Housing starts ease nationally on decline in multifamily construction
U.S. housing starts slowed in September as a drop in multifamily projects outweighed a pickup in construction of single-family dwellings.
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Wealthier Americans are driving retail spending, powering economy
It’s a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace? One key reason is a relatively simple one.
Lawrence council passes $28M budget for 2025 amid criticism
Lawrence’s tumultuous budgeting process for 2025 reached an anticlimactic ending Wednesday evening when councilors voted 7-0 to approve the $28 million budget with plans to revisit it in January.
Indiana’s nine congressional races feature six incumbents
Hoosier voters in all nine of Indiana’s congressional districts will decide their representatives for the U.S. House on general election ballots this November. New faces are guaranteed to emerge in at least a third of those races.
Report: Venture funding in state’s tech sector sank in 3Q
While not unusual for venture funding in a third quarter, the latest investments totaled a small fraction of what Indiana tech firms received in both the first and second quarters of this year.
Indiana officials ask federal government to verify citizenship of 585K registered voters
Indiana has 4,836,973 residents registered to vote, so the letter invites scrutiny of about 12% on the rolls.
Calumet lands $1.4B federal loan for renewable fuels facility
The funding, announced this week, will support the expansion of a renewable fuels facility that will produce sustainable aviation fuel, or SAF.
AES Indiana standing firm on plan to convert Petersburg power plant from coal to natural gas
AES Indiana says it remains committed to ending the use of coal at its massive Petersburg Generating Station, despite growing opposition from Republican elected officials and the coal lobby.
Indianapolis attorney resigns from bar after allegations of misconduct in immigration cases
The Supreme Court Disciplinary Commission filed a professional misconduct complaint against Grady Ray after allegations that he failed to file paperwork in a timely manner and was non-responsive to clients in three separate cases.
Netflix’s subscriber growth slows, but its profit, stock price surge
Netflix ended September with 282.7 million worldwide subscribers–far more than any other streaming service.
Washington Township School Board announces next superintendent
Sean Taylor, who currently serves as the associate superintendent, has been with the district for the past 16 years.
New book details first 80 years of architecture in Indianapolis
With a belief that older structures give a city its personality, architectural historian and historic preservation consultant James Glass spent the past four years investigating a century’s worth of Indianapolis traits.
IBJ Podcast replay: The story behind booking Taylor Swift’s tour as Indy prepares for ‘phenomenon’
In this encore presentation of the IBJ Podcast: Eric Neuburger, the director of Lucas Oil Stadium, discusses the advance work required to prepare for the shows and the staff of more than 2,000 people required to stage and host each concert.
Elevance shares tumble on reduced forecast, Medicaid woes
| John Russell and Associated Press
The Indianapolis-based health insurance giant said Thursday that its Medicaid enrollment tumbled 19% from 11 million people in last year’s third quarter.
Krieg DeVault expands in Chicago by adding smaller firm
Indianapolis-based law firm Krieg DeVault LLP is growing its footprint in the Windy City by adding Chicago firm Fuchs & Roselli Ltd. through a merger.
Developer planning 142 homes near Village of West Clay in Carmel
Clay Cottages would feature 99 single-family detached and 36 attached-paired houses priced from about $450,000 to $650,000, and seven estate-style houses that would range in cost from $1.25 million to $1.5 million.
Indy seeks developer proposals for dilapidated Central State Hospital structures
The proposal is for two dilapidated buildings left from the former mental hospital and a soon-to-be vacant facility that formerly housed horses.
Pumpkin crop ‘above average’ for 2024, Purdue prof says
Stephen Meyers says consumers in Indiana and across the country can expect an above-average pumpkin crop, both in terms of yield and quality.
