Incentive deal for Kokomo battery plant the largest in state history
The Indiana Economic Development Corp. laid out a substantial incentive package to lure the joint venture, with tax credits and investments totaling at least $186 million.
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Developer proposes 358-unit apartment project at Noblesville’s Hyde Park
Hyde Park Towns and Flats would be built on 17.4 acres of land west of Hamilton Town Center at the southwest corner of East 141st Street and Brooks School Road.
Andrea Morehead drops discrimination lawsuit against WTHR
The longtime news anchor’s lawsuit alleged that she had been harassed and mistreated by colleagues and managers as she waged a public battle with breast cancer.
Solar power from Duke Energy to help power new Kokomo battery plant
Stellantis officials said the clean energy requirement was a critical part of the agreement to locate the operation in Indiana.
Indiana lawmakers override governor’s veto of trans sports bill
State senators voted 32-15 in favor of overriding Gov. Eric Holcomb following the same action in a 67-28 vote by the House earlier in the day.
Stellantis plans $2.5B electric-vehicle battery plant in Kokomo, 1,400 jobs
The companies said the investment could grow to $3.1 billion as Stellantis—formed last year with the merger of Fiat Chrysler and France’s PSA Peugeot—ramps up production of electric vehicles.
Local Big Brothers Big Sisters group gets $2.9M of blockbuster gift
| Associated Press and IBJ Staff
Billionaire philanthropist MacKenzie Scott has given $122.6 million to Big Brothers Big Sisters of America, which includes $2.9 million for the local arm of the youth mentoring organization.
Ice Miller loses eight attorneys, staff members to East Coast firm’s new office
More than a dozen employees—including eight attorneys—have left law firm Ice Miller to start a Midwest office for Newark, New Jersey-based law firm McCarter & English in Carmel, the East Coast firm announced Monday.
Circle Centre owners take first steps in recasting downtown mall
The ownership group plans to begin conversations with potential developers in the near future, after receiving suggestions from four design groups for remaking the massive property as a mixed-use district.
NFL Scouting Combine staying in Indianapolis through 2024
Indianapolis, which has hosted the event since 1987, beat out competing bids from Los Angeles and Dallas.
Poll: U.S. economy bigger priority than punishing Russia
While broad support for U.S. sanctions has not faltered, the balance of opinion on prioritizing sanctions over the economy has shifted, according to the poll from The Associated Press-NORC Center for Public Affairs Research.
Hyundai recalls 239,000 cars for exploding seat belt parts
Regulators said that the driver’s and front passenger’s seat belt pretensioners can explode upon deployment and send shrapnel throughout the vehicle.
Stock market slump unsettling Americans eying retirement
A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s.
Kellett breaks crash-free streak at Indy 500 practice
The horsepower boost that produced record speeds in qualifying went away Monday when teams swapped their engines for the power plants that will be used in Sunday’s race.
Stellantis to make Indiana announcement; might be battery plant
Automaker Stellantis said it will give an update on the future of its Kokomo operations at an Indiana community college on Tuesday afternoon.
Amazon to sublease warehouses as online shopping slows
Seattle-based Amazon doubled the size of its operations during the pandemic, adding more warehouses and employees. But as the worst of the pandemic eased, it found itself with too much warehouse space and too many workers.
IU alumni Joshua Bell, Chris Botti among headliners set for Carmel arts center
Carmel’s Center for the Performing Arts, known for its Palladium venue, unveiled 51 shows during a Monday night presentation for top supporters of the not-for-profit organization.
Colts team up with physician assistants to offer mental health training
The football team’s “Kick the Stigma” campaign has teamed up with the American Academy of Physician Associates on a new initiative to provide training on identifying and responding to mental conditions and mental health disorders.
USA Swimming sets dates for 2024 Olympic trials
The trials are set to end 33 days before the beginning of the Olympics on July 26. That mirrors the time frame used for both the 2016 and 2021 trials.
Carmel home of late philanthropist Harrison Eiteljorg goes on market for $1.65M
The home, constructed in 1940, sits in a 4.3-acre wooded, gated estate at 9950 Spring Mill Road. The 12-room house includes five bedrooms and offers panoramic views.
