Lenders must notify homeowners of their right to request a settlement conference within 30 days of filing a foreclosure notice under a new Indiana law that state officials promoted Wednesday. The conferences give homeowners a chance to renegotiate terms, such as their interest rates or payments, and keep their homes. State officials also said about […]
An Indiana committee that oversees government spending will seek detailed explanations next week from public colleges and universities on why they have raised or proposed to raise tuition. Republican state Sen. Luke Kenley of Noblesville, chairman of the State Budget Committee, said today that the panel wants the colleges to justify their tuition increases at […]
A southern Indiana city is considering whether to convert its municipal power plant so that it could burn waste wood instead of coal. Jasper city officials say the plant has been shut down for all but a few weeks this year because low electricity prices have made it too expensive to operate. Doug Tischbein of […]
A former member of the Indianapolis City-County Council has been elected to fill a vacancy in the Indiana State Senate. Republican precinct committee members elected Scott Schneider during a caucus last night to replace Teresa Lubbers, who resigned from the Senate to become the state’s higher education commissioner. Schneider’s term representing Senate District 30, which […]
The minimum wage for Indiana workers is going up. The state’s minimum wage will increase from $6.55 per hour to $7.25 per hour on Friday. It coincides with a 10.7-percent increase in the federal minimum wage to $7.25 per hour. The Indiana Minimum Wage Law applies to the minority of Hoosier employers and employees not […]
The Duffy Tool and Stamping plant in Muncie will close by the end of October, costing about 130 workers their jobs, company officials said. Duffy’s parent company, Cleveland-based Brittany Stamping LLC, told the Muncie Star Press that the decision to close was caused by poor national economic conditions “created by the collapse of the banking […]
Barge builder Jeffboat is laying off about 120 workers at its southern Indiana manufacturing facility along the Ohio River. The job cuts will leave the division of American Commercial Lines Inc. with about 1,100 workers at the Jeffersonville facility. Company spokesman David Parker blamed the recession and fluctuating demand for the layoffs announced yesterday. The […]
A recreational vehicle industry supplier plans on hiring about 240 people in northern Indiana as it shifts some production from Sweden. Dometic Corp. will spend at least $9 million on equipment for a factory in Elkhart to make refrigerators, awnings, air conditioners and other products. Company president Douglas Whyte said the factory could start production […]
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 […]
