The retail behemoth will begin paying a minimum wage of $15 per hour in November, but local non-Amazon employers say they have strategies of their own for attracting and retaining workers.
Amazon's announcement that it would raise its hourly minimum wage to $15 has been seen as a victory for workers. But some longtime employees say their compensation could fall by thousands of dollars per year.
A study published in the journal Health Affairs outlines how Eskenazi Health saved money by providing nutrition advice, social work counseling and other non-medical services to cut hospitalizations and ER visits.
Mary Bono, who was named interim president and CEO of Indianapolis-based USA Gymnastics on Friday, resigned Tuesday after coming under fire from high-profile gymnasts Aly Raisman and Simone Biles.
The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.
One year ago, Indiana-based Endocyte Inc. bought the rights to a prostate cancer treatment for $12 million, plus future considerations. On Thursday, Novartis AG agreed to pay almost 200 times that amount to acquire Endocyte and the experimental therapy.
The West Lafayette biotech firm’s stock traded as low as $1.41 last fall, following multiple setbacks and restructurings. But the stock had soared to $24 Thursday morning after news that it would be acquired by Novartis.
The Treasury pilot program implements broader powers Congress granted this year to the Committee on Foreign Investment in the U.S., a panel of officials who review foreign takeover of American firms and can recommend that the president block deals that threaten national security.
The report commissioned by the Indiana Gaming Commission recommended that lawmakers take action during the 2019 session, saying the risks of delaying it “clearly outweigh the rewards.”
Stiffening competition, surging online advertising costs and cheap mall space have prompted web retailers like Warby Parker and Bonobos to open physical stores, including locations in Indianapolis.
