Indiana refinery fire expected to have little impact on gas prices
Patrick De Haan, head petroleum analyst at GasBuddy, which tracks gas prices nationally, called the Whiting facility closure a “temporary setback.”
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Fed’s real-time payment system coming as soon as May
In development for effectively a decade, FedNow is expected to allow banks of any size to send payments to each other in real-time. That will allow bank customers to send real-time payments to one another on the same rails.
Two races uncontested in IPS school board election
Two candidates are unopposed in separate races. A third seat attracted only two candidates. And three incumbent board members chose not to seek re-election after a single term.
Indiana leads the nation in medical data breaches, report says
More than 80 million Indiana medical records have been breached since 2009, a new study shows. Much of that was due to one massive incident involving insurance company Anthem Inc. (now called Elevance Health Inc.) in 2015.
LG, Honda looking at Ohio, Indiana for $4.4B joint venture to make EV batteries
The plant’s site is still undecided, but construction will begin in early 2023, with mass production of advanced lithium-ion battery cells to start by the end of 2025.
NBA 2K League president says Indianapolis contender to host 2023 season
Brendan Donohue, president of the NBA 2K League, said that if the Pavilion at Pan Am were not being torn down, the likelihood of Indianapolis retaining the league would be much higher, but noted the loss of the facility isn’t a deal breaker.
Despite federal COVID funding inaction, Indiana still has plenty left to spend
Indiana still has 43% of its $1 billion-plus in federal COVID-19 grants left to spend, according to Indiana State Department of Health data.
Indy-based Olio Health secures $13M in growth funding
The company, which has developed a workflow and collaboration software platform designed to improve post-acute care outcomes for patients, said it plans to use the funding to further product development and make key hires in several departments.
IBJ Podcast: Pete the Planner with money lessons for your kids (and refreshers for adults)
Host Mason King has a 6-year-old with a keen interest in money, so he has turned to Pete—has two kids, ages 10 and 13—for his advice in this week’s edition of the podcast.
Pat Benatar & Neil Giraldo collect top concert paycheck at Indiana State Fair
Chaka Khan collected the second-highest check from the Indiana State Fair, which paid a total of $883,750 for 18 performances at the Free Stage.
Hamilton County administrator announces retirement after 49 years with county
Dan Stevens, who previously served eight years as Hamilton County sheriff, has been Hamilton County’s director of administration since 2009.
Allison awarded $6.5M in DOD funding to develop armored-vehicle transmission
Allison Transmission said its NextGen transmission, if accepted, will be part of the U.S. Army’s Optionally Manned Fighting Vehicle.
EPA waives fuel rule in four states after Indiana refinery fire
The waiver lifts a Clear Air Act requirement that lower-volatility gasoline be sold in the states during summer months to limit ozone pollution. The refinery provides about 20% to 25% of the gasoline, jet fuel and diesel used by Indiana, Michigan, Wisconsin and Illinois.
Product-liability lawsuits against 3M can proceed, Indianapolis judge rules
Indianapolis-based Aearo Technologies LLC’s recent bankruptcy filing won’t shield its corporate parent 3M Co. from the massive flood of product-liability lawsuits over Aeros’ military earplugs, a judge has ruled.
Stocks see biggest drop in 2 months as Fed dashes hopes for easing rates
The losses came after Chair Jerome Powell said the Federal Reserve will likely need to keep interest rates high enough to slow the economy for some time in order to beat back the high inflation sweeping the country.
Is gray fading? Designers say color is losing its dominance.
After decades of gray-dominated interiors, other colors are starting to rise to the forefront, including white, green, blue and yellow.
Craftsman home in Irvington blends historic design with owner’s art
Previous owners Brian and Emily Mack spent 17 years living in and lovingly restoring the 1908 Craftsman home built by Carlos and Anne Recker. It was designed by Gustav Stickley and is the only known example of his work in Indianapolis.
All-Star Real Estate Agents: The Indy area’s top teams and solo sellers
Jennil Salazar switched agencies to Compass Indiana LLC but held on to the top spot of the IBJ All-Star Solo Agents for the fourth straight year. And a trio of veteran real estate agent teams maintained their hold on the top three places in IBJ’s All-Star team rankings, with Dennis Nottingham’s Indy Home Pros Team in the No. 1 position.
Jalene Hahn: Try these steps to minimize your probate estate
Probate is the process by which debts are paid and assets are divided after a person passes away. The probate process can apply whether or not the deceased left a will.
Can Indiana secure a CHIPS Act tech hub?
With the help of new federal legislation, Indiana leaders believe they have a strong chance of making the state a tech metropolis in the nation’s heartland.
