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Indiana Supreme Court hands down suspension, probation for Indianapolis attorney

May 7, 2024 | Indiana Lawyer Staff

The attorney was disciplined for his refusal to refund fees to a client after not filing a sentence modification petition.

Penske suspends team president, 3 others in wake of cheating scandal

May 7, 2024 | Associated Press

Roger Penske on Tuesday said he remains committed to reigning Indianapolis 500 winner Josef Newgarden and is actively trying to sign the two-time IndyCar champion to a contract extension.

Timeline firming up for converting Gold Building to apartments as construction costs climb

May 7, 2024 | Mickey Shuey

Last month, city officials and the two developers reached a tentative deal for addressing key elements of the overhaul of downtown’s City Market block, including reskinning the Gold Building and renovating the adjacent Ohio Street parking garage.

U.S. renters see chance of owning a home at record low, survey shows

May 7, 2024 | Bloomberg News

Amid elevated prices, high mortgage rates and difficulty saving money for a down payment, only about four in 10 renters think that they will be able to buy a home.

Engage Southern IN Event Offer

Stay Engaged with a 25% Discount!* Hurry – this offer expires on May 31, 2024. Engage Southern Indiana Annual Subscription $111.75 For 52 Weeks Preset to auto-renew each year Select The subscription can be canceled at any time and you will continue to have access until the current billing cycle ends. Introductory Offer! Monthly Subscription […]

Indianapolis-based Paxafe secures $9M investment

May 7, 2024 | Susan Orr

Paxafe’s software helps customers identify and avoid potential logistical disruptions in shipments of temperature-sensitive products such as pharmaceuticals and foods.

Messy breakup at Indianapolis charter school tees up fight over students, teachers

May 7, 2024 | Amelia Pak-Harvey, Chalkbeat Indiana

The split between Andrew J. Brown Academy and National Heritage Academies involves facilities, finances, and more. One is looking for a new home and has a new operator. The other wants to start a new school.

What to know about central Indiana’s primary elections

May 7, 2024 | Taylor Wooten

Indiana voters on Tuesday will decide the Republican nominees for governor and several crowded congressional fields. Here is information voters should know about central Indiana races.

Paying college athletes appears closer than ever. How could it work and what stands in the way?

May 6, 2024 | Associated Press

A settlement being discussed in an antitrust lawsuit against the Indianapolis-based NCAA and major college conferences could cost billions and pave the way for a compensation model for college athletes.

Redfin agrees to pay $9.25M to settle real estate commission suits

May 6, 2024 | Associated Press

Redfin is the latest big brokerage to agree to settlement terms. All told, the industry has now agreed to pay more than $950 million to make the lawsuits go away.

Medicare, Social Security go-broke dates delayed in ‘measure of good news’

May 6, 2024 | Associated Press

An improving economy has contributed to changed projected depletion dates, according to the annual Social Security and Medicare trustees report Monday. Still, officials warned that policy changes are needed lest the programs become unable to pay full benefits to retiring Americans.

Indiana life sciences companies raised $5.5B in 2023, new report says

May 6, 2024 | John Russell

A report issued Monday by BioCrossroads says Indiana life sciences companies saw a decrease in capital and investments last year, but made a significantly higher contribution to the state’s economy than they did the previous year.

Downtown lunch spot Subito to add seating plus a second location

May 6, 2024 | Dave Lindquist

After nine years as a takeout restaurant, downtown’s Subito to add dine-in seating and also join the roster at AMP food hall at 16 Tech.

Subito

Pacers renew old-school playoff rivalry with new-age game

May 6, 2024 | Associated Press

With the Pacers and Knicks set to renew their playoff rivalry Monday night in the Eastern Conference semifinals, it’s easy to think back to those rough and rugged tussles in the 1990s. But these are two very different teams.

Robinhood receives SEC notice for alleged securities violations at crypto unit

May 6, 2024 | Associated Press

The company said in a regulatory filing that it received investigative subpoenas from the SEC about issues including cryptocurrency listings, custody of cryptocurrencies, and platform operations.

Engage Southern Indiana – New Albany

Starbucks founder says company needs to refocus on coffee as sales struggle

May 6, 2024 | Associated Press

The coffee giant said revenue dropped 2% in the January-March period as store traffic slowed around the world. It was the first time since 2020 that the company saw a drop in quarterly revenue.

Employees increasingly taking legal action over office mandates

May 6, 2024 | The Washington Post

As more companies across the United States take a hard-line stance on office mandates, an increasing number of workers are elevating their complaints to court and federal labor agencies.

Who votes? Here’s who decides Indiana’s elections

May 6, 2024 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

It’s a small percentage of people, particularly in Indiana, which ranked second-last in the country for turnout in the 2022 election.

IBJ Podcast: Explaining the Indy Eleven stadium, MLS soccer bid drama

May 6, 2024 | Mason King

Less than two weeks ago, everything that we had assumed about the future of pro soccer in Indianapolis and the creation of a publicly owned downtown stadium for the Indy Eleven soccer team received a swift kick between the stitches.

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