Fed expected to cut rates next week before hitting pause button
The Fed has already lowered rates twice this year, in July and September, not because officials forecast a steep downturn but because the risks of such a slump have mounted.
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Former study-abroad program to relaunch as Indianapolis high school
Thrival Academy, a program that took a year-long “pause” to overhaul its approach—will reopen as a four-year high school with a first-year enrollment of about 75 ninth graders who will prepare to study abroad as juniors.
Democrats lure donors with World Series, ‘Hamilton’ contests
To stay afloat in the crowded presidential race, Democratic candidates like Pete Buttigieg of Indiana have upped the ante on fundraising by offering increasingly elaborate rewards contests to donors.
Florida considers allowing college athletes to earn money
Following California’s lead, Florida lawmakers are tackling NCAA rules that prohibit college athletes from reaping financial benefits from their prowess in the arena of big-money sports.
Indiana doctor who kept hundreds of fetuses vilified in life, death
Dr. Ulrich Klopfer competed so avidly in the 1970s to perform the most abortions each day that it was said he would set his coffee aside, jump to his feet in the break room and rush to the operating table whenever his chief rival in the macabre derby walked by.
New poll shows Hogsett leading Merritt by more than 30 points
According to the poll, conducted by Mason Strategies for Indy Politics, 57% of voters say they would vote for Democratic incumbent Joe Hogsett while only 23% say they would vote for Republican state Sen. Jim Merritt.
Startup sees big potential in Amazon-like site for orthodontists
Indianapolis orthodontist Jeff Biggs has been putting smiles on people’s faces for two decades. Now he’s hoping to put smiles on the faces of orthodontists themselves with a new one-stop online marketplace to launch early next month.
Hill’s disciplinary hearing concludes with AG on defense
The evidentiary hearing in the disciplinary action against Indiana Attorney General Curtis Hill came to a close Thursday afternoon, with Hill taking the stand for a final time to continue defending himself and deny earlier allegations that he made crude sexual advances toward a former employee.
Buttigieg calls Facebook’s political ad policy a ‘mistake’
South Bend Mayor Pete Buttigieg has come under criticism from rival Elizabeth Warren, who charges that Buttigieg is too cozy with Facebook. Buttigieg’s aides confirmed that his campaign hired two digital analytics staff recommended by Facebook CEO Mark Zuckerberg.
Schumer proposes $462 billion automobile swap—gas for electric
Senate Minority Leader Chuck Schumer rebate proposal late Thursday joins a mix of trillion- and multi-trillion-dollar programs that Democratic presidential candidates have outlined to urgently cut oil, gas and coal emissions.
Pence takes swipe at NBA, Nike in critical speech on China
Vice President Mike Pence’s speech was delivered as President Donald Trump seeks to close a new trade deal with China, with Pence cast in a hard-line role. He criticized past administrations for tolerating unfair economic and trade practices and repressing Chinese citizens.
IRS lags on its plan to speed corporate audits
The IRS isn’t effectively auditing corporations despite a change in how the agency conducts tax examinations that was supposed to make the process more efficient, according to the agency watchdog.
Big changes at Salesforce: Bob Stutz jumps to rival; Marketing Cloud division gets new chief
Bob Stutz—who until last month led Salesforce’s Marketing Cloud unit—has left the company to become the president of engineering for customer experience at SAP.
P.E. MacAllister, businessman and civic leader, dies at 101
He helped build Indianapolis-based MacAllister Machinery Co. into a regional powerhouse and worked behind the scenes during the city’s resurgence beginning in the 1960s. He served in top positions on the election campaigns of Mayor Richard Lugar and Mayor Bill Hudnut, as well as on a myriad of corporate, civic and government boards.
Airport firefighters, police officers voting on unionization
The police and fire departments at Indianapolis International Airport have been non-union since 2011, when the airport authority withdrew its recognition of employee unions.
Indiana attorney general testifies he didn’t grope women
Indiana Attorney General Curtis Hill denied the claims of four women as he testified Thursday during a hearing on professional misconduct charges that threaten his law license and career.
GM suppliers face lingering revenue fallout from strike
Cars will soon start rolling off General Motors’ factory floors after a month-long shutdown, but the pain from millions of dollars in lost business will linger for some of the automaker’s key suppliers.
Lugar Plaza project designer captures Monumental Award
The annual awards, which recognize excellence in local architecture, engineering, interior design, landscape architecture, construction, real estate development and more, took place Wednesday at the Indiana Roof Ballroom.
Pacers don’t expect new naming-rights deal for fieldhouse until 2020
Pacers Sports & Entertainment hopes to pin down a new multimillion-dollar sponsorship deal before the first phase of a $360 million renovation to the venue begins next summer.
Lobbyist defends Hill in sometimes-contentious disciplinary hearing
Earlier on Wednesday, Indiana Attorney General Curtis Hill took the stand for the first time to defend himself in a legal ethics case that could put his job in jeopardy.