Vocal redistricting supporter removed as chair of Indiana Senate Judiciary Committee
Sen. Cyndi Carrasco, an Indianapolis Republican and general counsel for the University of Indianapolis, was appointed as the new chair.
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Average US long-term mortgage rate ticks down to 6.18% this week
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, rose this week.
Amid stadium search, Chicago Bears conduct testing in northwest Indiana
Reports this week say the Bears sent a team of trucks and drilling equipment to a location not far off the Indiana Toll Road to conduct site testing.
3-story condominium building planned alongside Merchants Bank HQ in Carmel
The project site also features a Merchants Bank of Indiana corporate headquarters expansion and a six-story apartment building that is nearing completion.
US unemployment claims fall again last week, remain at historically healthy level
However, since March, job creation has fallen to an average 35,000 a month, compared to 71,000 in the year ended in March.
Elevance to institute policy cutting hospital reimbursements if out-of-network providers involved in care
The dispute between Indianapolis-based Elevance and provider groups centers on the federal No Surprises Act, enacted in 2022, which seeks to protect patients from unexpected, expensive out-of-network medical bills.
Over one year, Medicaid paid more than $207M for dead people. A new law could help fix that.
Since 2016, the Department of Health and Human Services’ inspector general has conducted 18 audits on a selection of state programs.
Powerball’s $1.7B jackpot is 4th largest on record
A Christmas Eve Powerball drawing could add new meaning to holiday cheer as millions of players hope to cash in on the prize, which comes after months without a jackpot winner.
Indiana’s Cignetti and Alabama’s DeBoer reflect on stints as assistants at each other’s schools
The IU coach believes his four seasons working with Nick Saban helped him learn how to prioritize organization, avoid complacency and maintain high standards.
Trump administration moves to overhaul how H-1B visas are granted, ending lottery system
The change follows a series of actions by the Trump administration aimed at reshaping a visa program that critics say has become a pipeline for overseas workers willing to work for lower pay but supporters say drives innovation.
Indy-based, foster youth-focused nonprofit faces $600K state, federal funding loss
The cuts, which represent about 12% of Foster Success’ budget for its Indiana programs, will curb access to basic needs assistance, education and job training, financial empowerment and networking.
Fast shipping is increasing emissions. Here’s why delivery has become more polluting.
Companies like Amazon, which provides same-day or overnight shipping in many cases, are changing their delivery vehicles and processes to minimize environmental impact.
M/I Homes wants to expand subdivision approved this summer in Noblesville
Earlier versions of the Bending Branch project called for 190 single-family ranch and two-story houses on 99 acres.
Indiana business groups create nonprofit to push for civil, tort law reforms
Groups including the Corydon Group, the Indiana Motor Truck Association, the Indiana Chamber of Commerce and the Indiana Manufacturers Association are banding together to advocate for pro-business reforms.
Chamber of Commerce
Chambers of Commerce play a vital role in strengthening local business communities by providing networking opportunities, advocacy, resources, and support that help businesses of all sizes thrive. These organizations serve as powerful connectors, bringing together entrepreneurs, established companies, and community leaders to foster economic growth and collaboration. Indianapolis Business Journal is proud to support the […]
Abandoning homeownership may change how young people behave at work and home, research suggests
While 84% of the people born in 1950 became homeowners at some point in their working lives, the researchers estimated that only 74% of 1990 babies will follow suit.
US economy expands at 4.3% annual rate in the third quarter, fastest in 2 years
But economists caution that persistent and potentially worsening inflation could make a January interest rate cut from the Fed less likely.
Dozen-plus Indy-area industrial parks sold to California firm
The portfolio consists of 38 buildings in total with a healthy collective occupancy rate of 97.5%. Their value as renovated space is far greater than new construction, according to the seller.
Indiana lawmakers to weigh joining Trump’s tax cuts
Legislators would likely need to act quickly to enact any tax breaks for 2025 before individuals and businesses begin filing their tax returns.
How corporate counsel are dealing with artificial intelligence in-house
The integration of AI adds a new layer of legal precautions for corporate counsel to navigate to ensure that both their companies and employees comply with company policy and ethical standards.
