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Facebook is instructing its engineering managers to identify and weed out their lowest performing employees as the company seeks to rein in costs amid an economic downturn in the long-booming tech industry.
A Bloomington surgeon alleging Indiana University Health violated federal antitrust laws by acquiring local competitors has convinced the 7th Circuit Court of Appeals to reinstate his complaint.
Like a kite that has caught a stiff breeze, Eli Lilly and Co. stock is having the ride of its life. Shares in the Indianapolis-based drugmaker have soared 41% in the past 52 weeks, to about $331 each.
Shares of Twitter slid more than 9% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.
St. Louis Federal Reserve President James Bullard said he currently supports a 0.75 percentage point increase in the Fed’s benchmark short-term interest rate at its next meeting later this month.
In the May 3 primary, Fred Glynn of Carmel received 1,844 votes to 1,838 votes for Suzie Jaworowski of Fishers.
Dozens of Republicans who back pro-life issues refused to comment on a possible Indiana abortion ban, leaving a key Right to Life attorney’s proposal as the primary discussion point in the Indiana General Assembly.
To help cope with the shortage of candidates, school districts are relying more heavily on emergency permits, which are temporary credentials that allow people who aren’t licensed to teach a certain subject.
For the first time, a pharmaceutical company has asked for permission to sell a birth control pill over the counter in the United States.
IBJ Podcast host Mason King calls on frequent guest Peter Dunn—aka Pete The Planner—to give listeners a pep talk, or at least some straight talk about what’s happening and what to expect. He hits the major topics from inflation to recession, as well as the strategies for riding out the latest fiscal downturn such as gas-tax holidays and Fed rate increases.
The company is likely to face a lengthy courtroom battle with one of the world’s richest and most mercurial individuals, which could paralyze its ability to launch new initiatives and attract workers.
The recent crypto meltdown has prompted a larger question: For pension funds that ensure teachers, firefighters, police and other public workers receive benefits in retirement after public service, is any amount of crypto investment too risky?
As Uber aggressively pushed into markets around the world, the ride-sharing service used a “kill switch” to thwart regulators and law enforcement, and channeled money through Bermuda and other tax havens, according to a report released Sunday.
Officials warn of a possible fall or winter wave—perhaps as many as 100 million infections in the United States—that could again flood hospitals with COVID patients.
Daniel Bradley’s thorough recap of Carmel’s redevelopment overreach [Residents of longtime Carmel neighborhood oppose $133M project, June 3] demonstrates once more how arrogant the city administration has become.
The memorial plaza, which was added to the National Register of Historic Places in 1989, has played host to many civic and military events through the years, especially on the Fourth of July,
A report says World Wrestling Entertainment impresario Vince McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.
Twitter could push for a $1 billion breakup fee that Musk agreed to pay under these circumstances. Instead, it looks ready to fight to complete the purchase, which the company’s board has approved and CEO Parag Agrawal has insisted he wants to consummate.
The West Lafayette-based pharmaceutical testing company has seen its stock price soar—and later plunge—following its announcement last fall that it planned to acquire Indianapolis-based Envigo RMS LLC, which breeds and sells animals used in lab testing.
Just five years ago this summer, officials from Ascension St. Vincent opened the first of five tiny hospitals in the Indianapolis area, touting them as a new model of ease and comfort for patients.
