Fever’s Clark breaks WNBA’s single-season record for assists
Caitlin Clark is up to 321 assists in her first year in the WNBA, breaking the mark of 316 set last season by Alyssa Thomas of the Connecticut Sun.
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Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport
Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
Carmel-based MBX Biosciences shares jump 48% in Nasdaq debut
The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity. Its positive reception on Wall Street was seen as an extension of the general enthusiasm for obesity treatments.
ACLU of Indiana files new ‘intellectual diversity’ lawsuits against IU, Purdue
The professor-led lawsuits allege the state policies are unconstitutionally vague and infringe upon faculty members’ free speech and academic freedom.
Workers, employees likely to see another stiff increase in health benefits
Nationally, the average cost of employer-sponsored health plans is expected to grow 9% next year if companies don’t find ways to cut costs, according to an Aug. 15 report by professional services firm Aon.
Reimagined Pleasant Street has been 44 years in the making
In total, the $113 million, three-phase Reimagine Pleasant Street project involves extending, realigning and expanding Pleasant Street into a 2-1/2-mile corridor from State Road 32 to just west of State Road 37.
Candidates for governor want to seed job growth locally
IBJ asked Republican U.S. Sen. Mike Braun, Democrat Jennifer McCormick and Libertarian Donald Rainwater how they plan to approach economic development and job creation.
Auto insurance rates keep rising
For a variety of reasons, some related to the pandemic, auto insurance premiums have risen dramatically over the past few years.
A tale of two stores
Nearly a year after opening, though, Indy Fresh Market isn’t profitable; instead it is being propped up by corporate partners Goodwill of Central & Southern Indiana and Cook Medical.
Jewish Community Relations Council names new executive director
David Sklar previously served as JCRC’s director of government affairs and then assistant director before leaving in 2021 to become director of government affairs for the Alzheimer’s Association Greater Indiana Chapter.
SafeSport reopens gymnastics probe after more abuse claims
A gymnast who complained about the coaches criticized both SafeSport and Indianapolis-based USA Gymnastics for what she described as an apathetic response to her and other gymnasts’ allegations—until they resulted in bad publicity.
New Indy defense innovation summit to feature Pence as keynote speaker
Lawmakers, regional partners and sector leaders are expected to attend the two-day Midwest Defense Innovation Summit on Oct. 16-17 at the Indiana Convention Center.
Braun releases rural ag plan that calls for tax relief, new broadband program
Sen. Mike Braun, the Republican candidate for governor, partnered with conservative public policy group Hoosiers for Opportunity, Prosperity & Enterprise Inc., or HOPE, to develop his agenda.
Biden cracks down on loophole that enables tariff-free imports by Temu, Shein
Importers mainly from China have used the de minimis exemption for shipments of $800 or less to flood the U.S. market.
Indianapolis-based High Alpha leads $8.9M investment in retail-tech startup
The company’s founder and CEO, Arthur Root, started Nostra AI while he was a student at Indiana University.
Braun, Young join effort to protect farmland from foreign adversaries
The legislation would add the U.S. Secretary of Agriculture to the Committee on Foreign Investment in the United States, which can recommend that the president block or suspend any transactions with a worrisome impact on national security.
Lawsuit accuses Cummins of stealing trade secrets
California-based tech company C3.ai, which accuses Cummins of “brazen misappropriations of trade secrets and breach of contract,” said it plans to seek damages estimated at between $500 million and $1 billion.
Lennar planning two southeast-side subdivisions with 355 homes
The Franklin Township projects, Eagle Creek and Crescent Ridge, will collectively occupy nearly 200 acres.
Biden administration releases plans for new minimum tax on large companies
The new federal tax guidelines arrive in the midst of a grueling election season, the outcome of which will shape a looming partisan battle in Washington over a set of soon-expiring tax cuts adopted in 2017 under President Donald Trump.
Ferrucci signs multi-year extension with resurgent Foyt IndyCar team
The deal with Santino Ferrucci was described as a multi-year extension and announced ahead of Sunday’s season-ending IndyCar race in Nashville.