Oil producers’ cuts could boost gasoline prices, help Russia
Less oil flowing to refineries should mean higher gasoline prices for drivers and could boost the inflation hitting the United States and Europe.
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GOP plan to boost Indiana pre-grad training facing pushback
House Bill 1002, a priority bill for the House GOP caucus and the leading high school reform measure moving through the legislature, seeks to expand work-based learning in Indiana high schools, like apprenticeships and internships.
UFC parent, WWE combine to form $21.4B sports entertainment company
The deal between the company that runs Ultimate Fighting Championship and WWE catapults WWE into a new era, after functioning as a family-run business for decades.
IBJ Podcast: Indiana’s Jiffy Lube guru on art, entrepreneurism, police relations and March Madness laundry
Steve Sanner is owner and president of Jiffy Lube of Indiana, which counts 51 locations and about 510 employees altogether.
WISH-TV owner loses discrimination suits against AT&T, DirecTV, Dish
Federal Judge Tanya Walton Pratt on Friday dismissed Circle City Broadcasting’s claims in two separate lawsuits.
War of the states: EV, chip makers lavished with subsidies
Good Jobs First, a not-for-profit that tracks and is critical of corporate subsidies, said 2022 set a record for the number of billion-dollar-plus incentive deals.
Saudis, other oil giants announce surprise production cuts
The cuts total up to 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.
Companies targeting big spenders with premium products
Companies from toothpaste makers to Chipolte are adding more premium items as they reach out to wealthier shoppers who are still spending freely even in the face of higher inflation.
Holcomb declares disasters in Johnson, Sullivan counties after storms
The National Weather Service said at least seven tornadoes struck Indiana, with two in Johnson County and one in Sullivan County. Four other tornados were confirmed in Howard and Clinton counties.
Mark Montieth: Knight’s first Final Four team at IU set the stage for future success
Fifty years ago, Indiana University reached the Final Four of the NCAA Basketball Tournament with the first and unlikeliest of Bob Knight’s five Final Four teams.
Charlotte Westerhaus-Renfrow: How to balance risks, rewards of transparency
Transparency in the workplace can be a double-edge sword that cuts both ways.
Made in Indiana: Faucets by Delta Faucet Co.
In 2018, the company debuted voice activated faucets that pair Amazon-, Alexa- and Google Assistant-enabled devices with Delta technology to create smart kitchen faucets.
Bank failure shows fragility of industry’s confidence game
What was true for the Bailey Bros. Building & Loan in “It’s a Wonderful Life” still rings true for J.P. Morgan today: If too many depositors demand their money back at the same time (a bank “run”), you can’t pay them all, and the bank fails.
Pilot project to boost Marion County’s low recycling rate getting mixed reviews
In 2020, the city diverted only about 15% of all residential, commercial, industrial and construction waste from landfills, through a combination of recycling and composting. That was far below the U.S. rate of around 35%.
Bill pits animal welfare activists against breeders and pet stores
The high-stakes battle pits the Humane Society of the United States and its efforts to protect animals against some national pet store chains, which say they simply want to be able to continue to sell puppies from USDA-licensed breeders.
Fishers-based biotech startup aims to grow from the gut
BiomEdit LLC was set up last year by Greenfield-based Elanco Animal Health and Boston-based Ginkgo Bioworks to make everything from food to therapeutics for animals. It’s already raised $36.5 million in venture capital for its work.
Making a splash: Fishers prepares to open Geist Waterfront Park
The 70-acre park along Geist Reservoir will debut April 22—about a month later than initially planned—after three years of construction. Access to the much-anticipated beach will begin May 27, with the season ending Sept. 4.
Three Westfield candidates state their cases to be city’s second mayor
Republicans Kristen Burkman, Jake Gilbert and Scott Willis will compete in the May 2 primary election. No Democrats have filed to run for mayor.
Editorial: Fishers’ Geist park answers call to create talent-luring features
Even the initial opening of the park is a giant step forward in offering more water recreation for the public, the kind of “blue space” that many social scientists believe helps relieve stress, promote social interaction and encourage physical activity.
Lesley Weidenbener: Lopresti, Shella set for Journalism Hall of Fame
Two of my IBJ colleagues (or in one case, a former colleague) are headed to the Indiana Journalism Hall of Fame. Congratulations to Mike Lopresti and Jim Shella.