Southern Baptists narrowly reject formal ban on churches with any women pastors
Southern Baptists meeting in Indianapolis narrowly rejected a proposal Wednesday to enshrine a ban on churches with women pastors in the denomination’s constitution.
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Michigan’s largest insurer to drop weight-loss drug coverage
Obesity drugs such as Novo’s Wegovy and Lilly’s Zepbound are exploding in popularity. But with list prices of $1,000 a month or more, insurers are balking at the prices and trying to limit how widely they’re used.
Inflation cooled slightly in May in sign price pressures might be easing
Federal Reserve officials, who will end their latest policy meeting later Wednesday, are scrutinizing each month’s inflation data to assess their progress in their fight against rising prices.
Dean and Barbara White Family Foundation to award $150M for Catholic education
The foundation said the gift is believed to be the single largest donation to preK-12 Catholic education in the country’s history.
INDOT approved for $255M in funding for welcome center projects
The projects are part of INDOT’s Rest Area & Welcome Center Improvement Plan, which will ultimately improve 21 rest area and welcome centers across the state over the next 10 years.
Waffle House raises worker pay after strikes, pressure from labor organizers
Waffle House CEO Joe Rogers III said wage increases will be paid for by higher menu prices. There are more than a dozen Waffle House locations in Indianapolis and surrounding communities.
U.S. consumer agency proposes to ban medical debt from credit reports, loan decisions
The rules would ban credit reporting agencies from incorporating medical debt when calculating credit scores. They would also bar lenders from using medical debt to determine loan eligibility.
Thousands of drivers file arbitration claims against Amazon for unpaid wages, other losses
Two law firms spearheading the action said about 15,860 Amazon Flex drivers have submitted arbitration claims with the American Arbitration Association, where 453 similar cases are already being litigated.
Joey Chestnut ‘gutted’ to be out of July 4 hot dog eating contest over brand dispute
Westfield resident Chestnut, the reigning champion of the Nathan’s Famous Fourth of July hot dog eating contest, will not participate in this year’s event after signing a deal with a rival brand, organizers said Tuesday.
IEDC receives state approval for $88M in additional LEAP district funding
The Indiana Economic Development Corp. received the financial greenlight Tuesday afternoon to buy 1,400 more acres of land in Boone County for the LEAP Lebanon Innovation District and make more infrastructure improvements.
Bar planned at former downtown Ram site promises ‘all the sports, all the time’
Big screens and big games guide the business model for Tom’s Watch Bar, a sports-focused bar/restaurant chain expected to open this year in an 11,700-square-foot space at the base of a Circle Centre parking garage.
More than 10,000 Southern Baptists gather in Indy to debate banning churches with women pastors
On Wednesday, church representatives are expected to debate whether to amend their constitution to ban churches with any women pastors—from lead to associate roles. The measure received preliminary approval last year.
Federal watchdog investigates UAW president Shawn Fain, accuses union of being uncooperative
Fain, a Kokomo native, is under investigation by a court-appointed watchdog who has been working to stamp out corruption at the union in the wake of its stunning bribery and embezzlement scandal several years ago.
Porn sites file lawsuit to challenge new Indiana law requiring age verification
The Free Speech Coalition, which represents the adult entertainment industry, joined several porn website operators in filing the lawsuit in U.S. District Court in Indianapolis.
Lebanon needs to find new water source to support more construction, mayor says
Without an additional source, Lebanon cannot currently offer water to companies and developers looking to build in the city who have not already reserved allocations.
Purdue takes next step to develop $187M mixed-use project for new downtown Indy campus
Purdue officials say the Academic Success Building “will evolve with the needs of experiential education, accommodate courses that would not otherwise be offered with existing space, and provide on-campus housing.”
Led by Caitlin Clark, WNBA sees near-record attendance, record TV ratings
| Associated Press and IBJ Staff
The first month of the WNBA season drew its highest attendance since the league’s second season in 1998 and the best television ratings in its history, the WNBA announced Tuesday.
High Alpha closes on $125M investment fund, downsizes staff
Fund IV marks some shifts in Indianapolis-based High Alpha’s operating strategy—notably, it plans to launch fewer companies per year than it traditionally has in the past, and it has cut its staff nearly in half.
Butler University lands $2.5M gift to support new two-year college
The gift, announced Tuesday morning, is from Indianapolis philanthropist and Butler University alumna Marianne Glick and her spouse, Mike Woods.
DNC awards $70,000 to Indiana Democratic Party in down-ballot ‘boost’
The Indiana Democratic Party hopes to break GOP supermajorities in the Legislature.
