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Southwest Airlines ends trademark ‘bags fly free’ policy for many customers
Southwest will abandon a decades-long practice that executives had described last fall as key to differentiating the budget carrier from its rivals.
Virtual school funding in Indiana expected to spike
The two-year budget approved by Indiana House lawmakers and now moving through the Senate would increase per-student base funding for some virtual public schools by as much as 50%
Kentucky bourbon makers fear becoming ‘collateral damage’ in trade war
For an industry that has to plan well into the future, based on aging its whiskey products, angst is widespread in Kentucky, which produces 95% of the world’s bourbon supply.
Council committee recommends $66M in bonds for Old City Hall redevelopment
The $249 million plan calls for rehabilitating the 116-year-old former municipal building at 202 Alabama St. and building a 387-foot tower with 186 apartments, 23 condominiums and 156 hotel rooms.
MIBOR opposes Fishers plan to cap single-family rentals in city
Chris Pryor, chief advocacy officer for the MIBOR Realtor Association, said organization leadership is concerned that the proposed ordinance would restrict property rights, limit housing options in Fishers and interfere with the free market.
Logistics provider planning 415-job expansion in Lebanon
Supply-chain giant GXO Logistics is planning to spend $11.7 million to grow operations at a massive facility where it handles returns for Nike Inc.
UPDATE: Elon Musk claims X being targeted in ‘massive cyberattack’
Following two morning outages, a sustained outage that lasted at least an hour began at noon, with the heaviest disruptions occurring along the U.S. coasts.
Stocks’ sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy
It was the worst day yet in a scary stretch where the S&P 500 has swung more than 1%, up or down, seven times in eight days.
Hubler Automotive Group acquires Beck Toyota dealership
The Beck dealership began selling vehicles near the intersection of U.S. 31 South and Stop 11 Road in 1986.
China strikes back at Trump tariffs with 15% levies targeting farmers
The Chinese tariffs, announced last week, were a response to Trump’s decision to double the levy on Chinese imports to 20% on March 4.
Stock sell-off worsens as Wall Street wonders how much pain Trump will accept for economy
The worry is that the whipsaw moves will either hurt the economy directly or create enough uncertainty to drive U.S. companies and consumers into an economy-freezing paralysis.
Ontario slaps 25% tax increase on electricity exports to U.S.
Ontario provides electricity to Minnesota, New York and Michigan. Quebec is also considering taking similar measures with electricity exports to the U.S.
Automakers want to start banks, hoping to benefit from lighter-touch rules
In addition to the three U.S. carmakers, several other nonfinancial businesses are interested in seeking regulatory permission to launch their own banks.
Indianapolis Pizza Festival to debut this summer on Monument Circle
TikTok food critic Tommy Barrett wants to find the best pizza in Indiana during a summer festival on Monument Circle.
State revenue collections continue to exceed projections
The Indiana State Budget Agency noted that higher-than-expected collections from income tax revenue outweighed lower-than-expected collections from sales tax and interest revenue.
Sen. Young: US must prevail in AI race against China
Speaking at IBJ’s Technology Power Breakfast on Monday, U.S. Sen. Todd Young of Indiana also discussed the challenge of striking a balance between encouraging innovation in artificial intelligence and developing necessary guardrails.
Rubio says purge of USAID programs complete, with 83% of agency’s programs gone
Secretary of State Marco Rubio said the programs “spent tens of billions of dollars in ways that did not serve, (and in some cases even harmed), the core national interests of the United States.”
Small town spirit: How Indiana’s rural communities are working to reverse population losses
More than 70% of Indiana’s counties, many of which are rural and also lost population in the 2020 census, are expected to lose residents over the next 30 years.
IBJ Podcast: Tech founder on building teams, loving pivots, fostering startup hustle in high schools
Scott Lingle, the co-founder of fast-growing Remodel Health, took a big leap at an age when most folks are getting more conservative. Now he’s helping hundreds of local high schoolers learn to launch businesses.
