Purdue trims working spouses from health care plan
Purdue University is joining a trend among large employers by limiting health care coverage for working spouses of the school's faculty and staff.
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State committee recommends Indiana should consider sports wagering
The state interim Committee on Public Policy voted unanimously Friday afternoon to recommend the General Assembly consider legislation that allows sports gambling. But it left big details up to lawmakers.
Local fireworks retailer going out of business with huge auction
A company that operated more than 240 seasonal stores is scheduled to auction off about $4.5 million in fireworks as well as vehicles and equipment later this month.
Airport board approves $21.4M land sale for Infosys campus
The airport will sell 132 acres to the city of Indianapolis in phases over the next several years. In turn, the city will sell the property to Infosys for pennies so it can create a $245 million training campus.
State unemployment holds steady at 3.5 percent
Indiana’s labor-force participation rate—the percentage of the state’s population that is either employed or actively seeking work—rose to 65.1 percent in September. It remains ahead of the national rate of 62.7 percent.
Report: Sports betting in Indiana could be $250M business, creating jobs and tax revenue
The report commissioned by the Indiana Gaming Commission recommended that lawmakers take action during the 2019 session, saying the risks of delaying it “clearly outweigh the rewards.”
Attorney says ex-USA Gymnastics head didn’t know of indictment
Former USA Gymnastics President Steve Penny was arrested while in Tennessee on a family vacation, unaware a Texas grand jury had indicted him for allegedly tampering with evidence in a sexual assault investigation, his attorney said.
NBA’s G League to offer $125,000 contracts to elite prospects
The move follows recommendations released earlier this year by the NCAA’s Commission on College Basketball, a group that was chaired by former Secretary of State Condoleezza Rice and tasked with reforming the college game.
State study panel makes no recommendation on medical marijuana
Indiana lawmakers listened to more than three hours of testimony Thursday afternoon about whether Indiana should allow for medical marijuana usage but did not come to any consensus on the issue.
Perceivant’s digital course work finds following at 14 colleges
Leaders at locally based Perceivant hope to move to the head of the class with a platform they say offers a unique blend of customization and two-way communication between students and their instructors.
Jalene Hahn: Selecting the appropriate investment rollercoaster
Risk tolerance, risk capacity and risk perception are the fundamental elements of your risk profile. The best way to construct your portfolio and ensure you can hang on for the whole ride is when you evaluate and discuss these risk elements individually and not as a composite assessment.
Citing hotel deal, Gen Con extends Indy contract
Gen Con President David Hoppe said “new hotel developments, along with Indy’s desire for technological upgrades, have made our decision to extend with Indianapolis an easy choice.”
Novartis needs U.S. security nod for Endocyte under new rules
The Treasury pilot program implements broader powers Congress granted this year to the Committee on Foreign Investment in the U.S., a panel of officials who review foreign takeover of American firms and can recommend that the president block deals that threaten national security.
Endocyte’s $2.1B deal with Novartis comes after years of setbacks
The West Lafayette biotech firm’s stock traded as low as $1.41 last fall, following multiple setbacks and restructurings. But the stock had soared to $24 Thursday morning after news that it would be acquired by Novartis.
Cecil Bohanon & Nick Curott: Sears just didn’t keep up; others should take note
Sears got started doing exactly what Amazon is doing now: offering low prices and home delivery. But the larger point is this: In free markets, firms have to serve customers better than their rivals.
Three of Indiana’s congressional challengers raise more than GOP incumbents in latest quarter
The Indiana candidates are not alone: Republican incumbents in 92 U.S. House districts raised less than their Democratic challengers from July 1-Sept. 30, according to an analysis from Politico. That’s compared to only five Democratic House incumbents being out-raised.
MIKE LOPRESTI: Will the Pacers bring relief? A stroll through the home schedule
The Blue & Gold will be tested, but LeBron’s move to LA won’t hurt any feelings here.
Songbook Foundation to sell 107-acre Asherwood estate in Carmel
The Great American Songbook Foundation received the massive property earlier this year as a gift from Bren Simon, the widow of late shopping mall magnate Melvin Simon.
