Perfect North Slopes owner to resign from Indiana Senate
Republican Sen. Chip Perfect, of Lawrenceburg, said he will resign effective Sept. 26 after nearly nine years representing southeastern Indiana’s Senate District 43.
Latest News
Articles
Podcaster Guy Raz offers business insights at Rally
Media personality Guy Raz, host of the podcast “How I Built This,” addressed a range of topics on Wednesday as a keynote speaker at the Rally innovation conference in downtown Indianapolis.
IndyGo Blue Line driving toward 2027 completion under new plans
Progress on the transit agency’s third rapid-transit bus line stalled a year ago when projected costs ballooned by $300 million over the expected $220 million price tag. Since then, IndyGo leaders have adjusted plans and cut costs down to a projected range of $370 to $390 million.
First Merchants to establish regional HQ in Indianapolis with $18M office purchase
Muncie-based First Merchants Corp., parent of First Merchants Bank, plans to relocate about 175 jobs to the new headquarters and add another 100 over the next five years.
Amazon CEO: ‘It’s probably not going to work out’ for employees who defy return-to-office policy
Amazon corporate employees have been pushing back against the company’s return to office policy for months—and it seems the e-commerce giant’s CEO has had enough.
Millions more would get overtime under proposed Biden administration rule
The proposed rule would have the biggest impact on retail, food, hospitality, manufacturing and other industries where many managerial employees meet the new pay threshold.
U.S. economic growth for last quarter revised down to 2.1% annual rate
The Commerce Department’s second estimate of growth last quarter marked a slight acceleration from a 2% annual growth rate from January through March.
Carmel set to premiere $2M projection performance on Palladium
Beginning Thursday, Palladiscope shows lasting 12 minutes will play every half-hour nightly beginning at dusk and continuing through 11 p.m.
Legal hurdles loom for U.S. Senate hopeful John Rust
John Rust, a wealthy egg farmer and self-proclaimed gay Christian conservative, is not backing down from his U.S. Senate bid despite facing major obstacles.
Biz founders: Indiana’s collaborative spirit helps spur innovation
A panel of business owners shared their thoughts on launching a company in the state at the Indiana Technology and Innovation Association event held in conjunction with the Rally innovation conference.
Delta-8 legal dispute: Following attorney general’s guidance, industry files suit
When Indiana Attorney General Todd Rokita issued the opinion in January this year finding that delta-8 and other hemp-derived products are illegal, law enforcement around the state took note.
Eli Lilly’s Jardiance among 10 prescription drugs chosen for price negotiations
The Biden administration is targeting diabetes treatment Jardiance and nine other medications for Medicare’s first-ever drug price negotiations as it seeks to lower medical costs for Americans.
Panel: Indiana must do more to nurture tech talent, innovation
During a panel discussion held in conjunction with Elevate Ventures’ Rally innovation conference, panelists emphasized the need to invest in the people and innovation necessary to advance Indiana’s economy.
UPDATE: City picks developer for restoring Old City Hall, building 32-story tower with boutique hotel
The $140 million project, which city officials are calling the “Alabama Redevelopment,” will include 190 residential units, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
Bakery planned for Shelby Street corridor near Garfield Park
Cafe Babette LLC plans to take over the former location of The Garfield Eatery & Coffee, which closed in December 2016.
Haughville housing project, initially opposed by neighbors, moving forward with changes
Earlier this month, more than a dozen Haughville residents who live near the project held a press conference to express frustration with Buckingham Foundation’s decision to move forward with the project despite their misgivings.
Solar energy company plans $35M plant, 240 new jobs in Indianapolis
The Singapore-based company on Tuesday announced intentions to renovate and equip an existing 150,000-square-foot space just south of downtown Indianapolis to serve as its U.S. headquarters.
Charter school group says IPS decision to sue state violated open meetings law
The complaint centers on the school board’s lawsuit that claims an exemption for IPS from a state law that requires districts to sell or lease closed school buildings to charter schools for $1.
Makers of billion-dollar drugs set to face their first U.S. price negotiations
Analysts expect Johnson & Johnson’s Xarelto blood thinner and Indianapolis-based Eli Lilly and Co.’s Jardiance for diabetes to be among the medications chosen.
OpenAI unveils ChatGPT for businesses, stepping up revenue push
The rollout of ChatGPT Enterprise is a move forward in OpenAI’s plans to make money from its ubiquitous chatbot.