REITs tumble most since 2011 on concern of rising rates
Shares in U.S. real estate investment trusts fell the most in 19 months Wednesday. Three major REITs, all based in Indianapolis, saw their shares drop on Wednesday.
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Judges consider tossing $60M Penn State fund lawsuit
A panel of Pennsylvania judges will soon decide whether to side with the NCAA and throw out a lawsuit filed by a state senator and the state treasurer over the massive fine imposed on Penn State for its handling of the Jerry Sandusky scandal.
Holcomb, other top leaders leaving Indiana GOP helm
Indiana Republican Party Chairman Eric Holcomb announced Wednesday he was leaving to take a job outside politics. Former Lt. Gov. Becky Skillman, Vice Chair Sandi Huddleston and Executive Director Justin Garrett also are leaving their posts.
ACLU sues BMV over gay youth group case
The American Civil Liberties Union of Indiana filed a federal lawsuit Wednesday against the Indiana Bureau of Motor Vehicles, seeking the reinstatement of specialty auto license plates for a group that counsels gay and lesbian youth.
Indiana county allowed to develop fertilizer plant
The state won't stand in the way of a fertilizer plant that a Pakistan-based group is developing in southwestern Indiana despite reservations expressed by Gov. Mike Pence, his office said Tuesday.
Court upholds Indiana legislative boycott fines
The Indiana Supreme Court has upheld fines levied by House Republicans against Democrats for their 2011 legislative walkout over right-to-work legislation.
Pence putting stamp on Indiana with new goals
Indiana Gov. Mike Pence announced Monday he will shuffle where state agencies focus most of their efforts. State Budget Director Chris Atkins said the new priorities reflect the goals that Pence laid out in his campaign.
Indiana agency sued over cuts to program for disabled
A federal lawsuit says Indiana's social services agency has made changes to Medicaid waiver programs that threaten to deprive thousands of developmentally disabled people of income they need to survive outside of institutions.
World looks to Bernanke to clarify stimulus plans
Financial markets have been gyrating in the 3½ weeks since Bernanke told Congress the Fed might scale back its effort to keep long-term rates at record lows within "the next few meetings"— earlier than many had assumed.
Lilly to take over development of diabetes drug
Eli Lilly and Co. will pay Canadian drug developer Transition Therapeutics Inc. at least $7 million and up to as much as $247 million to take over the development of a potential diabetes treatment.
Electronic proof of auto insurance coming to Indiana
Indiana drivers who have to show proof of insurance to police after an accident or traffic violation can do so electronically starting July 1 under a new law that signals an increasing use of technology in insurance laws.
Former governor candidate Gregg buys country grocery
The Democrat said he hopes his purchase of Yagles Country Cupboard will help the store provide more services to the largely Amish southern Indiana community and create a few jobs.
Disparate Indiana pols agree ISTEP answers needed
A legislative panel studying why 78,000 test-takers were frozen out of the high-stakes exam test last month plans to meet Friday to hear from CTB/McGraw-Hill President Ellen Haley on what went wrong.
State selling Coliseum seats for grand each
The Indiana State Fair Foundation says 100 pairs of platform-mounted seats are being sold for $1,000 each. All the money raised from the sale will help pay for the ongoing $63 million renovation of the 1939 Fairgrounds Coliseum.
Pence officials seek ethics opinions from panel
A group of state officials is seeking advice from Indiana’s ethics commission about potential conflicts of interest from new jobs and old relationships.
State lawmakers override Pence veto of tax measure
The governor wrote to lawmakers Monday asking them to sustain his veto of retroactively implementing local income taxes for Pulaski and Jackson counties. But House and Senate leaders pushed the override, saying the bill corrects a mistake by the state.
State lawmakers returning to consider veto override
Gov. Mike Pence wrote to lawmakers Monday asking them to sustain his veto of retroactively implementing local income taxes for Pulaski and Jackson counties.
Agency: Opting for overdrafts means higher fees
A U.S. agency says consumers who opt for overdraft coverage on their checking accounts pay higher fees and are more likely to have their accounts closed than those who decline it.
Analysts: Midwest drivers to see lower gas prices
The worst may be over for drivers in the upper Midwest who have been grappling with the highest gasoline prices in the continental U.S.
New tax break reduces Indiana share of casino revenue
Total tax receipts from casinos fell nearly 18 percent last month compared with May of last year, according a report released Monday by the Indiana Gaming Commission.