Yearlong slowdown in inflation might have stalled in July
Thursday’s inflation data will be among the key metrics the Federal Reserve will consider in deciding whether to continue raising interest rates.
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COVID-19 hospitalizations rising again, but numbers far off previous peaks
With an updated vaccine still months away, this summer bump in new hospitalizations might be concerning, but the number of patients is far lower than those seen in past surges.
Raising Cane’s chooses Westfield site for its third area restaurant
The Baton Rouge, Louisiana-based chicken finger chain is planning a 2,800-square-foot restaurant in a former Steak ’n Shake building.
City set to place ‘no turn on red’ signs at 97 downtown intersections
The ordinance behind the restrictions aims to decrease the amount of pedestrians and cyclists hit by drivers. The measure had a rocky road toward implementation.
GOP leaders say changes in lieutenant governor selection unlikely
Conservative pastor Micah Beckwith’s bid for Indiana’s second-highest office has rankled some Republican politicos—but don’t expect changes to the lieutenant governor selection process, according to party leaders.
Pence says he’s met polling, donor qualifications for the first Republican debate
According to his campaign, former Vice President Pence has amassed 40,000 unique donors, checking off the final debate requirement set by the Republican National Committee.
ESPN, Penn Entertainment strike $2B deal to rebrand sportsbooks as ESPN Bet
ESPN announced Tuesday that the sports media giant will partner with gambling operator Penn Entertainment to launch a nationwide string of ESPN-branded sportsbooks.
Total Wine, Academy Sports, others adding Avon stores
Liquor superstore Total Wine & More is taking over 28,000-square-foot space formerly occupied by a Bed Bath & Beyond housewares retailer.
Cybersecurity firm Stamus Networks lands $6M investment
The funding round included participation from Indianapolis-based investors Elevate Ventures and VisionTech Partners.
Tensions rise in UAW contract talks with Stellantis as strike threat looms
The union is seeking more than 40% general pay raises over four years, restoration of pensions for newer hires, cost-of-living increases, an end to wage tiers, and other benefits.
ACLU lawsuit contends new Indiana law prevents police from being held accountable
A lawsuit filed in federal court by the American Civil Liberties Union of Indiana on Tuesday challenges a new state law that prohibits citizens from being within 25 feet of law enforcement officers.
Lundqvist returns to Meyer Shank for Indy’s second road course race of season
Saturday’s 85-lap race will be the series’ second on Indianapolis Motor Speedway’s road course this year and comes on the same weekend Xfinity and NASCAR drivers also compete on the track’s road course.
Upscale steakhouse chain planning downtown Indy entry
Houston-based Landry’s Inc. plans to open a Del Frisco’s Double Eagle Steak House in a space in downtown’s core that has housed several upscale eateries.
‘Good Bones’ series to end after new season, co-star announces
The eighth and final season of Indianapolis-based home renovation series “Good Bones” is scheduled to debut Aug. 15 on HGTV.
Inflation has steadily cooled, but hitting Fed’s target rate will be toughest mile
Squeezing out the last bit of excess inflation and reducing it to the Federal Reserve’s 2% target rate is expected to be a much harder and slower grind.
Lilly stock soars to all-time high on strong sales, led by Mounjaro
Much of the excitement is due to strong results from Mounjaro, which hit the market in June 2022 as a treatment for Type 2 diabetes and rang up $979.7 million in the quarter.
Gray Eagle Golf Course planning two-level driving range with 160-foot-tall net
Plans call for the nets at Gray Eagle’s 38-acre driving range to be almost as tall as those used by TopGolf at its Fishers facility along Interstate 69. Gray Eagle also plans to build a 5,000-square-foot bar and restaurant inside a new clubhouse.
Truck dealer seeks tax breaks for $85M hub overhaul on south side
About 50 full-time jobs with an average pay of $29 per hour are expected to be created along with the expansion for Stoops Freightliner-Quality Trailer.
Indiana Chamber releases 2035 economic vision ahead of schedule
The ambitious vision seeks to advance workforce, education, business climate, infrastructure, quality of place and health initiatives.
Lilly reports surging profit, raises full-year guidance
The Indianapolis-based pharmaceutical company’s first-quarter performance was driven by strong sales of leading drugs for diabetes, cancer and other diseases.