Indiana to receive $219M from CVS, Walgreens in opioid settlements
CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids.
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Sen. Mike Braun kicks off gubernatorial bid at downtown steakhouse
Surrounded by 70 of his friends, family members, donors and supporters, Indiana Sen. Mike Braun kicked off his 2024 gubernatorial bid on Monday at Prime 47 steakhouse in downtown Indianapolis.
Hoosiers urged to get flu vaccine amid surge in cases
Indiana Hospital Association President Brian Tabor said Indiana’s hospitals are experiencing significant patient caseloads due to the many respiratory illnesses now circulating, including the flu, COVID-19 and respiratory syncytial virus, or RSV.
OrthoIndy expands Lafayette presence, plans new clinic and surgery center
OrthoIndy will nearly triple the size of its Lafayette presence with the addition of seven orthopedic surgeons in April and expects to announce plans for a new clinic and surgery center in Tippecanoe County in 2024.
Diminished U.S. workforce could lead Fed to keep interest rates high
In a recent speech, Federal Reserve Chair Jerome Powell pointed to the shortfall of workers and the resulting rise in average pay as the primary remaining driver of the price spikes that continue to grip the economy.
Democrat Miles Nelson announces run for Carmel mayor
Nelson, a 19-year Carmel resident, is the first Democrat to enter the race to succeed seven-term Republican Mayor Jim Brainard.
Central Indiana existing home sales continue to slide
Sales have now fallen on a year-over-year basis for the past 10 months and have seen double-digit percentage decreases for five straight months.
UPDATE: Lt. Gov. Suzanne Crouch launches bid for governor
Crouch will be seeking the Republican nomination to succeed Indiana Gov. Eric Holcomb, who is barred by law from seeking a third consecutive term.
IBJ Podcast: Pete the Planner on making the best of a terrible year for investments
The personal finance columnist explains what he calls the “power percentage” and also ventures to make a few optimistic predictions for 2023.
Workers have high hopes for pay hikes next year—perhaps too high
While the labor market remains tight, evidenced by last month’s better-than-expected increases in both jobs and wages, employers are gaining back some leverage just in time for the tough conversations between bosses and employees to begin.
Shoppers, workers clash over post-pandemic expectations
Many retail workers are fed up and don’t want to go back to their pre-pandemic work environments. They are demanding better schedules, and sometimes even quitting their jobs altogether.
Indianapolis-based Kennected hit with cease-and-desist letter from LinkedIn
Kennected is a software company that allows users to automate their outreach to potential customers via LinkedIn. LinkedIn says this activity amounts to data scraping, which is a violation of LinkedIn’s user agreement.
Indiana State University receives record donation
Indiana State University on Friday announced the largest individual donation in the school’s 157-year history after the board of trustees approved the naming of the Bailey College of Engineering and Technology on the Terre Haute campus.
IndyPL CEO candidate Gabriel Morley declines job offer amid uproar
Morley declined the CEO job following pushback from community members who favored interim CEO Nichelle Hayes in that role.
Funding for education, public health expected to dominate 2023 Legislature
Also looking for state support are initiatives related to workforce training, road funding, energy standards and affordable housing.
Pete the Planner: So you’ve been laid off. Here are your first steps.
Income, expenses and benefits are the issues that create the headaches. And they have this supernatural way of amalgamating themselves into this seemingly insurmountable problem, which oddly can be solved only if you’re able to separate them back into individual challenges.
Simon turns to Chicago partner to bring online stores to malls
The Indianapolis-based shopping mall giant is getting a leg up on the emerging trend of online-only retailers moving into brick-and-mortar stores, a strategy analysts say could net the company a big payoff as it looks to develop new tenants.
For startup, helping people connect on LinkedIn is big business
Kennected, which expects to book $10 million in revenue this year, has about 140 employees in the United States and India. As of mid-November, the company was bringing in just over $600,000 in monthly revenue, a figure that’s growing 10% each month.
