Company specializing in steel wheels plans Indiana facility
Officials announced Friday that Indiana Wheel Corp. plans to spend nearly $23 million to purchase, renovate and equip the facility, where it will hire up to 117 workers.
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U.S. employers add just 75,000 jobs; unemployment rate stays 3.6%
The tepid job growth, along with rising pressures on the economy, makes it more likely that the Federal Reserve will cut rates in the coming months.
Barnes & Noble going private in $476M sale to hedge fund
Barnes & Noble, which still has 627 stores in the United States, including five in the Indianapolis area, is being acquired by Elliott Management for $6.50 per share.
Boom in electric scooters leads to more injuries, fatalities
As stand-up electric scooters have rolled into more than 100 cities worldwide, many of the people riding them are ending up in the emergency room with serious injuries. Others have been killed.
U.S., Mexico conduct more talks, but no deal yet to avert tariffs
The Department of Homeland Security announced Wednesday that U.S. Border Patrol apprehensions of migrants illegally crossing the border hit the highest level in more than a decade in May: 132,887 apprehensions.
IU upgrades research power with nation’s fastest university-owned supercomputer
The school announced Friday it has purchased a new supercomputer—dubbed Big Red 200—for $9.6 million to support advanced research in artificial intelligence, machine learning, data analytics and scientific and medical research.
Lawmaker: Recording of abuse at Indiana farm politically driven
State Sen. Travis Holdman questioned the motivations of a group that says it is concerned about animals but didn’t attempt to halt the abuse at Fair Oaks Farm.
Development plan for Pan Am Plaza hotels could be split into phases
While the city and Kite Realty Group discuss a slower development timetable for the massive hospitality project, White Lodging said it is holding off on plans for another downtown hotel “until we figure out what’s going on at Pan Am Plaza.”
Council panel OKs spending $8M on road projects, cleanup of city park
The Indianapolis City-County Council’s public works committee on Thursday unanimously approved a plan to spend about $8 million in returned local option income tax dollars.
Startup accelerator seeks locations to expand statewide
Wisconsin-based Gener8tor, which seeks to helps fledgling companies boost revenue and grow jobs, said it’s one-year pilot program in Indianapolis was so successful that it wants to spread its services to additional Hoosier communities.
Preservation group to include sites of LGBTQ significance in historic area plans
The Indianapolis Historic Preservation Commission said it would be the first local preservation group in the country to include LGBTQ history in all historic area plans.
Developer buying homes in Fishers neighborhood for new project
A Carmel-based developer has reached agreements to acquire 14 homes in a neighborhood along busy 116th Street in Fishers and is planning to redevelop the land.
Merritt won’t walk in Indy Pride Parade, pledges LGBTQ protections if elected
Indianapolis Republican Mayoral candidate Jim Merritt on Thursday said he regretted his Senate vote for the Religious Freedom Restoration Act in 2015 and pledged to support the LGBTQ community if elected mayor.
Engineering firm HNTB to open Noblesville office, boost local workforce
Engineering and design firm HNTB Corp. says it plans to add about 100 employees in the Indianapolis area over the next several years, and it needs the new office to accommodate some of it growth.
BOHANON & CUROTT: Indiana will be big loser in Trump’s war with Mexico
If President Trump’s new round of tariffs–this time aganst Mexico–is implemented, it will raise costs for producers, lower returns for investors, raise prices for consumers, and destroy jobs.
Food regulators pushing for clarity on expiration dates
By clarifying terms such as “Sell by” and “Use by,” U.S. regulators are trying to prevent people from prematurely tossing products and to reduce the mountains of food that goes to waste each year.
Poll: Some younger workers not happy with graying workforce
A recent poll by The Associated Press-NORC Center for Public Affairs Research found that workers under the age of 50 were significantly more likely to view America's aging workforce as a negative development.
MIKE LOPRESTI: Ten sports legends made in Indianapolis
They’re not from the city, but the time they spent here made them household names.
Tax credit change poised to boost supply of venture capital from out of state
Indiana startups might soon have an easier time attracting out-of-state investments thanks to a change lawmakers made this year to an instrumental tax incentive program.