U.S. prices remain high, showing inflation pressures persist
The nation’s inflation rate has steadily cooled since peaking at 9.1% last June but remains far above the Federal Reserve’s 2% target rate.
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Colts to play in Germany this season
The Colts are scheduled to play in Frankfurt against the New England Patriots during Week 10 of the league’s regular season. It’s the first time the franchise has been selected for an international game since 2016.
Indiana gas tax set to rise again this summer
The annual increase was set to expire in 2024, but it was extended until 2027 with a little-discussed provision included in the state budget bill.
Officials hear more calls for deeper look into possible Black graves at bridge project
Architectural representatives at Tuesday’s meeting about the planned Henry Street bridge also presented the preferred design for the project, dubbed “Circle City Gateway.”
Noblesville City Council OKs project terms for Pacers G League arena
Mayor Chris Jensen said the arena is expected to attract about 65,000 people to Noblesville per year, which he said would equate to more than $30 million in annual economic impact for the city.
Indiana elections chief criticized for CPAC Hungary trip
Republican Secretary of State Diego Morales’ office said his trip to the Conservative Political Action Conference in Hungary on Thursday and Friday didn’t disrupt any election-related actions by the office.
Fast-growing M.D. Architects acquires health care design firm in Seattle
Adding 13 employees from 66-year-old Architectural Werks Inc., MDA now has a workforce of 50 and offices on both coasts, in addition to the Midwest.
Mayoral candidate Shreve calls Hogsett’s Pan Am Plaza plan ‘flawed policy’
Republican Jefferson Shreve said he disagrees with the decision by Mayor Joe Hogsett’s administration to take over financing and ownership of the $510 million Signia by Hilton—a key part of the city’s convention strategy.
Indiana rolls out My Healthy Baby program statewide
The program connects people with a family support provider that can answer questions, direct people to resources and provide access to free items through pregnancy and the first year of the child’s life.
Tempur Sealy to buy Mattress Firm in $4 billion deal
Mattress Firm lists at least 17 retail outlets in Indianapolis and surrounding suburbs.
O’Malia’s in Carmel buys its longtime showroom
The company has leased the 18,000-square-foot building since 2002 and hopes the purchase—made possible through a small-business loan—will cement it in that location for the foreseeable future.
Indianapolis Cultural Trail to bridge White River in $21M expansion plan
Announced Tuesday, a one-mile expansion project will take Indianapolis Cultural Trail across the White River as part of the planned Henry Street Bridge south of Washington Street.
Elanco first-quarter earnings rise to $103 million, stock climbs
The company reported earnings per share of 45 cents, handily beating Wall Street’s estimate of 29 cents. Elanco shares soared by about 9% Tuesday in premarket trading, to $9.36.
City, historians at odds over how to approach possible Black grave sites at bridge project
The Indianapolis Department of Public Works says work on the bridge will halt if remains are found during construction, and it plans to have an archaeologist on site during construction who would flag signs of burial. But critics are seeking an archeological dig first.
Americans have bet $220B on sports in 5 years since legalization
Two-thirds of the country now offers legal sports betting, with additional states likely to join in coming months or years.
Banks report tougher credit standards in wake of failures
A Federal Reserve report shows that banks raised their lending standards for business and consumer loans in the aftermath of three large bank failures. It’s a trend that could slow the economy in coming months.
Fast 25: Linkage Logistics Inc.
Linkage is the intermediary between shippers and trucking companies. It works mostly with grocery, produce, agriculture and equipment companies,
Fast 25: Authenticx
Authenticx filters through millions of its health care clients’ interactions each week—such as recorded audio files, chat files and text files—and uses artificial intelligence and algorithms to find themes in the data.