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Potential US semiconductor manufacturing boom complicated by Trump’s economic policies

May 15, 2025 | Associated Press

Before “America First” became the Trump administration’s mandate for foreign policy and trade, one sector was already working to bring business back to the United States: the semiconductor industry.

Developer withdraws plans for massive Hancock County data center

May 15, 2025 | Marek Mazurek, Inside INdiana Business

Surge Development withdrew its rezoning request this week after significant public opposition to the plan, much of it voiced at a public information meeting earlier this month.

Coinbase said cyber crooks stole customer information, demanded $20M ransom payment

May 15, 2025 | Associated Press

The largest cryptocurrency exchange based in the U.S said Thursday that criminals had improperly obtained personal data on the exchange’s customers for use in crypto-stealing scams.

Local Scouting America council sells western Indiana camp

May 15, 2025 | IBJ Staff

In February, the Crossroads of America Council announced its plans to sell the camp as well as its organization’s headquarters, the Golden-Burke Scout Center at 7125 Fall Creek Road North.

Rare warning from Walmart during trade war: Higher prices are inevitable

May 15, 2025 | Associated Press

Walmart imports general merchandise from dozens of countries. But China, in particular, represents a big chunk of volume in certain categories like electronics and toys.

Colts delete schedule-release video over Minecraft rights, Tyreek Hill joke

May 15, 2025 | IBJ Staff and Associated Press

The Indianapolis Colts apologized to Dolphins receiver Hill and Microsoft after pulling the schedule-release video.

Indiana Fever’s new streaming service will let fans watch live games, replays

May 15, 2025

Fever Direct, a partnership between Pacers Sports & Entertainment and New York City-based Endeavor Media, will offer broadcasts of more than a dozen regular-season games, as well as replays and other Fever-produced content.

Developer, major homebuilder plan 350-plus houses on east side of Noblesville

May 15, 2025 | Daniel Bradley

The development called Parks at Crossroads would be D.R. Horton’s first subdivision in Noblesville.

Dick’s Sporting Goods to buy struggling shoe chain Foot Locker for $2.4B

May 15, 2025 | Associated Press

Dick’s said Thursday that it expects to run Foot Locker as a standalone unit and keep the Foot Locker brands, which include Kids Foot Locker and Champs Sports.

Team Penske doubles up on ‘Yellow Submarine’ paint scheme for the Indianapolis 500 and Coca-Cola 600

May 15, 2025 | Associated Press

Team Penske was fast for a second straight day in Indianapolis 500 practice but didn’t top the board.

Conner Prairie announces long-term partnership with Corteva

May 14, 2025 | Daniel Bradley

Corteva will be the presenting partner of the Food, Farm and Energy Experience, which will be part of an expansion at the museum.

Divisions emerge among House Republicans over how much to cut taxes, Medicaid in Trump’s bill

May 14, 2025 | Associated Press

Republicans are racing to extend Trump’s tax breaks, which are set to expire later this year, while adding the new ones he campaigned on in 2024, including no taxes on tips, Social Security benefits and others.

EPA plans to weaken rule curbing forever chemicals in drinking water

May 14, 2025 | The Washington Post

EPA Administrator Lee Zeldin said the changes will “protect Americans from PFOA and PFOS in their drinking water” while providing “common-sense flexibility in the form of additional time for compliance.”

State hires firm specializing in ‘crisis and transformation’ to audit IEDC

May 14, 2025 | Cate Charron

Gov. Mike Braun announced the audit last month, citing potential “impropriety” at the IEDC. He also announced a freeze of all state funds associated with Elevate Ventures.

Indy City-County Council considers $27.2M spring spending package

May 14, 2025 | Taylor Wooten

Officials have slated $19.7 million for the Department of Public Works, mostly for capital projects, snow removal and road safety.

As WNBA popularity climbs, player salaries remain hurdle for league to address

May 14, 2025 | Associated Press

Player salaries have been a longstanding point of contention between the NBA—which owns about 60% of the WNBA and leads CBA negotiations—and women’s basketball players.

As Indiana manufacturing grows, ‘we clearly don’t have enough electricity,’ Braun warns

May 14, 2025 | Casey Smith, Indiana Capital Chronicle

Gov. Mike Braun warned that Indiana needs swift solutions for its bevy of water and energy “challenges” to support the state’s expanding manufacturing sector.

Fishers-based smart-mailbox company Arrive AI set to go public this week

May 14, 2025 | Susan Orr

The company, which has developed a smart-mailbox system for drone delivery, said it expects to begin trading on the Nasdaq exchange.

Elevance investors reject pro-DEI shareholder proposal

May 14, 2025 | Daniel Lee

Diversity, equity and inclusion, or DEI, efforts have become a debated topic in the corporate world and beyond this year.

Overdose deaths in United States fell last year in largest one-year decline on record

May 14, 2025 | Associated Press

Experts say more research needs to be done to understand what drove the reduction, but they mention several possible factors.

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