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Existing-home sales in central Indiana tick up after 4 months of declines

June 26, 2025 | IBJ Staff

The median sales price for a home in the area rose 1.4% in May, while the active inventory of homes climbed 20.5% on a year-over-year increase.

Letters: Baird misses mark on Rep. Santos’ unethical behavior

June 26, 2025

Failing to heed a report from one’s own Ethics Committee or, on an even smaller scale, one’s own belief of what is right and wrong, shows a definite lack of leadership.

Unemployment among young college graduates outpaces overall joblessness rate

June 26, 2025 | Associated Press

The unemployment rate for degree holders ages 22 to 27 has reached its highest level in a dozen years, excluding the pandemic. Joblessness among that group is higher than the overall unemployment rate, and the gap is larger than it’s been in more than three decades.

NCAA considering proposal to allow college athletes, staff to bet on pro sports

June 26, 2025 | Associated Press

The shift comes as the Indianapolis-based organization grapples with the growth of legalized gambling across the United States.

11 Eastern Europeans charged in $10.6B Medicare fraud scheme

June 26, 2025 | The Washington Post

Prosecutors say the organization bought more than 30 previously legitimate U.S. companies and turned them from lawful businesses into consistent vehicles for fraud.

Stocks rise to brink of a record, recover nearly all their 20% springtime drop

June 26, 2025 | Associated Press

Wall Street’s worries about Trump’s tariffs have receded since the president stunned the world in April with stiff proposed levies, but they have not disappeared.

Indianapolis airport adds basketball court for WNBA All-Star festivities

June 26, 2025 | Dave Lindquist

On-court activities leading up to the July 19 All-Star Game range from a communal Zumba workout to an exhibition of disc-catching dogs.

Economy shrank more than previously estimated in first quarter

June 26, 2025 | Associated Press

Economists expect growth to bounce back to 3% in the second quarter, according to a survey of forecasters.

Indiana lawmakers release bill-shaping interim committee topics

June 26, 2025 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

The Indiana Legislative Council on Wednesday approved the nearly two dozen topics that lawmakers will examine in interim study committees through the end of October.

Indiana Statehouse

GE Appliances moves washing machine production from China to Louisville with $490M investment

June 26, 2025 | Associated Press

In all, production of more than 15 models of front load washers will shift to the company’s sprawling Louisville production complex—known as Appliance Park.

Formstack rebrands, relocates from Fishers to Colorado

June 26, 2025 | Marisa Reinhard

Workplace-productivity software company Formstack was once one of the fastest-growing tech companies in the area and landed a state-record growth investment. Now, it has a new name and most of its operations are in Denver.

Indiana taxpayers pay nearly $500K for Rokita’s disciplinary defense

June 26, 2025 | Casey Smith, Indiana Capital Chronicle

The state paid four law firms between 2022 and 2025 to represent Attorney General Todd Rokita in at least six separate matters before the Indiana Supreme Court Disciplinary Commission.

States can cut off Medicaid funding to Planned Parenthood, Supreme Court rules

June 26, 2025 | Associated Press

While Medicaid law allows people to choose their own provider, it doesn’t make that a right enforceable in court, the justices found.

IU School of Medicine opens new $230M education and research building

June 26, 2025 | Daniel Lee

The school’s primary classroom and education facility is being moved from its longtime home on the Indianapolis campus to be closer to the new IU Health teaching hospital, set to open in 2027.

Caitlin Clark ruled out for Sparks game with injury

June 26, 2025 | IBJ Staff

Clark, last year’s WNBA Rookie of the Year, has already missed five of the team’s 14 games this season with a left quadriceps strain. 

Epcon Communities planning 362-home development in Zionsville

June 26, 2025 | Daniel Bradley

The Courtyards of Heritage Trail would be Epcon’s eighth and largest Courtyard community in the metropolitan area.

Amid ongoing Elevate Ventures funding freeze, some companies approved for investments

June 26, 2025 | Susan Orr

Also, at Wednesday’s meeting, the IEDC board’s entrepreneurship committee updated the investment policy for the Indiana Angel Network Fund III LLC—the investment fund managed by Elevate Ventures through which the SSBCI money flows.

Maureen Weber stepping down as leader of Early Learning Indiana

June 25, 2025 | IBJ Staff

Weber has been president and CEO of Early Learning Indiana since 2018.

Nestle says it will remove artificial dyes from US foods by 2026

June 25, 2025 | Associated Press

Nestle joins Kraft Heinz and General Mills as major food companies to pledge they would remove artificial dyes from their U.S. products.

NBA Commissioner Adam Silver says league taking serious look at Achilles tears

June 25, 2025 | Associated Press

The NBA had already convened a panel of experts to study Achilles tendon injuries even before Indiana Pacers star Tyrese Haliburton ruptured his in Game 7 of the NBA Finals, Commissioner Adam Silver said Wednesday night.

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