U.S. jobless rate tops 10 percent for first time since 1983
Nearly 16 million people can’t find jobs even though one of the the worst recessions in generations has apparently ended.
Government & Economic Development
Articles
Obama to sign homebuyer, jobless assistance bill
President Barack Obama is set to sign a $24-billion economic stimulus bill providing tax incentives to prospective homebuyers
and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery.
Education cuts could be coming, state schools chief says
Indiana’s school chief warned school superintendents Thursday that declining state revenues could force cuts in public education
spending, education officials said.
IURC conducts review of Centennial’s telecom service
Every neighborhood has its battles, but the 1,017-resident Centennial subdivision in Westfield is embroiled in one of the
most unusual: a very public fight over the adequacy of its phone, Internet and video service.
Sign proposed for IBJ building requires public hearing
The parent company of Indianapolis Business Journal has filed plans to add a sign with an electronic-message component outside
the newspaper’s headquarters at 41 E. Washington St.
WellPoint, Obama administration battle over cost of health reform to employers
At this point in the health reform debate, you have to take numbers from any side with a grain of salt. That said, Indianapolis-based
WellPoint Inc. has done perhaps the only local analysis of how proposed reforms would affect the cost of health insurance
for employers.
Members of City-County Council form task force to study CIB financial problems
A new task force formed this month is charged with recommending solutions to the financial problems of the Indianapolis
Capital Improvement Board and its related convention and tourism issues.
Daniels blasts House health bill
In letter to Indiana congressmen, the governor says the reform bill would kill jobs with ‘enormous’ new taxes.
Military firm could create 500 jobs at former chemical site
Telic Corp., a developer and manufacturer of United States military equipment, announced Thursday it will invest more than
$1.2 million in the former Newport Chemical Depot in western Indiana, creating up to 500 jobs.
Harley-Davidson eliminates Indiana from relocation list
Harley-Davidson has announced that a Kentucky location is the only one it will consider if it decides to relocate its York,
Pa., motorcycle plant, eliminating a site south of Indianapolis from contention.
Suburban counties building outer loop to avoid Indianapolis
Counties wanting to speed traffic among suburbs are building highways to avoid having to travel into Indianapolis. The result,
a 100-mile outer loop beyond Interstate 465, won’t be completed for years, and it won’t be built to consistent standards,
but it might help ease congestion.
IU economists forecast tepid growth in 2010
Indiana University economists offered a cautious but improving economic outlook for 2010, in which they expect the personal
income of Hoosiers to grow slightly and the state to add 50,000 jobs.
Latest stimulus jobs report rife with errors, review finds
The government’s latest count of stimulus jobs significantly overstates the effects of the $787 billion program, raising fresh
questions about the process the Obama administration is using to tout the success of its economic recovery plan.
Senate probing WellPoint, others over small-biz rates
The Senate health care committee is investigating how health insurers, including Indianapolis-based WellPoint Inc., price
the coverage they sell to small businesses.
Work on new Wishard Hospital set to start next week
After winning 83-percent support for $754 million hospital, Wishard officials hope to sell bonds, pick construction firm
by year’s end.
Voters in struggling Ohio back four urban casinos
Ohio voters hit hard by the economic downturn have approved casinos on the fifth try by gambling supporters in the past two
decades.
New Wishard gets overwhelming approval in referendum
Unofficial results from Tuesday night’s special election show more than eight out of 10 Marion County voters supporting a new $754 million hospital for Wishard Health Services.
City Market board sought 3-year closure for redevelopment
Board president says he quit after Indianapolis Mayor Greg Ballard declined proposal to shut down historic landmark until
2013 for major renovation.
Ohio casino question could affect Indiana
Ohio voters are poised to weigh in on a ballot question that would authorize casinos in Cincinnati, Cleveland, Columbus and
Toledo.
Wishard hopes to overcome taxpayer skepticism in referendum
Tuesday’s vote will determine if Marion County Health & Hospital Corp. can sell up to $703 million in taxpayer-backed bonds
to replace the county-owned hospital.