Cost savings from combining three utilities helped give Citizens Energy Group an advantage in the deal to take over Indianapolis’
water and sewer operations, said Michael Huber, the city’s director of enterprise development.
The state’s unemployment rate in January remained unchanged from the seasonally adjusted figure of 9.7 percent Indiana reported
in December.
The agreement is expected to generate more than $425 million in funding for local infrastructure improvements, and Citizens
has agreed to assume $1.5 billion in debt associated with the utilities.
The plan approved by the Republican-controlled Senate would transfer the duties of the Tobacco Use Prevention and Cessation
board to the State Department of Health.
The Indianapolis Capital Improvement Board on Monday rejected a request from Axe deodorant to place an advertisement in Lucas
Oil Stadium because the message is too racy for youngsters.
Negotiations on some major issues resumed in the Indiana General Assembly on Monday after a meltdown occurred last week.
The largest tax credit deal in state history will fund the rehabilitation of 538 apartments in four complexes owned
by the Indianapolis Housing Agency.
Lawmakers plan to hold House-Senate conference committee meetings Monday on at least two of the major issues that remain unresolved,
including a proposed delay in unemployment insurance tax increases.
The U.S. Attorney’s office in Indianapolis has been without a presidentially appointed U.S. attorney for more than two years.
Joe Hogsett, a former secretary of state, is likely the frontrunner.
The Republican-controlled Indiana Senate kept working Friday while House Speaker Patrick Bauer adjourned his Democrat-led
chamber until Wednesday.
Lawmakers hoped to adjourn by midnight, days before a March 14 statutory deadline for finishing business, but are still bogged
down on several issues.
The Indiana General Assembly approved a bill that lets workers keep firearms locked in their cars in trunks or out of sight
while parked on company property.
Ann
Lathrop's interactions with the Indiana Pacers and Indianapolis Colts aren't what she might have envisioned as a young
college student pursuing a career in sports medicine. Now president of the city's Capital Improvement Board, her relations
with the teams are tied to their financial conditions rather than the health of their players.
Inflation causes lenders to raise interest rates. Businesses slow their borrowing, produce less and require fewer workers. Within a year or so, inflation becomes everyoneâ??s problem.
Agricultural biotech firm hired a site-selection consultant and considered other cities around the world for its $340 million
expansion.
The investment will greatly expand the company’s research and development capacity and is a major win for the Indiana
life sciences industry. Dow AgroSciences expects most of the positions to pay between $65,000 and $95,000 annually.
Corporate contributions, volunteerism help shore up struggling city department after recession-driven cuts reduce budget by
nearly one-fifth.
Lawmakers are close to a compromise on a work-site guns bill, but remain farther apart on several other issues.
Economic development mission targets clean technology and motorsports business-development opportunities.
Indiana Gov. Mitch Daniels says lawmakers are doing a pretty good job as they head toward adjourning the legislative session
by Thursday.
