Developer to start work on Broad Ripple Park community center
Indy Parks is expected to lease at least 25,000 square feet in the building for 30 years.
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U.S. consumer prices surged in June by the most since 2008
The pickup in inflation, which has coincided with the economy’s rapid recovery from the pandemic recession, has heightened concerns that the Federal Reserve might feel compelled to begin withdrawing its low-interest rate policies earlier than expected.
Crown Liquors eyeing Fountain Square for large, high-end store
The outpost near the heart of Fountain Square’s business district would be the second-largest of 19 stores in the chain. Two local groups have opposed it, and its hearing for a state liquor permit is set for next month.
New downtown restaurant to pay tribute to Hulman family
The Hulman restaurant is the result of a partnership with the IMS Museum, which holds rights to Tony Hulman’s name and likeness.
Sanders, Biden meet as infrastructure bill swells past $3.5T
Sen. Bernie Sanders said Monday that he and President Joe Biden are on the same page as Democrats draft a “transformative” infrastructure package unleashing more than $3.5 trillion in domestic investments on par with the New Deal of the 1930s.
Council approves $135M in tax-increment financing bonds for Elanco project
The tax-increment financing bonds will be used to pave the way for Elanco Animal Health Inc. to build its new headquarters on the former General Motors stamping plant property west of downtown.
Lawsuit seeks $150M from Indiana online schools fraud claims
The lawsuit announced Monday by the Indiana attorney general’s office comes nearly two years after Indiana Virtual School and Indiana Virtual Pathways Academy shut down amid a state investigation.
Appeals court: Indiana must resume unemployment benefits
The Indiana Court of Appeals ruled Monday that the state temporarily continue payment of federal unemployment benefits, affirming an earlier court order that Indiana must restart the extra $300 weekly payments to unemployed workers.
Indiana reports 157 new COVID-19 cases
The state said more than 2.87 million Hoosiers have been fully vaccinated against COVID-19. More than 2.84 million had received the first dose of a two-dose vaccination.
Indiana health officials say ‘white bagging’ should be regulated, but do not call for a ban
A new report submitted to the Indiana Legislative Council calls for the regulation of “white bagging,” a practice that requires hospitals to buy drugs from an outside pharmacy, which delivers them premixed ahead of time of the patient’s visit. It is a growing practice, aimed at lowering the cost of care, but many providers say it can compromise care.
Furniture retailer L. Fish closing after nearly 70 years in Indianapolis
L. Fish, which has operated a furniture superstore on the east side of Indianapolis for decades, traces its roots to a now-defunct Chicago-based parent company that opened its first store in 1858.
Even as college athletes get paid, more hoops prospects skip college altogether
This month, the dam finally broke on college athletes getting paid as the NCAA scaled back its rules. But as some athletes cash in on that shift, a growing number of young basketball players are forgoing college and even high school to play in upstart professional leagues.
Conexus Indiana hires innovation-focused executive as its new president, CEO
Conexus’ new president and CEO, Fred Cartwright, has held a variety of innovation-focused leadership positions in the manufacturing industry, including at Allison Transmission, General Motors and an automotive research facility affiliated with Clemson University in South Carolina.
IBJ Podcast: Black drag racing champion Antron Brown on his move into team ownership
A three-time world champion, Brown soon will become one of the few Black team owners ever in the 70-year-old NHRA— and one of the few Black majority team owners in any motorsports series.
$300 incentive enticed few Indiana high school grads to join college prep program
Only a small group of eligible students took advantage of the “Bridging the Gap” program, which was designed to assist students whose high school careers were derailed by the pandemic and help them chart a path toward higher education.
Bonus pay for essential workers varied widely across states
As society reopens, momentum to provide pandemic hazard pay appears to be fading—even though the federal government has broadened the ability of state and local governments to provide retroactive pay.
Pfizer scheduled to discuss vaccine booster with U.S. officials
The company said it was scheduled to have the meeting with the Food and Drug Administration and other officials Monday, days after Pfizer asserted that booster shots would be needed within 12 months.
Billionaire Branson reaches space in his own ship, beating Bezos
The brief, up-and-down flight—about as long as Alan Shepard’s first U.S. spaceflight in 1961—was a splashy and unabashedly commercial plug for Virgin Galactic, which plans to start taking paying customers on joyrides next year.
Indiana reports 400 new COVID cases, five more deaths
The state said more than 2.85 million Hoosiers have been fully vaccinated against COVID-19. More than 2.82 million had received the first dose of a two-dose vaccination.
City wants building owners to track utility use
A city proposal to require tracking of municipal and commercial energy use could save millions of dollars, reduce emissions by thousands of tons and cut water usage by billions of gallons in less than a decade.
