State revenue beats projections again
The Indiana State Budget Agency better-than-expected collections from sales tax, individual income tax, corporate tax, and interest revenues were the primary drivers of March’s performance.
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Biden set to propose toughest-ever rules on car pollution to spur EVs
Automakers are cautioning that the trajectory for EVs and emission reductions depends on factors outside their control, including investments in charging infrastructure and critical mineral production.
Samsung cutting memory chip production as profit slides
Samsung said the demand for its memory chips declined as a weak global economy depressed consumer spending on technology products and forced business clients to adjust their inventories.
IRS overhaul aims for tenfold increase in audits of the wealthy
IRS and Treasury Department officials said Thursday that they will use part of the $80 billion in new funding for the tax service to claw back unpaid balances from high-income earners and complex businesses.
Indiana lawmakers debate bill allowing parents to challenge ‘obscene and harmful’ library materials
A bill that seeks to ban materials deemed “harmful to minors” in school and public libraries drew sharp debate Wednesday at the Indiana Statehouse, especially from librarians, who argued that such a policy would open them up to criminal charges.
Big band celebrates jazz legacy of Indiana’s Gennett Records
A century later, jazz songs recorded by Louis Armstrong and Jelly Roll Morton resound as Indiana milestones.
It’s big vs. small as banks square off to avoid new rules after failures
U.S. banks are pitted against each other as regulators move to strengthen oversight after a series of failures undermined confidence in the financial system.
Walmart to add EV charging to thousands of stores by 2030
The company plans to add the fast-charging stations to Walmart and Sam’s Club stores coast-to-coast, more than quadrupling its current network of roughly 280 locations.
Justice Thomas accepted luxury travel for years from GOP donor, report says
Supreme Court Justice Clarence Thomas trips around the globe for more than two decades, including travel on a superyacht and private jet, from a prominent Republican donor without disclosing them, according to a new report.
International Monetary Fund expects less than 3% global economic growth in 2023
International Monetary Fund chief Kristalina Georgieva said the period of slower economic activity will be prolonged, with the next five years of growth remaining around 3%
Indiana Senate committee advances pared down anti-ESG bill
A bill designed to prevent the state’s pension fund from working with asset managers that use environmental, social and governmental considerations in their investment strategies was advanced by the Indiana Senate Pensions and Labor Committee on Wednesday.
Push to change Indiana property taxes to benefit charter schools triggers alarm in IPS
The proposals have been sharply criticized by Democrats and traditional public school leaders, who argue that the changes would come at the expense of thousands of students in traditional public schools.
Developer planning townhouses, duplexes along 146th Street in Carmel
Farmington Hills, Michigan-based Schafer Development LLC is seeking city approval to rezone the land. Pulte Homes of Indiana LLC would be the builder for the 14-acre development.
Are robot waiters the future? Some restaurants think so
Many think robot waiters are the solution to the industry’s labor shortages. Sales of them have been growing rapidly, with tens of thousands now gliding through dining rooms worldwide. Others say they aren’t much more than a gimmick.
State ‘destination’ agency awards public art, placemaking grants
The Indiana Destination Development Corp., a public-private agency that promotes the state as a place to live and visit, is awarding more than $414,000 to support nearly 40 public art activation and placemaking grants in 26 counties.
Significant changes made to drug-pricing, hospital-cost bills
Two committees navigating thorny health care pricing bills at the Indiana Statehouse incorporated significant amendments Wednesday before moving the bills forward—with lawmakers expressing reservations about both measures.
Coal use climbs worldwide despite promises to slash it
New coal plants were added in 14 countries, and eight countries announced new coal projects. The United States, however, saw significant shutdowns of coal-using plants.
Pence won’t appeal order compelling grand jury testimony
A spokesman for Mike Pence said Wednesday that the former vice president will not appeal a judge’s order compelling him to testify in the Justice Department’s investigation into efforts by Donald Trump and his allies to overturn the results of the 2020 election.
UPDATE: Holcomb signs ban on gender-transition health care for minors
The American Civil Liberties Union of Indiana filed a lawsuit rapidly after Holcomb signed the Indiana legislation—something the group had promised to do after Republican supermajorities advanced the ban this session.