Cooler hiring, milder pay gains could aid inflation fight
America’s employers added a solid 223,000 jobs in December, but average hourly pay growth eased in December to its slowest pace in 16 months.
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Indianapolis-based High Alpha shifting to a founder-first model of biz creation
Traditionally, Indianapolis-based venture studio High Alpha has created new software companies by starting with an idea for a company, then finding an entrepreneur or team to lead that startup. High Alpha is shaking up that model this year.
Lawmakers cautiously eye property-tax relief with big bills on horizon
Indiana lawmakers are drawing up changes to the state’s property-tax system, with rising assessments last spring pointing toward potentially high bills this year. But their approach has been cautious.
Signs of possible deal emerge in House speaker fight
The contours of a deal that could make Republican leader Kevin McCarthy the House speaker have begun to emerge after three grueling days and 11 failed votes in a political spectacle unseen in a century.
Third Republican candidate announces run for Westfield mayor
Kristen Burkman will compete with Jake Gilbert and Scott Willis in May’s Republican primary election. Mayor Andy Cook has not yet announced if he will seek a fifth term.
Judge orders Rokita to publicly release inspector general’s report about former job
The decision comes nearly two years after a local voting rights activist made a push for the document to be released. Barbara Tully originally asked the attorney general’s office for a copy of the opinion, but the office denied her public records request.
Startups face cautious investors amid economic woes
Many startups are attempting to find their wings at a time when consumers are tightening their belts and being more picky about how to spend their money.
Stellantis CEO says cost cuts necessary due to higher EV prices
Without cost reductions, EVs will be too expensive for the middle class, shrinking the market and driving costs up more, CEO Carlos Tavares told reporters Thursday at the CES gadget show in Las Vegas.
NFL: Bills-Bengals won’t resume; playoff scenarios revealed
Also, the NFL said playing the game between the Bills and Bengals would have required postponing the start of the playoffs by a week, and affecting all 14 teams that qualified for the postseason.
Gannett to eliminate 2 of 4 printing presses in Indianapolis, cut 56 jobs
The company, which owns The Indianapolis Star, said in a notice to the state that the layoffs will begin on or about March 13.
Punk Rock Night founder envisions museum for the fast and loud
A storefront near the Melody Inn is to become home to Punk Rock Night Foundation and a sizable stash of band memorabilia.
Forest Service to start Indiana project despite concerns
Opponents worry the project could harm the water quality of Lake Monroe, a reservoir that serves all of adjacent Monroe County and provides drinking water for about 120,000 people.
Former DWD employee charged with filing more than $34K in fraudulent claims
According to the investigative report filed by Indiana’s Office of Inspector General, a program specialist filed for and received unemployment insurance benefits while employed at the agency and also oversaw her husband’s fraudulent unemployment claims.
City-county councilors urge library to appoint Hayes as CEO
A letter signed Thursday by 16 city-county councilors is urging the Indianapolis Public Library Board to offer Nichelle Hayes the position of CEO following community outrage that she was passed over.
Fishers Mayor Scott Fadness to seek reelection
Fadness became the Hamilton County city’s mayor in 2015 after previously serving as town manager and has been the city’s only mayor, overseeing tremendous growth in both population and development.
Indianapolis dermatologist pleads guilty to understating taxes
Dr. A. David Gerstein, a dermatologist with practice on North Meridian Street, filed a plea agreement Dec. 28 in U.S. District Court in Indianapolis.
Southwest starts on reputation repair after cancellations
With its flights running on a roughly normal schedule, Southwest Airlines is now turning its attention to repairing its damaged reputation after it canceled 15,000 flights around Christmas and left holiday travelers stranded.
Bed Bath & Beyond warns about bankruptcy as sales plummet
“There is substantial doubt about the company’s ability to continue as a going concern,” the retailer said in a statement.
Andretti partners with General Motors for Cadillac F1 bid
Andretti said in Thursday’s announcement—the culmination of four months of negotiations with General Motors—that the American automaker provides the Andretti effort the additional value rival teams have argued new teams must bring to F1.
FTC proposes rule that would ban noncompete clauses
The FTC proposal is based on a preliminary finding that noncompete clauses quash competition in violation of Section 5 of the Federal Trade Commission Act. Section 5 bans unfair methods of competition.