BOHANON & CUROTT: Manufacturing won’t revive Muncie—or any town
The future of older manufacturing towns is not in manufacturing. Economic development must be about more than attracting new smokestacks to old brownfields
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Indiana governor starts Japanese leg of weeklong Asia trip
Gov. Eric Holcomb spent Friday meeting with Japanese business executives and government officials following two days in South Korea.
Circle Centre files suit against Granite City over lease default
According to the suit, Granite City failed to pay monthly rent and meet other obligations under terms of the lease for the 9,603-square-foot ground-floor space it occupied in Circle Centre until late last month.
Vaping injuries claim first life in Indiana, health officials say
The state says it is investigating 30 cases of severe lung injury linked to vaping. Eight have been confirmed—most of them among individuals between the ages of 16 and 29.
State Road 37 revamp kicks off Monday in Hamilton County
The three-year project has been a long time coming. Conversations about alleviating congestion on S.R. 37 in Fishers and Noblesville began in 2005.
States set to hit Facebook, Google with new antitrust probes
Two bipartisan groups of state attorneys general are launching separate antitrust investigations into Facebook and Google, adding to regulatory scrutiny of two of the world’s largest and most ubiquitous tech companies.
Buttigieg’s first television ad calls for less polarization
Democratic presidential candidate Pete Buttigieg, whose poll numbers have lingered in the single digits this summer after a fast start earlier in the year, is set to run his first television ad of the campaign.
U.S. added slightly fewer jobs than expected in August
The Labor Department’s monthly jobs report showed that the unemployment rate remained 3.7%, near the lowest level in five decades. And average hourly pay rose 3.2% from a year earlier, outpacing inflation and lifting Americans’ spending power.
Tech firm FuseMe could make paper resumes obsolete
The company, which has created software that allows job candidates to forward recruiters their resume and other information by simply holding their smart phones next to each other, recently closed on a seed round of funding and is planning a national expansion.
What students do after graduating could determine their high school’s rating
A committee of educators and lawmakers is considering changing Indiana’s high school grading system to account for the percentage of students that are enlisted, employed, or enrolled in post-secondary education within a year of graduating.
Indicators in U.S. jobs market warn of possible weakness ahead
Two key indicators—hiring for temporary-help positions and weekly working hours—have declined this year even as unemployment has remained near a half-century low.
Treasury unveils plan to privatize Fannie Mae, Freddie Mac
The administration’s plan calls for returning Fannie and Freddie to private ownership and reducing risk to taxpayers, while still preserving homebuyers’ access to 30-year, fixed-rate mortgages, a pillar of housing finance.
Fever to play home games at Hinkle during Bankers Life renovations
The Indiana Fever will play at Hinkle Fieldhouse on the Butler University campus for two-plus seasons while Bankers Life Fieldhouse undergoes its massive renovation, Pacers Sports & Entertainment announced Thursday.
Former bakery warehouse site to be cleaned up with $345,000 grant
The east-side site was used by Colonial Baking Co. as warehouse storage, truck loading and truck repair from the mid-1950s through the 1990s. It is contaminated with heavy metals and petroleum compounds, and has remained unused for decades.
Former area attorney sentenced to 30 months in prison for tax evasion
Judge Jane Magnus-Stinson said the former attorney and tax preparer “has a complete lack of respect for the law, for the tax code, his fellow citizens and for the court.”
Hamilton County cities, towns prepare to vote on local income tax increase
The proposed local income tax increase would generate $16 million of new funding for the county’s 911 center.
CDC awards Indiana $2 million grant to study maternal mortality
The state, which ranks third worst in the nation in maternal mortality, said it will use the money to develop ways to prevent or manage maternal illness.
China says trade talks with U.S. to take place in October
Officials will “conduct conscientious consultations” in mid-September to prepare, the Chinese Commerce Ministry said. It gave no details, but said the two sides want to create “favorable conditions.”
Amazon opens $80M fulfillment center in Greenwood
The site is the same one FedEx Corp. had designated for a $259 million distribution center that would have employed 450 workers.
Survey shows solid monthly job growth for companies of all sizes
U.S. businesses added a healthy 195,000 jobs last month, a sign companies are still hiring at a brisk pace despite the ongoing trade war with China.