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Indy-based Luna Language Services acquired by Philadelphia firm
Luna was founded in 2001 Luna Language Services and provides interpreting and translation services to a client base that includes some of Indiana’s largest employers.
OneZone, Northern Hamilton County Chamber announce merger
The Northern Hamilton County Chamber, which includes Arcadia, Atlanta, Cicero and Sheridan, will keep its identity and branding, the organizations said.
Medicare to expand coverage for new class of costly Alzheimer’s drugs
Groups such as the Alzheimer’s Association have pushed Medicare to cover the new Alzheimer’s drugs—including those cleared on an expedited basis—saying that the FDA should be the final arbiter of safety and efficacy of drugs.
Macy’s cuts full-year outlook in latest sign of retail slowdown
Macy’s is being swept up in a broader pullback in retail spending as consumers feel squeezed by rising prices and higher interest rates.
Salesforce gives forecast for slowing sales growth in push for profit
Shares in Salesforce tumbled Thursday after the software company signaled it isn’t growing as fast as it used to while shifting its focus to generating a bigger profit.
Wave of retirements leaving some U.S. industries desperate to hire
Since 2019, the proportion of retirees in the U.S. population has risen from 18% to nearly 20%—equivalent to about 3.5 million fewer workers. And the trend seems sure to accelerate.
North of 96th roundup: Dry Goods, Ross Dress for Less plan openings
Numerous retailers, restaurants and other businesses have recently opened or are planning new locations in the north suburbs of Indianapolis. Here’s a rundown.
Purdue’s Edey returning to school instead of staying in NBA Draft
National player of the year Zach Edey decided it was the right call to go back to school instead of playing in the NBA.
Former Edison CEO alleges defamation, wrongful termination by school
Nathan Tuttle, the former CEO and executive director of the Edison School of the Arts, is seeking at least $300,000 in damages from the school.
Amazon to pay $30M to settle privacy issues over Alexa, Ring cameras
The Federal Trade Commission voted to file charges in two separate cases Wednesday that could also force the company to delete certain data collected by its popular internet-connected devices.
Fan whose car was damaged by flying tire at Indy 500 to get new ride
The wheel came off with less than 20 laps to go in Sunday’s race when Felix Rosenqvist and Kyle Kirkwood collided. Kirkwood’s left rear tire bounced over the fence and the corner of the grandstand before landing in a parking lot.
House OKs debt ceiling bill, sends Biden-McCarthy deal to Senate
The hard-fought deal to avoid a default crisis pleased few, but lawmakers assessed it was better than the alternative—a major economic upheaval if Congress failed to act.
Fed likely to skip interest-rate hike in June, officials signal
Leading Federal Reserve officials are sending out stronger signals that they will forego an increase at the central bank’s next meeting, though they indicate hikes could resume later this year.
Mike Pence to launch campaign for president in Iowa next week
The former Indiana governor’s campaign is expected to lean heavily on town halls and retail stops aimed at showcasing his personality as he tries to emerge from former President Donald Trump’s shadow.
Keystone holds groundbreaking ceremony for $1B Eleven Park development
The project is set to occupy the 20-acre Diamond Chain manufacturing site along Kentucky Avenue, just blocks from Lucas Oil Stadium, with some portions—including the stadium—set to be completed by summer 2025.
Eli Lilly settles class-action insulin lawsuit for $13.5M
Under the agreement, Lilly has agreed to continue its cap on out-of-pocket costs for its users at $35 a month for four years.
Chreece unveils artist lineup for Fountain Square hip-hop festival
More than 80 performances are planned at eight venues when the sixth edition of Chreece is presented in August.
CEO pay hikes at S&P 500 companies slowed in 2022
Pay disparity between chief executives and rank-and-file workers, which has been widening for years, narrowed only slightly.
