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Tax-increment financing districts get more scrutiny under House bill
The proposal for the popular economic development tool used by Hoosier cities and counties focuses on transparency, accountability and benefits for school corporations.
TechPoint reveals 2023 Mira Award nominees
The not-for-profit advocate for Indiana’s technology sector said the 78 nominees were chosen from a record number of entries and represent almost all regions of the state.
Taco eatery Agave & Rye set to open this month at CityWay
Founded in Covington, Kentucky, in 2018, Agave & Rye Tequila and Bourbon Hall has quickly grown to 14 locations in five states. The Indianapolis restaurant will be its second in Indiana.
Westfield City Council votes to join central Indiana economic development group
Westfield joins Anderson, Beech Grove, Carmel, Fishers, Indianapolis, Lawrence, McCordsville, Noblesville, Speedway and Zionsville in the RDA.
CDC: Pandemic youth mental health toll unprecedented
The pandemic took a harsh toll on U.S. teen girls’ mental health, with almost 60% reporting feelings of persistent sadness or hopelessness, according to a government survey released Monday.
Ford to build $3.5B electric vehicle battery plant in Michigan
Gabby Bruno, director of economic development for Ford, said there was “no lack of competition for this project.” She said Michigan “competed against numerous states and countries” to secure the investment.
Medical-device company to raise about $15M in IPO
Neuraxis Inc., based in Versailles and with an office in Carmel, said it will use the proceeds to ramp up its sales and marketing efforts, along with research and development and other functions.
Rural hospitals worry as lawmakers move to lower costs for patients
Indiana lawmakers have seized on high health care costs as a priority problem to tackle this legislative session, but rural hospitals with thin profit margins are worried—and want more help from the state.
Democrats seek tighter limit on stock buybacks in chip subsidies
The members of Congress want companies that accept money authorized by the Chips and Science Act to be restricted from engaging in stock buybacks for at least 10 years.
Purdue lands $50M donation for new business school
The Dean and Barbara White Family Foundation has committed $50 million for the undergraduate institute at the Mitchell E. Daniels Jr. School of Business at Purdue University, the school announced Monday.
Former church business manager sentenced to 2 years in prison
Investigators say Marie Carson illegally transferred $573,836 in church and school money into her private accounts from 2008 to 2021 and used much of the money to pay for casino gambling and an annual month-long vacation to Florida.
IBJ Podcast: He stitched handbags in his Irvington basement, and now it’s a $1M business
In conversation with podcast host Mason King, Howl & Hide’s Christian Resiak details the process of building the business from scratch and his grand plan to become a global brand.
Rokita under investigation by disciplinary commission for statements about Indiana doctor
The proceedings stem from an ongoing legal saga between Rokita and Dr. Caitlin Bernard, an Indianapolis OBGYN.
