Cigarette tax hike would help ease state’s Medicaid shortfall, leaders say
Indiana’s current cigarette tax is 99.5 cents per pack, which is the 39th lowest tax rate among the states and hasn’t been increased since 2007.
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State AGs ramp up scrutiny of alleged price-fixing in rental housing
In the past two years, more than 30 lawsuits have been filed in federal and state courts alleging that companies such as RealPage and Yardi are equipping corporate landlords with software algorithms that allow competitors to collude on rental housing prices.
Venture capital investment in Indiana’s tech sector continued to swell in 2Q
According to TechPoint’s second-quarter Indiana Tech Venture Report, last quarter’s deal value rose to more than $216 million, towering over the $47 million posted in the second quarter of 2023.
Sabotaged trains and forecast rain get Paris Olympics off to rough start
French officials are dealing with suspected acts of sabotage targeting France’s flagship high-speed rail network, plus cloudy skies with light drizzle ahead of its sprawling outdoor opening ceremony.
OpenAI testing web search features for ChatGPT, challenging Google
OpenAI’s push into search comes after Google in May jumped heavily into using generative AI in search.
Developer considering Irvington Plaza as home for Indiana Sports Hall of Fame
News of a possible development at the site has been long-awaited by Irvington residents. But those involved said the potential project is in very early stages and will require a giant fundraising effort.
Automakers hit ‘significant storm’ as buyers reject lofty prices at time of huge capital outlays
Each auto company has unique problems, but common to many are growing stockpiles of pricey vehicles on dealer lots, requiring increased discounts to sell them to buyers with stressed-out household budgets.
IU releases review of April’s campus protest activity and enforcement
Almost three months after police arrested 57 protesters at a pro-Palestine encampment at Indiana University-Bloomington, an independent review found the IU’s inconsistent enforcement of its own policies created “confusion and frustration.”
Video game performers to go on strike over artificial intelligence concerns
The move comes after nearly two years of negotiations with gaming giants, including divisions of Activision, Warner Bros. and Walt Disney Co., over a new interactive media agreement.
With ‘The Duel,’ Indiana’s Pigasus Pictures enters the big leagues
Global content platform Lionsgate will release made-in-Indiana film “The Duel” in 500 U.S. theaters on July 31.
Survey: Viewers’ interest in Olympics is mostly down, with Simone Biles an exception
The Olympics will officially open in Paris on Friday night and continue through Sunday, Aug. 11.
Community Health sees 44% drop in first-half operating income
Despite the decrease, Community Health Network saw an increase in admissions, emergency visits, deliveries and physician outpatient visits during the first six months of 2024.
Stellantis pledges to tackle problems in North America as profit plunges
In the U.S. in June, it took an average of 97 days on dealer lots for Stellantis to sell vehicles, the highest in the industry, according to Edmunds.com.
INDOT to launch camera speed-enforcement pilot for highway construction zones
The agency will kick its pilot off Aug. 14 in Hancock County’s Interstate 70 construction zone and plans to add other sites to the program “over time,” it said.
Southwest Airlines plans to start assigning seats, breaking with 50-year tradition
Southwest said it discovered that preferences have changed over the years and the vast majority of travelers now want to know where they are sitting before they get to the airport.
U.S. quarterly economic growth exceeds expectations
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates.
Developers plan about 150 single-family houses and town houses in Westfield
City Council members heard plans for the 44-acre Finley Creek Estates and the 11-acre Westfield Yard developments this week.
Amid tensions, some states are purging Chinese companies from their investments
Indiana last year became the first to enact a law requiring the state’s public pension system to gradually divest from certain Chinese companies.
U.S. economy likely picked up last quarter after a sluggish start to 2024
Despite the likely uptick, the U.S. economy, the world’s largest, has clearly cooled in the face of the highest borrowing rates in decades.
Biden seeks to defend legacy in address about his campaign exit
President Joe Biden delivered a somber, reflective speech from the Oval Office on Wednesday evening in his first remarks to the nation since his monumental decision to end both his reelection campaign and political career.