Consumer inflation eased slightly last month, but some costs kept surging
The latest data on consumer inflation showed that prices in some areas—services such as rents, restaurants and auto insurance—continued to rise uncomfortably fast.
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Palou partners with DHL for primary sponsorship of 2024 IndyCar ride
Palou and Chip Ganassi Racing have agreed to a multi-year partnership with logistics company DHL to sponsor the No. 10 Honda car.
Oldest Catholic church in Indy plans $2.7M parish center downtown
Officials with St. John the Evangelist want to build the 2,800-square-foot facility as part of a larger $5.5 million renovation that started in 2021. They hope to finish in time for the huge National Eucharistic Congress planned for Indianapolis in July.
State tax collection slump continues
Indiana coffers took in about $1.37 billion worth of taxes in November, but remained below expectations for a second straight month this fiscal year, which began in July.
Boilermaker Alliance names growth strategist Neff as new CEO
The not-for-profit organization that helps Purdue University student-athletes use their name, image and likeness to boost charitable organizations has a new leader.
In landmark decision, jury finds Google’s app store broke anti-monopoly laws
A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire.
TrendyMinds expands national presence with acquisition of Utah-based Faktory
The city’s largest advertising agency said the eight-figure acquisition will expand its its client roster in health care, finance and energy.
Inflation likely cooled again in November, but not in all areas of economy
Tuesday’s inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a second straight month. But a closely watched category called “core prices” is predicted to outpace the Federal Reserve’s 2% annual target.
Democrat Keith Potts ends U.S. Senate bid
Potts is ending his run for U.S. Senate, which would have pitted him against Marc Carmichael in the Democratic primary. The Senate seat is currently held by Republican Mike Braun, who is running for governor.
Disciplinary commission files to unseal Rokita agreement after contradictory remarks
The Indiana Supreme Court Disciplinary Commission on Monday filed a petition asking to release a conditional agreement signed by Indiana Attorney General Todd Rokita after he publicly denied wrongdoing following a settlement.
Lilly stock slips after study finds patients who stop Zepbound regain weight
People who stopped taking Eli Lilly and Co.’s blockbuster drug Zepbound after about eight months regained half the weight they’d lost a year later, yet were significantly thinner than when they had started the obesity drug, according to a new study.
IU names University of Missouri vice chancellor to lead Indianapolis campus
Latha Ramchand was selected following a national search and will oversee more than 400 undergraduate, graduate, certificate and professional programs, growing research focal areas and an evolving urban campus that serves more than 20,000 students.
Donor-backed collectives face changes if colleges pay athletes directly
Donor-fueled collectives that raise money and funnel it to college athletes through name, image and likeness opportunities they facilitate probably won’t go away entirely if NCAA President Charlie Baker’s proposals for paying athletes become reality. But changes will be inevitable.
Cirque du Soleil ‘Ovo’ show sets Indianapolis dates
Tickets go on sale Dec. 18 for five Cirque du Soleil performances scheduled at Gainbridge Fieldhouse in 2024.
NBA, partners to host pitch contest for Hoosier startups on All-Star Weekend
The contest for diverse-led Indiana-based startups offers a total of $150,000 in cash prizes.
Nurses at IU Health’s University, Methodist hospitals eye unionizing
The Indianapolis-based nurses cite poor staffing ratios, patient care and wages as some of the driving reasons behind their efforts.
Barbie, Israel-Hamas war among year’s top internet searches
Other top searches included Damar Hamlin, Jeremy Renner, Matthew Perry and Tina Turner.
Up to 5.4M people in U.S. already have had the flu this season
The Centers for Disease Control and Prevention also estimates that flu has caused as many as 55,000 hospitalizations and 4,600 deaths from Oct. 1 through Dec. 2.
Holiday crowds at airports, on highways expected to be bigger than last year
Auto club AAA forecast Monday that 115.2 million people will go 50 miles or more from home during the 10 days between Dec. 23 and New Year’s Day. That’s 2.2% more than AAA predicted during the comparable stretch last year.
