Loan-related Elevate Ventures questions remain following audit report release
An audit report released Thursday does not address some lingering issues between Elevate and the Indiana Economic Development Corp., including a loan default issue.
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Questions about harassment probe still unanswered months later. What’s next?
Nearly five months have passed since a report about the Hogsett administration’s handling of sexual harassment allegations was released. But the City-County Council is preparing to take more steps involving the investigation.
Hopes fade for quick end to shutdown as Trump readies layoffs and cuts
Although Republicans control the White House and both chambers of Congress, the Senate’s filibuster rules make it necessary for the government funding legislation to gain support from at least 60 of the 100 senators.
Indianapolis YMCA seeks $750K to help make up for state cuts to child care
The state previously announced that it would cut Child Care and Development Fund vouchers beginning next week.
$10,000 tickets, bourbon deals: Colleges hunt revenue to pay athletes
Across the college sports ecosystem, universities are under pressure to find new ways to raise revenue, after a landmark federal settlement over student athletes’ name, image and likeness rights opened the door for them to be paid by schools.
SMC relocating more than 200 positions from California to Noblesville HQ
SMC is Noblesville’s largest private employer with about 1,200 employees and operates a 345-acre North American headquarters campus north of 146th Street and west of Howe Road.
Senate rejects plans to extend funding; Congress skips votes on holiday
The federal government remained shut down Thursday amid an ongoing partisan divide over funding laws with no immediate end in sight.
Companies might find ways to avoid Trump’s new $100,000 visa
The H-1B visa is popular among tech companies, with Amazon, Microsoft and information technology contractors like Infosys and Cognizant among some of the largest users.
OpenAI now worth $500B, possibly making it the world’s most valuable startup
The valuation reflects high expectations for the future of AI technology and continues OpenAI’s remarkable trajectory from its start as a nonprofit research lab in 2015.
Takeaways from the forensic audit of the IEDC, Elevate Ventures and other related entities
The report details findings related to the Indiana Economic Development Corp., the Indiana Economic Development Foundation, the LEAP District, Elevate Ventures and the Applied Research Institute.
State releases results of monthslong forensic audit of IEDC, affiliated agencies
The 127-page report comes just over a week after the IEDC board unanimously agreed to publicly share it—pending legal review—and roughly five months after it was announced.
Author Sarah Layden views this month’s Proof festival as literary entry point
Following its single-day debut in 2024, Proof: A Midwest Lit Fest is expanding to two days of author readings, panel discussions and workshops.
Caitlin Clark says Napheesa Collier made valid points in fiery exit interview criticizing Commissioner Engelbert
Minnesota Lynx star Collier said Tuesday that Engelbert told her in a private conversation Clark and other players “should be on their knees” in gratitude for the platform the WNBA has given them.
As private equity pursues public utilities, reports say BlackRock subsidiary wants to buy AES
BlackRock’s interest in AES represents a growing trend of private equity firms investing in, or buying outright, public utility companies as artificial intelligence fuels increasing electricity demands.
Concertgoer’s lawsuit says deputy at Ruoff tased him while he suffered medical emergency
In his lawsuit, the concertgoer claims that the tasing at a Phish concert caused several injuries, including damage to his cochlear implant.
City to pay consultant $40K per month for Indianapolis Local Education Alliance work
Michael O’Connor, a principal of the Bose Public Affairs Group and a former chair of the Indianapolis Public Schools board, will lead the consulting work as part of the city’s contract with Bose.
Secretary of state tops statewide official travel spending
A new state law for many public officials mandates reporting every Oct. 1 on travel expenses for trips “taken in an official capacity,” including whether state funding was used to cover costs.
Gatorade, Cheetos among Pepsi products getting natural dye makeover
The process of switching from artificial to natural dyes in well-known food and drink products can take years of research and testing.
Tesla reports surprise increase in car sales in third quarter
The electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30.
Noblesville provides a look at major downtown project
The first phase of the project is expected to be completed before the holiday season next year.