Fed’s Powell: More rate hikes likely this year to fight still-high inflation
The contrast between the Fed’s stated concern over still-high inflation and its decision to skip a rate hike has heightened uncertainty about its next moves.
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Amazon accused of enrolling consumers into Prime without consent, making it hard to cancel
Amazon was sued Wednesday by Federal Trade Commission, which accused the company of using deceptive designs, known as “dark patterns,” to deceive consumers into enrolling in the Prime program.
Indiana one of two states competing for $50B semiconductor plant
The Indiana Economic Development Corp. disclosed that it is also courting a $3.2 billion data center project that could result in 250 high-wage jobs in Boone County.
Lucas Oil Stadium to host Saturday events for 2024 NBA All-Star Weekend
Event organizers plan to use the south end of Lucas Oil to accommodate 35,000 spectators for on-court activities, including the Slam Dunk competition, the 3-Point Contest and the Skills Challenge.
Battery maker EnerDel lays off most of its employees, workers say
The company reported having 60 employees in the United States in early 2022, though it’s not known if that number included about 25 employees at an engineering center in California.
Lebanon to consider special zoning classification for part of LEAP district
The LEAP Lebanon Innovation District Planned Unit Development would set development standards for about 6,000 acres of the planned high-tech district in Boone County along Interstate 65 between Indianapolis and Lafayette.
Fishers OKs fines against businesses making too many 911 calls
The Fishers City Council on Monday unanimously approved the ordinance allowing $250 fines against businesses making 16 or more such calls in a three-month period.
Indiana Medicaid director Taylor set to resign
Allison Taylor is set to resign “later this summer” after eight years with the Indiana Family and Social Services Administration and six years as Medicaid director—and as the program makes drastic post-pandemic adjustments.
Powell to face hearings at time of rising uncertainty over interest rates
The two days of hearings before Congress will likely focus on the question that consumed the central bank last week: How far and how fast will the Fed raise its key interest rate from here?
FCC rule would force cable companies to include fees in upfront pricing
The FCC on Tuesday officially proposed a rule that would require cable and satellite providers to show the full price of their services upfront, instead of sneaking them into bills under names such as “broadcast TV” fees.
Fountain Square restaurant, wine shop closing due to staffing issues
In 2021, the owners moved the business to the former Pioneer building at 1110 Shelby St., a much larger space that would allow the business to expand its food and drink menu.
Another electric vehicle maker to join Tesla charging network
The move is another domino to fall as the auto industry considers switching to Tesla’s connector, which it calls the North American Charging Standard.
HR Impact Awards 2023
Read about the people, programs and companies that are changing the look of human resources. PRESENTING SPONSOR UNDERWRITING SPONSOR HR STANDOUTS KIERSTIN JANIK Chief Talent Officer, Heritage Construction + Materials ALYSSA SKARBEK Director of Human Resources, The Garrett Cos. REBECCA “BECKY” GONZALEZ Director of HR Operations, Parkview Health JULETTA TOLIVER Senior Director for Human Resources, […]
Report: Charitable giving drops for only the 4th time in 40 years
The decline comes at a time when many not-for-profits, especially ones providing services to those in need, report an increase in requests for help.
Gannett sues Google and Alphabet, claiming they have monopoly on digital advertising
The largest U.S. newspaper publisher by total daily circulation alleges in the suit that Google controls how publishers sell their ad slots and forces them to sell an increasing amount of ad space to Google at lower prices.
Gershman, Citimark seeking tax break on $175M south-side industrial project
Built primarily on what is now agricultural land, the 1.9 million-square-foot project is expected to encompass 170 acres and consist of five buildings, ranging from 100,000 square feet to nearly 575,000 square feet.
Indianapolis hospital eliminates noncompete clauses for doctors
Indiana legislators passed a law this year barring primary care physicians and employers from signing noncompete clauses Eskenazi Medical Group’s move goes further.
Lilly to buy California immunology company in $2.4B deal
Dice has a proprietary technology platform to build a pipeline of novel oral therapeutic candidates to treat chronic diseases in immunology.
Fishers City Council OKs major downtown development projects
The city council approved project agreements for three major developments announced last week, along with an economic development agreement for a compounding pharmacy looking to move to the city.
Buttigieg says he’s wary of overdependence on China for EV materials
U.S. Transportation Secretary Pete Buttigieg said he didn’t want the U.S. to be in a situation in which it was dependent on any one country for the resources that are needed for electric vehicles.
