Power plants must cut pollution crossing state lines, under new EPA standards
The new standards, announced by the Environmental Protection Agency, are intended to place tighter constraints on air pollution from 23 states, including Indiana.
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Indiana school choice advocates turn up lobbying efforts for more private-school funding
The latest push includes a statewide poll and multiple local advocacy events intended to sway the state’s budget writers.
U.S. wholesale inflation slows on easing food costs
A significant driver of last month’s wholesale inflation slowdown was a huge drop in the prices of eggs, which plummeted 36.1% just in February. Egg prices had previously surged after a widespread outbreak of avian flu.
Honda moving Accord production to Indiana after 40 years in Ohio
The move of Accord production to Greensburg comes as Honda prepares for the production of electric vehicles and components primarily at facilities in Ohio.
IU med school shuts down research project that used expired supplies on pigs
Fred Cate, IU’s vice president for research, informed federal officials that the research group had “a pattern of non-compliance” and had been warned several times against using expired materials.
Colts planning to release QB Matt Ryan in cap move, source says
By releasing the 37-year-old Ryan, the Indianapolis Colts will save about $17.2 million in salary cap space next season.
A bigger March Madness? Many obstacles stand in the way
For the first time in more than a decade, NCAA and college sports leaders are committed to a serious examination of increasing the number of teams allowed to compete in an event that has become one of the crown jewels of American sports.
About 300 logistics employees affected by change in operations at Whitestown facility
Kuehne+Nagel Inc. said in a notice to the state that it will cease operations with Rockwell Automation when the contract between the companies terminates May 10.
Three utility-related bills pass the Indiana House
Two of the bills–one establishing utility receiverships and another increasing the cap on pay that trustees on utility boards can earn–received no opposition, passing with a unanimous vote.
City-County Council considers further deregulation for taxi drivers
The number of taxis on Indianapolis streets has decreased by 80% in the last decade, prompting the City-County Council to consider changes to help traditional taxis better compete with ride-sharing services.
Inflation eases but stays high, putting Fed in tough spot
Even though prices are rising much faster than the Fed wants, some economists expect the central bank to suspend its year-long streak of interest rate hikes when it meets next week.
Following Lilly’s lead, Novo Nordisk plans insulin price cuts
Novo Nordisk will start slashing some U.S. insulin prices up to 75% next year, following a path set earlier this month by rival Eli Lilly and Co.
Becknell planning 1.1 million-square-foot industrial building on Marion-Shelby County line
The project would sit directly west of the Marion County-Shelby County line, across Carroll Road from a new, 850,000-square-foot warehouse for discount retailer Five Below.
EPA to limit toxic ‘forever chemicals’ in drinking water
The plan marks the first time the EPA has proposed regulating the toxic group of compounds, which are widespread, dangerous and expensive to remove from water.
Facebook parent Meta slashing another 10,000 jobs
Meta previously announced 11,000 job cuts in November, about 13% of its workforce at the time.
Local software startup Elate lands $4.9M VC investment
Indianapolis-based Elate was founded in 2019 by two former coworkers at another local software firm, Springbuk. Elate offers a platform to help organizations develop and execute their strategic plans.
Wilshaw developer admits withholding info about SEC troubles
Town of Speedway officials and residents on Monday night learned a development firm involved in its long-delayed $36 million Wilshaw hotel project purposely withheld details of a settlement reached last year with federal securities regulators.
Government races to reassure U.S. that banking system is safe
In response to the crisis, regulators guaranteed all deposits at the two failed banks and created a program that effectively threw a lifeline to other banks to shield them from a run on deposits.
Illinois enacts mandatory paid leave ‘for any reason’
Proponents say paid leave is key to making sure vulnerable workers can take time off when needed without fear of reprisal. Critics say the law will overburden small businesses already struggling amid high inflation.
Fed’s battle plan for inflation shredded by financial turmoil
The worry is the collapse of SVB and Signature Bank are just the start of a longer list of casualties from the Fed’s shift to the highest rates since policymakers began slashing borrowing costs in 2007.