President Barack Obama proposed sweeping new “rules of the road” for the nation’s financial system today, casting the changes as a critically important response to the economic crisis and the greatest regulatory transformation since the Great Depression. Obama blamed the financial crisis on “a culture of irresponsibility” that he said had taken root from Wall […]
A proposal to help a struggling Indianapolis sports board hit a legislative speed bump yesterday, while a plan to move a Gary casino seems to have reached a dead end. The Democrat-led House Ways and Means Committee made several changes to Republican Gov. Mitch Daniels’ plan to help the Indianapolis Capital Improvement Board, which runs […]
Tomato growers will have their moment in the spotlight at this year’s Indiana State Fair. The fair this year is celebrating the “Year of Tomatoes” with events each day featuring the Indiana fruit. Highlights will include the largest tomato contest – open to fruits weighing five pounds or larger – and a salsa recipe contest. […]
A proposal to help a struggling Indianapolis sports board hit a legislative speed bump today, while a plan to move a Gary casino seems to have reached a dead end. The Democrat-led House Ways and Means Committee made several changes to Republican Gov. Mitch Daniels’ plan to help the Indianapolis Capital Improvement Board, which runs […]
Industrial production tumbled a larger-than-expected 1.1 percent in May as the recession crimped demand for a wide range of manufactured goods, including cars, machinery and household appliances. The Federal Reserve’s report today showed production at the nation’s factories, mines and utilities has fallen for seven straight months. Output also turned out to be a bit […]
A powerful Indiana House committee is scheduled to meet today to discuss possible solutions for a cash-strapped Indianapolis sports agency. A Ways and Means meeting this afternoon is expected to focus on a way to fix the Capital Improvement Board, which runs the city’s convention center and professional sports stadiums. The bill as proposed in […]
Democrats who control the Indiana House advanced their version of a new state budget to the full chamber yesterday with little sign that it will gain much if any support from outnumbered Republicans. The House Ways and Means Committee endorsed the plan on a 15-10 party-line vote after approving several amendments to the one-year spending […]
General Motors’ plant in Fort Wayne is in the running for a proposed $46 million expansion even as the automaker closes plants as part of its reorganization under federal bankruptcy laws. GM is seeking a 10-year tax break on $27 million in equipment needed for the expansion, which would “furnish and install machinery, equipment and […]
The owners of one of Indiana’s most successful riverboat casinos are preparing to replace it with a new $335 million boat that’s the size of two football fields. The new Hollywood casino in Lawrenceburg won’t just replace the 13-year-old Argosy casino when it opens June 29 – it will also raise the stakes in a […]
A state school for troubled and needy youth would have to be reopened under legislation endorsed by an Indiana House Committee. Gov. Mitch Daniels’ administration closed the Soldiers’ and Sailors’ Children’s Home east of Indianapolis late last month, in part because of costs. The administration plans to convert the school to a National Guard military […]
Republican Gov. Mitch Daniels’ budget proposal includes a scholarship tax credit that supporters say would give poor students the opportunity to attend private schools, but opponents say would open the door to vouchers. Daniels’ budget proposal includes a 50-percent tax credit for donations to a not-for-profit scholarship-granting organization that helps students from low-income families attend […]
Elkhart-based Coachmen Industries Inc., no longer part of the slumping recreational vehicle industry, could start hiring soon as part of a $3.5 million expansion that it expects to create more than 200 jobs in northern Indiana. The Elkhart County Council has approved $135,661 in local property-tax abatements over 10 years on the company’s promise to […]
Normal 0 false false false MicrosoftInternetExplorer4 Democrats who control the Indiana House are prepared to consider changes to their proposed one-year state budget proposal. The House Ways and Means Committee planned to consider amendments to the bill today, and then possibly vote to send the measure to the full House for consideration. The one-year plan […]
Democrats in the Indiana House have revived the idea of creating an Indiana bridge authority that would negotiate with Kentucky for major Ohio River bridge projects linking the two states. Democrats included language creating the bridge authority in their one-year spending plan introduced Thursday that’s being considered in the General Assembly’s special session. Gov. Mitch […]
Rose-Hulman Institute of Technology in Terre Haute has named 1979 alum Matt Branam as interim president. Branam has been a vice president at UPS and chief operating officer at the American Red Cross under Elizabeth Dole. Gerald Jakubowski is leaving as president of the engineering school in Terre Haute to become provost of the California […]
The city of Fort Wayne is planning another attempt to have a referendum on gambling approved during the special session of the Indiana Legislature, which begins today. Mayor Tom Henry, whose earlier request was ignored during the regular session, says he’ll travel to Indianapolis to personally push for a referendum to see if voters want […]
Indiana Treasurer Richard Mourdock’s failed quest to stop Chrysler’s bankruptcy proceedings will cost state taxpayers $2 million in legal fees, but he has no regrets about what some saw as a Quixotic effort. That sum is on top of the $5.6 million a road construction fund and pension funds for retired teachers and state troopers […]
Indiana lawmakers will convene for a special, budget-writing legislative session today that stands to cost taxpayers at least $12,000 a day in a state that has seen its revenue plunge in the past year. The decisions they ponder will involve how billions of taxpayer dollars are to be spent, but there are few signs that […]
Advisers to the Food and Drug Administration said yesterday that three blockbuster psychiatric drugs appear safe and effective for children and adolescents, despite side effects that can increase the risk of diabetes. The FDA’s panel of psychiatric experts voted to approve the use of drugs from AstraZeneca, Eli Lilly and Pfizer for treating schizophrenia and […]
Three African-American families have filed a civil rights lawsuit accusing children’s restaurant Chuck E. Cheese’s and a former Indianapolis store manager of mistreating them because they are black. The lawsuit filed this week in U.S. District Court alleges Ken McGill, who was a manager at two different stores, refused to serve them, treated them rudely […]
