Next challenge for U.S. charging network: congestion
From a potential congestion standpoint, the U.S.’s charger-to-EV ratio is one of the worst in the world.
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IEDC seeks $50M in state support for new LEAP pipeline bond financing
The Citizens Energy-Lebanon Utilities project is one of several water and wastewater improvement efforts around the state that could be funded through $500 million in bonds approved by the Indiana Finance Authority.
Indianapolis Animal Care Services closer to becoming independent agency
A City-County Council committee on Monday voted in favor of removing Indianapolis Animal Care Services from the oversight the larger Department of Business and Neighborhood Services.
Kroger sues to halt FTC proceeding meant to block Albertsons merger
Legal experts characterize the move as an extraordinary attempt to interrupt the FTC’s enforcement powers, as it relies on a recent Supreme Court decision that limited a separate federal agency’s use of in-house legal proceedings.
Lilly opens new 12-story, $700M R&D center in Boston
Lilly is moving about 200 scientists and researchers who had worked in nearby Cambridge, Massachusetts, to the new center, and plans to add about 300 employees.
Indiana Chamber study: State has enough water, but needs plan for future
A new water study released Monday by the Indiana Chamber of Commerce says the state has a “plentiful” but unevenly distributed water supply that will require a coordinated effort to manage in the future.
Former Eiteljorg museum leader John Vanausdall dies at 68
John Vanausdall served as CEO of the Eiteljorg Museum of American Indians and Western Art from 1996 until his retirement in 2023.
Former Mayor Bart Peterson to resign as CEO of Christel House International
Peterson, 66, will be succeeded by David Harris, who worked in the Peterson administration and currently is the executive vice president of Christel House International.
New Broad Ripple mural of Mpozi Tolbert is crowdfunding campaign’s goal
In addition to bringing back the tribute to Mpozi Tolbert, organizers want to install a new mural commemorating Ron “DJ Indiana Jones” Miner.
Circle K operator seeks to buy $31B owner of 7-Eleven chain
A merger would create the world’s top operator of roughly 100,000 convenience stores, with hundreds of those stores in Indiana.
AMD buying server maker ZT Systems for $4.9 billion to strengthen AI capabilities
AMD plans to sell ZT Systems’ server manufacturing business after the deal closes, with mergers and acquisitions in tech and elsewhere getting a closer look by regulators under the Biden administration.
Phil Donahue, pioneering daytime talk show host, dies at 88
Donahue’s first TV show, “The Phil Donahue Show,” which launched in 1967, aired in only four cities: Dayton, Cincinnati, Columbus and Indianapolis.
IBJ Podcast: Fever emcee’s story of getting the gig is the ultimate in moxie, initiative
Olivia West developed an entrepreneurial mindset as a 4-H champion in La Porte and honed her talent for working crowds on a makeshift stage in her family’s barn. Now she’s hosting Fever and Pacers games—and that’s just her side job.
Possible work stoppage at Canada’s two largest railroads could disrupt U.S. supply chain
The two railroads handle about 40,000 carloads of freight each day, worth about $1 billion. Shipments of fully built automobiles and auto parts, chemicals, forestry products and agricultural goods would be hit hard, especially with harvest season looming.
Perdue recalls 167,000 pounds of chicken nuggets after wire found
According to Perdue and the U.S. Agriculture Department’s Food Safety and Inspection Service, the recall covers select lots of three products sold nationwide.
Federal appeals court lets porn website age verification mandate go into effect
A federal appeals court on Friday stayed an injunction blocking enforcement of an Indiana law requiring pornography websites to verify user ages.
Mandy Haskett: Five things competitive cultures have in common
More than 60% of companies spend less than $500/year per person on management or leadership development.
Made in Indiana: Aviation parts by Aerofab
Metal expertise: Aerofab, a division of Tube Processing Corp., manufactures components for engines used on commercial aircraft and military aircraft. The LEAP engine, or Leading Edge Aviation Propulsion, is an example of an engine that includes parts made by Aerofab. History: Tube Processing Corp. was founded in 1939 by Edward Seybert, and the company grew […]
Jalene Hahn: Interpreting the rules for inherited IRA distribution
In February 2022, the IRS issued proposed regulations, stipulating that IRA owners subject to the 10-year rule were also subject to a required minimum distribution (RMD), as well.
Cecil Bohanon and John Horowitz: Prices that fluctuate with usage change behavior
| Cecil Bohanon and John Horowitz
Though governments today simplify Vickrey’s proposals, congestion pricing is used in Singapore, Stockholm and London.