Frost Brown Todd adds California firm to its fold
The combined firm will have more than 575 attorneys in 17 offices across nine states and Washington, D.C.
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UPDATE: Walmart offers to pay $3.1B to settle opioid lawsuits
Indiana Attorney General Todd Rokita announced that Indiana’s tentative share of the prospective settlement is about $53 million.
Lamar Odom becomes co-owner of Indianapolis CBD company
Former Los Angeles Lakers forward Lamar Odom has his name and likeness attached to seven Higher Life products, including a “sports tincture.”
Indiana hospital prices named fourth-most transparent
Only Connecticut, Rhode Island and Vermont had higher scores, according to the report from startup Turquoise Health.
Share of women in Indiana legislative chambers hits record high
The percentage of women in the Indiana General Assembly, 26.7%, is comparable to the nationwide rate in Congress, which hit its own record last year.
Google reaches record $392M privacy settlement over location data
The investigation centered allegations of misleading and deceptive tactics regarding users’ location data.
Analysis: Jeff Saturday’s hiring ripples across stunned NFL
Cutting to the head of the NFL coaching line without any college or pro coaching experience put Jeff Saturday in the crosshairs of criticism and dismay across the league.
Industrial, home developers plan joint project by southwest-side neighborhood
Nearby residents object to the project, which would include 817,000 square feet of speculative industrial space across 56.7 acres and a residential section with 133 single-family homes and another 52 homes in a paired-patio design.
Fed seen sticking with higher peak rate despite cooler inflation
Economists largely stuck to their forecasts that the Federal Reserve will raise interest rates to 5% by March and hold them there for most of 2023, even after inflation slowed last month by more than forecast.
New Pence book details split with Trump: ‘Did not end well’
The book comes as former Vice President Mike Pence appears increasingly likely to run for president in 2024. That would put him in direct conflict with former President Donald Trump, who’s expected to formally launch his reelection campaign Tuesday.
Measure of U.S. wholesale inflation eases to 8%
The annual figure is down from 8.4% in September. On a monthly basis, the government said Tuesday that its producer price index, which measures costs before they reach consumers, rose 0.2% in October from September.
Amazon plans new virtual care offering based on messaging
The retail giant said Tuesday it will launch “Amazon Clinic” in 32 states—but not Indiana—to provide medication refills and care for conditions like allergies, erectile disfunction, hair loss, migraines and urinary tract infections.
Carmel City Councilor Sue Finkam announces bid for mayor
The move sets up a primary battle with Carmel City Council President Kevin “Woody” Rider, who said in September that he would run to lead Indiana’s fifth-largest city.
Developer plans 61 homes near 136th and Cyntheanne in Fishers
The proposed Cyntheanne Woods subdivision would be developed on about 41 acres at the southeast corner of East 136th Street and Cyntheanne Road.
Council committee OKs $15.5 in TIF bonds for Cole Motor Redevelopment
The Cole Motor Redevelopment, which includes the former Jail II building and Arrestee Processing Center, is one step closer to receiving tax-increment financing.
Fed’s top financial regulator urges ‘guardrails’ for crypto
Michael Barr, the Fed’s vice chair for supervision, said Congress should pass legislation that would impose regulation on crypto currencies in the wake of the swift collapse last week of FTX, a leading crypto exchange.
Frontier, 5 other airlines to refund more than $600 million
The largest U.S. airlines, which accounted for the bulk of complaints about refunds, avoided fines, and an official said no other U.S. carriers are being investigated for potential fines.
Battle over the iPhone app store spills into appeals court
The high-stakes battle involve a setup that generates an estimated $15 billion to $20 billion for Apple every year, which has helped lift its market value to nearly $2.4 trillion.
Appeals court grants injunction against Biden’s student loan forgiveness
The future of President Biden’s student loan forgiveness program remains in doubt after a federal appeals court issued an injunction preventing the government from discharging any debt while it considers a lawsuit to end the policy.
Point Biopharma finds big licensing partner, but stock falls after Q3 loss widens
It was supposed to be a “good-news” day for Indianapolis-based biotech Point Biopharma Global Inc. Instead, the company saw its stock get battered Monday, losing as much as 38% of its value, after it released a pair of announcements.