Indiana finishes fiscal year with surplus, but corporate income taxes shrink
Indiana's sales and income taxes grew during fiscal year 2018, but corporate tax revenue was $318 million less than the previous year and $100 million less than projected.
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Indiana's sales and income taxes grew during fiscal year 2018, but corporate tax revenue was $318 million less than the previous year and $100 million less than projected.
The collapse of Kiel Bros. Oil Co. in 2004 was widely publicized. Less known is that the state of Indiana—and Kentucky and Illinois—are still on the hook for millions of dollars to clean up more than 85 contaminated sites.
WRTV-TV Channel 6, which expanded news programming to weekend mornings nearly five years ago, has called off the effort. The plan will reduce local news programming on the station by five hours per week.
SalesPond has opened a downtown office where it plans to employ more than three dozen people by the end of 2023.
Much of the research at the hub—located at Purdue’s Research Park—will be done in partnership with government agencies, including the Indiana Department of Transportation, and private-sector companies.
Haven Campus Communities, an Atlanta-based development firm, received approval from the Metropolitan Development Commission this week to build a 172-unit student housing complex downtown near IUPUI.
Investors, for their part, sent a clear signal that they favor a Schnatter-less Papa John’s: Shares rose as much as 16 percent, the most in six years, on Thursday.
In an interview Thursday, Federal Reserve Chairman Jerome Powell gave an upbeat assessment of the economy, noting that unemployment is at its lowest point in nearly two decades and inflation is rising toward the Fed’s optimal range.
The Consumer Financial Protection Bureau is suing Navient Solutions, but says the Education Department is impeding the lawsuit. Navient has hundreds of employees in the Indianapolis area.
Indianapolis isn't alone in dealing with a scooter invasion. Overnight in dozens of cities across the United States, the electric vehicles have arrived, often taking public officials by surprise.
Scooter rental service Bird has changed its mind about maintaining operations in Indianapolis while it waits for city officials to come up with an ordinance regulating such businesses.
Marion County voters will have at least six locations to choose from if they want to cast early votes in this fall’s general election, according to consent decree signed this week by a federal judge.
Roundup: A developer plans to build a warehouse with room to expand. Plus: A swanky rooftop bar is planned for Carmel and a Japanese steak house is coming to Noblesville.
Consent should never be assumed or taken for granted.
A Republican staffer has come forward to publicly accuse Indiana Attorney General Curtis Hill of touching her inappropriately at a party, the third woman to do so.
Experts say the pizza chain will need to retool its marketing strategy so it’s not tied to one person.
BP is working to install a naphtha hydrotreater at the refinery to meet a new U.S. Environmental Protection Agency mandate to make gas cleaner.
The Indianapolis City-County Council has given its theoretical OK to the project, though most of the $571 million in spending for the center has not yet been approved.
Citizens Energy Group said crews have been working 24 hours a day at the intersection of Ohio and Pennsylvania streets to repair a century-old sewer line that collapsed 15 feet beneath the surface.
Consumer prices rose in June from a year earlier at the fastest pace since February 2012, lifted by more expensive gas, car insurance and higher rents.