Ag-tech startup Athian secures investors for $5M funding round
Athian expects to begin beta testing for its first product this month. The company was launched last year by Greenfield-based Elanco and Indianapolis-based High Alpha Innovation.
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Sales of existing homes still slumping in central Indiana
Residential real estate sales in the 16-county area have fallen on a year-over-year basis for the past 13 months and have seen double-digit percentage decreases for eight straight months.
Men’s college basketball players making twice as much as women
The pay difference comes mainly from money flowing from so-called NIL collectives. Excluding the money from collectives, male and female basketball players made roughly the same amount of money from NIL deals.
COVID-19 pill Paxlovid moves closer to full FDA approval
The medication has been used by millions of Americans since the FDA granted it emergency use authorization in late 2021.
Big banks create $30B rescue package for First Republic
Eleven of the biggest U.S. banks Thursday announced a $30 billion rescue package for First Republic Bank in an effort to prevent it from becoming the third bank to fail in less than a week and head off a broader banking crisis.
Microsoft adds AI tools to office apps Outlook, Word, Excel
Microsoft is infusing artificial intelligence tools into its suite of office software, allowing users to do things like summarize long emails, draft stories in Word and animate slides in PowerPoint.
Fed lent $300B in emergency funds to banks in past week
Nearly half the money—$143 billion—went to holding companies for two major banks that failed over the past week, Silicon Valley Bank and Signature Bank, triggering widespread alarm in financial markets.
Dance Kaleidoscope reels in the years with the Beatles
‘Magical Decades Tour’ show mixes songs popularized by the Beatles with hits by other artists in multiple decades.
‘World’s whitest paint,’ developed at Purdue, wins big at SXSW
A product developed by researchers at Purdue University that was recognized by Guinness World Records as the world’s whitest paint has earned two major awards.
Westfield term limits near dead after Indiana House passes elections bill
The bill would overturn the term-limits ordinance that the Westfield City Council approved in late 2022 for its elected officials. House members passed the bill 92-0, sending it to Gov. Eric Holcomb’s desk.
Data shows mental health, education declines for Hoosier children
The Hoosier State continues to lag its peers when it comes to child wellbeing, ranking 28th overall—just one place ahead of its ranking last year. But it has made strides in reducing the number of foster children in the state.
Multifamily projects lead to bigger-than-expected surge in residential construction
The pickup points to signs of budding optimism that the worst of the housing rout may be near.
New IndyFringe leader wants to add to energy on Mass Ave
Former flute professor Jennifer Cooper previously served as executive director of the Montana International Choral Festival.
U.S. jobless aid claims show weekly decline as layoffs remain low
The labor market continues to thrive despite the Federal Reserve’s efforts to cool the economy and tamp down inflation.
Mobile sports bets booming in some states as others shy away
Nationwide, legal sports betting has generated more than $3 billion in state and federal taxes since the 2018 Supreme Court ruling allowing it, according to the American Gaming Association.
North of 96th roundup: Scenthound, Don Rigo among those set for openings
Several restaurants and businesses have recently opened or are planning to open their doors in the north suburbs of Indianapolis. Here’s a look.
Indiana bill seeks to separate school transcripts, vaccination records
Current state law permits schools to include a student’s immunization information with their high school transcript, but some say that violates students’ privacy rights.
Elevate Ventures launching new multiday innovation conference
The new event, called Rally, will take place at the Indiana Convention Center and feature a $5 million pitch competition, more than 200 speakers, and opportunities for entrepreneurs to demonstrate their innovations and meet individually with potential investors.
FAFSA requirement for Indiana students one step closer to becoming law
Indiana students could soon be required to fill out the Free Application for Federal Student Aid, a shift that supporters say could give students more money to go to college and convince more of them to enroll in higher education in the first place.
TikTok dismisses calls for Chinese owners to sell stakes
Meanwhile, lawmakers in both the House and Senate have been moving forward with legislation that would give the Biden administration more power to clamp down on TikTok.
