U.S. consumer sentiment falls as inflation expectations climb
The figures highlight the toll stubborn price pressures, along with higher borrowing costs, are taking on consumers.
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Google’s investment in Indiana data center project grows to $2B
Google now plans to spend $2 billion on its data center project in northeast Indiana, the tech giant announced Friday—more than double the amount the company said it would originally invest in the development.
Online retailer Shein latest to face strict European Union digital regulations
Founded in China but now headquartered in Singapore, low-cost online retailer Shein has major distribution operations in Indiana.
Fed’s preferred inflation gauge shows price pressures remain elevated
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon.
TechPoint exploring launch of AI-focused networking group
TechPoint has secured a $50,000 cash prize from the U.S. Small Business Administration to help with this effort.
School 87 parents demand accountability as board plans task force to review culture in IPS
The special task force approved by the board Thursday will be led by independent community leaders and mental health professionals, board member Hope Hampton told parents after their comments.
Big Tech keeps spending billions on AI, mostly for new data centers
The huge investment is pushing up forecasts for how much energy will be needed in the United States in the coming years to run data centers.
Driver Will Power denies participating in Penske cheating scandal
Team Penske is under heavy scrutiny following the March 10 season-opening race in which Josef Newgarden was stripped of the victory, Scott McLaughlin was disqualified and Power was docked 10 points.
Colts take edge rusher Laiatu Latu as first defensive player of NFL draft
The selection ended a 14-player run on offense—a draft record. Last season’s Pac-12 defensive player of the year is expected to beef up Indy’s outside pass rush and should complement an interior defensive line.
Special judge in Delphi case denies more broadcast camera requests for trial
The special judge in Richard Allen’s murder trial next month has denied three more news organizations from accessing the proceedings with broadcast cameras.
U.S. solar companies, imperiled by price collapse, demand protection
Several of the biggest American solar manufacturing companies say in a petition filed with the Commerce Department that firms in four Asian countries are illegally flooding the U.S. market with Chinese-subsidized panels.
Hogsett says city to pursue Major League Soccer franchise
The city is forgoing its relationship with the Indy Eleven to work with an undisclosed ownership group to develop a stadium at one of two potential sites.
The country music ride endures at 8 Seconds Saloon
Since 1999, 8 Seconds has been the place to catch rising country stars onstage and to show off boot-scooting moves on the dance floor.
Keystone says city is backing out of Eleven Park deal as mayor plans ‘significant’ announcement
City officials did not immediately respond to a request for comment about Keystone’s statement. But the Mayor’s Office announced that at 5:30 p.m., Hogsett would make a “significant announcement about the future of sports in Indianapolis.”
Strict new EPA rules call for coal-fired power plants to capture emissions or shut down
The plan is likely to be challenged by industry groups and Republican-leaning states. They have repeatedly accused the Democratic administration of overreach on environmental regulations and have warned of a looming reliability crisis for the electric grid.
Indiana Hospital Association leader Brian Tabor stepping down
Tabor, 49, who has acted as chief advocate the state’s 170 hospitals since 2016, said he is looking forward to spending more time with his family and pursuing his longtime hobby, birdwatching.
Toyota to spend $1.4B to add EV production at Indiana plant
Production of a new battery electric vehicle at the plant is expected to result in 340 new jobs by the end of 2025, Toyota announced Thursday.
U.S. growth slowed sharply last quarter, to 1.6% pace
Despite cooling, the economy is still creating price pressures, a continuing source of concern for the Federal Reserve.
IBJ names Justin Christian its first entrepreneur of the year honoree
IBJ has named the new award after Mickey Maurer, who launched, owned and invested in several impactful companies in Indiana, including IBJ Media.
Open Indiana House seats attract Republican challengers in northern suburbs
Two open Indiana House district seats in the northern suburbs feature contested Republican primary elections.