Indiana unemployment rate inches up in June
Meanwhile, the state’s labor force participation improved from 62.6% in April and 62.9% in May to 63.1% in June, which was slightly higher than the 62.2% national rate.
IBJ Staff
Articles
Inside INdiana Business TV show to move to CBS4 as part of larger news partnership
As part of the partnership between IBJ Media and Nexstar, Inside INdiana Business and IBJ will also produce short business segments that will be aired three days per week on Fox59.
Area homebuilders see 6th straight month of falling construction permits
Applications for newly built houses are continuing to trail last year’s pace in central Indiana, but homebuilders remain busy, according to the Builders Association of Greater Indianapolis.
Indiana Sports Corp. promotes COO Talty to president
Patrick Talty replaces Ryan Vaughn, who stepped down after leading the organization since 2014.
IBJ Media’s inaugural list of influential Hoosiers includes CEOs, entrepreneurs, philanthropists
The list, available at Indiana250.com, was compiled by the executives, editors and newsroom staffs at IBJ Media’s three news brands—Indianapolis Business Journal, Inside INdiana Business and Indiana Lawyer—after a monthslong process that included reviewing nominations, researching Indiana organizations and interviewing community leaders across the state.
Hillenbrand exploring ‘alternatives’ for its funeral, burial subsidiary
In 2019, Hillenbrand officials told IBJ that Batesville accounted for about one-quarter of the corporation’s sales and 40% of its cash flow, but trends toward cremation were denting revenue.
Semiconductor maker planning $1.8B plant, 750 jobs in Indiana
The project stands to receive more than $70 million in state economic development incentives and will hinge on whether it lands federal funding though the Creating Helpful Incentives to Produce Semiconductors, or CHIPS, program.
Semiconductor maker to announce Purdue partnership
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.
Former higher ed chief Lubbers joins Sagamore Institute as president
Jay Hein, who co-founded the not-for-profit institute with former U.S. Sen. Dan Coats in 2004, will move from president into the new position of CEO.
Police release details of Greenwood mall shooting, including identities of shooter, ‘good Samaritan’
Greenwood officials disclosed Monday afternoon that the shooter who killed three people at Greenwood Park Mall on Sunday evening—and then was shot and killed by a “good Samaritan” bystander—was a 20-year-old city resident who had a run-ins with police as a juvenile.
IndyHumane names new CEO from Texas animal-welfare group
The animal welfare not-for-profit expects Donna Casamento to start work in August, several months after its former leader exited without explanation.
UPDATED: Shooting at Greenwood Park Mall leaves 4 dead, 2 injured
On Monday morning, the Johnson County Coroner’s Office said two men were pronounced dead at the scene, and a woman and a man were pronounced dead at local hospitals.
Editorial: Tax refund plan is not only option for spending reserves
It’s certainly easy to see Holcomb’s motivation in proposing to send some of that money back to taxpayers. Higher prices at the pump, in the grocery store and, well, everywhere are squeezing Hoosier families.
EnerDel acquired by longtime board member’s company
EnerDel, founded in 2004, is a designer and manufacturer of lithium-ion energy storage products and battery systems for heavy-duty transportation, on- and off-grid electrical storage, mass transit and task-oriented applications.
Tom Linebarger to step down as Cummins CEO, remain chairman
Linebarger will be replaced by Cummins President and Chief Operating Officer Jennifer Rumsey, who has been with Cummins for 22 years, including the last 16 months as COO.
Former grocery exec to lead Indiana Department of Labor
David Redden served in numerous executive roles for former grocery chain Marsh Supermarkets for almost 20 years.
Area existing-home sales beginning to slow, but prices still rising
The active inventory of for-sale homes rose 47% from the previous month in central Indiana. Higher inventories could help bring down prices in coming months.
Fast-growing chicken finger chain plans two Indy-area restaurants
Baton Rouge, Louisiana-based Raising Cane’s Chicken Fingers is advertising for managers to oversee restaurants in Noblesville and Avon that will open late this year.
California restricts state-paid travel to Indiana, other states due to transgender laws
Indiana was added to the list as a result of passing House Bill 1041 in March. The law bans transgender girls from playing on female school sports’ teams.
Ohio-based behavioral health provider plans $6M Indianapolis facility
The renovated facility will be called Ethan Crossing of Indianapolis and feature a 42-bed hospital and inpatient behavioral health unit as well as a 46-bed residential Substance Use Disorder, or SUD, unit.