Outages hit Schwab, Fidelity, other online trading brokerages during market sell-off
Several online brokerage firms appeared to be down for thousands of users early Monday during one of the biggest stock markets sell-offs of 2024.
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Japan’s Nikkei index has its worst day in decades as markets quake over risks to US economy
A report Friday showing hiring by U.S. employers slowed last month by much more than expected has convulsed financial markets, vanquishing the euphoria that had taken the Nikkei 225 to all-times highs of over 42,000 in recent weeks.
IBJ Podcast: Simons building hospitality ecosystem by fieldhouse with plans to add luxury hotel, concert venue
Here’s how plans for a $300 million complex with a luxury hotel and concert venue could vibe with Gainbridge Fieldhouse and Commission Row—not to mention the proposed soccer stadium a couple blocks to the east.
Buttigieg touts homegrown EV manufacturing, union jobs at Kokomo stop
U.S. Transportation Secretary Pete Buttigieg, a South Bend native, said the nation has entered a “manufacturing renaissance.”
Indianapolis company powering Indiana State Fair gift shop
United State of Indiana launched in 2011 and has grown into an online store, retail location near Broad Ripple and event exhibitor.
Drugstores tinker with new looks as their usual way of doing business faces challenges
America’s drugstores are testing smaller locations and more ways to offer care as price-sensitive shoppers look elsewhere.
Evansville’s Lilly King helps power American women to gold in swimming relay
Evansville swimmer Lilly King and the American women set a world record in the 4×100 medley relay on the final night of swimming at the Paris Olympics.
Freeney thanks high school coach at Pro Football Hall of Fame induction
Dwight Freeney, a three-time All-Pro defensive end with the Indianapolis Colts, was encouraged to change from soccer to football by his high school’s football coach. It was a life-changing move.
Beatles anniversary tribute concert planned at Indiana Farmers Coliseum
A concert by prominent tribute act 1964 The Tribute is planned Sept. 3 at Indiana Farmers Coliseum, marking the 60th anniversary of the Beatles’ visit to the Indiana State Fair and adding to other tributes occurring during the fair itself.
Carmel doubles player wins silver in Olympic tennis
Carmel’s Rajeev Ram came heartbreakingly close to becoming the oldest player to win an Olympics tennis gold since the sport returned to the Summer Games in 1988.
Lilly Endowment approves more than $300M in grants to 13 Indiana colleges
The five-year implementation grants range from $12.1 million to $32 million each, with DePauw University in Greencastle landing the largest grant.
Nvidia facing antitrust probe from regulators amid competitor complaints
Nvidia’s has cemented itself as a poster child for the artificial intelligence boom—and in the process become one of the most valuable companies in the world.
Justice Department sues TikTok, accuses it of illegally collecting children’s data
The latest lawsuit focuses on allegations that TikTok violated federal law that requires kid-oriented apps to get parental consent before collecting personal information of children under 13.
Cecil Bohanon and John Horowitz: Organizations must plan to prevent problems
| Cecil Bohanon and John Horowitz
It is difficult for businesses and individuals to forecast all risks.
Mickey Kim and Roger Lee: Will ‘boomer candy’ give your portfolio cavities?
| Mickey Kim and Roger Lee
According to The Wall Street Journal, the latter category was almost nonexistent four years ago (before the SEC’s new rules) but has exploded in popularity, taking in $31 billion of new investor money over the past 12 months and bringing total assets to $120 billion.
Made in Indiana: Jet-Puffed Marshmallows by The Kraft Heinz Co.
History: Kraft established its manufacturing presence in the northern Indiana city of Kendallville in 1935, initially producing caramel candies. The operation began making Jet-Puffed products in 1961 and has since scaled up its production of “marshmallow innovations.” Now, over 400 hourly and salaried employees, whom the company calls “the guardians of our beloved and nostalgic […]
Simon family expands footprint near fieldhouse
For decades, Herb Simon’s downtown investment focused on owning Pacers Sports & Entertainment and managing Gainbridge Fieldhouse. But in recent years, Simon and his family have expanded their investments and holdings in downtown’s Warehouse District.
Push for microchips could reshape Indiana’s economy
Indiana’s economic development conversations are becoming increasingly centered on a high-tech manufacturing industry in which few current Hoosier workers have experience: semiconductors.
Indiana 250: Katie Jenner
Katie Jenner leads the Indiana Department of Education and chairs the State Board of Education, overseeing a budget of more than $10 billion, more than 2,200 schools, 1.13 million students and 80,000-plus teachers and administrators. She has secured a $170 million investment in literacy, allowing the department to deploy solutions aimed at achieving Indiana’s goal of 95% of […]
Barb Cutillo: Empowering owners to drive growth in their communities
A coalition of concerned organizations—including the Kelley School of Business, the Indy Chamber of Commerce, the Indy Black Chamber of Commerce and Mid-States Minority Supplier Development Council—decided to work together to support small businesses by doing what we individually do best for the business community.