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Fed set to signal no expectation of rate hikes anytime soon

March 18, 2019

The message the Federal Reserve is poised to send when its latest policy meeting ends this week is a soothing one. It reflects an abrupt shift in tone since the start of the year.

New owner of historic White Castle building ordering up rehab

March 18, 2019

Jason Hartman plans to fix up the turreted downtown building—one of White Castle’s first generation of fast-food restaurants—and lease it to a new user as retail, office or live-and-work space.

Indiana’s neighbor sees big surge in hemp sales

March 18, 2019

New annual sales figures solidify Kentucky’s reputation as a leader in the comeback of hemp, which was removed from the list of federally controlled substances in last year’s federal farm bill.

Facebook says service hindered by lack of local news

March 18, 2019

The social media giant said it has found that 40 percent of Americans live in places where there weren't enough local news stories to support its new service.

Group with consumer-friendly vibe pushes drugmakers’ message

March 18, 2019

As Congress and President Donald Trump's administration aim to lower prescription drug costs, outside groups like the Alliance for Patient Access are seeking to sway the outcome.

IBJ Podcast: He grew up in Sahm’s restaurants; now he’s expanding the business

March 18, 2019

Eddie Sahm talks to host Mason King about growing up in restaurants, his parents’ expectations for his career and how his skills differ from those of his father, Ed Sahm.

Carmel issues request for proposal for PNC Bank property

March 17, 2019

The Carmel Redevelopment Commission is seeking a developer to transform the northeast corner of Main Street and Rangeline Road with a mixed-use development.

51 women sue USOC for failing to stop Nassar abuse

March 15, 2019

The U.S. Olympic Committee has tried to remove itself as a defendant in a number of other similar lawsuits, contending it should not be held legally responsible for Larry Nassar's crimes.

Are too many tech firms seeking ‘Goldilocks’ employees, rather than developing pipelines?

March 15, 2019

Given the talent shortage in Indiana and nationwide, companies must learn to "build capacity internally," TechPoint CEO Mike Langellier told a crowd at IBJ's Technology Power Breakfast on Friday.

Lucas Oil Stadium in line to get $7M in Wi-Fi improvements

March 15, 2019

The wireless infrastructure at Lucas Oil Stadium could see significant improvements in the coming months as part of a three-way deal between the Colts, the Capital Improvement Board and Verizon.

Facebook says outages due to ‘server configuration change’

March 15, 2019

The outage is yet another publicity problem for a company already dealing with privacy issues and regulatory probes.

In new book, Lessonly’s Max Yoder urges bosses, employees to ‘be vulnerable’

March 15, 2019 | Lesley Weidenbener

“We clearly don’t have all the answers, but sometimes we posture as though we do,” Yoder tells IBJ. “And when we do that, we really can decrease the amount of communication on the team.”

Technology Power Breakfast 2019: Tom Fisher

Spirit Airlines to add two Florida routes from Indianapolis

March 14, 2019

The low-cost carrier is a newcomer to Indianapolis, launching service to Las Vegas and Orlando this week. Spirit plans to begin service to two more destinations this fall.

Toyota investing $750M at 5 U.S. plants, creating 600 jobs

March 14, 2019

It marks yet another expansion of the Japanese automaker's U.S. presence, bringing to nearly $13 billion the amount it will spend by 2021.

Aldi plans new store in former Marsh at north-side shopping center

March 14, 2019

The Germany-based discount grocery chain has leased about 22,000 square feet and will occupy a little more than a third of the former Marsh Supermarket space.

For mastermind of vast college scam, fat fees weren’t enough

March 14, 2019

The same cutthroat competition and parental anxieties that drive affluent Americans to hire tutors, editors and strategists helped William Rick Singer build a profitable—and highly illegal—business.

Hot exercise-equipment store coming to Indy

March 14, 2019

Peloton’s Fashion Mall store will be its first in the state. Also this week: Bentley’s Pet Stuff, At Home, Subway, Coffee Five and Healthies.

Corporate responsibility

March 14, 2019

UPDATE: Indiana political legend Birch Bayh dies at 91

March 14, 2019

Former U.S. Sen. Birch Bayh, a towering figure in Indiana politics who authored two amendments to the U.S. Constitution and was the lead sponsor of the landmark 1972 law prohibiting gender discrimination in education, has died at age 91.

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