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Lilly stock skyrockets, raising profile of city’s life sciences sector

August 18, 2023 | John Russell

The pharmaceutical company has launched 20 drugs in the past decade to treat diseases from arthritis and psoriasis to diabetes and cancer. In recent months, Lilly has overtaken every competitor to become the most valuable drugmaker in the world.

Dan Peterson: New opportunities for a healthier Indiana are in front of us

August 18, 2023 | Dan Peterson

Legislators have unleashed significant resources to enhance mental and community health services in our 92 counties. These moves will help doctors address health challenges faced by their patients before it’s too late.

UAW to vote on strike authorization next week as president says talks with Detroit 3 moving slowly

August 15, 2023 | Associated Press

Union President Shawn Fain has set high expectations for the contract talks and says the union will seek more than 40% general pay raises over four years

Hogsett introduces $1.6B city-county budget proposal for 2024 with another record IMPD investment

August 15, 2023 | Taylor Wooten

Indianapolis Mayor Joe Hogsett’s proposed 2024 budget—the first without additional federal COVID-19 funding since 2019—includes record funding for the Indianapolis Metropolitan Police Department, increased investment into anti-violence programs and a further increase in capital infrastructure projects.

Chris Leeuw: Partners to offer needed services at former Five Seasons

August 11, 2023 | Chris Leeuw

The building will be transformed with an altruistic purpose—to provide affordable, longer-term access to neuro rehabilitation outside the boundaries of the high-cost health care system.

Tensions rise in UAW contract talks with Stellantis as strike threat looms

August 8, 2023 | Associated Press

The union is seeking more than 40% general pay raises over four years, restoration of pensions for newer hires, cost-of-living increases, an end to wage tiers, and other benefits.

Purdue board OKs new $12M airport terminal, 900-bed residence hall

August 7, 2023 | Alex Brown, Inside INdiana Business

Rob Wynkoop, vice president of auxiliary services at Purdue, said the university has been actively exploring the return of commercial air service to the airport.

EPA’s ambitious plan to cut auto emissions runs into skepticism

August 6, 2023 | Associated Press

The U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces uncertainty over both about how realistic it is and whether it goes far enough.

Inaugural Rally conference aims to draw innovators

August 4, 2023 | Susan Orr

The Aug. 29-31 event at the Indiana Convention Center will have 220 speakers, five pitch competitions offering up to $5 million in total prize money, and hundreds of meetings between entrepreneurs and investors representing multiple industries.

AES Indiana says state storm outage investigation not warranted

August 2, 2023 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”

UAW to show list of economic demands to automakers this week

August 1, 2023 | Associated Press

The United Auto Workers union will present a long list to General Motors, Ford and Stellantis when it delivers economic demands to the companies this week, the union’s president says.

Developers revise plan for controversial $61M residential project north of Broad Ripple

August 1, 2023 | Mickey Shuey

The owners of Willows Event Center on Spirit Lake are reviving efforts to redevelop the site with apartments and townhouses, almost a year after withdrawing their proposal amid pushback from neighbors.

Some renters might get relief from biggest apartment construction boom in decades

July 31, 2023 | Associated Press

Some economists project U.S. rents will be down modestly this year after soaring nearly 25% over the past four years, but the trend will likely be little comfort for many U.S. renters.

Mark Montieth: He’s come full circle

July 28, 2023 | Mark Montieth

Howard Kellman’s broadcast journey, built on initiative, hustle and postage stamps, can go toe-to-toe with nearly anyone’s.

Push to shape future of Indiana forests draws backlash

July 27, 2023 | Marissa Meador, Indiana Capital Chronicle

For decades, Hoosier activists have been fighting what they view as improper forest management plans by government agencies like the U.S. Forest Service, even as both agencies claim to be doing what is best for the state’s forests.

Car buyers bear heavy burden as Federal Reserve keeps raising rates

July 26, 2023 | Associated Press

A study by the New York Federal Reserve has found that 14% of applicants for auto loans were rejected over the past year—the highest such proportion since the New York Fed began tracking the figure in 2013.

Chevy Bolt EV returning to market, months after GM scrapped it

July 25, 2023 | The Washington Post

Demand appears to have been key. “We can’t build enough Bolts right now,” chief executive Mary Barra said during the company’s quarterly earnings call.

Jennifer Wagner Chartier: We can’t operate in a vacuum while we plan for future

July 21, 2023 | Jennifer Wagner Chartier/ Special to IBJ

In a recent ranking of 100 suburbs, Carmel, Fishers and Noblesville were rated three out of the top five safest communities in the nation.

More Hoosiers opting to unretire

July 21, 2023 | Peter Blanchard

A strong stock market in the first 18 months of the pandemic boosted the retirement earnings of many Americans, helping to spur the “Great Retirement Boom.” Inflation and others factors have since sent some older Americans back to work.

Local Imax just one of 30 that can show ‘Oppenheimer’ as director intended

July 21, 2023 | Mickey Shuey

Unlike the digital projection of many movies today, “Oppenheimer” at the museum will be shown from actual 70mm Imax film.

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