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Governor, other top elected officials see large pay raises in budget

April 27, 2023 | Whitney Downard, Indiana Capital Chronicle

Under the addition, the state governor’s salary would be equal to that of an Indiana Supreme Court Justice—starting with Gov. Eric Holcomb’s successor, who would see a salary increase of 48%. 

North of 96th roundup: Big Blue Swim School, Thai Sushi House among those set to open

April 27, 2023 | Daniel Bradley

Several restaurants and businesses have recently opened or are planning to open their doors in the north suburbs of Indianapolis. Here’s a look.

Lilly diabetes drug helps patients shed average of 34 pounds, a development sure to boost sales

April 27, 2023 | John Russell

The Indianapolis-based drugmaker said it would complete submission of tirzepatide to the U.S. Food and Drug Administration in coming weeks for treatment of obesity and expects regulatory action as early as late 2023.

Area residential builders see 15th straight month of falling permits

April 26, 2023 | IBJ Staff

Demand for new houses in central Indiana continued to lag last year’s pace in March, but longtime housing hotbed Hamilton County broke out of its recent slump.

Purdue lands $100M for cancer drug Pluvicto royalties

April 26, 2023 | Alex Brown, Inside INdiana Business

Purdue University plans to use the funding to further support research at the university.

Indiana lawmakers sends teacher gun training bill to governor

April 26, 2023 | Associated Press

The bill that would create a state-funded handgun training program available for teachers, something critics have said could wrongly increase the number of guns in schools.

Statehouse

House Republicans pass U.S. debt bill, push Biden on spending

April 26, 2023 | Associated Press

The sweeping legislation passed Wednesday that would raise the government’s legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions.

Appeals court rejects Trump effort to block Pence testimony

April 26, 2023 | Associated Press

A federal appeals court on Wednesday night moved former Vice President Mike Pence closer to appearing before a grand jury investigating efforts to undo the results of the 2020 presidential election.

Supreme Court seems to favor woman who got $0 in condo sale

April 26, 2023 | Associated Press

The court seems likely to give a 94-year-old woman another day in court to try to recoup some money after the county sold her condominium over a small unpaid tax bill and then kept all of the $40,000 proceeds.

Revised state budget expands school voucher funding, accelerates income tax cuts

April 26, 2023 | Peter Blanchard

The $44.5 billion spending plan restores measures coveted by Republican leaders in both chambers, a reflection of the April state revenue forecast that showed Indiana is expected to receive an additional $1.5 billion in revenue over the next two fiscal years.

Indiana Statehouse

2023 Forty Under 40

2023 Engage Northwest Indiana Valparaiso

Stellantis to offer buyouts amid electric vehicle transition

April 26, 2023 | Associated Press

Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.

JC Hart plans 313-unit apartment project in busy north-side area

April 26, 2023 | Mickey Shuey

Called Allison Pointe, the project is designated for a 10.5-acre undeveloped parcel in a small commercial park along Allison Lake, a manmade body of water between 82nd Street and I-465.

Marion County set to receive extra $8 million in annual road funding

April 26, 2023 | Peter Blanchard and Taylor Wooten

Debate over the bill has served as a flashpoint in the ongoing fight between city and state leaders over Indiana’s road-funding formula, which allocates gas-tax funds and other revenue by center-line miles rather than by vehicle miles traveled.

Purdue University improves to top 5 in rankings for U.S. patents

April 26, 2023 | Alex Brown, Inside INdiana Business

The ranking comes less than a week after the university unveiled its Purdue Innovates initiative, designed to streamline access and support for commercialization of intellectual property developed by faculty, students and alumni, as well as startup creation.

DeJoy: U.S. Postal Service plans to keep raising prices

April 26, 2023 | The Washington Post

Postmaster General Louis DeJoy says his plan to dramatically increase postage rates could spell trouble for some businesses relying on mailing and shipping costs that have been kept low at the expense of the Postal Service’s financial stability.

2023 Engage Northwest Indiana – Valparaiso

South Korean company plans $102M recycling plant in Kokomo for EV industry

April 26, 2023 | IBJ Staff

Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.

Q&A with Gregory Hill, new Indianapolis Public Library CEO

April 26, 2023 | Taylor Wooten

Hill, who has been with the library system for over a decade, says he’s hopeful that the system can move forward despite continued calls for the board of trustees to appoint former interim CEO Nichelle Hayes as chief executive.

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