Federal Reserve leaves key rate unchanged as it sees risk of inflation, higher unemployment
Many economists and Wall Street investors still expect the Fed will reduce rates two or three times this year.
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ACLU sues governor’s office over change to IU board of trustees
The filing urges the Monroe County Circuit Court to rule on a budget provision giving the governor full control over Indiana University’s board of trustees.
Guided by canned cocktail success, Hi & Mighty distillery rebrands
The distillery, which previously planned to open a year-round bar at the Indiana State Fairgrounds, now operates as a retail-only concept.
Bloomington entrepreneurship center The Mill names new CEO
The new leader replaces The Mill’s founding CEO, Pat East, who announced his departure in January.
Apple working to move to AI search in browser amid Google fallout
The heart of the dispute is Apple and Google’s estimated $20 billion-a-year deal that makes Google the default offering for queries in Apple’s included browser.
UPDATE: CIB negotiating with designer for proposed downtown soccer stadium
The Kansas City, Missouri-based Populous Design has planned Major League Soccer stadiums such as TQL Stadium in Cincinnati; Allianz Field in St. Paul Minnesota; GEODIS Park in Nashville, Tennessee; and Children’s Mercy Park in Kansas City, Kansas.
Trump drug price idea could cost industry $1 trillion, lobbying group says
The idea, floated by the White House as a way to help pay for the president’s tax cut plan, blindsided the pharmaceutical industry and has prompted a furious lobbying campaign.
Lilly chief scientist talks drugmaker’s new $4.5B campus, recruiting and innovation
Chief Scientific Officer Dr. Daniel Skovronsky talked with the IBJ about his hopes for the Lilly Medicine Foundry, which the Indianapolis-based drugmaker broke ground on this week.
China rolls out more stimulus, agrees to trade talks as tariffs hit economy
China announced a barrage of measures meant to counter the blow to its economy from U.S. President Donald Trump ’s trade war, as the two sides prepared for talks later this week.
Developer plans $100M Sheridan theme park with 6-acre lake, tubing hill, ropes course
A Carmel-based developer plans to begin construction next month on SkyLake after the 126-acre project received rezoning approval Tuesday night.
WeightWatchers files for bankruptcy protection to eliminate debt burden
The 62-year-old company, which has moved into the prescription drug weight loss business, hopes to emerge from bankruptcy within 45 days.
Caitlin Clark’s return to Iowa for Fever preseason game draws big viewership for ESPN
The average viewership for Sunday’s game was 13% higher than ESPN’s 2024 regular-season average for the WNBA.
Lilly breaks ground on $4.5B foundry campus in Lebanon’s LEAP District
Officials from the Indianapolis-based drugmaker said the Lilly Medicine Foundry will help streamline the process of discovering new medicines and getting them to patients.
Indiana bill roundup: Here’s what happened to legislation IBJ followed this session
Gov. Mike Braun signed 243 bills into law during this year, including more than 60 on Tuesday. Here’s a rundown of some of the most significant pieces of legislation that made it through this year’s General Assembly.
Truck driver lawsuits alleging negligence by Amazon heading back to Hamilton County court
The cases stem from two separate incidents in 2022, in which drivers were having trouble locating where to make deliveries at an Amazon fulfillment center in Mt. Comfort.
Braun signs bill scrutinizing nonprofit hospital prices
House Bill 1004’s core pricing scrutiny targets hospital systems with $2 billion or more in net patient service revenue in the state.
Crews at Henry Street Bridge site finding more graves than anticipated, city says
City officials initially estimated as many as 650 grave shafts could be found while excavating the former Greenlawn Cemetery site.
Justice Department expands effort to break up Google with possible teardown of ad network
The government’s latest proposal was filed two-and-half weeks after a federal judge ruled that Google’s lucrative digital ad network has been improperly abusing its market power to stifle competition.
Attorney says NCAA deal should resolve judge’s concerns over roster limits
An attorney in the $2.8 billion legal case reshaping college sports said an agreement reached with the Indianapolis-based NCAA should address U.S. District Judge Claudia Wilken’s concerns.
Town Council rejects plan for 350-plus homes in rural Zionsville
The plan for the Reserve at Union Woodlands was opposed by residents living in rural Zionsville and raised safety concerns from executives with the nearby Indianapolis Executive Airport.