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Biden officials visit Purdue as part of national push to bolster semiconductor production

September 14, 2022 | Casey Smith, Indiana Capital Chronicle

Officials discussed their push to see Indiana ramp up its role at designing and manufacturing of semiconductor chips that are used to power the nation’s smartphones, cars, computers, medical equipment, military weapons and other technology.

Palou, Rosenqvist to remain with IndyCar teams next season

September 14, 2022 | Associated Press

Driver Alex Palou will remain with Chip Ganassi Racing next season and Felix Rosenqvist will keep his seat with McLaren, the drivers announced Wednesday.

Jim Beam plans $400M expansion to ramp up bourbon production

September 14, 2022 | Associated Press

The expansion will be used to produce two mainstays — Jim Beam white and black label bourbons — and will mostly support expected sales growth overseas.

U.S. wholesale inflation declined last month to still-high 8.7%

September 14, 2022 | Associated Press

The cost of services—which are increasingly driving consumer inflation—rose 0.4% in August, driven by higher prices for public transportation, car rentals and some financial services.

Pet food maker begins construction on $260M plant in Rushville

September 14, 2022 | Alex Brown, Inside INdiana Business

The new facility will be Diamond Pet Foods’ first in Indiana and represents one of the largest private investments in Rushville’s history, according to the Rush County Economic Development Corp.

Italian manufacturer expands plan for Fishers by $367M, 265 workers

September 14, 2022 | IBJ Staff

City officials said Stevanato Group wants to increase its total investment in its Fishers plant to $512 million and its hiring plan to 515 employees. The facility is under construction near 126th Street and Cumberland Road.

New 8,500-seat arena for Indy Fuel part of $650M Fishers District expansion plan

September 14, 2022 | Daniel Bradley

Fishers officials on Wednesday announced a $650 million expansion plan for Fishers District that includes the arena, a new event center, residential and lodging developments, and entertainment and dining options.

IPS proposal calls for district-wide schools shakeup

September 14, 2022 | Amelia Pak-Harvey, Chalkbeat Indiana

Seven schools will close or merge and 39 others will change the grades they serve in a reconfiguration of Indianapolis Public Schools unveiled during the superintendent’s annual State of the District address on Tuesday night.

broad ripple high school

Businesses, White House plan for possible rail strike Friday

September 14, 2022 | Associated Press

Railroads have already started to curtail shipments of hazardous materials and refrigerated products ahead of Friday’s strike deadline.

Starbucks to revamp stores to speed service, boost morale

September 13, 2022 | Associated Press

The company also said it plans to open 2,000 net new stores in the U.S. by 2025, with an emphasis on meeting the growing demand for new types of service, including drive-thru, mobile ordering and delivery.

Myla Eldridge elected Marion County Democratic Party chair

September 13, 2022 | Taylor Wooten

Eldridge, vice chair of the Indiana Democratic Party, is now the first Black chair of the Marion County Democratic Party after a landslide victory against three other candidates.

Wall Street has worst day in more than 2 years on inflation data

September 13, 2022 | Associated Press

The hotter-than-expected inflation reading has traders bracing for the Federal Reserve to ultimately raise interest rates even higher than expected to combat inflation, with all the risks for the economy that entails.

Eldridge, three others vying for Marion County Democratic chair

September 13, 2022 | Taylor Wooten

Marion County Clerk Myla Eldridge will be running against Ashley Greene-Hogue, Karla Nowlin and Rosemary Turentine during Tuesday evening’s caucus for the new Marion County Democratic Party chair.

On Site

Jim Brainard says he won’t seek eighth term as Carmel mayor

September 13, 2022 | Daniel Bradley

Brainard, who has overseen the Carmel’s transition from a traditional suburb to a destination city with a new downtown and more roundabouts than any other U.S. community, announced Tuesday that he will not seek re-election in 2023.

xbrainard-jump-010416x-2col.jpg

Twitter whistleblower cites security flaws before Congress

September 13, 2022 | Associated Press

The former security chief at Twitter told Congress that the social media platform is plagued by weak cyber defenses that make it vulnerable to exploitation by “teenagers, thieves and spies” and put the privacy of its users at risk.

More dual-credit options expected to boost state’s sinking college-going rate

September 13, 2022 | Casey Smith, Indiana Capital Chronicle

More Hoosier high schoolers than ever before have the option to earn college-level credit while still in secondary school—an opportunity Indiana education officials say could increase the number of students who pursue some form of higher education.

Existing home sales continue to cool as interest rates climb

September 13, 2022 | IBJ Staff

Closed sales in the 16-county central Indiana area drooped from 3,883 in August 2021 to 3,461 last month—a year-over-year decrease of 10.9%, according to the latest data from the MIBOR Realtor Association.

North High Brewing Co. opening taproom in Circle Centre Mall

September 13, 2022 | Dave Lindquist

The Ohio-based brewer plans to begin serving pizza and craft beer Thursday in part of the former Granite City Food & Brewery location in the downtown mall.

North High

U.S. inflation slows for second month but remains stubbornly high

September 13, 2022 | Associated Press

Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.

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