Cyber Monday sales hit record $12.4 billion even as savings dwindle
Spending increased 9.6% from a year ago, making it the biggest online shopping day ever, according to Adobe Inc., which compiles the data.
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Area home construction permit filings rise for 4th month in row
Six of the area’s nine counties saw a year-over-year increase in single-family building permit filings in October.
CEO: Here’s why Corteva moved its HQ to Indy from Delaware
Speaking at Monday’s Economic Club of Indiana, Corteva CEO Chuck Magro said last year’s decision was anything but hasty or haphazard.
Holcomb releases 62 videos promoting Hoosier attractions
The video project, All Around Indiana, features a buffalo preserve, caves, parks, racing, sandhill crane migration and much more more—and highlights a variety of industries. Holcomb narrates the videos.
IndyCar champ Palou admits breach of contract, tries to mitigate damages owed to McLaren
The admission came in Alex Palou’s response to a lawsuit filed against him by McLaren Racing in September seeking to recoup at least $23 million in losses the team calculated Palou’s reversal cost the organization.
TSA breaks daily record for number of passengers screened
Despite recent signs of slowing demand for air travel, eight of the 10 busiest screening days in TSA history have come in 2023.
High-stakes dispute between Lilly, competitor over migraine drugs winding down
The two companies have been battling for years over patents for migraine headache drugs—Emgality for Lilly and Anjovy for Teva. Both drugs are once-monthly injections and were approved 13 days apart in September 2018.
Kylie Conway to leave WISH-TV after decade at station
“News 8 Daybreak” co-anchor and Indiana University alum Kylie Conway told the IBJ she’s not ready to unveil future career plans.
DCS staffing levels nearly full statewide, but lacking in some areas
Of the Department of Child Services’ 19 regions, 10 meet staffing standards and an additional four have at least 90% of the staff they need. The statewide staffing level is 99%.
Many not-for-profits hoping to catch up on GivingTuesday
Supporting not-for-profits on GivingTuesday this year could have a bigger impact than usual. Why? Because not-for-profits and industry groups say donations so far are down compared with previous years.
Few employers using incentives to boost satisfaction with in-person work
Only 4% of human resources representatives whose companies have introduced new policies to get employees back to the workplace say that higher compensation is among them.
Consumers expected to to spend more than $12B online during Cyber Monday
Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.
Steakhouse planned at former LouVino location in Fishers Nickel Plate District
The 4,200-square-foot Cooper & Cow Steakhouse & Bourbon Lounge is scheduled to open in December at 8626 E. 116th St.
UPDATE: Tom Allen out as IU football coach after Big Ten record buyout
Three consecutive losing seasons and a three-year conference record of 3-24 cost Allen his dream job on Sunday, when the two sides reached a financial settlement of $15.5 million to part ways.
AES Indiana reaches agreement to raise electricity rates 7.3%
The utility’s initial proposal provoked widespread objections, including from more than 40 customers who attended two field hearings.
Turned down for loans, business owners seek growth capital elsewhere
Among the many challenges small businesses face as they try to grow these days is getting a loan. Banks big and small have tightened lending standards along with rising interest rates the past two years.
After 20-year-old Amazon employee dies at work, Indiana issues $7,000 fine
Such cases reveal the limited ability of state and federal safety regulators to effectively levy penalties or enforce safety policies on powerful corporations like Amazon, which made $9.9 billion in profit in the last quarter.
‘Zoom fatigue’ may take toll on the brain and the heart, researchers say
A recent brain-monitoring study supports the phenomenon, finding a connection between videoconferencing in educational settings and physical symptoms linked to fatigue.
Retailers offer bigger Black Friday discounts to lure hesitant shoppers hunting for the best deals
Many retailers ordered fewer goods for this holiday season and pushed holiday sales earlier in October than last year to help shoppers spread out their spending.
Taking the plunge: How to know when to make your side hustle your full-time gig
No entrepreneur is likely to receive a sign from the universe—or from their accountant—that it’s all going to work out.