State unemployment rate slips to 5.8 percent
Indiana lost 2,600 private-sector jobs in August despite more big gains in manufacturing-sector employment, the state’s Department of Workforce Development said Friday morning.
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Indiana could be top state for school vouchers
Preliminary data from the Indiana Department of Education shows 29,437 Indiana children applied for vouchers this year.
Sunrise neighbors worried about traffic, density
Neighbors of the former Sunrise Golf Club property along the Monon Greenway in Carmel aren’t sold on a redevelopment plan that calls for building 149 custom homes and up to 265 apartments on the 78-acre site.
ITT shares plunge 35 percent after SEC threatens action
ITT Educational Services Inc. dodged a bullet from the U.S. Department of Education, according to a securities filing issued Friday morning, but now faces a new threat: a potential enforcement action from the U.S. Securities & Exchange Commission.
One Click prunes e-commerce sites, launches eyewear brand
One Click Ventures, known for its variety of e-commerce sites, recently launched a new website and sold off others as it strives to meet hiring goals tied to economic development incentives.
Obamacare enrollment at 7.3 million people, official says
That’s a 9-percent reduction from the government’s May estimate of 8 million, which reflected only how many people had signed up, not how many had paid and were enrolled in the coverage.
FDA approves Eli Lilly’s injectable diabetes drug
The agency on Thursday cleared the drug, Trulicity, as a weekly injection to improve blood sugar control in patients with type 2 diabetes, which affects more than 26 million Americans.
New state panel begins review of professional licenses
Since 2002, Indiana has created more than 40 new professional requirements, including 20 new licensed occupations, while eliminating only three licensure requirements and regulatory mandates.
Indiana settles DCS adoption suit for $15 million
The state will pay $15.1 million to about 1,800 families who adopted special needs children. The settlement was filed in LaPorte Superior Court on Thursday afternoon and still needs court approval.
Domestic violence activist, state disagree on deal
An advocate for victims of domestic violence said her group reached agreement Thursday with Indiana officials over funding for the private agencies serving them, but a state official denied there was a deal.
Lean years loom for Capital Improvement Board
The Capital Improvement Board is headed for lean years, but it’s not for a lack of resources. The entity that oversees downtown convention and sports venues faces payment of two big debts.
Skjodt plotting $25 million sports complex
Paul Skjodt, owner of the now-dormant Indiana Ice hockey team, has secured an option on 92 acres in a busy northwest-side corridor for a $25 million multi-use sports complex.
Skarbeck: A new type of index fund is gaining investor interest
Recently, financial academics, like Rob Arnott of Research Affiliates, have published white papers supporting a different type of index investing. They call their creation “smart beta.
Hicks: Traditional economic development doesn’t work
The cost of luring a firm to town has skyrocketed, while the benefits have plummeted. The United States has created more than 90 million net new jobs over the past 45 years, but fewer “attractable” jobs are available today than in 1969.