SEC accuses Positron CEO of misleading investors
Regulators allege CEO Patrick G. Rooney diverted millions of dollars from a hedge fund into the struggling Fishers company without investors’ knowledge.
Government & Economic Development
Articles
Purdue, IU students lobby for alcohol amnesty law
Student leaders on three college campuses are urging Indiana lawmakers to enact a law that shields underage drinkers from disciplinary action if they report that someone is intoxicated and at serious health risk.
Portugal’s economic crisis deepens as big strike hits
Portugal’s efforts to climb out of its economic crisis suffered a double setback Thursday as its credit rating was downgraded to junk status and a major strike gave voice to broad public outrage over austerity measures that have squeezed living standards.
Judge allows class in suit against state tort law
U.S. District Judge Sarah Evans Barker has certified the victims of the Indiana State Fair stage collapse as a single class in a lawsuit challenging a law that caps the state’s liability at $5 million. However, she concluded the plaintiffs are unlikely to win the challenge.
Develop Indy and partner will focus on small business support
Business Ownership Initiative of Central Indiana focuses on one-on-one counseling, capital access.
Judge to decide whether White’s candidacy stands
A court hearing to determine whether Charlie White is eligible to serve as Indiana secretary of state continued without him when he decided not to attend Wednesday.
JONES: Patent reform is mixed bag for life sciences companies
For Indiana’s life sciences sector, the change both raises hopes and creates challenges for continued growth.
Study: State loses millions annually in online sales taxes
The report from the Indiana Fiscal Policy Institute says the state loses $40 million to $114 million every year in sales tax revenue from sales to online retailers such as Amazon.
State unemployment rate inches up to 9 percent
Indiana’s jobless rate rose to 9 percent in October, up from 8.9 percent the previous month, marking the fifth straight month the state’s unemployment rate has risen.
Union members rally at Statehouse against GOP plans
The Indiana AFL-CIO organized the rally to coincide with the General Assembly's pro forma "Organization Day" on Tuesday.
Dow drops after debt panel fails to reach deal
The Dow Jones industrial average lost almost 250 points after the special committee of Congress assigned to come up with $1.2 trillion in deficit cuts over 10 years indicated that there would be no deal.
Indiana Legislature set for new right-to-work fight
Indiana House Speaker Brian Bosma says that passing a contentious right-to-work proposal will be his top priority during the coming legislative session.
Indiana voucher memo confuses, concerns districts
A memo that sparked concern among Indiana's school districts by saying they would begin losing funding this month under the state's new private school voucher law was sent "prematurely" a state education official says.
State lets Occupy Indy protesters keep small camp
Indiana officials are declaring détente with Occupy Indy demonstrators after the protesters removed much of their camping equipment from the Statehouse lawn.
Mass Ave deal’s brokerage fee raising eyebrows
A real estate brokerage picked by the city to spearhead redevelopment of a prime Mass Ave parcel occupied by the Indianapolis Fire Department stands to collect a million-dollar-plus payday if it closes the deal.
Passengers likely would shoulder chunk of transit system costs
Federal transit data suggests passenger fares would generate about one-fourth of the money needed to operate a suburban rail and expanded bus system proposed for the region.
Occupy Indy protesters ordered to clear out camp
State officials gave Occupy Indy protesters 24 hours to remove their tents, sleeping bags and other camping accessories from the Statehouse lawn and warned there could be arrests Thursday should anybody resist the efforts to remove the items.
Indiana Legislature taking 2-day break for Super Bowl
Demand for hotel rooms will make it difficult for some out-of-town lawmakers to find at hotel rooms or long-term residences in Indianapolis.
Postal Service mulls moving Muncie work to Indianapolis
The change would save an estimated $3.5 million while eliminating 41 jobs.
City-County Council Republican to propose tougher smoking ban
The Republican president of the City-County Council in Indianapolis says his party plans to introduce an expanded smoking ban that would take effect before the Super Bowl.