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MLB cancels 93 more games as gap narrows in bargaining

March 9, 2022 | Associated Press

Major League Baseball Commissioner Rob Manfred announced two additional series had been canceled through April 13. That raised the total to 184 games wiped out from the 2,430-game regular season, or 7.6%.

U.S. House OKs $13.6B for Ukraine in huge spending bill

March 9, 2022 | Associated Press

Passage of the Ukraine aid and the $1.5 trillion government-wide legislation that carried it let both parties lay claim to election-year victories for their priorities.

State election watchdog forms Indianapolis redistricting commission

March 9, 2022 | Leslie Bonilla Muñiz

Common Cause Indiana announced Wednesday that it has formed a nine-member, “politically balanced” group called the Indianapolis Citizens Redistricting Commission, similar to a project it led last year aimed at Congressional and state redistricting. 

Statewide COVID-19 hospitalizations hit lowest level since July

March 9, 2022 | IBJ Staff

Despite the decline in hospitalizations and cases, the virus is still claiming lives. Another 77 COVID deaths were reported on Wednesday, raising the pandemic total to 22,215 in Indiana.

Indiana lawmakers seek possible special session on abortion

March 9, 2022 | Associated Press

The vast majority of Indiana’s Republican state legislators have signed a letter asking the governor to call them back into special session later this year if the U.S. Supreme Court rolls back the limits states can place on abortion.

Indiana Statehouse

Report: Colts trading QB Carson Wentz to Commanders for draft picks

March 9, 2022 | IBJ Staff and Associated Press

Wentz threw 27 touchdowns and tied a career low in interceptions with seven last season, but he struggled in the team’s final two games, both losses, when one victory was needed to give the Colts a playoff berth.

Former Indianapolis post office manager charged with mail theft

March 9, 2022 | Susan Orr

Prosecutors say the former customer service manager at the New Augusta Post Office branch on Indianapolis’ northwest side stole $1.7 million in checks from mail that arrived at the branch in 2020 and 2021.

Limits on insulin costs revived in push for Senate action

March 9, 2022 | Associated Press

Nearly 30 million Americans have diabetes, and more than 6 million use insulin to keep their blood sugars under control. It’s an old drug, refined over the years, that has seen relentless price increases.

U.S. job openings at near record, adding to price pressures

March 9, 2022 | Associated Press

Wednesday’s report underscores the distorted nature of the job market after two years of the pandemic. There are 1.7 available jobs for every unemployed worker, which has led to widespread complaints among businesses about worker shortages.

Biden signs order on cryptocurrency as its use explodes

March 9, 2022 | Associated Press

Biden’s top economic and national security adviser said the order establishes the first comprehensive federal digital assets strategy for the United States.

Biden’s inflation plan upends thinking on jobs sent overseas

March 9, 2022 | Associated Press

Critics see this new Biden effort as largely an attempt at political damage control, rather than a data-driven approach to reducing inflation.

Legends Day concert moving from IMS to White River State Park

March 9, 2022 | Mickey Shuey

This year’s Legends Day concert on May 28—the day before the Indianapolis 500—is set to feature a big name in country music, but fans interested in catching the show won’t be making their way to Indianapolis Motor Speedway as usual.

Power Breakfast Series Life Sciences 2022 – Corporate Table of 10

Legislature ends session by cutting income taxes, not business personal property tax

March 9, 2022 | Emily Ketterer

The plan would cut the income tax rate to 3.15% from 3.23% for 2023, which would amount to a $40 savings for those with $50,000 in taxable income. The tax rate would be cut further in 2025, 2027 and 2029, but only if state tax revenue grows by at least 2% in the previous budget year.

McDonald’s, Starbucks, Coke, Pepsi join exodus out of Russia

March 8, 2022 | Associated Press

The global brands all announced Tuesday they were temporarily suspending their business in Russia in response to the country’s invasion of Ukraine.

State legislators approve repealing gun permit requirement

March 8, 2022 | Associated Press

The bill’s provisions would allow anyone age 18 or older to carry a handgun in public except for reasons such as having a felony conviction, facing a restraining order from a court or having a dangerous mental illness.

Statehouse

Indiana lawmakers give final OK to economic development updates

March 8, 2022 | Emily Ketterer

The measure heads to Gov. Eric Holcomb, who made modernizing the state’s economic development toolkit a top legislative priority and is expected to sign the bill into law in an effort to help the state be more nimble when recruiting new business.

Focus of Big Ten Tournament: Howard’s return, Davis’ health

March 8, 2022 | Associated Press

Likely of more interest to local fans is whether Indiana University can play its way into an NCAA tournament bid after losing seven of its last nine games or whether Purdue can earn a favorable seed in the postseason.

Congress passes bill to shore up Postal Service, delivery

March 8, 2022 | Associated Press

Congress mustered rare bipartisan support for the Postal Service package, dropping some of the more controversial proposals to settle on core ways to save the service and ensure its future operations.

Local specialty chemicals firm lands $4.6M in funding round

March 8, 2022 | Wes Mills, Inside INdiana Business

MITO Material Solutions Inc. said it will use the investment to expand its Indianapolis operations, including new lab space for developing products and new composite material technologies.

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