Indiana stocks fare better than most this year
At the close of trading June 24, Bloomberg’s Indiana Index was trading at $375.30, up 0.55% from the beginning of the year. The S&P 500 was down 18.45% and the tech-heavy Nasdaq was down 26.59%.
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One year into NIL era, fresh questions about its future
The first year of the NIL era in college sports evolved into almost everything the NCAA didn’t want when it gave the green light for athletes to cash in on their celebrity. Industry experts say something must be done to keep college sports from going off the rails.
Ascension St. Vincent closes Noblesville ‘neighborhood hospital’
Ascension St. Vincent closed the facility just five years after opening it as the first in a new model of tiny hospitals around central Indiana.
State report shows 8.5% increase in abortions in 2021
Drug-induced abortions in 2021 comprised about 56% of Indiana abortions, a slight increase from 2020.
Potential Kohl’s sale falls apart in shaky retail environment
Kohl’s shares tumbled as much as 20%, to $28.50 each, Friday morning, their biggest drop since March 2020. The stock had already fallen 28% so far this year through Thursday’s close.
Chip shortage leaves 95K GM vehicles incomplete in storage
The chip shortage has limited the supply of new vehicles on dealer lots in the U.S. to about 1 million, when in normal years it’s about 4 million at any given time.
Canadian campaign aims to lure Hoosier tech companies
A campaign launched last week by a Windsor, Ontario-based economic development organization is targeting small- to medium-sized tech companies in Indiana and three other midwestern states. The goal is to get them to expand or relocate into Windsor.
How should Indiana businesses respond to abortion debate? Very carefully, some say
Learn how Indiana business leaders are responding—or not—to the U.S. Supreme Court’s decision to overturn Roe v. Wade.
Ohio-based behavioral health provider plans $6M Indianapolis facility
The renovated facility will be called Ethan Crossing of Indianapolis and feature a 42-bed hospital and inpatient behavioral health unit as well as a 46-bed residential Substance Use Disorder, or SUD, unit.
Some medical debt being removed from U.S. credit reports
Starting Friday, the three major U.S. credit reporting companies will stop counting paid medical debt on the reports that banks, potential landlords and others use to judge creditworthiness.
All eyes on airlines as July Fourth holiday weekend nears
Airlines that have stumbled badly over the last two holidays face their biggest test yet of whether they can handle big crowds when July Fourth travelers mob the nation’s airports this weekend.
From stocks to crypto, a punishing six months for investors
The S&P 500, Wall Street’s broad benchmark for many stock funds, closed the first half of 2022 with a loss of more than 20% after starting the year at an all-time high. It’s the worst start to a year since 1970, when Apple and Microsoft had yet to be founded.
Indiana governor says no ‘red lines’ on possible abortion legislation
Indiana Gov. Eric Holcomb said Thursday he’ll sign any abortion-restricting measures that make it to his desk during the upcoming special legislative session.
Supreme Court decision might slow transition to cleaner energy
The Supreme Court ruling limiting the Environmental Protection Agency’s authority to regulate greenhouse gas emissions from power plants could have far-reaching consequences for the energy sector.
UPDATE: Big Ten votes to add USC, UCLA as members starting in 2024
The expansion to 16 teams will happen after the Pacific-12 Conference’s current media rights contracts with Fox and ESPN expire, and make the Big Ten the first college sports conference to stretch from the Atlantic to the Pacific.
Two CEOs say they didn’t sign off on abortion-rights letter
Two local business leaders say they did not authorize the use of their names on a letter asking Gov. Eric Holcomb to work to protect the reproductive rights of Indiana women as lawmakers prepare to consider abortion restrictions at the governor’s urging.
Updated Eiteljorg galleries reframe the context of Native art
The $6 million upgrade of the Eiteljorg’ second floor exhibition space focuses on themes of Relation, Continuation and Innovation.
Jackson sworn in, becomes first Black woman on Supreme Court
Ketanji Brown Jackson is joining three other women, Justices Sonia Sotomayor, Elena Kagan and Amy Coney Barrett—the first time four women will serve together on the nine-member court.
Indianapolis law firm gets $518K from Holcomb-legislature fight
Gov. Eric Holcomb’s administration contracted the law firm to challenge House Enrolled Act 1123, which was passed over the governor’s April 2021 veto and would have enabled the legislature to call itself into special session.
Key inflation gauge tracked by the Fed remains a high 6.3%
Thursday’s report from the Commerce Department provided the latest evidence that painfully high inflation is pressuring American households and inflicting particular harm on low-income families and people of color.