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Articles

Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport

September 13, 2024 | Mickey Shuey

Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.

A tale of two stores

September 13, 2024 | Taylor Wooten

Nearly a year after opening, though, Indy Fresh Market isn’t profitable; instead it is being propped up by corporate partners Goodwill of Central & Southern Indiana and Cook Medical.

State agencies spent $5 million on travel in 2024 fiscal year

September 9, 2024 | Mia Hilkowitz, Indiana Capital Chronicle

The top spenders mostly covered in-state travel for facility visits, conferences and inspections.

Fishers startup prepares to go public

September 6, 2024 | John Russell

Four-year-old Novusterra Inc. is planning an initial public offering within 90 days and hopes to be approved to trade on the OTCQB Venture Market, often used by companies that are still developing.

Former Indiana DCS attorney suspended for forging signatures

September 4, 2024 | Alexa Shrake, Indiana Lawyer

The Indiana Supreme Court issued a disciplinary order against Robert T. Miller for forging family case managers’ names to child in need of services petitions.

Federal judge rules FSSA must provide modified relief for families in attendant care lawsuit

September 3, 2024 | Whitney Downard, Indiana Capital Chronicle

In August’s hearing, all parties acknowledged a statewide nursing shortage that made such services difficult to obtain.

As AES Indiana abandons coal, capacity questions arise

August 23, 2024 | John Russell

If all goes to schedule, the huge power plant about 125 miles southwest of Indianapolis will convert to natural gas and burn its last load of coal by the end of 2026.

U.S. antitrust case alleges rent collusion enabled by tech firm’s software

August 23, 2024 | The Washington Post

The lawsuit is among the Justice Department’s first major enforcement actions in which software is being alleged as the primary means of collusion.

Attorney shortage commission makes budgetary, legislative recommendations

August 16, 2024 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

More than half of Indiana’s 92 counties are considered “legal deserts,” defined as less than one lawyer per 1,000 residents, according to the American Bar Association.

Wrongful death suit against Disney serves as warning to consumers when clicking ‘I agree’

August 16, 2024 | Associated Press

Disney is arguing that a wrongful death lawsuit against Walt Disney Parks and Resorts should be dropped because the plaintiff, the woman’s husband, once signed up for a trial subscription of the Disney+ streaming service.

FTC ban on noncompete agreements comes under legal attack

August 14, 2024 | Associated Press

Some companies say a new rule created by the Federal Trade Commission will make it hard to protect trade secrets and investments they make in their employees.

Proposed Medicare cuts put squeeze on doctors

August 9, 2024 | John Russell

Last month, the federal Medicare program proposed a 2.9% cut to physician pay for 2025. That marked the fifth straight year that regulators proposed cutting payments to doctors for thousands of services, from stitching a wound to replacing a knee.

Charitable care from Hoosier not-for-profit hospitals remains stagnant while revenue increases

August 5, 2024 | Ryan Murphy, Indiana Capital Chronicle

Meanwhile, health care systems continue to send thousands of Hoosiers to court over unpaid sums as small as $250.

Tips for workers seeing a raise—and for managers considering the request

August 2, 2024 | Lesley Weidenbener

Information is the key to a confident and successful negotiation for both sides, experts say.

Garrett Mintz: We need to change how we approach business development

July 26, 2024 | Garrett Mintz

With the tightening of spending by companies and increased private-equity scrutiny around how budgets are spent, I believe a gap is widening between business development professionals who understand this information and those who don’t.

Work to empty troubled complex nears end

July 26, 2024 | Taylor Wooten

After years of neighborhood strife, the administration of Mayor Joe Hogsett last year began demolishing portions of the cluster of 258 housing units and is in the process of relocating other Towne & Terrace residents.

State AGs ramp up scrutiny of alleged price-fixing in rental housing

July 26, 2024 | Robbie Sequeira, Indiana Capital Chronicle

In the past two years, more than 30 lawsuits have been filed in federal and state courts alleging that companies such as RealPage and Yardi are equipping corporate landlords with software algorithms that allow competitors to collude on rental housing prices.

Big Tech says AI is booming, but Wall Street is starting to see a bubble

July 24, 2024 | The Washington Post

A growing number of Wall Street analysts and tech investors are beginning to sound the alarm about the immense amount of money that is being poured into artificial intelligence by Big Tech companies, stock market investors and venture-capital firms.

Secret Service director stepping down after assassination attempt against ex-President Trump at rally

July 23, 2024 | Associated Press

Kimberly Cheatle’s resignation comes a day after she appeared before a congressional committee and was berated by hours by both Democrats and Republicans for the security failures.

Proposed Indy ordinance aims to rein in unwanted dog population

July 16, 2024 | Taylor Wooten

Under the proposal, Indianapolis residents with one or more dogs that can be bred would be required to sign up for the registry and abide by a set of animal care guidelines.

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