Business

Business
3:11 pm
Fri January 30, 2015

Indiana Could Ban Microbeads By 2019

A Minnesota first-grader drew this for the National Oceanic and Atmospheric Administration to illustrate the dangers of microbeads to wildlife.
Credit NOAA / https://www.flickr.com/photos/noaamarinedebris/12822245515

A House committee has unanimously passed a bill that would make Indiana one of the first states in the nation to ban the use of tiny plastic particles known as microbeads in personal care products. 

Microbeads are found in a wide variety of beauty and personal products, including soaps, lotions and even toothpaste. 

The problem, say researchers, is that those microbeads are showing up in the water system. 

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Business
2:30 pm
Thu January 22, 2015

El Rodeo Owners Cop To Massively Under-reporting Sales Taxes

The owners copped to 12 counts of theft for not reporting more than $22 million in income.
Credit Paresh Gajria / https://www.flickr.com/photos/cflat/2909707701

3:30 p.m. Update:

Tippecanoe County Prosecutor Pat Harrington tells Network Indiana the investigation included a personal experience from a law enforcement officer who ate at one of the El Rodeo locations in Greater Lafayette.

"A detective from the West Lafayette Police Department at our local El Rodeo and he noticed that as he paid for his lunch, the cash drawer was never opened, no one rang up his sale and he was returned his cash back out of another drawer," Harrington says.

Earlier:

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Business
6:00 am
Sat January 17, 2015

Indiana Farmers Playing Ethanol Guessing Game Until Fuel Standard Updated

Farmers have gotten guidelines in the past, but the Renewable Fuel Standard has lapsed, leaving them unsure what they should do.
Credit Seth Anderson / https://www.flickr.com/photos/swanksalot/271337214

Indiana farmers and ethanol producers are in limbo as they wait for the Environmental Protection Agency to decide how much of the biofuel should be blended into the nation’s gasoline.

Indiana is one of the largest ethanol producers in the U.S. And every year, thanks to a law known as the Renewable Fuel Standard, the EPA decides on how much of that ethanol gets mixed with gasoline.

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Business
4:20 pm
Fri January 16, 2015

Agribusiness Conference Touts Indiana As Possible 'Silicon Valley' Of Ag

Presenters say if Indiana appears the place to be, companies could flock here to be near one another.
Credit Ben Loehrke / https://www.flickr.com/photos/benloehrke/

Agribusiness executives and researchers are describing Indiana as an area poised to become a global heavyweight in food-science research.

Elanco president Jeff Simmons says Indiana is building a roster of companies working on ways to boost food production to meet the needs of a world population projected to hit 10-billion in 35 years.

For instance, Simmons says, it’ll take a 60-percent increase in milk production to serve that many people.

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Business
6:00 am
Thu January 15, 2015

Appeals Court Rules State's Tort Claim Cap Constitutional In Stage Collapse Case

The music stage at the Indiana State Fairgrounds after it collapsed on August 13, 2011.
Credit Rich Evers / https://www.flickr.com/photos/richevers/6042201042

The Indiana Court of Appeals Wednesday ruled that the state’s tort claims cap – which limits how much money people can sue the state for – is constitutional. 

The state’s tort claims cap is set at $700,000 per person and $5 million per incident. 

Jordyn Polet is the only injured victim of the State Fair stage collapse who did not accept the state’s settlement offer in 2011. 

Part of Polet’s lawsuit over the tragedy challenged that claims cap. 

In a unanimous decision, the Court of Appeals upheld the constitutionality of the cap. 

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