Pacers qualify as quarterfinal host for NBA’s new In-Season Tournament
Indiana, Milwaukee, the Lakers and the Kings all made all the guesswork easy because they were the teams that went 4-0 in group play.
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General Motors says autoworker strike took $1.1B bite out of earnings
The company said it expects to absorb increased labor costs and have enough left to buy back stock worth nearly one quarter of the company’s $44 billion market value.
Consumer Reports: EVs less reliable, on average, than conventional vehicles
The survey found that electric vehicles from the 2021 through 2023 model years encountered nearly 80% more problems than did vehicles propelled by internal combustion engines.
U.S. economy grew 5.2% in third quarter, more than first estimated
Even with the downward revision, consumer spending remained robust, underpinned by a resilient jobs market and a flurry of travel and events.
Mix Food Hall closes at Kroger stores in Carmel, Fishers
Mix Food Hall locations, which offered menu items from several restaurants and filled them through online ordering, have shut down less than a year after opening in Hamilton County.
Financing plan for Broad Ripple Park Family Center advances despite neighborhood group concerns
A City-County Council committee on Tuesday unanimously recommended approval of a measure that would allow up to $26 million to be spent to acquire the new Broad Ripple Park Family Center.
City-County Council committee advances artificial intelligence proposal
The proposal from Republican Councilor Michael-Paul Hart, which would create a study commission on the city’s usage of AI, was passed unanimously by the Rules and Public Policy Committee.
Cold storage company plans $38M expansion in Lebanon
United States Cold Storage announced Tuesday it has received approval from the Lebanon City Council for its plan to add 60,000 square feet to the facility and create 30 jobs.
Mark Lowry steps down as head coach of Indy Eleven
Lowry, 38, became the fourth non-interim coach for the Indy Eleven in November 2021 and compiled a regular-season record of 25-28-15 over two seasons.
Former Indiana lawmaker pleads guilty to role in casino conspiracy
Under the plea agreement, Sean Eberhart will pay restitution of $60,000, although it’s unclear if he’ll serve time in prison.
Las Vegas concept that exited Broad Ripple plans to take over former Hard Rock Cafe location
Tanya Davis plans to open a new version of Vegas Lounge & Bar on the first floor of the historic Morrison Opera Place building at 47-49 S. Meridian St.
CFO of the Year
Thank you for joining us to meet this year’s CFO of the Year honorees! These individuals are impressive financial professionals who steer the fortunes of their companies and organizations.
Car dealers press Biden to ease U.S. electric vehicle mandates
A group of 3,700 auto dealers is calling on the Biden administration to pull back on federal regulations that will mandate that two out of every three vehicles sold in the United States in 2032 will be battery electric.
Trio of Indianapolis affordable apartment projects receive tax-credit boosts
Bridges Townhomes on the east side, Grand Meridian on the near-north side and Richardson Townhomes at the Central State Hospital campus each received tax credits as part of the 9% Low-Income Housing Tax Credit program for 2024.
Brinegar reflects on decades-long career at Chamber, Statehouse
From his first legislative session in 1981 to his last in 2023, Kevin Brinegar has personally witnessed some of state’s most pivotal, historic moments—either crunching numbers for Senate Republicans or leading the Indiana Chamber of Commerce.
Fed’s Waller: Interest rates likely high enough to bring inflation back to 2% target
Christopher Waller, a member of the Federal Reserve Board of Governors, cautioned that inflation is still too high and that it’s not yet certain if a recent slowdown in price increases can be sustained.
Holcomb taps Boone County Council president Nieshalla as state comptroller
Elise Nieshalla, a real estate investor and president of the Indiana County Councils Association, will replace Tera Klutz, who is stepping down Thursday despite having more than three years left in her term.
Cyber Monday sales hit record $12.4 billion even as savings dwindle
Spending increased 9.6% from a year ago, making it the biggest online shopping day ever, according to Adobe Inc., which compiles the data.
Area home construction permit filings rise for 4th month in row
Six of the area’s nine counties saw a year-over-year increase in single-family building permit filings in October.
CEO: Here’s why Corteva moved its HQ to Indy from Delaware
Speaking at Monday’s Economic Club of Indiana, Corteva CEO Chuck Magro said last year’s decision was anything but hasty or haphazard.
