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Cities must replace lead pipes within 10 years under new EPA plan

November 30, 2023 | Associated Press

It is the strongest proposed overhaul of lead rules in more than three decades, and will cost billions of dollars.

Ford says UAW strike cut sales by 100,000 vehicles, cost company $1.7B in profit

November 30, 2023 | Associated Press

Additional labor costs from the agreement will total $8.8 billion by the end of the contract, translating to about $900 per vehicle by 2028, Ford Chief Financial Officer John Lawler said in a company release.

Pacers to sell 15% ownership stake in franchise to billionaire Steven Rales

November 30, 2023 | Mickey Shuey

Rales, a businessman and film producer, will increase his stake in the team from 5% to 20% with the acquisition, which is pending approval of the NBA.

lopresti-bankers-life-fieldhouse-450bp.jpg

10 tours to spread holiday cheer at central Indiana concert venues

November 30, 2023 | Dave Lindquist

Jazz, hip-hop, rock and country styles will be represented when touring acts bring holiday shows to Indianapolis and Carmel.

Preservation Hall

Brian Bosma: Those who live, lease downtown will bear tax burden

November 30, 2023 | Brian C. Bosma / Special to IBJ

The current approach of placing the sole responsibility of revitalizing downtown squarely on the shoulders of those already bearing the highest tax burden in the state is unfair and inequitable.

UPDATE: IU hires James Madison’s Cignetti as new football coach

November 30, 2023 | Associated Press

Curt Cignetti, 62, has spent the past five seasons at James Madison University, which plays in the Sun Belt Conference.

One-third of Indy charter schools have closed since 2001. Is weak oversight a problem?

November 30, 2023 | Amelia Pak-Harvey, Chalkbeat Indiana

While Indianapolis has averaged more than one charter closure per year, it’s not necessarily clear that its closure rate of roughly 34% is a major outlier.

Westfield marks Grand Park’s 10th anniversary with 30-minute documentary

November 30, 2023 | Daniel Bradley

The city used $30,000 from its Grand Park promotional fund for the documentary called “We Field Champions” that was produced by Noblesville-based filmmaker Cameron Sprinkle.

grand-park-events-center-450bp.jpg

Indiana teachers union presses reticent lawmakers to reopen budget in 2024 session

November 30, 2023 | Casey Smith, Indiana Capital Chronicle

Indiana’s largest teacher’s union is calling for better collective bargaining, increased pay for support staff and more say over curriculum in the upcoming legislative session.

Statehouse

2023 was bad for startups, with bankruptcies, lower valuations

November 30, 2023 | Bloomberg News

It’s been a brutal year for startups, with more companies struggling to raise money and hundreds shutting down altogether, according to new data.

Statehouse committee provides updates on Medicaid program changes

November 30, 2023 | Whitney Downard, Indiana Capital Chronicle

An estimated 130,000 Hoosiers over the age of 60 using Medicaid will receive notices in early 2024 advising them to choose a Managed Care Entity to coordinate their health coverage.

Economy slowed in recent weeks with inflation, labor cooling

November 30, 2023 | Bloomberg News

The figures are consistent with expectations that the economy will moderate in the fourth quarter following the strongest growth pace in nearly two years.

Ash & Elm Cider Co. planning expansion into Carmel with restaurant, tasting room

November 30, 2023 | Daniel Bradley

Ash & Elm’s planned 3,500-square-foot location, part of a multi-phase development by Carmel-based Old Town Cos., will be the company’s second restaurant and tasting room when it opens in spring 2024.

Anderson-based credit union expanding outside Madison County

November 30, 2023 | Susan Orr

After 60 years of operations in Madison County, Anderson-based Lampco Federal Credit Union is working to establish a foothold in Marion, Hamilton and Hancock counties.

UAW announces drive to organize Toyota, Subaru and dozen other automakers

November 30, 2023 | The Washington Post

The UAW unveiled a website where workers at 13 different companies can electronically sign union authorization cards in a first step toward attempting to organize their factories.

Subaru pic

Total GivingTuesday donations up slightly this year, with 10% fewer donors participating

November 29, 2023 | Associated Press

Not-for-profit organization GivingTuesday estimates that donors gave $3.1 billion this year on what has become one of the most important fundraising days of the year.

Indiana judge dismisses state’s lawsuit against TikTok that alleged child safety, privacy concerns

November 29, 2023 | Associated Press

In her ruling, the judge said the court lacked personal jurisdiction over the case and reaffirmed a previous court ruling that found downloading a free app does not count as consumer transaction under the Indiana Deceptive Consumer Sales Act.

Chemical firms to pay $110M to Ohio to settle claims over releases of ‘forever chemicals’

November 29, 2023 | Associated Press

The settlement involving DuPont, the Chemours Co. and Indianapolis-based Corteva Inc. resolves Ohio’s claims relating to releases of manmade, fluorinated compounds known as PFAS.

UIndy promotes Karl Knapp to dean of business school

November 29, 2023 | Alex Brown, Inside INdiana Business

Knapp, who has been with UIndy for 17 years, said he plans to expand the university’s focus on artificial intelligence and applied learning for students.

Department of Metropolitan Development director Carr takes job with Parks Alliance

November 29, 2023 | Mickey Shuey

Rusty Carr was hired to the DMD post after two separate stints as interim director. His final day with the city will be Dec. 29 and he will begin at The Parks Alliance on  Jan. 2.

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