Macy’s sees some improvement but still closing nearly 30 stores
Macy’s sales at stores opened at least a year fell 0.6% during the November and December period, which was not as bad as most industry analysts had anticipated.
Associated Press
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Warren’s new bankruptcy plan could spark a clash with Biden
Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system if elected president, returning to her political roots while also potentially picking a fight with a top rival for the Democratic nomination, former Vice President Joe Biden.
Presidential candidate Sen. Elizabeth Warren and on Tuesday unveiled a plan she said would make the process of declaring bankruptcy easier and cheaper for many Americans with debts they can’t pay.
Pier 1 Imports to close half its stores as sales falter
Pier 1 Imports, which is led by the former CEO of defunct retailer HHGregg, plans to shut down hundreds of stores as it struggles to draw consumers and compete online.
Indiana governor changes stance on teacher pay action
Republican Eric Holcomb has said he would wait for recommendations later this year from a teacher pay commission he appointed in February, but he told reporters Monday—on the first day of the legislative session—that might change with state tax revenues growing faster than expected.
Penske’s purchase of IMS, IndyCar finalized
The sale puts Roger Penske in charge of the Indianapolis Motor Speedway, the open-wheel series that is built around the Indy 500 and the track’s esteemed production group.
Teacher pay action not on GOP’s agenda in 2020 General Assembly
Members of the Republican-dominated General Assembly are set to return Monday to the Statehouse in Indianapolis for their 2020 session, during which they will face continued calls from teacher unions and Democrats for better teacher pay.
New Indiana rule adds risk assessments for booked inmates
A new Indiana rule requiring that booked inmates be assessed to determine risks or benefits of releasing them before trial is expected to eventually reduce overcrowding at the state’s county jails, criminal justice officials said.
New year brings changes for small businesses
Among other adjustments, there are higher minimum wages for many states, new federal overtime rules and new W-4 forms.
Bourdais, Hinchcliffe casualties of cruel IndyCar offseason
The abrupt sackings of four-time series champion Sebastien Bourdais and popular veteran James Hinchcliffe has made for an offseason of distasteful business decisions that has contributed to a rapidly changing landscape in a series trying to make a comeback.
Some Indiana retailers say they’re unaware of tobacco age change
It is now illegal for a retailer to sell any tobacco product—including cigarettes, cigars and e-cigarettes—to anyone under 21, according to federal law.
Indiana kitchen products company doesn’t plan to reopen
A company that made kitchen products in Indiana for 117 years has failed to find a buyer and won’t resume local production.
Two veteran Indiana House members not seeking reelection
Reps David Wolkins of Warsaw and Rep. Ron Bacon of Chandler said they plan to retire after this year’s legislative session.
Senator tries again to withhold Indiana vouchers over gay firings by schools
The proposal would prohibit private school voucher money from going to schools that discriminate over factors including sexual orientation, disability, race, gender or religion.
U.S. manufacturing activity falls to lowest level in decade
The manufacturing sector last year was rocked by slower global growth and the escalation of trade tensions between the United States and China.
More than half of Indiana schools met feds’ academic expectations
Although 205 Indiana schools, or about 11 percent, didn’t meet the federal expectations, 620 Indiana schools, or about 34 percent, received the federal assessment’s Approaching Expectations rating.
State school bus safety program nets nearly 2,700 tickets
The program funded additional patrols by nearly 40 police departments aimed at improving school bus safety, The citations issued during the first two months of the 2019-20 school year included 453 bus stop-arm violations and 1,239 for speeding.
Oil prices jump on fears of Iranian retaliation against U.S.
If sustained, the rise in oil prices could lead to more expensive car fuel, heating and electricity bills, stifling the global economy at a time when it is already slowing.
Trump’s plan to curb teen vaping includes major exceptions
U.S. health officials will begin cracking down on most flavored e-cigarettes that are popular with underage teenagers, but the policy will spare a significant portion of the multibillion-dollar vaping market aimed at adults.
Ballard to remain patient about Colts quarterback options
The Indianapolis Colts are willing to give Jacoby Brissett another full season to prove himself. But it doesn’t mean they’re out of the quarterback market.
Appeal set on challenge to Indiana religious objections law
Conservative religious groups are planning to appeal an Indiana judge’s ruling that canceled a trial challenging limits on the state’s religious objections law that were signed by then-Gov. Mike Pence.