U.S. consumer spending posts slower growth in July
Economists are counting on solid gains in consumer spending, which accounts for 70 percent of economic activity, to power overall growth in the second half of the year.
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McCormick rejects Ritz’s favored ISTEP changes, backs SAT as high school exam
Jennifer McCormick, a school superintendent from Yorktown running for Indiana superintendent of public instruction, has revealed details of how she’d like to see Indiana’s testing system change.
State offered $24M in incentives to companies offshoring jobs
Since Indiana Gov. Mike Pence took office in 2013, the state’s economic development agency has approved $24 million in potential incentives to 10 companies that sent work to foreign countries, according to a newspaper report.
Emails show state staffers rooting against Monarch’s liquor battle
Monarch Beverage Co.’s attempts to enter the liquor business over the past decade were frequently met with displeasure from staffers in the Indiana Governor’s Office and at the Indiana Alcohol and Tobacco Commission, according to private emails brought to light by a recent court case.
Monarch affiliate gets big win in effort to sell liquor
The court decision found the Indiana Alcohol and Tobacco Commission was “arbitrary and capricious” in its 2014 decision to deny the wholesale liquor permit application of Spirited Sales, an affiliate of Monarch Beverage Co. It also takes the Pence and Daniels gubernatorial administrations to task for intervening in the case.
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SEC fines private-equity firm where Bayh works record $53M
Apollo Global Management LLC—the private-equity firm where U.S. Senate candidate Evan Bayh is a senior adviser—will pay $52.7 million to settle allegations that it made misleading disclosures about fees.
Pence gets haircut during Pennsylvania campaign stop
GOP vice presidential candidate Mike Pence got a haircut at a black-owned barbershop on Tuesday before a campaign stop at a mechanical construction company, where he assured a rowdy crowd that his running mate “gets it.”
Gregg, Holcomb tout agriculture as key to Indiana economy
The candidates to become Indiana's next governor largely sided with rural interests during a forum Tuesday while discussing agriculture issues.
Pence expected to speak at opening of Trump Indiana office
It will be Mike Pence's first public campaign event in Indiana since his pick as Donald Trump's running mate was ratified by the Republican National Convention on July 19.
Indy-area high school to host first governor’s race debate
The Indiana Debate Commission announced Tuesday that the first debate will take place at Lawrence North High School in Indianapolis, the day after the first scheduled presidential debate.
Indiana governor candidates to discuss farm issues at forum
Republican Lt. Gov. Eric Holcomb, Democratic candidate John Gregg and Libertarian Rex Bell are all scheduled to take part in Tuesday forum in Brownsburg.
FBI probing for possible corruption in vaping law
A lawmaker and a representative of the vaping industry say they have spoken with federal agents about a controversial law that determines which companies can manufacturer e-liquid for sale in Indiana.
About 2,800 Hoosier borrowers eligible for HSBC reimbursements
Borrowers whose mortgages were foreclosed upon between 2008 and 2012, with servicing abuses by HSBC, are eligible for part of the $470 million federal-state settlement with the lender.
Judge rules in favor of scorned e-liquid manufacturer in vaping case
The state has not determined whether it will appeal the ruling to grant a preliminary injunction in the case. The ruling only affects one company.
State road funding panel might have private meetings
Task force co-chairman Sen. Luke Kenley says he wants all panel members to talk freely about possible options.
Holcomb keeps low profile in first month as GOP guv candidate
Lt. Gov. Eric Holcomb’s campaign says it will start running TV ads soon, and that it’s been using phone banks, door-to-door efforts and social media to reach voters. Democrat John Gregg has been advertising aggressively.
Three finalists named for open spot on state’s powerful utility board
The Indiana Utility Regulatory Commission hears hundreds of cases a year and regulates $14 billion worth of electric, natural gas, telecommunications, steam, water and sewer utilities.
Capital Improvement Board passes budget with hefty deficit
CIB Executive Director Barney Levengood implored the board not to be overly concerned about the projected $46 million shortfall. The City-County Council is set consider the budget at its Sept. 25 meeting.
EPA watchdog says government failing to study ethanol’s impact
The Obama administration has failed to study as legally required the impact of requiring ethanol in gasoline, the Environmental Protection Agency inspector general said Thursday.
Pence files personal financial disclosure form
Republican vice presidential candidate Mike Pence has filed a personal financial disclosure form that shows his salary as Indiana governor is his main source of income.