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American women players settle suit vs. U.S. Soccer for $24M

February 22, 2022 | Associated Press

U.S. women soccer players reached a landmark agreement with the sport’s American governing body to end a six-year legal battle over equal pay, a deal in which they are promised $24 million, plus bonuses that match those of the men.

High court takes case involving refusal to serve gay couples

February 22, 2022 | Associated Press

The high court said Tuesday it would hear the case of a web designer who says her religious beliefs would lead her to decline any request from a same-sex couple to design a wedding website.

Standard General acquiring WTHR parent in $5.4B cash deal

February 22, 2022 | Associated Press and IBJ Staff

New York City-based investment firm Standard General plans to take television station owner Tegna private in the deal, which has an enterprise value of about $8.6 billion, including the assumption of debt.

Lilly plans $700M genetic medicine institute in Boston

February 22, 2022 | IBJ Staff

The Indianapolis-based pharmaceutical company said the facility is part of its strategy to advance RNA-based therapeutics and builds on its acquisition of Prevail Therapeutics, a gene therapy company based in New York.

NFL scouting combine loosens virus rules after blowback

February 21, 2022 | Associated Press

Players attending the NFL’s scouting combine in Indianapolis next week won’t have to stay in a “bubble” as originally ordered after organizers loosened regulations Monday night after getting blowback for strict COVID-19 rules issued over the weekend.

rop-combine-012516-2col.jpg

Indy-based Direct Connect Logistix acquires Utah business

February 21, 2022 | Alex Brown, Inside INdiana Business

While DCL said it plans to grow the Utah location, the company’s headquarters will remain in Indianapolis, where it employs 160 and is expanding its workforce.

Michigan’s Howard suspended 5 games for Wisconsin altercation

February 21, 2022 | Associated Press

University of Michigan men’s basketball coach Juwan Howard also was fined $40,000 for hitting a Wisconsin assistant in the head, triggering a postgame skirmish.

Cummins awards more than $1M to boost Martindale-Brightwood neighborhood

February 21, 2022 | Alex Brown, Inside INdiana Business

The grant will be used to fund mortgages to low-income residents who are buying one of 12 newly-constructed homes that are being built on previously-vacant properties in the neighborhood.

Archdiocese seeks state high court ruling over teacher fired for same-sex marriage

February 21, 2022 | Marilyn Odendahl / The Indiana Lawyer

The Archdiocese is continuing its fight to block the discrimination lawsuit brought by Joshua Payne-Elliott. The language and social studies teacher was fired after 13 years of teaching at Cathedral High School because he is married to a man.

20 Indiana hospitals docked for high rates of patient injuries, infections

February 21, 2022 | John Russell

The fines are one way Medicare is clamping down on hospitals, using penalties and incentives authorized by the Affordable Care Act to push for better outcomes, fewer safety problems and a lower number of readmissions.

State lawmakers table IndyGo Blue Line amendment

February 21, 2022 | Leslie Bonilla Muñiz

The House Ways and Means Committee on Monday tabled an amendment that would have conditioned the removal of some public transportation funding requirements on compliance with new lane minimums—which would’ve involved budget-busting redesign and land acquisition over several miles of the proposed 24-mile route.

U.S. virus cases, hospitalizations continue steady decline

February 21, 2022 | Associated Press

In Indiana, hospitalizations for COVID-19 fell to 1,093 on Sunday, down 69% from a pandemic high of 3,519 on Jan. 13. 

Indiana lawmakers advance stripped-down college aid application bill

February 21, 2022 | Associated Press

A bill that seeks to increase the number of Indiana students who complete the federal college financial aid application advanced to the Indiana House on Monday, but only after lawmakers removed an significant mandate from the measure.

Federal Reserve governor opens door to half-point rate hike in March

February 21, 2022 | Associated Press

Federal Reserve Governor Michelle Bowman said Monday that she was open to lifting interest rates by more than the traditional quarter-point at the central bank’s next meeting in March.

Central Indiana homebuilders off to slow start in 2022

February 21, 2022 | IBJ Staff

Central Indiana homebuilders are coming off their busiest year since 2005, but January saw a big drop in single-family building permit filings.

2022 Technology Power Breakfast

World shares mixed as investors eye Ukraine, inflation

February 21, 2022 | Associated Press

The concern that Russian troops could descend on the Ukrainian capital, Kyiv, a city of about 3 million people less than a three-hour drive away, has added to uncertainties for investors already jittery over central bank strategies to combat inflation.

Michigan hoops coach Howard hits Wisconsin assistant after loss

February 21, 2022 | Associated Press

Juwan Howard struck Wisconsin assistant Joe Krabbenhoft after jawing with Wisconsin coach Greg Gard during the handshake line. The Big Ten said it planned to “take swift and appropriate disciplinary action when it completes its review.”

IBJ Podcast: Groundbreaking history of African Americans in Indy debuts

February 21, 2022

Historian David Leander Williams has built on his previous works documenting the city’s jazz and rhythm-and-blues legacies with “African Americans in Indianapolis: The Story of a People Determined to Be Free,” published by Indiana University Press.

Rents skyrocketing across United States with no end in sight

February 20, 2022 | Associated Press

In the 50 largest U.S. metro areas, median rent rose an astounding 19.3% from December 2020 to December 2021, according to a Realtor.com analysis of properties with two or fewer bedrooms. Indianapolis-area rents have seen a smaller, but still significant, jump.

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Lesley Weidenbener
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