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IU Kelley School of Business Expert Weights in on Prediction Markets and Midterm Elections
As prediction markets play a growing role in election forecasting and increasingly compete with traditional polling, Russell Rhoads, clinical associate professor of finance at the Indiana University Kelley School of Business Indianapolis, is available to provide expert analysis and commentary. Rhoads can help audiences understand how prediction markets work, what market odds actually signal about election outcomes, and why investors, analysts, and political observers are payin
N. Syracuse Manufacturer Marks Milestone, Plans for the Future
Air Innovations has grown from a small local manufacturer into a global business, selling its products in 74 countries organizations. Some of its clients include NASA, Blue Origin and SpaceX. By Stefan Yablonski [caption id=attachment_11117 align=alignright width=450] Michael Wetzel, president and CEO, and his father, Larry, who currently is an adviser to the board of directors. Larry served as the chairman of the board until 2024, when the company was acquired by Altus Capital Partners, a private equity firm.[/caption] Air Innovations in North Syracuse hopes to add more employees and possibly even expand its facility in the near future. The company is a global leader in designing and building environmental process control systems for applications that can’t be addressed with standard HVAC equipment, according to Michael Wetzel, president and CEO. “We customize solutions for temperature, humidity, filtration and pressurization, with additional capabilities in direct-expansion, chilled-water and thermoelectric technologies. Our business now is entirely focused on specialty or niche markets.” Air Innovations celebrated its 40th anniversary on Sept. 18, marking four decades of doing business, manufacturing products and growing in Central New York. In the beginning [caption id=attachment_11138 align=alignright width=451] A worker, Ezzy Salehi, tests a Wine Guardian condenser unit at Air Innovations.[/caption] “A guy by the name of Jim Kelley started the business [known as Floratech] in 1986. It was focused on refrigerated display cases for supermarket fresh flowers,” Wetzel said. “My father [Larry] started Clean Room Technology in the early 1980s, then sold that to a French company called Clestra Cleanroom. “My father and I bought Floratech in 1996 — 30 years ago, 10 years after it was started. Then in 1999, Floratech bought a portion of Clestra and their building. At that point everything was still called Floratech. But, as that was not reflective of the diversity of the business, we rebranded as Air Innovations in 2001.” The company rebranded to pursue a strategy of diversification in specialty HVAC systems. Wetzel explained that since then, it has become a trusted global partner, earning the President’s “E” Award for Exports and securing contracts in the most demanding fields, including aerospace, defense and semiconductor manufacturing. Air Innovations has grown from a small local manufacturer into a global business, selling nearly 70,000 units in 74 countries and territories and developing custom environmental control systems for companies and organizations including NASA, Blue Origin and SpaceX. “We work with all the big names you ever heard of and some you never heard of,” Wetzel added. The Wetzels sold the business two years ago to Altus Capital Partners, a private equity firm focused on control investments in lower middle-market, niche manufacturing companies in North America. Founded in 2003, Altus Capital Partners’ headquarters is in Wilton, Connecticut, with an additional office in Lincolnshire, Illinois. “They are an equity firm. Both my father and I both maintain a small minority share. I am going to continue to be involved. I call myself a part-time CEO. I will continue that role for the foreseeable future; I don’t see any change there.” Building to the future “We are at 58 employees right now, which is a little bit down. We had a high of 70. That moves along with the activity we have,” Wetzel said. “We’ll start ramping up here in the fourth quarter into next year. More than 20% of our employees have been with the company for more than a decade. “I am fairly certain that sometime in the next several years we are going to have to enlarge the footprint of our facility and for sure we are going to have to add employees. We already are. We are probably going to have to add five or six people next year. We are always in the market for HVAC technicians; we always need those.” Air Innovations will remain in Central New York, with its current workforce staying in place, he added. “I believe the primary driver of our success over time is the diversity of our business which is a direct result of our willingness to tackle new challenges,” Wetzel said.
