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Inflation starts to drag on consumers powering U.S. economy

October 25, 2022 | Bloomberg News

Most economists expect Americans to keep spending at a relatively lackluster pace through the end of the year. Overall uncertainty about consumer spending is weighing on a range of companies.

Record number of Americans have bank accounts, government says

October 25, 2022 | Associated Press

A new report from the Federal Deposit Insurance Corp. issued Tuesday found that 4.5% of Americans—representing about 5.9 million households—were without a bank account in 2021.

AES Indiana seeks to convert coal-fired units at Petersburg plant to natural gas

October 25, 2022 | John Russell

For years, environmentalists and public officials have urged AES Indiana to stop burning coal at its largest and dirtiest power plant. Now, it appears that the Indianapolis-based utility is getting ready to do just that.

rop-ipl-plant-jump-062716-2col.jpg

Renters face charging dilemma as U.S. cities move toward EVs

October 25, 2022 | Associated Press

EVs are soaring in popularity amid tax incentives and high gas prices, but how and where to charge up remains a dilemma that’s a barrier for most renters.

Indiana lawmakers approve recommendations for new education policy

October 25, 2022 | Casey Smith, Indiana Capital Chronicle

The bipartisan interim education committee approved its report unanimously after hearing testimony last week from education advocates, school officials and business leaders.

Indiana campaign filings reveal party, caucus priorities

October 25, 2022 | Whitney Downard, Indiana Capital Chronicle

The latest campaign filings filtered in last week, showing which races and candidates are having the most fundraising success as well as which state senators and representatives are struggling to attract voters.

Ground broken on $50M McCordsville district

October 25, 2022 | Alex Brown, Inside INdiana Business

The overall, $50 million master development is receiving $8.5 million in public funding, including $3.5 million from the Indiana Regional Economic Acceleration and Development Initiative, or READI.

Radial looking to fill seasonal positions in Brownsburg

October 25, 2022 | Alex Brown, Inside INdiana Business

Radial, which fills online orders for dozens of retail brands, opened its 700,000-square-foot Brownsburg distribution facility in 2019.

Developers planning four-story office project on Mass Ave

October 25, 2022 | Mickey Shuey

The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses. 

Lebanon City Council approves water plan for Lilly project

October 25, 2022 | Daniel Bradley

The Lebanon City Council on Monday night approved an agreement that would reserve water and wastewater for a $2.1 billion Eli Lilly and Co. development in Boone County.

Eli Lilly headquarters

Schools got $122B to reopen last year. Most has not been used.

October 24, 2022 | The Washington Post

School systems throughout the country reported using less than 15 percent of the latest round of federal education funding allotted during the last school year. Meanwhile, education advocates worry students continue to fall behind academically.

Drizly agrees to tighten data security after alleged breach

October 24, 2022 | Associated Press

Alcohol delivery app Drizly has agreed to tighten its data security and limit data collection to resolve federal regulators’ allegations that its security failures exposed the personal information of some 2.5 million customers.

Health & Hospital Corp. sued over possible Open Door violation

October 24, 2022 | Marilyn Odendahl / The Indiana Lawyer

The civil suit is asking the trial court to declare HHC violated Indiana’s Open Door Law by petitioning the Supreme Court without the board’s approval at a public meeting and to impose a civil penalty against the board members.

Community Health posts net loss of $252M on investments, high nursing costs

October 24, 2022 | John Russell

Net patient revenue for the first nine months of the year increased an undisclosed amount, driven by an increase in volumes in many areas. Patient days climbed 5% and admissions rose 5.7% during the period.

Judge tosses suit claiming illegal acts by Indiana treasurer

October 24, 2022 | Associated Press

Marion County Judge John Chavis ruled that the state treasurer, as a separately elected statewide official, wasn’t required to submit contracts for approval from other state agencies.

Meghan Markle to appear at Indianapolis Marriott Downtown event

October 24, 2022 | Dave Lindquist

The Women’s Fund of Central Indiana, which brought Michelle Obama to Gainbridge Fieldhouse in 2018, plans to host “The Power of Women: An Evening with Meghan, The Duchess of Sussex” next month.

Meghan Markle

TechPoint partnership focuses on developing Black tech talent across state

October 24, 2022 | Mary Roberts, Inside INdiana Business

The not-for-profits TechPoint and InnoPower plan to host three-phased sessions, designed to learn what obstacles exist, develop ideas to overcome the obstacles and then implement the ideas.

Indiana GOP leaders discuss increased funding for mental health

October 24, 2022 | Whitney Downard, Indiana Capital Chronicle

Republican leaders seemed optimistic they could secure funding for mental health during the 2023 budget-writing session, despite the numerous priorities warring for monies from the state’s healthy surplus.

Indiana communities wait uneasily as lawmakers eye food and drink tax change

October 24, 2022 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Thirty-three Indiana communities have a food and beverage tax: a 1% sales duty levied on businesses that sell or help sell food and drink. In some localities, both the municipality and county have one, stacking up to 2%.

Indiana Statehouse

Women of Influence 2022

Introducing the class of 2022 IBJ’s Women of Influence program recognizes women who have risen to the highest levels of business, the arts, and community and public service in central Indiana. This year’s list includes small- and large-company executives, elected officials, attorneys and two university presidents. Julie M.Armstrong Executive Director Indianapolis Bar Association and Foundation […]

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IndyCar plans ambitious race in D.C. for America’s birthday

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