Indiana jobless rate remains steady at 3.6%
Private sector employment in Indiana fell by 3,600 in April over the previous month, but is up more than 36,700 over the last year, the state said.
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Indy towing operator charged with defrauding car owners in massive scheme
A federal grand jury indicted Brian Fenner of Indianapolis, and a partner, Dennis Birkey of Wisconsin, in an alleged scheme to fraudulently take title to other people's cars and then sell them for their own profit.
Trump delays imposing tariffs on auto imports, parts
The White House said Friday that President Trump is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
Chicago developer to buy 57-acre Plainfield property near airport
The Indianapolis Airport Authority, which owns the property, agreed to sell the land for $6.67 million to a real estate developer that owns several other properties in the area.
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City files eminent domain suit to acquire, demolish Oaktree Apartments
The city of Indianapolis has called the 19-acre property southeast of the intersection of 42nd Street and Post Road a “threat to public health, safety and welfare.”
Central Indiana homebuilders see permit skid reach five months
Applications for single-family construction permits in the nine-county area are down 12 percent so far this year.
Former Apple retail chief Ahrendts, an Indiana native, joins Airbnb board
Hancock County native and Ball State University graduate Angela Ahrendts joins the home-sharing startup after a five-year stint overhauling Apple Inc.’s retail operations.
McLaren misses entire day of Indy 500 practice fixing car
McLaren had another miserable day preparing for the Indianapolis 500 as the team worked tirelessly in a failed effort to get Fernando Alonso on the track Thursday for Indianapolis 500 practice.
Gannett shareholders reject hedge fund’s board candidates
The vote, completed at Gannett’s annual meeting, amounted to a rejection—possibly the final one—of Alden’s attempt to acquire Gannett through a hostile takeover launched in January by its Media News Group unit.
World-renowned architect I.M. Pei dies at 102
I.M. Pei designed landmarks around the world, including beloved buildings in Bloomington and Columbus, and a towering structure that stood in Indianapolis from 1972 to 2006.
Indiana Chamber president says Trump is ‘gambling with other people’s money’ in trade war
Last week, President Donald Trump announced plans to increase tariffs from 10% to 25% on $200 billion worth of Chinese imports that include a wide variety of products like aluminum and steel, frozen fish and meat and wood.
DeliverEnd speeds app to market with IndyCar sponsorship
Nick Turner is used to moving in the fast lane. And now the 28-year-old Indianapolis native is ready to put the pedal to the metal this month at the Indianapolis Motor Speedway. The former IU football player and track runner this month is rolling out his company’s first app using a sponsorship with Harding Steinbrenner Racing to supercharge its marketing efforts.
BitLoft opens new Carmel office, grows staff
BitLoft, a local technology development firm, expanded its central Indiana footprint with an additional 7,200-square-foot location in Carmel. BitLoft recently added 10 employees and the company isn’t done growing.
Indianapolis Power & Light names Ohio utility exec as CEO
Vincent Parisi will become the fourth leader of IPL since 2015, managing a utility that serves about 500,000 customers in central Indiana.
Cummins plans $35M office building in Greenwood as part of $68M expansion
Cummins Inc. said it plans to spend more than $68 million to expand operations in Columbus, Greenwood and Indianapolis as it grows its new Electrified Power business segment. The company will move about 500 jobs to Greenwood.
Indianapolis-based wind-farm developer loses $22.9M in first quarter
Infrastructure & Energy Alternatives Inc. chalked up the loss to several expensive acquisitions and the cost of finishing projects delayed by weather.