Dana Black: Jefferson Shreve isn’t the leader Indianapolis needs
He might just be the locksmith they need to completely take over the economic hub of Indiana, forcing more Hoosiers and businesses to consider moving elsewhere.
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Walker Legacy Center to start endowment with proceeds from real estate sales
The sale of Walker Plaza, which was built in 1989, also clears the way for the center’s leadership to usher in a new plan for the Legacy Center, which is expected to focus on further educating the public about C.J. Walker and her work as a businesswoman and prominent figure in Indianapolis in the early 1900s.
Teresa Reynolds and band capture live sound on new album
Teresa Reynolds & the Slicktones will celebrate the release of “The Postal Recording Sessions” on Saturday at the Mousetrap Bar & Grill.
State Rep. Schaibley of Carmel to retire after almost decade in office
Rep. Donna Schaibley, has served House District 24—parts of Boone and Hamilton counties—since 2014.
U.S. consumer prices rise at brisk pace for second straight month
Recent inflation data underscore how a strong labor market is underpinning consumer demand, which risks keeping price pressures above the Fed’s target.
IRS says Microsoft might owe about $29B in back taxes
That figure, which Microsoft disputes, stems from a long-running IRS probe into how Microsoft allocated its profits among countries and jurisdictions in the years 2004 to 2013.
City of Indianapolis announces $4M in mental health, juvenile justice grants
The money comes from the city’s allotment of federal COVID-19 relief funds.
Social Security benefits to increase by 3.2% in 2024
Next year’s hike follows this year’s 8.7% benefit increase, which was brought on by record 40-year-high inflation.
Construction begins in Noblesville on $39M luxury apartment building for seniors
The project is HighGround’s third age-restricted luxury apartment development in Hamilton County following GrandView, which is under construction in Westfield, and CityView, which is planned in Fishers.
Republicans fail to coalesce around speaker choice, leaving U.S. House in limbo
Majority Leader Steve Scalise was nominated for speaker by a majority of Republicans early Wednesday. But a significant number of Republicans said they planned to protest his official election.
UAW escalates strike as 8,700 workers walk out at Ford’s Kentucky Truck Plant in Louisville
The surprise move at about 6:30 p.m. Wednesday took down the largest and most profitable Ford plant in the world. The sprawling factory makes pricey heavy-duty F-Series pickup trucks and large Ford and Lincoln SUVs.
Eleven Indiana school districts seeking tax increases in November elections
Among those in Indiana seeking property tax increases are three districts in Hamilton County.
Most U.S. households expected to pay less for heat this winter
Citizens Energy Group, which provides utility services to 900,000 people in the Indianapolis area, said Wednesday that it projects monthly natural gas heating bills will decrease during the winter heating season.
Fed officials signal cautious approach to rates amid heightened uncertainty
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully.”
Rapid change on near-north side continues with $45M housing development
The Stella, when completed, will provide 166 new, mixed-income housing units and retail space in the 1800 block of North Meridian Street. A groundbreaking for the project took place Wednesday.
Wholesale inflation rises 2.2% in biggest year-over-year gain since April
The numbers, driven by an uptick in the price of goods, came in higher last month than economists had expected.
Detroit automakers, union leaders spar over 4,800 layoffs at non-striking factories
The UAW contends that the layoffs are unjustified and were imposed as part of the companies’ pressure campaign to persuade union members to accept less favorable terms in negotiations with automakers.
Republicans nominate Steve Scalise to be House speaker
Scalise, as the second-ranking Republican, is seen as a hero among colleagues for having survived severe injuries from a mass shooting during a congressional baseball practice in 2017. He is now battling blood cancer.
