Stock markets are reeling, but economists say don’t panic yet
U.S. stock markets plummeted Monday, with two major indexes racking up their worst day of trading in almost two years.
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Buca di Beppo files for bankruptcy, closes Indianapolis restaurant
Italian restaurant chain Buca di Beppo filed for Chapter 11 bankruptcy on Monday, days after closing 13 underperforming eateries nationally, including one of its three local locations.
Fast-growing MBX Biosciences raises another $63.5 million in funding
MBX is focused on the discovery and development of novel precision peptide therapies for the treatment of endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity.
Fishers to work with land owner on new project where $1M condos had been planned
Plans to build a five-story, mixed-use building called The Rev at the intersection of East 116th Street and Municipal Drive have been called off.
Veteran groups join forces to push for legalization of electronic pull-tab gambling
The “Big Four” veteran organizations are forming the PlayIN for Charity alliance, which will advocate for enabling legislation in 2025.
Interstate 69 from Indianapolis to Evansville set to open to traffic
On Tuesday, the last part of the 150-mile project—an interchange linking I-69 and I-465—is scheduled to open following a celebratory on-site event to mark the occasion.
Tech startup Arrive recruits former Carmel mayor, Elevance CFO
The two additions could help Arrive AI—a maker of smart mailboxes with security and temperature-control features—to gain more traction with municipalities and health care providers.
Teenager sues Meta over ‘addictive’ Instagram features
The legal action adds to a growing swarm of suits against the company from state attorneys general and school districts aiming to tie America’s teen mental health crisis to social media.
Dow drops 860 points, Japanese stocks suffer worst crash since 1987
Nearly everything on Wall Street is tumbling Monday as fear about a slowing U.S. economy worsens and sets off another sell-off for financial markets around the world.
Charitable care from Hoosier not-for-profit hospitals remains stagnant while revenue increases
Meanwhile, health care systems continue to send thousands of Hoosiers to court over unpaid sums as small as $250.
Recreational marijuana sales in Ohio approved to start at nearly 100 locations
Ohio voters last November overwhelmingly approved allowing those over 21 to possess, purchase and grow limited amounts of cannabis for personal use.
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.
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.
