With its triple-tax benefits, the humble HSA emerges as a retirement savings powerhouse
Increasingly, benefits brokers and personal-finance experts are advising people use cash to pay for health care and investing the HSA funds for decades.
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NBA weekend could be All-Star shot for downtown
Brokers are filling vacant retail spaces with corporate parties, personal events and an assortment of fan-focused pop-ups. They hope the crowds will want to return later for a fun night, a nice dinner or even office or residential space.
Author John Green’s current chapter is focused on a healthier human race
Green’s new journey to becoming a leading advocate for wiping out tuberculosis worldwide has its roots in another of his philanthropic interests: the health of mothers and infants in Sierra Leone.
New Purdue appointee says university has global role
Named as a fellow to the Daniels School of Business, former World Bank President David Malpass said the “world would benefit from Purdue’s engagement … in terms of its expertise in business, in semiconductors, in climate science, in engineering.”
Indiana wholesalers fight over surging ready-to-drink cocktail market
Beer wholesalers want the ability to sell liquor-based ready-to-drink cocktails in Indiana, an increasingly popular line that liquor and wine wholesalers want to keep for themselves.
Indiana FSSA agency bill dies after proposed Medicaid amendments
An agency bill that passed unanimously out of committee died Thursday in an unusual move following the addition of several bipartisan amendments seeking transparency and accountability on a $1 billion Medicaid funding shortfall.
Self-funding prominent in campaign contributions for some congressional candidates
Dozens more congressional candidates filed their latest quarterly reports with the Federal Election Commission ahead of a Wednesday deadline, detailing contributions to their campaigns and how they spent the money.
Lawmakers consider protections for kid-run lemonade stands
A bill in the Indiana House would ban local regulations on lemonade stands, making it easier for children to operate such small enterprises without fear of running afoul of the law.
U.S. employers added surprisingly robust 353,000 jobs in January
Wages rose unexpectedly fast in January, too. The strong hiring and wage growth could complicate or delay the Federal Reserve’s intention to start cutting interest rates later this year.
Andretti SPAC’s shareholders to vote on proposed merger with AI firm
If Andretti Acquisition Corp.’s shareholders approve the merger, the deal is expected to close shortly after the vote, and shares of the combined company will begin trading on the New York Stock Exchange.
Senate passes reading skills bill despite bipartisan concerns
The bill would require schools to administer the statewide literacy test—IREAD—in second grade, a year earlier than current requirements. It also would give students three chances to pass the exam during third grade before being denied promotion to fourth grade, with some exceptions.
Senate passes IEDC land notification bill as water regulation attempts die
Indiana’s Senate on Thursday approved a bill forcing the state’s economic development entity to disclose large land buys. Legislation on chaplains in schools, mobile integrated health programs, farmland ownership and school referenda also passed the Legislature’s chambers.
Local branches of Special Olympics, Boys & Girls Club selected as beneficiaries for All-Star Game
Each program is guaranteed to receive at least $100,000, with the organization represented by the winning team receiving an additional $240,000.
NCAA generates nearly $1.3B in revenue for 2022-23; Division I payouts reach $669M
The NCAA’s deal with CBS and Warner Bros. Discovery for rights to the men’s Division I basketball tournament accounts for about $900 million annually. That means March Madness brought in about 69% of the NCAA’s revenue.
Bill clarifies exemption to law requiring school districts to give closed buildings to charters for $1
Senate Bill 270 clarifies language added in the last legislative session that led to two different interpretations of the law by Indianapolis Public Schools and the state.
Paul George to screen documentary during All-Star film festival
New Slam Film Festival will commemorate 30th anniversary of basketball magazine through screenings of 15 movies.
OxyContin marketer agrees to pay $350M rather than face lawsuits
Indiana will receive more than $7.6 million from the settlement with Publicis Health to help address the opioid crisis.
Calumet Specialty Products to move HQ to Stutz campus downtown
The Indianapolis area’s sixth-largest public company plans to move 200 employees from the company’s current west-side home to the new offices.
Developers planning 188-unit apartment project in Whitestown
Brown Capital Group and Strategic Capital Partners previously partnered to develop Greenview Apartments, a 216-unit development adjacent to the future site of The Grove.
City to spend $2.1M on trail to connect justice campus to downtown
Construction on the multi-use trail began this week and is expected to be completed by the end of the year.