Ed DeLaney: Poverty and chastity: A guide to the special session
Women need no longer decide for themselves and their families. The supermajority has taken on that responsibility.
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Fed board member opens door to 1-point hike if demand rises
Such an increase would mark a further ramping up of the Fed’s rate hikes as it intensifies its fight against accelerating inflation. The Fed hasn’t raised its rate by 1 percentage point in several decades.
Deal-making down as inflation, rate hikes spur caution
Companies hit the brakes on deal-making during the first half of 2022 as concerns over pervasive inflation, interest rate hikes and the threat of a recession loomed over Wall Street.
25M children missed routine vaccinations because of COVID
Experts said this “historic backsliding” in vaccination coverage was especially disturbing since it was occurring as rates of severe malnutrition were rising.
Pacers miss out on Ayton after Suns match $133M offer sheet
The Phoenix Suns’ decision is a blow to the Pacers, who were hoping to add Deandre Ayton as a pivotal piece in a promising young core that includes 22-year-old point guard Tyrese Haliburton, who was acquired in a February trade with Sacramento.
EnerDel acquired by longtime board member’s company
EnerDel, founded in 2004, is a designer and manufacturer of lithium-ion energy storage products and battery systems for heavy-duty transportation, on- and off-grid electrical storage, mass transit and task-oriented applications.
Doctor’s lawyer defends steps in 10-year-old girl’s abortion
Dr. Caitlin Bernard’s attorney said the physician “took every appropriate and proper action in accordance with the law and both her medical and ethical training as a physician.”
Cummins’ new CEO says climate change presents ‘growth opportunity’
Jennifer Rumsey, who was named the first woman CEO in Cummins’ 103-year history, said addressing climate change remains a key priority for the company.
Counting Crows shows are a dream realized for High Alpha partner
Eric Tobias has attended more than 150 Counting Crows shows. This weekend, he will see the band from a venue owner’s perspective.
Amazon Prime Day pushed web sales up 8.5%, to $11.9 billion
Amazon sold more than 300 million items over two days, more than any previous Prime Day, the company said Thursday. Best-selling items included diapers, beauty products and Apple watches, according to Amazon.
Airport moving ahead on $76M parking garage expansion
About 1,000 of the spaces in the new facility at Indianapolis International Airport will be used by car rental companies while the remainder will be designated for daily or hourly parking.
Wholesale inflation in June surged 11.3% from a year ago
Last month’s jump in wholesale inflation was led by energy prices, which soared 54% from a year earlier.
Paige’s Music planning to move HQ from Indianapolis to Fishers
A 151-year-old business that helps Indiana’s music students improve their craft is on the move to Fishers after spending the past 33 years headquartered in Indianapolis.
Tom Linebarger to step down as Cummins CEO, remain chairman
Linebarger will be replaced by Cummins President and Chief Operating Officer Jennifer Rumsey, who has been with Cummins for 22 years, including the last 16 months as COO.
Analysis: Recession risks rise as Fed faces daunting task
The latest inflation reading was supposed to offer hope that the U.S. economy had weathered the worst of the storm. But there was nothing reassuring in Wednesday’s report.
Summer travel is boosting airlines’ bottom lines as ticket prices rise
Strong demand for travel is giving U.S. airlines a financial boost as the industry battles through reduced flight schedules, higher fuel and labor costs, and concerns about the effects inflation could have on consumer spending, airlines officials said this week.
Panasonic picks Kansas for $4B, 4,000-employee battery mega-factory
The company and Gov. Laura Kelly announced the new project Wednesday, just hours after Kelly and eight top leaders of the Kansas Legislature signed off on a package of incentives worth $829 million over 10 years.
U.S. regulators approve new COVID-19 vaccine option
Novavax makes a more traditional type of shot than the three other COVID-19 vaccines available for use in the U.S.—and one that’s already available in Europe and multiple other countries.
Hope for depositors dwindles as crypto lender Celsius files for bankruptcy
For several years, Celsius was a crypto golden child under co-founder Alex Mashinsky, offering more than 20 percent yields under what he and other executives said was a disruptive plan that avoided the fees and greed of traditional banks.
More than $2.5M awarded to Indiana legal aid providers
Legal aid providers around the state that offer civil legal assistance to low-income Hoosiers have received a financial boost totaling more than $2.5 million from the Indiana Bar Foundation.