Indiana steel mill agrees to pay $3M, improve waste system
The agreement comes more than two years after a discharge of ammonia and toxic chemicals killed thousands of fish and closed Lake Michigan beaches, the federal government said Monday.
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Federal Reserve officials agree on a March rate hike but little else
A worsening inflation picture has touched off a range of opinions from the Federal Reserve’s policymakers about just how fast they should raise interest rates.
Once more, health care tops lists of False Claims Act violations
The U.S. Department of Justice said it obtained $5 billion in settlements and judgments last year from drug and medical device manufacturers, managed care providers, hospitals, pharmacies, hospice organizations, laboratories and physicians.
Whetstone, former state lawmaker turned lobbyist, seeks return to the Legislature
Republican Matt Whetstone of Brownsburg has filed to run in the open Indiana House District 25 in Hendricks and Boone counties. He joins three other Republicans in a crowded primary race.
Developers plan $300M, 125-acre Plainfield project with housing, commercial space
Percolating under the radar for two years, the first phase of Hobbs Station is expected to feature 300 apartments, 99 single-family homes and 500,000 square feet of logistics space.
Indiana lawmakers turn down changes to mail-in voting rules
The proposal would have required voters who requested mail-in ballots to swear under possible penalty of perjury that they wouldn’t be able to vote in person at any time during the 28 days before Election Day.
Tamika Catchings steps down as Fever’s GM, VP of basketball operations
Catchings has not been able to duplicate the success she had as a player in her role as an executive with the Indiana Fever. The team has named former coach Lin Dunn to replace Catchings on an interim basis.
IUPUI philanthropy school to offer new doctorate in fall 2023
The school said the doctorate in philanthropic leadership will help address what it calls a significant leadership gap.
IBJ Podcast: Stephen Goldsmith talks Circle Centre revamp, equity in workforce development
Host Mason King talks with Goldsmith about how the city and the mall owners should think about what’s next. And they discuss Goldsmith’s new book on one of the business world’s biggest problems, “Growing Fairly: How to Build Opportunity and Equity in Workforce Development.”
Key U.S.-Canada bridge reopens after police clear protesters
The crossing normally carries 25% of all trade between the two countries, and the blockade on the Canadian side had disrupted business in both countries, with automakers forced to shut down several assembly plants.
Super Bowl advertising goes heavy on nostalgia, star power
Advertisers shelled out up to $7 million for 30 seconds of airtime during the Super Bowl, so they pulled out all the stops to win over the estimated 100 million people that tune into the game.
From campus to Congress, colleges urged to end legacy boost
America’s elite colleges are facing growing calls to end the decades-old tradition of giving an admissions boost to the children of alumni—a practice that critics say is rooted in racism and bestows an unfair advantage to students who need it least.
Car dealers are raising prices. Automakers are pushing back. Consumers are stuck in between.
Soaring car prices have set off a battle between automakers and independent dealers, with consumers routinely paying hundreds, often thousands, more than the listed price amid a protracted vehicle shortage.
Greenwood man gets jail for role in Jan. 6 Capitol attack
The government said Joshua Wagner’s phone video showed him referring to Capitol police officers as “traitors.”
Canadian judge orders end to blockade at border bridge
It was not immediately clear when or if law enforcement officers would be sent in to remove the demonstrators.
With a history of landing foreign investment, Indiana plans its first Global Economic Summit
The Indiana Global Economic Summit will take over the Indiana Convention Center and other downtown sites May 26-29.
FDA gives early-use authorization to Lilly’s new COVID-19 antibody
The Indianapolis-based drugmaker said the antibody is effective against the omicron variant and it has already manufactured several hundred thousand doses. The deal calls for the federal government to pay Lilly more than $720 million.
Pfizer’s COVID-19 vaccine for children under 5 faces delay
U.S. regulators on Friday put the brakes on their push to speed Pfizer’s COVID-19 to children under 5, creating major uncertainty about how soon the shots could become available.
Matthew Levy: Global businesses should remain agile and optimistic in 2022
There are several reasons to remain upbeat. The market is adapting, the U.S. government has implemented policies for relief, and merger and acquisition activity remains at historically high levels.
Bohanon & Curott: Policymakers now need to rein in economic stimulus
The best way to assess how our policymakers have performed is by gauging how well they have kept the dollar value of income in the economy—what economists call nominal gross domestic product (NGDP)—growing on its expected path.