Government & Economic Development

Daniels signs jobless-fund bill that unions fought

February 24, 2011
Associated Press
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

February 24, 2011
Francesca Jarosz
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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Indiana lawmakers urge NFL, players to reach deal

February 24, 2011
Associated Press
Lawmakers from Indiana, home of next season's Super Bowl, are urging the NFL and players union to avoid a work stoppage that would have a "devastating impact" on the state's economy.
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Ballard: City must build 'attractive urban environment'

February 24, 2011
Francesca Jarosz
The theme of Indianapolis Mayor Greg Ballard's fourth-annual State of the City address will include putting “the needs of the next decade ahead of the next day, next year or next election,” according to excerpts released Wednesday.
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Indiana official out of job after 'live ammo' tweet

February 23, 2011
Associated Press
An Indiana deputy attorney general "is no longer employed" by the state after Mother Jones magazine reported he tweeted that police should use live ammunition against Wisconsin labor protesters, the attorney general's office said Wednesday.
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Casket maker plans $16.5M investment, 300 jobs

February 23, 2011
Scott Olson
Indianapolis-based Genesis Casket Co., launched just last year, expects to produce 30,000 caskets in its first full year of operation. The company plans to fill the first 150 jobs by the time the plant opens this summer.
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Indiana Senate OKs contentious immigration bill

February 22, 2011
Associated Press
The Republican-ruled Senate voted 31-18 Tuesday for the bill, which contains penalties for businesses that hire illegal immigrants and allows police officers to ask someone for proof of immigration status if they have a reasonable suspicion the person is in the country illegally.
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Democratic lawmakers leave Indiana, block labor bill

February 22, 2011
Associated Press
Indiana House Democrats took a page from the playbook of their counterparts in Wisconsin on Tuesday, refusing to show up and at least temporarily blocking a Republican-backed labor bill.
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House GOP budget spares bank insurance fund

February 22, 2011
J.K. Wall
Indiana bankers are relieved House Republicans decided to spare a bank insurance fund from being raided to plug holes elsewhere in the state’s finances, but they're not done lobbying against the idea.
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Water playground proposed for far-east side park

February 22, 2011
Scott Olson
Splash zone is among several improvements slated for German Church and 30th Park, a few of which will be considered Thursday by the Metropolitan Development Commission's hearing examiner.
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Former U.S. Rep. Ellsworth won't run for governor

February 22, 2011
Associated Press
The Democrat who lost to Dan Coats in November's U.S. Senate race says he won't run for any office in 2012. With recent announcements by other potential candidates, the field is beginning to shake out.
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Budget would take slice out of growing horse industry

February 19, 2011
Francesca Jarosz
A move by budget-makers to tap the kitty that feeds the state’s horse-racing industry could deal a blow to the business just as Indiana is starting to gain ground on its neighbors.
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Bills seek utility rate flexibility to comply with EPA mandatesRestricted Content

February 19, 2011
Chris O'Malley
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.
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Council may give up crime-grant duty to Parks Foundation

February 19, 2011
Kathleen McLaughlin
Under a proposal on its way to the City-County Council, the Indianapolis Parks Foundation would oversee millions of dollars in tax-supported grants for crime prevention.
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Near-east-side business district gets new tenant—a yoga studio

February 19, 2011
 IBJ Staff
The budding commercial district, dubbed 10 East Main Street, landed Metta Yoga at 2807 E. 10th St.
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GOP-led Indiana House panel OKs new budget proposal

February 18, 2011
Associated Press
A Republican-controlled Indiana House committee has approved a GOP budget proposal 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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Local group heading Down Under for biz opportunities

February 18, 2011
Develop Indy, Marion County's local economic development organization, plans to lead a delegation of officials to Australia to attract life sciences-related business opportunities, the group announced Friday morning.
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GOP senators leery of Indiana immigration crackdown

February 17, 2011
Associated Press
A bill aimed at having an Arizona-style crackdown on illegal immigration in Indiana is on its way to the state Senate, but some Republican senators expressed concerns Thursday about the ramifications for law enforcement and taxpayers.
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UPDATE: GOP budget includes big shift in school funding

February 17, 2011
Associated Press
Individual school districts could see major shifts in funding but overall education funding would remain at current levels under a state budget plan presented Thursday by Republicans who control the Indiana House.
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Indy Partnership may reduce role in job recruitment

February 17, 2011
Cory Schouten
A merger among local economic development organizations could further diminish the role Indy Partnership plays in recruiting jobs to the city and region.
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IEDC leading jobs mission to India

February 17, 2011
The Indiana Economic Development Corp. will lead the state’s first jobs mission to India next week to help establish relationships with high-tech companies, the state agency said on Thursday.
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Gun bill raises concerns for CIB properties

February 17, 2011
Scott Olson
Legislation that would allow Hoosiers with gun permits to carry their weapons into municipal properties could affect Lucas Oil Stadium and the Indiana Convention Center.
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Panel OKs plan to cut Indiana corporate tax rate

February 16, 2011
Associated Press
A proposed cut of more than 20 percent in the state's corporate income tax rate would improve Indiana's business climate without hurting the state budget, the leader of the Indiana Senate's tax committee said Wednesday.
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China company bringing 150 jobs to Lafayette

February 16, 2011
Nanshan America Co. will invest $98.5 million to construct a manufacturing facility and office building, with work slated to begin in the spring. The company will start hiring in the fall.
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UPDATE: House votes to kill pricey jet fighter engine

February 16, 2011
Associated Press
The decision on military budget cuts could have a big impact on the Indianapolis operations of Rolls-Royce Corp., the city’s second-largest manufacturer behind Eli Lilly and Co.
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