Stock market slump unsettling Americans eying retirement
A stock market slump this year has taken a big bite out of investors’ portfolios, including retirement plans like 401(k)s.
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Kellett breaks crash-free streak at Indy 500 practice
The horsepower boost that produced record speeds in qualifying went away Monday when teams swapped their engines for the power plants that will be used in Sunday’s race.
Stellantis to make Indiana announcement; might be battery plant
Automaker Stellantis said it will give an update on the future of its Kokomo operations at an Indiana community college on Tuesday afternoon.
Amazon to sublease warehouses as online shopping slows
Seattle-based Amazon doubled the size of its operations during the pandemic, adding more warehouses and employees. But as the worst of the pandemic eased, it found itself with too much warehouse space and too many workers.
IU alumni Joshua Bell, Chris Botti among headliners set for Carmel arts center
Carmel’s Center for the Performing Arts, known for its Palladium venue, unveiled 51 shows during a Monday night presentation for top supporters of the not-for-profit organization.
Colts team up with physician assistants to offer mental health training
The football team’s “Kick the Stigma” campaign has teamed up with the American Academy of Physician Associates on a new initiative to provide training on identifying and responding to mental conditions and mental health disorders.
USA Swimming sets dates for 2024 Olympic trials
The trials are set to end 33 days before the beginning of the Olympics on July 26. That mirrors the time frame used for both the 2016 and 2021 trials.
Carmel home of late philanthropist Harrison Eiteljorg goes on market for $1.65M
The home, constructed in 1940, sits in a 4.3-acre wooded, gated estate at 9950 Spring Mill Road. The 12-room house includes five bedrooms and offers panoramic views.
Average age of U.S. cars hits record in fifth straight annual increase
Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.
Pfizer says three low-dose COVID shots protect children under 5
Pfizer plans to give the data to U.S. regulators later this week in a step toward letting the littlest children get the shots. The 18 million tots under 5 make up the only group in the U.S. not yet eligible for COVID-19 vaccination.
Penske buys key parcel across from Speedway with plans to rethink track’s ‘front door’
The acquisition across from the Indianapolis Motor Speedway’s main entrance on 16th Street gives track officials a large swath of contiguous land for reimagining the corridor.
IBJ Podcast: Doug Boles is the Speedway’s chief evangelist
In this week’s podcast, host Mason King talks with Boles about what his daily life is like in May, why he calls race fans every day on his drive home from work and what’s ahead for the hundreds of acres of undeveloped land IMS owns.
Irsay acquires Kurt Cobain’s ‘Smells Like Teen Spirit’ guitar for $4.5M
The auction, which brought in a total of nearly $15 million, featured numerous Nirvana-related items that were sold, with a portion of the proceeds going to the Colts’ Kicking The Stigma mental health awareness campaign.
IPS officials study possibility of merging some smaller schools
Whether a student can play a sport, study advanced math, or sing in a choir varies widely by where they attend school, Indianapolis Public School officials said at the latest in a series of meetings that raise the possibility of closing some schools.
Federal judge issues order against research dog-breeding facility
U.S. District Judge Norman Moon said the evidence from federal inspections shows more than 300 beagle puppies have died at the facility, which is owned by Indianapolis-based Envigo, over the last seven months of unknown causes.
78,000 pounds of infant formula arrives in Indianapolis
A military plane carrying enough specialty infant formula for more than half a million baby bottles arrived Sunday, the first of several flights to the United States expected from Europe aimed at relieving a ongoing shortage.
Scott Dixon blazes to Indy 500 pole in record 234 mph run
Dixon turned four laps on Sunday at an average of 234.046 mph around Indianapolis Motor Speedway. His average broke Scott Brayton’s pole-winning record set in 1996 of 233.718 mph.
Carmel man handed federal prison sentence for securities fraud
George R. McKown, 71, who was convicted of conspiracy to commit securities fraud and wire fraud, also was ordered to pay more than $5.2 million in restitution to his victims.
Mandy Haskett: How bright people deal with ‘Debbie Downers’
A moniker for our culture’s doomsday dwellers, Debbie Downer is defined (irrespective of gender) as, “a negative or pessimistic person; a person who speaks only of the bad or depressing aspects of something and lessens the enthusiasm or pleasure of others.”