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Shreve tops Shabazz for Indy GOP mayoral nomination

May 2, 2023 | Taylor Wooten

Jefferson Shreve’s win sets up a November election battle against two-term incumbent Joe Hogsett, who won the Democratic primary and has been Shreve’s main target throughout the primary election season.

Election updates: Gentry, Stehr win Boone County primaries

May 2, 2023 | IBJ Staff

Follow our blog throughout the evening for the latest developments and election results.

New York state to require gas-free new buildings

May 2, 2023 | Associated Press

“This is where our nation has to go eventually,” New York Gov. Kathy Hochul said after negotiating with fellow Democrats to add the law to the state’s budget.

Carmel-based KAR to change its name to OpenLane

May 2, 2023 | Susan Orr

If the new name sounds familiar, that’s because KAR has been using it for a portion of its business after acquiring a California-based online auction company named OpenLane Inc. in 2011.

Cummins reports record 1Q revenue, raises full-year guidance

May 2, 2023 | Susan Orr

Cummins is forecasting revenue to be up 15% to 20% year-over-year, compared with its previous guidance of between 12% to 17%.

As Fed examines banking woes, small businesses already feel the crunch

May 2, 2023 | The Washington Post

All over the country, small-business owners are feeling the early consequences of this spring’s banking crisis, which spanned two chaotic weeks in March and is still ricocheting through the economy.

Townhouse complex planned near Lucas Oil Stadium amid Old Southside recovery

May 2, 2023 | Mickey Shuey

Meridian Enclave would consist of 16 townhouses spread across four buildings all in the same block, southeast of the intersection of Sycamore and Charles streets. In addition, the developer plans to rehabilitate two adjacent homes.

U.S. job openings dip to 9.6 million, lowest since 2021

May 2, 2023 | Associated Press

The Labor Department’s Job Openings and Labor Turnover Summary, out Tuesday, showed that layoffs rose to 1.8 million, the highest level since December 2020.

Trey Anastasio tops jam-themed lineup announced for All IN fest

May 2, 2023 | Dave Lindquist

The improvisational rock of jam bands is scheduled to reign at the second All IN festival, where Trey Anastasio and Umphrey’s McGee are on the bill.

Trey Anastasio

No cost-of-living boost or 13th check for Indiana retirees

May 2, 2023 | Whitney Downard, Indiana Capital Chronicle

Despite billions in state reserves, fixed income retirees who are part of the Indiana public pension program won’t be getting a bonus benefit from the legislature this year.

rop-senior-020915-2col.jpg

Hollywood writers, slamming ‘gig economy,’ to go on strike

May 2, 2023 | Associated Press

Streaming has exploded the number of series and films that are annually made, meaning more jobs for writers. But WGA members say they’re making much less money and working under more strained conditions.

Pilots at American, Southwest ratchet up strike threats

May 1, 2023 | Associated Press

American, Southwest and United Airlines are under pressure to match or beat terms that rival Delta Air Lines accepted with its pilots.

Lawmakers call on SEC to assess Shein supply chain before IPO

May 1, 2023 | Associated Press

A bipartisan group of two dozen lawmakers is asking the SEC to put the brakes on an initial public offering by Chinese fast-fashion retailer Shein—which has major operations near Indianapolis—until it verifies it does not use forced labor.

FDIC recommends raising insured deposit limit for businesses

May 1, 2023 | Associated Press

U.S. businesses might be able to secure bank deposit insurance for accounts holding more than $250,000 if Congress agrees with the Federal Deposit Insurance Corp.’s new proposal.

Holcomb signs birth-control, voter-ID legislation

May 1, 2023 | Associated Press

Gov. Eric Holcomb signed 68 bills on Monday, including a GOP-backed proposal requiring voters to submit more identification information to obtain mail-in ballots.

Indiana Statehouse

Report: Central Indiana among top 10 worst places in U.S. for particle pollution

May 1, 2023 | Violet Comber-Wilen, WFYI

This year’s report also showed Indianapolis ranked as the 65th most polluted city for ozone pollution, which is an improvement from 48th in last year’s report.

U.S. Supreme Court declines to take up Indiana’s abortion burial law

May 1, 2023 | Associated Press

An Indiana law that requires abortion clinics to either bury or cremate fetal remains will remain in effect after the U.S. Supreme Court has declined to consider a lawsuit challenging it.

Manchester University names new president

May 1, 2023 | Alex Brown, Inside INdiana Business

Stacy Young, a 1996 graduate of Manchester University, will become the school’s 16th president on July 1. She currently serves as president of Montcalm Community College in Sidney, Michigan.

Department of Child Services director stepping down; successor named

May 1, 2023 | Alex Brown, Inside INdiana Business

Terry Stigdon plans to step down at the end of the week, the governor announced Monday. Under Stigdon’s leadership, the number of children in foster care has decreased by more than half since 2017.

2023 Life Sciences Power Breakfast

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