U.S. stocks rebound for record-setting day after dismal Christmas Eve
U.S. stocks surged Wednesday, recovering all their losses from a Christmas Eve plunge. The Dow Jones industrial average and S&P 500 both set single-day records.
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National Bank of Indianapolis CEO retiring after 25 years at helm
President, chief executive and bank co-founder Morrie Maurer plans to retire Jan. 4, to be succeeded by a longtime executive within the organization.
No end in sight to partial government shutdown
Wednesday brings the first full business day after several government departments and agencies closed over the weekend due to a budgetary stalemate between President Donald Trump and Congress.
Cleanup set for 200,000 waste tires left at Indiana business
The Indiana Department of Environmental Management estimates cleaning up the reclamation site in Anderson could cost up to $262,000.
J.P. Morgan takes three former advisers who joined competitor to court
J.P. Morgan has won a preliminary injunction against three former employees in its Carmel office, who are accused of taking at least 20 clients with millions of dollars in assets to a competing firm.
Six newsroom employees at IndyStar take early retirements
Among the longtime newsroom employees who accepted buyout packages were well-known names in the local newspaper field, including editorial cartoonist Gary Varvel and writer Will Higgins.
Amazon has record holiday amid spending splurge by consumers
Consumers seemed to be merry this year despite a stock market that has tumbled, a government shutdown that is entering its fifth day and ongoing trade tensions with China.
New-home applications still rising in Indianapolis area
Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.
Federal board’s ruling paves way Nickel Plate Trail development
The Federal Surface Transportation Board has ruled in favor of a plan by Fishers and Noblesville to convert the Nickel Plate Railroad into a recreational trail, removing the last big legal hurdle faced by the project.
Federal board rules in railroad owners’ favor, pushing Nickel Plate Trail development forward
The Federal Surface Transportation Board last week issued three Notices of Interim Trail Use, which allows Fishers and Noblesville to move forward with converting the Nickel Plate Railroad into a trail, ending a lengthy federal process.
Business publication predicts 3.2 percent growth in Indiana in 2019
Indiana Business Review indicated that history suggests a decade-long U.S. and Indiana economic expansion may be coming to an end of its natural cycle.
Trump: ‘I can’t tell you when’ government will reopen
In a Christmas Day appearance in the Oval Office, President Donald Trump issued a lengthy defense of his desire for a wall, saying it's the only way to stop drugs and human traffickers from entering the country.
Probe of Indiana’s AG cost taxpayers at least $26K, records show
An investigation into allegations that Indiana Attorney General Curtis Hill drunkenly groped four women at a party last March cost taxpayers at least $26,300, according to records obtained through open records requests.
Trump rips Fed as economy’s ‘only’ problem; doesn’t mention Powell
President Donald Trump renewed his attacks on the Federal Reserve, commenting publicly on the central bank for the first time following last week’s interest-rate hike and reports he has discussed firing Chairman Jerome Powell.
Indiana wine retailer seeks to sell across state lines
Lebamoff Enterprises will be allowed to reopen a 2016 lawsuit against Illinois after prevailing in the 7th U.S. Circuit Court of Appeals.
IBJ Podcast: Two Indy execs talk losing weight — and the harder part, keeping it off
Hyde Park Venture Partners Principal Tim Kopp, the former CMO of ExactTarget, and David Shank, CEO of Shank Public Relations Counselors, talk about the warnings from their doctors that led them to start eating healthier and exercising.
Attorney: No plans to use public funds to defend Curtis Hill
Employment attorney Kevin Betz said he won't take state money, despite a draft of the contract that showed his firm, Betz + Blevins, would receive up to $100,000 in public money to represent Curtis Hill and the attorney general's office.
UPDATE: Partial government shutdown likely to extend past Christmas
Unlike other shutdowns, this one seemed to lack urgency, coming during the long holiday weekend after President Donald Trump had already declared Monday, Christmas Eve, a federal holiday.
FDA casts shadow on hemp law, calling CBD products illegal
The hemp industry still has work ahead to win legal status for hemp-derived cannabidiol, or CBD oil, as an ingredient in food or dietary supplements despite the big farm bill signed this week designating hemp as an agricultural crop.
Indiana sees gain of 32K residents in 2018, Census Bureau estimates
The increase is the Indiana’s strongest annual gain since 2009 and outpaced neighboring states.