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Fed raises key rate, foresees two more hikes this year

March 21, 2018

The Federal Reserve is raising its key interest rate and signaling confidence in the U.S. economy's durability but plans to continue a gradual approach to rate hikes for 2018 under its new chairman, Jerome Powell.

Hendricks Regional, Hall Render face $50M lawsuit over failed deal

March 21, 2018

A lawsuit against Hendricks Regional Health and the Indianapolis law firm alleges they used “malicious, oppressive, willful, wanton, and/or reckless conduct” in conspiring to squelch a competitor’s deal to operate 23 Indiana care facilities after Hendricks’ contract was terminated.

BOHANON & CUROTT: Muncie school-funding problem is about control

March 21, 2018

the district’s problems illustrate a larger issue: How should different levels of government work together to provide K-12 education?

Securing venture capital remains central Indiana issue

March 21, 2018

Six technology leaders and entrepreneurs took part in IBJ’s Technology Power Breakfast at the JW Marriott. Here’s some of what they had to say.

PELLETIER: Watch out! Cyber criminals love to hit in springtime

March 21, 2018

Cyberattacks can take many forms, but whether malware is the main method or a hacker gains command and control by initiating a phishing campaign, the adversary is always the same: a human.

ClearScholar signs two new clients

March 21, 2018

Indianapolis-based ClearScholar, which provides app-based software to communicate with and engage students, recently announced deals with New Castle School of Trades in New Castle, Pennsylvania, and North American Trade Schools, a private vocational school in Baltimore. The two organizations are using ClearScholar’s platform “to attract new students and create deeper connections with prospective and current […]

Driverless car company partners with Indy 500 winner

March 21, 2018

Dario Franchitti, winner of three Indianapolis 500 races, including this one in 2012, is helping Coast Autonomous understand how cars respond to drivers. (Photo courtesy of Indianapolis Motor Speedway) Coast Autonomous, a Pasadena, California-based self-driving-vehicle technology company, has hired three-time Indianapolis 500 winner Dario Franchitti as a consultant as it continues to develop its autonomous-vehicle […]

Venture studio High Alpha offers its firms mentoring, money, marketing and more

March 21, 2018

Since its takeoff three years ago, investor High Alpha has grown its stable of studio companies from three to nine.

focus-highalpha-doxly-sprint-32318-bp450.jpg

KIM: Overconfidence plagues ‘bracketologists’ and investors

March 21, 2018

Never accept a wager offered by Warren Buffett and don’t sell when he’s buying (or vice versa).

UPDATE: Governor signs Indiana workforce development bills

March 21, 2018

Gov. Eric Holcomb has signed two workforce development bills on Wednesday that he believes will help Indiana tackle its shortage of trained workers. He also made personnel changes in conjunction with the new law.

Bosma, Long to donate money from special session

March 21, 2018

Democrats had challenged Republicans to donate the money after the GOP-led General Assembly failed to finish all its work before a deadline this month, forcing Gov. Eric Holcomb to call a special session.

Tech firm donates $50K for Hogsett’s youth employment project

March 21, 2018

The donation is the largest single gift in Project Indy’s short history. Last summer, the initiative spearheaded by Mayor Joe Hogsett supported about 2,000 teens and young adults in summer jobs.

UPDATE: IndyCar inks three-year media rights deal with NBC Sports

March 21, 2018

The deal with NBC Sports Group will dramatically increase IndyCar’s exposure next season and move the Indianapolis 500 to a different network for the first time since 1965. It won’t end the live local blackout of the Indy 500.

speedway

Networks score big with men’s basketball tournament broadcasts

March 21, 2018

In prime time, first-round action for the tournament averaged 4.98 million total viewers on CBS, according to Nielsen, up 11 percent from last year’s 4.47 million on the comparable nights.

Indiana education official against plan to arm teachers

March 21, 2018

A top education official in Indiana is opposing President Donald Trump's suggestion that arming teachers would be an effective way to prevent mass shootings in schools.

Jennifer McCormick

Kelley School launching manufacturing research center at IUPUI

March 21, 2018

In addition to conducting research, the IU Kelley School Center for Excellence in Manufacturing is expected to “provide strategic and leadership training” for MBA and undergraduate students.

Veteran weather reporter Brewer leaving WISH-TV for new gig

March 21, 2018

Ken Brewer, a meteorologist at WISH-TV Channel 8 for more than 17 years, will be joining his former boss in the private sector.

Neighbors of proposed Carmel hospital gear up to fight project

March 21, 2018

More than 100 people gathered Tuesday to plan how to oppose the project, which calls for nine buildings, two helipads and four parking garages.

Hospital site - 96th Springmill 550 px

Indiana Democrats call on GOP leaders to donate pay during special session

March 21, 2018

The move comes one day after Gov. Eric Holcomb ordered lawmakers to return to the Statehouse in May for a special session after Republican supermajorities failed to come to consensus on key bills before a March 14 deadline.

Downtown Indy Inc. launching ‘pop-up’ retail program

March 20, 2018

The goal is to showcase—and hopefully fill—some now-vacant downtown retail spaces. Artists and vendors are being recruited, and the pop-up spaces should be active in May.

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