Banking upheaval presents opportunity
The failures of both Silicon Valley Bank and Signature Bank earlier this month mean venture investors and startups in Indiana and elsewhere are rethinking how and where they bank.
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Lesley Weidenbener: Readers share differing views of IBJ’s downtown stories
These readers’ concerns about our coverage are worth thinking about. We don’t always get everything right. But I can assure you that our intent was sincere.
John Ketzenberger: Wetlands take care of us, if Indiana lawmakers let them
Unfortunately in Indiana, less than 20% of the state’s original wetland acreage remains, and what’s left is under threat.
Chris Price: Shifting our view of inmates does more than fill jobs
The Indiana Construction Roundtable provides training in community centers around the state, with the majority of our students seeking paths out of poverty. And while those students appreciate the training, the prison-class students show the greatest drive.
Letters: FAFSA needn’t be mandatory
Every good idea, no matter how well intentioned, does not need to become law.
Ascension St. Vincent CEO Nalli leaving health system in April
Ascension, the largest health system in central Indiana by number of beds, did not name a successor. It said in the announcement it “will be working through a thoughtful transition plan.”
Pandemic pet adoptions propel rise of $500 billion global market
A wave of adoptions during the COVID-19 pandemic has created greater demand for basics like food and toys, as well as sophisticated medical care that can prolong a pet’s life.
Carmel-based startup Blue Agilis lands $2.5M seed investment
Founded in 2021, Blue Agilis helps health care providers customize their care based on research and provides a structure to make sure that care gets delivered.
Indianapolis-based angel investor group eyeing ‘record year’ in 2023, executive director says
VisionTech, a group of more than 130 investors, has so far this year made seven investments totaling $1 million. In comparison, the group made a total of 16 investments totaling $2.4 million in all of 2022.
Secretary of state seeks salary bumps, funding for election security
Secretary of State Diego Morales is asking for salary increases for his employees and about $6 million in funding for an election cybersecurity program in the next two-year budget cycle.
Trump, Pence slated to address NRA convention in Indy
Their appearances approach as former President Donald Trump marches ahead with his announced bid for the 2024 Republican presidential nomination and his former running mate Mike Pence visits key primary states in preparation for his own potential run.
Virtual school funding increase benefits House speaker’s client
Indiana House Speaker Todd Huston maintained Thursday that virtual charter schools deserve equal funding and denied that a virtual education company he consults for would unfairly benefit from a tax increase proposed in the state budget.
State’s poorest renters hurt most by affordable housing shortage, report says
Sixty-one percent of Hoosiers in extremely low-income households can’t find an affordable rental, instead spending more than half of their income on housing with little left for food or other necessities, according to a newly released analysis.
IPS to implement overhaul without new taxes for operating costs—for now
The overhaul approved in November reconfigures grades, closes six schools and expands specialized academic programs in an effort that officials say will create more great schools and prioritize equity.
Fed’s unwanted ally in bid to tame inflation: Credit crunch
Signs of a possible credit crunch in the United States had begun to emerge even before Silicon Valley Bank collapsed on March 10, raising worries about the stability of the financial system.
New Starbucks CEO plans to work in stores monthly
Laxman Narasimhan, the new CEO of Starbucks, has spent the last six months immersing himself in Starbucks, earning his barista certification as well as visiting stores, farms and manufacturing centers across the world.
Court blocks COVID-19 vaccine mandate for federal workers
The 5th U.S. Circuit Court of Appeals in New Orleans rejected arguments that Biden, as the nation’s chief executive, has the same authority as the CEO of a private corporation to require that employees be vaccinated.
IPS taps new operator for School 14, nixes Edison School of the Arts expansion
The unanimous vote to approve the Near Eastside Innovation School Corp. to run the school follows the district’s decision to drop Urban Act Academy—the charter operator that has run the school since 2018-19—from its Innovation Network.
Former coal executive’s Evansville mansion has a diamond-like sheen
Steve Chancellor, a well-known Republican donor and coal company executive, has welcomed many of the GOP’s elite to the 33,547-square-foot mansion since it was built in 1997. Now he’s put his palatial home on the market for $8.5 million.
UPDATE: TikTok CEO grilled by skeptical lawmakers on safety, content
A nearly six-hour grilling of TikTok’s CEO by lawmakers brought the platform’s 150 million U.S. users no closer to an answer as to whether the app will be wiped from their devices.
