Google forges ahead with next generation of AI while fending off breakup threat
The next generation of Google’s AI is being packaged under the Gemini umbrella.
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Inflation ticks up as some price pressures remain persistent
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month.
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is accusing Kroger of not doing enough to secure regulatory approval for the $24.6 billion agreement, which would have been the largest grocery store merger in U.S. history.
Judge blocks ‘right of first refusal’ law on electric transmission projects as MISO readies to OK bids
U.S. District Judge Tanya Walton Pratt ruled that an act signed into law by Gov. Eric Holcomb in 2023 that gives local utilities the right of first refusal on electric transmission projects discriminates against interstate commerce.
Man accused of killing UnitedHealthcare CEO fights extradition
A law enforcement bulletin said that at the time of his arrest, suspect Luigi Nicholas Mangione was carrying a handwritten document expressing anger with what he called “parasitic” health insurance companies and a disdain for corporate greed and power.
Lilly CEO predicts obesity-treatment Zepbound will become drugmaker’s top drug by 2025
David Ricks told a lunch audience at the Economic Club of Washington, D.C., that Zepbound could quickly become the most popular drug in the 148-year-old company’s history.
Athletes in $2.8B college lawsuit tell judge they want to create players’ association
The athletes whose lawsuit against the Indianapolis-based NCAA is primed to pave the way for schools to pay them directly also want a players’ association to represent them in the complex contract negotiations that have overtaken the sport.
Biden threatens veto as House considers Young-backed bill to ease federal judge shortage
Republicans in the U.S. House say they will consider a bipartisan bill co-authored by U.S. Sen. Todd Young (R-Indiana) to ease federal judicial shortages across the country, including in Indianapolis, but President Joe Biden is threatening to veto the measure.
IU’s Whitten touts Indy enrollment jump, microelectronics investment in annual address
Indiana University President Pamela Whitten commended enrollment numbers for school’s new Indianapolis campus and outlined how the university is increasing its presence in emerging industries during her annual State of the University address.
UPDATE: Federal judge halts proposed supermarket merger between Kroger, Albertsons
Kroger and Albertsons in 2022 proposed what would be the largest grocery store merger in U.S. history. But the Federal Trade Commission sued earlier this year, seeking to block the $24.6 billion deal.
Lilly to test obesity drugs for addiction treatment, CEO says
Lilly also approved a program to buy back as much as $15 billion of its own shares amid rapid growth fueled by Zepbound and Mounjaro.
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Developer plans $22M apartment, retail project with housing for veterans along Keystone corridor
The 92-apartment development, which would feature one- to three-bedroom units, would consist of market rate and reduced-income housing, with the latter meant to serve homeless veterans.
Google invests in venture to build energy parks for data centers
The energy parks would provide a much-needed reliable source of power as aging U.S. grids struggle to meet demand from artificial intelligence and electrification of homes, vehicles and factories.
Indiana’s Medicaid expansion ‘trigger’ law could affect coverage of 754K Hoosiers
Roughly two-thirds of Indiana’s total Medicaid budget is covered by the federal government. For the 2024 fiscal year, that amount came to nearly $13.5 billion, compared to the $3.7 billion from state coffers.
Morgan Stanley Smith Barney to pay $15M penalty to settle SEC charges
The penalty was part of a settlement with the Securities and Exchange Commission related to four financial advisers who stole millions of dollars of advisory clients’ and brokerage customers’ funds.
Gov.-elect Braun names secretary of energy and natural resources
Regional power grid leader Suzanne Jaworowski has been chosen to serve as Indiana Gov.-elect Mike Braun’s secretary of energy and natural resources.
Michigan Dems look to future that some hope includes ex-South Bend mayor Buttigieg
Pete Buttigieg, who moved to Traverse City, Michigan, soon after his unsuccessful presidential campaign in 2020, hasn’t ruled out the possibility of running for Michigan governor.
Mass Ave restaurant Nine Irish Brothers closes
The Irish pub opened in 2014 as the third Nine Irish Brothers location. After a decade of serving shepherd’s pie and bangers and mash, the downtown restaurant is permanently closed.
