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New survey looks at pandemic’s impact on U.S. daily lives
During the first two years of the pandemic, the number of people working from home tripled, home values grew and the percentage of people who spent more than a third of their income on rent went up, according to survey results released Thursday by the U.S. Census Bureau.
‘The Whale’ and Louis Armstrong film highlight Heartland lineup
In October, the Heartland film festival will present movies starring Harry Styles, Olivia Colman, Frances McDormand and Brendan Fraser.
Florida-based developer proposes build-to-rent community in Carmel
The 32-acre build-to-rent project would be on the north side of the 400-acre Legacy mixed-use development, which is along the south side of East 146th Street and west of River Road.
Biden: Tentative railway labor deal reached, averting strike
President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy.
Expansions by 2 Indy law firms reflect legal industry’s focus on growth
September began with two law firms that have offices in Indianapolis announcing they were expanding into new markets, providing another indication of the legal industry’s increasing appetite and pressure to get bigger.
Charter school offering cash to families wants to open in Indiana
A similar model has already landed another Indiana virtual school in hot water with legislators, who passed a law earlier this year that expanded a previous ban on schools offering money as an incentive to enroll.
Major college football ADs urge reform, but not NCAA breakaway
The athletic directors who lead the schools that play Division I college football at the highest level want the sport to continue be governed by the Indianapolis-based NCAA—if that governance can be streamlined.
California sues Amazon, alleging antitrust law violations
Amazon controls roughly 38% of online sales in the U.S., more than Walmart, eBay, Apple, Best Buy and Target combined, according to the research firm Insider Intelligence.
From carmakers to refiners, industries brace for rail strike
Car buyers might not get the vehicle they want on time, commuter rail lines could see service disrupted, and shipments from everything from oil to livestock feed could be snarled.
Veleta appointed to Indiana Utility Regulatory Commission
David Veleta succeeds David Ober, who resigned as commissioner in June after being named vice president of taxation and public finance for the Indiana Chamber of Commerce.
New offices strengthen Barnes & Thornburg’s presence on East Coast
With the opening of two new offices on the East Coast, Indianapolis-based Barnes & Thornburg followed a plan put into place in 2009 to grow strategically by picking locations and lawyers that enhance the law firm’s reputation and expertise.
Point Biopharma shares sink after pricing new stock offering at discount
Indianapolis-based biotech firm Point Biopharma Global Inc. hopes to raise about $125 million in the offering, before underwriting expenses and deductions.
Biden officials visit Purdue as part of national push to bolster semiconductor production
Officials discussed their push to see Indiana ramp up its role at designing and manufacturing of semiconductor chips that are used to power the nation’s smartphones, cars, computers, medical equipment, military weapons and other technology.
Palou, Rosenqvist to remain with IndyCar teams next season
Driver Alex Palou will remain with Chip Ganassi Racing next season and Felix Rosenqvist will keep his seat with McLaren, the drivers announced Wednesday.
Jim Beam plans $400M expansion to ramp up bourbon production
The expansion will be used to produce two mainstays — Jim Beam white and black label bourbons — and will mostly support expected sales growth overseas.
U.S. wholesale inflation declined last month to still-high 8.7%
The cost of services—which are increasingly driving consumer inflation—rose 0.4% in August, driven by higher prices for public transportation, car rentals and some financial services.
Pet food maker begins construction on $260M plant in Rushville
The new facility will be Diamond Pet Foods’ first in Indiana and represents one of the largest private investments in Rushville’s history, according to the Rush County Economic Development Corp.
Italian manufacturer expands plan for Fishers by $367M, 265 workers
City officials said Stevanato Group wants to increase its total investment in its Fishers plant to $512 million and its hiring plan to 515 employees. The facility is under construction near 126th Street and Cumberland Road.
New 8,500-seat arena for Indy Fuel part of $650M Fishers District expansion plan
Fishers officials on Wednesday announced a $650 million expansion plan for Fishers District that includes the arena, a new event center, residential and lodging developments, and entertainment and dining options.
