Jalene Hahn: Improving financial literacy is a critical task at hand
According to a survey by Standard & Poor’s, only 57% of U.S. adults are financially literate.
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Jewish Community Relations Council names new executive director
David Sklar previously served as JCRC’s director of government affairs and then assistant director before leaving in 2021 to become director of government affairs for the Alzheimer’s Association Greater Indiana Chapter.
SafeSport reopens gymnastics probe after more abuse claims
A gymnast who complained about the coaches criticized both SafeSport and Indianapolis-based USA Gymnastics for what she described as an apathetic response to her and other gymnasts’ allegations—until they resulted in bad publicity.
New Indy defense innovation summit to feature Pence as keynote speaker
Lawmakers, regional partners and sector leaders are expected to attend the two-day Midwest Defense Innovation Summit on Oct. 16-17 at the Indiana Convention Center.
Braun releases rural ag plan that calls for tax relief, new broadband program
Sen. Mike Braun, the Republican candidate for governor, partnered with conservative public policy group Hoosiers for Opportunity, Prosperity & Enterprise Inc., or HOPE, to develop his agenda.
Biden cracks down on loophole that enables tariff-free imports by Temu, Shein
Importers mainly from China have used the de minimis exemption for shipments of $800 or less to flood the U.S. market.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Braun, Young join effort to protect farmland from foreign adversaries
The legislation would add the U.S. Secretary of Agriculture to the Committee on Foreign Investment in the United States, which can recommend that the president block or suspend any transactions with a worrisome impact on national security.
Lawsuit accuses Cummins of stealing trade secrets
California-based tech company C3.ai, which accuses Cummins of “brazen misappropriations of trade secrets and breach of contract,” said it plans to seek damages estimated at between $500 million and $1 billion.
Lennar planning two southeast-side subdivisions with 355 homes
The Franklin Township projects, Eagle Creek and Crescent Ridge, will collectively occupy nearly 200 acres.
Biden administration releases plans for new minimum tax on large companies
The new federal tax guidelines arrive in the midst of a grueling election season, the outcome of which will shape a looming partisan battle in Washington over a set of soon-expiring tax cuts adopted in 2017 under President Donald Trump.
Ferrucci signs multi-year extension with resurgent Foyt IndyCar team
The deal with Santino Ferrucci was described as a multi-year extension and announced ahead of Sunday’s season-ending IndyCar race in Nashville.
Hogsett says he has ‘no intention of stepping down’
Despite concerns over the Indianapolis mayor’s response to sex harassment allegations against his former chief of staff, Joe Hogsett said he has no plans to resign and believes he reacted appropriately to the allegations at the time they were lodged.
Iconic bass player Marcus Miller to bring ‘whole picture’ to Indy Jazz Fest
In addition to songwriting credits with Miles Davis, Luther Vandross and David Sanborn, Marcus Miller was a musical mentor to Wayman Tisdale.
IndyCar signs extension with tire supplier Firestone
The deal between Penske Entertainment, which owns the racing series, and Firestone’s parent company, Nashville-based Bridgestone Americas, extends a partnership that has been in place for 25 years.
Student loan servicer Navient reaches $120 million settlement
The settlement stems from a 2017 lawsuit brought by the bureau that casts Navient as a company that was far more concerned with its financial interests than the needs of vulnerable student loan borrowers.
OneAmerica to sell retirement plan business in deal worth up to $210M
Indianapolis-based OneAmerica Financial Inc.—the city’s largest private company—has agreed to sell its full-service retirement plan business to New York City-based Voya Financial Inc., the companies announced Wednesday.
UAW’s rift with Stellantis raises fear that some auto jobs could vanish
Anxious and angry about Stellantis’ delay, union leaders have threatened to strike, a move that could extend beyond Stellantis. Labor experts say its two Detroit-area rivals, Ford and General Motors, are watching as they weigh their own strategies
Jennifer McCormick releases plan for legalizing marijuana in Indiana
Regulated medical marijuana would be made available initially under McCormick’s plan and, eventually, recreational adult use would be legalized.
