Great expectations: Small businesses upbeat about 2017
Many business owners are optimistic because they expect President-elect Donald Trump to deliver on promises to lower taxes and roll back regulations including parts of the health care law.
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2016 TOP STORIES: Dramatic year sends Pence to D.C., Republicans to Statehouse
Donald Trump’s big victory in Indiana means his running mate Mike Pence will be vice president. It also swept Eric Holcomb into the governor’s office and Todd Young into the U.S. Senate.
Real estate agents lick chops as wealthy Trump team moves into D.C.
President-elect Donald Trump is moving to the nation’s capital next month and bringing with him an administration of millionaires and billionaires who are going to need places to live. Many are looking right now.
Indiana’s electors expected to cast ballots for Trump
In Indiana, home state to Vice President-elect Mike Pence, none designated as electors by Trump’s November victory is expected to buck their party.
Anthem-Cigna merger goes to judge for ruling that could end deal
U.S. District Judge Amy Berman Jackson in Washington, D.C., will issue a decision on whether the combination of the companies risks higher costs for large employers around the country and should be blocked.
Trump would likely face battle in reducing F-35 program
After President-elect Donald Trump attacked the cost of the F-35 Joint Strike Fighter on Monday as “out of control,” several lawmakers praised the Pentagon’s most expensive weapons acquisition, aware of the tens of thousands of jobs the aircraft generates in 45 states.
Trump tweets that F-35 program—which involves Rolls-Royce—is too costly
President-elect Donald Trump tweeted Sunday that costs for the F-35 fighter-jet program, the Pentagon’s most expensive weapons system, are “out of control.” The Indianapolis operations of Rolls-Royce are significantly involved in the F-35 program.
Small business owners have post-election surge in confidence
Just over half the owners surveyed said they believed actions by the administration of Republican President-elect Donald Trump and Congress will make their companies better off.
Rollback of truck safety rules may be just the beginning
The trucking industry scored a victory this week when Republican lawmakers effectively blocked Obama administration safety rules aimed at keeping tired truckers off the highway.
After Carrier deal, will more manufacturers threaten to leave?
The state rarely has to dole out incentives to retain jobs. Experts differ on whether that’s likely to change in the wake of the $7 million deal state officials cut to keep an Indianapolis HVAC plant open.
Trump’s ‘retribution’ tax stirs questions, GOP resistance
Donald Trump’s threats to use taxes as “retribution” against U.S. companies that move jobs overseas are legally dubious, tax specialists say—and they’re prompting resistance from some Republican leaders who fear a coming era of economic protectionism.
Some Indiana employers abiding by overtime rule, even though it’s in limbo
The rule—which raised the pay threshold for salaried workers to be exempt from overtime pay—would have affected about 87,000 Indiana workers if fully implemented as planned on Dec. 1. It’s now in limbo due to a court decision.
Trump threatens payback for U.S. companies that move abroad
President-elect Donald Trump is threatening to impose heavy taxes on U.S. companies that move jobs overseas and still try to sell their products to Americans.
Pence: Trump call with Taiwanese leader a ‘courtesy call’
The phone call drew an irritated response from China, whose foreign minister called the contact a "small trick by Taiwan" and noted that "healthy" U.S.-China relations hinge upon the so-called "one-China" policy.
Trump claims victory at Carrier, but many manufacturing battles remain
Union workers and economists say pressuring individual factory owners won’t save U.S. manufacturing jobs lost to economic forces that are beyond the control of companies or the president.
House passes bill aimed at overhauling Dodd-Frank law
The House legislation is portrayed by its backers as a potential boon to regional or large community banks that didn't contribute to the financial meltdown, as opposed to the Wall Street powerhouses.
Analysis: Trump uses Carrier, Ford to send message to manufacturers
President-elect Donald Trump is reviving the persuasive art of “jawboning” as he uses the bully pulpit to strong-arm straying manufacturers. But for how long will it be effective, and is it in the long-term best interest of the economy?
Experts: Don’t get too excited about Carrier deal’s broader impact
President-elect Donald Trump’s job-retention deal with Carrier Corp. could have symbolic value, some business and economic experts say, but isn't likely to alter long-term manufacturing trends.
Treasury pick Mnuchin predicts tax cuts to double U.S. growth
U.S. Treasury Secretary-nominee Steven Mnuchin outlined an economic agenda aimed at almost doubling the growth rate of the current expansion, saying he will boost jobs by making tax reform his overriding priority.
Trump vows total exit from business while offering scant details
President-elect Donald Trump said Wednesday he plans to leave his business “in total” to focus on the White House and will discuss the matter at a news conference Dec. 15 in New York with his children, some of whom are business associates.