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the FAANGs have become “one-decision stocks”—stocks you should buy, no matter how expensive, and hold forever.
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Consumer group says Indiana power plant has failed customers
Citizens Action Coalition of Indiana says Duke Energy’s controversial Edwardsport plant has suffered repeated outages and failed to live up to its promises, costing ratepayers more than $1 billion in unneeded fees.
Kroger introduces online delivery in four markets
Kroger, the biggest grocery chain in the country, said it will "quickly" expand the service to other markets over the next few months.
Trump’s cheaper short-term health plans include coverage gaps
The Trump administration on Wednesday cleared the way for insurers to sell short-term health plans as a bargain alternative to pricey Obamacare policies for people struggling with high premiums.
Products distributed by local company recalled for possible parasite
The Agriculture Department's Food Safety and Inspection Service said lettuce in the products, distributed by Indianapolis-based Caito Foods LLC, might be contaminated with cyclospora. The parasite causes intestinal illness.
Indy Eleven crashes top five in USL attendance
Soccer franchise getting big boost from move to larger league.
Bird, Lime planning comeback as city rolls out application for scooter firms
Electric scooters could soon be back on Indianapolis streets, as Wednesday marks the first day that scooter-rental companies are expected to be able to submit applications to the city for a license to operate their businesses.
Ram Restaurant & Brewhouse closes Fishers location
The Ram's downtown Indianapolis location at 140 S. Illinois St., which opened in 1999 as one of the city’s first craft breweries, will remain in business.
Humane Society abruptly terminates CEO Stolen
Steven Stolen, who took the CEO’s job in June 2017, told IBJ that he was surprised by the news because he felt the animal welfare organization had been making “substantial progress.”
Indiana family files second lawsuit in boat sinking
The federal lawsuit was filed Tuesday by members of an Indiana family who lost nine relatives when a tourist boat sank this month in Missouri.
Utility estimates $177M to replace lead water lines around state
Indiana American Water, which serves about 1.3 million people, estimates it will replace all lead service lines by no later than 2042 and possibly as soon as 2028.
Cummins rakes in record revenue, exceeds Wall Street expectations
The Columbus-based engine manufacturer posted revenue of $6.13 billion in the second quarter, up 21 percent from the same period of 2017.
UPDATE: Debate dates set for Indiana’s U.S. Senate race; tickets quickly claimed
Democratic incumbent Joe Donnelly, Republican Mike Braun and Libertarian Lucy Brenton agreed to two debates, which both will be held within a month of the Nov. 6 general election.
IU aims to find cures for three forms of cancer, help prevent or slow other diseases
The university said it has hired 33 research faculty to help under the “Grand Challenges” program in precision health, an initiative it rolled out two years ago.
Not-for-profit kicking off effort to build 150 units of affordable housing in Twin Aire area
SEND’s investment is possible due to the group’s sale of the Wheeler Arts Community building in Fountain Square.
Consumer spending shows solid monthly increase of 0.4 percent
Meanwhile, a key gauge of inflation increased at an annual pace of 2.2 percent for a second straight month—the strongest back-to-back gains in six years.
Emmis preparing to put 70 acres along I-65 up for sale
Emmis Communications is seeking rezoning for 70 acres of land it owns in booming Whitestown to make it more marketable.
Allison Transmission beats forecasts with record quarterly revenue
The Indianapolis-based manufacturer of automatic transmissions saw sales growth in all of its market segments.
Michigan-based tech firm acquires local internet-of-things company
Troy, Michigan-based Plex Systems has finalized a deal to acquire Dattus Inc., which was founded by two Purdue University students in 2012 and moved to Indianapolis in 2015.
All eyes on Lilly’s fast-growing diabetes drug, Trulicity
The drug, launched in 2014, is one of Lilly’s fastest-growing medicines, but its fate could hinge on the results of another clinical trial for heart benefits. The Indianapolis-based drugmaker plans to release results later this year.