Surging stock market, Trump policies boost wealth for top 1%
The stock market’s recent run has contributed the most to the consolidation of wealth at the top, as well as rising real estate prices.
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Bret Michaels, tribute to ‘KPop Demon Hunters’ join fair lineup
New additions to the concert lineup include Indiana native Clayton Anderson and a double bill of Sammy Kershaw and Craig Morgan.
Indiana University lands $6M grant to support Alzheimer’s research
The grant from the National Institutes of Health will allow researchers from the IU School of Medicine and the IU Luddy School of Informatics, Computing and Engineering to accelerate the search for new Alzheimer’s treatments.
Jim Irsay’s family to sell ‘Alcoholics Anonymous’ manuscript for philanthropic causes
The “Alcoholics Anonymous” book — nicknamed “The Big Book” — outlines a 12-step program that’s been adopted by many organizations focused on addiction recovery and personal struggles.
IU names David Rosenberg as CEO of new research and development nonprofit
The former state commerce secretary will head IU Inc., a nonprofit focused on growing the university system’s partnerships with government, private companies and startups.
The Bulldog, 2 other businesses set for closure in Meridian-Kessler
The Bulldog Bar and Lounge was revived in 2022 in the same building where it operated from 1974 to 1994.
City-County Council committee advances vehicle tax-hike proposal opposed by mayor
The City-County Council’s Rules and Public Policy Committee voted along party lines Tuesday for a proposal that will increase taxes on vehicle registrations in Indianapolis.
Nvidia CEO Huang pledges AI will boost manufacturing jobs
Jensen Huang led Nvidia as it became the world’s most valuable company, worth roughly $5 trillion, to a point where it is looking beyond chips to developing entire AI systems.
Illinois officials to Bears: Tell us what stadium deal you want
Illinois House Speaker Emanuel “Chris” Welch, echoing Gov. JB Pritzker’s comments last week, indicated he’s open to the possibility of a special session and hinted the Bears’ move to Indiana is far from assured.
Indiana man agrees to plead guilty to wire fraud in connection with wire-selling scheme
A Seymour man who is accused of embezzling more than $202,000 from his employer has agreed to plead guilty to one count of felony wire fraud.
Ballard campaign says it’s closing in on secretary of state ballot signature mark
The former Indianapolis mayor’s campaign counts itself 2,000 signatures short ahead of June 30 deadline.
Indiana becomes 3rd state to receive special federal education waiver
U.S. Secretary of Education Linda McMahon joined Indiana Gov. Mike Braun and Secretary of Education Katie Jenner at Plainfield High School on Tuesday for a ceremonial signing of the “Returning Education to the States Waiver.”
Governor to name Chuck Goodrich as next Indiana commerce secretary
Goodrich, a former state representative, has been CEO of Indianapolis-based Gaylor Electric Inc. since 2018.
TWG expects summer start for 270-unit apartment project by Lucas Oil Stadium
The tight financing market slowed plans that first came to light in early 2024. Construction could take another two years.
State’s ratepayer advocate accuses Duke of overcharging customers in appeal to regulators
The Indiana Utility Consumer Counselor says Duke Energy Indiana over-collected more than $89 million from its ratepayers and is set to over-collect another $86 million annually.
Struggling Pizza Hut restaurant chain to be sold for $2.7B
The pizza chain owned by Louisville-based Yum Brands Inc.has struggled with outdated stores and growing competition.
SpaceX buys AI coding startup Cursor for $60B in race for edge over Anthropic and OpenAI
Cursor helped spark a trend called “vibe coding” as AI coding assistants have become increasingly capable of doing the work of computer programming.
Commerce Secretary David Adams to step down, move into senior adviser role
Gov. Mike Braun said he plans to announce the state’s next commerce secretary later this week.
Fishers City Council OKs incentive agreements for $169M Fishers District expansion
The expansion includes a major corporate relocation by JD Finish Line and the development of a new fieldhouse and 166 apartments and 98 townhomes by Buckingham Properties.
Eyes turn to Fed chair Kevin Warsh and his first moves on interest rates
Economists say Warsh will likely aim for a neutral approach, largely because he is taking over the Federal Reserve at a challenging time.
