Home Loan Bank CEO dashes talk of impending merger
The recent chatter followed the bank board’s decision to award CEO Milton J. Miller II a severance agreement entitling him to extra pay in the event of a merger.
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Lugar: Bipartisan approach needed on climate bill
Sen. Richard Lugar is urging President Obama to endorse a bipartisan climate change bill that doesn’t add another financial
burden during tough times and does not include the new carbon-based fuel taxes sought by Democratic leaders.
Carmel-based power provider receives $5M federal grant
The Indiana Municipal Power Agency will use funds through the American Recovery and Reinvestment Act to retrofit streetlights
in 20 communities that it serves.
New federal rules target for-profit college recruiting
The Obama administration proposed banning for-profit colleges, including Carmel-based ITT Educational Services Inc., from
tying recruiters’ pay to the number of people they enroll, saying high-pressure sales tactics induced students to take
out government loans they can’t afford.
Rolls-Royce opens plant making part for Joint Strike Fighter
The new "focused factory" in Plainfield will produce lift fans for the Joint Strike Fighter aircraft. The fan allows
one version of the aircraft to make helicopter-like landings.
Lugar’s energy bill winning support
Lugar’s bill may be able to muster the 60 votes needed for Senate passage because it wouldn’t cap emissions or expand offshore
drilling, two controversial issues in the Senate.
Rolls-Royce snags $7.5 million military contract
Engineers at Rolls-Royce Corp.’s Indianapolis manufacturing facility will work for the next year to design, develop
and test an upgrade for a digital engine control the company is making for the U.S. Army’s OH-58 Kiowa Warrior helicopter.
Senate candidate Coats posts lobbying records
Former GOP Sen. Dan Coats posted more than 800 pages of lobbying records on his website Saturday in an effort to clear up
questions about his past and respond to attacks from Democrats.
Bauer requests federal probe of Bales’ real estate deals
IBJ investigation prompts top state Democrat's letter to U.S. Department of Health and Human Services.
Indiana contractors scramble for certification to remove lead
New U.S. Environmental Protection Agency rules force precautions on paint chips, dust.
Other states join Indiana in spurning grant program
About two dozen states are going back to Washington for another shot at billions in education grants under the “Race to the
Top” program, but at least nine others including Indiana are opting out of trying a second time.
Summit to counsel cities on reform
Now that health reform is law, a local not-for-profit group, Better Healthcare for Indiana, wants to help Indiana community
leaders use the law to slow runaway medical spending while improving the health of their citizens.
Lilly spent $2.3M lobbying in first quarter
Indianapolis-based Eli Lilly and Co. spent about $2.3 million in the first quarter of 2010 lobbying the federal government
on health care reform, Medicare reimbursement and trade issues among other topics.
Feds: AMC must sell some Indy theaters to make acquisition
The U.S. Justice Department said AMC Entertainment Group Inc., the second-largest U.S. movie theater owner, must sell some
cinemas to proceed with plans to buy most of those operated by Kerasotes Showplace Theatres.
Indiana 4 to 6 weeks behind its weatherization goal
The delay is pushing back the release of the second half of the $132 million in stimulus funds the state got for energy-saving
retrofits to homes of thousands of low-income residents.
Congress aims to put some discipline in lending
Congress is getting tougher on both borrowers and lenders blamed for inflating a housing bubble that, when it popped, plunged
the nation into a severe recession two years ago.
Stutzman enters race for Souder’s seat in Congress
Republican state Sen. Marlin Stutzman said Thursday that he’d like to take Rep. Mark Souder’s place in Congress. Souder announced
this week that he would resign in the wake of an extramarital affair.
KULT: Mortgage loan officers punch the clock under new rule
The government now views loan officers more like factory workers than white-collar business managers.
Old General Motors sites could receive $800M for clean up
The proposed sites include the Indianapolis Stamping plant on the west side and the former GM Delco Plant 5 in Kokomo.
Indiana Rep. Souder says he’ll resign over affair
Indiana Rep. Mark Souder announced Tuesday he would resign from Congress, effective Friday, because he had an affair with
a staffer.