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High Alpha startup Humankind closes on $4.2M seed round

September 23, 2022 | Susan Orr

Humankind is a software-as-a-service company whose platform allows retailers to make personal connections with online shoppers. Indianapolis-based venture studio launched the company last fall, and it now has 16 employees.

Huber says his new IU job will put focus on school’s role as an economic engine

September 23, 2022 | Alex Brown, Inside INdiana Business

Michael Huber, who will become Indiana University’s vice president for university relations, said the school’s role as an engine to improve lives and the economic vitality of Hoosiers was a big draw.

U.S. watchdog estimates $45.6B in pandemic unemployment fraud

September 23, 2022 | The Washington Post

The new estimate is a dramatic increase from the roughly $16 billion in potential fraud identified a year ago, and it illustrates the immense task still ahead of Washington as it seeks to pinpoint the losses, recover the funds and hold criminals accountable.

Indiana abortion clinics reopening after judge blocks ban

September 23, 2022 | Associated Press

Indiana’s abortion clinics, which were to lose their state licenses under the ban, are preparing to resume the procedures.

4.4M Americans roll up sleeves for omicron-targeted boosters

September 22, 2022 | Associated Press

The Centers for Disease Control and Prevention posted the count Thursday as public health experts bemoaned President Joe Biden’s recent remark that “the pandemic is over.”

City reaches $200K settlement over Towne & Terrace housing complex

September 22, 2022 | Taylor Wooten

Indianapolis officials said the agreement announced Thursday is expected to give the city more control of the crime-plagued housing complex.

Indy Jazz Fest headliner first came to town as Katrina evacuee

September 22, 2022 | Dave Lindquist

Pike High School alum Tarriona Ball will lead Tank and the Bangas during an Indy Jazz Fest performance in Garfield Park.

Tank Indy Jazz Fest

Indianapolis-area insurance broker charged in $4M Ponzi scheme

September 22, 2022 | IBJ Staff

Former insurance broker Brian Simms of Lebanon was arrested Wednesday after being charged with six counts of wire fraud by a federal grand jury.

EV charging patterns could put strain on power grid, study says

September 22, 2022 | The Washington Post

Power companies are offering price breaks to customers who charge their electric vehicles at night, but that’s not an ideal time for a power grid that is switching increasingly to renewables and other clean energy sources.

McLaren hires Barnhart, considering Kyle Busch for Indy 500

September 22, 2022 | Associated Press

The head of McLaren Racing held a town hall Thursday at the team’s IndyCar shop to introduce new hire Brian Barnhart and quell any concerns over this week’s sudden departure of the team president.

Average U.S. long-term mortgage rates hit 15-year high

September 22, 2022 | Associated Press

Average long-term U.S. mortgage rates jumped by more than a quarter-point this week to their highest level since 2007 as the Federal Reserve intensified its effort to tamp down decades-high inflation and cool the economy.

Walmart, Target begin holidays early to ease inflation sting

September 22, 2022 | Associated Press

The holiday sales strategies, announced on Thursday, come amid what is expected to be slower holiday sales growth compared with a year ago.

Outdoor retailer Sierra planning to open first Indiana store in Carmel

September 22, 2022 | Daniel Bradley

The chain is owned by TJX Companies Inc. and has 66 stores in 25 states, including five in Illinois, five in Michigan, two in Ohio and one in Kentucky.

Huber to leave Indy Chamber, join IU as vice president

September 22, 2022 | IBJ Staff

Indiana University said Michael Huber—who previous served as former Mayor Greg Ballard’s deputy mayor for economic development—will lead government relations efforts at the state and federal level as well as economic engagement.

Total Wine & More plans store in Westfield—its fourth in Indiana since legal victory

September 22, 2022 | Daniel Bradley

The Bethesda, Maryland-based liquor superstore chain will open the 34,000-square-foot store—its largest in Indiana—on Sept. 28 at Cool Creek Commons at 2520 E. 146th St. in Westfield.

Letters: Feldman column is spot on

September 22, 2022

IBJ needs to keep his thoughts in front of the legislators and the public.

UPDATED: Judge puts Indiana abortion ban on hold; AG pledges to appeal

September 22, 2022 | Associated Press

The ban was approved by the state’s Republican-dominated Legislature on Aug. 5 and signed by GOP Gov. Eric Holcomb. The ruling comes one week after it took effect.

Patachou to add Zionsville location at former Lemon Bar site

September 22, 2022 | Dave Lindquist

Breakfast-and-lunch spot Patachou on Pine Street will occupy 1,600 square feet in a former garage next to Lions Park.

Patachou Zionsville

Thieves key on hack that leaves Hyundai, Kia cars vulnerable

September 22, 2022 | Associated Press

An insurance industry group said some Hyundai and Kia cars and SUVs are stolen at nearly twice the rate of the rest of the auto industry because their keys lack computer chips for theft “immobilizer” systems.

Powell’s stark message: Inflation fight could cause recession

September 22, 2022 | Associated Press

The Federal Reserve delivered its bluntest reckoning Wednesday of what it will take to finally tame painfully high inflation: Slower growth, higher unemployment and potentially a recession.

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