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McCormick seeks to bring back net-metering, Energizing Indiana program

September 19, 2024 | Cate Charron

Jennifer McCormick, the Democrat running for Indiana governor, proposes banning ratepayer dollars from being used for lobbying and reinstating a Mitch Daniels-era energy-efficiency program, according to her utility policy plan announced Thursday morning.

Proposed $250M Noblesville development calls for 650 homes near Morse Reservoir

September 19, 2024 | Daniel Bradley

Morse Village would have 250 high-end single-family houses, 150 town houses, 250 multifamily residences and 30,000 square feet of commercial space and restaurants.

Engage East Central IN Event Offer

Stay Engaged with a 25% Discount!* Hurry – this offer expires on October 1, 2024. Don’t Miss This Exclusive Offer! For a limited time, enjoy 25% off an annual subscription to IBJ & Inside INdiana Business. Get unlimited access to the best of business news, a 20% discount on event tickets + more! Prefer to […]

Indianapolis software firm OnBoard names new CEO

September 19, 2024 | Susan Orr

Indianapolis-based software company OnBoard has hired Marc Huffman, a 25-year industry veteran, to lead the company, succeeding founding CEO Paroon Chadha.

Jesse Eisenberg’s ‘A Real Pain’ to open 2024 Heartland film festival

September 19, 2024 | Dave Lindquist

Films starring Cillian Murphy, Selena Gomez, Craig T. Nelson and Emily Deschanel will be screened during the 33rd Heartland International Film Festival, organizers announced Thursday.

A Real Pain

Holcomb joins GOP ‘energy choice’ coalition to address energy prices

September 19, 2024 | Niki Kelly, Indiana Capital Chronicle

A group of Republican governors are pushing back against clean energy mandates—and Indiana Gov. Eric Holcomb has joined the effort.

City acquires former women’s prison property in land swap with state

September 18, 2024 | Taylor Wooten

In a deal announced Wednesday, Indianapolis will receive the former Indiana Women’s Prison site on the east side in exchange for a portion of Sherman Park and property that is home to the Indianapolis Animal Care Services municipal animal shelter.

401 N. Randolph Street

Teamsters union declines to endorse Harris or Trump for president

September 18, 2024 | Associated Press

The International Brotherhood of Teamsters declined said neither candidate has sufficient support from the 1.3 million-member union.

UPDATE: Rahal Letterman Lanigan’s Zionsville HQ site of FBI activity

September 18, 2024 | Mickey Shuey

The race team—which fields cars in the IndyCar and IMSA racing leagues—issued a statement Wednesday saying it is “cooperating fully with investigators” but did not elaborate on the type of inquiry underway.

2024 Engage East Central Indiana – Muncie

Federal Reserve cuts key interest rate by a sizable half-point, signaling end to its inflation fight

September 18, 2024 | Associated Press

The rate cut, the Fed’s first in more than four years, reflects its new focus on bolstering the job market, which has shown clear signs of slowing.

Some tech companies are still grappling with remote vs. in-office work—and there’s no consensus answer

September 18, 2024 | Susan Orr

In the Indianapolis area, some firms continue to operate remotely and say they wouldn’t have it any other way. Others, though, say their companies run better when employees are in the office at least some portion of the week.

Federal Reserve set to cut interest rates for first time in 4 years

September 18, 2024 | Associated Press

At issue is how fast the Fed wants to lower interest rates to a point where they’re no longer acting as a brake on the economy—nor as an accelerant. Where that so-called “neutral” level falls isn’t clear.

IBJ Media names Greg Weaver editor of the Indiana Lawyer

September 18, 2024 | Indiana Lawyer Staff

Weaver will lead the four-person staff of the Indiana Lawyer, which is part of the IBJ Media newsroom that includes the Indianapolis Business Journal and Inside INdiana Business.

GM offering adapters to help electric vehicle owners access Tesla chargers

September 18, 2024 | Associated Press

The Detroit automaker said Wednesday that it is opening up access to more than 17,800 Tesla Superchargers for its customers, with the use of a GM approved NACS DC adapter.

UAW moves toward Stellantis strike as tensions escalate

September 18, 2024 | Bloomberg News

The United Auto Workers will ask members to green light a strike against Stellantis NV, escalating an already tense standoff with one of the world’s largest car manufacturers.

Noblesville to build police station at former Firestone factory site

September 18, 2024 | Daniel Bradley

The new station for the Noblesville Police Department will be constructed at 1700 Division St., where a Firestone Tire and Rubber Co. used to operate for more than seven decades.

Amazon boosts warehouse worker pay by at least $1.50 an hour

September 18, 2024 | Bloomberg News

Employees will start receiving Prime, Amazon’s speedy shipping and video subscription service, as part of their compensation beginning early next year, the company said.

WNBA awards Portland expansion franchise that will begin play in 2026

September 18, 2024 | Associated Press

It’s the third expansion franchise the league will add over the next two years, with Golden State and Toronto getting the other two.

Iconic Tupperware Brands seeks Chapter 11 bankruptcy

September 18, 2024 | Associated Press

In Tuesday’s bankruptcy petition, Tupperware reported more than $1.2 billion in total debts and $679.5 million in total assets. Shares for the company have fallen 75% this year and closed Tuesday at about 50 cents apiece.

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