Business

The Indianapolis International Airport will have direct flights to Paris through Delta Airlines beginning May 24, 2018. Gov. Eric Holcomb discussed Wednesday what it took to secure the airport’s first transatlantic direct flight.

The Indiana Economic Development Corporation will provide Delta up to $5.5 million in conditional incentives over the next two years for the Paris flight.

Indiana Secretary of Commerce Jim Schellinger says the condition is whether or not Delta can fill the planes.

The $130-billion merger of chemical and material manufacturing giants Dow and DuPont is now official, nearly two years after it was first announced.

In the next 18 months, the newly created DowDuPont will split into three businesses – for material sciences, specialty products and agricultural chemicals.

The agriculture division stands to affect Indiana the most. Dow AgroSciences has 1,500 workers in Indianapolis, and more at seed and chemical dealerships statewide.

Indiana’s battle to collect online sales tax from businesses that don’t have a physical presence in the state will more likely play out in Congress than in the courts, says one economist.

Indiana does collect sales tax from companies such as Amazon, which has seven distribution centers across five counties.

But the state also wants to tax online retailers including Wayfair and Overstock, which don’t – but still earn more than $100,000 a year from Hoosiers.

The state of Indiana filed a lawsuit Monday to allow it to collect sales tax from online sellers who don’t have a presence in Indiana.

New state legislation that prompted the lawsuit means the state could collect those taxes if the courts rule in its favor.

The U.S. Supreme Court ruled in 1992 that online retailers don’t have to collect and remit sales tax if they have no physical connection to the state.

Indianapolis-based shopping mall developer Simon Property Group is suing Starbucks over the coffee chain’s plans to close Teavana stores in malls nationwide.

The lawsuit argues Starbucks doesn’t have grounds to break its leases on 78 Teavana stores at Simon-owned malls, including five stores in Indiana.

Four years after buying the mostly mall-based tea brand, Starbucks said in July it would close down its 379 Teavana stores.

Most of the stores in Simon malls have years left on their leases, according to the lawsuit filed Aug. 21 in Marion County Superior Court.

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