Doctors, store owners say they approve of Indiana cannabis oil law
Doctors said CBD has therapeutic benefits with little to no THC, the compound causing the high usually associated with marijuana use.
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U.S. stocks end skid, have best best day since 2015
U.S. stocks surged back from the biggest weekly rout in two years, with major benchmarks climbing more than 2.7 percent Monday on signs that an escalation of trade tensions was beginning to ease.
State’s life sciences sector shed 500 jobs in 2017, even as economic impact soared
The industry’s payroll and average wages dipped last year, according the latest report from Indiana University and BioCrossroads.
Hamilton nearing Allen as Indiana’s third most-populous county
State population estimates prepared by the Indiana Business Research Center show Hamilton County has grown by 17 percent since 2010.
Finish Line’s merger with British suitor could pose challenge to Foot Locker
Combining Indianapolis-based Finish Line Inc. and JD Sports Fashion from across the pond could create a firm within striding distance of the sports apparel industry’s heavyweight, according to an analyst.
Jeffboat to close Ohio River shipyard next month
Barge and towboat manufacturer Jeffboat will be ending ship-building operations at the site that stretch back more than 180 years.
Two manufacturers plan new plants in Whitestown, nearly 200 jobs
A food-packaging maker and one of the world’s largest bearing manufacturers have plans to spend more than $22 million and lease more than 400,000 square feet of space in Boone County if tax incentives are approved.
United Kingdom retailer buying Finish Line for $558M
The purchaser is not Sports Direct International, a United Kingdom-based firm that began buying up Finish Line shares last year, but rather its top rival, JD Sports.
Indianapolis receives World Trade Center designation
The World Trade Centers Association announced the decision Monday morning after an application and approval process that lasted more than a year.
Carmel thumbs nose at Indiana’s new short-term rentals law
Indiana is the fourth state, following Florida, Idaho and Arizona, to approve statewide standards for short-term rentals.
FedEx kills plans for $259M distribution hub in Greenwood
The company cited automation and changes in its operational needs for the decision not to build the facility, which was to employ 450 workers.
IU Kelley School opens $14M career center for students, recruiters
The new Conrad Prebys Career Services Center includes about 70 interview rooms and is expected to serve more than 8,000 undergraduate and graduate students.
Stocks tumble again in biggest weekly decline since 2016
Concern is rising that that a trade war and higher borrowing rates could throttle global growth.
Sources say Kroger-Target merger report not accurate
Shares of Target Corp. and Kroger Co. jumped Friday morning after a business newsletter reported that the two retailers were in talks to merge. But several other media outlets said there was no truth to the report.
U.S. charges nine Iranians in massive hacking scheme
The Trump administration announced criminal charges against Iranians accused in a government-sponsored hacking scheme to pilfer sensitive information from hundreds of universities, private companies and American government agencies. Indiana was among the targets.
Hogsett proposes ‘cap and trade’ system allowing electronic billboards
Under the proposal, sign owners could convert existing billboards to electronic ones, as long as twice that amount of signage space is removed from the city’s urban core.
Local tax business accused of filing fraudulent returns in federal suit
The U.S. Department of Justice is accusing a tax preparation business with two locations in Indianapolis of reporting false information on federal income tax returns. It is seeking to shut down the business.
Macy’s to open new outlet concept at local shopping center
The retailer is bringing its Macy’s Backstage concept to the Indianapolis area, with an opening set for April 14. The concept has been credited with revitalizing sales at dozens of Macy’s locations.
Indiana’s unemployment rate eases down to 3.2 percent
Private sector employment grew by 5,200 over the month and is up 28,200 over the past year, the state said.
U.S. durable goods orders rise at fastest pace since June
Led by a surge in demand for commercial aircraft, U.S. orders for long-lasting manufactured goods rebounded in February.