Remote work revolution already reshaping America
Remote work has stabilized at an extraordinarily high level: Around a third of work was done remotely in the United States in 2021 and 2022, according to several economists.
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Fishers firm launches platform to boost business for itself—and its marketing peers
Vibenomics launched the platform, called the In-Store Marketplace, earlier this month. It’s designed as a one-stop shop where retailers can purchase in-store audio and digital advertising from both Vibenomics and other companies.
Backyard mosquito spraying booms, but might be too deadly
Revenue from mosquito spraying has soared, according to Pest Control Technology. But the chemical bombardment is beginning to worry scientists who fear over-use of pesticides is harming pollinators and worsening a growing threat to birds that eat insects.
How will Hogsett’s clinician-led emergency response team deal with danger?
Mayor Joe Hogsett is proposing $2 million to launch a clinician-led response team to deal with mental health emergencies, but some are concerned about having mental health professionals respond to emergencies without police in tow.
This year’s area homebuilding slump predicted to get worse
In a state-of-the-industry report released this week, the Builders Association of Greater Indianapolis predicted that new-construction home sales in the nine-county area would slow significantly through 2023.
Student, 20, makes $110M trading meme stock Bed Bath & Beyond
Jake Freeman, a math major, bought 4.96 million shares at $5.50 each in July through a Wyoming-based holding company he set up. On Tuesday—a day when the stock spiked above $27 a share—he sold everything.
Indiana agencies start sending new round of tax rebates
The state Department of Revenue announced Thursday that it had already issued about 1.5 million direct deposits for the $200-per-taxpayer rebates from the surging state budget surplus approved by the Indiana Legislature earlier this month.
NCAA asks members for help with NIL violation investigations
NCAA officials sent a letter to its membership Thursday noting its enforcement’s staff pursuit of “potential violations” of the name, image and likeness compensation policy and emphasizing the need for schools to help investigations.
For first month ever, streamers rule broadcast, cable networks
This summer has been a breakthrough for streaming. In July, for the first month ever, the time viewers spent watching services like Netflix and Hulu outpaced viewership of broadcast and cable television networks.
Climate bill’s unlikely beneficiary: U.S. oil and gas industry
While the Inflation Reduction Act concentrates on clean energy incentives that could drastically reduce overall U.S. emissions, it also buoys oil and gas interests by mandating leasing of vast areas of public lands and off the nation’s coasts.
Apple warns of security flaw for iPhones, iPads and Macs
Apple’s explanation of the vulnerability means a hacker could get “full admin access” to the device. That would allow intruders to impersonate the device’s owner and subsequently run any software in their name.
Battery maker seeks tax break to build potentially massive plant in Indiana
A joint venture between General Motors Co. and LG Energy Solution has filed a tax abatement application for a facility in New Carlisle that—based on similar projects elsewhere—could bring more than $2 billion in investment and more than 1,000 jobs to northern Indiana.
FCC approves Urban One’s purchase of Emmis radio stations
Urban One seeks to expand its audience and advertising customers beyond the company’s stated mission to serve Black and urban listeners.
All IN festival builds all-star bands for ‘Super Bowl’ moments
Cage the Elephant vocalist Matt Shultz and John Oates sign on for one-of-a-kind celebration of Tom Petty’s music.
Indiana, Lilly Endowment making $111M investment in early literacy
The state of Indiana and Indianapolis-based Lilly Endowment Inc. on Thursday announced what they’re calling the largest financial investment in literacy in the state’s history.
Fewer Americans file for weekly jobless benefits
The number of Americans collecting traditional unemployment benefits increased by 7,000 the week that ended Aug. 6, to 1.43 million. That’s the most since early April.
China attacks U.S. chip handouts while warning of market slowdown
China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements that violate fair market principles and targets Beijing’s own efforts to build a semiconductor industry.
Holcomb defends abortion ban signing, rebuffs talent-attraction fears
Indiana Gov. Eric Holcomb on Wednesday brushed off fears of business and talent attraction consequences in the wake of signing a near-total abortion ban.
Big Ten lands multibillion-dollar TV deal, the richest in college sports
The Big Ten Conference has finalized a monumental set of media rights agreements, expected to be worth more than $1 billion annually, with Fox, CBS and NBC—and notably without ESPN.
Taylor Tannebaum exiting WTHR for role at ACC Network
Tannebaum, who has ended a four-year stint at WTHR-TV, will focus on college football played by Clemson, North Carolina State and her alma mater, Florida State.