Indianapolis courier company acquired by Minnesota logistics firm
Leaders of Indianapolis-based Now Courier expect company growth to continue following the acquisition by Minneapolis-based Priority Courier Experts.
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Indiana education officials green-light high school diploma overhaul
The overhaul has been pitched by state officials as a way to boost Indiana’s dismal college-going numbers, but more critically, to also ensure that all Hoosier students—college-bound or not—graduate from high school with high-value, work-ready skills.
Holcomb, IEDC cap off year with record $39.1B in expected private investments
The investment total continues a trend of record-breaking years for the IEDC. The state has improved its annual total every year since Gov. Eric Holcomb took office (with the exception of 2020 due to the pandemic.)
IEDC requests additional $60M for Lilly, Meta land, infrastructure at LEAP
The state’s job-creation agency is seeking $27 million to purchase about 307 acres and pay for deposits and option payments for additional land west of Interstate 65. Another $33 million is being sought for infrastructure work.
FBI Director Wray says he intends to resign before Trump takes office in January
Christopher Wray said at a town hall meeting that he would be stepping down “after weeks of careful thought,” roughly three years short of the completion of a 10-year term.
National Bank of Indianapolis partners with New Direction Church on east-side effort
The National Bank of Indianapolis and New Direction Church announced a partnership that’s designed to support economic development and access to financial services along the East 38th Street corridor.
Teacher pay, more funding top requests by Indiana’s largest teachers union
The Indiana State Teachers Association, which represents roughly 40,000 Hoosier educators, released a priority agenda on Tuesday—just weeks before state lawmakers are set to return to the Statehouse.
Going, going, gone: Package store bidding dominates alcohol permit auction
Forty-two hopefuls turned out for the Indiana Alcohol and Tobacco Commission’s auction on Tuesday, outbidding one another in an attempt to secure one of dozens of alcoholic beverage permits.
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.
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.
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.
