Senate panel guts House proposal on preschool education
A House bill that would increase state funding to send low-income children to preschool was gutted in an Indiana Senate committee, setting up a potential clash between the two chambers.
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Developer gets feedback on $260M Bottleworks project from city planners
Hendricks Commercial Properties has scaled back some of the plans for the massive mixed-use development at College and Massachusetts avenues, at the site of a former Coca-Cola bottling plant.
Trump announces challenge to Obama-era fuel standards
The Alliance of Automobile Manufacturers—which represents a dozen major car manufacturers including General Motors, Ford, Fiat Chrysler and Toyota—praised Trump’s action.
U.S. Senate confirms Coats as national intelligence chief
Senators voted 85-12 Wednesday to approve the nomination of former Indiana Sen. Dan Coats, making him the fifth person to hold the post created after the Sept. 11 attacks.
Federal Reserve hikes key rate for second time in three months
The move reflects a consistently solid U.S. economy and will likely mean higher rates on some consumer and business loans.
Russian hackers to be charged in massive Yahoo breach
The Justice Department is preparing to announce charges against four defendants, including two Russian security services officers, in a data breach that affected at least a half-billion user accounts, according to a federal law enforcement official.
CIB ordered to give deposition in IRS-Simon lawsuit over Pacers deal
CIB attorneys had sought to block the IRS from deposing former presidents Pat Early, Bob Grand and Ann Lathrop in a legal dispute stemming from a 2009 deal that transferred full ownership of the Indiana Pacers to Herb Simon.
Minnesota-based ag company planning Terre Haute turkey hatchery
The $22 million facility will open next year and will employ up to 100 people, the Indiana Economic Development Corp. says.
Small central Indiana town set to lose its only bank branch
Leaders of a small town east of Indianapolis are trying to find a way to keep the community's only bank open.
Roche Group to cut 157 workers, including dozens locally
The Swiss-based company confirmed Wednesday morning the cuts are part of a U.S. restructuring that will result in eliminating 133 full-time workers and 24 contractors.
Student loan defaults on the increase, study finds
A new analysis of government data by the Consumer Federation of America found that the number of Americans in default on their student loans jumped by nearly 17 percent last year.
Road-funding plan faces pushback over tax hikes in Senate hearing
Most lawmakers agree that the state needs to spend more money on its aging infrastructure, but the specifics of the plan are up for debate.
Ticket demand red-hot for NCAA games at Bankers Life Fieldhouse
Thousands of fans for schools in Kentucky, Michigan and Ohio are converging on the city for games in the first two rounds of March Madness this Friday and Sunday.
Gordmans closure to end 139 jobs at Indy-area distribution center
The century-old discount department store chain, which has a store in Avon, said it planned to permanently close a distribution center southwest of Indianapolis on May 12.
U.S. Education secretary says Indy’s ‘innovation schools’ should be national model
Betsy DeVos shouted out School 15 in a speech Monday, calling it “an example of new thinking.”
City seeks clawback of tax incentives from filter-maker GVS
The manufacturer landed the local tax incentives in 2006, then closed its Indianapolis plant in 2015.
Indiana’s coal-loving neighbor ponders embrace of nuclear power
Kentucky’s legislature is close to lifting its decades-long moratorium on nuclear energy in a state that has been culturally and economically dominated by coal.
Council panel OKs $148K to fund ‘economic recovery coordinator’
The person hired for the position is expected to help workers from Carrier Corp. and Rexnord Corp. who are about to lose their jobs—along with trying to help revitalize old industrial sites.