Non-alcoholic bar Memento Zero Proof Lounge closes in Fishers
Memento co-owner Max Gavin told IBJ the bar at the First Internet Bank building at 8701 E. 116th St. closed due to a lease issue.
The move marks the largest expansion in federal overtime eligibility seen in decades. Critics said the regulation could saddle companies with new costs and add to persistent labor challenges.
The rule is set to take effect after 120 days, but business groups vowed to challenge it in court, arguing that the FTC greatly overstepped its authority and enacted a rule that will hurt companies.
The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel. President Joe Biden said he will sign it Wednesday.
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