Marian University lands $5M grant from Fairbanks Foundation for engineering
Marian University said the grant would help educate “a pipeline of diverse engineering talent” to meet the workforce needs of central Indiana.
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Fed: Sharply higher rates might be needed to quell inflation
Federal Reserve officials are concerned that Americans are starting to expect high inflation to last longer than they had before—a sentiment that could embed an inflationary psychology and make it harder to slow price increases.
Keystone Group acquires two industrial buildings in downtown Carmel
The buildings are south of The Center for the Performing Arts on a 5.4-acre property at the northeast corner of Gradle Drive and 3rd Avenue Southwest.
Fishers-based ‘blank check’ company finds acquisition target
Fishers-based American Acquisition Opportunity Inc. says it has entered into a merger agreement with Royalty Management Corp. in an all-stock deal that values Royalty Management at $111 million. The merger will create a new Fisher-based public company.
Indiana farmers battle production cost spikes
Facing steep increases in food production costs, Indiana farmers warn that consumers are likely to see continued price jumps at stores later this year.
U.S. job openings slip, but employment landscape remains solid
U.S. employers advertised fewer jobs in May as the economy has shown signs of weakening, though the overall demand for workers remained strong.
How hotel satisfaction promises have led to more discontent
Some hospitality experts say that promise—a 100% refund if customers weren’t 100% happy—might’ve made things worse for both the customers and the hotels.
Next frontier for drones is letting them fly out of sight
Aviation authorities in the U.S. and elsewhere are preparing to relax some of the safeguards they imposed to regulate a boom in off-the-shelf consumer drones over the past decade.
Pickle pizza among 22 new vendor menu items at Indiana State Fair
Two alcoholic beverages, Sun King’s Caramel Corn beer & Hi and Mighty’s Lemon ShakeUp, will join the roster of menu items.
Andretti calls team’s meltdown, hot tempers at Mid-Ohio ‘unacceptable’
Teammates Romain Grosjean and Alexander Rossi played bumper cars in a race for position that turned personal. Rossi also hit rookie teammate Devlin DeFrancesco. Grosjean hit Colton Herta, and IndyCar penalized both Rossi and Grosjean for avoidable contact.
IPS expanding virtual tutoring at low-performing schools
Virtual tutoring is the latest addition to a suite of tutoring efforts the district is launching to address academic declines after the COVID-19 pandemic.
$13.1 million awarded to help Hoosiers with eviction legal services
Lt. Gov. Suzanne Crouch and The Indiana Housing and Community Development Authority on Tuesday announced a new partnership with the Indiana Bar Foundation to provide legal services for Hoosiers facing eviction.
Smithfield Foods settles pork price-fixing lawsuit for $42M
The lawsuit remains pending against other major pork producers, including Hormel, Tyson Foods, Seaboard Foods and Triumph Foods, and the Agri Stats database company they allegedly used to share confidential information.
Mexico leader to end daylight saving, keep ‘God’s clock’
Mexico’s president has submitted a bill to end the practice of changing clocks twice a year. The change would mean central Mexican time, which covers most of the country, could be permanently two hours behind the east coast of the United States.
Greg Garrison gets challenger in race for Hamilton County prosecutor
Jessica Paxson, who has served as Hamilton County’s deputy prosecutor for seven years, will run as a Democrat.
Boone County Chamber of Commerce hires new executive director
The chamber said Joslyn McGriff-Bensley brings more than 15 years of leadership and professional experience to the position, including strategic planning, project management and relationship building.
As Indiana considers second tax refund, some wonder: where’s the first?
As of June 22, Indiana had issued about $245.6 million in refunds, according to the Department of Revenue. That’s about 45% of the $545 million Gov. Eric Holcomb promised to return when he announced the move in December 2021.
Katz Korin Cunningham becomes Stoll Keenon Ogden in merger
Katz Korin Cunningham, a fixture in the Indianapolis legal market since 1994, has merged with Stoll Keenon Ogden PLLC, a regional law firm based in Kentucky, the firms announced Tuesday.
Airport Authority to buy nearly 58 acres near Mount Comfort airfield
The decision to buy the privately owned property came after seeing the swiftness with which developers have moved to acquire thousands of acres near the Indianapolis Regional Airport for their own projects.
Survey: Many won’t rely on virtual options after COVID
Close to half or more of U.S. adults say they are not likely to attend virtual activities, receive virtual health care, have groceries delivered or use curbside pickup after the coronavirus pandemic is over.