State energy group takes cautious approach in industry transition to renewables
The task force approved 13 recommendations in a draft final report that could result in proposed legislation during the session in January.
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Largest U.S. airlines rake in big summer profits
Executives at all three big U.S. airlines said they see no indication that consumer concerns about inflation and the economy are hurting ticket sales.
Average long-term U.S. mortgage rates continue to climb
The National Association of Realtors said Thursday that sales of previously occupied U.S. homes fell in September for the eighth month in a row.
College enrollment declines for third straight year since pandemic
the National Student Clearinghouse Research Center report suggests that steep drops seen after the pandemic disrupted colleges globally in early 2020 have not been reversed.
Nickel Plate Arts considering former hardware building in Noblesville as space for artists
The not-for-profit organization is looking into using the 134-year-old Lacy Building at 848 Logan St. for artist studio spaces, workshops, classrooms and event space.
Restaurateur Scott Wise, wife, file for bankruptcy
Scott Wise, founder of now-defunct Indianapolis-based restaurant chain Scotty’s Brewhouse, said his personal bankruptcy is related to financial issues from the chain’s collapse.
Facing tough midterms, Biden releasing oil from U.S. reserve
The withdrawals have sent the nation’s strategic reserve to its lowest level since 1984 in what the administration called a “bridge” until domestic production could be increased.
EPA: UPS to pay fine, correct hazardous waste violations
The company has three years to reach compliance across 1,160 locations and will pay a civil penalty of $5.3 million.
COVID-19 linked to increase in U.S. pregnancy-related deaths
The percentage of preterm and low birthweight babies also went up last year, after holding steady for years. And more pregnant or postpartum women are reporting symptoms of depression.
US awards $2.8B in grants for EV batteries in 12 states
A total of 20 companies will receive grants for projects to extract and process lithium, graphite and other battery materials, manufacture components and strengthen U.S. supply of critical minerals, officials said.
Australian biopharma firm begins work at new HQ in Fishers
Telix Americas is leasing 10,000 square feet at the Crew CarWash headquarters building at 11700 Exit Five Parkway, near Interstate 69 and East 116th Street.
Health and Hospital board ignores protesters, takes no action on Medicaid case
More than two dozen activists and lawmakers pushed the board to drop the suit, known as Talevski v. Health and Hospital Corp. of Marion County, which the U.S. Supreme Court is scheduled to hear Nov. 8.
Spirit Airlines shareholders approve $3.8B sale to JetBlue
JetBlue emerged as the winner in a bidding war with Frontier to acquire Spirit, the nation’s biggest budget airline. But the deal could still face a challenge from federal antitrust regulators.
Gates Foundation donates $1B to prioritize math education
The increased focus on math comes after the pandemic “wreaked havoc” on learning in secondary schools, and widened gaps based on race in student performance, with math scores among Black students falling more sharply than declines among white students.
Enrollment gains help Elevance Health top quarterly forecasts
The Indianapolis-based Blue Cross-Blue Shield insurer said Wednesday that enrollment in Medicaid, a state and federally funded program for people with low incomes, climbed nearly 9% in the quarter, to 11.3 million.
IRS increases standard deductions, tax brackets due to inflation
Taxpayers will get fatter standard deductions for 2023 and all seven federal income tax bracket levels will be revised upward as the government allows people to shield more of their money from taxation.
Judge dismisses FedEx from Indianapolis shooting lawsuit
The lawsuit was filed by relatives of five of the eight people who were fatally shot last year at an Indianapolis warehouse by a former employee of the shipping giant.
Mercury Marine to open global distribution center in Brownsburg
The marine manufacturer, a division of Brunswick Corp., said the facility will create about 250 jobs.
Howey Politics sold to digital news startup State Affairs
Howey Politics Indiana, the website of longtime Hoosier journalist Brian Howey, is now owned by State Affairs, a subscription-based digital media startup looking to fill gaps in statehouse reporting coverage.
IU School of Medicine to break ground on new, $230M home
Indiana University School of Medicine’s planned medical education and research building marks the largest construction project in the history of the school.