BOHANON & CUROTT: Trade-war cease fire would help economy—and Trump
Could President Trump’s decision to escalate trade tensions with China cost him re-election? If history is any guide, it probably will.
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Optimistic U.S. consumers boosted spending 0.6% in July
U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward.
Taft announces merger, expansion into Minnesota market
Once the combination is completed Jan. 1, Taft will grow to more than 600 lawyers spread across 12 offices located primarily in the Midwest.
E-cigarette maker Juul facing mounting scrutiny from state AGs
The company’s rapid rise to the top of the multi-billion-dollar U.S. e-cigarette market has been accompanied by accusations from parents, politicians and public health advocates that Juul fueled a vaping craze among high schoolers.
New York-based PepUp Tech, Salesforce partner to help minorities get into tech
PepUp Tech, a New York-based not-for-profit aimed at getting women, minorities and people from low-income areas into tech jobs, announced it is launching the Salesforce Marketing Cloud Bootcamp and Virtual Academy in Indianapolis. The first cohort of the program is starting this month and runs into November.
Apple opens door for more vendors to offer iPhone repairs
Under the new policy announced Thursday, Apple will begin selling its tools and parts to more independent phone-repair shops in the United States.
Miss the first mayoral debate? Watch it here
IBJ and Indy Chamber hosted a mayoral debate Thursday night between incumbent Mayor Joe Hogsett and his GOP challenger, Sen. Jim Merritt.
Opioid settlement would divide money based on local impact
The formulas would take into account several factors, including opioid distribution in a given jurisdiction, the number of people who misuse opioids and the number of overdose deaths.
Hogsett, Merritt lay out plans for infrastructure, poverty in first mayoral debate
The debate was the first of 2019 between Indianapolis Mayor Joe Hogsett, a Democrat, and Republican state Sen. Jim Merritt. The debate largely focused on infrastructure and regionalism, inequity and public safety.
Rules changes could come to NCAA if California bill passes
With the California assembly considering a potentially landmark measure that would allow athletes at state colleges and universities to profit from the use of their names, likenesses and images, an NCAA working group is trying to figure out how to respond.
Indy manufacturer with 137 local workers closing after 86 years in business
Mitchel & Scott Machine Co. told the state this week that it will be closing operations and terminating all employees on Oct. 25.
Banks fire up mortgage machines for expected refinancing boom
The mortgage industry has added almost 5,000 employees since March. It’s a stark reversal from a year ago, when the Federal Reserve was hiking interest rates and banks were cutting thousands of jobs.
Community Health sues insurer for refusing to cover $6M in damage at east-side hospital
The dispute centers on extensive cracking in the foundation at Community Hospital East, which just underwent a massive, $175 million upgrade with a new patient tower.
Macaroni-and-cheese restaurant franchisee eyes multiple local locations
Two local law enforcement officers with a development agreement for the Florida-based chain have narrowed their sights on locations for at least three restaurants on the north side.
U.S., China plan to have ‘a talk’ on trade, Trump says
President Donald Trump’s comments followed signs from China that it wouldn’t immediately retaliate against the latest U.S. tariff increase and wanted to focus on removing new tariffs, to prevent a further escalation of the trade war.
EPA proposes looser oversight of oil company emissions
The Environmental Protection Agency’s move would be the latest in a series by the administration easing Obama-era emissions controls on the oil, gas and coal industries, including for methane.
New coworking space to double as furniture showroom
The new concept will occupy the entire top floor of one of the Pyramids office buildings. Also this week: Black Acre, Taste of Havana, Chef JJ’s Backyard and Gauchos Brazilian Steakhouse.
GDP for 2nd quarter revised down slightly, but consumer spending rises
The biggest factor in the government’s downward revision for the April-June quarter was a smaller gain in spending by state and local governments and fewer export sales.
Memory Bank: 125 grand pianos at Butler Fieldhouse
At the time, it was considered the world’s largest piano recital—8,250 fingers on 825 pianists who played 125 grand pianos that were lined up inside Butler Fieldhouse (now known as Hinkle Fieldhouse) to open National Music Week in 1936.