Obamacare thrown out by judge, raising insurance uncertainty 9:04 PM
The decision Friday finding the Affordable Care Act unconstitutional comes just before the end of a six-week open enrollment period for the program in 2019.
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Johnson & Johnson's shares plunge on report of asbestos in baby powder12:17 PM
Analysts estimate that the company could be on the hook for as much as $10 billion to $20 billion in settlements from an estimated 11,000 pending talc cases.
Emmis cuts 35 employees involved in NextRadio, TagStation operations11:45 AM
Indianapolis-based Emmis Communications announced in October a decision to “dramatically reduce” the operations of NextRadio and TagStation after tens of millions of dollars in losses.
Biotech comeback: Eli Lilly making renewed push in lucrative field it once pioneered
Lilly expects to soon announce late-stage clinical trial results for two biotech drugs designed to slow the inflammation caused by autoimmune diseases. By the end of the year, it will announce results for a third.
As Circle Centre turns 20, declining performance, anchor woes spur worry
Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.
Warnings about broker's tactics went unheeded
Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.
Last Updated Fri., December 14, 2018 - 9:15 PM
Congress approves $400 billion for farmers, forests, poor
After months of debate and negotiation, Congress voted final approval Wednesday to a massive farm bill that will provide more than $400 billion for agriculture subsidies, conservation programs and food aid.
Indiana agency investigates Johnson County's Election Day glitch
Indiana Secretary of State Connie Lawson's office is investigating an Election Day technical glitch that left some central Indiana voters waiting in lines for hours and others not voting at all.
Indiana GOP leaders say money tight for next budget
Republican Statehouse leaders say they want to increase funding for Indiana's embattled child welfare agency and find a way to pay teachers more, but that money will be tight when they craft the state's next two-year budget.
Health law sign-ups lagging as Saturday's deadline looms
A status report Wednesday from the Centers for Medicare and Medicaid Services showed nearly 20 percent fewer new people signed up than at about the same time last year.
Six arrested in 2011 killing of former Indianapolis banker
Federal authorities announced Wednesday that they have solved the high-profile orchestrated killing of a former Indiana banking executive who was shot to death more than seven years ago while driving home from work.
Facing pressure, McConnell agrees to criminal justice vote
If the legislation passes, it could be a rare bipartisan policy achievement for this Congress and the largest criminal sentencing overhaul in decades.
Christmas tree farmers combat popularity of artificial trees
Between 75 percent and 80 percent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 percent a year.
Monthly wholesale prices indicate U.S. inflation in check
U.S. wholesale prices barely rose last month, suggesting inflation pressures have subsided since late last year.
Report: USOC, others failed to act in response to concerns about Nassar
An independent report details a toxic pattern of bureaucratic paralysis among U.S. Olympic Committee leaders who reacted slowly, if at all, after they knew former doctor Larry Nassar was suspected of molesting young gymnasts.
Purdue board boosts possible bonus pay for Daniels
Purdue University President Mitch Daniels will be eligible for nearly $280,000 in bonus pay and a $250,000 retention payment for this school year.
Indiana getting $40 million to improve two sections of I-65
The two federal grants are to be used to increase the capacity of sections of Interstate 65 in south central and north central Indiana.
Pence aide out of running to be Trump's next chief of staff
Even senior White House officials were caught off guard Sunday when President Donald Trump and Nick Ayers, whose hiring was believed to be a done deal, couldn't come to terms.
IPS board taps deputy superintendent to serve as interim leader
Aleesia Johnson was picked to replace the departing Lewis Ferebee. She will be the first African-American woman to lead the district.
Renovations set at IU dorms plagued by mold
Indiana University will start a $56 million renovation project next summer to address ongoing mold problems at two Bloomington campus residence halls.
U.S. hiring slows to 155K jobs; jobless rate remains at 3.7 percent
The jobs figure was less than many economists forecast, but few saw the report as a sign of a broader slowdown.
Report: U.S. health spending hits $3.5T, but growth slows
The rate of growth slowed for the second year in a row, according to economic experts at the federal Health and Human Services department.
EPA proposes rolling back another Obama-era coal rule
The EPA's acting administrator signed a proposal that would loosen rule that would have required cutting-edge carbon capture techniques for new coal plants. Andrew Wheeler said the requirements were "excessive burdens" on the industry.
Parents of girl shot at Noblesville school sue shooter's parents
The parents of a 13-year-old girl who was shot seven times by a classmate are seeking damages for their daughter's injuries.
U.S. productivity shows 2.3 percent increase in third quarter
The increase was slower than the previous quarter but still an improvement over the weak annual gains of the past decade.
Federal Reserve survey cites rising concerns about trade tariffs
The report, known as the beige book, found that optimism about the future had waned somewhat, with business contacts citing "increased uncertainty."
