Axios Indianapolis

November 09, 2023
It's Thursday for you, but Friday for us!
๐ฅ๏ธ Today's weather: Mostly cloudy, then some sun, with a high of 57.
๐๏ธ Programming note: We're off tomorrow to observe Veterans Day, and won't be back in your inboxes until Monday.
Today's newsletter is 942 words โ a 3.5-minute read. Edited by Lindsey Erdody and copy edited by Bill Kole.
1 big thing: Whitfield part of historic trend
Whitfield was greeted like a celebrity at the Marion County Democrats' party Tuesday night. Photo: Arika Herron/Axios
Marion County was one of several communities across the country that made history during Tuesday's election.
Driving the news: Democrat Deb Whitfield was elected mayor of Lawrence, making her Marion County's first Black mayor.
Why it matters: There are still milestones that women and minorities haven't yet achieved โ including being elected to positions of power and leadership in many communities.
- Plus: Nearly one-third of Marion County residents are Black, according to U.S. Census Bureau estimates.
What happened: Whitfield, a Lawrence resident since 1995, beat deputy mayor Dave Hofmann with about 53% of the vote.
- She succeeds Republican Mayor Steve Collier, who didn't run for a third term.
Her background: Whitfield has served on the Lawrence Common Council since being elected in 2019.
- She currently works as the director of diversity, equity, and inclusion for Community Health Network, where she previously worked as a respiratory therapist.
What they're saying: "It's a very diverse community," said Indiana Democratic Party Chairman Mike Schmuhl. "Representation matters. Having leadership in Indiana that reflects our state is very, very important and that's one of the reasons why we're excited about Deb's win."
Meanwhile, Ronald Morrell Jr. is the first Black Republican to be elected mayor in Indiana's history โ winning in the city of Marion.
- Democrat Angie Nelson Deuitch won Tuesday, making her the first Black mayor in Michigan City.
- Stephanie Terry, a Democrat, was elected in Evansville, making her that city's first Black and first female mayor.
Zoom out: They're all part of a trend of cities around the country electing "firsts."
- In Philadelphia, Cherelle Parker became the first woman elected mayor.
- Des Moines, Iowa, also elected its first woman mayor, Connie Boesen.
- Minneapolis suburb St. Louis Park elected the state's first Somali American mayor โ Nadia Mohamed, who will also be the city's first Black and Muslim mayor.
Go deeper: Even more firsts
2. Eli Lilly gets approval for weight loss drug
The Eli Lilly headquarters in Indianapolis. Photo: jetcityimage via Getty Images
The Food and Drug Administration yesterday approved using Eli Lilly's diabetes drug Mounjaro for weight loss, making it the second in a new class of drugs to receive the agency's OK as an obesity treatment, Axios' Adriel Bettelheim writes.
Why it matters: About 70% of American adults are overweight or obese, and pharmaceutical companies are in a race to deliver drugs that help people with weight-related conditions like high blood pressure, diabetes and high cholesterol.
State of play: There are a handful of drugs that have hit the market in recent years that have far outpaced previous generations of weight loss drugs in effectiveness, Axios' Tina Reed writes.
The big picture: Lilly's drug will be marketed under the name Zepbound and have a list price of $1,060, which is about 20% less than Novo Nordisk's rival drug Wegovy, per the company.
- Physicians already prescribe Mounjaro for "off-label" treatment of obesity, but the FDA designation is likely to drive up already sky-high demand for the treatment and intensify supply and equity concerns.
What we're watching: People with commercial insurance whose plan covers Zepbound may be eligible to pay as little as $25 for a one-month or three-month prescription, Lilly said.
- Those without coverage may be eligible to pay $550 for a one-month supply via a savings card program.
What they're saying: "In light of increasing rates of both obesity and overweight in the United States, today's approval addresses an unmet medical need," said John Sharretts, director of the Division of Diabetes, Lipid Disorders, and Obesity in the FDA's Center for Drug Evaluation and Research.
3. Pit stop: Where we also get a lot done in 30 seconds
Illustration: Brendan Lynch/Axios
๐ The blue shirt is back. The day after the 2023 election, Republican Mike Braun released his first statewide TV ad for the 2024 governor's race.
- In just 30 seconds, Braun managed mentions of manufacturing, fentanyl, "illegal immigrants," a nod at critical race theory, knocks on President Biden and Anthony Fauci, and his Trump endorsement โ all while donning his trademark look. (Mike Braun for Governor)
๐ Kokomo native Shawn Fain went from little-known rabble-rouser to corporate conqueror in less than a year at the helm of the UAW, securing a 25% raise over nearly five years, the return of cost-of-living adjustments, increased retirement benefits and more from Detroit's Big Three Automakers. (Axios)
๐ฎ Carmel Police Chief Jim Barlow is retiring, giving Mayor-elect Sue Finkam a crucial hire to make as she prepares to take office Jan. 1. (IndyStar)
4. Homes out of reach for middle-income earners
Illustration: Sarah Grillo/Axios
The median household income in Central Indiana is about $76,000 a year, but families need to earn $5,000 more to comfortably afford the median-priced home, per a new analysis from Redfin.
Driving the news: Americans haven't felt this discouraged about homebuying in decades, Axios' Brianna Crane writes.
The latest: The median Indianapolis-area home price was about $300,000 in August, per Redfin's data.
- Mortgage rates continue to stay above 7%, putting monthly payments out of reach on homes that might have been affordable two years ago.
Zoom out: The median income in the U.S. is $75,000 a year, but it takes $115,000 to afford the typical home.
The bottom line: Indianapolis maintains an affordability advantage compared to other cities, but that comes as little solace to people struggling to find houses for sale that fit their budgets.
Fresh job openings around town
๐ผ Take your career to the next level and see who's hiring.
- Managing Director at Summer Stock Stage.
- Associate Director - International Business Tax Strategy at Lilly.
- Director of Internal and Member Communications at NCAA.
Want more opportunities? Check out our Job Board.
Hiring? Use code FIRST50 for $50 off your first job post.
5. ๐บ๐ธ 1 map to go: Where veterans live
This weekend is one for honoring the veterans who've served this country โ many of whom return to civilian life and become our friends and neighbors.
Driving the news: Roughly 6.2% of Hoosiers have served, according to the U.S. Census Bureau.
What's happening: The holiday is Saturday but the Indianapolis Veterans Day Parade is at noon tomorrow.
- It starts at Michigan and Pennsylvania streets, heads south to New York Street and turns west, looping around the Legion Mall and Indiana War Memorial to head north on Meridian Street and end at St. Clair Street.
Our picks:
๐ Arika is spending the long weekend in Ohio for her favorite annual tradition: making lasagna from scratch with good friends.
๐ James is enjoying the discourse over whether the New England Patriots might fire Bill Belichick if they lose to the Colts on Sunday.
๐ Lindsey can't believe it's already time for holiday light displays to start.
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