museum say heat from last week’s tanker truck explosion on Indianapolis’ northeast
side damaged about 200 feet of railroad track.
Economy grows in 3Q, signals end of recession
The economy grew at a 3.5-percent pace in the third quarter, the best showing in two years, fueled by government-supported spending on cars and homes.
Chrysler returns $5.5M in bonds to Tipton County
Chrysler has returned $5.5 million in bonds to an Indiana county to settle a dispute over millions of dollars the county spent
toward a transmission plant that a Chrysler supplier stopped building last year.
Judge orders state to improve food-stamp processing
A federal judge has ordered Indiana’s partially privatized welfare intake system to speed up decisions on food-stamp applications,
but the state has a year to meet its first target.
GM to draw government funds for Delphi costs, source says
General Motors Co. will announce later this week that it will draw from its government funding to pay the cost of buying a
chunk of troubled parts supplier Delphi Corp., a person briefed on the company’s finances said Wednesday.
Former bank manager pleads guilty to theft, arson
A former assistant manager of a Fifth Third Bank branch in Indianapolis has pleaded guilty to setting fire to the bank vault
in an attempt to cover his thefts.
Bauer not only one pitching lobbying reform
It seems like everybody at the Indiana Statehouse wants to talk about lobbying ethics these days.