For-profit college chain closes schools, including local Brightwood College
Birmingham, Alabama-based Education Corp. of America said it was closing campuses in more than 70 locations in 21 states.
USA Gymnastics files for Chapter 11 bankruptcy
The embattled Indianapolis-based organization filed a Chapter 11 bankruptcy petition Wednesday as it attempts to reach settlements in the dozens of sex-abuse lawsuits it faces and to forestall its potential demise at the hands of the U.S. Olympic Committee.
Trump task force recommends ways to boost Postal Service
The recommendation could raise costs for Amazon and other major businesses that are currently using the Postal Service to supplement their delivery operations.
U.S. stocks nosedive as trade jitters return
The Dow Jones industrial average sank almost 800 points Tuesday as investors worried that a U.S.-China trade truce reached over the weekend wasn't all it was cracked up to be.
Graduation rates for bowl-bound teams continue to rise
The overall graduation rates for athletes on bowl-bound FBS football programs continues to climb, though the disparity in the rates between white and African-American players widened slightly, according to a study released Monday.
Indiana medical firm sued by 12 states over data breach
A dozen states are suing an Indiana company over a data breach that compromised information of more than 3.9 million people.
Indiana Attorney General Hill asks for $5M budget increase
Embattled Indiana Attorney General Curtis Hill did not appear in person Monday to request the increase from the State Budget Committee, which is gathering input before lawmakers write a new two-year budget.
Downtown Indy calls off civic New Year's Eve celebration
An outdoor New Year's Eve event in downtown Indianapolis that attracted 40,000 people just two years ago has been scratched.
Amazon CEO's drone-delivery prediction misses mark
Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people's doorsteps by now. Amazon customers are still waiting.
U.S.-China trade truce expected to boost stock market
The U.S. was set to raise tariffs on $200 billion in Chinese goods on Jan. 1 until President Donald Trump agreed Saturday with Chinese Leader Xi Jinping to hold off for 90 days while the two sides try to settle their differences.
Indiana veterans question handling of veterans assistance fund
Agency Director James Brown acknowledged that he may have approved state employee requests more quickly than other requests because he was aware of the employee's circumstances.
Trump joins leaders of Canada, Mexico to sign new trade pact
The U.S.-Mexico-Canada Agreement is meant to replace the 24-year-old North American Free Trade Agreement, which Trump has long denigrated as a "disaster."
Marriott reveals years-long data breach affecting 500 million customers
The hotelier announced Friday morning that information for hundreds of millions of guests who stayed at its Starwood properties has been compromised. Credit card numbers and expiration dates for some guests may have been taken.
Carson elected board chair at USA Gymnastics
Kathryn Carson replaces Karen Golz, who stepped down after taking over as chair of a newly appointed board in June.
Consumers boost spending at fastest pace in seven months
Incomes, which provide the fuel for spending, were up 0.5 percent in October, a significant pickup from a 0.2 percent September gain.
Football coach Brohm turns down Louisville job, will stay at Purdue
It probably won't be the last time the Boilermakers face such a battle for the services of 47-year-old Jeff Brohm, who is considered one of the bright young coaching minds in college football.
Powell: U.S. economy healthy, rate hikes aren't automatic
Federal Reserve Chairman Jerome Powell cast a bright picture of the U.S. economy Wednesday and appeared to suggest that the Fed might consider a pause in its interest rate hikes next year, igniting a rally on Wall Street.
UPDATE: Supreme Court weighs Indiana case on civil forfeiture
The U.S. Supreme Court left little doubt Wednesday that it would rule that the Constitution's ban on excessive fines applies to the states, an outcome that could help an Indiana man recover the $40,000 Land Rover police seized when they arrested him.
Commerce Department confirms 3.5 percent GDP growth in third quarter
The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated.
Angry over cutbacks, Trump threatens to end subsidies to GM
President Donald Trump threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the United States.
Surge in online holiday sales may bring February hangover
The takeaway from the past few days is that Americans are spending at unprecedented levels, and the overwhelming majority of that growth—if not all of it—is online.
United Technologies to break into three independent companies
The three companies will be United Technologies, which will house its aerospace and defense industry supplier businesses; Otis, the maker of elevators, escalators and moving walkways; and the Carrier air conditioning and building systems business.
FDA plans overhaul of medical device approval system
The decades-old system has long been criticized by experts for failing to catch problems with risky implants and medical instruments.
Hundreds of flights affected as snowstorm batters parts of Midwest
Flights from Indianapolis International Airport to Chicago were experiencing delays of almost 2-1/2 hours Monday morning.
