USDA gives $3M to four rural Indiana phone companies
The U.S. Department of Agriculture says the grants will bring the high-speed Internet service to about 2,500 homes and about
80 businesses.
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Hoosiers can file for back jobless benefits Aug. 3
The state Department of Workforce Development says about 80,000 Hoosiers will get restored eligibility covering about 250,000
weeks of payments thanks to a federal law signed last week.
Proposal: Link federal aid to performance of ITT, peers
The Obama administration released a proposal that would tighten for-profit colleges’ access to federal student aid,
threatening an industry that received $26.5 billion in U.S. funds last year. Carmel-based ITT Educational Services
is among those potentially affected.
Obama signs unemployment bill; checks are coming
President Barack Obama on Thursday signed into law a restoration of benefits for people who have been out of work for six
months or more. The move ended an interruption that cut off payments averaging about $300 a week to 2½ million people
who have been unable to find work in the aftermath of the nation's long and deep recession.
Federal agents’ raid hits University Loft at tough time
Military contracts have helped shore up sagging sales at University Loft Co., the furniture maker federal agents raided two
weeks ago. Still, University
Loft’s work force is almost 50 percent off its recent peak.
Indianapolis native Marie Johns named SBA deputy administrator
The U.S. Senate recently confirmed her appointment to the No. 2 job.
Historic financial overhaul signed into law by Obama
Rep. Mike Pence of Indiana, a member of the House GOP leadership, on Wednesday joined House Minority Leader John Boehner of
Ohio in calling for the law’s repeal.
Jobless benefits bill would aid 80,000 Hoosiers
A bill advancing in Congress that would restore unemployment benefits for millions of Americans could help about 80,000 Indiana
residents who have been out of work more than six months.
Filibuster broken, jobless benefits may flow soon
The Senate is poised to pass legislation restoring jobless benefits for millions of people unable to find work in the frail
economic recovery.
Federal agents raid University Loft headquarters
Agents descended on the contract-furniture maker to execute a sealed search warrant. A spokeswoman for U.S. Attorney Tim Morrison said no arrests were made.
Post office requests 2-cent hike in stamp prices
The U.S. Postal Service lost $3.8 billion last fiscal year despite cutting 40,000 full-time positions and making other reductions.
It has continued to face significant losses this year.
Weak employment report: 125,000 workers lost jobs in June
Pessimism about economic recovery grows as employment numbers for June fall short of expectations.
Program tying doctor bonuses to quality goes statewide
The program currently includes 1,200 physicians—about 10 percent of all doctors in Indiana.
Central Indiana aims to become electric vehicle powerhouse
Central Indiana might be in line to tap hundreds of millions of dollars in federal grants and loan guarantees to energize
the rollout of plug-in electric cars and trucks. Both chambers of Congress are considering measures that would require the
Department of Energy to select up to 15 cities nationwide to participate in a national electric vehicle deployment program.
Senate combines jobless benefits, homebuyer credit
Senate Democrats are working on a new way to jump-start their stalled election-year jobs agenda while saving unemployment benefits for hundreds of thousands of laid-off workers. The plan combines in one bill the unemployment benefits with an extension of a popular tax credit for people who buy new homes.
Doctors breathe a sigh of relief
As doctors threaten to drop Medicare patients, Congress delays cuts for another six months.
Lilly’s Effient steps forward, then back
A day after doctors were alerted to a black-box warning that could slow sales of Effient’s main competitor,
Plavix,
a medical journal published research showing that patients suffered 43-percent more cancer tumors on Effient than on Plavix.
$69M U.S. Courthouse modernization a boon for local firms
More than a dozen local companies have begun work on a three-year modernization of the Birch Bayh Federal Building and U.S.
Courthouse in the state's largest individual project funded by the federal stimulus.
Americans spend more in May, see incomes rise
Americans spent a little more in May but not enough to speed along the economic recovery.
Lawmakers approve big Wall Street revamp
Bill headed for Obama's desk would reform financial regulation in effort to protect consumers, curb risks, boost surveillance
of threats to markets, and give regulators more emergency powers to avoid future bank bailouts.