U.S. industrial production gains for the fourth straight month
The Federal Reserve said Hurricane Florence reduced September output growth by less than 0.1 percentage points.
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Simon to weather, maybe even benefit from Sears’ decline, analysts say
Indianapolis-based Simon Property Group and other mall landlords actually might be looking forward to redeveloping Sears’ massive stores with more promising tenants as the once-mighty retailer enters bankruptcy.
U.S. wants drug prices in TV ads: ‘Patients deserve to know’
The drug industry's main trade group said drug companies are only willing to disclose the prices on their websites, not in commercials, and they'll start doing that next spring.
Pacers keep key piece in place by giving Turner $72M deal
The signing means Indiana will have two key players—center Myles Turner and All-Star guard Victor Oladipo—under contract for the next three seasons.
Firms cite law in Missouri boat accident, seek mediation
Two companies facing multiple lawsuits over a tourist boat accident that killed 17 people, including nine members of an Indiana family, have invoked an 1851 law that allows vessel owners to try to avoid or limit legal damages.
Microsoft co-founder, sports, media owner Paul Allen dies at 65
Fellow billionaire and Microsoft co-founder Bill Gates said “personal computing would not have existed without” Paul Allen, who died as the world’s 27th richest person, with a fortune of $26.1 billion.
Insurer Anthem agrees to pay record $16M for massive data breach
The nation’s second-largest health insurer has agreed to pay the government a record amount to settle potential privacy violations in the biggest known health care hack in U.S. history, officials said Monday.
Hogsett’s $1.17B budget passes City-County Council by unanimous vote
The administration plans to spend $126 million on roads and bridges in 2019, about $30 million more than is slated to be spent this year.
High Alpha venture studio launches worker-safety software firm
Indianapolis-based venture studio High Alpha on Tuesday announced the start of a new cloud-based software firm that plans to market business-safety applications to reduce and prevent injuries for maintenance workers.
UPDATE: Braun raises more than Donnelly in Q3, but Donnelly leads in cash on hand
Sen. Joe Donnelly’s campaign reported a personal record in fundraising in the third quarter, but opponent Mike Braun’s campaign said it raised nearly twice as much, thanks to a boost from personal loans.
Lime, Bird seeking to capitalize on scooter-mania, sources say
Both Bird and Lime, which have entered dozens of markets this year, including Indianapolis, are seeking hundreds of millions of dollars in new capital, according to sources.
Purdue researchers develop adhesive that could make medical procedures safer
The researchers looked to the oceans to see how they could develop surgical materials from sea creatures such as mussels, barnacles and oysters, which can bond to wet rocks with protein-based adhesives.
Indiana child welfare agency to spend $22M on raises
The raises that will take effect Wednesday for more than 3,600 employees, or about 87 percent of the agency's staff.
Sears files for bankruptcy just as things are looking up for retail
With shoppers feeling more free to spend and nicer shopping malls on the upswing, bankruptcy is a clear sign of individual weakness, not an industry trend.
Manufacturer closing Muncie firm, laying off 130 workers
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.
Elanco shares lowest since IPO after failing to get consensus buy rating
Shares in Elanco Animal Health Inc. slipped as much as 3.3 percent Monday morning after lead managers and other banks involved in its recent initial public offering started coverage on the animal health company.
Supreme Court asked to review abortion law signed by Pence
Indiana is asking the U.S. Supreme Court to hear arguments over a law that bars women from having an abortion based on gender, race or disability.
Last remaining local Sears, Kmart stores set for closure
Sears Holdings announced it was closing 142 more stores as part of Monday’s Chapter 11 bankruptcy reorganization plan.
Donald Trump Jr. coming to Indiana to campaign for Braun
Trump Jr., who took over the Trump Organization with his brother Eric after Trump won the 2016 election, has been campaigning for Republican candidates in close races across the country.
Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt
Given Sears’ sheer size, the bankruptcy filing will have wide ripple effects on everything from already ailing landlords to its tens of thousands of workers.