CICP Foundation lands nearly $35M from Lilly Endowment
The foundation said the funds will be used to support collaborative projects in Indiana’s agbiosciences, life sciences, advanced manufacturing and logistics and technology sectors.
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Pfizer, BioNTech seek OK for 2nd COVID booster for people 65 and older
The decision from the FDA could come relatively quickly, especially if officials conclude the data is straightforward and does not have to be reviewed by a panel of outside vaccine experts.
Zionsville’s solar effort recognized by national program
The designation from SolSmart recognizes Zionsville for taking steps to encourage solar energy and remove obstacles for solar development.
Indianapolis launches first phase of building energy tracking program
Called Thriving Buildings, the program’s initial phase includes voluntary participation by private building owners while mandating participation for some municipal buildings.
Black quality of life initiative accepting first round of grant applications
The initiative is a partnership between the Indianapolis Urban League, the National Urban League and the African American Coalition of Indianapolis, and is funded with a $100 million Lilly Endowment Inc. grant awarded in August 2020.
Sweets & Snacks Expo to take place in Indy six more times over next decade
The National Confectioners Association said Tuesday that the show will rotate between Indianapolis and Las Vegas starting in 2024, moving from Chicago where it has been held since 1997.
Local developers planning $60M apartment, retail project on Cultural Trail in Fountain Square
The site of a one-story, nondescript building in Fountain Square used sparingly for local White Castle operations soon could house a five-story building with nearly 200 apartments and six street-level storefronts.
New sites for deaf school, state archives building announced by governor
Gov. Eric Holcomb on Tuesday announced long-awaited site plans involving the Indiana School for the Deaf, the Indiana School for the Blind and Visually Impaired, and a new state archives building.
State alcohol board revokes Taps & Dolls’ liquor license
At a Marion County hearing earlier this month, police representatives detailed hundreds of runs to the bar and a neighboring night spot to respond to fights and other incidents.
U.S. producer prices up 10% in February from a year ago
The Labor Department said Tuesday that its producer price index—which tracks inflation before it hits consumers—rose another 0.8% from January to February.
Indy faces $1B annual transportation infrastructure funding gap, report says
The city of Indianapolis faces a huge funding gap to improve and maintain its roads, bridges, sidewalks and other transportation infrastructure—an amount approaching the city’s $1.3 billion annual budget—according to a new Department of Public Works report.
New legislation adds incentives for Indiana film, media productions
Eligible productions could include film, television, music or digital media. State Rep. Bob Morris (R-Fort Wayne) said the legislation could make Indiana a leading state for film and media production.
Westfield City Council votes down disability advisory council
The Westfield City Council on Monday night rejected a proposed ordinance that would have established an advisory council on disabilities, similar to committees already in place in Carmel and Fishers.
Indiana attorney general bills state $2,300 for border trip
The state Democratic Party criticized Rokita for spending taxpayer money on what it called a “political trip.”
House Dems seek probe of Postal Service plan for new mail truck fleet
The plan largely ignores White House calls to replenish the mail-service fleet with electric vehicles and has drawn sharp criticism from the Biden administration, Democratic lawmakers and environmentalists.
Anthem sues former executive over trade secrets
Indianapolis-based health insurer Anthem Inc. is suing a former executive, claiming he stole trade secrets, went to work for a direct competitor, and breached a contract involving restricted stock agreements.
45M Americans expected to bet on March Madness hoops
The American Gaming Association predicted that $3.1 billion will be wagered on this year’s tournament, a figure that includes legal bets as well as those placed with illegal bookies or offshore web sites.
U.S. office buildings face $1.1 trillion obsolescence problem
Office buildings that opened since 2015 recorded more than 51 million square feet of occupancy gains since COVID hit, but vacancies have swelled elsewhere, according to Jones Lang LaSalle.
Oil retreats to about $102 per barrel with focus on Ukraine-Russia talks
A further round of talks between Russian and Ukrainian officials on Monday will focus on discussing a potential ceasefire with an immediate withdrawal of troops and security guarantees, Ukraine negotiator Mykhailo Podolyak said.
Indiana’s unemployment rate continues descent, slipping to 2.4%
However, the state’s labor force participation remains at 61.9%—a record low for at least the last 45 years if one doesn’t count its sudden fall to 60.8% and quick recovery in the first three months of the pandemic.