Government & Economic Development

Indiana House backs GOP state budget plan

March 30, 2011
Associated Press
The Indiana House has approved a Republican-backed state budget plan that would keep overall education funding at current levels while making major shifts in the way money is divvied up among individual school districts.
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IBM files court motion to depose Daniels, aide

March 30, 2011
Associated Press
Gov. Mitch Daniels and his chief of staff were both deeply involved in Indiana's decision to outsource the automation of welfare intake, and they should provide depositions in lawsuits over IBM Corp., a lawyer for the company argues in a brief.
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Labor bills targeted in boycott pass Indiana House

March 30, 2011
Associated Press
Republicans in the Indiana House on Wednesday pushed through three labor-related bills that had drawn protests from Democrats during their five-week legislative walkout.
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School voucher proposal approved by House

March 30, 2011
Associated Press
The GOP-led House voted 56-42 on Wednesday in favor of the bill that would use taxpayer money to help some parents move their children from public schools to private schools.
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Indiana House backs ban on higher minimum wages

March 30, 2011
Associated Press
Cities and counties across the state would be prohibited from setting higher minimum wages under a bill approved by the Indiana House.
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Indiana Senate panel may vote on smoking ban after all

March 29, 2011
Associated Press
Sen. Ron Alting, R-Lafayette, the chairman of an Indiana Senate committee, said he might call for a vote on the proposal at the Senate Public Policy Committee's April 6 meeting, but that he likely wouldn't allow any amendments.
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Illinois House votes to lift smoking ban at casinos

March 29, 2011
Associated Press
Tom Swoik, executive director of Illinois Casino Gaming Association, said gambling revenue has dropped 32 percent since the state's smoking ban was approved. He said the ban has cost state government about $800 million in taxes.
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Indiana House faces pressure to finish work on time

March 29, 2011
Associated Press
House Speaker Brian Bosma, R-Indianapolis, said the five week "vacation" by House Democrats means lawmakers may have to work on Fridays and Saturdays. He said representatives would go with little sleep and eat sandwiches and pizza while working at their desks if necessary to get work done.
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Indiana budget faces hundreds of possible changes

March 29, 2011
Associated Press
More than 330 proposed amendments to the state budget bill were listed online as of Monday night, and Republican House Speaker Brian Bosma said more are pending.
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Fair Finance trustee renews call for return of political donations

March 28, 2011
Cory Schouten
The trustee in the Fair Finance bankruptcy has renewed a call for recipients of political contributions from accused Ponzi schemer Tim Durham to return the tainted cash after a federal grand jury indicted Durham on 12 felony counts.
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Job-creation claims are hot potatoRestricted Content

March 26, 2011
Francesca Jarosz
The city’s decade-record number of job commitments in 2010 could be the most frequently discussed figure in the run-up to this fall’s mayoral election, but the number of commitments is difficult to verify.
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SPECIAL REPORT: Indiana companies charge into China

March 26, 2011
Greg Andrews
With economic growth in the United States sluggish, Indiana companies are joining the race to capitalize on the fast-growing Chinese economy—even as hundreds of millions of Chinese move into the middle class and adopt a Western-style thirst for goods and services.
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Maturing Chinese market gives WellPoint new prospects

March 26, 2011
Greg Andrews
Premiums for private health insurers in China are expected to rise to $90 billion by 2020 from $9 billion now, and WellPoint Inc. is angling for a big piece of that pie.
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Demographic shift steers Lilly's Asian operations

March 26, 2011
Greg Andrews
China remains a small market for Eli Lilly and Co. It generated $320 million in sales for the company in 2010, just 1.3 percent of its $23 billion in sales worldwide. But Lilly has big ambitions in China and is racing to capitalize on its rapid economic growth.
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Cummins' early start revs growth in China

March 26, 2011
Greg Andrews
Columbus-based engine maker Cummins Inc. has been building business in China for 30 years, long before many U.S. companies had even begun formulating a China strategy.Cummins now employs 8,000 people in China and racked up 2010 sales of $3.1 billion.
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Indiana report says drugstores, grocers best at not selling liquor to minors

March 26, 2011
 IBJ Staff
Liquor stores didn't do as well, undercutting their argument against allowing other retailers to sell cold beer.
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Can China maintain pace of economic growth?

March 26, 2011
Greg Andrews
People talk about China’s continued economic growth almost as if it is a foregone conclusion, but not all economists are so sure.
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City names new golf manager for Eagle Creek

March 25, 2011
Scott Olson
Golf club's former operator defaulted on loan agreement, forcing city officials to make $222,724 in payments and search for another contractor to manage it.
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State unemployment rate drops to 8.8 percent

March 25, 2011
The February decline marks the first time the state's jobless rate has been below 9 percent since December 2008. Still, the state lost 1,600 private-sector jobs and 6,300 government jobs in February.
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No breakthrough in talks to end Indiana House walkout

March 24, 2011
Associated Press
Legislators from both parties threw cold water Thursday on optimism about a breakthrough ending the month-long boycott by Indiana House Democrats.
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Pentagon issues 90-day stop-work order on GE-Rolls engine

March 24, 2011
Bloomberg News
The U.S. Defense Department on Thursday directed General Electric Co. and Rolls-Royce Group Plc to halt work on a second engine for the F-35 Joint Strike Fighter until there is more explicit direction in the fiscal 2012 budget.
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Indiana bill enhances rural areas for young entrepreneurs

March 24, 2011
Scott Olson
A bill signed by Gov. Mitch Daniels will create a type of auction among rural communities for young entrepreneurs graduating from some universities in the state.
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Smoking bill needs exemptions to survive Senate

March 23, 2011
Associated Press
Health advocates will have to live with wide exemptions in a proposed statewide smoking ban because a stricter, more comprehensive ban wouldn't be able to pass the conservative Senate, the head of a Senate committee said.
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Indiana House leaders meet over Democratic boycott

March 23, 2011
Associated Press
The leader of the boycotting Indiana House Democrats returned to the Statehouse on Wednesday for what he called a "very positive" meeting with Republican House Speaker Brian Bosma.
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Panel backs Indiana gay marriage ban amendment

March 23, 2011
Associated Press
The Senate Judiciary Committee advanced the amendment on a 7-3 party line vote Wednesday, with Republican senators rejecting arguments that language prohibiting civil unions could threaten the ability of employers to offer domestic partner benefits.
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