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China promises no forced tech transfers, access to finance

October 29, 2019 | Associated Press

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

October 29, 2019 | Associated Press

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

October 29, 2019 | Associated Press

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

October 29, 2019 | Mickey Shuey

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.

focus-warehouse-allpoints-at-anson20-450bp.jpg

Cummins lowers full-year expectations after missing quarterly forecasts

October 29, 2019 | IBJ Staff

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

October 29, 2019 | Associated Press

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

October 29, 2019 | Associated Press

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

October 28, 2019 | Lindsey Erdody

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

October 28, 2019 | Samm Quinn

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. 

Abbott_rendering_Westfield_700px

Walgreens to close in-store clinics, add Jenny Craig sites

October 28, 2019 | Associated Press

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

October 28, 2019 | John Russell

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

October 28, 2019 | Anthony Schoettle

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

October 28, 2019 | Associated Press

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

October 28, 2019 | John Russell

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.

CountryMark CEO Smith retiring after 17 years at helm

October 28, 2019 | IBJ Staff

CountryMark ranked as the state’s ninth largest company in 2018, with $1.2 billion in revenue. The firm has more than 500 employees, including about 420 in Indiana.

Louis Vuitton maker looks to buy U.S. jeweler Tiffany for $14.5B

October 28, 2019

Tiffany & Co., which has one store in Indianapolis, owns luxury labels ranging from Givenchy haute couture to Sephora cosmetics stores, Hublot watches, Bulgari jewelry and Dom Perignon Champagne.

IBJ Podcast: Have you seen this guy painting on the Circle? That’s no accident.

October 28, 2019

Local artist Justin Vining talks with podcast host Mason King about how he uses data and plein air painting to drive sales.

Indiana to consider creating government corruption hotline

October 28, 2019 | Associated Press

Indiana residents soon could have a hotline for reporting improper or illegal spending and other suspected corruption by local government officials, if lawmakers approve a proposal being drafted by a legislative committee.

Kentucky using billboards to lure Illinois companies

October 27, 2019 | Associated Press

One sign will target Illinois’ regulations for being “insane” and one uses the first three letters in the word “Illinois” to claim that the state’s tax system is “ill.”

Indiana to drop Pearson, return to ETS teacher licensing

October 26, 2019 | Associated Press

The move comes after Republican state Sen. Jean Leising, of Oldenburg, introduced legislation this year that required the state Board of Education to adopt a program that’s administered nationally.

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