The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel. President Joe Biden said he will sign it Wednesday.
The rule is set to take effect after 120 days, but business groups vowed to challenge it in court, arguing that the FTC greatly overstepped its authority and enacted a rule that will hurt companies.
Koola Logistics LLC, which works as an intermediary between trucking providers and people who ship goods, has signed an incentive deal with the state to aid in its expansion plans.
A settlement being discussed in an antitrust lawsuit against the Indianapolis-based NCAA and major college conferences could cost billions and pave the way for a compensation model for college athletes.
Paxafe’s software helps customers identify and avoid potential logistical disruptions in shipments of temperature-sensitive products such as pharmaceuticals and foods.
Taylor Morrison, one of the nation’s largest home builders, also acquired about 1,500 lots around the Indianapolis metropolitan area as part of the deal.
The goal of Sports Tech HQ is to build Indiana’s sports technology sector, in part by luring startups here and helping them connect with the state’s existing sports ecosystem.
A deadline looms next week for the NCAA and major conferences to agree to a deal that could cost billions in damages and set up a groundbreaking revenue-sharing system with college athletes.
Co-owners Tony Stewart of Columbus, Indiana, and Gene Haas announced the decision after nearly a year of rumors that their four-car Cup team was looking to sell its charters and either scale back or exit the stock car series completely.
Anat Ashkenazi was Lilly’s third-highest paid executive last year. She has worked at the company for 23 years, including as chief financial officer since 2021.
Starting July 1, any health care entity or private equity firm that is planning a merger or acquisition in Indiana—where the assets of at least one of the parties is $10 million or more—must notify the state attorney general at least 90 days in advance.
Longtime business partners Robert Laikin and Larry Paulson, who made their fortunes in the cellphone industry, are turning their sights to manufacturing high-density batteries for industrial uses.
The company said Thursday that it’s already replaced 95% of the plastic air pillows with paper filler in North America and is working toward complete removal by year’s end.
About: Indiana’s most popular wine has homegrown roots. Oliver Winery, which has a 93-acre vineyard in Ellettsville and a tasting room in Bloomington, produces 725,000 cases of wine annually and sells in 43 states. Here in Indiana, it tops the wine charts: Oliver Sweet Red and Oliver Blueberry Moscato are the No. 1- and No. […]
A company spokeswoman told IBJ that the new workforce reductions are related to Destination Zero—the company’s previously announced goal of achieving zero emissions by 2050.
A group of Indianapolis-based organizations has come together to create Indy Biz Pass, which the organizations describe as a first-of-its-kind network designed to support local Black-owned businesses.
Stevanato, an Italian-based life sciences company that makes glass vials and syringes for pharmaceuticals, has committed to paying employees at its new Fishers facility no less than $70,000 annually.
Sen. Jon Ossoff, D-Ga., and the bill’s two other sponsors, Judiciary Committee Chair Sen. Dick Durbin, D-Ill., and Sen. Mike Braun, R-Ind., launched the Senate Bipartisan Prison Policy Working Group in February 2022 amid turmoil at the Bureau of Prisons.
