Car parts maker planning to triple workforce in Richmond
The subsidiary of Israel-based Omen Casting Group wants to boost production to help meet demand in America and Germany for its aluminum drivelines, steering components and oil pumps.
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Purdue board boosts possible bonus pay for Daniels
Purdue University President Mitch Daniels will be eligible for nearly $280,000 in bonus pay and a $250,000 retention payment for this school year.
Carmel-based real estate firm acquires Pan Am Tower
Lauth Group bought the downtown building from longtime owner Coastal Partners LLC. It plans to renovate portions of the tower.
U.S. job vacancies rise, exceed unemployed by 1 million
The number of openings is the second-highest on record, reinforcing the view that the trend of employment is strong.
Local merchandiser MainGate lands deal with NASCAR track owner ISC
Indianapolis-based retail merchandiser MainGate has inked an exclusive deal with the owner and manager of numerous NASCAR tracks, including Daytona and Talladega, to provide licensed gear and set up a new web store.
IBJ Podcast: Indiana Pacers Bikeshare is undergoing its first expansion—and it’s a big one
Kären Haley, executive director of the Indianapolis Cultural Trail, talks with guest host Anthony Schoettle about the timeline for the bikeshare expansion and why it was important to locate stations outside of downtown.
Indiana getting $40 million to improve two sections of I-65
The two federal grants are to be used to increase the capacity of sections of Interstate 65 in south central and north central Indiana.
Pence aide out of running to be Trump’s next chief of staff
Even senior White House officials were caught off guard Sunday when President Donald Trump and Nick Ayers, whose hiring was believed to be a done deal, couldn't come to terms.
Fishers district earns statewide arts, cultural designation
The Indiana Arts Commission Board voted to designate the Nickel Plate District in Fishers as a Statewide Cultural District, a designation held by only seven other communities in the state.
IPS board taps deputy superintendent to serve as interim leader
Aleesia Johnson was picked to replace the departing Lewis Ferebee. She will be the first African-American woman to lead the district.
Renovations set at IU dorms plagued by mold
Indiana University will start a $56 million renovation project next summer to address ongoing mold problems at two Bloomington campus residence halls.
Carmel-based Merchants Bancorp to acquire Florida-based lender
NattyMac, which was established in 2004, has a historical connection with Indianapolis and was sold to its current owner in 2017 for $211 million.
State’s VA director resigns amid assistance fund controversy
Gov. Eric Holcomb announced Friday morning that he had accepted Jim Brown’s resignation, effective Dec. 28.
U.S. hiring slows to 155K jobs; jobless rate remains at 3.7 percent
The jobs figure was less than many economists forecast, but few saw the report as a sign of a broader slowdown.
Indianapolis Power & Light searching for new CEO
Craig Jackson, who took over executive leadership of Indianapolis Power & Light in February as part of a corporate restructuring by parent AES Corp., plans to resign at the end of the month.
Report: U.S. health spending hits $3.5T, but growth slows
The rate of growth slowed for the second year in a row, according to economic experts at the federal Health and Human Services department.
Cummins CEO: U.S. should take incremental steps to resolve trade tensions
Cummins CEO Tom Linebarger says a practical, targeted approach will work better than “carpet-bombing” China with escalating tariffs.
Gov. Holcomb wants hate-crimes bill to include gender identity
The Indiana governor announced his 2019 agenda on Thursday, and it included passing a hate crimes law to get Indiana off the list of five states without such protection. Holcomb referred to it as being on the “naughty list.”
EPA proposes rolling back another Obama-era coal rule
The EPA’s acting administrator signed a proposal that would loosen rule that would have required cutting-edge carbon capture techniques for new coal plants. Andrew Wheeler said the requirements were “excessive burdens” on the industry.
Parents of girl shot at Noblesville school sue shooter’s parents
The parents of a 13-year-old girl who was shot seven times by a classmate are seeking damages for their daughter’s injuries.