Air travel across U.S. thrown into chaos after computer outage
The world’s largest aircraft fleet was grounded for hours by a cascading outage in a government system that delayed or cancelled thousands of flights across the U.S. on Wednesday.
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FTX recovers $5 billion in cash, crypto to repay customers
It is not yet clear how much of a shortfall FTX’s creditors will face as company advisers continue working to salvage what they can from the crypto giant’s shocking implosion in November.
Can U.S. avoid recession? As inflation eases, optimism rises
An economic downturn is still possible. Yet in recent weeks, with inflation showing widespread signs of easing, a more cheerful view has gained traction: Maybe a recession isn’t inevitable after all.
Three new art installations planned for 100 Acres park at Newfields
A $3 million gift from life science entrepreneur Kent Hawryluk is spurring the addition of the sculptures at the park known as 100 Acres.
Indy library board member resigns amid continued backlash
TD Robinson, the senior pastor of Mt. Paran Baptist Church, has resigned from the Indianapolis Public Library Board amid an ongoing controversy over the selection of a new library CEO.
UPDATE: FAA lifts ground stop on flights following computer outage
The FAA ordered all departing flights grounded early Wednesday morning, but lifted that order just before 9 a.m. Eastern after several hours.
Ayers wins caucus to represent Carmel City Council’s Central District
Teresa Ayers will serve the remainder of former council member Bruce Kimball’s term through the end of 2023. Kimball died Dec. 30, which triggered Tuesday’s caucus.
Companies skirt overtime pay with dubious management titles
The practice, often deployed by retail and restaurant companies, takes advantage of the Fair Labor Standards Act, which exempts firms from paying overtime wages if the employee is a manager and gets paid a salary above a certain threshold.
Soaring U.S. egg prices put pressure on consumers, businesses
A lingering bird flu outbreak, combined with soaring feed, fuel and labor costs, has led to U.S. egg prices more than doubling over the past year.
Holcomb speech delivers familiar call to attract more high-wage employers
Gov. Eric Holcomb stressed in his State of the State address that further investments are needed in K-12 schools and higher education, workforce training and public health if Indiana expects to meet the talent demands of high-wage employers.
Ballard says he’ll be patient in finding right coach for Colts
Two days after the Colts completed a 4-12-1 season, General Manager Chris Ballard told reporters he would not rush to hire a new coach and could wait until after the Super Bowl if it meant getting the right candidate.
Lilly Endowment announces $80M in grants to Indy Parks
Forty-two Indianapolis parks will receive improvements due to historic grant funding from the Indianapolis-based Lilly Endowment Inc.
Traders Point Christian Church purchases property for new Fishers campus
The Promise United Methodist Church stopped holding services in November 2021. The building, which includes a 21,000-square-foot theater, was most recently used as a preschool until the summer of 2022.
Plainfield hires new economic development director
Alyssa Woolard previously served as associate director of economic and redevelopment for the city of Madison, Indiana.
Feds propose ‘student loan safety net’ alongside forgiveness
President Joe Biden is moving forward with the repayment plan even as his one-time debt cancellation faces an uncertain fate before the Supreme Court.
Small businesses to tackle long list of challenges in 2023
A looming recession, still high (although easing) inflation and labor woes are some of issues carrying over from 2022 that small businesses will have to tackle.
Developer reveals details for downtown mixed-use project south of revamped Stutz campus
New York City-based SomeraRoad Inc. has submitted plans to city officials for Stutz South, a five-story complex with 270 apartments that would occupy most of the block between West Ninth and 10th streets and Capitol Avenue and Roanoke Street.
Indiana Senate Republicans prioritize health care, biz tax cuts
The caucus’ main initiatives are laid out in eight senate bills, although some priorities are intended to be folded into the two-year state budget that lawmakers must finalize before the end of the session in April.
Traffic congestion grows nationwide as workers return to office
Drivers in many U.S. cities—including Indianapolis—were stuck in traffic far longer in 2022 than the year before, with time savings tied to the pandemic dissipating in commutes.
Mug-n-Bun owner seeks buyer for iconic Speedway drive-in
Known for curbside service, breaded tenderloin sandwiches, hand-dipped onion rings and made-on-site root beer, Mug-n-Bun traces its roots in Speedway to the 1950s.