Biden budget seeks minimum tax on households worth $100M
The introduction of the minimum tax on the wealthiest Americans would represent a significant reorienting of the tax code.
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City-County Councilor Ethan Evans leaves Democratic Party, becomes independent
Evans says he feels mostly shut out of the Democrat-controlled council despite “speaking for a wide progressive base who wants these very solutions implemented.”
Indianapolis expected to host 2024 U.S. Olympic Swim Trials, sources say
An announcement is set for Tuesday at Lucas Oil Stadium featuring local sports officials, city leaders and business executives.
Small businesses face tax headaches on top of pandemic woes
Tax season can be complicated for everyone, but as the April 18 filing deadline looms, small-business owners, contractors, entrepreneurs and others face a raft of ever-changing rules and regulations.
Ball State kicks off plans to revitalize Village district, build performance venue
The university hopes to bolster the declining business-and-culture district by creating a center for theater and dance and green-lighting an Ohio firm to develop a hotel, apartments, retail spots, and spaces for office and research work.
Luxury apartments to open soon in former AT&T building
A local developer’s $80 million conversion of a 20-story office building into luxury apartments is the largest project of its kind downtown.
Financial challenges plague rural hospitals, including in Indiana
Rural hospitals have long struggled to stay afloat. But now, the sector is facing a wave of closings under additional financial pressures, some caused by the pandemic that has strained resources.
Wastewater treatment plans move ahead despite backlash in West Indy
A fight over zoning has devolved into debates over odor, water quality, and the impact of another wastewater treatment plant in the area on nearby residents.
Plans for redevelopment of former GM stamping plant site moving forward
The IEDC and leadership of The Valley neighborhood presented initial plans to residents on Thursday night following several months of consultation with local firms Browning and MKSK.
Will Holcomb’s recent veto affect his Republican party standing?
Gov. Eric Holcomb’s rejection of a bill that would have barred transgender females from joining girls’ sports teams could have political repercussions if he decides to seek higher office, political observers say.
Chip shortage forces GM to pause production at Indiana plant
The plant makes Chevrolet Silverados and GMC Sierra light duty pickups and employs more than 4,000 blue collar workers.
Boone County officials have few answers about possible large business development
The Indiana Economic Development Corp. recently approached Boone County officials about the possible development of land northwest of Lebanon for a big business project, but officials aren’t sharing much information.
AES Indiana’s Martinsville plant back online after nearly a year of repairs
The power plant is one of three generating stations that provides electricity to about 500,000 AES Indiana customers in central Indiana. The utility said it has made a wide series of repairs since the plant conked out nearly a year ago.
Familiar name, self-pour beer concept planned at former Moe & Johnny’s site
The Bulldog Bar & Lounge, which is expected to open in May, will feature 48 self-serve taps in addition to traditional bar service and a restaurant named BD Social.
Ag-tech company Solinftec working to launch farm-field robot
Brazil-based Solinftec has had operations in West Lafayette since 2019. The company is now working to launch a robot that would continuously roam agricultural fields and collect information farmers can use to improve their operations.
Population growth slowed in Indiana in 2021
Indiana’s population growth in 2021 was the smallest annual increase since 2015, according to analysis released Thursday by the Indiana Business Research Center at Indiana University.
Southwest Airlines adding fourth fare level to boost revenue
It’s the first major change in Southwest’s fare structure in 15 years. Airline officials said the changes announced Thursday will take effect in May or June.
Major restaurant chains commit to eliminating ‘forever chemicals’
The effort to stamp out the chemicals comes in response to an investigation by Consumer Reports that found toxic chemicals in a majority of the food wrappers and packaging from chain restaurants and grocery stores that were tested.
IU Health’s new downtown hospital to feature three soaring towers
After more than six years of planning, Indiana University Health is moving forward with the next step of its new, $1.6 billion flagship hospital downtown, which will soar up to 16 floors above the street.
U.S. Postal Service doubles number of electric delivery trucks in initial order
The Postal Service formally placed its initial $2.98 billion order for 50,000 vehicles with at least 10,019 of them being battery-electric vehicles. That represents a doubling of electric vehicles from the initial plan.