IRS lost 31% of tax auditors in DOGE downsizing, watchdog finds
The IRS downsizing is due to a series of moves, spurred by Elon Musk’s Department of Government Efficiency, to cut the agency’s workforce.
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Steakhouse in Phoenix to be first Huse restaurant outside of Indiana
The owner of St. Elmo Steak House and Harry & Izzy’s is planning the Arizona restaurant as part of a $2 billion redevelopment of a former shopping mall.
Cummins withdraws 2025 financial guidance over tariff uncertainty
Cummins Inc. has become the latest in a string of companies to withdraw its 2025 guidance.
Elanco ramps up debt repayment, sells future royalties of flea and tick medicine for human use
Greenfield-based Elanco Health on Monday announced the $295 million cash sale of future U.S. royalty and milestone rights for the human use of a medication typically used for dogs and cats.
Washington to host 2027 NFL Draft, likely on National Mall
An estimated 600,000 fans attended last month’s three-day draft in Green Bay, Wisconsin. Indianapolis is among the cities hoping to host the draft in upcoming years.
Federal Reserve likely to ignore Trump, keep rates unchanged this week
President Trump and Treasury Secretary Scott Bessent have said that inflation has steadily cooled and high borrowing costs are no longer needed to restrain price increases.
Trump swiftly undoing transgender protections in HUD housing policies
With changes to the Equal Access rule and other guidance still unclear, what happens now often depends on where a case is filed.
IBJ Podcast: Inside the Legislature’s wild session on tax breaks, hospitals, IEDC and more
Three journalists who covered the budget-writing session recap the twists and turns of the four-month assembly as lawmakers locked bumpers over ways to save Hoosiers money and hit a revenue sinkhole.
Trump threatens 100% tariff on foreign-made films
U.S. film and television production in the U.S. was down 26% last year compared with 2021, according to data from ProdPro, which tracks production.
IBJ wins 9 honors, Indiana Lawyer earns 4 at Indiana journalism event
Combined, the publications won eight first-place awards Friday night at the Best of Indiana event in Carmel.
Trump administration asks Supreme Court to let DOGE access Social Security systems
Elon Musk, now preparing to step back from his work with the Department of Government Efficiency, has been focused on Social Security as an alleged hotbed of fraud.
Indiana lawmaker files disciplinary action against state’s attorney general
Indiana Attorney General Todd Rokita’s claims about a sitting lawmaker—that she stopped an immigration bill for “personal reasons”—could land him in more legal hot water.
Fire departments paying more for trucks that take longer to get
Cities and their fire departments are feeling the strain as post-pandemic wait times and costs for new fire trucks have shot up—due in part to industry consolidation.
Scouting council emerges from restructuring with new CEO, new resolve
After years of declining membership and institutional turmoil, Crossroads of America Council, Scouting America has a new leader who says the organization still offers a compelling model for young people to improve themselves and serve others.
Some IndyCar drivers choose Indy; others choose travel
More IndyCar teams and young drivers are choosing to locate near the Indianapolis Motor Speedway than in years past.
Legislative session was mixed bag for business
Business owners can expect some tax relief and a new state small business office, but the Indiana Economic Development Corp. will have less money for some of its operations and programs under the next two-year budget.
Financial advisers counsel calm amid market ups and downs
It might be tempting to make dramatic changes to your investments right now, but it’s important to resist that impulse, advisers say.
Wawa reveals opening date for first Indianapolis-area store
Convenience store Wawa, which is set to open in Noblesville, offers built-to-order food such as hoagies and breakfast sandwiches, beverages, coffee drinks, and, in a majority of locations, gasoline.
Braun signs bill to create IEDC land-purchase guardrails, new state business office
The bipartisan bill requires the IEDC to be more transparent when it makes large land purchases for major projects like the massive LEAP business park in Boone County.
Residents, activists respond to Hogsett director pick with concerns about Indy’s winter shelter program
Guests who stayed in the city’s temporary winter shelter have spoken against Andrew Merkley’s nomination to head the Office of Public Health and Safety, arguing the shelter was unfit for families.