Indiana, Elevate Ventures launching $100M growth-stage fund
The new fund, called the Elevate Ventures Growth fund, will be aimed at companies with a $500 million or greater total addressable market.
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Basketball training facility set to open at former Marsh store in Fishers
H&H North will feature a full-length basketball court, two half-courts, a 6,500-square-foot fitness space operated by Fishers-based Indianapolis Fitness and Sports Training and workout recovery areas.
Indiana lottery expected to send $370M surplus to state
The lottery expects to have raked in an eye-popping $1.7 billion in revenue by July, which marks the end of its fiscal year. It will have have paid out $1.1 billion in prize expenses by then, according to preliminary and unaudited data.
Peyton Manning says he has no desire to leave broadcasting for NFL executive position
The former Indianapolis Colts great said he’d rather stick to his “Monday Night Football” Manningcast with brother Eli, which just won its second Sports Emmy award.
Keystone says 87 burials discovered in excavation of proposed soccer stadium site
Keystone Group said it planned to use the historic Mount Jackson Cemetery about three miles away for “reinterment and memorialization” of the remains before moving forward with “transformational riverfront development.”
Shutdown of financial middleman Synapse freezes thousands of Americans’ deposits
Synapse filed for Chapter 11 bankruptcy protection in April and has shut down its services to some of its fintech or bank partners, leading to accounts being frozen or showing funds not existing at all.
Larson carefully watching weather as Indy 500 forecast calls for rain
Kyle Larson is trying to become the fifth driver to run the Indy 500 and the Coca-Cola 600 on the same day, and he doesn’t want weather spoiling a year’s worth of preparation.
City offers to buy Diamond Chain property from Keystone, says part of site has hundreds of remains
The city said just one acre of the 20-acre property—which was at one time part of the historic Greenlawn Cemetery—is believed to have as many as 650 remains, a finding that could have a major impact on future development.
Daily marijuana use outpaces daily drinking in United States, new study says
From 1992 to 2022, the per-capita rate of reporting daily or near-daily marijuana use increased 15-fold.
Softer federal stance on marijuana could boost legalization efforts in Indiana
Some advocates wonder if the proposed reclassification of marijuana could be the game changer that opens the floodgates for legalization in the state’s 2025 legislative session.
Workforce, education leaders tout importance of robust apprenticeship programs
Noel Ginsburg, CEO of Colorado-based education not-for-profit CareerWise, said companies often dip their toes into such programs but then pull out after difficulties.
Indiana to host its second Global Economic Summit
Far-off dignitaries and business leaders will gather in Indianapolis this week for the state’s second Global Economic Summit, which begins Thursday.
Led by Clark and other rookies, WNBA sees big increase in attendance, TV ratings
The Indiana Fever have drawn sellout crowds in all four of their games—two at home, one in New York and one at Connecticut. And league-wide attendance is up 14%.
Indy STEAM Academy in danger of closing after authorizer revokes charter
The charter authorizer also approved the expansion of GEO Next Generation Academy, which is on the same property as Indy STEAM.
Average U.S. vehicle age hits record 12.6 years amid steep prices for new ones
With an average U.S. new-vehicle selling price of just over $45,000 last month, many can’t afford to buy new.
Using AI, Mastercard expects to find compromised cards quicker
In its latest software update, Mastercard is integrating artificial intelligence into its fraud-prediction technology that it expects will be able to see patterns in stolen cards faster and allow banks to replace them before they are used by criminals.
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Nickel Plate Trail landowners secure $7.6M in federal settlement
The settlement involves 168 property owners along more than 20 miles of the trail from just south of East 16th Street in Indianapolis to just west of the White River in Noblesville.
Kyle Larson embracing Indianapolis 500 debut, right down to milking a cow
NASCAR star Kyle Larson has been adamant about soaking up the entire Indianapolis 500 experience, but he didn’t expect to find himself under an udder.
