The government meddles in the free market, with tariffs, and this leads to a problem. This generates another government intervention, the bailout, to clean up the mess generated by the first meddling.
Records provided to IBJ give behind-the-scenes insight into the all-hands-on-deck effort to attract the $5 billion project to Indianapolis, including setting up secret meetings, weighing several possible sites, and discussing “creative” incentives such as building a charter school on the prospective campus.
Mayor Joe Hogsett, in introducing the 2019 city budget Monday night to the Indianapolis City-County Council, presented a plan to issue $120 million worth of debt over the next four years.
City development officials said the plan should “respond to emerging challenges confronting the Castleton area, including evolving national shifts in commercial retailing and aging commercial, office and multifamily areas.”
The campaign-finance violations involved payments to porn star Stormy Daniels and a former Playboy model. Michael Cohen cast the payments as attempts to influence the 2016 election and said they were made “at the direction” of Donald Trump.
Without a big settlement, or a resounding victory at trial, victims in the fraud would be left with an underwhelming recovery—currently 11 cents on the dollar, based on distributions of $18 million in December 2015 and $5 million last October.
John McCain and Bob Dole both put national interest over political expediency: country first, to crib McCain’s 2008 slogan. If we defined a “Dole/McCain Republican,” he or she would be a traditional conservative with a streak of pragmatism, a willingness to compromise and an appreciation for bipartisanship.
Moving to head off a government shutdown that neither party wants, Congress has overwhelmingly approved a compromise spending bill and pledged agreement on a short-term bill to fund the government through early December.
Canada was back in a revamped North American free trade deal with the United States and Mexico late Sunday after weeks of bitter, high-pressure negotiations that brushed up against a midnight deadline.
The bitterly polarized U.S. Senate narrowly confirmed Brett Kavanaugh to join the Supreme Court, a decision that could swing the court rightward for a generation.
The fight over Brett Kavanaugh’s elevation to the nation’s highest court could inflame the voting bases of both parties a month before pivotal congressional elections.
Sears Holdings Corp., the struggling U.S. retailer owned by hedge fund manager Eddie Lampert, is focused on a deal that would preserve stakeholders’ value in a court restructuring, according to a person with knowledge of the matter.
Although there is no guarantee the projected $350 million it generates will all end up covering health care expenditures, hopefully the Legislature will dedicate it to public health spending.
An IBJ analysis of political giving this election by CEOs of Indiana’s biggest companies found 56 executives donated $650,000 to nearly 92 organizations and candidates seeking federal office.
A panel of City-County Council members on Monday advanced a plan to provide Corteva Agriscience with incentives to maintain operations in Indianapolis, but not before several councilors expressed objections.
