New Indiana professional licensing agency boss named
Lindsay Hyer has been named executive director of the Indiana Professional Licensing Agency, succeeding Deborah Frye, who is retiring after seven years in the role.
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Inotiv plans to close two Indianapolis facilities in consolidation
The pharmaceutical testing company said it plans to close two isolator facilities in Indianapolis and consolidate them with existing facilities in the United States.
Indiana Chamber: Repairs needed for Indiana’s ‘leaking’ workforce pipeline
Indiana continually lags its peers in terms of workforce even as it tops the list in overall business climate. That unqualified workforce means that Indiana has twice as many open jobs as it does job seekers, according to a chamber report.
GivingTuesday raises $3.1B for charities in tough economy
The organization said this year’s totals marked the largest amount donated on the Tuesday after Thanksgiving since the group started tracking it.
U.S. gas prices plunge toward $3 a gallon as demand drops worldwide
Filling up is now is as low as it was in February, just before Russia’s invasion of Ukraine touched off a global energy crisis.
Powell: Fed to keep rates higher for longer to cut inflation
The Federal Reserve will push rates higher than previously expected and keep them there for an extended period, Chair Jerome Powell said Wednesday, in remarks likely intended to underscore the Fed’s single-minded focus on combating stubborn inflation.
UPDATE: House votes to avert rail strike, impose deal on unions
The bill lawmakers are considering would impose a compromise labor agreement that was voted down by four of the 12 unions representing more than 100,000 employees at large freight rail carriers.
18th Street closing tap room, but plans to open distillery location
Hammond-based 18th Street Brewery opened its Indianapolis tap room one month before the pandemic stay-at-home orders of 2020.
Corteva buys Houston-based plant biologics company for $1.2B
The acquisition is designed to accelerate Indianapolis-based Corteva’s biologicals business and make it one of the largest players in the market.
Local accounting-tech firm Decimal acquires cloud-based bookkeeping business from KPMG
Decimal, a software-as-a-service firm based in Indianapolis, has acquired the cloud-based bookkeeping business formerly owned by Big Four accounting firm KPMG.
Penalty sought for doctor who spoke of 10-year-old’s abortion
The complaint by Indiana’s attorney general alleges Dr. Caitlin Bernard violated state law by not immediately reporting the girl’s rape to Indiana authorities and violated patient privacy laws by telling a newspaper reporter about the girl’s treatment.
Sen. Mike Braun planning to run for Indiana governor
U.S. Sen. Mike Braun has ended months of speculation over whether he planned to run for Indiana governor in 2024 rather than seek a second term in the Senate.
U.S. upgrades 3Q economic growth estimate to 2.9% rate
Wednesday’s government report showed that the restoration of growth in the July-September period was led by solid gains in exports and consumer spending that was stronger than originally reported.
U.S. monthly job openings dip to still-high level
The Federal Reserve is closely monitoring the figures on job openings and quits for signals about the strength of the job market.
Lawmakers skeptical grocery merger will mean lower prices
Kroger announced its plan to acquire Albertsons for $20 billion in mid-October. Together, the companies would control about 13% of the U.S. grocery market.
Drug slows Alzheimer’s, but can it make a real difference?
An experimental Alzheimer’s drug modestly slowed the brain disease’s inevitable worsening, researchers reported Tuesday—but it remains unclear whether that will have an impact on people’s lives.
Senate vote to protect same-sex marriage reflects years-long political shift
The Respect for Marriage Act, once repassed by the House and signed by President Joe Biden, will help protect recognition of same-sex marriages, enforced by the U.S. Supreme Court’s 2015 Obergefell v. Hodges ruling, against future legal challenges.
Greenwood man gets 6 years in federal prison for embezzling $14M
Investigators say Daniel Fruits used embezzled money to purchase two Ferraris, a Corvette, a show horse, multiple Rolex watches, firearms and high-end escort services.
Thanksgiving air travel lagged 2019 despite rebound in flying
Major carriers United Airlines Holdings Inc., Delta Air Lines Inc. and American Airlines Group Inc. said they had relatively smooth operations during the holidays, with only a handful of cancellations.
State asks Lebanon to annex 5,225 acres for LEAP district
The Indiana Economic Development Corp. and 43 Boone County landowners are asking the city of Lebanon to annex the land for a massive research and innovation park.