Task force recommends crackdown on bad landlords, more funding to ease housing woes
An interim study committee examining solutions to Indiana’s housing crisis on Thursday approved a lengthy list of recommendations for future legislation.
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Central Indiana existing home sales continue downward slide
In Marion County—the most active market in central Indiana—closed sales of existing homes in September were down 16.1% on a year-over-year basis.
Can Democrats put dent in Indiana GOP’s legislative supermajority?
In order to break the Republican supermajority in both chambers, Democrats would need to gain five House districts and six Senate seats in the Nov. 8 election.
Key U.S. inflation gauge stayed at high 6.2% in September
A measure of inflation that is closely monitored by the Federal Reserve remained painfully high last month, the latest sign that prices for most goods and services in the United States are still rising steadily.
Indianapolis-based ed-tech firm Willo acquired by textbook retailer Follett
Follett, an educational services company with about 6,000 employees nationwide, said it plans to keep Willo’s employees, local Indianapolis presence and brand name. Plans also call for expanding Willo’s 15-person staff.
Meijer plans to build smaller-format grocery store on west side of Noblesville
The retail giant plans to build a grocery store and gas station near the northeast corner of the intersection of State Road 32 and Little Chicago Road.
Jim Irsay on mission to spread mental health awareness
The Indianapolis Colts owner, who has publicly battled alcoholism and addiction, has made it a personal mission to help people by breaking down barriers surrounding mental health.
Top Twitter executives fired as Elon Musk takeover begins
Musk became Twitter’s owner late Thursday as his $44 billion deal to take over the company closed, marking a new era for one of the world’s most influential social media platforms.
Biden signs international climate deal to limit refrigerants
More than 130 nations, including China, India and Russia, have formally ratified the agreement, which compels countries to limit the use of hydrofluorocarbons.
Amazon stock tumbles on weaker-than-expected 3Q revenue
The Seattle-based e-commerce behemoth’s weak forecast for the fourth quarter indicates that it expects things to get tougher.
IPS superintendent seeks tax increase to fund school reorganization plan
The tax referendum—which would be on the May 2023 ballot—would increase the median homeowner’s bill by $6 per month, IPS officials said.
Indianapolis low-income housing agency hit by ransomware
Executive Director Marcia Lewis said an investigation by information technology security experts, law enforcement, and the agency’s IT service providers is underway, and the attack was still ongoing as of Wednesday.
Commission recommends new funding model for higher education
The proposed funding model comes from the Commission for Higher Education, which the General Assembly tasked with researching a new formula to cover costs at Indiana’s state colleges and universities.
Musk doesn’t seek ‘free-for-all hellscape’ for Twitter
Elon Musk is telling Twitter advertisers he is buying the platform to “help humanity.” The message posted Thursday on Twitter came a day before Musk’s deadline for closing his $44 billion deal to buy the social-media company and take it private.
Dance Kaleidoscope’s David Hochoy to retire after 32 years in role
Hochoy, Dance Kaleidoscope’s artistic director since 1991, helped the company establish its studios at Circle City Industrial Complex.
Average mortgage rates top 7% for the first time in 2 decades
Many potential homebuyers have moved to the sidelines as mortgage rates have more than doubled this year. Sales of existing homes have declined for eight straight months.
Developer plans 94 homes on East 196th Street near Morse Reservoir
The Retreat at Morse development is expected to include attached single-family villas that would be built by Beazer Homes and cost an average of $400,000.
Lilly commits $92.5M to Purdue for drug research, scholarships
In a significant expansion of their longstanding collaboration, the partners hope to develop new models for delivering therapies to patients and provide full tuition to between 75 and 100 students each year for 10 years.
