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Partner in planned Indianapolis battery plant facing financial distress
In June, Slovakian startup InoBat announced it was partnering with New York City-based Ideanomics to build the research, development and manufacturing facility. But Ideanomics now says it’s not sure it will be in business in a year.
State letting AES Indiana discharge toxic water into White River, group says
An Indiana environmental group says the utility is pumping more than 1 million gallons of contaminated water a day into the river from coal ash ponds at its Eagle Valley Generating Station in violation of the federal Clean Water Act.
Letter Renter’s tax credit would make housing more affordable
It is imperative for Congress to prioritize the housing crisis and provide solutions that benefit all Americans, particularly those who are vital to our society.
As U.S. sports betting booms, online casino gambling slow to expand
While two-thirds of the country now offers legal sports betting, only six states offer online casino gambling, confounding industry hopes that the rapid growth of sports betting would also bring internet casino wagering along with it.
Concert livestreaming platform Mandolin to cease operations
Conceptualized through venture studio High Alpha, Mandolin emerged during the pandemic as a successful concert livestreaming platform.
Supreme Court temporarily extends access to abortion pill
The court extended women’s access to an abortion pill until Friday while the justices consider whether to allow restrictions on mifepristone to take effect as a legal challenge to the medication’s Food and Drug Administration approval continues.
Amazon HQ2 was thought up pre-pandemic, but the world is hybrid now
Amazon first announced its plans for its second headquarters in fall 2018, but the pandemic has thrown them into disarray as white-collar workers traded their commutes for their living rooms.
Wes Montgomery Park scoring $2.6M basketball pavilion
The park, named after the Indianapolis-born jazz guitarist, will soon be home to the city parks system’s first covered outdoor basketball courts.
Westfield-based ag-tech firm Taranis names new CEO
Westfield-based agricultural technology company Taranis Inc. on Tuesday announced the promotion of Opher Flohr to chief executive, succeeding Bar Veinstein.
When managers try to be therapists, worker mental health can suffer
While workplaces usually have basic guidelines for managers on how to address issues such as like worker anxiety and depression, few have guardrails in place so they know what not to say.
Indiana revenue forecast exceeds projections as recession fears wane
State lawmakers have $1.5 billion more to work with than expected in the next two-year budget, according to revenue figures released by the Indiana State Budget Agency on Wednesday. But it’s unclear where that money will be directed.
Elevance Health tops 1Q forecasts on Medicaid growth
Company shares tumbled 5% at the start of trading Wednesday after Elevance also announced an updated 2023 forecast that fell short of Wall Street expectations.
Senate’s $43.3B state budget advances to conference committee, where negotiations will continue
The proposed version of the budget doesn’t include any expansion of school vouchers, which House Speaker Todd Huston has personally pushed for, nor does it finalize funding for mental health and public health commitments.
Developer behind $22.6M renovation of Mass Ave trustee building secures incentive from IEDC
Indianapolis-based Landmark Properties Inc. has agreed to terms on a $2 million redevelopment tax credit to support the project across from Bottleworks.
Fox News, Dominion settle defamation lawsuit for $787.5 million
The eye-popping figure—the largest publicly disclosed monetary settlement ever in an American defamation action—averted what could have been an even costlier outcome for Fox and its parent company, Fox Corp.
COVID vaccines to remain free to uninsured under Biden plan
The $1.1 billion program, funded by the Department of Health and Human Services, would allow officials to purchase coronavirus vaccine doses for uninsured Americans after the current federal supply is exhausted.
Indiana Senate approves handgun training fund for teachers
Supporters have said the 40 hours of optional training would help teachers learn how to defend themselves and students if needed, especially in situations with an active shooter.
Former Rep. Marlin Stutzman plans new bid for old House seat
The seat in Indiana’s 3rd District is up for grabs after GOP incumbent Rep. Jim Banks announced earlier this year that he would instead run for a U.S. Senate seat in 2024.
Purdue’s Edey declares for NBA Draft with option to return to school
Zach Edey is the first player in NCAA history to finish a season with at least 750 points, 400 rebounds, 70 blocks and 50 assists in a season, but most projections don’t have him being selected in the first round of the draft.