IU Kelley School of Business to hold Futurecast 2027 at The Commons
Economists at the Indiana University Kelley School of Business will provide guidance and help Hoosiers understand where the economy has been and where it may go at Futurecast 2027, an 11-city statewide economic outlook tour that begins Nov. 4 in Indianapolis.
Dr. Mark B. Kelley on piracy, sympathy and ocean politics in Antebellum American legal culture, Oct. 20
Dr. Mark B. Kelley, two-time Marquette English alumnus, will discuss his new book, "Crimes Against Feeling: Piracy, Sympathy, and Ocean Politics in Antebellum American Legal Culture.”
Finding 2026's Most/Least Interesting Fantasy Offenses (With Science!)
Want an utterly unscientific way to figure out who is producing in fantasy this year? Daniel Kelley dives in.
Kelley Liu’s Song of Skin to Open SoHo Flagship, Expand CelDot
Kelley Liu is opening Song of Skin’s first permanent store in SoHo, hosting an L.A. pop-up and expanding her K-beauty brand CelDot.
An evening of acoustic folk and bluegrass
Aitkin County Friends of the Arts will present an evening of acoustic folk, bluegrass and ambient music featuring LaPlant Road, Kelley Smith and Everybird from 6-9 p.m. on Saturday, Oct.
Country star diagnosed with rare blood cancer after health scare: ‘One day at a time’
Charles Kelley, the singer and songwriter best known as a founding member of the country trio Lady A, revealed he’s been diagnosed with a rare blood cancer.
Country star diagnosed with rare blood cancer after health scare: ‘One day at a time’
Charles Kelley, the singer and songwriter best known as a founding member of the country trio Lady A, revealed he’s been diagnosed with a rare blood cancer.
Country star diagnosed with rare blood cancer after health scare: ‘One day at a time’
Charles Kelley, the singer and songwriter best known as a founding member of the country trio Lady A, revealed he’s been diagnosed with a rare blood cancer.
Country star diagnosed with rare blood cancer after health scare: ‘One day at a time’
Charles Kelley, the singer and songwriter best known as a founding member of the country trio Lady A, revealed he’s been diagnosed with a rare blood cancer.
Country star diagnosed with rare blood cancer after health scare: ‘One day at a time’
Charles Kelley, the singer and songwriter best known as a founding member of the country trio Lady A, revealed he’s been diagnosed with a rare blood cancer.
Lady A's Charles Kelley reveals rare blood cancer diagnosis
LOS ANGELES — Lady A singer Charles Kelley has been diagnosed with multiple myeloma, a rare type of blood cancer. The country star shared his diagnosis in a video posted
Lady A’s Charles Kelley Reveals Rare Blood Cancer Diagnosis After ‘Random’ Health Concern Sparked Testing
The singer shared the “hard news” with his wife, Cassie Kelley, by his side.
Lady A's Charles Kelley diagnosed with rare blood cancer after painful health scare
Lady A's Charles Kelley shared a video revealing that unexplained rib fractures led doctors to discover multiple myeloma, a rare blood cancer.
2nd Congressional District: Republican Kelley Dennison
The political newcomer, 27, said she wants more people from her generation, Gen Z, to join the political conversation.
What happened when scientists grew human brain tissue inside mice - Futura-Sciences
Without native tissue in the way, the transplanted human cells multiplied to five times their initial size, grew their own blood vessels, and connected directly to the mice’s spinal cords. Led by first author Kelley Kaganovsky and senior author Sergiu Pașca, the team published the findings in Nature on September...
Indiana University lands record $100M donation for business, philanthropy schools
In recognition of the record-setting gift, the IU Board of Trustees voted Wednesday to name the Kelley School’s graduate division the Jeffrey H. Thomasson Graduate School of Business.
Health administrator fired, plans wrongful termination suit against Monroe County
Monroe County health administrator Lori Kelley has been fired, her attorney says, and plans an EEOC charge and lawsuit alleging sexual harassment and retaliation. Her departure comes as the health department is struggling with nursing vacancies.
