Senators introduce college sports bill to standardize NIL rules, regulate collectives
Charlie Baker, president of the Indianapolis-based NCAA, called the legislation “a major step in the right direction.”
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Twitter’s rebranding into X predicted to kill billions of dollars in brand value
It’s rare for corporate brands to become so intertwined with everyday conversation that they become verbs. It’s rarer still for the owner of such a brand to announce plans to intentionally destroy it.
AI leaders warn Congress the technology could be used to create bioweapons
A trio of influential artificial intelligence leaders testified at a congressional hearing Tuesday, warning that the frantic pace of AI development could lead to serious harm within the next few years.
Battery maker EnerDel files for Chapter 7 bankruptcy
The company’s bankruptcy filing comes less than a month after it shut down its Andersen plant in a decision that blindsided employees.
Chevy Bolt EV returning to market, months after GM scrapped it
Demand appears to have been key. “We can’t build enough Bolts right now,” chief executive Mary Barra said during the company’s quarterly earnings call.
UPDATE: Noblesville eyes new site near I-69 for arena and conference center
The Board of Public Works and Safety on Tuesday morning will evaluate a bid proposal from Westfield-based Patch Development to build the facility in Noblesville’s recently established Innovation Mile corridor.
After slow start, some Indiana schools begin to hire adjunct teachers
Indiana lawmakers cleared the way last year for school districts to issue their own permits and hire adjunct teachers for hard-to-fill teaching positions.
UPS reaches pact with 340K union workers, averting potential calamitous strike
The Teamsters called the tentative agreement “historic” and “overwhelmingly lucrative.” It includes, among other benefits, higher wages and air conditioning in delivery trucks.
Biden administration proposes new rules to boost mental health coverage
The rules, if finalized, would force insurers to study patient outcomes to ensure the benefits are administered equally, taking into account their provider network and reimbursement rates and whether prior authorization is required for care.
U.S. consumer confidence jumps to a two-year high as inflation eases
Tumbling inflation and sturdy hiring have raised hopes the Fed just might pull off a so-called soft landing—slowing the economy just enough to tame inflation without tipping the United States into recession.
Almost 36K Hoosiers lost Medicaid coverage under ‘unwinding’ last month
The number of Hoosiers who lost Medicaid coverage due to an “unwinding” of COVID-19 protections decreased significantly in June
East-side community developer eyes $14.7M project near Wheeler facility
The residential project stemmed from a desire to meet the needs of families in a new way, according to Englewood Community Development Corp. Executive Director Joe Bowling.
State’s first Taco Bell Cantina planned in downtown Indianapolis
A franchise operator for Taco Bell Cantina, known for serving beer, wine, sangria, Baha Blast margaritas and Twisted Freezes spiked with rum, tequila or vodka, has signed a lease for a prominent downtown location.
Colts, QB Richardson agree to guaranteed 4-year contract
The Colts are counting on Richardson, the former University of Florida star, to provide some long-term stability at the sport’s most important position.
Greenwood developing new master plan to fuel growth
Gabe Nelson, planning director for the city, said public input will play a major role in the creation of the plan, which aims to ensure Greenwood remains attractive to existing residents and businesses, while creating opportunities to attract new ones.
Indy point-in-time count finds 8% drop in homeless population
The annual census of the city’s houseless population found 1,619 unique individuals who were unsheltered, sheltered or in transitional housing.
Longtime Indianapolis business leader Jerry Semler dies at 86
Semler, who spent almost a quarter-century in executive leadership at American United Life Insurance Co. and served as a board director for a multitude of central Indiana civic, business, charitable and arts organizations, died Monday.
20 Hoosiers in health care and life sciences among Indiana 250’s most influential leaders
The list includes a hospital executive who collects guitars but can’t play them, and a health insurance leader whose dream job is to become a professional sports coach.
Salesforce CEO shares predictions for AI and future of work
Salesforce founder and CEO Marc Benioff, 58, isn’t ready to leave Salesforce yet, even though he has amassed an $8 billion fortune and just went through a challenging stretch that might have caused many CEOs to head for the exit.
Stellantis to build 2nd U.S. battery plant in venture with Samsung
The new plant is expected to open in early 2027, joining a joint-venture facility in Kokomo that’s already under construction and scheduled to start production in early 2025.
