Plainfield warehouse serves as auction hub for returned goods at deep discounts
Online auction hub AllSurplus Deals opened Nov. 17 in a Plainfield warehouse to sell returned and overstock items directly to the public.
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University of Notre Dame names new president
The Rev. Robert A. Dowd will be the next president of the University of Notre Dame, succeeding current President John Jenkins.
Slowest housing market in years weighing on consumer spending
Home loan rates have started drifting lower amid growing hopes the Fed will start to expand the money supply again next year, but it could take years for the housing market to return to normality.
IEDC sponsoring Bloomberg climate talk at COP28
The Indiana Economic Development Corp. is one of seven sponsors of a two-day event happening against the backdrop of the United Nations Climate Change Conference in Dubai.
Biz economists predict cooling inflation, recession avoidance
Only 24% of economists surveyed by the National Association for Business Economics said they see a recession in 2024 as more likely than not.
WTHR meteorologist Greene signs off after 10 years at WTHR
Kelly Greene has been delivering TV weather forecasts in Indiana for the past two decades,
OxyContin maker’s bankruptcy deal hits Supreme Court, with billions at stake
The agreement hammered out with state and local governments and victims would provide billions of dollars to combat the opioid epidemic. The decision also has implications for other major product liability lawsuits settled through the bankruptcy system.
IBJ Podcast: How Westfield resident Joey Chestnut makes a good living in competitive eating
Chestnut is the first to admit that competitive eating is a little weird, but he has a natural affinity for it, and it allows him to make hundreds of thousands of dollars a year.
Indiana Pacers assistant Jim Boylen thankful for USA Basketball coach of year award
Boylen had 52 different players and seven different assistant coaches over the span of the World Cup qualifying tournament. Those groups did their job; they got the U.S. into the World Cup.
U.S. joins other nations in swearing off coal power to clean the climate
No date was given for when existing coal-powered plants would have to go, but other Biden regulatory actions and international commitments already in the works had meant no coal by 2035.
Jury orders egg suppliers to pay $17.7 million in damages for price gouging in 2000s
Indiana-based Rose Acre Farms, determined by a jury to be part of the conspiracy, said it would continue to consider all legal options, including post-trial relief and appeal.
Indy’s retail real estate market is bouncing back after pandemic
Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.
Will AI laws protect consumers or stifle innovation?
Local tech founders and funders have diverse and nuanced opinions on whether new laws governing AI are necessary or whether effective legislation of the technology is even possible.
Paramount Theatre rallies once more in downtown Anderson
Following an era of diminished star power , notable names are showing up on the theater’s marquee: Buddy Guy, Melissa Etheridge and Kenny Wayne Shepherd among them.
Eskenazi Health raising $60M to close health gaps
In March, Eskenazi Health launched a fundraising campaign to help it move the needle on health disparities. As of last month, its foundation had raised $57 million.
Second attempt at downtown fee appears poised for council passage
A new proposal to impose a fee on downtown property owners for initiatives aimed at public safety, cleanliness and homelessness in the Mile Square is gaining steam among Democrats on the City-County Council.
IndyGo CEO Inez Evans leaving after four years leading transit agency
Jennifer Pyrz, chief development officer for IndyGo, will become interim CEO after Evans’ departure.
Fed’s Powell notes inflation is easing, but says further progress is needed
Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said in prepared remarks Friday.
Proposed rules aimed at curbing China could make it harder to get full EV tax credit
Plans outlined by the departments of Treasury and Energy would limit electric vehicle buyers from claiming the full tax credit if they purchase cars containing battery materials from China and other countries that are considered hostile to the United States.
Elevate Ventures planning a slightly slimmed-down Rally conference for 2024
Based on data from a newly released report about its first-ever Rally innovation conference, organizer Elevate Ventures likely will trim its programming offerings and schedule fewer simultaneous programs.