Indiana has highest casino taxes in Midwest, report says
Indiana casinos on average pay the highest effective tax rate in the Midwest, according to a report by the Casino Association
of Indiana.
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State funneling weatherization funds to builders’ group
The Indiana Builders Association will receive nearly half of the $132 million the state is receiving through the American
Recovery and Reinvestment Act to weatherize more than 30,000 households
Influential team owner thinks hot rod group should move HQ from California to Brownsburg
A meeting between high-level National Hot Rod Association executives—including NHRA President Tom Compton—and
Gov. Mitch Daniels and members of the Indiana Economic Development Corp. has fueled speculation that the drag racing group
might be looking to significantly expand its presence here.
HICKS: Stimulus job creation has been surprisingly small
Earlier this month, the Obama administration released its estimate of the impact of the fiscal stimulus on job creation.
Jobless claims, home sales drop unexpectedly
The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs
are continuing to ease in the earliest stages of an economic recovery.
Bill extends jobless benefits in Indiana, 26 other states
With no end in sight to the country’s job market woes, the U.S. House has agreed to give the jobless in a majority of states,
including Indiana, another 13 weeks of unemployment insurance benefits.
Two companies adding jobs in Elkhart County
Two companies have announced plans that could mean about 200 jobs at factories in northern Indiana’s Elkhart County, which
has been among the country’s hardest-hit places during the recession.
More IU, Purdue projects could move forward
More than $130 million in construction projects will get a chance to move forward after being put on hold over a top lawmaker’s
objections to the schools’ tuition increases.
State’s jobless rate dips, but decline could be temporary
Indiana’s unemployment rate in August fell below double digits for the first time since April, the Indiana Department of Workforce
Development said this morning, but the decline could just be a blip.
Indianapolis Economic Development Inc. boasts job-creation success
In the worst recession since the Great Depression, it must be difficult to broker business expansions. But
IEDI’s making no excuses for the city’s job creation and retention figures. In fact, it’s touting them.
FedEx trying to fend off reclassification of its workforce
FedEx brass have been trying to counter legislation pending in Congress being pushed by arch rival United Parcel Service
and the Teamsters union.
HICKS: Chinese tariff is misstep toward trade war
Just a short year ago, economists of all stripes voiced fears of a rise in economic protectionism like that which contributed
mightily to the Great Depression.
House bill puts state student-loan jobs in danger
The U.S. House of Representatives is nearing a vote to push private lenders out of the federal college loan business—a
move that could cost Indiana hundreds of jobs.
Commission OKs Ameriplex, Rexnord tax abatements
The Metropolitan Development Commission this afternoon approved two requests for property tax abatement, including one for
a mammoth development known as World Connect at AmeriPlex.
Groups take sides in debate over Sunday alcohol sales
Supporters and foes of repealing Indiana’s ban on Sunday take-out alcohol sales made their cases before a group of lawmakers yesterday in a preview of what could be a divisive debate in the next legislative session.
Indiana lawmakers to discuss Sunday alcohol sales ban
Supporters and foes of repealing Indiana’s ban on Sunday take-out alcohol sales plan to make their case before a group of
lawmakers.
Westfield makes smoking illegal in most public places
The Westfield City Council passed a smoking ban 7-0 last night that will prohibit smoking in most public places, including
outdoor arenas, stadiums and amphitheaters.
More layoffs, furloughs possible for cash-strapped CIB
The financial condition of the city’s Capital Improvement Board, though improving, is still dire enough that employees
of the Indiana Convention Center could be subjected to more unpaid furloughs or layoffs.
Next year’s State Fair to feature Japanese exhibit
Japanese culture will be on display at the Indiana State Fair next year. Indiana Gov. Mitch Daniels announced today, while
traveling on a economic development mission in Japan, that the Asian country will be featured in its own exhibit at the fair
for the first time in 2010.
Indiana casinos facing more competition from other states
Indiana’s casinos are facing increasing competition from gambling ventures in Michigan and Ohio that could pose a threat to
the $900 million in tax revenue the industry generates for the state.