Steve Wolff: The ‘tort tax’ is a burden consumers are left to bear
Taxes come with a cost. They reduce the economic power of individuals and businesses, limiting purchasing power and the ability to reinvest, grow and create jobs.
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John’s Famous Stew, one of the city’s oldest restaurants, offered for sale
John’s Famous Stew, a spicy meat-and-potatoes concept, has a history in Indianapolis dating to 1911.
FDA plans ultra-fast review of three psychedelic drugs following Trump directive
President Donald Trump signed an executive order last weekend directing the FDA and other federal agencies to speed research and loosen restrictions on psychedelics, a class of hallucinogenic drugs that remain illegal under federal law.
Indiana governor ‘likely’ to extend gas tax break
Indiana Gov. Mike Braun on April 8 signed an energy emergency declaration waiving the 7% sales tax on gas.
Taylor University, Upland to break ground on $35M development with boutique hotel
Indianapolis-based General Hotels Corp. will manage the hotel, which will be the first in Upland.
In Medicaid fraud crackdown, feds now looking to audit all 50 states
The Trump administration has pledged to root out what it calls rampant fraud in state Medicaid programs. But thus far, it has focused almost exclusively on Democratic-led states.
Justice Department drops criminal probe of Fed chair Powell, likely clearing way for Warsh
The judge, James Boasberg, said prosecutors had produced “essentially zero evidence” to suspect Jerome Powell of a crime.
Clerk contest illustrates ongoing divide in local Democratic party
Incumbent Kate Sweeney Bell has outraised Karla López Owens, who has spent more on the race.
NFL draft in NIL era includes players taking pay cut to go from college to pros
Because of revenue sharing and name, image and likeness money, many college players are already millionaires before they ever arrive in the NFL.
Indianapolis-based Rampxchange sees big opportunities ahead in new business partnership
“It’s an exciting time for us around here,” said Kyle McGrath, Rampxchange’s managing director.
Trump’s ‘gold card’ visa starting at $1M granted to just 1 person so far, White House says
A year ago, Commerce Secretary Howard Lutnick predicted the gold card would raise $1 trillion in revenue and help “balance the budget.”
Las Vegas Raiders take IU’s Mendoza with No. 1 draft pick
Fernando Mendoza was among five players with close ties to the state of Indiana to be drafted in the first round Thursday night.
Telecom services biz plans $44M expansion, 400 jobs in Indiana
The company, which provides engineering, repair, and logistics services for the communications industry, said Thursday it plans to build a 400,000-square-foot facility.
Meta slashes 8,000 jobs, or 10% of its workforce, as Microsoft offers buyouts
The company said it was making the cuts for the sake of efficiency and to allow new investments in parts of its business.
FSSA seeks return of $200M in improper payments to attendant care providers
An audit found improper payments and compliance failures at five attendant care providers.
Former Martin University students, staff sue school over its abrupt closure
The plaintiffs in Wednesday’s lawsuit are also asking the court to step in and stop any sale of university property, pending further investigation and hearing.
What to know about federal order reclassifying medical marijuana as less dangerous drugs
The order signed Thursday by the nation’s acting attorney general is a first step toward broader federal acceptance of one of the nation’s most commonly used drugs.
Rev fundraiser to feature Taylor Hall singing at IMS for the first time
The event will spotlight a celebrity chef and more than 90 local restaurants, but the night also features bands, DJs and visual artists.
Trump reclassifies state-licensed medical marijuana as less-dangerous drug in historic shift
The order does not legalize marijuana for medical or recreational use under federal law. But it does change the way it’s regulated.
