EV subscription service Motor secures $7M funding round
The company, which has developed an electric vehicle subscription platform, said this month it will use the funding to refine the platform and expand into new markets.
Latest News
Articles
Wholesale price pressures emerge despite long-term slowdown
Wholesale prices in the United States reaccelerated in January, indicating that inflation pressures continue to underlie the U.S. economy despite longer-term signs of improvement.
Prescription savings under PBMs, manufacturer rebates cause confusion
Pharmacy Benefit Managers, or PBMs, were the target of state senators Wednesday as they attempt to find solutions to decrease Indiana’s elevated health care costs.
Purdue lands $10M USDA grant to explore aquaponics
The USDA is looking for ways to increase seafood production and consumption, especially in the Midwest.
Don Schumacher Motorsports plans $10.5M expansion in Brownsburg
The expansion, which involves additional equipment at the existing facility and a new 32,500-square-foot building, is expected to increase employment by 42 workers.
Wawa store planned at Noblesville’s Midland Pointe development
The $72 million Midland Pointe development is planned on 34 acres at the southeast corner of State Road 32 and Hazel Dell Parkway.
Indiana lawmakers hear, but don’t vote on, bill decriminalizing marijuana
Rep. Wendy McNamara, R-Evansville, chairs the House courts committee and said the dialogue needed to be heard but didn’t call a vote on the bill—which would have possibly advanced it to the full House Chamber.
Monarch Beverage plans move to new $73M facility on Indy’s east side
The company plans to retain 500 workers when its relocates from its existing distribution center on Pendleton Pike in Lawrence to the new facility under development in Indianapolis.
Indiana Supreme Court lifts ban on courtroom trial broadcasts
An order issued Wednesday will give local judges the option on whether to allow news media to broadcast, record or take photographs of courtroom proceedings.
Indiana senators nix discussion on latest bill restricting classroom topics
The abrupt change in plans by the Senate Committee on Education and Career Development came after a Tuesday rally by groups opposed to such legislation.
Attorney general finds Indianapolis Public Schools did not violate $1 law
The state law requires school districts to notify the state Department of Education if classroom buildings are left “vacant or unused.”
Panel backs moving opioid antidote Narcan over the counter
The potential move represents the latest government effort to increase use of a medication that has been a key tool in the battle against the U.S. overdose epidemic that kills more than 100,000 people annually.
CBO projects higher unemployment, slow exit from inflation
The office’s updated 10-year Budget and Economic Outlook outlined stark expectations for the decade ahead.
U.S. economy keeps charging ahead, adding pressure on Fed to hike
The U.S. economy showed remarkable resilience at the start of the year, highlighting robust demand that’s keeping inflation elevated and heaping pressure on the Federal Reserve to stomp the brakes even harder.
Worker burnout even worse than at peak of pandemic
The pain is particularly acute outside the U.S., where the burnout rate has been rising enough to offset slight improvements seen by American workers.
New Purdue president outlines vision for school’s future in Indianapolis
The university intends for its realigned Indianapolis campus to act as a center for the fields of cybersecurity, data analytics, manufacturing, microelectronics, artificial intelligence and engineering—“the fields from which the biggest changes are coming.”
Republicans OK plan tightening Indiana mail-in voting rules
Bill sponsor Republican Rep. Tim Wesco of Osceola said the step was aimed at validating who was receiving mail-in ballots by putting identification requirements in line with what people must present when voting in person.
Teacher gun-training legislation passes Indiana House
The Republican-backed bill passed in a 71-24 vote predominantly on party lines, with supporters saying the training would give teachers opportunities to defend themselves and students if needed. S
IRS nominee: No audit boost for households under $400,000
President Joe Biden nominated Werfel to steer the Internal Revenue Service as it receives a massive funding boost—nearly $80 billion over the next 10 years through the Inflation Reduction Act, which Congress passed in August.
Retail sales jump as Americans defy inflation, rate hikes
The government said Wednesday that retail sales jumped 3% in January, after having sunk the previous two months. It was the largest one-month increase since March 2021, when a round of stimulus checks gave a big boost to spending.