Amazon plans $15B data center investment in northern Indiana
Amazon said the new investment will add 2.4 gigawatts of data center capacity in the region.
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Sinclair bids for rival TV broadcaster Scripps at $7 a share
The unsolicited bid from one of the largest U.S. TV broadcasters values Scripps at $538 million.
Indianapolis lab agrees to pay more than $9M in settlement over improper Medicare claims
The government says the lab billed Medicare for tests that were unnecessary or tied to improper referral arrangements.
Biglari Holdings’ lawsuit says it was deceived during purchase of Texas oil company
Biglari, owner of the Indianapolis-based Steak n Shake restaurant chain, alleges that the CEO fraudulently misrepresented Abraxas’ valued assets during negotiations to acquire the company.
Stephen Cox to leave top spot at Indiana Broadband Office
Cox, who has overseen the Indiana Broadband Office’s growth from two employees to 16 over the last two years, is departing this week.
Struggling Kohl’s names 4th CEO in as many years in attempt to staunch sales slide
Kohl’s has more than 40 stores in Indiana, including 14 in the Indianapolis area.
Encompass Health to build rehabilitation hospital in Fishers
The facility will be the third in Indiana for Encompass Health Corp., the nation’s largest owner and operator of inpatient rehabilitation hospitals.
Amazon data center tally tops 900 amid AI frenzy, documents show
Amazon’s cloud unit produced $33 billion in revenue in the third quarter and remains the company’s most-profitable division.
FAA preparing for busiest Thanksgiving in 15 years
In addition, AAA projects 1.3 million more travelers will be on the roads than last year, pushing the total number of people traveling by car to at least 73 million.
IBJ Podcast: You’re a skeptical, penny-pinching CEO. What are your first steps for adopting AI?
Company executives might believe they face high barriers—including cost, employee resistance and lack of technical expertise. But an expert on executive education says solutions are within almost anyone’s grasp.
Are millennials frozen out of housing market? Reality may be more interesting.
A recent survey showing that the average first-time home buyer is now 40 years old isn’t standing up to scrutiny.
IPO market’s red-hot year has been cooled by the shutdown and more caution among investors
The S&P 500 is still up more than 12% for the year and the tech-heavy Nasdaq is up more than 15%.
Roblox bid for ad riches collides with wary sponsors, developers
Multiple obstacles stand in the way of Roblox becoming the internet’s next ad juggernaut.
As threats escalate against Indiana lawmakers, Braun says his family also targeted
| Niki Kelly, Indiana Capital Chronicle and Casey Smith, Indiana Capital Chronicle and Leslie Bonilla Muñiz, Indiana Capital Chronicle
Indiana Gov. Mike Braun said Indiana State Police and other law enforcement agencies have been working “around the clock all week” to protect lawmakers and investigate the string of incidents.
Governor says Indiana can ‘get this right’ on energy policy
Speaking at the IBJ’s Future of Energy Summit, Braun kicked off discussion of how lawmakers, utility companies and businesses can work together to usher Indiana through a unique time when energy demand is skyrocketing and affordability concerns are at the forefront of Hoosier minds.
Q&A: Indianapolis franchisee for Portland-based women’s sports-only bar is ready to go
IBJ spoke to Eve Keller about her life and love of women’s sports and spaces. Read on for a transcript of that conversation, edited for length and clarity.
Dennis Bland keeps Center for Leadership Development—and the kids it serves—moving forward
For that devotion, and for a lifetime spent quietly strengthening the city around him, IBJ has named Bland the 32nd recipient of the Michael A. Carroll Award.
Uncertainty lingers for Jack’s Donuts franchisees
News of the corporate bankruptcy has led to questions for franchisees from their worried customers and employees over the past few weeks.