Articles

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.

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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.

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Big budget cuts will make for bitter state politics

As Indiana’s reserves dwindle toward zero and federal stimulus money disappears, trying to keep political debate friendly
and the budget in the black will be quite a challenge. Half a year before they must craft the next state budget, Democrats
and Republicans already are squabbling.

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Indiana: IBM welfare intake work flawed from start

The state is suing IBM for more than $1.3 billion, claiming the company breached one of the biggest outsourcing deals in state
history. IBM wants Indiana to pay $52.8 million it says it’s owed in deferred payments and equipment costs.

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