Articles

Partnership aims to help Midwest manufacturers

The Obama administration is creating a $4.5 million partnership between the private sector and government to help Midwest manufacturers access high-tech computing to speed up design cycles for future products.

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Bauer returns to Indy to meet with Bosma

The leader of House Democrats who left Indiana over bills they disagreed with has returned to the state and met with the Republican House speaker — but their talks ended with no agreement on ending the weeklong Statehouse standoff.

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Key House Republican praises Obama housing plan

The Obama administration's plan to gradually dissolve ailing housing giants Fannie Mae and Freddie Mac and to shrink the government's role in the mortgage market drew praise from House Republicans on Tuesday.

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Indiana private-school voucher bill faces changes

To win solid support for the bill from his own caucus, House Speaker Brian Bosma said Republicans are considering limiting the number of students who could receive vouchers and may further restrict qualifying income levels.

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Tax cut lifts incomes, but spending barely rises

Consumers increased spending 0.2 percent in January, the smallest gain since June, the Commerce Department reported Monday. Personal incomes jumped 1 percent, reflecting the 2 percentage point reduction from the Social Security tax cut.

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Indiana overpays localities $610M over 3 years

State budget officials are seeking to recoup much of nearly $610 million overpaid to local governments in fiscal years 2009, 2010 and 2011 due to income tax revenue estimates thrown off by the lingering recession.

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Daniels signs jobless-fund bill that unions fought

Indiana Gov. Mitch Daniels signed into law Thursday a plan aimed at fixing Indiana’s debt-ridden unemployment fund that labor unions had opposed because it will reduce jobless benefits for some people while softening business tax increases.

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Ballard says jobs, neighborhoods critical

Creating a climate that allows businesses to thrive and improving Indianapolis’ neighborhoods will be critical to the city’s future success. That was the message Mayor Greg Ballard conveyed Thursday night in his fourth-annual State of the City speech, delivered at the Indianapolis Artsgarden downtown.

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City seeks replacement for GM plant

Indianapolis will spend $115,000 on a study to explore redevelopment opportunities for the 102-acre GM Stamping Plant property west of downtown that will close this summer.

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