Stock market has worst day in months as bond yields surge
The benchmark S&P 500 index had its worst drop since May, and the tech-heavy Nasdaq had its worst drop since March.
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Green energy takes hold in unlikely places with Ford project
When Ford revealed plans to spend more than $11 billion on the fledgling electric vehicle sector, the automaker chose two states where Republican leaders have criticized the push for green energy and defended fossil fuels.
Republicans nix changes to their Indiana congressional map
The Indiana Senate elections committee voted 7-2 along party lines in favor of the Republican-drawn redistricting plan for the state’s nine congressional districts and 150 state legislative seats based on population shifts from the 2020 census.
Roots Burger Bar in Muncie growing with new restaurant in Carmel
The ownership group, headed by former Scotty’s Brewhouse owner Scott Wise, has agreed to lease a 2,500-square-foot space in a retail center that recently underwent a transformation.
Online fullfillment firm Radial planning 2,500 seasonal hires in Brownsburg
Radial, which fills online orders for dozens of retail brands, said it needed the temporary help it pick, sort, pack and ship an upcoming surge in holiday orders.
Key senators to meet with Biden in talks to trim $3.5T
Sens. Joe Manchin D-W.Va., and Sen. Kyrsten Sinema, D-Ariz., are linchpins for the final package—two centrist lawmakers who have balked at the price tag and are now under pressure to show Biden what amount they could live with.
Group tackling housing affordability on near-north side with $15.5M apartment project
The development at 22nd Street would keep rents low for tenants while providing nearly free space for initiatives focusing on career building, mental health and substance abuse.
High Alpha’s newest company offers concierge service to online shoppers
Humankind offers its customers–retailers like Saucony, TaylorMade Golf Co. and others–a way to connect with online customers and offer custom product recommendations.
After months-long fight, Fall Creek Place affordable housing complex approved
The City-County Council on Monday evening approved rezoning for a mixed-use, affordable housing project set for Fall Creek Place, overturning a Metropolitan Development Commission denial and ending months of pushback from some residents.
Indy Council OKs $25M in bonds for city parks projects
The projects are part of the Circle City Forward infrastructure initiative announced by Mayor Joe Hogsett in February.
State: Unvaccinated make up huge percentage of COVID deaths, hospitalizations
The latest statistics from the state department of health show that 59.2% of Indiana residents 18 and older are now fully vaccinated.
Pike Township cancels in-person school due to bus driver absences
Superintendent Flora Reichanadter tweeted that a confluence of driver illness, planned medical leave, and the general shortage of bus drivers led to many routes without drivers.
GOP blocks bill to keep government operating; new try ahead
With days to go, Democrats said they will try again before Thursday’s deadline to pass a bill funding government operations past the Sept. 30 fiscal year end.
Powell says spike in inflation lasting longer than expected
Federal Reserve Chairman Jerome Powell said that the unprecedented process of reopening the economy after the COVID shutdowns has resulted in a number of problems that could continue in coming months.
Critics say Indiana redistricting dilutes minority influence
Critics assailed the proposed new Indiana congressional and legislative districts on Monday as rigged in favor of Republicans.
Here’s why coffee prices could be heading up
As if a cup of coffee wasn’t expensive enough, a confluence of factors is driving up farmers’ costs to grow the beans and it could begin filtering down to your local cafe before the end of the year.
Franciscan Health gives employees until Nov. 15 to get fully vaccinated
The Catholic hospital system is stepping up its vaccination mandate for employees, telling them they must get their first dose by Oct. 15 and their second dose by Nov. 15, or submit to weekly testing.
Fishers District retail area, apartments sold to Chicago firm in ‘landmark’ deal
Developer Thompson Thrift, which began planning the $110 million development in 2015, sold the property in a deal that brokers said “attracted nationwide investor interest and achieved record-breaking pricing.”
Hot-chicken restaurant chain to nest on Mass Ave
The downtown restaurant is part of a larger plan by a Fort Wayne-based group of franchisees to open several locations in central Indiana.
Former Rep. Messer jumps to Bose Public Affairs Group
Luke Messer has left law firm Faegre Drinker to join Indianapolis-based Bose Public Affairs Group LLC, where he will counsel corporate clients in Indiana and in Washington, D.C., on governmental matters.