Macy’s shares soar as profit surpasses expectations
With customers in a mood to spend, particularly on clothing, Macy's surpassed all profit and revenue expectations for the first quarter of the year and raised its outlook.
Associated Press
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Who will referee billion-dollar sports betting industry?
Now that the U.S. Supreme Court has cleared the way for states to legalize sports betting, the race is on to see who will referee the multibillion-dollar business of gambling on pro and college games.
Indiana lawmakers plan summer study on sports betting, child welfare
Over the summer, the General Assembly will look at more than 50 topics ranging from industrial hemp to short-term rental taxes.
U.S. retail sales continue rebound with solid April showing
U.S. retail sales rose at a solid pace in April, a sign that consumers are bouncing back from weak spending earlier this year and driving stronger economic growth.
UPDATE: Lawmakers send five bills to governor after closing special session
Gov. Eric Holcomb signed all five bills without fanfare Monday afternoon, including a school-takeover measure that will further reduce the authority of the Gary school board while allowing Ball State University to take over Muncie schools.
Indiana House OKs school-safety funding as special session gets underway
A bill making an additional $5 million available for safety improvements was approved Monday morning by the Indiana House as the first major action taken during what's expected to be a one-day special session of the state General Assembly.
Indianapolis developer picked for $120M redevelopment project
Flaherty & Collins Properties was selected by the city of Valparaiso to develop a $120 million mixed-use project at the former Anco factory site.
UPDATE: Supreme Court makes sports betting a possibility nationwide
The U.S. Supreme Court has struck down a federal law that bars gambling on football, basketball, baseball and other sports in most states, giving states the go-ahead to legalize betting on sports. The Indianapolis-based NCAA was fighting New Jersey in the case.
Company to close Illinois facility, move jobs to Indiana
Milwaukee-based Rockwell Automation Inc. plans to consolidate distribution operations in Illinois and Tennessee into a new distribution center in Indianapolis, according to the company.
Indiana county building overhaul delayed by more asbestos work
Officials say a project to remodel and remove asbestos from a central Indiana county government center is running more than $600,000 over budget and might not be finished on schedule.
Indiana lawmakers returning for unfinished business
Indiana lawmakers will be back at the Statehouse on Monday for a special session called to take action on a handful of bills that were left in limbo in March.
Trump unveils ‘sweeping’ plan to reduce prescription drug prices
President Donald Trump's long-awaited plan to bring down drug prices, unveiled Friday, will mostly spare the pharmaceutical industry he previously accused of "getting away with murder" and instead focus on increasing private competition.
Trump plan for drug prices won’t include direct negotiations
President Donald Trump is set to unveil his long-awaited plan for reducing drug prices after more than a year of bold promises to tackle pharmacy costs that are squeezing millions of Americans.
In Indiana, Trump urges GOP to mobilize for 2018 midterms
President Donald Trump used one of his signature rallies in northern Indiana to paint a rosy picture of his presidency, pointing to low unemployment, "booming" job growth and optimism under his watch.
Rally in Indiana returns Trump to campaign roots, projects party unity
Taking the reins as party leader, President Donald Trump is returning to his campaign roots with big-stage events allowing him to target vulnerable Senate Democrats and mobilize his most fervent supporters.
Democrats using attacks from Braun’s GOP rivals against him
Hours after Indiana Republicans selected wealthy former state lawmaker Mike Braun as their Senate nominee, Democrats were hard at work using the harsh rhetoric from a nasty GOP primary race against him.
Election roundup: Carson, others gain primary victories
U.S. Rep. Andre Carson easily beat out four challengers in the Democratic primary and will face Republican Wayne Harmon in the November general election.
Ex-congressional aide wins nod to take on Hollingsworth in 9th District
Liz Watson defeated civil rights lawyer Dan Canon and another candidate in Tuesday’s primary for the 9th District congressional nomination. Incumbent Trey Hollingsworth defeated James Dean Alspach in the Republican primary.
Mike Pence’s brother wins U.S. House primary election
Greg Pence has won the Republican primary for an Indiana congressional seat his younger brother, Vice President Mike Pence, once held for a dozen years.
China cutting U.S. soybean purchases in face of tariffs threat
There might be a political impact: Three of the top five soybean-exporting states—Iowa, Indiana and Nebraska—voted for President Donald Trump in 2016.