From carp to copi: Unpopular fish getting a makeover
If “invasive carp” doesn’t sound appetizing, how about a plate of copi? The state of Illinois is unveiling a market-tested rebranding campaign to make the fish appealing to consumers.
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CDC panel recommends U.S. seniors get souped-up flu vaccines
The panel unanimously recommended certain flu vaccines that might offer more or longer protection for seniors, whose weakened immune systems don’t respond as well to traditional shots.
Powell acknowledges recession possible as Fed pushes up rates
Testifying to the Senate Banking Committee, Federal Reserve Chairman Powell faced skeptical questions from members of both parties about the Fed’s ability to tame inflation, which has surged to the top of Americans’ concerns as congressional elections near.
UPDATE: Biden calls for 3-month suspension of gasoline, diesel taxes
President Joe Biden’s push faces uphill odds in Congress, where many lawmakers, including some in his own party, have expressed reservations. Even many economists view the idea of a gas tax holiday with skepticism.
‘Groundhog Day’ at IRS: Returns pile up, phone delays worsen
After digging out of a daunting backlog from 2021, the agency has an even bigger backup for this tax season than it did a year ago and its pace for processing paper returns is slowing down, according to a watchdog report released Wednesday.
Fast25 – 2022
Welcome to Fast 25, IBJ’s annual ranking of the fastest-growing companies in the Indianapolis area. Lifeboost Coffee LLC 866% Revenue: $24.4 million US Hydrovac Inc. 439% Revenue: $6.3 million Process Alliance LLC 362% Revenue: $8.2 million InTek Freight & Logistics Inc. 340% Revenue: $59.9 million The Garrett Cos. 328% Revenue: $463.7 million FullStack Inc. 311% […]
Holcomb calls lawmakers back into session to consider $1B in refunds
If lawmakers agree to the governor’s plan, individual taxpayers would receive a tax refund of $225—on top of the $125 each is receiving through the state’s automatic taxpayer refund program.
Walmart expands health services in Indiana, two other states
Walmart said it chose to extend coverage to Louisiana, Indiana and Illinois because of the potential for instant impact for employees who live in those three states.
Lilly to give $34M in grants to eight local human services organizations
Lilly Endowment said the grants, ranging from $1 million to $7.5 million, will help the organizations strengthen their long-term financial sustainability plans.
New not-for-profit lands $1.6M to support Indiana Avenue, Black communities
Urban Legacy Lands Initiative Inc. expects to create a preservation and stewardship framework to support the city’s Black communities, with a focus on equitable and inclusive neighborhood growth.
Fred Payne leaving DWD for top job at United Way of Central Indiana
Payne, who has led the DWD for more than four years, will exit his current job July 8 and join the United Way on July 18. He will take over for Ann Murtlow, who is retiring June 30 after nine years leading the not-for-profit.
Powell: Fed will decide on rate hikes ‘meeting by meeting’
Federal Reserve Chair Jerome Powell on Wednesday underscored the Fed’s determination to raise interest rates high enough to slow inflation, a commitment that has fanned concerns that the central bank’s fight against surging prices could tip the economy into recession.
Tech Exec of the Year & Tech 25
You’ve taken the time to nominate your top technology leaders, now it’s time to find out who came out on top! Tickets are on sale now for IBJ & TechPoint’s Tech Exec of the Year & Tech 25 recognition event August 23rd!
Here’s how IPS has spent its federal pandemic funding so far
Indianapolis Public Schools has spent around 10% of its $213.5 million in federal COVID-19 funding to date. That figure is low compared to other districts in Indiana and across the country, but IPS officials are preparing to spend the full allocation.
Oil refineries are making a fortune, but that’s not stopping them from closing
A White House desperate to bring down gas prices is having little success persuading refinery owners to expand operations, and more closures are imminent.
Senators reach bipartisan compromise on gun violence bill
The legislation would toughen background checks for the youngest firearms buyers, require more sellers to conduct background checks and beef up penalties on gun traffickers.
Pilots picket as airline unions leverage summer travel woes
The protest, which the union said drew up to 1,300 Southwest Airlines pilots, was the latest example of airline workers trying to put pressure on companies by taking their demands for higher pay directly to the flying public.
Labor board takes Starbucks to court over alleged violations
The National Labor Relations Board is asking a federal court to order Starbucks to stop interfering with unionization efforts at its U.S. stores. It’s the third time the board has filed a case in federal court against Starbucks since December.
Supreme Court says Maine cannot deny tuition aid to religious schools
The 6-3 outcome could fuel a renewed push for school choice programs in some of the 18 states that have so far not directed taxpayer money to private, religious education.