Federal Reserve cuts key rate, yet Powell says future reductions are not locked in
Chair Jerome Powell said in a news conference that another rate cut in December was “not a foregone conclusion.”
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IURC approves settlement for Duke to consider selling coal units to 3rd party
Under the agreement, Duke Energy would be able to solicit interest in the existing coal units at its Cayuga Generating Station after two proposed gas units are placed in service in 2029 and 2030.
Indiana lawmakers still working out logistics of special session, won’t meet Nov. 3
Per Indiana Code, legislators have up to 40 calendar days to conduct business in a special session.
Marco Andretti retires from racing, ending era for Andretti family at Indy 500
Next year’s Indianapolis 500 will not have an Andretti in the field for the first time since 2005.
White House says deal to put TikTok under US ownership could be finalized Thursday
If it happens, the deal would mark the end of months of uncertainty about the fate of the popular video-sharing platform in the United States.
Beyond redistricting: Indiana’s special session to tackle tax update, too
Indiana lawmakers could use the upcoming special session not only to draw new legislative maps but also to head off what tax experts call impending “chaos” for taxpayers and businesses.
Customs office planned at Indianapolis Executive Airport in Zionsville
Having a U.S. Customs and Border Protection office would allow international flights to land at the airport, which has a 7,001-foot runway and is the fifth-busiest non-towered general aviation airport for business traffic in the United States.
Chipmaker Nvidia becomes first $5 trillion company
Nvidia’s value is greater than the GDP of India, Japan and the United Kingdom, according to the International Monetary Fund.
Lilly expands Zepbound direct-to-patient access through Walmart partnership
Through its LillyDirect pharmacy, Eli Lilly plans to offer steep discounts on single-dose vials of Zepbound by partnering with the nation’s largest retail chain.
Lilly plans $1.2B expansion in Puerto Rico, adding 100 manufacturing jobs
Indianapolis-based Eli Lilly and Co. said the improved facility in Carolina, Puerto Rico, will make orforglipron, Lilly’s highly anticipated weight loss pill.
Owner of Indianapolis treatment center charged in $2.7M Medicaid fraud case
Kevin Calvert, 57, was charged with 43 counts of Medicaid fraud and an additional count of theft following an investigation by the attorney general’s Medicaid Fraud Control Unit.
City-County Council leaders seek third-party review for city HR complaints
Council leaders say they want a third party to investigate human resources complaints at the City-County Building, but steps on how that would happen are far from being worked out.
White River State Park leader retiring ‘in coming months’
Terry Seitz, a former four-term mayor of Jasper, has informed Gov. Mike Braun of his plan to retire from the role of executive director.
Lilly, Nvidia team up to build pharma’s ‘most powerful’ supercomputer
The Indianapolis-based drugmaker said the supercomputer will power an “AI factory” designed to accelerate drug discovery and development.
IPS considers selling John Marshall school building for $350,000
The deal is contingent on whether the district can successfully petition the city to rezone the property for special commercial use.
NCAA delays rule change permitting college athletes to bet on professional sports
The delay comes less than a week after an NBA coach and player were arrested in a takedown of two sprawling gambling operations that authorities said leaked inside information about NBA athletes.
Beckwith’s office under investigation over AI video of lawmaker’s wife, alleged ghost employment
A report from the Marion County Grand Jury states the body met twice—on Aug. 18 and Sept. 30—to review evidence involving Indiana Lt. Gov. Micah Beckwith’s office.
National FFA extends convention commitment to Indy until at least 2040
The announcement was made during the kickoff event for the 98th National FFA Convention & Expo, which is expected to bring more than 71,000 FFA members, advisers, alumni and supporters to Indianapolis from across the country.
Reis-Nichols Jewelers to open 25,000-square-foot store near Fashion Mall
The Reis-Nichols building is under construction at the former site of a TGI Fridays restaurant south of the Fashion Mall.
CEO Awards & C-Suite of the Year Awards Welcome Reception – RSVP
Please join us for an exclusive invitation-only Honoree & VIP Reception to kick off the inaugural CEO of the Year & C-Suite of the Year Awards! Tuesday, December 2 3:30 PM: Honoree & VIP Reception5:00 PM: Program6:30 PM: Cocktail Reception RSVP