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Holcomb administration pushes $1 billion tax hike for unemployment fund

June 9, 2019

The proposed 17% increase would bring the premiums paid by companies to a level recommended by the federal government, which is meant to prepare the unemployment fund for the next recession.

Pete Buttigieg’s high college debt draws attention to the issue

June 8, 2019

With loans totaling more than $130,000, the Hoosier presidential hopeful and his husband are among the 43 million people in the United States who owe federal student loan debt.

WRTV’s Derrik Thomas will retire after 40 years, 12,000 stories

June 8, 2019

Thomas never actually applied for the job at Channel 6. He was recruited by a news director who saw his work while hiring a photographer.

Trump’s threatened tariffs on hold after deal with Mexico

June 8, 2019

A joint declaration released by the State Department said the U.S. “will immediately expand” a program that returns asylum-seekers, while their claims are under review, to Mexico after they have crossed the U.S.-Mexico border. Mexico will “offer jobs, healthcare and education” to those people, according to the agreement.

Trump: ‘Good chance’ now for tariff deal with Mexico

June 7, 2019

After a week of threats, President Donald Trump declared Friday that there is a good chance the U.S. will strike a deal with Mexico to avert the tariffs he had scheduled for Monday.

GM exec: Companies should know when, why to adopt new technology

June 7, 2019

gerald johnson watch video Investing in the latest tech fad can lead to waste if companies don't have a plan and prepared workforce, the executive said Friday at a Conexus Indiana and IBJ event focusing on advanced manufacturing.

Puma plans $40M-plus Whitestown distribution center, 90 jobs

June 7, 2019

The sports footwear and apparel company is negotiating a lease to open in a roughly 635,000-square-foot building at 3519 Perry Boulevard.

Company specializing in steel wheels plans Indiana facility

June 7, 2019

Officials announced Friday that Indiana Wheel Corp. plans to spend nearly $23 million to purchase, renovate and equip the facility, where it will hire up to 117 workers.

U.S. employers add just 75,000 jobs; unemployment rate stays 3.6%

June 7, 2019

The tepid job growth, along with rising pressures on the economy, makes it more likely that the Federal Reserve will cut rates in the coming months.

Barnes & Noble going private in $476M sale to hedge fund

June 7, 2019

Barnes & Noble, which still has 627 stores in the United States, including five in the Indianapolis area, is being acquired by Elliott Management for $6.50 per share.

Boom in electric scooters leads to more injuries, fatalities

June 7, 2019

As stand-up electric scooters have rolled into more than 100 cities worldwide, many of the people riding them are ending up in the emergency room with serious injuries. Others have been killed.

U.S., Mexico conduct more talks, but no deal yet to avert tariffs

June 7, 2019

The Department of Homeland Security announced Wednesday that U.S. Border Patrol apprehensions of migrants illegally crossing the border hit the highest level in more than a decade in May: 132,887 apprehensions.

IU upgrades research power with nation’s fastest university-owned supercomputer

June 7, 2019

The school announced Friday it has purchased a new supercomputer—dubbed Big Red 200—for $9.6 million to support advanced research in artificial intelligence, machine learning, data analytics and scientific and medical research.

Lawmaker: Recording of abuse at Indiana farm politically driven

June 7, 2019

State Sen. Travis Holdman questioned the motivations of a group that says it is concerned about animals but didn’t attempt to halt the abuse at Fair Oaks Farm.

Development plan for Pan Am Plaza hotels could be split into phases

June 7, 2019

While the city and Kite Realty Group discuss a slower development timetable for the massive hospitality project, White Lodging said it is holding off on plans for another downtown hotel “until we figure out what’s going on at Pan Am Plaza.”

Council panel OKs spending $8M on road projects, cleanup of city park

June 6, 2019

The Indianapolis City-County Council’s public works committee on Thursday unanimously approved a plan to spend about $8 million in returned local option income tax dollars.

Startup accelerator seeks locations to expand statewide

June 6, 2019

Wisconsin-based Gener8tor, which seeks to helps fledgling companies boost revenue and grow jobs, said it’s one-year pilot program in Indianapolis was so successful that it wants to spread its services to additional Hoosier communities.

Preservation group to include sites of LGBTQ significance in historic area plans

June 6, 2019

The Indianapolis Historic Preservation Commission said it would be the first local preservation group in the country to include LGBTQ history in all historic area plans.

Developer buying homes in Fishers neighborhood for new project

June 6, 2019

A Carmel-based developer has reached agreements to acquire 14 homes in a neighborhood along busy 116th Street in Fishers and is planning to redevelop the land.

Merritt won’t walk in Indy Pride Parade, pledges LGBTQ protections if elected

June 6, 2019

Indianapolis Republican Mayoral candidate Jim Merritt on Thursday said he regretted his Senate vote for the Religious Freedom Restoration Act in 2015 and pledged to support the LGBTQ community if elected mayor.

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