Amazon cuts 9,000 more jobs, bringing 2023 total to 27,000
The job cuts would mark the second largest round of layoffs in the company’s history, adding to the 18,000 employees the tech giant said it would lay off in January.
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Lawmakers say Indiana bill to monitor early coal plant closures would ensure reliability
Supporters maintain the bill will keep Indiana from relying too heavily on natural gas. Some energy advocates are more hesitant, however, expressing concern that the measure could slow the state’s transition to cleaner energy sources.
Indiana pension system contracts with conservative anti-ESG firm
The contract with anti-ESG firm Strive Advisory, LLC and its co-founder Vivek Ram is capped at $150,000 — with conservative Republican presidential candidate Ramaswamy set to earn $4,000 per hour for ad hoc work.
Indiana pension fund ‘monitoring’ Silicon Valley Bank developments
The Indiana pension system is keeping a close eye on its investment in a debt fund managed SVB Capital, a venture capital firm that is a subsidiary of Silicon Valley Bank’s parent company but separate from the bank itself.
IBJ Podcast: Are apartments the future of downtown Indianapolis?
Joining the podcast this week are apartment market specialist George Tikijian, real estate developer Eric Gershman and Deputy Mayor Scarlett Andrews.
Kroger again planning grocery relocation at busy Fishers intersection, study says
Kroger plans to move from its store at 7272 Fishers Crossing Dr. across Allisonville Road to the site of a former Marsh Supermarkets store, according to a consultant’s study commissioned by city officials.
New York Community Bank to buy failed Signature Bank
The 40 branches of Signature Bank will become Flagstar Bank, starting Monday. Flagstar is one of New York Community Bank’s subsidiaries. The deal will include the purchase of $38.4 billion in Signature Bank’s assets.
Miami storms past IU into Sweet 16
Indiana University Coach Mike Woodson gave all the credit to Miami, which held a 42-26 rebounding advantage.
Indiana women open NCAA tourney with rout of Tennessee Tech
Sydney Parrish scored 19 points and had eight rebounds to lead the top-seeded Indiana Hoosiers.
Jackson-Davis leads Indiana past Kent State in March Madness
The fourth-seeded Hoosiers (23-11) advanced to play fifth-seeded Miami on Sunday for a trip to Kansas City for the Midwest Region semifinals.
Purdue, Painter lament another early March Madness exit
For the third straight year, the Boilermakers were bounced by a double-digit seed, losing Friday night to No. 16 seed Fairleigh Dickinson.
Neil Patrick Harris joins roster of speakers at NFT-ticketed VeeCon
The “How I Met Your Mother” star, music producer Timbaland and “Bar Rescue” host Jon Taffer are among the newly announced participants for the technology-focused summit.
RR Donnelley closing Plainfield plant, terminating 79 employees
Citing “changing market conditions,” the company said in a letter to the Indiana Department of Workforce Development dated Wednesday that the closure would be permanent.
After Ohio derailment, Indy officials consider impact of potential downtown toxic spill
In downtown Indianapolis, where train lines hug the eastern and southern boundaries of the city’s Mile Square, a hazardous spill evacuation could affect more than 100,000 people—including office workers, residents, business owners and visitors, depending on the time of day.
Indiana 250: William Barrett
William Barrett leads the Litigation Group and is head of the Government Services and Banking Services groups for Williams Barrett & Wilkowski in Greenwood.
Downtown, Fort Ben are fastest-growing areas for renters
The number of people renting in downtown’s 46204 ZIP code doubled to 5,500 from 2011 to 2020, according to a recent study from California-based market researcher RentCafe.
Kristen Cooper: Women-owned and women-led companies aren’t the same
A “women-led” company might have several women in charge making important strategic decisions on a daily basis; however, those female leaders don’t have enough equity in the company to control a board/investor-level vote.
Made in Indiana: Tomato products by Red Gold Inc.
History: In 1942, Grover C. Hutcherson and his daughter, Fran, decided to support the war effort by canning tomatoes for troops at home and abroad. They purchased and rebuilt an abandoned cannery building in Orestes that had been destroyed three times by fires and a tornado. With Orestes Canning off and running, the father and […]
Indiana 250: Gail Boudreaux
Gail Boudreaux is president and CEO of Elevance Health. Before joining Elevance (formerly known as Anthem Inc.), she spent six years as CEO of United Healthcare. She was named one of Fortune Magazine’s Most Powerful Women in Business and was featured by Forbes as one of the 100 Most Powerful Women in the World. Additionally, […]
Indy saw uptick in economic growth for marginalized groups
The 2023 Metro Monitor report from the Brookings Institute showed that in terms of inclusive economic growth Indiana rose from 101st out of 192 metro areas in 2019 to 24th in 2021.