Survey: U.S. factories expand for first time since July
New orders, production and export orders all grew last month. Factory hiring dropped for the sixth straight month but at a slower pace than it did in December.
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Indianapolis-based Miller Pipeline sold as part of $850M deal
CenterPoint Energy Inc. has agreed to sell two subsidiaries, including Indianapolis-based Miller Pipeline, for $850 million to infrastructure services provider PowerTeam Services LLC, the companies announced Monday. Miller Pipeline employs more than 3,500 people.
IBJ Podcast: Colts legend Gary Brackett wants to turn his underdog story into a movie
Gary Brackett talks with podcast host Mason King about the challenges of making a movie, why he thinks he has a good story to tell and why he’s not just funding the movie’s $2.2 million to $2.5 million budget.
Billionaire Bloomberg proposes tax plan aimed at wealthy
Billionaire Democratic presidential candidate Mike Bloomberg is unveiling a tax plan that would target the richest Americans—increasing rates on capital gains and corporate gains as well as introducing a new 5% surtax on incomes above $5 million.
China readies cushion for virus shock when markets re-open
China’s central bank announced plans Sunday to inject 1.2 trillion yuan (about $173 billion) into the economy to cushion the shock to financial markets from the outbreak of the new virus when trading resumes Monday.
Carmel hotel project more than $20 million over original budget
City officials, on Friday night, said the total price tag for the city-backed Hotel Carmichael project has risen to $58.5 million due to rising construction and labor costs.
Judge orders mediation in fight between city, Ambrose over Waterside project
Marion Superior Court Judge Timothy Oakes said he does not believe the court system was the correct arena for the dispute, which he said is more of a business conflict than a legal matter.
Frustrated health consumers turn to apps, websites to find lowest drug prices
In recent years, a host of online websites and smartphone apps—such as GoodRx, Blink Health and Script Saver—have popped up to help people find the lowest price for prescription medicines. By using them, consumers can save thousands of dollars a year on their prescriptions if they don’t mind shopping around and buying some of their drugs outside their insurance plans.
Samantha Julka: Potties, they’re no joke in the workplace
Beige walls and fluorescent lights might have been phased out of most workplaces, but they’re still standard for the bathrooms. And if you think about your bathroom at home, in restaurants or even the Murat, they’ve become part of the overall experience.
Memory Bank: Governor, first lady meet with Eleanor Roosevelt
Democrat Paul McNutt was governor from 1933 to 1937, after serving as dean of the Indiana University Law School and then state and national commander of the American Legion.
PETE THE PLANNER: Your portfolio might not be as diversified as you think
The goal of diversification isn’t just to spread your market risk across different companies, but to make sure the companies themselves are significantly different from one another, and even more important, complementary.
Cathy Ferree: Why the Indiana State Museum is tackling opioid crisis
Working with more than 50 community partners around the state, we’ve compiled trustworthy, relevant information about this crisis, providing an entryway into this topic that many are hesitant to discuss.
Christine Scales: Hill discipline recommendation raises race bias concerns
The Indiana Supreme Court Disciplinary Commission’s recommendation of a two-year law license suspension without automatic reinstatement for Attorney General Curtis Hill, who is black, stands in stark contrast to the professional disciplinary actions recently recommended and carried out against two white Clark Circuit judges involved in a downtown Indianapolis shooting with two other men after a night of drinking.
Letter: Solve surprise billing with fairness, common sense
I own a small construction company. In the past five years our health care costs have increased $1.43 per hour; a 30% increase since 2015. For 2020, we were hit with another 10% increase. A company simply cannot absorb those increases and remain competitive.
Ed Feigenbaum: Lobbying groups’ tactics test patience, boundaries
Perhaps it is no surprise that Bosma decided to step down as speaker soon, then resign his House seat yet this spring.
Editorial: Gambling regulators must be thorough in campaign finance investigation
The allegations in question—which involve a scheme to illegally funnel campaign contributions to an Indiana congressional campaign—are the type that should be especially concerning to a regulatory agency. If true, they demonstrate no respect for the law, government structure and regulation.
Indy Eleven considers smaller, expandable stadium as search for site continues
With its chances of joining Major League Soccer in question, Indy Eleven is considering significantly cutting the number of seats with which its new stadium would debut.
Former Colt Gary Brackett raising money for a movie about his life
The Indianapolis restaurateur, who owns the Stacked Pickle chain, has been working since 2017 to bring his story to the big screen; this month, he launched a crowdfunding campaign to help raise part of the cost.
New public media company draws on savvy of hedge fund manager
Industry veteran Jeff Smulyan is pairing with a low-profile New York hedge fund manager once described as “the most important, least known man in TV.”