AGP Executive Report
Last update: 4 hours agoCorporate Results: Zimmer Biomet’s third-quarter earnings fell 17% to $192 million, even as sales rose 3% to $2.06 billion. Statehouse Shift: Democrats made major gains in Indiana legislative races, while Republicans chose Rep. Ben Smaltz as speaker-elect. Democrats say the results could put affordability higher on the agenda. Investment & Jobs: SK hynix broke ground on a $4 billion high-bandwidth memory plant in Indiana, and the state received nearly $19 million for workforce training. Indiana also recorded its highest number of new apprentices in a decade. Utility Costs: Gov. Mike Braun directed regulators to speed reviews of utility rate-reduction proposals, a move that could ease costs for households and businesses. Local Funding: Indianapolis voters approved a measure expected to generate $95 million for IPS and charter schools; districts statewide also won funding referendums. Regional Development: Voters in Allen, DeKalb and Steuben counties rejected casino proposals, ending plans proponents said would bring jobs and tax revenue.
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