The $25.3 billion Indiana Public Retirement System is in the midst of hiring managers to carry out a strategy where more money will be in hedge funds, private equity and real estate than stocks.
Members of the state’s Democratic caucus voted to replace longtime leader Rep. Patrick Bauer on Thursday amid criticism over how he’s handled campaign fundraising and spending heading into the November elections. Rep. Linda Lawson of Hammond was chosen as his replacement.
Reform-minded Superintendent of Public Instruction draws contributions from across the country.
While Indiana exports overall rose 12 percent in 2011, to a record $32.2 billion, shipments to Afghanistan rocketed 323 percent, to $828 million.
Indiana's Department of Child Services on Wednesday blamed a combination of low pay and job stress stemming from media coverage of the agency for an increasing turnover rate among child caseworkers.
House Minority Leader Patrick Bauer held a Statehouse news conference Wednesday amid reports his caucus would meet Thursday in Lafayette to vote to remove him as its leader.
Representatives of the accounting firm Deloitte told Indiana budget leaders their assessment of what needs to be audited could last through August. The audit itself could take months longer after that.
The plan to offer health-care benefits to domestic partners of Indianapolis city workers passed a City-County Council committee by a 7-0 vote on Tuesday. The full council could consider the measure as early as Aug. 13.
Indiana Republicans opened a line of attack on Democratic gubernatorial candidate John Gregg on Tuesday with the argument that he spent too much of the state's money during his time in the General Assembly.
A state lawmaker plans to sponsor a bill seeking to close a loophole that bars the children of some military families from taking part in Indiana's school voucher program.
A group of 20 advisers to Chinese businesses looking to expand in the United States plan to visit several Indiana sites starting Wednesday.
The Project School was granted a court hearing and restraining order Tuesday in its fight against Mayor Greg Ballard’s plan to revoke its charter. Ballard, though, emphasized his decision by issuing a “final notice of charter revocation.”
Automobile parts supplier Greenville Technology Inc. plans to open a $21.4 million plant in Anderson, creating 325 jobs by 2016, economic development officials announced Tuesday morning.
Indiana’s exports are going strong this year but may not be enough to break a record of $32 billion in exports set last year.
Indianapolis Mayor Greg Ballard has vetoed a proposed ordinance aimed at hiring practices by local hotels, the mayor's office announced Thursday afternoon.
The $791 million Hoosier Lottery threw open bidding July 11 for a 10-year contract on marketing, sales and distribution services. The lottery wants to be among the fastest-growing in the country, and it’s looking to the gambling industry to help it reach that goal.
The Mayor’s Office and local mass transit leaders have reached consensus on a site for a $30 million downtown transit center. The preferred location is a city-owned surface parking lot along Washington Street between the City-County Building and Marion County Jail.
Democratic gubernatorial candidate John Gregg said he wants the state to begin educating students before kindergarten.
Officials are emboldened by the financial results of the city’s first time hosting the NFL championship game in February, which produced a direct economic impact of $176 million, according to a study commissioned by the Indianapolis Super Bowl Host Committee.
Indiana cannot collect millions of dollars it claims IBM owed after its efforts to overhaul the state’s welfare system failed, and the computer giant is entitled to payment for equipment the state kept, a judge said in a Wednesday ruling that condemned both sides.
