Republic Airways to launch aircraft dispatch training program
Indianapolis-based Republic Airways announced plans Thursday to start what it says is the state’s first aircraft dispatch training program.
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Indy Parks committee advances plans to buy 50 acres
The Indianapolis City-County Council’s Parks and Recreation Committee on Thursday unanimously advanced a plan to acquire four plots of land adjacent to existing parks.
Emmis makes stock buyback offer, seeking up to 2 million shares
The stock buyback offer, announced Thursday, applies to up to 2 million shares of Class A common stock at $2.60 per share, or more than $1 per share above the closing price of Emmis shares on Thursday.
Schools debate: Gifted and talented, or racist and elitist?
Increasingly, parents and school boards are grappling with difficult questions over equity, as they discuss how to accommodate the educational aspirations of advanced learners while nurturing other students so they can equally thrive.
Facebook changes its name to Meta as it focuses on virtual world
CEO Mark Zuckerberg said the company plans to focus on what he described as the next wave of computing: a virtual universe where people will roam freely as avatars, attending virtual business meetings, shopping in virtual stores and socializing at virtual get-togethers.
Indiana lawmaker quitting after split over GOP redistricting
Republican Sen. Ron Grooms of Jeffersonville had said in June that he wouldn’t seek reelection next year to the Senate seat he first won in 2010, but he announced Thursday he would step down from office effective Tuesday.
GE Appliances announces $450 million investment in Indiana’s neighbor
GE Appliances—which at one time employed thousands of people in Indiana—announced plans Thursday to add more than 1,000 jobs at its sprawling Kentucky operations as part of a $450 million investment to boost capacity and launch new products.
Indianapolis closes on property key to Twin Aire redevelopment
A strip mall central to Indianapolis’ vision for the neighborhood that is home to the new Community Justice Campus is now in city hands, after years of negotiations.
Biden announces ‘historic’ deal, asks Democrats for votes
President Biden’s remarks at the White House came after he traveled to Capitol Hill to make the case to House Democrats for the still robust domestic package—$1.75 trillion of social services and climate change programs the White House believes can pass the 50-50 Senate.
U.S. jobless claims drop to pandemic low of 281,000
In all, 2.2 million people were collecting unemployment checks the week of Oct. 16, down from 7.7 million a year earlier.
U.S. economy slowed to 2% growth rate last quarter in face of COVID
Consumer spending, which fuels about 70% of overall economic activity, slowed to an annual growth rate of just 1.6% after having surged at a 12% rate in the previous quarter.
VW, Stellantis chime into chip optimism with U.S. peers
Both carmakers said they had moved past the worst of the availability issues that have snarled production lines globally. Their views contrasted with those of Samsung Electronics.
Carmel offers new details on $47M ‘1st on Main’ development
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Beck’s Hybrids adds Nebraska to its sales territory
Hamilton County-based seed company Beck’s Hybrids said the marketing expansion increases its total reach to 75 percent of the corn and soybean farmers in the United States.
Former firehouse being transformed into craft beer destination
Chalet, a daytime cafe and an evening bar, is expected to be the seventh business launched in five years by Small Victories Hospitality.
IPS enrollment rises as missing kindergartners return
Enrollment trends will drive crucial upcoming decisions on the future of the district, such as considering potential school closures, evaluating choice programs, and adding charter school partnerships.
Indiana expects 200,000 COVID vaccines for children next week
Indiana officials said Wednesday that the state should be able to immediately inoculate a third of children ages 5 to 11 if the federal government gives approval to vaccines for that age group.
Starbucks raising U.S. workers’ pay as union effort looms
Starbucks’ North America President Rossann Williams said the pay raises not only support workers but will enhance recruitment efforts in a challenging labor market. The company said it’s the third time in 24 months that it has raised workers’ pay.
Biden urges end to talks on spending bill as Dems eye new surtax
Top Democratic leaders are signaling a deal is within reach even though momentum fizzled and tempers flared late Wednesday after a billionaires’ tax and a paid family leave program fell out of the Democrats’ sweeping bill.