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Microsoft sending Internet Explorer to retirement after 27 years

June 14, 2022 | Associated Press

As of Wednesday, Microsoft will no longer support the once-dominant browser that legions of web surfers loved to hate—and a few still claim to adore.

Electric vehicle business with big plans for Indiana to file for bankruptcy

June 14, 2022 | Wes Mills, Inside INdiana Business

Electric vehicle startup Electric Last Mile Solutions Inc. planned to use a 650,000-square-foot plant that was formerly used to make Hummers to manufacture “last mile” battery-powered, urban delivery vans.

Committee chief: U.S. failed to stop fraud in COVID-19 loan program

June 14, 2022 | Associated Press

The SBA’s Office of the Inspector General has estimated that at least $80 billion distributed from the $400 billion Economic Injury Disaster Loan program could have been fraudulent, much of it in scams using stolen identities.

U.S. producer prices soar 10.8% as energy costs spike

June 14, 2022 | Associated Press

The producer price data captures inflation at an earlier stage of production and can sometimes signal where consumer prices are headed. It also feeds into the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures price index.

Fitness chain opening gigantic gym in former Marsh supermarket

June 14, 2022 | Mickey Shuey

The Villages at Eagle Creek location was one of 18 stores closed by Marsh Supermarkets in mid-2017 as part of the company’s bankruptcy plan after the properties failed to sell at auction.

Tampon manufacturers say they’re working to address reported shortages

June 14, 2022 | The Washington Post and Bloomberg News

On Monday, U.S. Senator Maggie Hassan sent a letter to Procter & Gamble, Edgewell Personal Care, Johnson & Johnson and Kimberly-Clark asking what they plan to do to address reports of diminished supply and price gouging by third-party sellers.

Children’s Museum pledges changes after watermelon salad incident

June 14, 2022 | IBJ Staff

The Children’s Museum of Indianapolis announced Tuesday that it plans to “employ a more robust review process” with its vendors to avoid another embarrassing public relations gaffe like it experienced earlier this month.

Childrens Museum 2col

Family sues state over unpaid $2.75M DCS settlement

June 14, 2022 | Marilyn Odendahl / The Indiana Lawyer

A couple who had reached a $2.75 million settlement after an Indiana Department of Child Services family case manager was found to have made false allegations of abuse and neglect is now suing the state for not approving the settlement agreement.

As inflation rises, Indiana casino revenue shrinks for second month

June 14, 2022 | Associated Press

This spring’s decline in casino earnings largely tracks with the nation’s soaring inflation rate and the end of various federal COVID-19 relief and economic stimulus programs aimed at shoring up the post-pandemic economy.

Explainer: What it means for S&P 500 to be in bear market

June 13, 2022 | Associated Press

Wall Street is back in the claws of a bear market as worries about inflation and higher interest rates overwhelm investors.

UPDATE: Emmis reaches deal to sell Indy radio stations but will keep Circle HQ

June 13, 2022 | IBJ Staff

Indianapolis-based Emmis Communications Corp. announced Monday an agreement to sell the radio stations in its home market, including longstanding local stalwart WIBC 93.1 FM, to Urban One.

Lilly whistleblower sues drugmaker, alleging retaliation

June 13, 2022 | John Russell

A top human resources officer at Eli Lilly and Co.’s factory in New Jersey claims the drugmaker fired her in retaliation for investigating employee complaints about drug manufacturing problems and for refusing to drop the matter.

Hot inflation dims likelihood Fed can achieve ‘soft landing’

June 13, 2022 | Associated Press

The prospect that the Fed will accelerate its credit tightening, further raising borrowing costs for households and businesses, drove the stock market sharply lower Monday. The broad S&P 500 index fell into bear-market territory.

Bitcoin plunges as major crypto lender halts operations

June 13, 2022 | Associated Press

Crypto lender Celsius halted all withdrawals, citing “extreme market conditions.” It is the second collapse of a part of the crypto world in the last two months.

Automakers ask Congress to lift electric vehicle tax cap

June 13, 2022 | Associated Press

In a letter to leaders of the Senate and House of Representatives on Monday, the chief executives of Ford, Toyota, GM and Stellantis asked that tax credits be extended to anyone who seeks to buy a qualified vehicle.

COVID making flu, other common viruses act in unfamiliar ways

June 13, 2022 | The Washington Post

In hospitals across the country, physicians are adjusting protocols that for decades reflected a predictable cycle of illnesses that would come and go when schools closed or the weather changed.

Blockbuster Duke sale to include 14.7M square feet in Indy area

June 13, 2022 | Mickey Shuey

Duke Realty Corp. has developed or co-developed major industrial buildings and complexes at the crossroads of America, which has become a significant national hub for warehousing, logistics and e-commerce operations.

Duke put major stamp on Indianapolis real estate market

June 13, 2022 | IBJ Staff

Duke and its predecessor companies were behind or involved in many of the biggest office, retail and industrial projects in the city’s history and left a mammoth mark on the city’s form and workplace function.  

Prologis buying Indy-based Duke Realty in $26 billion deal

June 13, 2022 | Associated Press and IBJ Staff

Both companies’ boards have approved the deal, which is expected to close in the fourth quarter. It still needs approval from both companies’ shareholders.

IBJ Podcast: Is a funding slowdown hitting the local tech sector?

June 13, 2022

IBJ tech reporter Susan Orr talked with local tech firms and venture funders about the trends and tells host Mason King about their concerns and expectations.

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May 1-7, 2026

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Lesley Weidenbener
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