Cheaper electric vehicles coming despite high battery costs
The latest announcement came Thursday from General Motors, a Chevrolet Equinox small SUV with a starting price somewhere around $30,000 and a range-per-charge of 250 miles.
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From Aretha Franklin to Outkast: Tonic Ball reveals its honored acts
Tonic Ball will feature Indiana musicians performing songs popularized by Aretha Franklin, Outkast, Jimi Hendrix and Taylor Swift.
Powell: Fed hoping higher rates won’t mean deep U.S. recession
New research released Thursday concluded that the Federal Reserve will probably have to accept a much higher unemployment rate than it expects—possibly as high as 7.5%—to curb inflation.
Westfield-based Taranis lands $40M growth investment
Taranis, which was founded in Israel in 2015 and moved its headquarters to Westfield in 2020, offers a software platform farmers can use to monitor and manage their crops.
Marion County prosecutor candidate Carrasco shares public safety plan
Using the FedEx Ground facility where eight people were killed last year as a backdrop for a new conference, Republican candidate Cyndi Carrasco on Wednesday blamed Marion County Prosecutor Ryan Mears, a Democrat, for not preventing the mass shooting.
IPS drops employee attendance requirement for $1,500 bonuses
The bonuses were meant to help the district as it struggled to retain staff during the pandemic. They are being funded with $14 million in federal COVID relief.
Ryan begins new chapter as Colts continue revolving QB story
For the Colts, it’s the same old story. Another new season, another new quarterback. But they’re hoping Ryan is the guy to end their quarterback carrousel by playing at a championship level.
FDA panel backs much-debated ALS drug in rare, second review
The ruling Wednesday was a remarkable turnaround for the much-debated medication that was previously rejected by the same group earlier this year.
City breaks ground on $6.8M Old Southside infrastructure project
The South Meridian Street corridor will receive a multi-use path, upgraded traffic signals for cyclists and cars, improvements to stormwater infrastructure and raised crosswalks.
Apple maintains prices on new iPhones despite inflation
Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery at the same prices as last year’s model.
Activists call on AES Indiana to retire coal-fired Petersburg plant
The largest and dirtiest power plant in AES Indiana’s fleet is coming under renewed criticism for violating its air and water permits and for maintenance problems that have contributed to higher customer bills.
Pat McAfee joins ESPN’s ‘College GameDay’ team
Former Indianapolis Colts punter Pat McAfee will make his debut as a full-time “GameDay” cast member on Saturday.
Regal Cinemas parent files for Chapter 11 bankruptcy
Cineworld had built up $4.8 billion in net debt, not including lease liabilities. The company, which has about 28,000 employees, previously said that its admissions levels have recently been below expectations.
UPS to hire more than 100,000 workers for holidays
In the Indianapolis area, UPS said it expects to hire more than 3,000 seasonal employees ahead of the holiday rush.
ClusterTruck spins off its software platform into a standalone business
The spinoff, Empower Delivery, is targeting independent restaurant chains that have between five and 50 locations in a market but haven’t yet gotten into delivery in a big way.
IRS to look into setting up free electronic tax filing system
The IRS has lacked the funding—or the clout to outmaneuver private lobbyists—to seriously consider its own e-filing platform, current and former officials say, forcing taxpayers instead to deal with a consortium of private providers.
Law firm Barnes & Thornburg opens two more East Coast offices
The New Jersey and Philadelphia offices will be anchored by former attorneys from Faegre Drinker Biddle & Reath.
U.S. plans shift to annual coronavirus shots, similar to flu vaccine
The federal government has purchased more than 170 million doses of the updated boosters, and doses began shipping last week, following authorization by the Food and Drug Administration.
Purdue University touts record increase in faculty members
Purdue University said it has added more than 200 faculty members over the past year, marking the largest single-year increase in the school’s 153-year history.
Indiana to tax student loan forgiveness, similar to other states
Democratic state Rep. Rep. Greg Porter of Indianapolis condemned the policy in a statement Tuesday and said he was drafting legislation to retroactively eliminate state income tax on debt relief.