U.S. wholesale inflation picked up in June more than expected
The increase, the sharpest year-over-year increase since March 2023, comes at a time when other price indicators are showing that inflation has continued to ease.
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Data of nearly all AT&T customers downloaded to third-party platform in security breach
Approximately 109 million customer accounts were impacted, according to AT&T, which said that it currently doesn’t believe that the data is publicly available.
Starbucks, Panda Express planned at Glendale Town Center
Orange chicken and Frappuccinos will be sold from standalone locations near the intersection of North Keystone Avenue and East 62nd Street.
Developers plan single-family houses, town houses at Maple Del site in Fishers
Mirtha Development LLC, and Carmel-based Old Town Cos. plan to build 10 single-family houses and 56 three-story town houses at East 116th Street and Maple Drive.
State utility counselor urges regulators to slash Duke Energy’s rate hike request
Duke Energy Indiana, the state’s largest electric utility, in April filed a request with state regulators for permission to raise rates by about 16% over two years.
Indy-based AnalytiXIN launches effort to spur tech-focused conversations
AnalytiXIN is a collaborative effort between major Indiana corporations, industry groups and academic institutions to share information on data sciences, including digital, AI and advanced analytic capabilities.
City-County Council considers permit system for Airbnbs, VRBOs
The proposal would create a permitting system that imposes a $150 annual registration fee and allows the Department of Business and Neighborhood Services to conduct an inspection of the properties.
Candidates hopeful ahead of state Democrat party convention
Two women will have their eyes on one thing on Saturday–the delegate nomination for Indiana attorney general at the Democratic Party State Convention.
Caitlin Clark captures two ESPY Awards for her college performance
Indiana Fever star rookie Caitlin Clark won two of the three awards she was nominated for as the ESPYS celebrated a landmark year for women’s sports.
Labor Department wants Indy health care owner held in contempt on overtime issues
The Labor Department filed a complaint this week in U.S. District Court against the owner of eight Indianapolis-area health care services companies, saying an estimated 700 employees might have been shortchanged by his practices.
Appeals court says some NCAA athletes might qualify as employees under federal wage laws
The court, in the latest challenge to the Indianapolis-based NCAA’s long-held notion of “amateurism” in college sports, said a test should be developed to differentiate between students who play college sports for fun and those whose effort “crosses the legal line into work.”
Safe Harbor Policy provides ‘carrot’ for voluntary M&A misconduct disclosures
To give an added jolt to government efforts to deter criminal misconduct in merger and acquisition transactions, the U.S. Department of Justice unveiled a new Safe Harbor Policy last year geared toward voluntary self-disclosures.
Food companies feel the pain as consumers reject higher prices
PepsiCo’s and Conagra’s latest quarterly results suggest that consumers frustrated by rising prices are now spending less on established brands, particularly in the snack and soda aisles.
Musical inspired by serial killer H.H. Holmes is back to slay
“White City Murder” is a musical based on a string of murders committed by H.H. Holmes during the Chicago World’s Fair of 1893.
Two new lawsuits allege Greenwood Park Mall shooting could have been prevented
The lawsuits were filed on behalf of Rosa Gomez, who survived the shooting, and the families of Victor Gomez, Pedro Pineda and Rosa Pineda, all of whom were killed in the mall’s food court on July 17, 2022.
Vera Bradley unveils brand refresh aimed at ‘reinvigoration’
The Indiana-based company known for its handbags on Thursday said it is “reinvigorating the business and restoring brand relevance” with the help of actress Zooey Deschanel.
Here’s what’s in the NBA’s upcoming 11-year, $76 billion media rights deal
The NFL remains the top attraction because of its ratings and advertising prowess, but the NBA is a firm second and can command top dollar due to its younger viewers as well as having a ton of content.
New Harmony Project brings together 8 theater companies for PlayFest Indy
Readings of plays are planned at the Phoenix Theatre Cultural Center, Indianapolis Repertory Theatre, Storefront Theatre and Fonseca Theatre.
Indy to host every major men’s college basketball championship in 2026
The NCAA on Thursday announced plans to conduct both the Division II and Division III men’s basketball championship games and the semifinals and final of the National Invitational Tournament in Indianapolis, in conjunction with the Division I men’s Final Four.
Inflation cools again, potentially paving way for Fed to cut interest rates soon
The June figures will qualify as another installment of the more good inflation data the central bank has been seeking. Should inflation remain low through the summer, most economists expect the Fed to begin cutting its benchmark rate in September.