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Developers propose new golf club community, affordable townhouses in Noblesville

June 16, 2022 | Daniel Bradley

The Noblesville City Council heard proposals this week for two separate residential real estate developments that would create nearly 130 new residences in the city, including more 75 high-end homes near a golf course and 50 affordable-housing options.

Production at beleaguered baby formula factory halted by storm

June 16, 2022 | Associated Press

Abbott said it needs to assess damage and re-sanitize the factory after severe thunderstorms and heavy rains swept through southwestern Michigan on Monday evening.

Fed’s aggressive rate hikes raise likelihood of recession

June 16, 2022 | Associated Press

Economic history suggests that aggressive, growth-killing rate hikes could be necessary to finally control inflation. And typically, that is a prescription for a recession.

Havertys store to occupy part of a former Castleton-area Marsh

June 16, 2022 | Dave Lindquist

Havertys Furniture plans to exit its building at Castleton Commons, which it has occupied since 2005, and move less than a mile away to a site with more visibility.

Havertys Castleton

Ivy Tech spent years trying to improve rock bottom graduation rates—and it’s working

June 15, 2022 | Dylan Peers McCoy, WFYI

Over the last decade, Ivy Tech Community College, which serves about 74,000 students across the state, has made steady gains in completion rates.

Here’s how Fed’s rate increase could affect personal finances

June 15, 2022 | Associated Press

The result of the rate hikes is increasingly higher borrowing costs as the Fed fights the most painfully high inflation in four decades and ends a decades-long era of historically low rates.

FDA advisers endorse first COVID-19 shots for children under 5

June 15, 2022 | Associated Press

An advisory panel for the Food and Drug Administration gave a thumbs-up Wednesday to vaccines from Moderna and Pfizer for children under 5. It’s the only age group not yet eligible for vaccination against the coronavirus.

Holcomb’s former health care adviser takes job lobbying for nursing home industry

June 15, 2022 | John Russell

Paul Peaper starts July 1 as president of the Indiana Health Care Association, which represents more than 485 long-term and post-acute care facilities across the state.

Fed tries to attack inflation with its largest rate hike since 1994

June 15, 2022 | Associated Press

The Federal Reserve on Wednesday intensified its drive to tame high inflation by raising its key interest rate and signaling more large rate increases to come that could raise the risk of another recession.

Proposal picked for City Market area redevelopment bested two others

June 15, 2022 | Mickey Shuey

The proposed $175 million project that could add more than 400 apartments to the area surrounding the Indianapolis City Market was chosen over two other bids from local development firms—both of which differed greatly from the winning proposal.

U.S. retail sales post first drop in five months as auto purchases plunge

June 15, 2022 | Associated Press and Bloomberg News

Americans trimmed their spending unexpectedly in May compared with a month before, underscoring how surging inflation on daily necessities like gas is causing them to be more cautious about buying discretionary items.

Developer withdraws plans for controversial $61M Willows project

June 15, 2022 | Mickey Shuey

The team behind the proposed redevelopment of the Willows Event Center into apartments near Broad Ripple has withdrawn its proposal, just hours before it was set to be considered by a city commission.

Biden tells oil refiners to produce more gas, take fewer profits

June 15, 2022 | Associated Press

The American Petroleum Institute, which represents the industry, said in a statement that capacity has been diminished as the Biden administration has sought to move away from fossil fuels as part of its climate change agenda.

EPA: ‘Forever chemicals’ pose risk even at very low levels

June 15, 2022 | Associated Press

The Environmental Protection Agency is warning that two nonstick and stain-resistant compounds found in drinking water pose health risks even at levels so low they cannot currently be detected.

Five questions and answers about Urban One’s acquisition of Emmis stations

June 15, 2022 | Dave Lindquist

The Indianapolis cluster of radio stations owned by Urban One Inc. is set to grow thanks to the upcoming acquisition of all Indianapolis radio properties now owned by Emmis Communications. Here are some of the details.

Urban One Indianapolis

City picks $175M project for block that includes City Market, Gold Building

June 15, 2022 | Mickey Shuey

Gershman and Citimark’s project includes a different look and a new use for the Gold Building and construction of an 11-story building to replace the east wing of the Indianapolis City Market.

Coinbase’s layoffs suggest crypto’s problems are spreading

June 14, 2022 | The Washington Post

The crypto-exchange giant Coinbase said Tuesday it was laying off nearly one-fifth of its workforce, a sobering sign that the challenges of the once blazingly hot industry go beyond those of troubled bank Celsius to the very heart of the crypto-investment world.

Research dog-breeding facility run by Indianapolis firm to be sold

June 14, 2022 | Alex Brown, Inside INdiana Business

A federal judge issued an emergency order late last month imposing a series of restrictions on the facility operated by Indianapolis-based Envigo after regulators said the site was responsible for the deaths of hundreds of beagle puppies.

Biggest rate hike since last century expected as Fed tackles inflation

June 14, 2022 | Associated Press

A series of sizable increases would heighten borrowing costs for consumers and businesses, likely leading to an economic slowdown and raising the risk of a recession.

Zoo elephant named Happy isn’t a person, court rules

June 14, 2022 | Associated Press

The zoo and its supporters warned that a victory in the closely watched case could open the door to more legal actions on behalf of animals, including pets, farm animals and other species in zoos.

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May 1-7, 2026

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2026 Innovation Issue: With coding academies gone, what comes next?

Daniel Bradley

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Susan Orr

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Lesley Weidenbener
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