Apple maintains prices on new iPhones despite inflation
Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery at the same prices as last year’s model.
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Activists call on AES Indiana to retire coal-fired Petersburg plant
The largest and dirtiest power plant in AES Indiana’s fleet is coming under renewed criticism for violating its air and water permits and for maintenance problems that have contributed to higher customer bills.
Pat McAfee joins ESPN’s ‘College GameDay’ team
Former Indianapolis Colts punter Pat McAfee will make his debut as a full-time “GameDay” cast member on Saturday.
Regal Cinemas parent files for Chapter 11 bankruptcy
Cineworld had built up $4.8 billion in net debt, not including lease liabilities. The company, which has about 28,000 employees, previously said that its admissions levels have recently been below expectations.
UPS to hire more than 100,000 workers for holidays
In the Indianapolis area, UPS said it expects to hire more than 3,000 seasonal employees ahead of the holiday rush.
ClusterTruck spins off its software platform into a standalone business
The spinoff, Empower Delivery, is targeting independent restaurant chains that have between five and 50 locations in a market but haven’t yet gotten into delivery in a big way.
IRS to look into setting up free electronic tax filing system
The IRS has lacked the funding—or the clout to outmaneuver private lobbyists—to seriously consider its own e-filing platform, current and former officials say, forcing taxpayers instead to deal with a consortium of private providers.
Law firm Barnes & Thornburg opens two more East Coast offices
The New Jersey and Philadelphia offices will be anchored by former attorneys from Faegre Drinker Biddle & Reath.
U.S. plans shift to annual coronavirus shots, similar to flu vaccine
The federal government has purchased more than 170 million doses of the updated boosters, and doses began shipping last week, following authorization by the Food and Drug Administration.
Purdue University touts record increase in faculty members
Purdue University said it has added more than 200 faculty members over the past year, marking the largest single-year increase in the school’s 153-year history.
Indiana to tax student loan forgiveness, similar to other states
Democratic state Rep. Rep. Greg Porter of Indianapolis condemned the policy in a statement Tuesday and said he was drafting legislation to retroactively eliminate state income tax on debt relief.
Juul to pay nearly $440M to settle with 33 states in teen vaping probe
The agreement, which includes Indiana, resolves one of the biggest legal threats facing the beleaguered company, which still faces nine separate lawsuits from other states and hundreds of individual suits.
Art sales during second Butter fair at Stutz top $250,000
The Labor Day weekend event organized by cultural development firm GangGang grew from its 2021 debut, and four Indiana institutions acquired artwork to add to permanent collections.
Fishers-based Flexware Innovation acquired by Hitachi
Flexware Innovation, founded in 1996, is an engineering company that helps companies integrate ever-changing software with advanced manufacturing systems.
Student loan servicers inundated with refund requests after forgiveness news
The Education Department has offered to return money to people who continued to pay since the inception of the moratorium in March 2020, but the policy went largely unnoticed until last week.
Business travel not rebounding as fast as airlines expected
Business travelers generally pay higher fares, so the absence of so many of them has an outsized impact on airline revenue and profit.
Broad Ripple townhomes project along White River set to move ahead
The developer of Riverbank Townhouses—featuring units with listing prices beginning at $750,000—hopes the project will encourage more homeownership in the village.
IBJ Podcast: Indiana Fever’s president on team’s 5-31 season and strategy for rebuilding
Allison Barber shares her take on the 18-game losing streak, the franchise’s new rebuild strategy, her top priorities in the off-season and the challenges of leading an organization mired in a rough transition.
Indy-based financial wellness firm lands $3M in growth funding
Led by CEO Peter Dunn, also known as “Pete the Planner,” Your Money Line says it will use the funding to further develop its financial wellness software platform and more than double the size of its staff.
Summer drought conditions take hefty toll on American crops
It was a bad year for corn. And for tomatoes, hard red winter wheat, cotton, rice and several other crops.