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Consumer goods giant Unilever hikes prices for products but expects strong sales

July 26, 2022 | Associated Press

Unilever, which owns 400 consumer brands ranging from Ben & Jerry’s ice cream to Dove skin care, raised prices by more than 11% between April and June as inflation surged around the world.

Lafayette Square’s new owner points to $50M in upgrades so far

July 26, 2022 | Mickey Shuey

Owner Fabio de la Cruz said said the investment is only the start of what’s expected to be at least a $200 million project through his firm Sojos Capital LLC.

Consumer confidence slides for third straight month in July

July 26, 2022 | Associated Press

The Conference Board said Tuesday that its consumer confidence index fell largely due to consumer anxiety over the current economic conditions, particularly four-decade high inflation.

Judge involved in 2019 downtown shooting agrees to never hold judicial office again

July 25, 2022 | Indiana Lawyer Staff

Embattled Crawford Circuit Court Judge Sabrina R. Bell, who was previously disciplined for her role in a shooting in downtown Indianapolis, has resigned following her arrest for allegedly hitting her ex-husband in front of their children.

Indiana abortion debate draws protest crowds as legislative hearings continue

July 25, 2022 | Associated Press

Thousands of people arguing the abortion issue surrounded the Indiana Statehouse and filled its corridors Monday as state lawmakers began consideration of a Republican proposal to ban nearly all abortions in the state.

Biden pushes computer chips legislation in advance of Senate vote

July 25, 2022 | Associated Press

The bill is being closely watched in Indiana, where manufacturers, research universities and economic development officials are rooting for its passage.

Walmart cuts profit outlook as shoppers adapt to inflation

July 25, 2022 | Associated Press

Walmart’s move to lower its profit outlook in the middle of the quarter is rare and raised worries about how inflation, the highest in 40 years, is affecting the entire consumer sector.

Rents spike as big-pocketed investors buy mobile home parks

July 25, 2022 | Associated Press

Driven by some of the strongest returns in real estate, investors have shaken up a once-sleepy sector that’s home to more than 22 million mostly low-income Americans in 43,000 communities.

Physician sues Witham Memorial Hospital, alleging violation of FMLA and Equal Pay Act

July 25, 2022 | John Russell

Dr. Kimberly Gatzimos, who was fired by Witham Memorial Hospital, is suing her former employer, claiming she was illegally discriminated against after becoming ill as a result of dangerous conditions at her office.

UPDATE: Ex-U.S. congressman Buyer among 9 charged in insider trading cases

July 25, 2022 | Associated Press and IBJ Staff

Stephen Buyer is accused in court papers of engaging in insider trading during a merger of T-Mobile and Sprint, among other deals. It said he leveraged his work as a consultant and lobbyist to make illegal profits.

UPDATE: Carmel police chief resigns less than a week after deputy chief’s suspension

July 25, 2022 | Daniel Bradley

Jeff Horner served as chief of the Carmel Police Department for about seven months before handing in his resignation from the position. Several hours after announcing the resignation, Carmel announced Horner would remain with the police force in another position.

Vice President Kamala Harris meets with Indiana lawmakers, abortion-rights advocates

July 25, 2022 | Peter Blanchard

The arrival of Vice President Kamala Harris comes as Indiana lawmakers meet in special session to discuss legislation to severely restrict abortion access.

Emmis founder Jeff Smulyan selected for Radio Hall of Fame

July 25, 2022 | Dave Lindquist

Jeff Smulyan will enter Radio Hall of Fame with Yankees broadcaster Suzyn Waldman, country countdown host Lon Helton and six others.

Hybrid work reduced employee attrition rate by 35%, study shows

July 25, 2022 | Bloomberg News

With the unemployment rate near its lowest level in five decades, even some of the staunchest critics of work-from-home have changed their tune to attract and retain employees.

Feds sue poultry producers, alleging unfair worker practices

July 25, 2022 | Associated Press

In its lawsuit, the Justice Department alleges the companies have been engaged in a multiyear conspiracy to exchange information about the wages and benefits of workers at poultry processing plants to drive down employee competition in the marketplace.

Local not-for-profits receive $260K in family homelessness grants

July 25, 2022 | Taylor Wooten

The funds will allow Family Promise of Greater Indianapolis to expand its apartment shelter program and support The Learning Tree’s tenant advocacy program.

Renewable energy farm builder IEA to be acquired for $1.1 billion

July 25, 2022 | John Russell

Infrastructure and Energy Alternatives Inc., which ranks as the 10th largest public company in the Indianapolis area, has agreed to be acquired by MasTec Inc., a Florida-based construction and engineering firm.

IBJ Podcast: The audacious challenge of choosing leaders for the inaugural Indiana 250

July 25, 2022

Host Mason King talks with IBJ Media CEO Nate Feltman and IBJ Editor Lesley Weidenbener about the goal of Indiana 250, which recognizes the state’s most influential leaders, and the challenge of choosing the honorees.

Irsay pays $6M at auction for Muhammad Ali’s ‘Rumble in the Jungle’ belt

July 24, 2022 | Associated Press

In a tweet Sunday, Irsay confirmed he has acquired the belt for his collection of rock music, American history and pop culture memorabilia, which is currently touring the country.

Semiconductor bill unites far left, far right in opposition

July 24, 2022 | Associated Press

Democratic socialist Sen. Bernie Sanders and the fiscally conservative right consider new grants and tax breaks to help computer chip manufacturers “corporate welfare.”

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Lesley Weidenbener
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