U.S., Mexico to cooperate on semiconductors, electric vehicles
The countries seek to eat into Asia’s advantage in semiconductors and batteries needed for electric vehicles and promote North American production.
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U.S. sent $1.3B in small-business COVID aid abroad, raising new fraud fears
In total, the Small Business Administration made 41,638 awards to applicants that pursued that aid using computers believed to be located abroad, according to the agency’s inspector general.
UPDATE: Work at Stellantis plant to resume after deal with UAW
Stellantis said that operations at the plant in Kokomo would resume late Monday after UAW Local 1166 workers voted to ratify the agreement.
Elanco’s new HQ project nearing city approval, with a few issues outstanding
The Greenfield-based company will lay out the design for its $100 million-plus global headquarters in Indianapolis on Thursday before a hearing examiner, who will rule on the project.
Study finds increasing rents, shrinking vacancy in Marion County rental units
The report released Monday from the Fair Housing Center of Central Indiana found a competitive housing market that benefits investors and corporations while causing troubles for lower-income renters, families and renters of color.
Indy Chamber exec joins developer working on Boone County innovation district
Ian Nicolini, who has served as Indy Chamber’s chief operating officer since October 2020, is leaving his position to join a commercial real estate developer working to recruit businesses to a high-tech research district planned in Boone County.
Americans give health care system failing mark in new poll
The poll from The Associated Press-NORC Center for Public Affairs Research reveals public satisfaction with the U.S. health care system is remarkably low, with fewer than half of Americans saying it’s handled well in general.
U.S. News college rankings draw new complaints, competitors
Several schools in Indiana finished high on this year’s rankings in certain categories, including Rose-Hulman Institute of Technology and Butler University.
Damien Center launches $4M capital campaign to help fund new HQ
The not-for-profit organization said it has outgrown its existing 15,000-square-foot headquarters building at 26 N. Arsenal Ave. due to heavy demand for its services and programs.
IBJ Podcast: Indianapolis, suburbs banding together to seek more state funding for local roads
In a conversation with host Mason King, IBJ reporter Peter Blanchard discusses the state formula and the potential that legislators would be receptive to funding charges.
UAW workers go on strike at Stellantis plant in Indiana
The 1,200-worker plant, Kokomo Casting, is the world’s largest die cast facility, according to Stellantis. It makes aluminum parts for components including transmissions and engine blocks.
As small businesses raise prices, some customers push back
Inflation isn’t only costing small businesses money. It’s costing them customers as well.
Power wins IndyCar championship, while Palou dominates season finale
Will Power was pushed to the brink Sunday by Team Penske but withstood the internal challenge from his teammate to close out a season of consistency and win his second IndyCar championship.
Colts sign guard Nelson to four-year contract, reportedly for record $20M per year
Quenton Nelson was a first-team All-Pro each of his first three seasons and received second-team honors last season when he missed four games with injuries.
U.S. freight railroads to cut services as union talks fail, report says
U.S. freight railroads will reduce their services starting Monday after two of the country’s largest rail unions failed to agree on a new contract this week, the Journal of Commerce reported.
Visa, Mastercard, AmEx to start categorizing gun shop sales
The moves likely will provoke the ire of gun rights advocates and gun lobbyists, who have argued that categorizing gun sales would unfairly flag an industry when most sales do not lead to mass shootings.
Power breaks Andretti qualifying record in pursuit of season championship
Will Power grabbed his 68th career pole with Mario Andretti watching from pit lane Saturday at Laguna Seca Raceway.
Regenstrief, IU land CDC grant to study ‘long COVID’
The partners will utilize the Indiana Network for Patient Care, which was created by Regenstrief and is managed by the Indiana Health Information Exchange, to mine data from electronic health records.
Biden’s visit shows high stakes of $20B Ohio chip factory
Nearby states hope to benefit from the cluster of suppliers that industry experts say is bound to develop around the Ohio site. Indiana officials also have made semiconductor manufacturing a critical element in economic development strategies.
Herta unsure if IndyCar farewell and move to F1 are imminent
Colton Herta insists he has no deal to race in Formula One next season and is surprised at the sudden interest from AlphaTauri.