Business & Economy

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.

A trucking company moving from Illinois to Indiana is the latest of dozens of companies that have made that switch in recent years.

It’s a boon to struggling northwest Indiana economies that Indiana officials say is thanks to their state’s business-friendly tax and regulatory structure.

The Indiana Economic Development Corporation says at least 55 companies have moved some or all of their business from Illinois to Indiana in the past two years. They say that will create more than 5,500 jobs and $610 million in investment.

U.S. Sen. Joe Donnelly pushed back Wednesday against criticism that his family’s company outsourced jobs to Mexico.

At a campaign event Donnelly held with Rexnord and Carrier union workers on outsourcing, Donnelly says his involvement in his brother’s company ended more than 20 years ago.

And he says when it comes to his 2018 re-election campaign, voters should look at what he’s done in Washington D.C.

“Look, I’ve voted against every single bad trade deal that ever came along. I’ve been fighting this battle for years and years and years,” Donnelly says.

 

The latest federal employment numbers show jobs growing more quickly in urban areas than rural ones across the country – despite low unemployment across all regions.

Seventy percent of job growth from 2016 to 2017 was in places with more than a million residents, according to the Bureau of Labor Statistics. Meanwhile, rural places still struggled to create new jobs and maintain their workforces.

In Indiana, data shows 29 counties gaining jobs more slowly than the national rate in the past year, and another 23 losing jobs overall.

Three top federal officials visited Indiana in August: Environmental Protection Agency administrator Scott Pruitt, Housing and Urban Development Secretary Ben Carson, and Secretary of Agriculture Sonny Perdue.

The trips were tightly scripted and large parts were closed to the public.

While federal officials have visited Indiana in the past, there has been an uptick in visits since President Donald Trump took office.

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