Facebook shares continue to fall amid talk of FTC probe
Facebook shares declined in morning trading, falling 5.5 percent, to $163.08 each. That follows a drop of 6.8 percent Monday that was the company’s largest since March 2014.
Government & Economic Development
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Facebook shares tank over data-manipulation scandal
The social network is under fire after newspapers reported that former Trump campaign consultant Cambridge Analytica used data, including user likes, inappropriately obtained from roughly 50 million Facebook users to try to influence elections.
Holcomb traveling to Canada for three-day trade mission
The Indiana Economic Development Corp. announced Monday afternoon that Holcomb will spend Monday through Wednesday in Canada to promote investment in the state.
Holcomb’s office unveils new tool to combat opioid epidemic
The tool, in this case, is a software platform that will allow certified addiction treatment providers to quickly locate and connect people with available inpatient or residential treatment beds.
Holcomb open to special session for unfinished bills
Indiana Gov. Eric Holcomb is leaving open the possibility of calling lawmakers back to the Statehouse after this year's legislative session left several bills unresolved.
Hogsett retools tactics on commuter tax
Mayor Joe Hogsett hopes to convince legislators that other Indiana cities, not just Indianapolis, could benefit from a non-resident income tax or the redistribution of income tax revenue.
Lawmakers OK workforce system changes, despite complaints
Lawmakers said reforming the state’s muddled workforce development system was a top priority this session. Instead, they ended up bypassing bolder proposals and approving what some say are incremental, bureaucracy-laden changes.
Legislative rundown: Flurry of bills, but not all, advance on final day of session
The Indiana General Assembly's annual session came to a chaotic close as lawmakers blew past their midnight deadline to adjourn with major bills still in play.
Legislature passes cannabidiol oil sales bill amid regulatory concerns
Even as supporters cheered the measure’s passage, some warned that the bill creates burdensome regulation and warned that the legislation could find itself in similar trouble as vaping legislation the Legislature passed two years ago that wound up creating a monopoly.
Koch group adds $4 million to Indiana, Missouri attack ads
The political network backed by billionaires Charles and David Koch is planning to step up its advertising to unseat Democratic Sens. Claire McCaskill of Missouri and Joe Donnelly of Indiana, who are seen as vulnerable.
State stops millions in fraudulent tax refunds
Thanks to a fraud-prevention program the Indiana Department of Revenue implemented in 2014, hackers looking to collect refunds owed to other individuals seem to be targeting Hoosiers less often.
Council VP seeks to keep new justice center out of private-operator hands
Zach Adamson has proposed an ordinance that “requires the administration and operation of the county jail facilities be non-privatized.”
House rejects GOP bill easing use of unproven drugs
The House rejected legislation Tuesday that would ease how experimental drugs are provided to people with terminal illnesses.
Several issues unresolved as General Assembly nears ending point
Still left to address is legislation involving school safety programs, professional licensing for young immigrants referred to as “Dreamers,” sex education, school takeovers, handgun fees and workforce development leadership.
UPDATE: Manufacturer SMC planning $68M expansion in Noblesville
The largest private employer in Noblesville is planning a mammoth new facility and dozens of new jobs at its North American headquarters campus.
Dated and drab, Broad Ripple Park ready for reboot
City park leaders are seeking public input as they kick-start a master-planning process for improvements to the 62-acre piece of land along the White River.
Indiana lawmakers put finishing touches on gun rights legislation
Law enforcement groups voiced serious concerns about the bill because license fees are a major source of funding for training, including active shooter response training.
Council unanimously OKs Hogsett plan to spend $14.5M on pothole repairs
Mayor Joe Hogsett called for the use of the emergency funds after tens of thousands of complaints came in about the condition of city streets that had been littered with potholes after a rough winter with rapid changes in weather.
Indiana city proposes tying arts donations to business tax breaks
The proposal would establish a public arts program and a Public Art Commission in the state’s second-largest city.
Indianapolis ponders commuter tax to fund road repairs
Indianapolis officials desperate for money to repair roads are considering whether they should try to collect income taxes from suburbanites who don't live in the city but who travel there for work.