Shelbyville casino gets new name after $34M in upgrades
Caesars Entertainment Inc. on Tuesday changed the name of the venue from Indiana Grand Racing & Casino to Horseshoe Indianapolis Racing & Casino.
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The Freedom Forum podcast: Sharon Barner of Cummins Inc.
Barner talked with host Angela B. Freeman about the challenges she faced building her career, how she has helped others overcome similar barriers and what companies and law firms can do to increase diversity.
Despite supermajority, Indiana Republicans change curriculum bill
Although the changes haven’t satisfied most critics, the effort highlights the tightrope walk between appeasing core conservative voters and not alienating moderates as political opinions in rural and suburban areas pull in opposite directions, analysts said.
IPS likely to close Joyce Kilmer School 69 after losing innovation charter partner
Kindezi Academy, the charter operator that revamped the school in 2016, announced Friday that it would end its partnership with IPS and shut down operations in June due to low student outcomes and facility issues.
A 10% drop for stocks can be scary for investors, but it’s not that rare
The worries rocking Wall Street about interest rates, inflation and now Ukraine have sent the S&P 500 index—the most widely followed measure of the U.S. stock market—tumbling more than 10% from its record.
COVID-19 shots unlikely to prompt rare inflammation in children
First reported in the United Kingdom in early 2020, the condition is sometimes mistaken for Kawasaki disease, which can cause swelling and heart problems. Since February 2020, more than 6,800 cases have been reported in the U.S., according to the CDC.
Indiana transgender athlete bill on fast track to governor
If the full Senate approves the bill, which could happen as soon as Thursday, it would head to the governor for consideration. The Indiana House already passed it.
IndyCar set to open season with bright new stars, big expectations
The stars of IndyCar crowded into Indianapolis Motor Speedway on Tuesday to celebrate an upcoming season of opportunity for America’s open-wheel racing series to further cement its legitimacy and expand its popularity.
Navy team leaves Methodist Hospital as COVID-19 cases fall
A U.S. Navy team that was dispatched to Methodist Hospital in Indianapolis to help relieve overwhelmed staffers during a surge in COVID-19 cases has wrapped up its deployment after 60 days.
Indiana Senate panel backs bill without big tax-cut proposal
The Senate’s tax committee voted 12-1 to advance the bill to the full Senate, where Republican leaders have cited uncertainty about the economy in resisting tax cuts despite recent big growth in state tax collections.
Cummins to acquire Meritor for $3.7B
Columbus-based Cummins said its acquisition of Michigan-based Meritor, a maker of electric axle and brake technology, will help accelerate Cummins’ electric and hybrid business.
INHP chief Moira Carlstedt set to retire after 24 years in role
Moira Carlstedt, president and CEO of the Indianapolis Neighborhood Housing Partnership for nearly a quarter-century, plans to leave her position later this year, the organization announced Tuesday.
Indy-based developer in home stretch of $250M industrial project in Whitestown
About three years after first breaking ground, Indianapolis-based Strategic Capital Partners LLC has already brought to market about two-thirds of the 80-acre project, known as 65Commerce Park.
American women players settle suit vs. U.S. Soccer for $24M
U.S. women soccer players reached a landmark agreement with the sport’s American governing body to end a six-year legal battle over equal pay, a deal in which they are promised $24 million, plus bonuses that match those of the men.
High court takes case involving refusal to serve gay couples
The high court said Tuesday it would hear the case of a web designer who says her religious beliefs would lead her to decline any request from a same-sex couple to design a wedding website.
Standard General acquiring WTHR parent in $5.4B cash deal
| Associated Press and IBJ Staff
New York City-based investment firm Standard General plans to take television station owner Tegna private in the deal, which has an enterprise value of about $8.6 billion, including the assumption of debt.
Lilly plans $700M genetic medicine institute in Boston
The Indianapolis-based pharmaceutical company said the facility is part of its strategy to advance RNA-based therapeutics and builds on its acquisition of Prevail Therapeutics, a gene therapy company based in New York.
NFL scouting combine loosens virus rules after blowback
Players attending the NFL’s scouting combine in Indianapolis next week won’t have to stay in a “bubble” as originally ordered after organizers loosened regulations Monday night after getting blowback for strict COVID-19 rules issued over the weekend.
Indy-based Direct Connect Logistix acquires Utah business
While DCL said it plans to grow the Utah location, the company’s headquarters will remain in Indianapolis, where it employs 160 and is expanding its workforce.
Michigan’s Howard suspended 5 games for Wisconsin altercation
University of Michigan men’s basketball coach Juwan Howard also was fined $40,000 for hitting a Wisconsin assistant in the head, triggering a postgame skirmish.