Business, Economy and Consumer Affairs

(Wikimedia Commons)
Lauren Chapman

Thursday night at the stroke of midnight, speculations became reality when the U.S.-imposed tariffs on $34 billion worth of Chinese goods.

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Tyler Lake / WFIU/WTIU News

  New regulations for Cannabidiol or CBD are meant to help consumers and law enforcement.

CBD has been legal in Indiana since March, but now it’s required to come with a QR code. It’s a type of bar code that can be scanned by a smartphone, which will take you to a page with information about the product.

(Stan Jastrzebski/WBAA)
Lauren Chapman

A Purdue University professor has developed technology he hopes will make fireworks safer.

Federal courts directed the Indiana Supreme Court to give guidance on this question -- whether or not daily fantasy sports companies can use athletes’ names and likenesses. (Peter Balonon-Rosen/IPB News)
Brandon Smith

Federal courts directed the Indiana Supreme Court to give guidance on this question – whether or not daily fantasy sports companies can use athletes’ names and likenesses.

The state's high court considered that question at a hearing Thursday.

Canada Tariffs Could Stifle Future Hoosier Foreign Trade

Jun 12, 2018

Mexico and Canada have retaliated against the Trump Administration’s newest round of steel and aluminum tariffs. These new taxes could hurt states, like Indiana, that have supported the president.

The first genetically-modified animal for human consumption could be arriving in grocery stores across the United States as early as next year.

Massachusetts-based AquaBounty Technologies has developed a biotech salmon that it plans to grow near no major body of water, in a production facility in the small town of Albany, Indiana. The company producing the breed of high-tech fish hopes to change the aquaculture industry.

As unlikely as the location is, the fish is just as unusual.

Science Behind the Fish

Markus Spiering / https://www.flickr.com/photos/spierisf/11372319394

Though West Lafayette leaders are thinking of changing the rules for how often rental units are inspected and how much landlords are charged for those properties, the man in charge of the process says a reason outlined in the ordinance isn’t much of a concern.

A revised ordinance up for consideration by the City Council cites what it calls “widespread problems with overoccupancy of rental housing” as a reason to rewrite the law.

Courtesy Sears Holdings

Three Indiana Sears stores will close in early September – including the one in Lafayette’s Tippecanoe Mall.

The Sears locations in Indianapolis and Muncie were also on the list of the 63 stores that will be shutting down after Sears found them to be, in the words of a corporate press release, “non-profitable.”

The Auto Centers at those locations will be shuttered in late July.

At the end of this month, 27 Indiana dairy farms – some small, some big – are nearing the end of a 90-day notice that their contracts with national distributor Dean Foods will be terminated.

(Indianapolis Power & Light)
Lauren Chapman

A state agency representing utility customers says Indianapolis Power & Light doesn’t need a $96 million rate hike. The agency has received more than 2,700 comments from customers opposing the proposed increase. 

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