Engineering firm to invest $1 million, add up to 135 Bartholomew County jobs
LHP Engineering Solutions, a minority-owned firm launched in 2001, targets the automotive, aerospace and medical industries.
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China’s ban on scrap imports a boon to U.S. recycling plants
U.S. paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves.
China’s technology tactics irk its trading partners
Europe, Japan and other trading partners object to President Trump’s trade tactics but echo American complaints. They say China’s practices violate its market-opening commitments under the World Trade Organization.
McLaren knocked out of Indy 500 on final run of qualifications
Kyle Kaiser, 23, in a dramatic last-gasp bid by tiny Juncos Racing, knocked Fernando Alonso off the bubble and ruined the day for McLaren, which was trying to make a comeback to the Indy 500 for the first time since the 1970s.
IBJ Podcast: Oliver Winery makes big business of sweet wines (but that’s not all)
CEO Bill Oliver, the son of the founder, talks with host Mason King about the Bloomington winery’s beginnings and its future and explains how its distribution has grown to 27 states.
Owners split on guaranteeing spots in Indy 500
Some racing team owners firmly on the side of tradition, believing that 33 drivers should qualify for the Indy 500 based on pure speed. Others say too much is at stake to eliminate those who are committed to the entire IndyCar season.
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.
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.