TWG expects summer start for 270-unit apartment project by Lucas Oil Stadium
The tight financing market slowed plans that first came to light in early 2024. Construction could take another two years.
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State’s ratepayer advocate accuses Duke of overcharging customers in appeal to regulators
The Indiana Utility Consumer Counselor says Duke Energy Indiana over-collected more than $89 million from its ratepayers and is set to over-collect another $86 million annually.
Struggling Pizza Hut restaurant chain to be sold for $2.7B
The pizza chain owned by Louisville-based Yum Brands Inc.has struggled with outdated stores and growing competition.
SpaceX buys AI coding startup Cursor for $60B in race for edge over Anthropic and OpenAI
Cursor helped spark a trend called “vibe coding” as AI coding assistants have become increasingly capable of doing the work of computer programming.
Commerce Secretary David Adams to step down, move into senior adviser role
Gov. Mike Braun said he plans to announce the state’s next commerce secretary later this week.
Fishers City Council OKs incentive agreements for $169M Fishers District expansion
The expansion includes a major corporate relocation by JD Finish Line and the development of a new fieldhouse and 166 apartments and 98 townhomes by Buckingham Properties.
Eyes turn to Fed chair Kevin Warsh and his first moves on interest rates
Economists say Warsh will likely aim for a neutral approach, largely because he is taking over the Federal Reserve at a challenging time.
UPDATE: Former IU quarterback won’t play for Texas Tech after unprecedented legal fight over his eligibility for gambling
Transfer quarterback Brendan Sorsby will not play for the Red Raiders this fall and will enter the NFL supplemental draft instead.
Federal customs agents seize 1,578 fake World Cup items in Indianapolis
As soccer fans from around the world visit the United States for the 2026 FIFA World Cup, U.S. Customs and Border Protection officers in Indy have already been on the prowl for sales of fake merchandise.
Mini-golf holes to represent Indiana at Great American State Fair
The five mini-golf holes were unveiled Monday at the Indiana State Museum. The holes are devoted to history and activities related to the state fair, agriculture, tourism, outdoor life and sports in the state.
Even with deal to reopen Strait of Hormuz, it could take weeks or months for oil to fully flow
All told, oil prices, inflation and energy flows simply won’t see an immediate return to what they were before the war — not for weeks or even months, experts say.
Stocks leap worldwide, oil prices drop after US and Iran reach tentative deal on war
Stocks got a lift after the price for a barrel of Brent crude oil fell 5.4%, to $82.61, back to where it was in early March.
Republican decision on secretary of state race could show reach of Jim Banks’ influence
Indiana Republicans will be doing more this coming weekend than deciding a turbulent race for their secretary of state nomination.
Indiana takes on powerful hospitals by capping prices they charge employers
Hospital leaders and other opponents of price controls argue that the strategy doesn’t address the root causes of high hospital prices, such as rising labor, drug, and technology costs, and that the caps will force hospitals to cut services.
Fox to buy streaming pioneer Roku in $22B deal
Fox and Roku said that the combined company will become the third-largest player in U.S. television by share of viewing.
Boone County passes moratorium on data center development
The one-year moratorium on data center development will affect unincorporated areas of Boone County.
IBJ Podcast: Indy-based tech exec on joining global firm, being remote-only leader
Darin Brown, a veteran of ExactTarget, Angie’s List and other high-profile local tech firms, left Zoom earlier this year to be chief product and technology officer of Testlio.
Tentative deal reached to end the Iran war; Trump orders stop to US naval blockade
The initial agreement would open the Strait of Hormuz, potentially allowing desperately needed oil and natural gas to reach the global market.
12 dead in crash of plane on skydiving outing
The private plane was operated by Skydive Kansas City, which is owned by Lafayette, Indiana-based private equity firm Little Engine Ventures. The firm also owns Skydive Indianapolis in Frankfort, Indiana.
Dennis Reinbold, Indy auto dealer and racing team owner, dies at 65
A lifelong resident of Indianapolis, Reinbold founded Dreyer & Reinbold Racing in 1999 and fielded a variety of drivers in the IndyCar series.
