Illinois lawmakers renew efforts to keep CME Group
Illinois lawmakers have reportedly reached a deal on a package of bills designed to prevent financial giant CME Group Inc. from fleeing to Indiana or another state.
Government & Economic Development
Articles
GOP candidate Wallace outlines $500M economic plan
Republican candidate for governor Jim Wallace says Indiana can boost start its economy by spending $500 million on infrastructure and new tax credits for business.
GOP brass opts not to battle townships
Republican leaders in the General Assembly who have backed local government reform will trade ambitious proposals they’ve pursued in years past for more moderate—and widely accepted—ideas in the next legislative session.
New road contracts are built for speed
A bidding method being used more often by the state is likely to reduce misery for motorists and merchants in the path of a highway project. Project completion time is now a major consideration in reviewing road-work bids that were traditionally evaluated almost entirely on cost.
Environmental group to focus legislative efforts on energy savings, transit
Led by Jesse Kharbanda, the Hoosier Environmental Council is keeping its agenda lean to boost chances for success in short session.
City calls off Haverstick, Redcats tax incentives
Two Indianapolis companies that received tax-abatement agreements from the city in 2007 have had the incentives canceled for failing to meet investment and employment goals.
Indianapolis’ revitalized Georgia Street is work in progress
Workers finished $12.5 million in improvements between the Indiana Convention Center and Conseco Fieldhouse in November. Now will building owners bring the entertainment spot to life?
DeLaney calls for action to boost safety at convenience stores
State Rep. Ed DeLaney, an Indianapolis Democrat, said at a Wednesday morning press conference that he has asked the Indiana Department of Labor to convene a forum about worker safety with police, convenience store operators, Department of Labor officials and other interested parties.
Indiana offers $300K to stage-collapse victims
The state is offering at least $300,000 to families of each of the seven people who died after a stage collapsed at the Indiana State Fair, with more available for those whose loved ones spent days hospitalized before their deaths, Attorney General Greg Zoeller said Tuesday.
Judge removes Bosma from case over legislative walkout fines
A Marion Superior judge has ruled that state courts don’t have the ability to interfere with the Indiana General Assembly’s constitutional authority to pass laws or its own internal rules, including how it compels attendance or imposes fines.
Daniels says state discovers extra $300 million
Indiana Gov. Mitch Daniels says the state budget will see a one-time cash infusion of $300 million from tax collections that weren't properly transferred into the general fund.
Quayle to endorse Romney in presidential race
Quayle's endorsement helps illustrate establishment GOP backing for Romney, who has been trying to consolidate support among party stalwarts despite repeated challenges from conservative alternatives.
Eight Indiana mail centers targeted for closure
Eight Indiana mail-processing centers in Indiana, including a newly identified one in Columbus, are among 252 nationwide the U.S. Postal Service has proposed closing beginning next April in a cost-cutting move.
Carmel also likely competing for CME Group
A letter from Carmel Mayor Jim Brainard to a company that fits the Chicago Mercantile Exchange’s description says the Indianapolis suburb is prepared to offer $150 million in incentives in return for 1,700 high-paying jobs.
Military contractor plans new Indiana headquarters
Sellersburg-based Rivera Consulting Group Inc. announced Monday that would build a new facility in Clarksville and expects to add up to 85 jobs over the next three years.
Rolls-Royce tax-incentives deal set for hearing
A plan to offer a 10-year tax abatement worth $23 million for Rolls-Royce Corp. to redevelop two plants on the west side and move thousands of office workers into downtown’s Faris campus is scheduled for an initial hearing Wednesday.
Determining jobless rate far from exact science
The key number used nationally to determine just how deep the problem is, the unemployment rate, is the subject of its own debate.
Indiana communities run into higher salt prices
Communities across Indiana could have less money to pave roads and fill potholes because of rising road salt costs.
Indianapolis courts Chicago Mercantile Exchange
Indianapolis' mayor has met with top executives of the Chicago Mercantile Exchange to discuss bringing the 163-year-old financial market to Indiana's largest city. A move would mean hundreds of jobs for Indianapolis.
Lugar: Obama failing on Brazil trade, cedes clout to China
The top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from U.S. companies in Latin America’s biggest economy.