Property tax-cap issue could dominate next Indiana Legislature
Lawmakers meet Tuesday for Organizational Day and will begin debating measures Jan. 5 when the Legislature officially convenes
for a short session.
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Lawmakers meet Tuesday for Organizational Day and will begin debating measures Jan. 5 when the Legislature officially convenes
for a short session.
An old-line Indianapolis jewelry business has shut down, setting the stage for the sale of millions of dollars in remaining
inventory through auctions planned in Indianapolis, Chicago, Miami and Naples, Fla.
The nation’s eyes were turned to Indianapolis during last night’s Colts-Patriots game. But all that positive exposure almost
went up in smoke as turf was set on fire during first quarter.
Police believe they’ve found the family of a missing toddler that was found wandering alone Saturday on the near-northwest
side of Indianapolis. The little girl was found near 21st Street and Harding Avenue carrying an ash tray.
Police on Monday morning said the girlâ??s relatives contacted them after seeing her picture on the evening news. The girl
is in the custody of child protective services.
Police are interviewing three people they think were involved in a deadly shooting Sunday night on the near-west side of Indianapolis.
The shooting happened on North Alton Avenue near 18th Street about 10 p.m. The victim died a few minutes after being taken
to the hospital. Officers detained two men and a woman, but aren’t releasing anymore details. â??Apparently the witness heard
the shot and saw what they thought was trash being dumped out of a green Jeep-type vehicle, but it was actually the body of
a man,â?? Indianapolis Metropolitan Police Sgt. Paul Thompson said. Fox59 will have more at 4 p.m.
Does Gov. Mitch Daniels’ economic development strategy emphasize job attraction at the expense of entrepreneurship?
Increases in property and payroll taxes are among the key issues again confronting the business community when the General
Assembly convenes in January.
Retail sales rose more than expected in October due largely to a big rebound in auto sales. But broader consumer spending
remains under pressure.
General Motors Co. said Monday it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better
than it has reported in previous quarters and a sign that the auto giant is starting to turn around its business.
Pittsburgh-based PNC Financial Services Group Inc. has converted 240 former National City Bank branches to their new identity,
but the 77 Indianapolis-area locations will keep the old brand for a bit longer.
A delegation of business and community leaders led by Indianapolis Mayor Greg Ballard departed for Europe Nov. 14 on a nine-day
economic
development mission to help grow the city’s motorsports industry.
Health care company Arcadia Resources Inc. saw growth in pharmacy business, offset by slower medical staffing sales.
Indianapolis-based CTI Group Holdings Inc. lost $337,549 in the third quarter on significantly declining revenue.
Carmel’s ACES Power Marketing LLC plans to invest $6.6 million to expand its West 99th Street headquarters—a move
that could allow it to add 40 jobs, the Indiana Economic Development Corp. said early Monday.
Indiana is dipping into a wide range of state funds, including several devoted to improving or protecting the environment
and natural resources, to offset a steep drop in state revenues.
Nearly every Indiana county has failed to send property tax bills on time this year, forcing many local governments and schools
to borrow millions and providing further proof that Indiana’s tax system is still a work in progress more than a decade after
a court ordered a massive overhaul.
Recent earnings reports from major retailers suggest that the wealthy, who pulled back their spending the hardest during the
financial meltdown last fall, are once again being enticed to open their wallets and going back to higher-end outlets. But
those on the lower economic rungs are still scrimping by, heading to Walmart for the basics.
The Department of Administration said 33 government workers will be out of a job because of the state’s financial situation.
The NFL spotlight will be shining brightly on the Circle City this Sunday night. Here’s hoping NBC doesn’t find it necessary
to shine the light on Lucas Oil Stadium’s pesky little problem.