UPS to cut 20,000 jobs, close some facilities as it reduces number of Amazon shipments
UPS anticipates closing 73 leased and owned buildings by the end of June.
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Major companies face difficult task in estimating impact of tariffs on financial results
Executives at some of the world’s biggest companies are faced with the tricky task of explaining how President Donald Trump’s tariffs are impacting their business as they discuss their latest quarterly reports.
Plans moving ahead for dual-branded hotel on south end of downtown Indy
The Avid focuses on price-conscious leisure and business travelers. Candlewood Suites serves extended-stay customers and offers units with kitchens and free laundry.
Job openings fell to 7.2 million in March, lowest level since September
Meanwhile, the number of Americans quitting their jobs—a sign of confidence in the economy—rose modestly. And layoffs fell to the lowest level since June.
Consumer confidence index sinks to lowest level in 5 years
The figures reflect a rapidly souring mood among consumers, most of whom expect prices to rise because of the widespread tariffs imposed by President Donald Trump.
Trump to offer automakers some relief on tariffs over worries they could hurt factories
Automakers and independent analyses have indicated that the tariffs could raise prices, reduce sales and make U.S. production less competitive worldwide.
Elevate says state funding freeze endangers startups, entrepreneurial community
Commerce Secretary David Adams announced last week that the state had frozen funds earmarked for Elevate Ventures, but he did not outline specific concerns about the nonprofit or its operations.
Amazon launches its first internet satellites to compete against SpaceX’s Starlinks
Amazon aims to put more than 3,200 of the satellites into orbit to provide broadband service around the globe.
Indiana egg farm’s lawsuit accuses supplier of faulty packaging
The lawsuit, filed by Seymour-based Rose Acre Farms Inc., alleges breach of contract against New Jersey-based defendant Tri-Cor Flexible Packaging Inc.
EPA allowing sale of cheaper, higher-ethanol E15 gasoline this summer
The move pleases farmers and saves consumers a little money at the pump but is frustrating for environmentalists who believe ethanol-blended fuels harm the air and water.
Federal judge tosses lawsuit brought by ex-college basketball players against NCAA
The lawsuit, which included 16 total players who played before June 16, 2016, claimed that the NCAA had enriched itself by utilizing their names, images and likenesses to promote its men’s basketball tournament.
New plan for West Fork District in Westfield features entertainment venue, town houses
Plans call for the entertainment venue to have duckpin bowling, laser tag, a bar, an arcade and a laser-projected dart game inside, and a ropes course and a 36-hole mini-golf course outside.
Replica Eiffel Tower from US Olympic Swimming Trials gets permanent home
The 14,000-pound structure was the largest project undertaken by the Latinas Welding Guild, which designed and built the tower.
Former Center Grove superintendent’s ‘abuse of power’ led to misuse of public funds, district says
Former Center Grove Superintendent Rich Arkanoff abruptly retired days after Center Grove Community Schools officials discovered discrepancies during an internal review, according to the state report.
Here’s what died–and dropped in–during final hours of Indiana legislative session
Controversial language targeting homeless Hoosiers, regulating marijuana-like products and cracking down on illicit massage parlors perished in the final hours of this year’s General Assembly.
Tariffs double some prices on retail sites Temu, Shein
There are no import surcharges on items that are already available in U.S. warehouses, keeping the prices of those goods generally stable, at least for now.
‘The Soundtrack of Summer’ unveiled as Indiana State Fair theme
Inspired by live music, farm machines and Midway rides, the Indiana State Fair announced “The Soundtrack of Summer” as its 2025 theme.
While tariffs roil Wall Street, individual investors stay in stocks
The tariff-induced extremes that have gripped Wall Street have been mirrored by a surprising fortitude among everyday people invested in the stock market, financial advisers and analysts say.
Charter schools score big funding wins, including new property tax sharing law
Most funding increases for Indiana charter schools won’t take place until 2028, when state law mandates that districts must begin sharing property taxes used for operating expenses.
Indiana lieutenant governor calls Three-Fifths Compromise ‘a great move’
Indiana Lt. Gov. Micah Beckwith is facing backlash from some of the state’s religious and civil rights leaders for his comments on the Three-Fifths Compromise, which counted each Black enslaved person as three-fifths of a human being for the purposes of taxation and representation.
