U.S. job openings dip, but remain high at 10.8 million
For 20 straight months, employers have posted at least 10 million openings—a level never reached before 2021 in Labor Department data going back to 2000.
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HNI to acquire Kimball International for $485M
Iowa-based HNI said Wednesday that the acquisition of Indiana-based Kimball International will enhance manufacturing capabilities and create a combined company that can better benefit from post-pandemic trends in the markets it serves.
Cummins reveals Accelera as new brand for its green-tech power biz
The rebranding is an attempt to differentiate what until now had been known as Cummins’ New Power business unit, giving it a separate identity from the rest of the 104-year-old company, which has traditionally been known for its diesel engines.
Fed’s Powell signals increased rate hikes if economy stays strong
Jerome Powell’s comments reflect a sharp change in the economic outlook since the Fed’s most recent policy meeting in early February.
Self-sanitizing changing tables to be installed at Indy airport
Pluie Inc., a startup co-founded by an Indiana native, is about to get a big boost in exposure, with dozens of its self-sanitizing diaper changing tables being installed in multiple locations at Indianapolis International Airport.
Amazon’s belt-tightening affects towns across United States
For years, Amazon has been in super growth mode. But now, some projects are facing delays, and some communities worry the projects might never materialize.
Safety agency opens probe of Norfolk Southern rail accidents
Federal investigators are opening a wide-ranging investigation into one of the nation’s biggest railroads following a fiery derailment on the Ohio-Pennsylvania border last month and several other accidents involving Norfolk Southern.
Indianapolis-based Sanctuary Wealth ousts CEO, but won’t say why
Ousted CEO Jim Dickson founded Sanctuary in 2018 after the firm acquired Indianapolis-based David A. Noyes & Co., which in 2020 changed its name to Sanctuary Securities Inc.
U.S. sues to block JetBlue from buying Spirit Airlines
The Justice Department said the $3.8 billion acquisition would hurt cost-conscious travelers who depend on Spirit to find cheaper options than they can find on JetBlue and other airlines.
Health Care Heroes 2023
INNOVATIONS IN HEALTH CARE TOPHONOREE The Center for Physician Well-Being and Professional Development Community Health Network HONOREE The Fetal Center Riley Children's Health HONOREE Dr. Kurt Kroenke Research Scientist,Regenstrief Institute PHYSICIAN TOPHONOREE Dr. Robert Cater Medical Director,Rophe Free Clinic HONOREE Dr. Andrew O'Brien Director,Adult Sickle Cell Disease Program, Indiana University Health HONOREE Dr. Maria Wilson […]
Housing not-for-profits relocating to downtown Indy office building
The building was purchased from former occupant Girls Inc. by an affiliate of Merchants Bank for $3.1 million in May.
Indianapolis charter school network to open STEM academy for girls
Paramount Schools of Excellence said the charter school, called Girls IN STEM Academy, will be operated in partnership with Girl Scouts of Central Indiana, Every Girl Can STEM and Purdue Polytechnic High School.
Biden proposes new taxes on rich to help fund Medicare
The proposed hike would likely increase tax revenues by more than $117 billion over 10 years, according to estimates by the Tax Policy Center.
Indiana House proposed budget alters salary calculations, public health allocations
The proposed changes could have big impacts for lawmakers, as the bill’s language would change the formula used to calculate pay raises for many–from the governor down to each legislator.
Powell: Rate hikes could accelerate if economy stays strong
Most economists and Wall Street investors had expected the Fed to carry out another quarter-point increase when it next meets March 21-22. But in recent days, traders have been pricing in a greater likelihood of a half-point increase.
Walgreens says it won’t sell abortion pills in Indiana, even though it remains legal
The decision comes after Attorney General Todd Rokita and 19 other attorneys general threatened legal action if the pharmacy company sells the pills by mail.
City-County Council appoints Eugene White to Indianapolis library board
The City-County Council unanimously approved the appointment of White, the former superintendent of Indianapolis Public Schools and president of Martin University.
City-County Council passes measure to restrict retail pet sales
The proposal would prohibit most retail sales of cats, dogs and rabbits in the city, but could be blocked by possible statewide legislation that is under consideration at the Indiana Statehouse.
Downtown percussion museum to relocate following water damage
The 15,000-square-foot Rhythm! Discovery Center, which opened in November 2009 in the lower level of the Claypool Court building, will remain closed and keep its extensive collection in storage until a new space is found.
Bank sues to block Biden’s pause on student loan payments
SoFi Bank argues the moratorium has no legal basis and has cost the bank, known for its refinancing business, millions of dollars in profits.