Yellen: Recession not inevitable, gas tax holiday weighed
Treasury Secretary Janet Yellen is offering a dose of optimism even as economists grow increasingly worried about a recession fueled by skyrocketing inflation.
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Inflation taking bite out of new infrastructure projects
Rising prices for materials such as asphalt, steel and iron pipes are driving up the costs to build roads, bridges, rail lines and water mains. The prices for some infrastructure materials have risen even faster than general consumer prices.
Buttigieg: U.S. might act against airlines on consumers’ behalf
Transportation Secretary Pete Buttigieg said his department could take enforcement action against airlines that fail to meet consumer-protection standards, although he thinks that won’t be necessary.
State health department announces first probable case of monkeypox in Indiana
The patient’s test at the Indiana Department of Health Laboratories on Saturday was positive and a confirmatory test is pending at the Centers for Disease Control and Prevention, state health officials said.
Challenger defeats Holcomb appointee to secure GOP nomination for secretary of state
Diego Morales defeated Gov. Eric Holcomb’s appointed Secretary of State Holli Sullivan and two other challengers at Saturday’s Indiana Republican Party State Convention.
Urban One reveals in filing what it will pay to acquire Emmis stations
On Monday, Indianapolis-based Emmis announced an agreement to sell the radio stations in its home market to Maryland-based Urban One. At that time, the companies had not disclosed the sale price.
‘Babyface’ Edmonds comes home for Walker Theatre’s 95th anniversary
This weekend’s “welcome back” events at the Walker include Friday’s Babyface show, block parties on Saturday and Sunday, and celebrating the completion of $15 million in renovations.
Indiana to get $2.9M in settlement over ‘free’ TurboTax ads
Indiana’s share is part of a $141 million settlement across 50 states and the District of Columbia. Approximately 4 million people across the United States were affected, including more than 98,000 Indiana residents.
Lilly faces lawsuit over alleged excessive retirement-plan fees
The drugmaker is one of hundreds of U.S. companies being sued in the recent trend in litigation: excessive fees on 401(k) retirement plans.
State tourism agency plans to ask for huge funding boost
Tourism officials are introducing a campaign they hope will set the stage for a significant funding increase from the General Assembly next year.
Charlotte Westerhaus-Renfrow: Ensure that constructive feedback is truly constructive
Critical feedback activates brain circuitry wired for anxiety.
1959: Marsh opens
On June 17, 1959, a Marsh supermarket opened in the North Lawrence Shopping Center on Franklin Road. The event coincided with another Marsh opening at East 62nd Street and Allisonville Road. Wilber Marsh opened the first Marsh grocery store in 1922 in North Salem. The first Marsh supermarket in Indianapolis opened in 1957 at East […]
Westfield prepares to break ground on Grand Millennium Center
A 64-acre site is expected to become a prime live-work-play spot in the rapidly growing city’s downtown once the development is built out.
State takes steps to build on success of Indy Autonomous Challenge
The IEDC has contributed $3.4 million toward creating the Indy Innovation Challenge, to encompass both the Indy Autonomous Challenge and potential future competitions focused on performance automation technology.
Mickey Kim: Bursting speculative bubbles leaves financial destruction path
The narrative of abundant, ultra-cheap credit was a tide that lifted asset classes of all types.
Cecil Bohanon & Nick Curott: WIC contracts led to huge market shares of formula
Few public policies are as broadly popular as the proposition that infants should have access to baby formula.
Do it Best CEO says Electric Works ‘will change the face of Fort Wayne’
Late this year, the company—founded in 1945—will move into a new, 200,000-square-foot headquarters as the anchor tenant of Electric Works, a massive redevelopment of a 39-acre historic campus in the core of Fort Wayne that housed General Electric Co. until it closed in 2014.
Q&A with Cathy Langham about growing cold-storage demand
Indianapolis-based Langham Logistics is set to open a 150,000-square-foot warehouse in Whitestown to serve pharmaceutical and biotech companies—and their suppliers—who need cold storage, meaning anything from chilled space to ultra-low-temperature freezers.
Mark Montieth: That sixth pick can be the sweet spot
Yes, the Pacers could come out of the draft with a meaningful player. Standing sixth in line for the draft presents their best opportunity to get one since 1988, when they took Rik Smits with the second overall pick.
Eric Holcomb & Gretchen Whitmer: Congress needs to pass innovation legislation soon
| Eric Holcomb and Gretchen Whitmer
With passage of the innovation bill, the Midwest is ready to jump into action to grow the semiconductor industry and build the innovation and technology economy of the future.•