Musk says he’ll spend less time in Washington, more running Tesla after profit plunges
The electric vehicle maker reported a 71% drop in profit and a 9% decline in revenue for the first quarter.
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Braun arranging for independent IEDC audit amid transparency concerns
| Cate Charron and Susan Orr
Gov. Mike Braun told IBJ on Tuesday that his office was finalizing the details of an independent audit of the state’s economic development agency: “Hoosier taxpayers deserve clear accountability for how their dollars are spent.”
AES Indiana puts one solar-battery project online, gets OK for another
In an announcement timed with Earth Day, electric utility AES Indiana said Tuesday that its new Pike County battery storage unit is now operational and that it received regulatory approval for a solar and battery project in Dubois County.
FDA to phase out 8 artificial dyes from food supply
It would be a sweeping change for U.S. food producers, who would likely replace the dyes with natural substitutes.
Most adults in the US give to charity. Here’s where they donated.
The results of a new poll suggest most Americans gave at least a little to some charities in the past year but offer mixed signals for those hoping to improve giving trends.
Walgreens to pay up to $350M in opioid settlement
The U.S. Department of Justice accused the pharmacy of illegally filling millions of prescriptions in the last decade for opioids and other controlled substances.
Letters: Natural amenities enhance quality of life, economy
As our growth continues, we should take special care not to lose sight of the importance of protecting nature.
Lawrence mattress maker plans showcase store, retail center in Fort Ben area
Foamcraft says it’s eyeing other locally based tenants for the development ranging from an ice cream shop to a coffee shop to a bakery.
Award-winning pastry chef opens Filigree Bakery shop in Broad Ripple
Known for its macarons and cakes served at the Broad Ripple Farmers Market, Filigree Bakery now has a brick-and-mortar location at 6331 Carrollton Ave.
Roche picks Indiana for new plant, expanded operations as part of $50B investment in United States
Roche said Indiana would receive a new manufacturing facility for continuous glucose monitoring and expansion and upgrades at existing pharmaceutical, diagnostics and distribution operations.
Elevance posts first-quarter gains after top rival struggles
Weaker results posted this month by top rival UnitedHealth had raised concerns for others in the sector.
IBJ Podcast: Indiana NIL guru says settlement threatens ‘what we love about college sports’
Pete Yonkman, the founder of two NIL collectives, foresees a blizzard of lawsuits and a college sports landscape in which a relative handful of schools can attract top talent and compete for championships.
Lawmakers seek compromise on complex hospital pricing legislation
Indiana lawmakers have discovered this legislative session that performing major financial surgery on multibillion-dollar nonprofit hospital systems is a motley and entangled task.
Fishers passes rental home cap, while Carmel introduces its own
The Fishers City Council voted 9-0 to approve the proposed ordinance, which would cap the percentage of single-family rental houses. Meanwhile, Carmel began considering its own plan.
NCAA passes series of rules that sets table for schools to pay players directly
The nine proposals passed by the NCAA board were largely expected but still mark a defining day in the history of college sports.
Braun signs orders calling for state water management plan, Rare Earth Recovery Council
Gov. Mike Braun’s new executive orders require the state to develop a statewide water inventory and management plan, and establish a body that will spearhead efforts to reclaim rare earth elements from legacy coal byproducts.
Edison School of the Arts, ex-CEO settle lawsuit tied to firing, racial slur claims
The former CEO of Edison School of the Arts, who sued the school over defamation after his termination in 2023, has reached a deal with the school to receive a judgment of about $269,000 in his favor.
Student loans in default to be referred to debt collection, Education Department says
The announcement marks an end to a period of leniency that began during the COVID-19 pandemic. No federal student loans have been referred for collection since March 2020, including those in default.
As Congress eyes spending cuts, a report details Indiana’s $177B in federal support
Federal funding was spent in Indiana on everything from entitlement programs to defense, agriculture and education, according to an Indiana Fiscal Policy Institute analysis.
