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Economy grew at solid 3% rate last quarter, government says in final estimate
Business investment increased at a vigorous 8.3% annual pace last quarter, led by a 9.8% rise in investment in equipment.
Cook Group sues Lloyd’s of London underwriter for refusing to honor $10M policy
More than 6,000 people have filed claims against Cook in connection with its inferior vena cava filters, which are small, metal, cage-like devices inserted into a vein that returns blood from the lower half of the body to the heart.
McCormick seeks to ‘reform’ IEDC as part of economic development plan
Jennifer McCormick, the Democratic candidate for governor, released a set of economic development policy goals Thursday morning that call for “reform and increased transparency” in the Indiana Economic Development Corp.
Braun health care plan builds on legislative action that previously failed
In contrast to Gov. Eric Holcomb, who largely stayed out of ongoing legislative negotiations, Braun firmly put his thumb on the scale in favor of one perspective over another across several contentious, ongoing discussions.
Billy Joel and Sting to share bill at Lucas Oil Stadium
Tickets for the Billy Joel and Sting concert at Lucas Oil Stadium go on sale to the general public at 9 a.m. Oct. 4.
North of 96th roundup: Doughnut shops among businesses opening in north suburbs
Multiple retailers, restaurants and other businesses recently opened or began planning new locations in the north suburbs of Indianapolis.
Steelworkers lose arbitration case against U.S. Steel in their bid to derail sale to Nippon
An arbitration board has ruled that U.S. Steel may proceed with its proposed acquisition by Nippon Steel, a deal that faces strong opposition from its workforce.
Indiana Fever eliminated from playoffs by Connecticut Sun
The loss prevents the Fever from returning home for a sold-out game Friday night in Indianapolis, where tickets on the secondary market were priced at hundreds to thousands of dollars.
Price of gold keeps climbing to unprecedented heights. Here’s why.
Gold hit another all time high this week. Recent gains for the precious metal are largely credited to ongoing economic uncertainty, geopolitical tensions and strong demand from central banks around the world.
Congress passes temporary bill to avoid shutdown as lawmakers punt spending decisions to December
Lawmakers in both chambers are anxious to return to their home states and districts to campaign, smoothing the path for passage of the temporary funding fix. But more arduous fiscal negotiations await them at the end of the year.
Fluoride in drinking water poses enough risk to merit new EPA action, judge says
Last month, a federal agency determined “with moderate confidence” that there is a link between higher levels of fluoride exposure and lower IQ in kids.
Allied Solutions signs naming rights deal for Carmel’s Center for the Performing Arts
The seven-year sponsorship deal renames the not-for-profit arts organization and its three-venue campus the Allied Solutions Center for the Performing Arts.
Alexander Rossi lands seat with Ed Carpenter Racing
Team owner Ed Carpenter, who had already scaled back to racing just ovals, will only run the Indy 500 next year in a third ECR entry.
Methodist Hospital to come tumbling down after IU Health opens new hospital
When the hospital opened its doors in 1908, Theodore Roosevelt was in the White House. It is being replaced by a $4.3 billion hospital project directly to the south.
Shoppers expected to spend record $241B online this holiday season
Both Coresight and Moody’s project total retail sales, in person and online, will grow around 3 percent during the last three months of the year, roughly on par with last year.
Indianapolis aviation companies plan significant expansions
Dabico A-Bridge LLC and its parent company, Dabico Airport Solutions LLC, plan to expand their Indianapolis facilities and add another 151 jobs by the end of next year.
Report: State loses out on $4.2B annually due to child care shortage
Broadly speaking, the $4.22 billion in untapped economic potential falls into two categories: workplace disruptions—such as worker absenteeism and employee turnover—and lost tax dollars from unearned wages.
Applications for new homes rise for 14th straight month in central Indiana
Led by big surges in applications in Hancock and Johnson counties, demand for new homes in the Indianapolis area continued to grow in August.
Congress moving swiftly to fund government, avert shutdown
Congress is expected Wednesday to approve a temporary spending bill that would keep federal agencies funded when the new fiscal year begins next Tuesday.