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Articles

Lilly CEO has leaders talking about whether state is doing enough to grow Indiana

April 29, 2022 | John Russell and Susan Orr and Emily Ketterer

David Ricks’ lunchtime speech to The Economic Club of Indiana—repeated on social media by those in attendance and reported by IBJ and local TV stations—has reverberated across the state.

Elon Musk spoke of possible Twitter job cuts with bankers

April 28, 2022 | The Washington Post

Musk also brought up several ideas to boost revenue for the company, such as paying “influencers” to create content, following a business model that helped make TikTok a powerhouse social media app.

In-house legal departments spending more for outside counsel expertise

April 28, 2022 | Marilyn Odendahl / The Indiana Lawyer

The Corporate Legal Operations Consortium’s 2021 State of the Industry Survey found spending on outside law firms nearly doubled from the previous year.

Fishers man accused of selling $230M in dubious financial products

April 22, 2022 | Susan Orr

The depth of the situation came to light after Robyn Dale “Rob” Whitlow, 51, filed for Chapter 7 bankruptcy protection late last month, declaring personal assets of $45,305, balanced against liabilities of just more than $2 million.

Marty Wood: Hospitals should provide more transparency in pricing

April 15, 2022 | Marty Wood

Health insurers must publicly file rates with the Indiana Department of Insurance and those filings must outline all aspects of what goes into the rates, including profit. Nowhere can that same information be found for hospitals because they are unregulated.

Anthem pays $4.5M to Indiana hospitals in ER billing dispute

April 15, 2022 | John Russell

An arbitrator ordered the payments, and the hospitals say they can claim at least another $12 million from Anthem for tens of thousands of additional claims that it says the insurer has downgraded and not paid in full.

Former state senator Waltz pleads guilty to felony campaign finance violations

April 11, 2022 | IBJ Staff

Former state Sen. Brent Waltz pleaded guilty on Monday to two felonies related to an FBI investigation into his role in receiving illegal campaign donations from a casino.

Long COVID accelerating revolution in medical research

April 3, 2022 | The Washington Post

The government estimates that between 7.7 and 23 million people may already have long COVID.

Battle heats up over remaining federal rental assistance

April 3, 2022 | Associated Press

The debate is playing out across the country as the Treasury Department begins reallocating some of the $46.5 billion in rental assistance from places slow to spend to others that are running out of funds.

NCAA president decries pace of basketball investigations

March 31, 2022 | Associated Press

This year’s NCAA Tournament could be tainted should Kansas win the national championship and subsequently have an unfavorable decision come down in a now half-decade-old investigation.

City ponders coordinating redevelopment of multiple downtown sites

March 11, 2022 | Mickey Shuey

Roughly 17-1/2 acres of city-owned property in various stages of the redevelopment process have developers chomping at the bit to make their mark on the city’s skyline.

Q&A: Haughville native to launch restaurant incubator

March 11, 2022 | Samm Quinn

Aaron Williams, a Zionsville resident and client executive at Google, is planning to launch a shared kitchen and events center with his wife in Haughville this summer.

Congress passes bill to shore up Postal Service, delivery

March 8, 2022 | Associated Press

Congress mustered rare bipartisan support for the Postal Service package, dropping some of the more controversial proposals to settle on core ways to save the service and ensure its future operations.

New offices for the hybrid era? Many companies are on board

March 5, 2022 | Associated Press

Businesses recognize there is a place for offices despite the fact that they plan to give workers more flexibility to work from home.

IRS rushes to hire 10,000 workers but giant backlog expected to persist

March 3, 2022 | The Washington Post

A government official said the IRS does not expect to resolve the backlog until the end of 2022. But it hopes the hiring surge, the largest at the IRS in decades, will galvanize a strong response to the mountain of unprocessed paperwork at the agency.

White House unveils new COVID plan, says shutdowns, school closures unnecessary

March 3, 2022 | The Washington Post

The 96-page road map is part of a broader White House strategy to move the country from crisis footing and convince Americans that their lives can return to normal amid the president’s tanking approval ratings.

Powell tells Congress that Fed will raise rates this month

March 2, 2022 | Associated Press

Chairman Jerome Powell said Wednesday that he supports a traditional quarter-point increase in the Federal Reserve’s benchmark short-term interest rate when the Fed meets later this month, rather than a larger increase that some of its policymakers have proposed.

Cook Medical legal battle one of largest in state history

February 25, 2022 | John Russell

The medical-device maker is vigorously defending itself against a mountain of lawsuits that claim its inferior vena cava (IVC) filters, designed to catch blood clots, are unsafe.

New City-County Council committee to strike a greener path

February 25, 2022 | Leslie Bonilla Muñiz

The panel plans to focus first on urban forests and parklands, then recycling and solid waste, then equitable health and infrastructure investments.

As city boosts spending on anti-crime grants, some call for more accountability

February 18, 2022 | Leslie Bonilla Muñiz

Indianapolis has put more than $30 million into about 600 grants since 2009, when it launched what’s now called the Violent Crime Prevention Grants Program.

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