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UPDATE: IEDC board allows Elevate Ventures to continue investment activity

September 24, 2025 | Susan Orr

The move came hours after Gov. Mike Braun—whose administration last spring froze funding for the nonprofit—made an unscheduled appearance at Elevate’s Rally innovation conference.

2025 Innovate East Central Indiana – Muncie

US cuts tariffs on EU-made cars to 15%, cementing trade terms

September 24, 2025 | Bloomberg News

The U.S. lowered tariffs on auto imports from the European Union to 15% retroactive to Aug. 1, cementing terms of the framework trade agreement the two sides struck almost two months ago.

‘Shark Tank’ star: US falling behind in global race for AI dominance

September 24, 2025 | Daniel Bradley

Kevin O’Leary, a regular on the ABC show “Shark Tank” known as “Mr. Wonderful,” took the stage Wednesday for a fireside chat on Day 1 of the Rally innovation conference.

Nancy Leonard, matriarch of the Indiana Pacers, dies at 93

September 24, 2025 | IBJ Staff

Nancy Leonard is credited with the idea and the organization of a telethon in 1977 to sell enough season tickets to keep the Pacers afloat when the franchise was on the verge of financial ruin.

Indiana interim courts committee concludes without recommendations

September 24, 2025 | Whitney Downard, Indiana Capital Chronicle

After meeting for just over three cumulative hours this year, the interim courts committee came to a close Tuesday without making any recommendations on its assigned topic: medical debt. 

Roche’s FDA-approved vitamin D test clears way for diagnostic growth

September 24, 2025 | Daniel Lee

The new vitamin D test, to be distributed from the Swiss-based company’s Indianapolis hub, is the first such test using a mass spectrometry-based system to receive regulatory approval in the U.S.

Aces even WNBA semifinal series at 1-1 with blowout win over Fever

September 24, 2025 | Associated Press

The best-of-five series heads to Gainbridge Fieldhouse in Indianapolis, where Game 3 is set for Friday night at 7:30 and Game 4 is scheduled for Sunday at 3 p.m.

Jury returns $83M asbestos verdict against Indianapolis clay manufacturer

September 23, 2025 | Maura Johnson, Indiana Lawyer and IBJ Staff

The verdict against American Art Clay Co. includes $60 million in punitive damages

Major League Baseball to use robot umpires for ball-strike challenges

September 23, 2025 | Associated Press

The system has been in use at many Minor League Baseball parks since 2023, including at Victory Field in Indianapolis for Indians games.

Braun calls for IURC board applicants, places energy bills front and center on policy agenda

September 23, 2025 | Marek Mazurek

Gov. Mike Braun’s call for Indiana Utility Regulatory Commission applicants comes as Indiana ratepayers have seen a steep rise in electric bills and large power users like data centers flock to the Hoosier State.

Indiana Statehouse

IU group among finalists for up to $160M to develop musculoskeletal health hub

September 23, 2025 | IBJ Staff

The goal of the National Science Foundation’s Engines program is to grow regional innovation ecosystems.

NCAA announces Final Four-related events scheduled for Indy

September 23, 2025 | IBJ Staff

The fan-friendly events are scheduled to take place in conjunction with the 2026 Men’s Final Four basketball tournament in Indianapolis.

Eli Lilly plans to make highly anticipated weight-loss pill at new $6.5B Texas plant

September 23, 2025 | Daniel Lee

The $6.5 billion Houston-area plant is part of the drugmaker’s commitment to add four U.S. manufacturing sites through a $27 billion reshoring investment unveiled early this year.

Braun says Trump administration has not threatened state’s federal funding over redistricting

September 23, 2025 | Marek Mazurek

Still, Trump administration officials have been pushing Indiana Republicans to call a special session focused on redistricting. Most notably, Vice President J.D. Vance traveled to Indianapolis to speak with Braun.

Powell signals Federal Reserve to move slowly on interest rate cuts

September 23, 2025 | Associated Press

Jerome Powell’s approach is in sharp contrast to some members of the Fed’s rate-setting committee who are pushing for faster cuts.

IndyGo planning new bus docking bays by Carson Transit Center, eliminating street parking

September 23, 2025 | Mickey Shuey

The canopied platform for rapid-transit buses along East Washington Street will be long enough to accommodate two 60-foot articulated buses.

Rokita advises it would be ‘wise’ to remove teachers who express support for political violence

September 23, 2025 | Niki Kelly, Indiana Capital Chronicle

In a memo, the Indiana attorney general said, as a legal matter, schools have substantial authority to punish educators for divisive or controversial speech.

CVS Health subsidiary Omnicare files for bankruptcy protection

September 23, 2025 | Associated Press

The filing comes two months after the long-term care business was ordered to pay $949 million when a federal court found it liable for filing fraudulent claims for some prescription drugs.

Noblesville lands USA Gymnastics headquarters, training facility

September 23, 2025 | Mickey Shuey

The national sports governing body, which has been based in Indianapolis since 1983, could move to the new facility by the end of 2028.

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