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Motorcycle racing returning to Indianapolis Motor Speedway after a five-year absence
The last time motorcycles competed at IMS was in August 2015, when the Red Bull Indianapolis Grand Prix ended an eight-year run at the track’s road course.
Chatham Tap taking over former Scotty’s site on Butler campus
It will be a third location for Chatham Tap, which opened its first site in 2007 at 719 Massachusetts Ave. in Indianapolis. A second location opened in 2010, at 8211 E. 116th St. in Fishers.
Trump moves to roll back rules regulating wetlands authority
A legal tug of war has unfolded over a 2015 rule that gave the Environmental Protection Agency much broader authority over the nation’s waterways. Critics say the Obama rule gave the federal government far too much power; supporters counter that it prevents the loss of vast swaths of wetlands.
Broad Ripple restaurant assets to be auctioned
The Corner’s owners hope to sell its equipment, furnishings and liquor license Oct. 1. Nearby, Sun King Brewery is about to open Offshore, a seafood and beer restaurant, in the former Thr3e Wise Men space.
Trump agrees to 2-week delay in China tariff increase
President Donald Trump said the two-week delay in a planned increase in tariffs on some Chinese imports is “a gesture of good will.”
History Channel drops out of planned Dillinger documentary
The History Channel has dropped out of a planned documentary on 1930s gangster John Dillinger that would have featured the proposed exhumation of his grave in Indianapolis.
California college athlete ‘fair pay’ bill goes to governor
Athletes at California colleges could hire agents and sign endorsement deals under a bill the state Legislature sent to the governor Wednesday, setting up a potential confrontation with the Indianapolis-based NCAA that could jeopardize the athletic futures of powerhouse programs like USC, UCLA and Stanford.
Elanco’s $7.6 billion purchase puts longtime executive to the test
Jeff Simmons has been with Greenfield-based Elanco Animal Health for two decades and has run it for 11 years. But he’s never faced pressure like this. Elanco, which was founded in 1954, operated in relative anonymity for most of its existence, serving as a comparatively small division of the publicly traded drug giant Eli Lilly […]
Government to propose banning flavors used in e-cigarettes
President Donald Trump said Wednesday his administration will propose banning thousands of flavors used in e-cigarettes to combat a recent surge in underage vaping.
UPDATE: Tentative opioids settlement falls short of nationwide deal
A tentative settlement announced Wednesday over the role Purdue Pharma played in the nation’s opioid addiction crisis falls short of the far-reaching national settlement the OxyContin maker had been seeking for months, with litigation sure to continue.
China to remove tariffs on some U.S. products, but not corn, soybeans
China extended an olive twig, rather than a branch, to the United States in their trade war Wednesday, announcing it would exempt 16 American-made products from tariffs as a sign of goodwill ahead of talks scheduled for next month.
Amazon probed by U.S. antitrust officials over marketplace
A team of Federal Trade Commission investigators has begun interviewing small businesses that sell products on Amazon.com to determine whether the e-commerce giant is using its market power to hurt competition.
NCAA urges California governor not to sign ‘fair pay’ bill
The outcome is being closely watched as one of the biggest challenges in years to the Indianapolis-based NCAA’s longstanding and far-reaching model of amateur sports.
Call-center operator to open Midwest hub, hire 350 in Fishers
Sitel Group, one of the world’s largest call-center management companies, said it plans to spend $4 million to open a Midwest customer service hub in Fishers.
Henke requests 250-acre expansion of Chatham Hills
The Westfield residential development could grow to more than 1,000 acres by adding retail and office space to the mix and expanding its housing options.
IU invests $500,000 in Richard DiMarchi’s latest biotech startup
The new venture, called MBX Biosciences Inc., aims to develop therapeutics to treat rare endocrine disorders. The company has already raised $2.5 million in funding.
New 104-room hotel planned for Old Southside neighborhood
A local investment group plans to spend $9 million to $10 million to construct the four-story hotel at 324 Wilkins St. If approved, the development would bring a new, fast-growing midscale hotel brand to Indianapolis.
Indiana governor concludes trip to Japan, South Korea
Gov. Eric Holcomb spent Tuesday in Tokyo where his meetings included time with executives from Subaru and Honda, both of which have major auto assembly plants in Indiana.
Apple unveils new devices, streaming services with lower-than-expected prices
Apple’s pricing was perhaps the most significant news of the day because it was a stark reminder of how the company is evolving from a high-end hardware-maker into a mass market digital services provider.