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As Circle Centre turns 20, declining performance, anchor woes spur worry

Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.

Warnings about broker's tactics went unheeded

Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.
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Last Updated Sun., January 20, 2019 - 8:43 PM

Indiana cigarette tax hike, legal marijuana bids stalling

Business leaders are pushing to triple the state's cigarette tax to nearly $3 a pack, arguing the hike would reduce Indiana's high smoking rate and discourage youths from starting to smoke.

Indiana regulators review coal ash pond cleanup plans

The cleanup efforts come after utilities across the country admitted last year to leaking toxic chemicals from their coal ash ponds into nearby groundwater.

Tesla to cut more than 3,000 jobs on tight road to making affordable car

The maker of luxury electric vehicles plans to ax 7 percent of its workforce as it tries to lower prices and break out of the niche-car market.

Political upstarts like Indiana's Buttigieg getting serious look in age of Trump

South Bend Mayor Pete Buttigieg is barely old enough to run for president, but he and other young potential candidates are finding encouragement at a time when conventional election wisdom has been upended.

Panel backs proposal to move up appointing state schools chief

Indiana's governor would begin appointing the state schools superintendent in 2021 instead of 2025, under a proposal endorsed Wednesday by the House Education Committee. Voters traditionally have elected the superintendent.

From travel to IPOs, here's how shutdown is upsetting U.S. economy

Delta Air Lines can't get eight new aircraft in the air. Roughly a million government employees and contractors aren't being paid. Some Americans who are trying to start small businesses face delays in obtaining information from the IRS.

Senators ask FDA to update rules on CBD, hemp products

Congress legalized the production and sale of industrial hemp and hemp derivatives, including CBD. But FDA Commissioner Scott Gottlieb has restated his agency's stance that CBD is a drug ingredient and therefore illegal to add to food or health products without his agency's approval.

Indiana lawmaker seeks tighter management of veterans fund

Republican Rep. Randy Frye, of Greensburg, submitted a bill Thursday that would make Indiana Department of Veterans' Affairs employees ineligible for grants from the Military Family Relief Fund and would firmly cap the lifetime amount a person could receive at $2,500

Colts fire offensive-line coach in surprise move

Dave DeGuglielmo took over an offensive front that allowed a league-high 56 sacks in 2017 and helped a young, revamped line that allowed a league-low 18 sacks in 2018.

Cash rules as stocks, bonds waver

The steady-and-not-so-slow-anymore returns for cash, plus expectations for even more market volatility in 2019, means strategists along Wall Street are seeing cash as a viable investment option for the first time in years.

Justice Department opinion could threaten online gambling

Several states—but not Indiana—moved to authorize online gambling after an Obama administration decision appeared to allow it. Now, the Justice Department is reversing that opinion.

Trump rejects suggested short-term government shutdown fix

Leaving the White House for a trip to New Orleans, Trump said he had dismissed the proposal from Republican Sen. Lindsey Graham to reopen for several weeks and continue dealing with Democrats over Trump's long-promised wall on the U.S.-Mexico border.

Indiana lawmakers look at charity gaming regulations

The bill would allow for higher prize payouts and more not-for-profits to offer charity gaming.

Veep Pence tested in role of messenger for Trump policies

The vice president has been one of the administration's most visible emissaries during the shutdown fight, meeting with lawmakers, sitting for interviews and leading staff-level talks. But he's been repeatedly undermined and contradicted by his boss.

Tight-fisted Digital First makes bid for IndyStar owner Gannett

Gannett's board said it will "carefully review the proposal," which values the company at $12 a share, a 23 percent premium to Gannett’s closing price on Friday.

Indiana attorney general accuser seeks easier removal path

An Indiana legislator who says she was groped at a bar by state Attorney General Curtis Hill wants to make it easier to remove some state officeholders from their positions.

Weak holiday sales at department stores catch many off guard

Shares in Macy's and Kohl's plunged Thursday after they reported weaker-than-expected holiday results. Target, however, had a jolly Christmas season.

Local hospitals beginning temporary restrictions for visitors

Indianapolis hospitals are among those in the state imposing restrictions on visitors to try to curb the spread of flu.

IndyCar expects to announce new series title sponsor 'soon'

The search for IndyCar's new title sponsor may be nearing an end—and just in time for NBC-TV to provide more value with expanded television coverage of the series.

Fed minutes: Growing risks make rate hike path less clear

Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth.

Buzz fading for virtual reality products as challenges mount

These days, VR is mostly a niche product for gaming and business training, held back by expensive, clunky headsets, a paucity of interesting software and other technological shortcomings.

Sears gets another reprieve from liquidation

Sears received another possible lifeline Tuesday when the company's chairman and largest shareholder promised to line up the necessary financing to keep the struggling department store chain afloat.

U.S. cancer death rate hits 25th year of decline

Lower smoking rates are translating into fewer deaths. Advances in early detection and treatment also are having a positive impact, experts say.

NFL wild-card round ratings up 12 percent over last year

Of the weekend's four NFL playoff games, the Indianapolis Colts-Houston Texans matchup averaged the least number of viewers.

Trump official says tax refunds will go out on time despite shutdown

Russell Vought, acting director of the White House budget office, said customary rules will be changed to make the payments possible. About three-quarters of taxpayers receive annual refunds, giving them an incentive to file their returns early.

