Nations puzzle over how to respond to trade war as global markets sink
America’s trading partners wrestled with responses to U.S. President Donald Trump’s blast of tariff hikes and some planned to send negotiators to Washington, D.C.
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Trump threatens more tariffs on China as global markets plunge
President Trump’s threat, which he delivered on social media, came after China said it would retaliate against U.S. tariffs announced last week.
Hearing on landmark $2.8B NCAA settlement could lock in seismic changes for college sports
Hours before college basketball crowns its next men’s championship team, the future of college sports will be hanging in the balance in a California courtroom.
UPDATE: Republic Airways takes over troubled Mesa Air Group in all-stock deal
The all-stock deal is expected to close in the late third or early fourth quarter of this year.
Indy Art Center seeking donations for facility upgrades
The Indy Art Center is is hoping to complete an $8.8 million capital campaign that will be used to help it renovate its Marilyn K. Glick School of Art building and outdoor Artspark in Broad Ripple.
IBJ Podcast: Could a tax credit upgrade help make Indiana a film and media hub?
Neighboring states offer much greater incentives to movie and TV producers than Indiana. And filmmakers aren’t entirely sold on modest and narrowly focused improvements under consideration by lawmakers.
Lilly sues Indianapolis clinic for selling split doses of popular weight-loss drugs
The drugmaker accuses Premier Weight Loss of risking patients’ health by selling altered, unsterile versions of its blockbuster drugs Mounjaro and Zepbound.
Trump says he’s not backing down on tariffs, calls them ‘medicine’ as markets reel
President Trump’s comments came as global financial markets appeared on track to continue sharp declines once trading resumes Monday.
Cedric Dempsey, former NCAA president who moved HQ to Indy, dies at 92
Dempsey oversaw the organization’s move from the Kansas City suburbs to Indianapolis in 1999 and helped reimagine how the governing body could work best in the 21st century.
Skyrocketing cost of weight-loss drugs has state Medicaid programs looking for solution
At least 14 states already cover the cost of GLP-1 medications for obesity treatment for patients on Medicaid. Indiana is not one of them.
Senate takes a crucial step toward extending Trump tax cuts
The framework now moves to the House, which must pass it before lawmakers can start working on the bill itself.
Trump administration nixes plan to cover anti-obesity drugs through Medicare
President Trump’s predecessor, Joe Biden, proposed a rule in late November after Trump won re-election that would have extended coverage of drugs like Zepbound and Wegovy.
Police apprehend man waving gun on Circle
IBJ reporters and editors watched the incident from IBJ Media’s third floor office in the AES building in the southeast quadrant of the Circle.
House property tax plan would mean lower bills for most homeowners, big changes in system over time
To achieve immediate tax relief, the plan would create a credit worth up to $200 on all homeowners’ property tax bills beginning in 2026.
Trump extends TikTok deadline another 75 days
The administration said it needs more time to broker a deal to bring the social media platform under American ownership.
Advanced manufacturing training program is evolving to better prep workers for Industry 4.0
Conexus wants to move its Catapult programming on-site with manufacturers that want to hire Catapult graduates. And it plans to reduce its own role in the program.
Todd Young and Matt Pottinger: Funding R&D at universities is vital to national security
Our policymakers should lock arms with the science-and-technology dreamers and doers across the country—from Silicon Valley to the Silicon Prairie.
Modest legislative proposal aims to enhance Indiana tax credit
A bill that would tweak language from a 2022 law establishing a filmmaking tax credit might make the languishing credit more likely to attract productions and generate economic activity.
Three years later: Where’s Hy-Vee?
In 2022, Iowa-based Hy-Vee said it would build a pair of 150,000-square-foot stores in the suburbs north of Indianapolis: one in Zionsville and another in Fishers. The company hasn’t broken ground at either site.
New lender’s approach will be a first for state
Evansville-based Old National Bank is working on a first-of-its-kind effort: the launch of an Indiana-based bank whose target customers are minorities and those underserved by traditional banks.
