Supreme Court allows multibillion-dollar class action to proceed against Meta
The justices heard arguments in November in Meta’s bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place.
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DirecTV calls off acquisition of rival Dish
DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
F1 closer to approving expanded grid for GM entry initially started by Michael Andretti
With a restructuring at Indianapolis-based Andretti Global that pushed Michael Andretti into a smaller role, the chances of his organization landing a Formula 1 team have substantially increased.
Who’s on Braun’s transition councils? Mostly businesspeople and lawyers
Of the 147 people Braun chose to serve on his 12 transition councils, one in three are private-sector business leaders and two in three have not previously worked in state government, an IBJ analysis found.
New software-industry survey shows signs of optimism amid tech slump
The 2024 SaaS Benchmarks report, released this week by Indianapolis venture studio High Alpha, offers some reasons for optimism in the software-as-a-service sector amidst the ongoing tech slump.
Mike Lopresti: Heading to the Emerald City
In this universe, Indiana is all over the stat sheet of national leaders like a spilled cup of coffee—No. 1 in the country in rushing defense, No. 2 in scoring offense, No. 3 in total defense and pass efficiency.
UIndy lands $5M gift from graduate and retired Lilly exec Stephen Fry
The money will go to start three programs designed to give students real-world business experience along with their classroom experience.
Airline CEOs, Buttigieg fight over regulations even after election
The Biden administration is on its way out of power, but that’s not ending the arguments between Transportation Secretary Pete Buttigieg and airlines that think they are being over-regulated.
Second Gallery Pastry restaurant closes in four-month span
The lineup of Gallery Pastry locations is now reduced to a single restaurant, Gallery Pastry Shop at 4573 N. College Ave.
Campaign pledges to raise teacher pay face uncertain future at Statehouse
Raising base salaries for teachers was a key focus of Gov.-elect Mike Braun’s platform during the governor’s race, but anxiety about the state budget might be a roadblock.
Verdict in trademark case could be legal test for sports merchandising
At least a dozen schools have sued the defendants over their use of vintage sports logos and images, including Purdue University, Stanford and UCLA.
Incoming Indiana Gov. Mike Braun admonished by GOP colleagues for missed U.S. Senate votes
Recent absences from Capitol Hill by Braun and other outgoing GOP senators helped Democrats secure their picks for multiple lifetime federal judges.
Indy CD & Vinyl to take over former Landsharks location
An expansion of Broad Ripple record store will focus on a new performance stage and a place where area residents can gather.
New CEO named at TrendyMinds as company founder exits role
New CEO Stacy Sommer, a former executive at San Francisco public relations firm Edelman, was hired by TrendyMinds in January.
Two-year tax task force releases property, income and business recommendations
Democrats assailed the recommendations as not providing enough relief to Hoosier taxpayers, and for giving “handouts” to businesses.
Gov.-elect Braun unveils streamlined cabinet plan with eight policy focuses
Braun’s new cabinet will seek to model “efficiency, accountability and communication in state government,” he said in a news release.
Indy man, housing advocacy group file suit against Tricon Residential
The lawsuit alleges that the company’s blanket ban on renting to those with prior felony convictions and eviction filings constitutes racial discrimination.
U.S. economy should continue growing in 2025, economist says
The U.S. economy is strong and should continue to grow next year, Fifth Third Bank Chief Investment Strategist Tom Jalics said at IBJ’s 2025 Economic Forecast breakfast Thursday.
North of 96th roundup: Museum, sweet shop among openings in northern suburbs
Multiple retailers, restaurants and other businesses and organizations recently opened or began planning new locations in the north suburbs of Indianapolis.
Regulators seek to break up Google, forcing Chrome sale as part of monopoly punishment
The proposed breakup filed late Wednesday by the U.S. Department of Justice calls for sweeping punishments that would include a sale of Google’s industry-leading Chrome web browser.