Groups ask EPA to investigate contamination in Franklin

The groups say the EPA's handling of the site formerly used by electronics manufacturer Amphenol involved "serious mismanagement."

China upbeat ahead of U.S. trade talks despite differences

China sounded a positive note ahead of talks with U.S. trade officials this week on a sprawling trade dispute, but the two sides face lengthy wrangling over technology and their future relationship.

Colts dominate Texans for first playoff win since 2015

Quarterback Andrew Luck and running back Marlon Mack powered the team to a 21-0 halftime lead, and the defense turned back a surging Texan offense late in the fourth quarter for a 21-7 win. Next up: the Kansas City Chiefs.

Indiana OKs new rules for veterans agency after scrutiny

Indiana officials have approved new rules to rein in a state agency that awarded grants intended for struggling veterans to its own employees.

U.S. employers added whopping 312,000 jobs in December

U.S. employers dramatically stepped up their hiring in December in an encouraging display of strength for an economy. And average hourly pay improved 3.2 percent from a year ago.

Worries grow about impact of a prolonged government shutdown

Should it drag into February, the slowdown in government activity could help shake confidence and cause businesses and consumers to stop spending.

U.S. new-vehicle sales unexpectedly show 2018 increase

Sales of new vehicles in the United States rose slightly in 2018, defying predictions and highlighting a strong economy.

Holcomb banks $4M two years ahead of Indiana re-election bid

The state GOP said Holcomb ended 2018 with more campaign cash in the bank that any previous second-year governor.

Pension fund now sole owner of chain that owns 13 Indiana newspapers

CHNI LLC, which owns more than 100 newspapers in 22 states, has been acquired by the Retirement Systems of Alabama.

Stocks dive after Apple warns of slowdown in iPhone sales

Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales are slumping.

Union sues GM, says laid-off workers should replace Indiana temps

The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers in Indiana instead of employing full-timers who were laid off from its factories.

In one of biggest pharma deals ever, Bristol-Myers Squibb to buy biotech firm for $74B

Bristol-Myers and Celgene combined will have nine products with more than $1 billion in annual sales and significant potential for growth in the core disease areas of oncology, immunology and cardiovascular disease.

Apple drops iPhone bombshell on already-reeling stock market

Apple acknowledged that demand for iPhones is waning, confirming investor fears that the company's most profitable product has lost some of its luster.

Indiana General Assembly faces tight budget as new session begins

Members of the General Assembly return Thursday to the Indiana Statehouse in Indianapolis for a session expected to last until late April. Budget issues are expected to dominate the session.

Slowing economies could prod U.S., China to reach trade deal

The Trump administration and China are facing growing pressure to blink in their six-month stare-down over trade because of jittery markets and portents of economic weakness.

Sports betting unlikely to be home run for state budgets

Returns in states that have already approved of sports betting have been modest so far. And experts say revenue is likely to be diluted overall as more and more states jump into the game.

Animal advocates: Fatal zoo mauling of Hoosier shows need for crackdown

Twenty-two-year-old Alexandra Black of New Palestine was attacked Sunday while cleaning an animal enclosure at the Conservators Center near Raleigh, North Carolina.

U.S. stocks end dismal, volatile year on bright note

Wall Street closed out a turbulent year for stocks on a bright note Monday, but still finished 2018 with the worst showing in a decade.

Holcomb remains against legalizing marijuana, despite moves by neighboring states

Several Indiana legislators support marijuana legalization bills that could be considered during the General Assembly session that starts in early January.

Wall Street faces annual losses despite solid gains for week

Wall Street capped a week of volatile trading Friday with an uneven finish and the market's first weekly gain since November.

Senate leader assigns hate crime bills to panel he controls

A top Statehouse Republican is using a parliamentary maneuver to bottle up hate crimes legislation, dealing a potential setback to those wanting Indiana off a list of just five states that have not adopted such a law.

Wells Fargo pays $575 million to settle state investigations

The settlement includes $5.2 million for Indiana, according to state Attorney General Curtis Hill.

GOP, Democrats trade blame for shutdown with no deal in sight

President Donald Trump is sticking with his demand for money to build a border wall with Mexico, and Democrats, who take control of the House on Jan. 3, are refusing to give him what he wants.

IU moving LifeLine hub from Richmond to New Castle

Indiana University Health plans to move one of its five Lifeline medical helicopter bases out of Richmond in the coming months.

Federal workers face grim prospect of lengthy shutdown

President Donald Trump and congressional leaders appear no closer to a resolution over his demand for $5 billion for the border wall that could now push the shutdown into the new year.

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Gambling bill would allow Terre Haute casino, accelerates timeline for live games at racinos

The bill, filed by Republican Sens. Mark Messmer and Jon Ford, covers a wide range of gambling issues expected to be debated this year.

Bill would boost CIB funding, require new 25-year deal with Pacers

A bill filed by Senate Appropriations Chairman Ryan Mishler would extend the life of multiple tourism- and entertainment-related taxes that help fund the Capital Improvement Board and expand the footprint of what’s known as the Professional Sports Development Area to capture even more tax revenue for the CIB. But there's a catch.

Justice Department opinion could threaten online gambling

Several states—but not Indiana—moved to authorize online gambling after an Obama administration decision appeared to allow it. Now, the Justice Department is reversing that opinion.
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Footlite Musicals takes a walk on the homicide side with steamy ‘Murder Ballad’

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