U.S. small business optimism hits highest level in history
Small businesses are increasingly optimistic as the economic expansion enters its 10th year and the Trump administration prioritizes industry deregulation and tax cuts.
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China puts off licenses for U.S. companies amid tariff battle
The license delay applies to industries Beijing has promised to open to foreign competitors, according to the U.S.-China Business Council. The group represents some 200 American companies that do business with China.
As job openings reach unprecedented levels, so does quitting
Americans are increasingly taking advantage of a tight labor market to find new, often higher-paying jobs.
Homebuilder snags stables tucked away on north side for subdivision
Westport Homes has made a rare find: 33 acres of largely undeveloped land on West 64th Street in Washington Township. Until July, it was the home of Grandview Stables for more than six decades.
Franciscan plans to build $130M orthopedic hospital in Carmel
The hospital system said the facility would help meet the soaring demand for hip and knee replacements while also serving patients with the “most complex” orthopedic conditions.
Number of students affected by ISTEP problem up to nearly 28,000
More high school students were affected by grading problems involving this year’s ISTEP test than previously estimated, the Indiana Department of Education said Monday.
Keselowski hands Team Penske its first Brickyard 400 victory
With his first victory in 25 NASCAR Cup tries at his favorite racing venue, Roger Penske joined Chip Ganassi as the only owners to win both the Indy 500 and Brickyard 400 in the same year.
Third candidate announces campaign for Noblesville mayor
Mike Corbett is owner of Hamilton County Media Group, which publishes the Hamilton County Business Magazine.
Council OKs plan to issue $120M in debt to pay for road, bridge repairs
The debt, which would be secured by future revenue the city expects to receive from county option vehicle taxes and the increased gas tax, would be on the books for 20 years.
Lilly’s Elanco spinoff expected to raise up to $1.45 billion in IPO
The Greenfield-based animal health unit is gearing up for independence after 65 years as part of drugmaker Eli Lilly and Co. But Elanco has been struggling, and top management will have to work hard to stabilize the operation.
Pence confident no one on his staff wrote NY Times column
More than two dozen high-ranking administration officials have denied writing the column. Vice President Mike Pence said his staff had nothing to do with it.
Local firm sells Meridian Street office complex for $37M after shoring up space
Ambrose Property Group acquired the tired and mostly vacant downtown complex out of receivership in 2014 and embarked on a $20 million renovation.
Governor plans business-development trips to Italy, Manitoba
Indiana Gov. Eric Holcomb and Lt. Gov. Suzanne Crouch are planning international economic development trips to help strengthen the state’s automotive and agriculture industries.
After wet weekend in Indy, racing begins at Brickyard
Following three solid days of rain, the first of two NASCAR races is under way at Indianapolis Motor Speedway.
Full loan relief rare for students defrauded by for-profit colleges
The Trump administration is granting only partial loan forgiveness to the vast majority of students approved for help because of fraud by for-profit colleges, according to preliminary Education Department data.
Walmart expects to double its truck-driver recruitment spending
Amid heavy demand for truckers, Walmart wants to reduce its driver hiring process from 70 days to 30, and pilot programs to do that are under way in Indianapolis and the company’s hometown of Bentonville, Arkansas.
China promises retaliation if U.S. imposes more tariffs
The threat came after President Donald Trump said Friday he was considering extending penalties to an additional $267 billion of Chinese products.
Butler named top Midwest regional university in U.S. News ranking
Purdue University finished in the top 20 among the nation’s top public schools and Indiana University’s business program fared well.
Brickyard 400 postponed until Monday afternoon
A full schedule of events planned for Indianapolis Motor Speedway this weekend were washed out by the rain.
IBJ Podcast: Park debuts with perch over two interstates
It took Tom Battista five years to get approval from the city, state and federal governments for The Idle, and just a couple months to build the micropark above the I-65/I-70 south split.
