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Plans to replace downtown CSX building with hotel, concert hall given go-ahead by historic commission

September 4, 2024 | Mickey Shuey

The $312 million project from Boxcar Development LLC, a holding company for the Herb Simon family, was unanimously approved by the Indianapolis Historic Preservation Commission after about a half-hour of presentation and discussion.

CEOs of Albertsons, Kroger say shoppers would see lower prices after merger

September 4, 2024 | Associated Press

The Federal Trade Commission contends the $24.6 billion deal would eliminate competition and lead to higher food prices for already struggling customers.

Biden preparing to block Nippon Steel purchase of U.S. Steel

September 4, 2024 | The Washington Post

The deal would create the third-largest global steelmaker in a bid to compete with Chinese rivals on the global stage. More than 2,000 people work for U.S. Steel in Gary, Indiana.

Indy Arts Council seeks increase in city funding for not-for-profits

September 4, 2024 | Dave Lindquist

The $1.3 million proposed for the Indy Arts Council will be discussed Thursday during a Parks and Recreation Committee budget hearing.

Zionsville Town Council considers designated outdoor refreshment area

September 4, 2024 | Daniel Bradley

The Zionsville Town Council on Tuesday night heard an introduction of plans to create a designated outdoor refreshment area, or DORA, that would encompass areas in, around and south of the town’s historic Village.

IEDC still looking for buyers for portion of GM stamping plant property

September 3, 2024 | Mickey Shuey

Economic development leaders want the 45 acres to be developed as the OneHealth Innovation District—a partnership between Elanco Animal Health, Purdue University and the Indiana Economic Development Corp.

Carmel-based EnVista’s co-founders square off in court

August 30, 2024 | Susan Orr

Jim Barnes and John Stitz built the Carmel-based supply-chain technology consultancy from a two-man startup to a company with $113 million in revenue and hundreds of employees. Barnes has now filed a lawsuit against Stitz.

Smaller airports across the state are spending big to upgrade service, experience

August 30, 2024 | Mickey Shuey

At least six regional, municipal and county airports in Indiana are expanding or replacing their terminal buildings or improving their runways. Several others are weighing renovations and upgrades that are expected to take shape over several years.

McCormick emphasizes curriculum, accountability, teachers in Indiana education plan

August 30, 2024 | Casey Smith, Indiana Capital Chronicle

Democratic gubernatorial candidate Jennifer McCormick’s new education plan calls for teachers to be paid at least $60,000 per year—an increase from the current $40,000 minimum.

College athlete advocacy group opposes NCAA lawsuit settlement, says it limits potential earnings

August 29, 2024 | Associated Press

The National College Players Association said it is against the proposed $2.8 billion settlement agreement of antitrust litigation facing the Indianapolis-based NCAA and major college conferences.

Indianapolis to begin work on $43M Henry Street Bridge project next week

August 29, 2024 | Taylor Wooten

The bridge is part of a state-local partnership to develop a major business park on the west side of the White River, an effort that has been complicated by the planned excavation of human remains from a historic cemetery on the east side.

Capital Improvement Board set to buy Pan Am Tower for $10.5M

August 28, 2024 | Mickey Shuey

The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.

Kroger, Albertsons defend merger plan in federal court against regulators

August 27, 2024 | Associated Press

The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and raise grocery prices.

Pulte planning to expand Kimblewick neighborhood in Westfield by 225 homes

August 27, 2024 | Daniel Bradley

The 108-acre project would represent the third phase of the Kimblewick development, which first received approval in 2019.

Indiana’s ambitious plan to boost apprenticeships ‘will be challenging,’ report says

August 26, 2024 | Casey Smith, Indiana Capital Chronicle

Employer demand for workers continues to outpace Indiana’s supply of individuals looking for work, said Indiana Fiscal Policy Institute President Stephanie Wells, who authored the policy brief.

Kroger, Albertsons hope to merge but must face skeptical government in court first

August 25, 2024 | Associated Press

Starting Monday, a federal district court judge in Portland, Oregon, will consider both sides and decide whether to grant the FTC’s request for a preliminary injunction.

Medical debt proposal draws mixed response

August 23, 2024 | Susan Orr

A national proposal to remove medical debt from consumer credit reports could have a significant impact in Indiana, where the percentage of residents with delinquent medical debt is higher than in 39 other states.

Stadium, convention center operator anticipates big revenue jump for 2025

August 23, 2024 | Mickey Shuey

A large portion of the board’s new expenses are tied to major ongoing projects, including the hotel and convention center expansion project at Pan Am Plaza, as well as efforts to secure an MLS expansion club.

Postal Service considers rural mail slowdown in plan to save $3B per year

August 23, 2024 | The Washington Post

Allowing marginally slower service to rural areas, which often drag down on-time rates, could improve the agency’s delivery metrics, experts say.

UPDATE: Labor dispute stops Canadian freight railroads, could cause major economic disruption in U.S.

August 22, 2024 | Associated Press

Billions of dollars of goods each month move between Canada and the U.S. via rail, according to the U.S. Department of Transportation.

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