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NICO Corp.’s brain surgery tools gain traction, $12.6M in new funding

October 28, 2022 | John Russell

After 15 years of coaxing and cajoling the medical community to consider a different way to do brain surgery, NICO co-founder Jim Pearson has numbers to show more surgeons and investors are buying into his vision.

Chatham Arch home built in 1910 offers sophisticated urban living

October 28, 2022 | Deb Brandt

When Dr. Ed Eppler purchased his then-rundown Chatham Arch home in 2016, he had a big vision for its future. Built in 1910, the brick structure at 628 N. East St. is narrow and deep. Dominated by small rooms and a little galley kitchen, it needed a lot of work. Three original fireplaces were hidden […]

Fed seen aggressively hiking rates again, triggering global recession

October 28, 2022 | Bloomberg News

Federal Reserve officials will maintain their resolutely hawkish stance next week, laying the groundwork for interest rates reaching 5% by March 2023, moves that seem likely to lead to a U.S. and global recession, economists surveyed by Bloomberg said.

Task force recommends crackdown on bad landlords, more funding to ease housing woes

October 28, 2022 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

An interim study committee examining solutions to Indiana’s housing crisis on Thursday approved a lengthy list of recommendations for future legislation.

Statehouse

Central Indiana existing home sales continue downward slide

October 28, 2022 | IBJ Staff

In Marion County—the most active market in central Indiana—closed sales of existing homes in September were down 16.1% on a year-over-year basis.

Can Democrats put dent in Indiana GOP’s legislative supermajority?

October 28, 2022 | Peter Blanchard

In order to break the Republican supermajority in both chambers, Democrats would need to gain five House districts and six Senate seats in the Nov. 8 election.

Key U.S. inflation gauge stayed at high 6.2% in September

October 28, 2022 | Associated Press

A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily.

Indianapolis-based ed-tech firm Willo acquired by textbook retailer Follett

October 28, 2022 | Susan Orr

Follett, an educational services company with about 6,000 employees nationwide, said it plans to keep Willo’s employees, local Indianapolis presence and brand name. Plans also call for expanding Willo’s 15-person staff.

2022 Women of Influence

2022 Women of Influence

Meijer plans to build smaller-format grocery store on west side of Noblesville

October 28, 2022 | Daniel Bradley

The retail giant plans to build a grocery store and gas station near the northeast corner of the intersection of State Road 32 and Little Chicago Road.

Jim Irsay on mission to spread mental health awareness

October 27, 2022 | Associated Press

The Indianapolis Colts owner, who has publicly battled alcoholism and addiction, has made it a personal mission to help people by breaking down barriers surrounding mental health.

Jim Irsay

Top Twitter executives fired as Elon Musk takeover begins

October 27, 2022 | The Washington Post

Musk became Twitter’s owner late Thursday as his $44 billion deal to take over the company closed, marking a new era for one of the world’s most influential social media platforms.

Biden signs international climate deal to limit refrigerants

October 27, 2022 | Associated Press

More than 130 nations, including China, India and Russia, have formally ratified the agreement, which compels countries to limit the use of hydrofluorocarbons.

Amazon stock tumbles on weaker-than-expected 3Q revenue

October 27, 2022 | Associated Press

The Seattle-based e-commerce behemoth’s weak forecast for the fourth quarter indicates that it expects things to get tougher.

amazon big pic

IPS superintendent seeks tax increase to fund school reorganization plan

October 27, 2022 | Alex Brown, Inside INdiana Business and Amelia Pak-Harvey, Chalkbeat Indiana

The tax referendum—which would be on the May 2023 ballot—would increase the median homeowner’s bill by $6 per month, IPS officials said.

Indianapolis low-income housing agency hit by ransomware

October 27, 2022 | Associated Press

Executive Director Marcia Lewis said an investigation by information technology security experts, law enforcement, and the agency’s IT service providers is underway, and the attack was still ongoing as of Wednesday.

Commission recommends new funding model for higher education

October 27, 2022 | Whitney Downard, Indiana Capital Chronicle

The proposed funding model comes from the Commission for Higher Education, which the General Assembly tasked with researching a new formula to cover costs at Indiana’s state colleges and universities. 

Musk doesn’t seek ‘free-for-all hellscape’ for Twitter

October 27, 2022 | Associated Press

Elon Musk is telling Twitter advertisers he is buying the platform to “help humanity.” The message posted Thursday on Twitter came a day before Musk’s deadline for closing his $44 billion deal to buy the social-media company and take it private.

Dance Kaleidoscope’s David Hochoy to retire after 32 years in role

October 27, 2022 | Dave Lindquist

Hochoy, Dance Kaleidoscope’s artistic director since 1991, helped the company establish its studios at Circle City Industrial Complex.

Dance Kaleidoscope horizontal
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