Indiana legislators say they are trying to fix a situation in which landlords facing foreclosure on their rental properties sometimes give tenants little or no notice that they need to find a new place to live. Lawmakers want to give renters a heads up before they are kicked out of their homes. So the Indiana […]
Steel Dynamics Inc.’s stock price jumped today after it beat Wall Street’s expectations of its fourth-quarter results, though the steelmaker posted a loss because of one-time charges. The Fort Wayne-based company reported a loss of $82.7 million, or 45 cents per share, in the quarter compared with profit of $97.9 million, or 50 cents per […]
Federal officials want to talk to Indiana Department of Environmental Management officials about plans to dissolve the agency’s enforcement office and other proposed enforcement changes. Environmental Protection Agency regional administrator Bharat Mathu said in a letter to IDEM that his office wants to talk about the changes to determine their impact on federal programs. Environmental […]
A Republican lawmaker has defied Gov. Mitch Daniels and filed a bill to slow the rollout of Indiana’s new welfare intake system, but the leader of the GOP-controlled state Senate is skeptical the legislation is needed. The bill by Rep. Suzanne Crouch, R-Evansville, would stop the Family and Social Services Administration from automating welfare intake […]
Stepping into history, Barack Hussein Obama grasped the reins of power as America’s first black president today, declaring the nation must choose “hope over fear, unity of purpose over conflict and discord” to overcome the worst economic crisis since the Great Depression. In frigid temperatures, an exuberant crowd of more than a million packed the […]
Evansville-based Berry Plastics Corp. is planning an $80 million expansion of its thermoforming operations next year. The company says the site of the expansion has yet to be determined, but it expects the project to add more than 150 jobs to its work force. Berry, which ranked first on IBJ’s 2008 list of the largest […]
Gary officials are asking a state board to increase property tax caps that limit annual tax bills for the city’s homeowners and businesses.City officials went before the state’s Distressed Unit Appeals Board Monday, seeking an exemption from the caps imposed by the General Assembly last year.Gary officials say the city may lose $30 million under […]
A state-funded study of Indiana’s charter schools has found that “no practical difference” exists between the alternative
schools and traditional public schools.
Indiana Gov. Mitch Daniels has no plans to repeat Indiana’s tax-amnesty program that recovered about $245 million from delinquent
payers in 2005.
A bill that would require legislators who leave office to wait at least one year before they could become lobbyists got a
chilly reception in a Senate committee last session and went no further.
Gov. Mitch Daniels said he generally supports a federal stimulus package that would include some money for Indiana and other
states, particularly for infrastructure projects such as highways and bridges.
Descendants of World War I flying ace Harvey Weir Cook celebrated the Veterans Day dedication of a new passenger terminal
bearing his name, a belated consolation for the removal of his name from Indianapolis International Airport that he helped develop more than 60 years
ago.
Eldorado Resorts LLC, a Nevada company, has a long-running bid to take over Casino Aztar in Evansville, and the bid now appears
to be heading for approval by state regulators.
A federal task force approved voluntary guidelines Nov. 12 for airlines and airports dealing with passengers stranded for
hours on the tarmac, but it produced no fixed limit on how long they can be delayed before being allowed to leave planes.
Gov. Mitch Daniels said today that he is dropping the idea of privatizing the Hoosier Lottery as an option of funding a college scholarship program after the U.S. Department of Justice said such a move would not comply with federal law. The Oct. 16 opinion, which Daniels’ office said was requested by Indiana and New […]
Wall Street has ended the week with another sharp loss, joining stock markets around the world that fell on the growing belief that a punishing economic recession is at hand.It was a dramatic day, with the Dow Jones industrials falling more than 500 points soon after trading began, and – following the pattern of recent […]
Wall Street joined world stock markets in a precipitous plunge today, with the Dow Jones industrials dropping more than 400 points in the opening minutes of trading. The growing belief that the world will suffer a punishing economic recession has investors furiously dumping stocks.The massive decline was caused by increasingly grim news from overseas. In […]
Wall Street headed for another precipitous drop today as fears of a punishing global recession stirred panic among investors and sent world financial markets into a tailspin. The Dow Jones industrial average futures were down 550 points, triggering a freeze in selling.The massive decline was caused by increasingly grim news from overseas. In Japan, shares […]
German manufacturer Getrag is without a primary customer for the transmissions it expected to make at a new factory in Tipton. Chrysler LLC terminated a financing options agreement with Getrag over the weekend, the company said. Indiana economic development officials hope Getrag can find a new customer soon for dual-clutch transmissions that were to be […]
Engine maker Cummins Inc. said Tuesday it will buy $25 million of stock of Irwin Financial Corp. to support the Columbus bank’s restructuring plan. The investment is contingent upon regulatory approval of the purchase and the restructuring plan, a Cummins spokesman said. Irwin Financial said earlier this month that it planned to raise a total […]