Martha Reichert
Martha Reichert is a partner at the East End law firm of Twomey, Latham, Shea, Kelley, Dubin & Quartararo, where she serves as co-chair of the land use and zoning group.
Entertainment District Around Akins Ford Arena Starts to Take Shape
Selling or leasing county-owned property around Akins Ford Arena has always been part of the plan for funding its construction, and the Athens-Clarke County Commission took another step toward that goal last week. The county is putting a parcel known as the Kelley Diversified tract on Willow Street up for sale. The old City of Athens bought the land and built a warehouse in 1970, and for a time it was used for vocational training. The unified government declared it surplus in 2007, but bids came in well below expectations, so it was never sold. However, since then the area between downtown and the North Oconee River has been built up, so the property could be more desirable to developers […]
Scott Wolf's ex-wife Kelley Wolf apologizes after divorce battle, arrest
Scott Wolf's ex-wife Kelley Wolf, who was arrested amid the couple's divorce, opened up about her mental health struggles in a new social media post.
Sanford surgeon earns prestigious traveling fellowship
Orthopedic surgeon Nathan Skelley, an AANA Traveling Fellow, is working to advance orthopedic programs at Sanford Health for years to come.
Kelley Wolf publicly apologizes to estranged husband Scott Wolf for ‘all of the chaos’
Kelley Wolf is apologizing to estranged husband Scott Wolf for ‘all of the chaos’ she caused during a mental health crisis last year.
Why Michigan startups are finding success
Nick Joe Kelley, owner and founder of Elite Paint Home Renovations, at a customer’s home in New Baltimore, Aug. 25, 2026.
The new Miss USA is Miss Virginia Justus Kelley
Miss Virginia Justus Kelley was crowned the new Miss USA in Miami on Thursday. She will represent the US at the Miss Universe pageant in November.
Business Briefs: Aug. 28, 2026
UMassFive welcomes new community engagement pro HADLEY — UMassFive College Credit Union has hired Kelley Jewell as its community engagement coordinator. This newly created position reflects UMassFive’s continued investment in community engagement and expands the credit union’s ability to deliver financial wellness programs, strengthen community partnerships and support volunteer efforts throughout the Valley. In this […]
Edmond business celebrates end of 11-month road construction project by holding re-launch
Edmond's Danforth and Kelley intersection reopens, giving businesses a much-needed boost after months of construction.
Fantasy Football Sleepers, Busts & Predictions: 2026 San Francisco 49ers
(Every roster is different, but there are traits on each one. All summer, Daniel Kelley will go roster-by-roster to identify the top fantasy football sleeper and bust on each roster and make a bold prediction for each team. This is…
Kelley Paul: America's Founders were the 'first civil rights heroes'
Kelley Paul's new book, "Good Night, Young American" takes children on a fantastic journey through early and colonial American history.
Academy Sports + Outdoors coming to Siloam Springs
Marc Hayot/Herald-Leader Construction workers prepare the ground to build the new Academy Sports + Outdoors in between the Walmart Supercenter and Lowe's Home Improvement on June 24. An opening date has not been set, said Kelley Jones, senior external communications specialist for Academy Sports + Outdoors.
Opinion | Dennison: I’ll fight for responsible spending, reducing unnecessary regulations and help small business and more if elected
Like many Coloradans, I’ve grown increasingly frustrated watching Washington become more focused on partisan gamesmanship than solving real problems. Families, workers, retirees and small business owners across Colorado are facing challenges that politicians love to...
Opinion | Dennison: I’ll fight for responsible spending, reducing unnecessary regulations and help small business and more if elected
Like many Coloradans, I’ve grown increasingly frustrated watching Washington become more focused on partisan gamesmanship than solving real problems. Families, workers, retirees and small business owners across Colorado are facing challenges that politicians love to...
