Carmel City Council passes 35% water rate hike, 20% sewer rate increase
City officials said the hikes were necessary to pay restructured debt on the consolidation of Carmel’s water services and for future expansions of sewer lines.
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Point Biopharma shares sink 11% on study results; Lilly acquisition still up in air
Results of a clinical trial for Point Biopharma’s lead compound fell short of analysts’ expectations, and that development is likely to pressure its investors to decide whether to agree to sell the company to Eli Lilly and Co. for $1.4 billion.
Outgoing Zionsville mayor issues 5 vetoes, but town council overrides 2 of them
Mayor Emily Styron objected to the council’s plans for spending money made available through the American Rescue Plan Act.
White plaintiffs attack federal programs that presume racial disadvantage
The Minority Business Development Agency is one of several federal programs under siege over a fundamental assumption ingrained in Washington policy: that certain racial and ethnic groups are inherently disadvantaged
Why aren’t Hoosier kids showing up to school—and how can Indiana lawmakers help?
Legislators’ efforts to improve student literacy and career readiness could end up fruitless if the state can’t solve another issue plaguing schools: Hoosier kids aren’t showing up to the classroom.
Southwest Airlines reaches $140M settlement over holiday meltdown last year
The airline will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights.
Penn State close to hiring former IU coach Tom Allen as defensive coordinator, sources say
Penn State coach James Franklin is looking for a replacement for Manny Diaz, who spent the last two seasons as defensive coordinator before leaving earlier this month to become head coach at Duke.
US Steel to be acquired for more than $14B by Nippon Steel
U.S. Steel founded the city of Gary with its Gary Works operation that at one time employed some 30,000 people. The steelmaker also operates the Midwest Plant in Portage. Nippon has subsidiary operations in the Indiana cities of Seymour, South Bend and Shelbyville.
IBJ Podcast: ‘We’re survivors’—how the founders of Clancy’s Hamburgers and Grindstone Charley’s evolved to The Fountain Room
The story of Clancy’s Hospitality in many ways is the story of the central Indiana restaurant industry.
Federal Reserve on cusp of what some thought impossible: Defeating inflation without steep recession
The economy keeps growing, defying widespread fears from a year ago that 2023 would bring a recession, a consequence of the much higher borrowing rates the Fed engineered.
Office holiday parties shun booze and tinsel, push guac and pickleball
In the name of inclusivity, business leaders are opting for year-end celebrations cut totally free from seasonal connotations. And dropping liquor reduces the potential for unprofessional behavior.
Families say autism therapy helped their kids, but Indiana’s Medicaid cuts could put it out of reach
Providers of the therapy say the new rates are not enough to keep them running and are far below the previous statewide average of $97 per hour.
Indianapolis police chief to step down at year’s end for another role in department
Indianapolis Police Chief Randal Taylor said Friday that he had planned to serve as chief for two more years, but that after reflecting on the toll the job has taken, he didn’t think he could last that long.
Two Chicks District Co. shop shifting from Bates-Hendricks to Noblesville
“Good Bones” co-star Mina Starsiak Hawk credits a business owner in Noblesville for successfully promoting the suburb.
Walgreens closes medical clinics in Indiana, causing headaches for patients and doctors
VillageMD, a subsidiary of Chicago-based pharmacy giant Walgreens Boots Alliance, is closing more than 60 primary care clinics in five markets, including nine practices in northern Indiana and four in central Indiana.
Detroit-style pizzas are new career for NFL SkyCam crew leader
Three years after making its debut as a popular pizza pop-up, Sam’s Square Pie plans to open in January as a full-fledged restaurant near the intersection of East 10th and Rural streets.
City ramps up climate staff amid weather concerns
Indianapolis officials say they are preparing for more severe weather in the years to come as climate-change events threaten to overwhelm the stormwater drainage system and pose other problems.
Boone County looks to control growth in rural areas
Boone County is looking to control its destiny as the Indiana Economic Development Corp. plans the 9,000-acre LEAP Research and Innovation District northwest of Lebanon.
Indianapolis tech startup Arrive to go public via merger
Indianapolis-based Arrive, which did business as DroneDek until a rebranding earlier this year, offers smart mailboxes for package delivery.
State lawmaker surveys show education, fiscal issues top concerns
Aside from those two broad areas of concern, questions on constituent surveys ran the gamut from health care and broadband to farmland policies and Ohio River tolls, reflecting the individual focuses of each lawmaker.