U.S. economy slows in second quarter to 2% growth
The April-June increase in the gross domestic product, the economy’s total output of goods and services, slipped from a brisk 3.1% gain in the first quarter.
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Jimmy John’s takes lead in King Cole exodus
The sandwich shop will move a few blocks away as a developer makes plans to convert the building into a hotel. Also this week: Native Bread, VetIQ and Paco’s Taqueria.
Indy startup Zylo raises $22.5M to boost marketing, workforce
Zylo is a software-as-a-service company that helps enterprises manage other SaaS subscriptions. It was launched out of High Alpha Studio, the Indianapolis-based startup and venture firm.
Sam’s Club launches health care pilot to members
The Walmart chain is teaming up with several health care companies to offer discounts on everyday care its customers might delay or skip because of the cost.
Indy mayoral candidates want state law to better protect tenants
Democratic incumbent Joe Hogsett and Republican state Sen. Jim Merritt participated in a discussion about homelessness at the Coalition for Homelessness Intervention and Prevention annual fundraiser and awards presentation on Wednesday evening and were asked about what they would each do to improve the homelessness situation in Indianapolis.
Bus driver sues school district in free speech suit
The American Civil Liberties Union of Indiana filed the federal lawsuit for the driver, who says he was suspended after speaking out publicly against changes proposed by the central Indiana school district.
Local real estate developers join Big Red Liquors ownership
TWG Development’s Tony Knoble and Justin Collins are joining Big Red executive Don Rix as new co-owners of the state’s largest package liquor store chain, alongside founder Mark McAlister.
Jury rules against photographer who sued hundreds over Indy skyline image
The outcome raises the possibility that former defendants will retaliate and seek the fees and costs they incurred when Richard Bell filed lawsuits against them.
Lilly Endowment funds IU, Purdue study of ethics in AI, big data
The initiatives are designed to help students and faculty become better prepared to address ethical challenges presented by fast-moving digital technologies.
City ‘full speed ahead’ on Oaktree apartments demolition
Indianapolis officials expect to move forward with razing the blighted northeast-side complex, after the owner failed to request a last-ditch hearing by the state’s Supreme Court.
Analysis: Impeachment threat muddies economic picture, financial markets
The House’s move toward impeachment proceedings against President Trump changes the calculus in handicapping the trade war, whether prescription drug pricing gets addressed and any other regulatory issues.
Vaping giant Juul to end product advertising, replace CEO
The shakeup comes amid growing public furor over vaping that has triggered calls for tighter restrictions at the federal and state levels.
Arby’s parent firm buys Jimmy John’s Sandwiches
The fast-sandwich chain was founded in 1983 in Illinois and now has 2,800 locations in 43 states. There are 22 in Indianapolis proper and more than a dozen more in the surrounding metropolitan area.
Workers, car owners, dealers and GM all feel pinch from strike
As the United Auto Workers’ strike against General Motors stretches into a second week, the company and striking workers aren’t the only ones getting squeezed.
New climate report: Changes accelerating, putting global economy at risk
Climate change is making the world’s oceans warm, rise, lose oxygen and get more acidic at an ever-faster pace, while melting even more ice and snow, a grim international science assessment concludes.
Income-tax increase for Hamilton County gets final approval
Noblesville city councilors voted for the hike on Tuesday night, giving the proposal a critical mass of support throughout the county.
Holcomb names new head of National Guard after forcing previous leader out
Salem native R. Dale Lyles has spent 32 years in the military, including deployments to Bosnia and Afghanistan.
House to launch impeachment inquiry amid controversy over President Trump’s dealings with Ukraine
The decision sets up an election season clash between Trump and Congress that seems certain to exacerbate the nation’s fierce partisan divides and inject deep uncertainty into the 2020 presidential contest.
U.S. consumer confidence drops as economic uncertainties rise
The trade war with China and a global slowdown have contributed to uncertainties that are clouding the outlook for the U.S. economy, now in its 11th year of expansion.
Local developer plans to take up Cambria flag with proposed downtown hotel
A 148-room Cambria hotel is planned for South Meridian Street, less than one year after a local developer scrapped plans for a hotel near the same location with the same brand.