Applications for jobless benefits fall to lowest level since September 2022
The job market has remained surprisingly resilient, with the unemployment rate staying below 4% for 23 straight months, the longest such streak since the 1960s.
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3M begins payments to service members in $6B earplug settlement
3M has started paying out its $6 billion settlement to U.S. service members who say they experienced hearing loss or other serious injuries after using faulty earplugs made by the company at its Indianapolis subsidiary.
Indiana bill calls for creation of tourism improvement districts
Under the bill, funds raised through the district could be used for capital investments in the geographic area outlined in the district or to support marketing efforts aimed at attracting more visitors to the area.
West Fork Whiskey lands funding to increase production, add facilities
West Fork this week announced a new partnership with Ouabache Investments that involves up to $18 million in capital.
Final finance reports show record spending in Indy mayoral race
Spending on the 2023 race between Mayor Joe Hogsett and Republican opponent Jefferson Shreve surpassed $20.7 million, according to final campaign finance reports filed Wednesday.
UPDATE: Pascal Siakam traded to Pacers from Raptors for 3 first-round picks, more
The high-scoring Siakam is a two-time All-NBA selection, two-time All-Star and part of the Toronto Rapters team that won the 2019 NBA title.
State lawmakers hear testimony on bill to repeal Mile Square tax
The majority of people who testified about the bill were against it, arguing that it would undo the work of corporate and civic leaders to boost perceptions of downtown in the aftermath of the pandemic and the 2020 protests for racial justice.
Indiana lawmakers advance bill to hold back more third graders who don’t pass reading test
Senate Bill 1 would reinforce the state’s policy of holding back students who fail the state’s reading test, while also requiring schools to identify and give remediation to those who are at risk of not passing the exam.
Coalition touts bills to improve consumer lending in Indiana
Hoosiers for Responsible Lending on Wednesday hosted a press conference lauding two pieces of legislation at the Statehouse that they said would significantly improve consumer lending policy in Indiana.
Governor candidates raise $18M in pricey primary run-up
Collectively, the gubernatorial candidates raised almost $18 million in 2023, making it one of the most expensive primary elections in state history.
Indiana Senate panel advances bill loosening medical prior authorizations
The bill would would prohibit health insurers from requiring prior authorization for routine medical services, federally approved prescription drugs, emergency health care and other services.
Overdraft fees could drop to as low as $3 under new White House proposal
The proposed change by the Consumer Financial Protection Bureau would potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks.
Amazon to invest in Diamond Sports as part of bankruptcy restructuring agreement
Under the terms of the restructuring agreement, Amazon will make a minority investment in Diamond and enter into a commercial arrangement to provide access to Diamond’s content via Prime Video.
UAW members overwhelmingly approve new contract with Allison Transmission
More than 81% of United Auto Workers Local 933 members voted Tuesday to ratify a new employment contract with Indianapolis-based Allison. The members had been working under the terms of a previous contract that expired in mid-November.
Report: Colts owner Irsay found unresponsive last month after suspected overdose
TMZ reported that Colts owner Jim Irsay was found in his bed, unresponsive, cold to the touch and gasping for air around 4:30 a.m. Dec. 8.
Music, visual arts highlight NBA All-Star host committee’s cultural plans
Nearly 90 public artworks will be installed to celebrate the NBA All-Star Game scheduled for Feb. 18 at Gainbridge Fieldhouse.
Motto hotel project in King Cole building delayed but still kicking, developer says
More than a year after the original projected completion, the $54 million hotel renovation project shows little evidence of progress. But work behind the scenes continues, the developer told IBJ.
Bill seeks to help local governments define decorum for public meetings
House Bill 1338, which lets municipalities define decorum and protect intervening law enforcement, passed out of the House Government and Regulatory Reform Committee unanimously and moved to the full House.
Avoid local emergency rooms for mild illness, health department urges
Hospitals in Marion County have reported a surge in patients, placing many of them at capacity, the health department said.
Supreme Court rebuffs Apple’s appeal on app payments, threatening billions in revenue
The Supreme Court on Tuesday allowed a court order to take effect that could loosen Apple’s grip on its lucrative iPhone app store.