Columbus buying shopping mall to make it recreational/tourism complex
The city of Columbus is partnering with Columbus Regional Hospital and the Heritage Fund/The Community Foundation of Bartholomew County on the $5.9 million purchase.
Indiana lawmakers look to address telemarketing issues
The state saw immediate results when the do-not-call law went into effect in 2002, but advances in technology are allowing telemarketers to find loopholes.
Q&A: Stocks slide into another market 'correction'
According to research firm CFRA, this is the first time since World War II that the S&P 500 has had two corrections in the same calendar year.
U.S. durable goods orders show worst decline in 15 months
The Commerce Department said Wednesday that orders to U.S. factories for big-ticket manufactured goods dropped 4.4 percent last month.
Americans, Canadians warned not to eat romaine lettuce
FDA Commissioner Scott Gottlieb said the FDA wanted to issue a warning about a new E. coli outbreak before people gathered for Thanksgiving meals, where the potential for exposure could increase.
Indiana Senate elects first new leader in 12 years
The Republican-dominated Senate, as expected, elected Sen. Rodric Bray of Martinsville as its president pro tem during the Legislature's Organization Day session on Tuesday.
Blogs
ROUNDUP: City Dogs Grocery to open Fountain Square store
Its second store in the downtown area will replace one in Broad Ripple. Also this week: Carvana, Vispring, Texas Roadhouse, Aldi, Dunkin' Donuts and Jimmy John's
Lake resort planned for site near Strawtown Koteewi Park
Strawtown Property Management LLC wants to build a resort featuring cabin rentals, campsites and an event center.
Women make up majority of U.S. medical school enrollment—but not in Indiana
Across the country, women are making large gains at medical schools. At Indiana's two medical schools, women still make up a minority of students, but the percentage is growing.
A&E, etc.
Looking back at the best films of 2018
This year, a wide range of movies rose above the average fare.
Seafood restaurant planned for hotel across from Bankers Life Fieldhouse
The new locally developed seafood eatery is one of four retail tenants that have agreed to lease space in the dual-branded Hyatt Hotel development across from Bankers Life Fieldhouse. The restaurant plans a second location at the Yard at Fishers District.
Visit Indy seeking 3 percent increase in CIB funding for 2019
The city's tourism agency plans to ask the Marion County Capital Improvement Board of Managers for an increase in funding, but is planning a slightly smaller overall budget in 2019.
Broad Ripple nursery owner says nearby redevelopment played role in closure
Weaver's Lawn & Garden recently closed after 57 years in business. The property owner said he is considering his options for the land.
More A&E, etc.
FEATURED MAGAZINES AND SUPPLEMENTS
Forefront
A state senator and a business advocate debate whether Indiana should take up the time zone issue—again—and consider moving to Central time. Also, Abdul-Hakim Shabazz considers the political correctness of a 1944 Christmas tune, Richard Feldman considers the collateral damage of the war on opioids and Michael Leppert takes on the "sore losers" who are trying to strip power from opponents.
CFO of the Year
IBJ launched its CFO of the Year recognition program in 2008 to spotlight the crucial role that top financial executives play in helping Indiana companies, government agencies and not-for-profits develop strategy and flourish. This year's class is a diverse group that includes CFOs of a city, a hospital, a sports team and a law firm.
Women of Influence
IBJ's Women of Influence program recognizes women who have risen to the highest levels of business, the arts, and community and public service in central Indiana.
Meeting & Event Planning Guide
The Indiana Convention Center has undergone four expansions, the last in 2011. Is it time for another one? Probably not just yet. Plus, caterer Renee Miner talks about what makes her work "controlled chaos" and lists of where to meet, who to hire for eats and more.
PROMOTIONAL SUPPLEMENTS
Giving Guide
Where can your time, talent and treasure do the most good? Our 2019 Giving Guide profiles 45 worthy organizations in Central Indiana that need your help.
Executive Gift Guide
From fine jewelry to outdoor adventure, the 2018 Executive Gift Guide is packed with creative ways to say thank you this holiday season.
Breast Cancer Awareness
In the Breast Cancer Awareness issue, you'll learn about a new procedure that eliminates the need for post-surgery radiation and find a "Breast Cancer by the numbers" feature complete with screening guidelines. You'll also find a calendar of breast cancer awareness events and learn about a volunteer opportunity designed to help cancer patients in need survive the disease with their dignity intact.
Diversity & Inclusion
In our "Business Cares: Diversity & Inclusion" section read about an Indiana company that was a pioneer in the quest for workplace equality. Learn how to avoid common "microaggressions" at work. Get practical advice on creating a diverse and inclusive workplace—and find out why diversity alone isn't enough. Plus, Indiana companies large and small share their stories and we take a look at Diversity & Inclusion by the numbers.
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