Rally Roundup: Pro race driver closes conference with insights, advice
It was his skill at a race-themed video game that landed Jann Mardenborough in the real-life racing world—but once he got there, Mardenborough still had a lot to learn.
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Indy receives $15M federal grant to install public EV chargers
The project will prioritize fair and equitable placement to fill gaps left in the Indiana Department of Transportation’s Electric Vehicle Infrastructure Plan, according to the city of Indianapolis and Congressman Andre Carson.
Analysis shows Indiana needs nearly $1B more to maintain local roads, bridges
Eliminating poorly rated local roads and bridges across the state over the next 10 years would cost more than twice that amount, analysts estimated.
Sweaty corn making Midwest even more humid
Farmers are also planting more acres of corn, in part to meet demand for ethanol, which means more plants working harder to stay cool — pumping out humidity that adds to steamy misery like that blanketing much of the U.S. this week.
GM delays Indiana EV battery factory, but finalizes joint venture deal with Samsung
The companies finalized their agreement Tuesday to jointly run the new factory in New Carlisle, Indiana, near South Bend, but said production would not start next year as originally planned.
Capital Improvement Board set to buy Pan Am Tower for $10.5M
The CIB is buying the property as a strategic acquisition tied to the ongoing redevelopment of Pan Am Plaza.
NFL owners OK private equity stakes in teams of up to 10%
NFL owners for the first time have opened their teams to institutional investment after previously prohibiting it.
Lowe’s changes some DEI policies in wake of high court decision
The home improvement chain joined the ranks of several other companies that have altered their programs after the U.S. Supreme Court outlawed affirmative action in college admissions.
Former MLB star Alex Rodriguez discusses business career at Rally conference
Now, as CEO of A-Rod Corp., he is a business leader who transitioned into the world of real estate investment, tech startups and team ownership.
Ramping up an innovative workforce requires ‘earn-and-learn’ education, Rally panel says
State Rep. Bob Behning said Indiana is headed in that direction and the goal is to steer students toward hands-on, skills-focused training.
City official lobbying Purdue to take portion of Monument Circle
Dan Parker, chief deputy mayor of Indianapolis, revealed at an IBJ event on Tuesday that he has pitched Purdue officials on locating some of its downtown operations in one of the two available buildings on the Circle.
Cellphone bans spread in schools amid growing mental health worries
Of the nation’s 20 largest school districts, at least seven forbid use of cellphones during the school day or plan to do so, while at least another seven impose significant restrictions.
Mayor Joe Hogsett says he will veto pay-raise proposal if council passes it
City-County Council President Vop Osili has authored a proposal to elevate the Indianapolis mayor’s annual salary by 31%, as well as increase salaries for seven other elected positions.
Kroger, Albertsons defend merger plan in federal court against regulators
The two companies proposed what would be the largest supermarket merger in U.S. history in October 2022. But the Federal Trade Commission sued to prevent the $24.6 billion deal, alleging it would eliminate competition and raise grocery prices.
Zuckerberg says White House pressured Facebook over COVID-19 content during pandemic
Meta CEO Mark Zuckerberg also said he would no longer donate money to widen election access for voters after dishing out more than $400 million for that purpose in 2020.
Brunch spot, Indian restaurant planned at renovated Allisonville retail center
The new owner of Windermere Center at 62nd Street and Allisonville Road has switched strategies from developing new projects to buying existing retail properties, refreshing them and signing new tenants.
Lilly now selling vials of blockbuster Zepbound at 50% discount
Lilly said its new option will help millions of adults with obesity access the medicine they need, including those not eligible for the Zepbound savings card program, those without employer coverage, and those who need to self-pay outside of insurance.
Former Indiana sheriff Jamey Noel pleads guilty to 27 felony charges
A plea agreement submitted to the Clark County Circuit Court shows Noel agreed to plead guilty to charges of theft, money laundering, corrupt business influence, official misconduct, obstruction of justice and tax evasion.
Savvy Sliders making Indiana debut with restaurant in Lebanon
The 1,600-square-foot restaurant opening Wednesday “will be the first of many planned for the Hoosier State,” the company said.
Pulte planning to expand Kimblewick neighborhood in Westfield by 225 homes
The 108-acre project would represent the third phase of the Kimblewick development, which first received approval in 2019.