UBS sues wealth managers who joined rival firm
In its complaint, UBS accuses the defendants of using UBS resources to plan UBS client meetings that took place after the defendants had left the firm.
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Brothers writing new chapter for 106-year-old building in Garfield Park
Siblings Phil and Joel Kirk want to be part of the commercial comeback of the Garfield Park neighborhood southwest of Fountain Square.
Roche launches brand for at-home COVID test
The test is the first over-the-counter test distributed in the U.S. by Roche Diagnostics, which has its North American headquarters in Indianapolis.
Holcomb touts green energy at COP27 climate summit in Egypt
While Indiana is making significant investments in solar energy, the state still relies on coal for half of its energy needs and is the Midwest’s biggest emitter of carbon per capita.
Indiana higher education commission advances funding model amid some pushback
The proposed funding model was crafted by the Indiana Commission for Higher Education, which the General Assembly tasked with researching a new formula to cover costs at Indiana’s state colleges and universities.
Lawmakers: Giving AG power over prosecutors ‘least preferred’ route in dispute
A bipartisan group of lawmakers and justice system leaders that assembled on Thursday to consider how best to address county prosecutors with “blanket” non-prosecution policies agreed that handing authority to Indiana’s Attorney General isn’t the best solution.
Election leaves lingering questions for Indiana Dems, Indy GOP
The intensifying Republican dominance of statewide politics and heightened Democrat popularity in Indianapolis raise questions about how or when the opposing party can ever win a statewide or citywide seat.
Fishers tech startup Docket winds down operations, staff joins Zoom
Docket, which launched in 2019, wrapped up its operations in September after the meetings-platform company Zoom hired its team. In 2020, Docket had won Zoom’s annual “Whale Watch” competition, scoring a $1.25 million venture investment as a result.
Biden set to expand methane emissions rules amid push for more oil
The supplemental rule comes as President Biden has accused oil companies of “war profiteering” and raised the possibility of imposing a windfall tax on energy companies if they don’t boost domestic production.
Cryptocurrency exchange FTX files for bankruptcy as CEO resigns
The Justice Department and two federal regulators have launched probes into FTX, looking into whether the collapsing cryptocurrency exchange had skirted rules on safeguarding consumer deposits and relationships with trading affiliates, according to four people familiar with the inquiries.
Twitter deals with users impersonating major companies—including Eli Lilly
A Twitter user posing as Indianapolis-based Eli Lilly falsely tweeted that insulin was now free, prompting an apology from the actual company.
Raising Cane’s raises Cain over lease that bans chicken fingers
Raising Cane’s filed a lawsuit against the Indiana shopping center’s owner, Schottenstein Property Group, alleging fraud and saying the would-be landlord failed to disclose the existence of the chicken ban.
U.S. judge in Texas strikes down Biden loan-forgiveness plan
A U.S. judge on Thursday blocked President Joe Biden’s plan to provide millions of borrowers with up to $20,000 apiece in federal student-loan forgiveness.
AP source: US authorities investigate crypto exchange FTX
The swift collapse of cryptocurrency exchange FTX sent more shockwaves through the crypto world on Thursday, with authorities now investigating the firm for potential securities violations and analysts bracing for a further downturn in crypto prices.
Radio’s Don Stuck adds acting to his entertaining life
WFBQ-FM 94.7 on-air personality Don Stuck is picking up work as a background actor in network TV shows and an upcoming film.
City commits $3.5M for downtown safety, cleanliness efforts
The 18-month effort is expected to boost the number of bike patrol officers, security cameras, cleaning crews and those helping the homeless in the Mile Square.
Purdue taps former research leader to oversee Indianapolis expansion
Purdue University has rehired Dan Hasler to coordinate the school’s expansion in Indianapolis following an August decision to split IUPUI into separate Indiana University and Purdue operations.
Rep. Robin Shackleford looks to become Indianapolis’ first Black and first female mayor
The decision could pit her against incumbent Mayor Joe Hogsett in the Democratic primary next year. Hogsett expects to announce whether he’ll seek a third term in the coming weeks.
Kelley School economic forecast underscores uncertainty for 2023
The annual Business Outlook forecast from Indiana University Kelley School of Business, released Thursday, says predictions are tougher than usual to make due to aggressive increasing of interest rates by the Federal Reserve.
Indiana GOP adds to supermajorities, re-elects chamber leadership
Politicos on both sides of the aisle continue to watch a series of narrow wins across the state, which could grow or diminish the Republican supermajority.