Cummins forms joint venture to build multibillion-dollar battery plant
The joint venture will initially focus on the production of lithium-iron-phosphate batteries for commercial battery-electric trucks.
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Brad Chambers gives his gubernatorial campaign $5 million boost
Brad Chambers, a late entry into the 2024 governor’s race, is expected to receive strong support from the business community but lacks the statewide name recognition of other high-profile candidates.
Andretti special purpose acquisition company to merge with Boston-based AI startup
Andretti Acquisition Corp., a blank-check company that was formed last year, announced Wednesday that it plans to merge with Boston-based startup Zapata AI.
Upland’s College Avenue location to add a barber shop
The Upland restaurant and bar will devote 400 square feet to Black Orchid, which presently operates three central Indiana shops.
WTHR-TV adding afternoon hour of live news programming
Felicia Lawrence and Dustin Grove will co-anchor the extra news hour at 4 p.m. weekdays, prior to the existing 5 p.m. and 6 p.m. newscasts.
EPA delays new ozone pollution standards until after 2024 election
The decision over air quality standards for ground-level ozone—better known as smog—was made despite a recommendation by a scientific advisory panel to lower air pollution limits to protect public health.
U.S. pump prices reach highest seasonal level in more than a decade
Fuel markets have been squeezed, with U.S. national stockpiles staying largely below seasonal norms since around mid-July.
As sports betting spikes, help for problem gamblers expands in some states
Since the U.S. Supreme Court cleared the way for legalized sports betting five years ago, nearly three-fourths of the states have moved swiftly to allow it.
Indy mayoral candidates agree to two televised debates
Indianapolis Mayor Joe Hogsett and Republican challenger Jefferson Shreve plan to square off this fall in televised debates hosted by WISH-TV Channel 8 and WXIN-TV Channel 59.
United Airlines says software update caused delayed flights
More than 350 United flights were delayed Tuesday—13% of the carrier’s schedule, far more than rivals American, Delta and Southwest—on a day that many holiday vacationers were expected to fly home.
U.S. moves to force recall of 52M air bag inflators
The U.S. government is taking a big step toward forcing a defiant Tennessee company to recall 52 million air bag inflators that could explode, hurl shrapnel and injure or kill people.
Rosenqvist parts ways with McLaren, to replace Pagenaud at Meyer Shank
McLaren must now find a replacement for Felix Rosenqvist, who finished a season-best second Sunday at Portland International Raceway.
Apartments planned for former bar site near Lucas Oil Stadium
A Greenfield-based developer plans to demolish the former Stadium Tavern to make way for a four-story apartment building.
Drivers squeezed as auto insurance costs soar across U.S.
Federal rules allow insurers to consider socioeconomic factors when setting rates, leading to the worst increases being borne by the people least able to afford them.
Chris Baggott stepping down as ClusterTruck CEO; successor named
Baggott, who co-founded ClusterTruck in 2015, plans to continue his involvement in the company through his role as board chair.
IBJ Podcast: Brothers behind tech firm Qualifi on being Black founders, raising capital, ‘unwillingness to die’
Darrian and Devyn Mikell discuss the inspiration they’ve received from their family (including an older brother with a Pro Bowl career in the NFL); how they handle the rollercoaster of startup life; obstacles that Black entrepreneurs face; and the importance of a diverse staff.
Pickleball craze is big score for business
Americans’ fascination with the game marks the rare convergence of sport and lifestyle, much like yoga, aerobics and jogging did in years past
UAW’s clash with Big 3 automakers shows off more confrontational union as strike deadline looms
A strike of more than a couple of weeks would reduce still-tight supplies of vehicles on Detroit automakers’ dealer lots. With demand still strong, prices would rise.
Home insurers cut natural disasters from policies as climate risks grow
individuals and families in places once considered safe from natural catastrophes could lose crucial insurance protections while their natural disaster exposure expands or intensifies as global temperatures rise.
Students transform drab dorm rooms into comfy, pricey living spaces
Some are even going so far as to hire interior designers and spend $10,000 to beautify their 12 feet by 20 feet of space.