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Inflation gauge closely tracked by Federal Reserve rises at slowest pace this year
Friday’s report also showed that income growth slowed and spending cooled sharply in April, a trend that could help moderate economic growth and inflation in the coming months.
City, outside entities start inquiring about buying land adjacent to proposed stadium site
| Taylor Wooten and Mickey Shuey
AES Indiana, which owns a half-acre parking lot at 355 E. Pearl St., just east of Alabama Street, confirmed to IBJ that the company is “currently discussing its sale with a third party.”
Indianapolis Airport Authority moving ahead with decommissioning downtown heliport
Decommissioning the heliport is a needed step in the Hogsett administration’s plan to develop a professional soccer stadium on the east side of downtown.
Zionsville-based startup selling coffee with a high-tech, NFT twist
Zionsville-based startup Coin Coffee LLC has a new take on an age-old practice—connecting with others over coffee. The company’s business model includes coffee, art and nonfungible tokens as a way to promote artists.
Innovation Issue 2024
The Fourth Industrial Revolution—known in business as Industry 4.0—is well underway, requiring companies to invest heavily in connected devices, robots, automation and more to keep up with competitors and maintain or boost productivity. In this issue, IBJ explores what the state and the industry are doing to make sure Indiana manufacturing stays competitive. SPONSORED BY […]
Larry Bird Museum officially opens in Indiana
The museum contains memorabilia from Bird’s high school, college and NBA career, interactive exhibits and interviews with coaches, teammates and rivals.
Roger Penske says cheating scandal overblown by critics because there’s ‘blood in the water’
Roger Penske is well aware his integrity has been questioned because of a cheating scandal that cost Josef Newgarden his season-opening IndyCar victory.
Google scales back AI search answers after telling users to eat glue
The change is the latest example of Google launching an AI product with fanfare and then rolling it back after it goes awry.
Tesla settles defect case involving fatal Indianapolis crash
Tesla is facing a string of lawsuits around the country that blame various defects for fatal or otherwise serious collisions.
Joe Donnelly, former U.S. senator from Indiana, to step down as ambassador to Vatican
In a post on the social platform X on Thursday, the U.S. embassy to the Vatican confirmed Donnelly will leave the position July 8, but did not cite a reason for his departure.
UPDATE: Trump becomes first former U.S. president convicted of felony crimes
A New York jury found former President Donald Trump guilty of falsifying business records in a scheme to illegally influence the 2016 election through hush money payments to a porn actor who said the two had sex.
SubSurface street art festival stages comeback in Fountain Square
Twenty SubSurface artists will paint intricate, letter-based murals on five Fountain Square walls on June 8.
Amazon gets FAA approval allowing it to expand drone deliveries for online orders
By the end of the decade, the company has a goal of delivering 500 million packages by drone every year.
Former secretary of state Sullivan hired at Indianapolis lobbying firm
Holli Sullivan previously served as a member of the Indiana House of Representatives from 2014 to 2021, representing parts of Vanderburgh and Warrick Counties.
Letters: Indianapolis 500 blackout serves greater purpose
There is still magic to listening to the race on the radio. You experience the gravity placed on honoring the troops, you can feel the speed of the cars racing across the track, and for the 90 seconds that “Back Home Again in Indiana” is sung, everyone listening feels like a Hoosier.
Chucky-D restaurant opens at former downtown Punch Burger site
Chucky-D is a concept launched by three partners who have experience managing Asian restaurants in central Indiana.
Pickleball chain chooses Noblesville for second area club
Former NFL quarterback Drew Brees and a pair of Indianapolis financial advisers are working to build a 57,000-square-foot indoor pickleball facility on the south side of Noblesville.