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Elevance Health’s potential $2.7B purchase of health insurer off table

February 14, 2024 | Associated Press

A major Louisiana health insurer’s plan to reorganize and sell itself to Indianapolis-based insurance giant Elevance Health was shelved after critics of the sale voiced various concerns over the proposal.

OSU fires former Butler coach Chris Holtmann at midseason

February 14, 2024 | Associated Press and IBJ Staff

The university made the move after the team lost its ninth game in 11 outings on Tuesday and appeared unlikely to reach the NCAA men’s basketball tournament.

Tweaks lowering property taxes face opposition from local governments, schools

February 14, 2024 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Growing numbers of Indiana communities have sought property tax levies beyond their traditional caps thanks to rising property values. But lawmakers want to make it more difficult.

‘Magic mushrooms’ research gets OK from Indiana House committee

February 14, 2024 | Whitney Downard, Indiana Capital Chronicle

The U.S. Food and Drug Administration designated psilocybin as a “breakthrough therapy” for treatment-resistant depression in 2018 and for major depressive disorder in 2019.

Statehouse

Cyberattacks on hospitals are likely to increase, putting lives at risk, experts warn

February 14, 2024 | Associated Press

Hospitals in recent years have become a favorite target for internet thieves who hold systems’ data and networks hostage for hefty ransoms.

Stephen Curry vs. Sabrina Ionescu is All-Star matchup that was long time coming

February 14, 2024 | Associated Press

Two players known for their 3-point shooting ability, the WNBA’s Sabrina Ionescu and the NBA’s Stephen Curry, will go head-to-head Saturday in a 3-point contest at Lucas Oil Stadium.

IndyCar moves season finale from downtown Nashville streets to superspeedway

February 14, 2024 | Associated Press

The race is being moved due to construction surrounding the Tennessee Titans’ new stadium, organizers announced Wednesday.

Amid artificial intelligence boom, AI girlfriends and boyfriends make their mark

February 14, 2024 | Associated Press

An analysis of 11 romantic chatbot apps released Wednesday by the not-for-profit Mozilla Foundation said almost every app sells user data, shares it for things like targeted advertising or doesn’t provide adequate information about it in their privacy policy.

Basketball journalists say Indianapolis can earn high marks for All-Star efforts

February 14, 2024 | Dave Lindquist

Although TV ratings for the NBA All-Star Game are trending downward in the United States, a global audience will be watching.

NIKE ALLSTAR AD

Free weekend clinic to educate youth about non-playing basketball careers

February 14, 2024 | Susan Orr

Spots are still open for The Business of Basketball, a free clinic that’s part of the NBA’s effort to develop youth interest in basketball.

NBA All-Star events to provide surge in business for local event firms

February 13, 2024 | Taylor Wooten

The multitude of parties will keep local event and catering companies busy and create an increase in food donations for an Indianapolis not-for-profit.

Flight attendants hold airport rallies to protest lack of new contracts, pay raises

February 13, 2024 | Associated Press

Three separate unions representing flight attendants at major U.S. airlines picketed and held rallies at 30 airports Tuesday as they push for new contracts and higher wages.

Westfield planning $6.8M, 20-acre expansion of Simon Moon Park, adding lake and nature preserve

February 13, 2024 | Daniel Bradley

First-phase upgrades to the park will include a parking lot expansion, fishing piers, boardwalks, a bridge and a reengineered sledding hill. Plans for the second phase include a new playground, outdoor classroom and shelter.

2024 Technology Power Breakfast

Indianapolis Business Journal Power Breakfast Series, Technology

Indiana pet-breeder standards bill moves forward with funding still undetermined

February 13, 2024 | Whitney Downard, Indiana Capital Chronicle

The bill would void ordinances in 21 communities across the state, including Indianapolis and Carmel, that ban stores from selling pets from breeders.

No immediate ruling after preliminary injunction hearing in NIL lawsuit vs. NCAA

February 13, 2024 | Associated Press

A federal judge said Tuesday he will rule “in short order” on a preliminary injunction to stop the Indianapolis-based NCAA from enforcing its rules governing name, image and likeness compensation for athletes as part of an antitrust lawsuit.

U.S. small-business optimism index sees biggest drop since end of 2022

February 13, 2024 | Bloomberg News

The share of owners planning to boost employment dropped to the lowest level since May 2020.

City, Indy Chamber continue push against repeal of downtown tax district

February 13, 2024 | Mickey Shuey

The city was joined by Indy Chamber and City-County Council President Vop Osili in opposing a proposed county-wide tax provision that would replace the downtown tax district.

U.S. inflation remains elevated in sign that price pressures are easing only gradually

February 13, 2024 | Associated Press

The prices of services—hotel rooms, restaurant meals, auto insurance, apartment rents and the like—are still rising faster than they did before the pandemic and keeping overall inflation persistently high.

2024 Technology Power Breakfast

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