Ascension St. Vincent to build small hospital near Purdue
The Indianapolis-based health system said the new hospital will bring inpatient and emergency care into the city of West Lafayette for the first time.
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First piece of The Madison development opens in Greenwood
The $92 million, mixed-use redevelopment project is taking shape on a 19-acre site downtown after nearly a decade of planning.
In wicked reversal, stock market has worst day in two years
The sell-off was a sharp reversal of fortunes after markets posted large gains on Wednesday, a whiplash caused by temporary confusion over the Federal Reserve’s approach to raising interest rates this year.
IMPD officers ordered to pay $1.2M to estate of man fatally shot in 2018
The lawsuit stemmed from a November 2018 incident in which Daniel Cedars, 65, was fatally shot in his doorway around 1:30 a.m. after officers responded to a hang-up 911 call.
Anti-discriminatory bank law getting update for modern era
The three major U.S. banking regulators said Thursday they a plan to rewrite much of the outdated regulations tied to a decades-old banking law designed to encourage lending to the poor and racial minorities in the areas where banks have branches.
Postmaster general: Get used to ‘uncomfortable’ rate hikes
Postmaster General Louis DeJoy said he’ll advocate for raising prices until “we have accomplished our objective of projecting a trajectory that shows us being self-sustaining.”
New reality for college sports on full display in Wong case
Leagues, schools and some coaches worry the new free-for-all upends competitive balance, disrupts rosters and pushes more control over NCAA athletic programs to outside forces.
FDA restricts J&J’s COVID-19 vaccine due to blood clot risk
The vaccine was initially considered an important tool in fighting the pandemic because it required only one shot. But the single-dose option proved less effective than two doses of the Pfizer and Moderna vaccines.
After pandemic pause, Broad Ripple Art Fair will celebrate 50 years
On May 14-15, the grounds of the Indianapolis Art Center will host 150 artists and their work during the Broad Ripple Art Fair.
Millions who retired early during pandemic now returning to work, new data shows
In some cases, workers say rising costs—and the inability to keep up while on a fixed income—are factoring heavily into their decisions.
Indiana ranked seventh in nation for hospital charge disparities
A new study released Thursday by the Rand Corp. showed that Hoosiers covered by employer health plans paid Indiana hospitals nearly three times—or 292%—of what Medicare would have paid for the same procedures.
As diversity rises, U.S. boards still disproportionately white
More companies are being transparent about the racial breakdown for their board of directors. A big reason for that is because they’re being forced to, with pressure coming from stock exchanges, regulators and investors.
Small businesses still struggling to find enough workers
Data from payrolls processing firm ADP show a widening gap in hiring between businesses with 500 or more employees and businesses with less than 50 staffers. Those smaller businesses have lost jobs in three of the past four months.
Dollar surges to 2-decade high as investors seek refuge
Rising inflation that has caused the biggest jump in prices in 40 years has spurred the Federal Reserve to aggressively raise interest rates, which increases demand for U.S. dollars.
Musk lines up $7.1B in investor financing for Twitter bid
The infusion adds heft to the Tesla chief’s offer and eases some of the financial pressure he’s taken on in pursuit of the social media platform.
Indianapolis-based Calumet gets new CEO as part of leadership reshuffling
Todd Borgmann, Calumet’s former CFO, was promoted to CEO effective this week. The move, and several other executive-level changes, were triggered by the May 1 retirement of board chairman Fred Fehsenfeld.
Renovation to breathe new life into historic downtown Fishers buildings
A pair of historic buildings along 116th Street near Nickel Plate Station are being saved, but that won’t be the case for two other old buildings in the same block that were determined to be “beyond repair.”
Deer Creek founders reunite to launch Labor Day weekend music festival
Performers have yet to be announced for the All IN Music & Arts Festival, scheduled Sept. 3-4 at the Indiana State Fairgrounds.
Indiana voters pass most local tax increases for school salaries, operations
All six of the operating referendums on the ballot passed, giving schools around the state additional tax revenue to fund programs, transportation, and salaries. But construction referendums—whose funds are earmarked for specific building or renovation projects—fared worse.
FAA offers help for snarled Florida summer air travel
Air traffic to Florida picked up more quickly during the pandemic than many other places, and airlines have scheduled even more flights for this summer. That is raising concern about the potential for massive disruptions that could ripple far beyond the state’s borders.