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Ayers wins caucus to represent Carmel City Council’s Central District

January 10, 2023 | Daniel Bradley

Teresa Ayers will serve the remainder of former council member Bruce Kimball’s term through the end of 2023. Kimball died Dec. 30, which triggered Tuesday’s caucus.

Companies skirt overtime pay with dubious management titles

January 10, 2023 | Bloomberg News

The practice, often deployed by retail and restaurant companies, takes advantage of the Fair Labor Standards Act, which exempts firms from paying overtime wages if the employee is a manager and gets paid a salary above a certain threshold.

Soaring U.S. egg prices put pressure on consumers, businesses

January 10, 2023 | Associated Press

A lingering bird flu outbreak, combined with soaring feed, fuel and labor costs, has led to U.S. egg prices more than doubling over the past year.

Holcomb speech delivers familiar call to attract more high-wage employers

January 10, 2023 | Peter Blanchard

Gov. Eric Holcomb stressed in his State of the State address that further investments are needed in K-12 schools and higher education, workforce training and public health if Indiana expects to meet the talent demands of high-wage employers.

Ballard says he’ll be patient in finding right coach for Colts

January 10, 2023 | Associated Press

Two days after the Colts completed a 4-12-1 season, General Manager Chris Ballard told reporters he would not rush to hire a new coach and could wait until after the Super Bowl if it meant getting the right candidate.

Lilly Endowment announces $80M in grants to Indy Parks

January 10, 2023 | Taylor Wooten

Forty-two Indianapolis parks will receive improvements due to historic grant funding from the Indianapolis-based Lilly Endowment Inc.

Traders Point Christian Church purchases property for new Fishers campus

January 10, 2023 | Daniel Bradley

The Promise United Methodist Church stopped holding services in November 2021. The building, which includes a 21,000-square-foot theater, was most recently used as a preschool until the summer of 2022.

Plainfield hires new economic development director

January 10, 2023 | Mary Roberts, Inside INdiana Business

Alyssa Woolard previously served as associate director of economic and redevelopment for the city of Madison, Indiana.

Feds propose ‘student loan safety net’ alongside forgiveness

January 10, 2023 | Associated Press

President Joe Biden is moving forward with the repayment plan even as his one-time debt cancellation faces an uncertain fate before the Supreme Court.

Small businesses to tackle long list of challenges in 2023

January 10, 2023 | Associated Press

A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle.

Developer reveals details for downtown mixed-use project south of revamped Stutz campus

January 10, 2023 | Mason King

New York City-based SomeraRoad Inc. has submitted plans to city officials for Stutz South, a five-story complex with 270 apartments that would occupy most of the block between West Ninth and 10th streets and Capitol Avenue and Roanoke Street.

Indiana Senate Republicans prioritize health care, biz tax cuts

January 10, 2023 | Casey Smith, Indiana Capital Chronicle

The caucus’ main initiatives are laid out in eight senate bills, although some priorities are intended to be folded into the two-year state budget that lawmakers must finalize before the end of the session in April. 

Traffic congestion grows nationwide as workers return to office

January 10, 2023 | The Washington Post

Drivers in many U.S. cities—including Indianapolis—were stuck in traffic far longer in 2022 than the year before, with time savings tied to the pandemic dissipating in commutes.

Mug-n-Bun owner seeks buyer for iconic Speedway drive-in

January 10, 2023 | Dave Lindquist

Known for curbside service, breaded tenderloin sandwiches, hand-dipped onion rings and made-on-site root beer, Mug-n-Bun traces its roots in Speedway to the 1950s.

Mug-n-Bun

2023 Power Breakfast Series Technology – Premium Corporate Table of 10

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Poor results send Colts into another offseason of uncertainty

January 10, 2023 | Associated Press

One day after finishing a dismal 4-12-1 season with another last-minute collapse, the Colts began trying to determine what went wrong, what must change and who returns.

House GOP kicks off majority with vote to slash IRS funding

January 10, 2023 | Associated Press

House Republicans have passed a bill that would rescind nearly $71 billion that Congress had provided the IRS.

New IEDC hire to focus on West Coast

January 9, 2023 | Alex Brown, Inside INdiana Business

The Indiana Economic Development Corp. said it hired Jillian Ochs to the new position of West Coast business expansion specialist with the goal of attracting high-tech investment from businesses and entrepreneurs in California.

Chiang: Indianapolis to play key role in Purdue’s future as tech leader

January 9, 2023 | Alex Brown, Inside INdiana Business

The new president of Purdue University said Indianapolis serve as one “bookend” for a “63-mile-long hard tech corridor” stretching “all the way to Tippecanoe County.”

Citing buildup of ‘tough days,’ Wildwood Market to close

January 9, 2023 | Dave Lindquist

Fountain Square business Wildwood Market will begin liquidation on Jan. 23 with an expected closing date in early February.

Wildwood Market
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