UPDATE: Ex-Indiana lawmaker, casino exec sentenced in money scheme
Brent Waltz, 48, of Greenwood, pleaded guilty in April to helping route about $40,000 in illegal contributions to his campaign and making false statements to the FBI.
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Indiana gasoline taxes dropping 5 cents a gallon next month
A total of 57 cents per gallon in state taxes will be charged during September under rate changes released Wednesday by the Indiana Department of Revenue.
Lauth finalizes purchase of Ford Visteon site, with plans for 2M-square-foot industrial park
Carmel-based developer Lauth Group Inc. said Wednesday it has acquired the former Ford Visteon campus on the east side of Indianapolis and is moving ahead with plans for a $175 million, multi-tenant industrial park on the site.
Braun pushes for more spending on agriculture research, development
Indiana Sen. Mike Braun said increasing government spending on agriculture research should be a top priority for the federal government as lawmakers in Congress craft their ongoing response to food security issues.
New mural at Broad Ripple’s Vogue pays tribute to DJ Indiana Jones
The painting salutes the legacy of Ron Miner, who spun hip-hop and reggae songs on the radio and in nightclubs.
IndyGo receives $33M federal grant for East Campus garage
The funding is part of a $1.6 billion U.S. Department of Transportation Federal Transit Administration effort supporting cleaner buses. IndyGo was one of just nine agencies nationally chosen to receive more than $30 million from the program.
Yellen tells IRS to develop modernization plan in six months
Treasury Secretary Janet’s memo, obtained by The Associated Press, outlines the importance of modernizing IRS computer systems and ensuring the agency has an adequately-staffed workforce now that the tax collector is set to receive nearly $80 billion over the next 10 years.
Pence tells GOP to stop lashing out at FBI over Trump search
Former Vice President Mike Pence, who is considering a 2024 presidential bid, said he has been troubled by what he called the politicization of the FBI.
U.S. retail sales flat in July as households spent more cautiously
Consumers remained wary of spending much on non-essentials: Sales were down 0.5% at department stores and 0.6% at clothing stores.
IndyCar driver Graham Rahal reaches agreement to move HQ to Zionsville
Rahal plans to invest $15 million to $20 million on the project and bring 80 to 100 high-tech jobs to Zionsville.
Carmel reviews expansion plans for The GOAT more than year after closure
Owners of the tavern, which was plagued by complaints about noise and public indecency after it opened in 2020, are seeking to add 2,940 square feet to the existing 2,300-square-foot building before reopening the business.
Walmart easily tops sales expectations as shoppers seek discounts
With inflation hovering near levels not seen in 40 years, higher-income Americans turned to Walmart to cut costs on groceries while its lower-income customers swapped out deli meats for less expensive hot dogs and canned tuna.
Amazon to raise seller fees for holidays amid rising costs
It’s the second fee hike imposed on merchants this year by the online retail behemoth. In April, the company added a 5% “fuel and inflation” surcharge to offset rising gas costs and inflation.
Airbnb rolling out new screening tools to stop parties
Airbnb has been under growing pressure to clamp down on parties since 2019, when a Halloween house party in a San Francisco suburb ended with five people dead in a shooting.
Biden signs major climate, health care legislation
The measure is expected to be paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
Former staffers push Mitch Daniels to seek governor’s office
Staffers who worked under former governor Mitch Daniels filed with the Indiana Secretary of State’s office last week to create a political action committee urging Daniels to run for governor in 2024.
Former ITT Tech students get $3.9B in debt cancellation
Students who used federal loans to attend Carmel-based ITT Technical Institute as far back as 2005 will automatically get that debt canceled after authorities found “widespread and pervasive misrepresentations” at the defunct for-profit college chain.
Companies facing first tax on stock buybacks in Biden bill
Under the bill, companies will face a new 1% excise tax on purchases of their own shares, effectively paying a penalty for a maneuver that they have long used to return cash to investors and bolster their stock price.
FDA moves to make over-the-counter hearing aids available to millions
The new regulations will create a new category of hearing aids that will supersede state-level regulations requiring patients to visit physicians or audiologists to get prescriptions and fittings.
Closing, consolidating IPS schools could depend on condition, usage scores
The fate of more than 60 district schools may be determined in the coming weeks, as IPS grapples with declining enrollment in its traditional neighborhood schools.