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UPDATE: Elanco shares jump 16% as company raises full-year guidance
The company, which makes vaccines, antibiotics and other animal-health products, said it now expects full-year revenue of between $4.57 billion and $4.62 billion.
Trump plans 100% tariff on computer chips, unless companies build in United States
Demand for computer chips has been climbing worldwide, with sales increasing 19.6% in the year-ended in June, according to the World Semiconductor Trade Statistics organization.
Mid-cycle redistricting fight comes to Indiana Statehouse
Indiana’s Democratic lawmakers and concerned residents will be at the Statehouse on Thursday to protest a possible campaign to redraw congressional boundaries.
Expert: Trump administration likely ‘relishes’ controversy over ‘Speedway Slammer’ moniker
| Associated Press and Mickey Shuey
A new state partnership to expand immigrant detention is being promoted with a “Speedway Slammer” nickname. The moniker drew a backlash from the IndyCar Series on Wednesday and also a response from Pato O’Ward, the only Mexican driver in the series.
Growth Summit speaker list includes Hobby Lobby CEO, Goldman Sachs managing director
Organizers for the Prolific Growth Summit—a new event scheduled as part of this year’s Rally innovation conference in Indianapolis—have revealed a full list of speakers for the summit.
Research on reversing Alzheimer’s reveals lithium as potential key
Seven years of investigation by scientists at Harvard Medical School has revealed that the loss of the metal lithium plays a powerful role in Alzheimer’s disease, a finding that could lead to earlier detection, new treatments and a broader understanding of how the brain ages.
Speedway, IndyCar say they weren’t consulted on federal ‘Speedway Slammer’ moniker
As part of the plan’s public rollout, Homeland Security posted on social media a manipulated image of an ICE-branded IndyCar outside the correctional facility.
Owners of Brownsburg bar to open Mass Ave restaurant in former Nine Irish Brothers spot
Nine Irish Brothers closed last December after a decade of business at Millikan on Mass.
Trump to highlight Apple’s plans to invest $100B more in US, raising total to $600B
Apple’s new investments will be about bringing more of its supply chain and advanced manufacturing to the United States.
IU lands $16.5M grant to advance Alzheimer’s research using 3D brain modeling
The grant will fund a new center at the medical school which will be one of only two in the U.S. dedicated to developing stem-cell-based models of the brain to better understand Alzheimer’s disease.
US government proposes easing some restrictions on drones traveling long distances
Drones are already used in a variety of ways, including bolstering search and rescue operations, applying fertilizer, inspecting power lines and railroad bridges and delivering packages.
Stellantis announces job cuts at Indiana EV battery plant
StarPlus Energy LLC, the joint venture between global automaker Stellantis and Samsung SDI, is laying off workers, Stellantis announced Wednesday.
Claire’s, once a mall destination for tweens, files for bankruptcy
Claire’s has nine locations in the Indianapolis area, including mall stores in Castleton Square, Clay Terrace, the Shops at Perry Crossing, Greenwood Park Mall and Hamilton Town Center.
Former credit union manager indicted on fraud charges
The former manager of a credit union branch in Indianapolis has been charged after investigators say she stole more than $350,000 from customer accounts.
RFK Jr. yanks $500M in funding for mRNA vaccine development
Health Secretary Robert F. Kennedy Jr. announced Tuesday that 22 projects, totaling $500 million, to develop vaccines using mRNA technology will be halted.
In NCAA streamlining, big conferences get more power, but not everything they wanted
The effort is the latest in an ongoing push to give the biggest, football-playing schools more autonomy in making decisions across the college landscape.
Crucial exemption allows most Canadian, Mexican goods to be shipped to US without tariffs
The vast majority of goods exported to the United States by Canada and Mexico are shielded from tariffs under the 2020 United States-Mexico-Canada Agreement that President Trump negotiated during his first term.
NFL, ESPN reach nonbinding agreement for sale of NFL Network, other media assets
The league and ESPN still have to negotiate a final agreement and get approval from NFL owners. The agreement will also have to undergo regulatory approvals.
JD Vance heads to Indiana to push redistricting, but legalities remain unclear
An Indiana House Democrat called defeating mid-cycle redistricting “a knife fight for democracy.”
