Housing developer Litz & Eaton splits amid financial questions, client lawsuit
The breakup of the residential broker and homebuilder—who have worked together since 2010 and had several more projects in the pipeline—occurred in June.
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Bayer proposes paying $8B to settle Roundup cancer claims
An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its $63 billion purchase of the weedkiller’s maker, Monsanto Co.
U.S. wholesale prices see modest July increase
U.S. wholesale prices ticked up just 0.2% in July, the latest sign that inflationary pressures are largely in check.
INDOT set to close portion of Interstate 465 for 15 days
INDOT said all lanes of I-465 will be closed from I-65 on the south side to I-70 on the east side starting at 9 p.m. Friday.
McLaren to return to full-time IndyCar racing in 2020
The England-based company plans to return to full-time IndyCar competition next season for the first time since 1979 in a partnership with existing team Arrow Schmidt Peterson Motorsports.
IU researchers partner with LinkedIn to publish labor flow study
A small team of researchers at Indiana University, in collaboration with LinkedIn, has created the first-ever global map of labor flow—how people move between jobs and industries in geographic regions. IU researchers said their findings provide useful insights into the growth and movement of the economy.
Trump calls on Federal Reserve to make ‘substantial’ rate cuts
President Trump said that the Fed’s high level of interest rates in comparison to other countries was keeping the dollar too strong and making it more difficult for U.S. manufacturers to compete.
New USA Gymnastics president points to ‘positive trajectory’
Li Li Leung said she has spoken with more than 400 members of the gymnastics community—including Larry Nassar victims—in an attempt to create an open dialogue about what USA Gymnastics needs to become if it wants to survive.
Local charter school going out on its own, saying goodbye to longtime network
After years of being managed from afar by the charter network that started it, the local board that oversees Victory College Prep is betting that it can operate independently.
Former Indiana Pacers player joins First Merchants board
Clark Kellogg, a first-round draft pick for the Indiana Pacers in 1982 and current lead basketball analyst for CBS Sports, has been a member of the bank’s advisory board since 2001.
Bottleworks adds two more tenants to Garage Food Hall lineup
Vendors who sell seafood and distilled spirits have signed leases in the food hall portion of the $300 million Bottleworks development at 850 Massachusetts Avenue.
Wei Ramen restaurant preparing to open downtown
Upstairs from Wei Ramen, and under the same ownership, Indy Cyber Cafe plans to offer coffee, desserts and a pay-for-use business center.
IAC considers giving up control of ANGI Homeservices, Match Group
Shares of ANGI Homeservices Inc., the parent of Indianapolis-based Angie’s List, fell as much as 30 percent Thursday after the company’s quarterly results missed Wall Street expectations.
Early learning panelists say state has ways to go
Education and child-development experts in a panel discussion Thursday morning praised steps the state has taken to improve access to early education programs. But they also stressed that a healthy living environment was vital to learning and, eventually, developing the state’s future workforce.
Holcomb cleared of ethics violations by inspector general’s office
Spectacle Entertainment CEO and Chairman Rod Ratcliff flew Gov. Eric Holcomb and his wife to two Republican Governors Association meetings in 2018—one in July in Aspen, Colorado and one in November in Scottsdale, Arizona.
Simone Biles blasts USA Gymnastics: ‘You had one job … and you couldn’t protect us!’
It wasn’t the first time Biles had criticized Indianapolis-based USA Gymnastics and its former president, Steve Penny, for its inaction against Larry Nassar. But rarely has she been as emotional in public as she was Wednesday,
Medicare to cover pioneering cancer treatment nationwide
The treatment costs $375,000 or $475,000, depending on whether it is used for advanced lymphoma or pediatric leukemia. Hospital stays can add hundreds of thousands of dollars to the cost of care.
Largest U.S. immigration raids in a decade net 680 arrests
The companies involved could be charged with knowingly hiring workers who are in the county illegally and will be scrutinized for tax, document and wage fraud.
NCAA’s agent certification process draws concern, criticism
The measures—which now include requiring agents to have a bachelor’s degree—have been criticized by an attorney who has worked on numerous NCAA eligibility cases, at least one agent and NBA All-Star LeBron James, among others.
Elanco in advanced talks to buy Bayer animal-health unit, report says
The multibillion-dollar deal would swell the size of Elanco, which already is the fourth-largest global player in animal health.