Stellantis reports progress in talks with auto workers, plans new offer
Stellantis, which employs about 7,000 people at plants in Kokomo and Tipton in Indiana, released no details of its offer Monday.
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Investor drops lawsuit against Noble Roman’s
North Dakota-based restaurant company BT Brands, which dropped its lawsuit against Noble Roman’s late last week, said it will continue in its efforts to effect changes to the Noble Roman’s board of directors.
Hostess being acquired by Smucker in a deal valued at $5.6B
Smucker, which makes everything from coffee to peanut butter and jelly, will pay $34.25 per share in cash and stock, and it will also pick up approximately $900 million in debt.
From Hawaii to Taiwan, state picks up tab when legislators hit the road
From 2019 to 2022, legislators attended conferences across the country and even the world. The few international trips included Germany, Canada and Taiwan, while major cross-country trips spanned Hawaii, Texas and Florida.
IBJ Podcast: The story behind Peterman’s wild growth across Indiana since brothers took over
Pete Peterman couldn’t have imagined how much and how fast the company would grow under the new generation, which had a strategy that required a fundamental change in the business.
In first tech antitrust trial in decades, DOJ takes on Google
Over the next 10 weeks, the Justice Department and a group of state attorneys general will argue that Google has illegally abused its monopoly power to run roughshod over rivals, inking deals to ensure dominance.
UAW poised to strike major car makers this week. Here are the issues.
About 146,000 U.S. auto workers are set to go on strike this week if General Motors, Ford and Stellantis fail to meet their demands.
Memorial service set for Gerald Bepko, IUPUI chancellor emeritus
Bepko, 83, was the longest-serving chancellor of IUPUI, holding the post from 1986 to 2003.
Alliance aims for equitable placement of EV chargers
A group of Black civil rights organizations is amping up its call for racial equity to be taken into account as state and city leaders decide where to place chargers needed to support the growing number of electric vehicles.
Coalition seeks bargaining power for independent physicians
A group of about 30 independent medical practices in Indiana, called Indiana Physicians Health Alliance Inc., registered with the state in July as a not-for-profit after nearly two years of organizing.
Greenlight Guru CEO offers top-flight gym to boost young basketball players
David DeRam has used his Progeny Foundation and contributions from clients and partners to invest $10 million in a private, world-class training arena for youth basketball in Indianapolis that opened last year.
Star of ‘Good Bones’ show says city officials hampered her work
The HGTV home-improvement show is airing its last season, and Mina Starsiak Hawk says she’s not sure of her next steps. But one thing seems likely: She won’t be redeveloping or building houses regularly in Indianapolis anymore.
Carmel-based Syra Health cuts IPO expectations by one-third
The two-year-old startup that provides professional services in the health care and life science industries has sharply cut how much it expects to raise in its upcoming initial public offering.
Downtown office space at crossroads, local broker says
John Robinson, managing director for the Indianapolis division of Chicago-based JLL, said during an IBJ panel discussion Friday that he expects at least three of downtown’s 10 major office towers to go through foreclosure or take big losses in a sale over the next few years.
IRS plans to crack down on 1,600 millionaires to collect back taxes
IRS Commissioner Daniel Werfel said that with a boost in federal funding and the help of artificial intelligence tools, the agency has new means of targeting wealthy people who have “cut corners” on their taxes.
Indiana delegation heading to Switzerland to learn about apprenticeship system
The trip comes as Indiana plans to roll out a new program allowing eligible high school students to receive up to $5,000 in state funding for “career scholarship accounts” that can be used to “shop” for work-based learning experiences.
Kroger, Albertsons to sell hundreds of stores in bid to clear merger
Kroger and Albertsons are selling more than 400 stores and other assets to C&S Wholesale Grocers in an approximately $1.9 billion deal as part of their efforts to complete their $25 billion merger.
Jim Irsay Band to kick off big weekend of music for Indianapolis
A weekend punctuated by high-profile concerts begins Friday with a free show featuring John Mellencamp and Stephen Stills.
All IN musicians hope to wake up echoes of the Beatles at fairgrounds
The second All IN Music & Arts Festival is planning “Dreamsets” to celebrate songs popularized by the Beatles and Led Zeppelin.
Indianapolis-based Major Tool & Machine expanding capacity in microchips industry
The company, which specializes in metal fabrication and machining, is in the midst of a 51,000-square-foot expansion that will boost its ability to make components for one major customer in the microchip industry.