Wholesale inflation accelerates sharply on higher food prices
Measured from 12 months earlier, wholesale prices climbed 3% in November, the sharpest year-over-year rise since February 2023.
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Biden commutes roughly 1,500 sentences, pardons 39 people in biggest single-day act of clemency
The outgoing president said he would be taking more steps in the weeks ahead and would continue to review clemency petitions.
UPDATE: IU lands $138M grant from Lilly Endowment to fund new biosciences accelerator
The gift is the largest grant that Indiana University has ever received in support of research and development. IU President Pamela Whitten said the funding will help “change the very landscape of our capital city and state.”
Gov.-elect Braun selects pharmacy leader as health secretary
Dr. Gloria Sachdev will oversee four major state agencies: the Department of Health, the Family and Social Services Administration, the Department of Child Services and the Department of Veteran Affairs.
Developer proposes plan for mixed-use buildings at Grand Millennium in Westfield
The plan would feature approximately 366 apartment units, 60,000 square feet of medical office space, 12,500 square feet of retail space and 447 parking spaces.
Holiday Wish List: How you can help Indianapolis area nonprofits this holiday season
Wish List is our effort to help connect nonprofits with people who can help them. Anyone who wants to contribute should contact the organization directly.
Trump to be honored as Time’s person of the year
President-elect Donald Trump also will ring the opening bell at the New York Stock Exchange.
Nicole-Taylor’s restaurant to rebrand as Corridor in 2025
Owners Erin Kem and Logan McMahan purchased Nicole-Taylor’s, 1134 E. 54th St., from founders Rosa Hanslits and Tony Hanslits in July 2023.
New sports bar Tom’s Watch opens in downtown Indianapolis
Indianapolis is the 13th Tom’s Watch Bar location. The 10,000-square-foot restaurant features 135 screens as well as a full food and drink menu.
Indianapolis courier company acquired by Minnesota logistics firm
Leaders of Indianapolis-based Now Courier expect company growth to continue following the acquisition by Minneapolis-based Priority Courier Experts.
Indiana education officials green-light high school diploma overhaul
The overhaul has been pitched by state officials as a way to boost Indiana’s dismal college-going numbers, but more critically, to also ensure that all Hoosier students—college-bound or not—graduate from high school with high-value, work-ready skills.
Holcomb, IEDC cap off year with record $39.1B in expected private investments
The investment total continues a trend of record-breaking years for the IEDC. The state has improved its annual total every year since Gov. Eric Holcomb took office (with the exception of 2020 due to the pandemic.)
IEDC requests additional $60M for Lilly, Meta land, infrastructure at LEAP
The state’s job-creation agency is seeking $27 million to purchase about 307 acres and pay for deposits and option payments for additional land west of Interstate 65. Another $33 million is being sought for infrastructure work.
FBI Director Wray says he intends to resign before Trump takes office in January
Christopher Wray said at a town hall meeting that he would be stepping down “after weeks of careful thought,” roughly three years short of the completion of a 10-year term.
National Bank of Indianapolis partners with New Direction Church on east-side effort
The National Bank of Indianapolis and New Direction Church announced a partnership that’s designed to support economic development and access to financial services along the East 38th Street corridor.
Teacher pay, more funding top requests by Indiana’s largest teachers union
The Indiana State Teachers Association, which represents roughly 40,000 Hoosier educators, released a priority agenda on Tuesday—just weeks before state lawmakers are set to return to the Statehouse.
Going, going, gone: Package store bidding dominates alcohol permit auction
Forty-two hopefuls turned out for the Indiana Alcohol and Tobacco Commission’s auction on Tuesday, outbidding one another in an attempt to secure one of dozens of alcoholic beverage permits.
Google forges ahead with next generation of AI while fending off breakup threat
The next generation of Google’s AI is being packaged under the Gemini umbrella.
Inflation ticks up as some price pressures remain persistent
Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month.
Albertsons gives up on Kroger merger, sues grocery chain for failing to secure deal
Albertsons is accusing Kroger of not doing enough to secure regulatory approval for the $24.6 billion agreement, which would have been the largest grocery store merger in U.S. history.
