Two-time IndyCar champ Will Power hires agent as he begins contract season with Team Penske
Power now has someone to negotiate both a new IndyCar contract as well as potential races outside the series.
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Purdue unveils first plans for $187M Academic Success Building in Indianapolis
Purdue University’s new multi-use building planned for the northwest corner of Michigan and West streets in Indianapolis is expected to rise 15 stories and open in 2027.
School districts, coalitions punch back at bill that would close their doors
A Republican-backed bill that could dissolve five Indiana school districts, including Indianapolis Public Schools, sparked backlash from advocates and district leaders who argue the legislation unfairly targets high-poverty and urban districts that primarily educate children of color.
Indiana House Republicans’ agenda includes effort to absorb disgruntled Illinois counties
House Republicans also introduced a slew of bills addressing trademark issues such as education, housing and health care.
Capital One sued by watchdog alleging bank cheated customers out of $2B
The Consumer Financial Protection Bureau said Capital One promoted 360 Savings as an account that provides one of nation’s highest interest rates, but froze its rate at a low level for at least several years, even as rates rose nationally.
NCAA seeks help from Congress, plans to dole out $1.2B to help pay settlement
NCAA President Charlie Baker is banking on the momentum college sports appears to be gaining since preliminary approval of the House settlement, which calls for schools to pay players directly for use of their name, image and likeness.
Man accused of stalking Caitlin Clark proclaims himself ‘guilty as charged’ in court appearance
Michael Thomas Lewis, 55, who was charged with felony stalking of the Indiana Fever star behaved “very erratically” in his first court appearance and, at times, appeared to be laughing and joking while noting he had not been taking his medication while jailed or while living in his car.
Third basketball player joins suit against IU, alleging sexual abuse by former team doctor
The lawsuit has been expanded to bring claims for alleged federal constitutional violations against Indiana University’s long-time head trainer for the men’s basketball program.
Inspectors find unsanitary conditions at Boar’s Head plant in Indiana
The U.S. Agriculture Department released the inspection records that documented unsanitary conditions at several Boar’s Head deli meat plants, not just the factory that was shut down after a deadly outbreak of listeria poisoning.
U.S. Attorney Zachary Myers announces resignation
Myers, who was sworn in in November 2021, grew up in Indianapolis and is the first Black person to serve as U.S. attorney for the district.
King Jugg Brewing set to redevelop former Noblesville dry cleaning property
The local brewing company plans to spend at least $4 million to renovate the existing structure, committing to an adaptive reuse of the property as part of an agreement with the city.
Jack Daniels’ Louisville parent cutting workforce, closing barrel-making plant
The company’s cutbacks come as the overall American whiskey sector faces headwinds that coincide with massive inventories of aging whiskeys that will someday reach the market.
Bill seeks to boost Indiana tourism projects through tax rebates, special districts
Under House Bill 1223, the Indiana Destination Development Corp. could soon have a few new tools to incentivize tourism development.
With TikTok ban looming, users flock to Chinese app Xiaohongshu
The TikTok alternative is the top downloaded app in the United States.
Lilly shares fall midday on lower fourth quarter revenue guidance
The company expects fourth-quarter revenue to be about $13.5 billion.
Wholesale inflation rises on higher energy costs
The overall increases were slightly less than economists had forecast. U.S. markets leapt higher immediately on the new inflation data.
Purdue buys canal-front property downtown as part of Indy expansion
Purdue’s purchase of the site—once earmarked for a large hotel and office development—is one of several moves the university has made downtown stemming from the dissolution of IUPUI last summer.
Biden signs executive order aimed at growing AI infrastructure in U.S.
The order on artificial intelligence seeks to ensure the infrastructure needed for advanced AI operations, such as large-scale data centers and new clean power facilities, can be built quickly and at scale in the United States.
Council committee OKs $2.3M in TIF bonds for two apartment projects
A pair of apartment projects on Dr. Martin Luther King Jr. Street near the under-construction Indiana University Health hospital campus received initial approval for tax-increment financing bonds Monday evening.
IRS sending out automatic stimulus payments. Here’s who’s getting them.
The IRS is distributing about $2.4 billion to taxpayers who didn’t receive their COVID stimulus payments. By the end of January, about 1 million taxpayers will receive special payments of up to $1,400 from the IRS.