U.S. finalizing rule to allow farmers to legally grow hemp
It’s a move that many states have awaited so they can begin widespread hemp production.
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Despite Supreme Court ruling, seized Land Rover not returned
An Indiana man who had his $40,000 Land Rover seized after a small-time drug deal isn’t getting it back yet, even though the U.S. Supreme Court sided with him for a key ruling on excessive criminal fines earlier this year.
Hinchcliffe to be replaced at new McLaren team, sources say
The late timing of the McLaren decision puts popular IndyCar driver James Hinchcliffe in a difficult position for finding a consistently competitive ride.
10 new schools seeking innovation partnerships with IPS
Potential partners include one of the city’s earliest charter networks, a campus with a mindfulness focus, and a school for teens who have struggled with drug and alcohol addiction.
Indiana regulators side with Duke Energy on rate-hike paperwork case
The ruling is a setback for consumer activists and customer groups, who say Duke Energy’s application to raise electricity rates by an average of 15% is incomplete and confusing.
Bub’s sister restaurant calling it quits after 12 years in business
Bub’s Cafe owner Matt Frey said the eatery will close Wednesday. He and his wife, Rachel, own the restaurant and the building that houses it.
China promises no forced tech transfers, access to finance
China on Tuesday promised more improvements in conditions for foreign companies including an end to officials pressing them to hand over technology—a key irritant in its tariff war with Washington, D.C.
More employers offering workers help paying off student loans
Americans collectively owe nearly $1.5 trillion in student loans—more than twice the total a decade ago. It’s a burden that weighs on millions of adults, shaping their life choices and often stunting their financial growth.
Beverage companies aim to get bottles recycled, not trashed
Every year, an estimated 100 billion plastic bottles are produced in the U.S., the bulk of which come from three of America’s biggest beverage companies. Only one-third of those bottles get recycled.
Local industrial sector ‘healthier than it’s ever been,’ expert says
The red-hot Indianapolis industrial real estate sector is nearing all-time records in vacancy, construction and absorption, newly-released market reports obtained by IBJ show.
Cummins lowers full-year expectations after missing quarterly forecasts
Indiana-based engine manufacturer Cummins Inc. fell short of revenue and profit predictions with its third quarter results.
Stocks set another record amid growing economic caution
The strongest market performers in recent months have been companies that pay big dividends and are more likely to hold up during downturns. Investors, meanwhile, remain hesitant to plow their money into stocks.
Automakers side with Trump in legal fight with California
General Motors, Fiat Chrysler, Toyota and many others in the auto industry are backing the Trump administration in a lawsuit over whether California has the right to set its own greenhouse gas emissions and fuel economy standards.
Merritt says city shouldn’t have threatened eminent domain for GM stamping plant site
Republican state Sen. Jim Merritt, Democratic incumbent Joe Hogsett and Libertarian Douglas McNaughton specifically addressed the eminent domain issue at Monday night’s Indianapolis mayoral debate.
Medical device manufacturer plans $37M Westfield facility, 477 jobs
Abbott Laboratories announced plans Monday night to build a 120,000-square-foot facility in the NorthPoint Industrial Park along U.S. 31 where it will manufacture a heart valve repair device.
Walgreens to close in-store clinics, add Jenny Craig sites
The company said Monday that it will close 150 Walgreens-run clinics by the end of the year, but it will keep open more than 200 that are run in partnership with health care providers.
Four more Hoosiers sue Juul for deceptive advertising in e-cigarettes
The latest lawsuit says the company targeted young people for its flavored e-cigarettes without warning that the products were highly addictive and dangerous.
Broad Ripple Gazette dropping print publication, continuing online
The 15-year-old tabloid’s editor, publisher and owner hopes that eliminating the time spent producing and delivering the paper will free up resources for producing more content on its website.
NCAA poised to move toward allowing athletes to make money
The Indianapolis-based NCAA is poised to take a significant step toward allowing college athletes to earn money off the fame they have gained by playing sports.
Roche Diagnostics hires Sause as new CEO of North America
Matthew Sause, 42, returns to Roche Diagnostics Corp., where he worked for 17 years before leaving briefly this year for a senior position at Gilead Sciences.