U.S. solar companies weigh challenge to Biden’s pause on tariffs
Some domestic producers say President Biden’s actions would help China’s state-subsidized solar companies at the expense of U.S. manufacturers.
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Treasury Secretary Yellen expects inflation to ‘remain high’
The Federal Reserve and Treasury Department have been increasingly blamed by legislators and the public for allowing inflation to reach record highs—notably an 8.3% leap in consumer prices over the past year.
Feds: Goodyear knew of defective RV tires as early as 2002
Goodyear wouldn’t recall the tires even as late as March of this year, despite investigators finding that their failure caused crashes that killed eight people and injured 69 others from 1998 through 2009.
FTC plans inquiry into pharmacy benefit manager practices
The consumer protection agency said Tuesday that that it will order the nation’s largest PBMs to provide a range of information and records detailing how they do business.
Kountry Kitchen owners break ground for new restaurant at original site
In 2016, the Food Network selected Kountry Kitchen—which was destroyed by fire in 2020—as one of the best soul food restaurants in the United States.
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.
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.”
