Site for Indy Eleven’s proposed stadium praised by officials, real estate brokers
City tourism officials said the venue could be a boon for new sporting events—something team owner Ersal Ozdemir indicated he’s hopeful will the the case.
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Holcomb expects abortion to be addressed at July special session
Indiana Gov. Eric Holcomb said Friday on Twitter that he expects the General Assembly to take up abortion law during a special session next month that he called for earlier this week to address refunds for state taxpayers.
Restaurant originally known as Next Door closes permanently
The restaurant’s building at the intersection of 46th Street and College Avenue previously was home to a 7-Eleven convenience store and a Double 8 grocery store.
Two local apartment projects land $55M in affordable housing credits, bonds
The Low-Income Housing Tax Credit program, in conjunction with the Multifamily Tax Exempt Bonds, are used to incentivize private developers to fund the construction, acquisition and rehabilitation of affordable housing communities throughout Indiana.
Supreme Court overturns Roe v. Wade; states can ban abortion
The Supreme Court has ended constitutional protections for abortion that had been in place nearly 50 years in a decision by its conservative majority. Friday’s outcome is expected to lead to abortion bans in roughly half the states.
Madam C.J. Walker mural to follow Major Taylor in ‘Legends’ series
Indianapolis artist Tasha Beckwith is set to paint a mural to celebrate the legacy of entrepreneur Madam C.J. Walker, who built a hair-care product empire and became known as the “first self-made female millionaire” in the United States.
Serial entrepreneur Wechsler launches Spokenote tech startup
John Wechsler, who will step down as CEO of both Launch Fishers and the Indiana IoT Lab next month, will turn his attention to his latest venture: a startup that makes it easy to create and share videos via QR codes.
New PAC aims to ‘recenter’ Indiana politics
The new Recenter Indiana PAC says it will support candidates, regardless of political party, who believe in bipartisanship, commit to problem-solving through reliable information and civil conversation, champion equality and reject violence.
Developer buys Diamond Chain site for Indy Eleven soccer stadium, mixed-use district
The redevelopment of what is now an 18-acre manufacturing site downtown is expected to include apartments, a hotel, an office building and retail space—in addition to a 20,000-seat stadium. Keystone Corp. CEO Ersal Ozdemir said the project’s cost will likely top $1 billion.
Senate makes key breakthrough on gun laws, advancing new restrictions
The legislation would toughen background checks for the youngest gun buyers, keep firearms from more domestic violence offenders and help states put in place red flag laws that make it easier for authorities to take weapons from people adjudged dangerous.
NCAA Title IX report shows stark gap in funding for women
Men’s programs received more than double that of women’s programs in allocated resources in 2020–and that gap was even more pronounced when looking at home of the most profitable revenue-generating sports.
Settlement would forgive $6B for defrauded college students
Almost all the schools involved are for-profit colleges. The list includes ITT Technical Institute, which was headquartered in Carmel and shut down in 2016.
COVID-19 vaccines saved 20M lives in 1st year, scientists say
The researchers used data from 185 countries to estimate that vaccines prevented 4.2 million COVID-19 deaths in India, 1.9 million in the United States, 1 million in Brazil, 631,000 in France and 507,000 in the United Kingdom.
Pacers draft Arizona’s Mathurin at No. 6; Purdue’s Ivey picked at No. 5
Bennedict Mathurin, a 6-foot-6 shooting guard/small forward, averaged 17.7 points. 5.6 rebounds and 2.5 assists last season, when he was named the Pac-12 Player of the Year.
All big U.S. banks pass Fed’s annual ‘stress tests’
The tests vary from year to year, but generally involve the Fed testing to see how steep the losses in the banking industry would be if unemployment were to skyrocket and economic activity were to severely contract.
Yelp closing three U.S. offices, says remote work is its future
The offices the company is closing in three major cities were its most “consistently underutilized,” with only about 2% of workspaces in use each week.
Judge approves $1B-plus deal in deadly Florida condo collapse
The decision by Miami-Dade Circuit Judge Michael Hanzman came a day before the one-year anniversary of the Champlain Towers South disaster in the Miami suburb of Surfside. The collapse killed 98 people, one of the deadliest building failures in U.S. history.
How the Tedeschi Trucks Band made the most of pandemic lockdown
Husband-and-wife band leaders Derek Trucks and Susan Tedeschi will showcase “I Am the Moon” at TCU Amphitheater at White River State Park.
Slovakian startup announces plans for Indiana battery plant
InoBat Auto, a Slovakian company that launched in 2019, said Thursday that it plans to open battery R&D and production sites in Indiana, in partnership with New York City-based Ideanomics Inc.
FDA bans Juul e-cigarettes tied to teen vaping surge
The action is part of a sweeping effort by the Food and Drug Administration to bring scientific scrutiny to the multibillion-dollar vaping industry after years of regulatory delays.