Opinion | Dennison: I’ll fight for responsible spending, reducing unnecessary regulations and help small business and more if elected
Like many Coloradans, I’ve grown increasingly frustrated watching Washington become more focused on partisan gamesmanship than solving real problems. Families, workers, retirees and small business owners across Colorado are facing challenges that politicians love to...
This Junior Is Chasing A Kelley Business Degree At 150 MPH
A Kelley School of Business junior is chasing an IndyCar dream while earning his degree, racing with IU’s trident on his car, helmet and suit.
IU Kelley Student Competing in Open-Wheel Racing, While Also Pursuing a Business Degree
For more than 100 years, the Indiana University Kelley School of Business has created career momentum for thousands of students. But this May, a junior studying finance and accounting, will experience it faster than any Kelley student who has come before him. The Kelley School is supporting Joey Brienza, a Kelley direct admit and Hutton Honors College student and a race car driver who competes in the USF Pro 2000 Series, a premier open-wheel racing series in the ladder to INDYCAR. On May 9, he w
Pasadena Youth Sports Treasurer Accused Of Stealing Over $242K From Local Athletic Club
PASADENA, Md. — A former treasurer for a Pasadena youth sports organization is accused of stealing more than $242,000 from the program over several years, prompting concern among families and an investigation by Anne Arundel County police. Kelley Ann Haley, 45, of Pasadena, was charged April 28, 2026, on a criminal summons following an investigation […]
Supreme Court Allows Licensed Mental Health Practitioners to…
HRC President Kelley Robinson: “To undermine protections that keep kids and families safe from these abusive practices is shocking — and our children…
Rice Business’ online MBA ranked among world’s top programs by Financial Times
Rice’s Jesse H. Jones Graduate School of Business has been ranked among the world’s leading online MBA programs in the Financial Times Global Online MBA Rankings, placing No. 13 globally (tied with the Kelley School of Business at Indiana University) and No. 6 in the United States.
10 Cybersecurity Must-Checks for Small Business Leaders in Central Florida
Kelley Information Technology outlines key cybersecurity actions every SMB executive in Central Florida should take to mitigate risks and ensure...
FBI Search Journalist's Home, U.S. Greenland Talks, Mental Health Funding : Up First from NPR
The FBI searches the home of a Washington Post reporter as part of a leak investigation, raising concerns among press advocates about an escalation against press freedom.U.S. talks with Denmark and Greenland end without a deal on Greenland’s future, but a new working group forms as allies push back on President Trump’s security-driven claims.And after widespread confusion and backlash, the Trump administration reverses course and restores roughly $2 billion in funding for mental health and addiction programs nationwide.Want more analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.Today’s episode of Up First was edited by Emily Kopp, Rebekah Metzler, Mohamad ElBardicy and Alice Woelfle.It was produced by Kaity Kline, Nia Dumas and Christopher Thomas.We get engineering support from Neisha Heinis. And our technical director is Carleigh Strange.Our deputy Executive Producer is Kelley Dickens.
Video What to expect from the 83rd Golden Globes
Kelley Carter, senior entertainment reporter at ESPN’s Andscape, joins ABC News Live to discuss top Golden Globes predictions.
Video Predictions for 89th Golden Globes: ‘Sinners,’ ‘The Pitt’ and more
Kelley Carter, senior entertainment reporter at ESPN’s Andscape, is predicting big wins for “Sinners,” “One Battle After Another” and HBO’s “The Pitt.”
Listen to Radio Iowa's top news and sports stories in Iowa
Radio Iowa’s news and sports staff has compiled “year in review” reports since 1994 and you may listen to the reports for 2025 below. Radio Iowa’s Top News Stories, anchored by Matt Kelley. AUDIO Radio Iowa’s Top Business Stories, anchored by Dar Danielson. AUDIO Radio Iowa’s Top Political Stories, anchored by O. Kay Henderson. AUDIO […]