Chevron buying Hess for $53B in latest oil megadeal
The Chevron-Hess deal comes less than two weeks after Exxon Mobil said that it would acquire Pioneer Natural Resources for about $60 billion.
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UPDATE: Feds pick Indiana as biotech hub, putting it in running for millions in funding
The technology hub designation makes Indiana eligible to compete against 30 other designated hubs in hopes of landing up to $70 million in federal funding to implement its program.
Seafood arrives swiftly at Broad Ripple’s new Bardales market
Bardales Seafood was founded last year as a wholesale supplier to central Indiana restaurants. The business opened a Broad Ripple shop earlier this month to sell specialty fish to the public.
Replacing income tax with sales tax hike would cost poor Hoosiers more, experts say
Analyst Neva Butkus with the Institute on Taxation and Economic Policy called the state’s tax system “deeply regressive,” meaning that lower-income residents contribute larger shares of their income toward government services.
UAW escalates strike by adding Stellantis plant with 6,800 workers
About 40,800 workers are now on strike against all three automakers. The strikes, now in their sixth week, cover seven assembly plants and 38 parts warehouses.
IBJ Podcast: Carmel filmmaker, 23, prepares to air 8-hour JFK documentary on History Channel
Ashton Gleckman lays out the reasons he thought the world—and in particular its post-Kennedy generations—needed a deep dive into the life and legacy of the 35th president.
Nine Republicans announce intentions to run for House speaker
The Republican conference is expected to meet Monday evening to hear from this new crop of candidates seeking the gavel. The group is expected to vote as early as Tuesday on its next speaker-designate.
UAW boss says strikes will continue in bid for better offers from companies
United Auto Workers President Shawn Fain said Friday that while Detroit’s automakers have increased their wage and benefit offers, he believes the union can gain more if it holds out longer in contract talks.
UPDATE: House Republicans drop Jim Jordan as their nominee for speaker
Republicans dropped made the decision Friday afternoon during a closed-door session after the hard-edged ally of Donald Trump failed badly on a third ballot for the gavel.
Hogsett’s $6M in fundraising dwarfed by Shreve’s $13.5M in self-funding
Indianapolis Mayor Joe Hogsett’s fundraising wasn’t able to keep pace with Republican challenger Jefferson Shreve’s ability to bankroll his own campaign.
UAW strike underscores future of EV manufacturing in Indiana
Union leaders want promises from the Big Three automakers that their wave of new electric vehicle battery plants will fall under the UAW’s contract and that workers at those plants will make UAW assembly wages of $32 an hour.
Mayoral candidates differ on approach to downtown incentives
While incumbent Joe Hogsett says a broad use of incentives like tax-increment-financing bonds is often necessary to bridge funding gaps, Jefferson Shreve favors a moderated use of the city’s incentive toolbox.
As AI use accelerates, copyright questions linger for creatives
In an effort to gain some clarity, the U.S. Copyright Office is seeking public feedback on a wide range of questions about AI-related copyright issues.
Goodbyes to murals can be hard, even if the art wasn’t made to last
Public art stakeholders said it’s not ideal to paint over a revered mural without notice.
UAW set to decide whether to widen strike to more auto plants
United Auto Workers union President Shawn Fain is expected to update members Friday afternoon on progress in contract talks with Detroit’s three automakers as movement was reported with General Motors.
WFMS morning host Jim Denny riding into sunset after 35 years at station
Denny was inducted into the Nashville, Tennessee-based Country Radio Hall of Fame in 2014. He announced Friday morning that he had decided to retire.
Purdue draws international leaders for semiconductor summit
Purdue is hosting the multiday Silicon Summit, which is the latest in a string of activities and announcements the school has been involved in regarding microchips and semiconductors over the past year and a half.
Indiana State Fair reveals ‘Art & Nature of Fun’ as 2024 theme
Newfields, which is home to the Indianapolis Museum of Art and the Virginia B. Fairbanks Art & Nature Park, will be presenting sponsor for the 2024 Indiana State Fair.
New ed-tech accelerator program offers $100K investments
Equity investments in each of the firms will come from a Butler University philanthropic fund, and the school is currently talking with potential additional investors.
Indiana Pacers Bikeshare program adding 250 e-bikes
The e-bikes will be the first made available by the not-for-profit program, which currently offers 525 traditional bikes at 50 stations along or near the Indianapolis Cultural Trail.