Key inflation gauge slowed to still-high 6.3% over past year
High inflation appears to be forcing consumers, on average, to save less. The savings rate fell to 4.4% last month, the lowest level since 2008.
Home » Search
Search Results
14282 results for 'articles'
To refine your search through our archives use our Advanced Search
2022 Innovation Issue: AI is a powerful tool—but it carries risks
Last month, Faegre Drinker announced that Indianapolis-based partner Scott Kosnoff would co-lead an interdisciplinary artificial intelligence and algorithmic decision-making team that the firm calls AI-X. IBJ talked to Kosnoff about the team.
Innovation Issue 2022
The 2022 Innovation Issue Energy—how to sustainably create it, effectively store it and efficiently use it—is heart of so many of our world’s technological challenges today. How do we harness the power created by nature and store it for use in the future? How do we fuel vehicles without generating emissions that hurt our environment? […]
More Memorial Day travel expected despite high gas prices
To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.
IndyCar, teams look at solutions for labor shortage in pits
The American labor shortage that has hit restaurants, factories and other industries also is becoming a concern in Gasoline Alley, where crew members and engineers are in short supply.
No charges for former FBI agents in botched Larry Nassar probe
The U.S. Justice Department said Thursday it will not pursue criminal charges against former FBI agents who failed to quickly open an investigation of sports doctor Larry Nassar despite learning in 2015 that he was accused of sexually assaulting female gymnasts.
McLaren to spend $25M to build IndyCar facility in Whitestown
Company officials said the project will allow Arrow McLaren SP—its IndyCar operation—to run three full-time entries in the IndyCar series in 2023
USA Gymnastics picks 2008 silver medalists for top posts
Indianapolis-based USA Gymnastics is turning to two of its most-decorated athletes to help guide its women’s elite program.
Shell-Pennzoil inks 5-year extension across Penske portfolio
Roger Penske signed the extension with Shell-Pennzoil on Thursday that covers Team Penske, IndyCar, Indianapolis Motor Speedway and most of Penske’s portfolio.
Gleaners taps former IU athletic director Glass as its new CEO
Fred Glass, who worked as IU’s athletic director from 2009 to 2020 after a long career in law and politics, will become chief executive of Gleaners Food Bank of Indiana on Sept. 30.
U.S. making COVID antiviral drug more available at test sites
Despite a nationwide surge in COVID-19 cases, deaths from the virus have remained largely stable over the past eight weeks.
Pay for CEOs at big public companies rose 17% in 2021 as profits soared
Last year’s leap for median pay of S&P 500 CEOs was the biggest since a 23.9% surge for 2010 compensation packages, according to the data analyzed by Equilar.
Big tech deals keep coming: Broadcom buys VMware for $61B
With the perceived value of tech companies on the decline, at least for now, more buyouts could be on the way with targeted companies appearing relatively cheap.
Boone County officials tout Lilly’s $2.1B manufacturing plan as a ‘game-changer’
Lebanon Mayor Matt Gentry called Eli Lilly’s plans to build two pharmaceutical manufacturing sites “transformational” for his city.
Brahms and Radiohead meet at ISO, thanks to composer Steve Hackman
Audience members at Hilbert Circle Theatre will hear Brahms’ Symphony No. 1, which debuted in 1876, fused with Radiohead’s “OK Computer” album from 1997.
Stage set for Indiana’s global summit on economic issues
The Indiana Economic Development Corp., which focuses on bringing new business to the state, originally planned to host the Indiana Global Economic Summit in 2020 before the pandemic curtailed travel and meetings.
With Indianapolis 500 at full throttle, business is booming again
Locals don’t need studies to reinforce what they already know—this month is revving up to be the best fiscal May since the 100th running of the race in 2016.
Penske ready for 300,000 guests in a full-capacity Indy 500
Roger Penske will at last be able to open the Indianapolis Motor Speedway to a capacity crowd this Sunday for his first true Indianapolis 500 since buying the property in 2020.
Indiana governor eyes ‘inflationary relief,’ not gas tax cut
Indiana Gov. Eric Holcomb said Wednesday he was preparing a plan to potentially tap into the growing state budget surplus to help residents with the national inflation jump.
Congressional Budget Office says inflation to last into 2023
The nonpartisan agency expects the consumer price index to rise 6.1% this year and 3.1% in 2023, above a long-term baseline of 2.3%.