Target starts paid membership program to compete with Amazon, Walmart
The new program, Target Circle 360, launches April 7 at a promotional rate of $49 a year through May 18, when it rises to $99 for members without a Target credit or debit card.
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New $29M Legend Fund aims to provide more capital to Indiana small businesses
The IEDC said the Legend Fund will give non-traditional lenders an incentive to provide operating capital to Indiana-based businesses. Eligible lenders could have a portion of the loans they issue purchased by the IEDC, freeing up capital to support more entrepreneurs and small businesses.
U.S. facing legal fight over plan to cap credit-card late fees at $8
The U.S. Chamber of Commerce said it will file a lawsuit to try to prevent the federal agency from capping late fees.
Republic, Blue Polymers seek $9.9M in tax breaks on south-side recycling complex
Together called the Polymer Recycling Complex, the two side-by-side buildings are expected to work together to recycle plastics from curbside collection and then use that recycled plastic to create new products.
Brainard endorses Raju Chinthala for 5th Congressional District seat
Chinthala, a Carmel resident, is the founder and president of the Indiana-India Business Council and formerly served as a senior adviser for Indiana for the Indiana Economic Development Corp.
‘Iron Chef America’ winner announced as Rev celebrity chef
Beau MacMillan defeated Bobby Flay in a 2006 “Iron Chef” challenge and co-hosted Food Network show “Worst Cooks in America.”
Gainbridge signs college star Caitlin Clark to sponsorship deal
Gainbridge—which holds the naming rights for Gainbridge Fieldhouse, home to the Indiana Fever and the Indiana Pacers—said Clark will serve as brand ambassador for the company.
Senate moves foreign ownership of farmland bill over economic development concerns
Senate sponsors on Monday pushed back against exemptions for a specific agricultural project in northern Indiana, noting that 11 Chinese companies are currently seeking projects within Indiana.
EA Sports says more than 10,000 athletes have accepted NIL deal for video game
EA Sports said players who opt in to the game will receive a minimum of $600 and a copy of EA Sports College Football 25.
Sun King planning taproom and food hall in downtown Westfield
Members of the Westfield Advisory Plan Commission unanimously approved a development plan for the taproom and food hall on Monday night.
Holcomb signs controversial bill that ends local bans on retail pet sales
The law overturns 21 ordinances passed by local governments, including Indianapolis, Carmel and Bloomington, that banned pet stores from selling puppies from breeding operations. The local measures were designed with the intent of limiting puppy mills.
After heart transplant, former Pacers player Scot Pollard plans to campaign for organ donations
Scot Pollard had grown so accustomed to his weak and failing heart that he didn’t realize how close he was to dying, he said a day after he was released from the hospital and two weeks after he received a heart transplant.
Local hospitals scramble to deal with disruptions after major cyberattack on vendor
Thousands of hospitals and doctors’ offices across the country could see huge delays in getting paid by insurers for thousands of procedures worth millions of dollars after what is being called “the most significant cyberattack on the U.S. health care system in American history.”
JetBlue, Spirit end $3.8B merger plan after federal judge blocks deal
Spirit CEO Ted Christie said he was disappointed that the airlines could not combine and create a new challenger to the nation’s four biggest airlines.
Allegion acquires Spanish access-control firm
Allegion, which has its Americas headquarters in Carmel, announced Monday that it has acquired Spain-based Montajes Electronicos Dorcas S.L.
Finkam appoints former Indianapolis deputy mayor as Carmel’s eco-devo chief
Nick Weber’s resume includes stints working for Indianapolis Mayors Stephen Goldsmith and Greg Ballard, as well as late Indiana Sen. Richard Lugar.
Lawmakers enter last week of session with some issues still hanging
Indiana’s lawmakers have just days to finalize legislation in key areas like health and education—from literacy and antisemitism to ambulances and a Medicaid shortfall.
Supreme Court rejects state attempts to ban Trump from ballots over Capitol attack
The justices ruled a day before the Super Tuesday primaries that states cannot invoke a post-Civil War constitutional provision to keep presidential candidates from appearing on ballots.
Indiana to promote state’s EV industry in trade trip to South Korea
Part of the trip will involve showcasing the state’s growing electric vehicle industry at InterBattery 2024, South Korea’s leading battery exhibition, which is expected to draw about 75,000 attendees and 500 businesses.
IBJ Podcast: IU Indianapolis chancellor driving big changes on downtown campus
Latha Ramchand discusses her upbringing and education in Mumbai, India, and the mission to make IU Indianapolis (the IU side of the IUPUI split) one of the nation’s premier urban research universities.