Businesses, White House plan for possible rail strike Friday
Railroads have already started to curtail shipments of hazardous materials and refrigerated products ahead of Friday’s strike deadline.
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Starbucks to revamp stores to speed service, boost morale
The company also said it plans to open 2,000 net new stores in the U.S. by 2025, with an emphasis on meeting the growing demand for new types of service, including drive-thru, mobile ordering and delivery.
Myla Eldridge elected Marion County Democratic Party chair
Eldridge, vice chair of the Indiana Democratic Party, is now the first Black chair of the Marion County Democratic Party after a landslide victory against three other candidates.
Wall Street has worst day in more than 2 years on inflation data
The hotter-than-expected inflation reading has traders bracing for the Federal Reserve to ultimately raise interest rates even higher than expected to combat inflation, with all the risks for the economy that entails.
Eldridge, three others vying for Marion County Democratic chair
Marion County Clerk Myla Eldridge will be running against Ashley Greene-Hogue, Karla Nowlin and Rosemary Turentine during Tuesday evening’s caucus for the new Marion County Democratic Party chair.
Jim Brainard says he won’t seek eighth term as Carmel mayor
Brainard, who has overseen the Carmel’s transition from a traditional suburb to a destination city with a new downtown and more roundabouts than any other U.S. community, announced Tuesday that he will not seek re-election in 2023.
Twitter whistleblower cites security flaws before Congress
The former security chief at Twitter told Congress that the social media platform is plagued by weak cyber defenses that make it vulnerable to exploitation by “teenagers, thieves and spies” and put the privacy of its users at risk.
More dual-credit options expected to boost state’s sinking college-going rate
More Hoosier high schoolers than ever before have the option to earn college-level credit while still in secondary school—an opportunity Indiana education officials say could increase the number of students who pursue some form of higher education.
Existing home sales continue to cool as interest rates climb
Closed sales in the 16-county central Indiana area drooped from 3,883 in August 2021 to 3,461 last month—a year-over-year decrease of 10.9%, according to the latest data from the MIBOR Realtor Association.
North High Brewing Co. opening taproom in Circle Centre Mall
The Ohio-based brewer plans to begin serving pizza and craft beer Thursday in part of the former Granite City Food & Brewery location in the downtown mall.
U.S. inflation slows for second month but remains stubbornly high
Sharply lower prices for gas and cheaper used cars slowed U.S. inflation in August for a second straight month, though many other items rose in price, indicating that inflation remains a heavy burden for American households.
Corporate Social Responsibility Order
On November 20, Indianapolis Business Journal will publish our third annual custom Business Cares cover focusing on Corporate Social Responsibility (CSR). CSR is a self-contribution that reflects a business’s accountability and commitment to addressing social, cultural, and environmental issues in the community. Show your commitment to CSR and your willingness to make an impact in […]
Proposed Monon 30 projects receive TIF approval, $15M in incentives
The Monon 32 and the Domino, two projects in the 14.5-acre Monon 30 project, have received approval for their own respective tax increment financing districts and millions of dollars in bonds.
Charter-friendly advocacy groups make endorsements for IPS school board
Two influential groups with strong ties to the charter school movement have both endorsed Hope Hampton over Kristen Elizabeth Phair in the sole Indianapolis Public Schools school board race that’s contested this year.
Production resumes at Indiana refinery shut down after fire
The refinery produces about 435,000 barrels per day and provides about 20% to 25% of the refined gasoline, jet fuel, and diesel used by Illinois, Indiana, Michigan, and Wisconsin.
Indiana court hearing set after abortion ban takes effect
The special judge overseeing the case issued an order Monday setting a court hearing for Sept. 19, which is four days after the ban’s effective date.
Pressure mounts on U.S. railroads, unions to reach deal
Freight railroads and their unions face a looming strike deadline on Friday, and business groups say a stoppage halting deliveries of raw materials and finished products that so many companies rely on would be an economic disaster.
U.S., Mexico to cooperate on semiconductors, electric vehicles
The countries seek to eat into Asia’s advantage in semiconductors and batteries needed for electric vehicles and promote North American production.
U.S. sent $1.3B in small-business COVID aid abroad, raising new fraud fears
In total, the Small Business Administration made 41,638 awards to applicants that pursued that aid using computers believed to be located abroad, according to the agency’s inspector general.