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IBJ Podcast: Internet banking pioneer Becker has bucket list but isn’t going anywhere
The First Internet Bank of Indiana founder is 69 years old and says he has no plans to hand over the reins of CEO and chairman given that developing new products and services for the bank scratches his entrepreneurial itch.
IU real estate students launch $4.2M private equity firm
All of the money in the fund came from investments rather than donations, meaning those involved expect a return on their input.
Operative jumps from Haley team to Pence amid 2024 jostling
The switch between camps comes as potential GOP White House contenders seek to build out their operations in preparation for the launch of campaigns against former President Donald Trump for the 2024 nomination.
Indiana, other states readying privacy bills as Washington stalls
Lawmakers in at least nine states, including Indiana, have introduced so-called comprehensive privacy bills, which broadly seek to set limits around what consumer data companies can collect and how they use it.
Justice Department investigating Abbott baby formula plant
The factory’s closure in February 2022 was a key cause of a nationwide baby formula shortage that forced parents to seek formula from food banks, friends and doctor’s offices.
Treasury Secretary Yellen says debt standoff risks ‘calamity’
The Biden administration and Republican lawmakers have been at loggerheads over how to increase the government’s legal borrowing capacity.
IPS offers more referendum funding for Innovation charters amid pressure
A revised revenue-sharing plan from Indianapolis Public Schools to increase the amount of funding affiliated charter schools would receive from a potential tax hike is still inadequate, charter-friendly groups say.
First small modular nuclear reactor certified for use in U.S.
The U.S. Nuclear Regulatory Commission has certified the design for what will be the United States’ first small modular nuclear reactor. The rule that certifies the design was published Thursday in the Federal Register. It means that companies seeking to build and operate a nuclear power plant can pick the design for a 50-megawatt, advanced […]
Top Biden aide and Indy native Klain expected to leave White House
Ron Klain’s departure also comes as the White House struggles to contain the fallout after classified documents dating from President Biden’s time as vice president were discovered at his home in Wilmington, Delaware, and at his former institute in Washington.
Report: Massive EV battery plant in Indiana on hold
The Wall Street Journal first reported Friday that General Motors Co. and Korea-based LG Energy Solution failed to come to an agreement on building a fourth plant through their Ultium Cells joint venture.
Cecil Bohanon and John Horowitz: The Fed needs to stay the course to fight inflation
Staying the course is similar to patients continuing their treatment and taking their medications.
Gold and black brings in plenty of green
Altogether, not-for-profit institutions in Indiana landed 54 gifts of $1 million or more in 2022, for a total of $241 million, or nearly 8% higher than a year ago. Purdue University received five of the top 10 donations.
Samatha Julka: As leaders, we must be aware of unintended impact
My colleagues’ intention was to help, but the impact was hurt feelings.
Memory Bank: King visits Indianapolis
On Dec. 12, 1958, Martin Luther King Jr. visited Indianapolis. He was greeted at the airport by his friend, the Rev. Andrew J. Brown, and a man identified on the image as Inspector Snidth. King was visiting the city to speak at one of the Senate Avenue YMCA’s Monster Meetings at the Cadle Tabernacle church. […]
Architects push for restoration of historic preservation tax credit
The effort is meant to create more incentive for developers to rehab vacant, deteriorating institutional structures in communities throughout the state.
City eyes updates to Union Station overpasses
City officials plan to pour at least $10 million into structural and aesthetic improvements to five CSX railroad overpasses and the sidewalks and roads that run beneath them on the south side of downtown.
Jalene Hahn: Keep savings going from Dry January to Frugal February
Regardless of your participation or success with “Dry January,” “Frugal February” is a chance to focus on your financial health.
Mark Montieth: Coaches of the past were a different breed
Some people will tell you today’s players are softer, less respectful of authority, hold themselves less accountable and are as likely to quit as fight through adversity.
Old National Bank sues over failed software
The Evansville-based bank is suing financial technology firm Backbase over what it calls Backbase’s “unmitigated failure” to fulfill $18 million in software contracts for a Chicago bank Old National acquired.