Worry about stagflation, a flashback to 1970s, begins to grow
Stagflation is the bitterest of pills: High inflation mixes with a weak job market to cause a toxic brew that punishes consumers and befuddles economists.
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Moderna says updated COVID shot boosts omicron protection
COVID-19 vaccine makers are studying updated boosters that might be offered in the fall to better protect people against future coronavirus surges.
Former Muncie mayor leaves prison after bribery conviction
Dennis Tyler, Muncie’s mayor from 2012 through 2019, was released Thursday from the Federal Correctional Institution in Morgantown, West Virginia, with more than six months remaining on his one-year term.
Former Franklin College president sentenced to six years in prison
Thomas Minar, 58, pleaded no contest in March to one count of child enticement and three counts of possession of child pornography.
Accounting-tech firm Decimal lands $9.2M investment
Decimal’s software platform helps customers automate and outsource accounting tasks like bookkeeping and payroll. The company has added 30 employees since February.
Protected: People on the Move – Submissions
There is no excerpt because this is a protected post.
New artists added to lineups of All IN Festival, Indiana State Fair
Another national headliner and seven Indiana artists have joined the All IN Festival roster, while the Indiana State Fair has added Trace Adkins and other acts to the free-concert lineup.
UPDATE: Simone Biles, others seek $1B-plus from FBI over Nassar
There’s no dispute that FBI agents in 2015 knew that sports doctor Larry Nassar was accused of molesting gymnasts, but they failed to act, leaving him free to continue to target young women and girls for more than a year.
20 in Their Twenties
Please check back for 2023 event details. Registration opens soon.See below for 2022 information. IBJ’s 20 in their Twenties honors emerging leaders who are making an impact on their communities at the very start of their careers. These 20-somethings are entrepreneurs, engineers, volunteers and social justice advocates—and people who will continue to contribute in the […]
Indianapolis-based tech firm Encamp lands $30M investment
Encamp’s software helps its customers fulfill environmental reporting and compliance issues. The company has attracted $47.2 million in investment since its launch in 2017.
U.S. watchdog warns unemployment benefits are at ‘high risk’ of fraud, abuse
The Government Accountability Office’s findings underscore the immense task facing Washington as it attempts to keep watch over the roughly $5 trillion in emergency aid it approved since the start of the pandemic.
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.
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.