Indy mayoral candidates debate handling of riots, housing, public safety
A question repeatedly posed by the Shreve campaign and other Marion County Republicans was asked Monday: Where was Hogsett during 2020’s downtown riots?
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Life science boosters hail Indiana’s designation as federal technology hub
The federal designation marks Indiana as a hub for biologics manufacturing. Biologics are medicines derived from biological sources and include vaccines, monoclonal antibodies, and immune modulators.
Chevron buying Hess for $53B in latest oil megadeal
The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion.
UPDATE: Feds pick Indiana as biotech hub, putting it in running for millions in funding
The technology hub designation makes Indiana eligible to compete against 30 other designated hubs in hopes of landing up to $70 million in federal funding to implement its program.
Seafood arrives swiftly at Broad Ripple’s new Bardales market
Bardales Seafood was founded last year as a wholesale supplier to central Indiana restaurants. The business opened a Broad Ripple shop earlier this month to sell specialty fish to the public.
Replacing income tax with sales tax hike would cost poor Hoosiers more, experts say
Analyst Neva Butkus with the Institute on Taxation and Economic Policy called the state’s tax system “deeply regressive,” meaning that lower-income residents contribute larger shares of their income toward government services.
Yield on a 10-year Treasury reaches 5% for first time since 2007
Besides making it more expensive for U.S. homebuyers to buy a house with a mortgage, higher yields also put downward pressure on prices for everything from stocks to cryptocurrencies. Eventually, they could help cause companies to lay off more workers.
UAW escalates strike by adding Stellantis plant with 6,800 workers
About 40,800 workers are now on strike against all three automakers. The strikes, now in their sixth week, cover seven assembly plants and 38 parts warehouses.
IBJ Podcast: Carmel filmmaker, 23, prepares to air 8-hour JFK documentary on History Channel
Ashton Gleckman lays out the reasons he thought the world—and in particular its post-Kennedy generations—needed a deep dive into the life and legacy of the 35th president.
Nine Republicans announce intentions to run for House speaker
The Republican conference is expected to meet Monday evening to hear from this new crop of candidates seeking the gavel. The group is expected to vote as early as Tuesday on its next speaker-designate.
UAW boss says strikes will continue in bid for better offers from companies
United Auto Workers President Shawn Fain said Friday that while Detroit’s automakers have increased their wage and benefit offers, he believes the union can gain more if it holds out longer in contract talks.
UPDATE: House Republicans drop Jim Jordan as their nominee for speaker
Republicans dropped made the decision Friday afternoon during a closed-door session after the hard-edged ally of Donald Trump failed badly on a third ballot for the gavel.
Hogsett’s $6M in fundraising dwarfed by Shreve’s $13.5M in self-funding
Indianapolis Mayor Joe Hogsett’s fundraising wasn’t able to keep pace with Republican challenger Jefferson Shreve’s ability to bankroll his own campaign.
Pete the Planner: Investing on faith alone turns your cash into crumbs
Running a business for the first time is incredibly difficult and undeniably risky.
Loan delinquency rates on the rise
Increasing numbers of borrowers are falling behind on their credit-card and auto-loan payments, but banking and economic experts say this is not necessarily a sign of economic troubles ahead.
Cecil Bohanon and John Horowitz: Goldin’s work is worthy of Nobel economic prize
| Cecil Bohanon and John Horowitz
Claudia Goldin’s research found that childless men and women earn about the same, but having children reduces women’s earnings because they mainly bear the costs of combining work with family and have limited workplace flexibility.
UAW strike underscores future of EV manufacturing in Indiana
Union leaders want promises from the Big Three automakers that their wave of new electric vehicle battery plants will fall under the UAW’s contract and that workers at those plants will make UAW assembly wages of $32 an hour.
Carmel filmmaker Ashton Gleckman chronicles JFK for new audience
On Nov. 18-20, the History Channel will broadcast the 23-year-old’s eight-episode documentary series that chronicles the life of President John F. Kennedy.
Mayoral candidates differ on approach to downtown incentives
While incumbent Joe Hogsett says a broad use of incentives like tax-increment-financing bonds is often necessary to bridge funding gaps, Jefferson Shreve favors a moderated use of the city’s incentive toolbox.
Indiana 250: Chuck Surack
Chuck Surack is the founder and former CEO and chair of Fort Wayne-based Sweetwater Sound, an online retailer of musical instruments and audio equipment that he established in 1979 as a four-track recording studio in the back of his Volkswagen bus.