Kem Krest to close Carmel operations, eliminate 77 jobs
The supply chain optimization company said the closure is due to “declining sales, current and projected business needs, and business priorities.”
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NCAA men’s basketball mock selection exercise provides look behind the curtain
The NCAA held a mock selection exercise on Thursday, Feb. 19, inside a conference room at the governing body’s downtown Indianapolis headquarters to show how much goes into the process.
Economy’s 4Q performance downgraded sharply from initial estimate
The U.S. economy, hobbled by last fall’s 43-day government shutdown, advanced at an unexpectedly sluggish rate from October through December, the Commerce Department reported Friday.
Job openings rise to better-than-expected 7M despite sluggish labor market
Layoffs fell slightly and the number of Americans quitting their jobs — a sign of confidence in their prospects — slipped modestly.
Truck industry dealmakers talk strategy at Work Truck Week event in Indy
Among those who make, sell, use or repair work trucks and equipment, Indianapolis has been at the center of the universe this week.
More than 500 advocates gather to push elected officials on homelessness, immigration
The group described Thursday’s event as “a public action.”
Trump administration allows for Russian oil sales as energy prices soar
The move is an effort to calm markets and stem the economic fallout from the war on Iran, which has sent crude prices spiraling upward.
Jim Irsay Collection auction yields dizzying bids for David Gilmour, Jerry Garcia guitars
The guitar used on iconic Pink Floyd albums “Dark Side of the Moon” and “The Wall” shattered a sales record in Thursday’s auction, which also saw the sale of Jack Kerouac’s “On the Road” scroll.
Braun signs bills for data center payments, IEDC tax credits, rental caps
Under the new laws, data centers will have to pay local governments a portion of the tax cuts they receive and Carmel and Fishers will have to end caps on rental properties.
Senate passes bipartisan housing bill to improve access and affordability
The bill would reduce regulations, regulate corporate investors and expand how housing dollars can be used to build affordable homes and rentals.
Lawyers in landmark social media addiction trial make final appeals to jury
The case has been selected as a bellwether trial, meaning its outcome could impact how thousands of similar lawsuits against social media companies are likely to play out.
WNBA and its players’ union meet for a 3rd straight day as they seek new labor deal
The sides started Thursday’s discussions around 11 a.m. Nine hours later, they were still talking. The main sticking point is still revenue sharing.
Live Nation employee mocks customers as ‘so stupid’ in internal messages released in court case
Live Nation wants the exhibits disqualified from the trial, saying the messages reflect “off-the-cuff banter, not policy” between two personal friends who do not work together.
Former Mellencamp backing vocalist mentors next generation at top arts school
In 2025, The Recording Academy selected Courtney Kaiser-Sandler as one of 200 quarterfinalists for the Grammy Museum’s music educator award.
Honda warns of historic annual loss on global EV downturn
The carmaker’s strategy rethink will see it cancel the development and launch of three EV models that had been planned for North America, it said Thursday.
Purdue’s president: Universities must adjust to the new realities of AI
Speakers at IBJ’s Technology Power Breakfast, including Purdue University President Mung Chiang, talked about the changes that artificial intelligence is bringing and what people can do to be ready.
Smaller portions a growing restaurant trend as customers watch budgets, waistlines
Special menus with petite, less expensive portions are popping up all over, from large chains like Olive Garden and The Cheesecake Factory to trendy urban eateries and farm-to-fork dining rooms.
