NCAA tax records show ex-president Emmert paid nearly $3.3M in 2021
Overall, NCAA revenue increased 10% in the 2021-22 fiscal year, while its expenses rose 16%.
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Big crowds expected for the summer travel season—and big prices, too
For the travel industry, the big question is how long consumers can keep paying for airline tickets and accommodations while they deal with stubborn high inflation, news about layoffs and bank failures, and fear of a recession.
American Indian festival returning to Hendricks County Fairgrounds
Hendricks County tourism officials are expecting thousands of visitors and dozens of vendors this summer when the county hosts one of the nation’s largest events promoting awareness and education of the American Indian culture.
House votes to overturn Biden’s student loan-forgiveness program
The measure would also end the pause on federal student loan payments, a policy first introduced by the Trump administration in response to the coronavirus pandemic more than three years ago.
After years of struggling, A.J. Foyt Racing has cars to contend in Indy 500
A.J. Foyt Racing hasn’t had a car on the podium since 2019 and its last victory came a decade ago. But major changes in the offseason are expected to make the team competitive in the Indianapolis 500.
Hillenbrand acquires food processing equipment business for $730M
When the deal is completed, Hillenbrand said the Food and Performance Materials business of Schenck Process will join its Advanced Process Solutions segment.
Hogsett responds to Doden’s proposal for Indy: ‘Downtown is safe’
The mayor’s comments came in response to a proposal put forth by Fort Wayne businessman and candidate for governor Eric Doden, who is seeking the Republican nomination in 2024.
PNC Bank to close one of its downtown branches
In a letter to customers, PNC said it plans to close the branch in mid-August while leaving its other downtown branch open.
Pianists Association hires Concert Artists Guild executive as new CEO
In his role at the Concert Artists Guild, Chris Williams mentored emerging artists and assisted in fostering music industry connections.
Not-for-profit boss shifts priorities to lead new youth chess initiative
Inclusion is a primary goal for Indy Chess, which is working to endear the game to girls and multiple racial groups.
Indiana Lottery to send projected $362M surplus back to state
The Hoosier Lottery expects to make $1.7 billion in sales by the end of the fiscal year, which ends June 30. That’s up 1.6% compared with last year.
State to spend $14M on downtown roads damaged during North Split construction
The Indiana Department of Transportation plans to resurface streets and repair curbs and sidewalks in 15 downtown Indianapolis locations.
Ford changes tune, to keep AM radio on 2024 models
Ford CEO Jim Farley said the company is reversing a decision to scrub AM after speaking with government policy leaders who are concerned about keeping emergency alerts.
White House unveils new efforts to guide federal research of AI
The U.S. government and private sector in recent months have begun more publicly weighing the possibilities and perils of artificial intelligence.
U.S. rejects $200M grant to battery maker over alleged ties to China
The company is building a battery plant in Tennessee and was in talks with the Energy Department for a $200 million grant funded through the 2021 infrastructure law.
States sue telecom company over billions of robocalls
The lawsuit said Avid Telecom used spoofed or invalid caller ID numbers, including more than 8.4 million calls that appeared to be coming from government and law enforcement agencies as well as private companies.
Draft EPA rule could impact nearly 50 Indiana coal ash dumps
The Environmental Protection Agency’s new rule—released last week—would extend monitoring, closure, and cleanup provisions to certain landfills, ponds and other sites for the first time.
Real estate developer plans to move HQ from Indy to Zionsville
Indianapolis-based Kendall Property Group plans to spend up to $6 million on a new building at Creekside Corporate Park.
Cummins announces $153M plant acquisition from Faurecia
Cummins plans to acquire two manufacturing sites, one in its hometown of Columbus, Indiana, from France-based Faurecia.
Carmel startup Syra Health files to go public
Officials of the two-year-old firm that provides professional services in the health care and life science industries expect the offering to raise up to $8 million.
