Electric vehicle company puts Indiana factory plans on hold
An electric vehicle startup has halted plans to start production at a northern Indiana factory and hire more than 450 workers.
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Labor Secretary Acosta resigning amid Epstein deal scrutiny
Labor Secretary Alexander Acosta said Friday he is resigning following renewed scrutiny of his handling of a 2008 secret plea deal with wealthy financier Jeffrey Esptein , who is accused of sexually abusing dozens of underage girls.
Teachers union sues DeVos over embattled loan relief program
The American Federation of Teachers filed a federal lawsuit, alleging that the Education Department has mismanaged the Public Service Loan Forgiveness program that was created in 2007. Just 1% of more than 86,000 applications had been approved for loan forgiveness as of March 31.
Trump kills key drug price proposal he once embraced
The drug rebate rule would have ended a widespread practice in which drugmakers give rebates to insurance middlemen in government programs such as Medicare. The idea was to channel that money to consumers instead.
Merritt calls Hogsett’s food insecurity plan ‘complete waste of money’
Republican mayoral candidate state Sen. Jim Merritt on Thursday criticized Mayor Joe Hogsett’s plan to spend about $580,000 on programs to combat food insecurity in Indianapolis and said it “will likely make the problem worse.”
Holcomb proposes extra spending after state sees record high reserves
Indiana ended the fiscal year with record-high reserves, it reported Thursday, prompting Gov. Eric Holcomb to propose spending nearly $300 million on five one-time projects.
White House yanks drug ‘rebate’ plan after poor review from CBO
The nonpartisan Congressional Budget Office estimated the plan would have little impact on manufacturer prices and cost Medicare $177 billion over 10 years by leading to higher premiums subsidized by taxpayers.
Former Democratic state lawmaker Christina Hale running for Congress
Hale announced Thursday morning that she is seeking Indiana’s 5th District seat, which is being vacated by Republican Susan Brooks.
Hill announces $220K fundraising haul, but not re-election bid
Whether Indiana Attorney General Curtis Hill is officially running for re-election next year has yet to be announced, but the embattled AG claimed his political action committee scored a record fundraising haul in the past two months.
Former state health commissioner running for governor
The first Democrat has jumped into the 2020 gubernatorial race. Dr. Woody Myers on Wednesday morning said he would focus on education, health care and job creation during the campaign.
Starting flag set to wave on 2020 gubernatorial race
Dr. Woody Myers, a Democrat, and Gov. Eric Holcomb are expected announce their bids this week. And two more Democrats are waiting in the wings.
Billionaire, presidential candidate H. Ross Perot dies at 89
H. Ross Perot, the colorful, self-made Texas billionaire who rose from a childhood of Depression-era poverty and twice ran for president as a third-party candidate, has died.
Hiking minimum wage would help millions, but cost up to 3.7M jobs, report says
Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 3.7 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office.
Judge strikes down rule requiring drug ads to reveal prices
Responding to a lawsuit by Eli Lilly and two other companies, a federal judge Monday blocked a major White House initiative on prescription drug costs, saying the Trump administration lacked the legal authority to require drugmakers to disclose their prices in TV ads.
IBJ, Indy Chamber team up to host mayoral debate
The debate is scheduled to take place during the chamber’s annual HobNob event, in August at the Crowne Plaza Indianapolis Downtown.
Pete Buttigieg has money. Can he turn it into a 2020 win?
Buttigieg still faces questions about his experience and whether his appeal extends beyond wealthier donors and white voters.
In Trump aid package for farmers, many blow past caps
Recipients defended the payouts, saying they didn’t cover their losses from the trade war, and they were legally entitled to them.
U.S. won’t impose rule to protect against coal ash spill costs
Environmental Protection Agency officials said Tuesday that modern industry practices and recently enacted regulations are sufficient to shield taxpayers from potential cleanup costs.
Indiana officials plan Mexico trip to tout agriculture, tourism
Indiana Lt. Gov. Suzanne Crouch is set to be part of a delegation of agriculture and tourism leaders that will head to Mexico to develop economic partnerships and strengthen agricultural ties.
Developer of $66M apartment project downtown requesting $9.8M in TIF bonds
Under a proposed deal, the Boston-based developer of the 11-story project would receive a portion of the increase in property tax revenue generated by the project in order to pay off the bonds.