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Articles

Made in Indiana: Tents by Anchor Industries Inc.

June 23, 2023 | Susan Orr

Company history: Anchor Industries was founded in 1892 by Louis Daus, and it originally operated as a supply house that sold oil, groceries, paint and other supplies to steamboats along the Ohio River. Daus later added canvas goods to the lineup, and the company today is best known for its commercial tents that are used […]

Microsoft: Disruptions to Outlook, cloud platform were cyberattacks

June 18, 2023 | Associated Press

Microsoft said the attackers were focused on “disruption and publicity” and likely used rented cloud infrastructure and virtual private networks to bombard Microsoft servers from so-called botnets of zombie computers around the globe.

Four-day workweek becoming common at small businesses

June 13, 2023 | Bloomberg News

As larger companies continue to harden their return-to-office mandates, the flexibility uniquely offered by small businesses might become increasingly attractive to job seekers.

Human resources firms cautiously adopting AI

June 9, 2023 | Susan Orr

The growth of artificial intelligence tools and the increasing sophistication of the technology has made AI a target for regulators, especially in hiring.

CEO pay hikes at S&P 500 companies slowed in 2022

May 31, 2023 | Associated Press

Pay disparity between chief executives and rank-and-file workers, which has been widening for years, narrowed only slightly.

2023 Innovation Issue: Indiana is primed to reshape the agbioscience industry

May 26, 2023 | Susan Orr

The state’s strength in agriculture, plus partners like Purdue University and AgriNovus Indiana, combine to make Indiana a competitive place for generating and attracting ag-related technology and innovation.

Fishers-based Formstack announces significant layoffs

May 18, 2023 | Susan Orr

The laid-off employees’ profiles indicate that the cuts spanned multiple departments at Formstack, including marketing, public relations, human resources, customer service, sales and product design.

Google giving its dominant search engine an artificial-intelligence makeover

May 10, 2023 | Associated Press

Google on Wednesday disclosed plans to infuse its dominant search engine with more advanced artificial-intelligence technology, a move in response to one of the biggest threats to its long-established position as the internet’s main gateway.

New instant payment network could help smaller banks compete with the big guys

April 28, 2023 | Susan Orr

With help from a national pilot group that includes three Indiana-based banks, the Federal Reserve will soon launch the service, called FedNow.

Amazon HQ2 was thought up pre-pandemic, but the world is hybrid now

April 19, 2023 | The Washington Post

Amazon first announced its plans for its second headquarters in fall 2018, but the pandemic has thrown them into disarray as white-collar workers traded their commutes for their living rooms.

amazon big pic

Fox News, Dominion settle defamation lawsuit for $787.5 million

April 19, 2023 | Associated Press

The eye-popping figure—the largest publicly disclosed monetary settlement ever in an American defamation action—averted what could have been an even costlier outcome for Fox and its parent company, Fox Corp.

IRS looking into free electronic tax-filing system for all

April 16, 2023 | Associated Press

Big tax preparation companies have millions of dollars to lose if the program comes to fruition. Last year, more than 60 million taxpayers were serviced by Intuit, the parent company of TurboTax, and H&R Block.

IRS overhaul aims for tenfold increase in audits of the wealthy

April 6, 2023 | The Washington Post

IRS and Treasury Department officials said Thursday that they will use part of the $80 billion in new funding for the tax service to claw back unpaid balances from high-income earners and complex businesses.

Fed facing blurrier outlook as it meets to weigh rate hike

March 21, 2023 | Associated Press

The Federal Reserve will have to decide whether to extend its year-long streak of rate hikes despite the jitters roiling the financial industry.

High-skilled visa holders at risk of deportation amid tech layoffs

February 24, 2023 | The Washington Post

Many of the tech firms that lobbied for more temporary visas for high-skilled immigrants are now firing these workers, leaving them with 60 days to find a new job or leave the country.

Artificial intelligence starting to pick who gets laid off

February 20, 2023 | The Washington Post

A January survey of 300 human resources leaders at U.S. companies revealed that 98 percent of them say software and algorithms will help them make layoff decisions this year.

Some companies captured the rise in venture capital but now see slowdown

January 27, 2023 | Susan Orr

Local sources see the current slump in venture investing as a correction following a period of overheated activity.

FAA system failure brings fresh round of disruption to U.S. air travel

January 12, 2023 | The Washington Post

The failure of a key federal safety system Wednesday led to widespread disruptions in domestic air travel for the second time in two weeks, prompting a fresh round of scrutiny from lawmakers amid continued breakdowns in technology.

Podcasting is only the beginning for ‘Crime Junkie’ host Ashley Flowers

January 6, 2023 | Dave Lindquist

Flowers is eager to focus on new podcasting, publishing, and television and film opportunities . With four projects in the works for streaming platforms, the company plans to expand into filmed entertainment this year.

Salesforce mum on how companywide cuts will affect Indy operations

January 4, 2023 | IBJ Staff and Associated Press and The Washington Post

The global cloud-computing giant revealed on Wednesday a major restructuring plan that will lay off about 10% of its employees and shrink its real estate footprint.

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