U.S., China near deal that would suspend planned tariffs
The Trump administration and China are close to finalizing an agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade war.
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Mattingly Construction plans three-building development in Fishers
The land near Interstate 69 and 106th Street had previously been targeted by Sun King Brewing Co. as a location for a major brewery and tasting room.
Philanthropy-focused software firm planning to add 110 employees
Selfless.ly Inc. announced plans Thursday to grow operations significantly over the next four years as it expands operations in downtown Indianapolis.
More Americans dying at home rather than in hospitals
Deaths in nursing homes also have declined, according to Wednesday’s report in the New England Journal of Medicine.
Warren ‘wealth tax’ estimates too optimistic, analysis says
Elizabeth Warren’s signature “wealth tax” would bring in at least $1 trillion less in new government revenue than the Democratic presidential candidate estimates while ultimately shrinking the economy over the next 30 years, according to a new academic analysis.
Pacers’ Boomer, Colts’ Blue voted into Mascot Hall of Fame
Boomer and Blue were voted into the hall after two rounds of public voting that started in October. More than 120,000 votes from 58 countries and 41,000 zip codes were tallied.
Leader of IndyCar series, IMS staying on ‘indefinitely’
Mark Miles, who has led Hulman & Co. since 2012, said: “We have the opportunity now to try to take it to a whole other level. I’ve had no thought of doing anything else.”
New owner makes major job cuts at TV stations WXIN, WTTV
Nexstar Media Group Inc. has terminated about two dozen employees at CBS affiliate WTTV-TV Channel 4 and Fox affiliate WXIN-TV Channel 59 in Indianapolis, industry sources told IBJ on Wednesday.
UAW workers ratify new contract with Fiat Chrysler
The ratification means the United Auto Workers union has settled with all three Detroit automakers. Fiat Chrysler has a workforce of 8,156 in Indiana at four plants in Kokomo and one plant in Tipton.
New $40M VA clinic set to open in summer 2021
The facility to be built off State Road 46 on Terre Haute’s east side will combine currently separate primary care and mental health clinics. It will be equipped to serve 10,000 veterans.
Pence traveling to Indiana for private event with governor
Vice President Mike Pence’s office announced Wednesday that Pence will fly Friday afternoon into Indianapolis International Airport and take part in what it calls a roundtable for Gov. Eric Holcomb, who is seeking reelection next year.
NCAA moves early-round basketball tourney games to Indy in 2022
The games had been scheduled for Cincinnati, but the NCAA said the city needs time to complete renovations of its arena.
Indianapolis company to redevelop former Marsh property in Fishers
Strongbox, a commercial development and construction management company, plans to spend $7 million to tear down a quarter of the existing store and then add a second retail building to the site.
NCAA: ‘Highly probable’ Congress passes athlete comp rules
NCAA President Mark Emmert said he is spending most of his time trying to figure out how the NCAA and its hundreds of member schools will allow college athletes to get compensation under the auspices of amateur athletics.
Fed leaves low rates alone, foresees no moves in 2020
In a sign of the Fed’s confidence about the economy, its latest policy statement dropped a phrase it had previously used that referred to “uncertainties” surrounding the economic outlook.
Cunningham picks Hamilton Town Center for third Livery location
Noblesville’s Livery will open in the Hamilton Town Center between Books & Brews and the shopping center’s new green space, across from the recently opened Ford’s Garage.
Fountain Square dance club, music venue closes
The establishment’s owner is already looking for a new occupant for the space, located in the heart of Fountain Square.
Venture capital firm Hyde Park raises $100M for latest fund
Hyde Park Venture Partners, a Chicago-based venture capital firm with an office in Indianapolis, said its third fund exceeded its original goal of $75 million with help from repeat institutional investors.
Wet-Nap maker planning to build area production facility, add 90 jobs
Nice-Pak Products, a manufacturer of wet wipes for consumers, health care, food service and other commercial markets, announced plans Wednesday to build a 760,000-square-foot production and warehousing facility in Mooresville, creating 90 jobs.
Ambrose plans new Plainfield industrial park, $50M first building
The 189,000-square-foot first building is one of four planned by Indianapolis-based Ambrose Property Group at its new Plainfield Logistics Center.