Americans ramped up retail spending in October
Solid hiring, strong pay raises, and healthy savings for many households are underpinning robust spending. But much of the sales increase reflected higher prices.
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Indy Eleven hire El Paso leader Lowry as new head coach
Mark Lowry becomes the fourth head coach in Eleven team history. The 36-year-old native of Birmingham, England, has coached El Paso Locomotive FC in United Soccer League Championship play for the past three seasons.
Eight firms team up on $100M project along Monon Trail with housing, grocery, other retail
Located in the long-struggling Martindale Brightwood neighborhood, the expansive Monon 30 project in part would be intended to boost an area now littered with the remnants of past industrial uses.
State higher education chief Teresa Lubbers stepping down
Indiana Commissioner for Higher Education Teresa Lubbers plans to leave her position at the end of the 2022 legislative session, ending a nearly 13-year run in the job, the governor’s office announced Tuesday morning.
Fishers-based gene therapy firm plans $40M expansion, 62 new jobs
Genezen said the 75,000-square-foot addition will triple its current footprint.
Southern restaurant chain plans downtown Indy location
Tupelo Honey Southern Kitchen & Bar, a growing chain of restaurants with a menu that includes chicken and waffles, sweet potato pancakes and fried green tomatoes, is set to open an eatery in CityWay.
State lawmakers preview priorities at Chamber legislative event
Business tax cuts and nixing government-imposed vaccine mandates will be among the legislative priorities for Indiana Chamber of Commerce next year, and top GOP lawmakers mostly appear to be on the same page.
Indiana Recycling Coalition rebrands as Circular Indiana
The not-for-profit said with the rebranding, it is expanding beyond recycling by aligning itself with “the changing landscape of sustainable materials management.”
Biden signs $1T infrastructure deal with bipartisan crowd
The president hopes to use the infrastructure law to build back his popularity, which has taken a hit amid rising inflation and the inability to fully shake the public health and economic risks from COVID-19.
Emmert: NCAA’s restructuring efforts not motivated by fear
NCAA President Mark Emmert’s words came after the NCAA’s online constitutional convention, during which the entire membership of more than 1,100 schools in three divisions weighed in on the proposed, scaled-down version of the association’s foundational document.
Health insurance premiums still on rise, topping $22,000 a year for family coverage
Over the past decade, premiums for family coverage under employer-sponsored health insurance has climbed 47%, faster than wages (31%) or inflation (19%), according to the Kaiser Family Foundation Employer Health Benefits Survey.
Indiana teachers union calls lawmakers to address shortages
The state is “slowly making progress” on teacher pay, but additional action is needed to attract and retain teachers, Indiana State Teachers Association President Keith Gambill said during a news conference Monday.
Here’s what new NCAA constitution means for college sports fans
On Monday, representatives of the full NCAA membership get the chance to weigh in during a specially called constitutional convention after being given a week to digest the 19-page document.
Roads, transit, internet: What’s in the infrastructure bill
The $1 trillion infrastructure plan that President Joe Biden plans to sign into law has money for roads, bridges, ports, rail transit, safe water, the power grid, broadband internet and more.
Broadcasting of trial court proceedings permitted under new pilot program, Supreme Court announces
Judges in Allen, Delaware, Lake, Tippecanoe and Vanderburgh counties are participating in the four-month broadcasting pilot project beginning Dec. 1.
Justices turn away VW appeals over emissions scandal lawsuits
The U.S. Supreme Court on Monday rejected appeals from Volkswagen that sought to stop state and local lawsuits related to the 2015 scandal in which the automaker was found to have rigged its vehicles to cheat U.S. diesel emissions tests.
IBJ Podcast: Patachou’s Martha Hoover on surviving the pandemic, prepping to expand (part 1 of 2)
Hoover tells host Mason King—in the first of a two-part interview—that Patachou is now “very healthy,” in part because she and her leadership team started making some tough decisions pre-pandemic to streamline and become more efficient.
Wild bidding wars erupt at used-tractor auctions across the U.S.
The used tractor business is quickly becoming a crucial marketplace that’s allowing farmers to keep harvesting corn, wheat and soy day and night at a time of insatiable demand from buyers.
Federal spending bill would give local news outlets ‘shot in the arm’
Though the proposal’s main objective was to rescue small papers hit hard by the pandemic, should the tax break become law, Gannett, one of the nation’s largest remaining newspaper chains, could gain as much as $127.5 million over five years.
RV company plans Indiana expansion, 500 jobs
Forest River expects to start production at the new site by the end of November, with the first travel trailer expected to come off the production line in early December.