FDA advisers back Novavax COVID-19 shots as new option
Novavax shots are already used in Australia, Canada, parts of Europe and dozens of other countries. But U.S. clearance is a key hurdle for the Maryland-based company.
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Henke Development planning 321-acre private lake community in Zionsville
Promontory of Zionsville would include 80 homes ranging in cost from $1.5 million to $4 million.
Indianapolis tech firm ShipSigma plans expansion, 125 new jobs
Founded in 2018 as Parcel Optimization Technologies LLC, ShipSigma said the new jobs will offer an average wage of nearly $42 per hour.
Cityscape Residential plans 263-unit apartment building in Carmel
The Steadman will sit on 12-1/2 acres of land northeast of Spring Mill Road and East 111th Street.
Facing huge inventory, Target cuts vendor orders, prices
Target is canceling orders from its suppliers, particularly in home and clothing, while slashing prices of goods in a bold move to clear out mounds of unwanted inventory ahead of the critical fall and holiday shopping seasons.
Fishers firm gets OK to move ahead with long-stalled project in Lockerbie
Integra Builders has held the one-acre lot at the southwest corner of North Park Avenue and East North Street since January 2020, when previous owner Litz & Eaton Investments LLC sold the site as part of a messy split between the firm’s principals.
Kohl’s stock surges on buyout talks with Franchise Group
Shares of Kohl’s rose as much as 12% Tuesday morning after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion.
Amid crypto turmoil, senators propose sweeping oversight
Wide-ranging bipartisan legislation unveiled Tuesday would regulate cryptocurrencies and other digital assets following a series of high-profile busts and failures.
City-County Council votes to nearly triple members’ pay
The Indianapolis City-County Council will get a pay hike for the first time in more than two decades, after it voted Monday night along party lines to increase compensation starting in 2024.
New York latest state to target Amazon’s use of productivity quotas
A report released in April by Strategic Organizing Center, a coalition of four labor unions, found Amazon employed 33% of all U.S. warehouse workers in 2021, but was responsible for 49% of all injuries in the industry.
Apple offers glimpse at upcoming changes to iPhone software
Apple on Monday provided a peek at upcoming tweaks to the software that powers more than 1 billion iPhones and rolled out two laptops that will be the first available with the next generation of a company-designed microprocessor.
Indiana getting new Homeland Security executive director
Indiana Department of Homeland Security Executive Director Stephen Cox is retiring from his public service role, the state announced Monday.
Newfields to raise general admission price to $20
In 2015, Newfields ended its free admission policy by instituting an $18 fee. On July 1, that price will increase to $20 per visitor.
Goodman Campbell computer network attacked by hackers
The computer network of Goodman Campbell Brain and Spine, a large, independent surgical group based in Carmel, has been hacked, compromising patient and employee data.
Children’s Museum apologizes for selling Juneteenth watermelon salad
In an apology posted to its website, the museum said that, although serving the watermelon salad was based on staff members’ family traditions, it acknowledges “the negative impact that stereotypes have on Black communities.”
HR-tech company UKG plans to add 200 to Indianapolis office
UKG, which offers an online platform for human-resources tasks like payroll and scheduling, expects to increase employment in Indianapolis to more than 500.
Biden waives solar panel tariffs, seeks to boost U.S. production
White House officials said President Biden’s actions aim to increase domestic production of solar panel parts, building installation materials, high-efficiency heat pumps and other components like cells used for clean-energy generated fuels.
Bidding war for Spirit Airlines heats up ahead of vote
JetBlue said Monday that it will now provide a $350 million reverse break-up payable to Spirit if a deal between the two isn’t completed for antitrust reasons.
Musk threatens to walk away from Twitter deal
Elon Musk is threatening to end his $44 billion agreement to buy Twitter, accusing the company of refusing to give him information about its spam bot accounts.
IBJ Podcast: Inside the risk-taking mindset of Maven Space’s co-founder, CEO
Leslie Bailey believed so much in her concept for a women-focused co-working and networking haven that she wasn’t interested in expending the energy to find investors—especially when women-led businesses historically get so little attention from funders.
