Area residential builders see 15th straight month of falling permits
Demand for new houses in central Indiana continued to lag last year’s pace in March, but longtime housing hotbed Hamilton County broke out of its recent slump.
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Purdue lands $100M for cancer drug Pluvicto royalties
Purdue University plans to use the funding to further support research at the university.
Indiana lawmakers sends teacher gun training bill to governor
The bill that would create a state-funded handgun training program available for teachers, something critics have said could wrongly increase the number of guns in schools.
House Republicans pass U.S. debt bill, push Biden on spending
The sweeping legislation passed Wednesday that would raise the government’s legal debt ceiling by $1.5 trillion in exchange for steep spending restrictions.
Appeals court rejects Trump effort to block Pence testimony
A federal appeals court on Wednesday night moved former Vice President Mike Pence closer to appearing before a grand jury investigating efforts to undo the results of the 2020 presidential election.
Supreme Court seems to favor woman who got $0 in condo sale
The court seems likely to give a 94-year-old woman another day in court to try to recoup some money after the county sold her condominium over a small unpaid tax bill and then kept all of the $40,000 proceeds.
Revised state budget expands school voucher funding, accelerates income tax cuts
The $44.5 billion spending plan restores measures coveted by Republican leaders in both chambers, a reflection of the April state revenue forecast that showed Indiana is expected to receive an additional $1.5 billion in revenue over the next two fiscal years.
Stellantis to offer buyouts amid electric vehicle transition
Another automaker is trying to cut its workforce to trim expenses and stay competitive as the industry makes the long and costly transition to electric vehicles.
JC Hart plans 313-unit apartment project in busy north-side area
Called Allison Pointe, the project is designated for a 10.5-acre undeveloped parcel in a small commercial park along Allison Lake, a manmade body of water between 82nd Street and I-465.
Marion County set to receive extra $8 million in annual road funding
Debate over the bill has served as a flashpoint in the ongoing fight between city and state leaders over Indiana’s road-funding formula, which allocates gas-tax funds and other revenue by center-line miles rather than by vehicle miles traveled.
Purdue University improves to top 5 in rankings for U.S. patents
The ranking comes less than a week after the university unveiled its Purdue Innovates initiative, designed to streamline access and support for commercialization of intellectual property developed by faculty, students and alumni, as well as startup creation.
DeJoy: U.S. Postal Service plans to keep raising prices
Postmaster General Louis DeJoy says his plan to dramatically increase postage rates could spell trouble for some businesses relying on mailing and shipping costs that have been kept low at the expense of the Postal Service’s financial stability.
South Korean company plans $102M recycling plant in Kokomo for EV industry
Jaewon Industrial plans to build a chemical recycling plant in Kokomo to serve the lithium-ion battery and electrical vehicle industry, creating 100 jobs by the end of 2024.
Q&A with Gregory Hill, new Indianapolis Public Library CEO
Hill, who has been with the library system for over a decade, says he’s hopeful that the system can move forward despite continued calls for the board of trustees to appoint former interim CEO Nichelle Hayes as chief executive.
Newly approved adult charter high school hopes to open in closing IPS building
A seventh Excel Center adult charter high school has the green light to open in Indianapolis, and it’s hoping to open in a school that Indianapolis Public Schools will close at the end of this school year.
Honda outlines ambitious global strategy for electric cars
Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced.
Teacher discussions could be limited under Indiana bill
Indiana Republican state Senators signaled their final approval Tuesday of a bill that would remove the requirement for administrators to discuss some topics with a teachers union representative.
Butler University extends Danko’s contract by three years
James Danko has led a significant transformation of the Butler campus, including nearly $500 million in capital improvement projects to upgrade academic, research, residential, performance and athletic spaces.
U.S. officials seek to crack down on harmful AI products
FTC Chair Lina Khan joined top officials from U.S. civil rights and consumer protection agencies to put businesses on notice that regulators are working to track and stop illegal behavior in the use and development of artificial intelligence.
Shabazz proposes infrastructure TIFs, government-efficiency task force
Republican Indianapolis mayoral candidate Abdul-Hakim Shabazz released plans regarding infrastructure and government efficiency Tuesday.