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.
Council members voted 24-1 to include in the TIF district the former General Motors stamping plant property and the Market East District.
Micah Vincent has served as director of the Office of Management and Budget since 2015 after he was tapped for the role by Gov. Mike Pence.
The company has requested a tax break from Indianapolis officials on the project that would save it about $484,000 over eight years.
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.
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.
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.
The overall election turnout of 58 percent of registered voters fell short of the level of 62 percent in 2008.
City-County Council Vice President Zach Adamson, along with fellow Democrat Monroe Gray, will propose on Monday raising council members’ pay from $11,400 per year to $25,000 per year.
Three former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers' finances during discussions with the team.
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.
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.
President-elect Donald Trump on Thursday said he wasn’t specifically talking about Carrier when he said on the campaign trail that "Carrier will never leave" America if he was elected president. But it didn’t stop him from trying.
Under a deal with Indiana officials, Carrier Corp. plans to keep hundreds of manufacturing jobs in Indianapolis and upgrade its facility for gas furnace production.
A 700-worker factory in northeastern Indiana facing closure doesn’t appear to be part of a deal President-elect Donald Trump struck with its parent company to keep hundreds of jobs at an Indianapolis plant.
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?
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.
Carrier Corp. was motivated to retain 1,000 manufacturing jobs in Indianapolis by a state incentive package and the possibility of losing a “favorable relationship with federal contractors,” according to a prominent IEDC board member.
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.
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.
