Security products company Allegion on acquisition spree in 2025
Allegion, whose Americas division is based in Carmel, has completed nine acquisitions so far this year—a significant increase from recent years.
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IEDC leader to depart as part of ‘evolution’ of agency
Jeff Blade has served as the Indiana Economic Development Corp.’s executive director for less than a year.
Trump’s ‘no tax on tips’ plan covers unexpected jobs
The Treasury Department has released a preliminary list of jobs exempt from income tax on tips, including food service, concierge and salon workers—and some surprise occupations.
Left and right join forces over bill to ban lawmakers from trading stock
Lawmakers who agree on little else gathered to promote a ban that polls well with voters and appears to be finding new momentum after stalling out in previous sessions of Congress.
Trump asks Supreme Court to quickly take up tariffs case, reverse ruling finding them illegal
The ruling involves two sets of import taxes, both of which Trump justified by declaring a national emergency.
Indianapolis company accuses ex-employee of faking more than $60K in commissions
In a lawsuit, the former regional sales manager is also accused making fraudulent orders and copying trade secrets and confidential company information.
Historic commission withholds vote on $80M Bottleworks office building
Citing concerns about traffic flow and visibility of a parking garage, the Indianapolis Historic Preservation Commission tabled its decision on the building’s designs until at least October.
Judge reverses Trump administration’s cuts of billions of dollars to Harvard University
The government had tied the funding freezes to antisemitism, but the judge said the university’s federally backed research had little connection to discrimination against Jews.
Braun calls for evaluation of utility companies’ profits amid rate hikes
Gov. Mike Braun also appointed a new commissioner of the Office of Utility Consumer Counselor, which serves as an advocate for Indiana utility customers.
Salesforce’s struggling stock needs strong earnings to show AI progress, analysts warn
Salesforce shares are down 23% this year, putting them among the 30 worst-performing stocks in the S&P 500 Index. The company will release its second-quarter earnings Wednesday after the bell.
News outlet Indiana Citizen sues over access to voter list
The Indiana Citizen filed suit against Indiana’s secretary of state and attorney general, seeking a list of more than 585,000 registered Hoosier voters sent to the federal government to verify citizenship status.
Will Power lands at Andretti Global after parting ways with Team Penske
Power closed the door on his 17-year career with Team Penske with the announcement Wednesday that he will replace Colton Herta at Andretti Global.
Commission to consider modified plans for Bottleworks office building
The proposed nine-story building just north of the Bottleworks Hotel in the Bottleworks District is expected to include about 86,000 square feet of office space and a 300-space parking garage.
IPS taps company to run standalone special education program, starting year fully staffed
The program has behavior specialists assigned to each classroom, as well as two social workers and a psychiatrist to provide oversight for students with medication.
Colton Herta named test driver for Cadillac Formula 1 team
Herta will not compete in IndyCar in 2026, and the racing plans for next season for the 25-year-old will be announced at a later date.
US job openings slipped in July amid cooling market
The Labor Department reported Wednesday that job openings fell from 7.4 million in June and came in modestly below what economists had forecast.
IU med students get to work in new $230M education, research building
The 326,000-square-foot building is just south of the IU Neurosciences Research Center on 16th Street and next to Indiana University Health’s 864-bed, $4.3 billion downtown hospital complex.
An Indiana community bet on carbon capture. Trump is blocking it.
The administration’s cancellation of the $500 million grant for machinery to trap and bury the plant’s greenhouse gas left the staunchly Republican community stunned.
Athletes sue NCAA over redshirt rule in case that could cover thousands
The lawsuit filed Tuesday alleges the Indianapolis-based NCAA violates U.S. antitrust laws with how its redshirt rule covers playing time for athletes during five seasons of eligibility.
Broad Ripple sculpture receives green light from zoning board
The Indianapolis Board of Zoning Appeals approved the artwork’s placement at the northwest corner of Westfield Boulevard and College Avenue.
