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Holcomb calls lawmakers back into session to consider $1B in refunds

June 22, 2022 | IBJ Staff

If lawmakers agree to the governor’s plan, individual taxpayers would receive a tax refund of $225—on top of the $125 each is receiving through the state’s automatic taxpayer refund program.

Walmart expands health services in Indiana, two other states

June 22, 2022 | Associated Press

Walmart said it chose to extend coverage to Louisiana, Indiana and Illinois because of the potential for instant impact for employees who live in those three states.

Lilly to give $34M in grants to eight local human services organizations

June 22, 2022 | IBJ Staff

Lilly Endowment said the grants, ranging from $1 million to $7.5 million, will help the organizations strengthen their long-term financial sustainability plans.

New not-for-profit lands $1.6M to support Indiana Avenue, Black communities

June 22, 2022 | Mickey Shuey

Urban Legacy Lands Initiative Inc. expects to create a preservation and stewardship framework to support the city’s Black communities, with a focus on equitable and inclusive neighborhood growth.

Fred Payne leaving DWD for top job at United Way of Central Indiana

June 22, 2022 | IBJ Staff

Payne, who has led the DWD for more than four years, will exit his current job July 8 and join the United Way on July 18. He will take over for Ann Murtlow, who is retiring June 30 after nine years leading the not-for-profit.

Engage South Bend – Elkhart Region – Corporate Table of 10

Powell: Fed will decide on rate hikes ‘meeting by meeting’

June 22, 2022 | Associated Press

Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed’s determination to raise interest rates high enough to slow inflation, a commitment that has fanned concerns that the central bank’s fight against surging prices could tip the economy into recession.

Tech Exec of the Year & Tech 25

You’ve taken the time to nominate your top technology leaders, now it’s time to find out who came out on top! Tickets are on sale now for IBJ & TechPoint’s Tech Exec of the Year & Tech 25 recognition event August 23rd!

Here’s how IPS has spent its federal pandemic funding so far

June 21, 2022 | Aleksandra Appleton, Chalkbeat Indiana

Indianapolis Public Schools has spent around 10% of its $213.5 million in federal COVID-19 funding to date. That figure is low compared to other districts in Indiana and across the country, but IPS officials are preparing to spend the full allocation.

Oil refineries are making a fortune, but that’s not stopping them from closing

June 21, 2022 | The Washington Post

A White House desperate to bring down gas prices is having little success persuading refinery owners to expand operations, and more closures are imminent.

Senators reach bipartisan compromise on gun violence bill

June 21, 2022 | Associated Press

The legislation would toughen background checks for the youngest firearms buyers, require more sellers to conduct background checks and beef up penalties on gun traffickers.

Pilots picket as airline unions leverage summer travel woes

June 21, 2022 | Associated Press

The protest, which the union said drew up to 1,300 Southwest Airlines pilots, was the latest example of airline workers trying to put pressure on companies by taking their demands for higher pay directly to the flying public.

Labor board takes Starbucks to court over alleged violations

June 21, 2022 | Associated Press

The National Labor Relations Board is asking a federal court to order Starbucks to stop interfering with unionization efforts at its U.S. stores. It’s the third time the board has filed a case in federal court against Starbucks since December.

Supreme Court says Maine cannot deny tuition aid to religious schools

June 21, 2022 | Associated Press

The 6-3 outcome could fuel a renewed push for school choice programs in some of the 18 states that have so far not directed taxpayer money to private, religious education.

Westfield extends deadline for Grand Park proposals

June 21, 2022 | Daniel Bradley

The city announced Tuesday that is has extended the deadline from June 22 until July 25 because appraisers asked for additional time to perform their work at the 400-acre sports campus.

grand-park-events-center-450bp.jpg

AES Indiana electricity customers could see 19% price hikes this fall

June 21, 2022 | John Russell

AES Indiana, formerly known as Indianapolis Power & Light Co., is asking state regulators for permission to increase prices under a mechanism that allows it to adjust prices based on fluctuations in the cost of fuel.

IPL headquarters

Spot Freight adding 240 employees in Indianapolis

June 21, 2022 | Wes Mills, Inside INdiana Business

Spot has been on IBJ’s Fast 25 list of growing companies four times, including from 2015 to 2017 and in 2021.

Supreme Court rejects appeal from Roundup maker over cancer claims

June 21, 2022 | The Washington Post

The decision by the justices not to intervene has implications for thousands of similar lawsuits against the company Bayer.

Snap, crackle, pop: Kellogg to split into three companies

June 21, 2022 | Associated Press

Kellogg’s had net sales of $14.2 billion in 2021, with $11.4 billion generated by its snack division, which makes Cheez-Its, Pringles and Pop-Tarts, among other brands. U.S. cereal sales have been waning for years.

U.S. charitable giving hit record in 2021, but inflation looms

June 21, 2022 | Associated Press

The Giving USA report from Indiana University’s Lilly Family School of Philanthropy says donations in 2021 were 4% higher than the record-setting $466 billion contributed in 2020. But that amount was down 0.7% when adjusted for inflation.

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May 1-7, 2026

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2026 Innovation Issue: With coding academies gone, what comes next?

Daniel Bradley

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Susan Orr

2026 Innovation Issue: Startups to watch — progress, pauses and partnerships

Lesley Weidenbener
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