Los Angeles-based startup behind proposed Martindale-Brightwood data center
The company describes the data center planned for 2505 N. Sherman Drive as “state-of-the-art” and “high-density” with an air-and-water-based cooling system.
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Budget panel OKs $15.8M for upgrades at immigration detention site
New details on the state’s contract with ICE show Indiana could make millions of dollars on the detention-site deal.
Franklin Township school district flips position, now supports Google data center development
As a critical vote by the City-County Council approaches on whether to rezone 467 acres for Google’s proposed billion-dollar data center, the local school district has changed its stance on the project.
Federal Reserve cuts key rate by quarter-point, signals two more cuts this year
The move is the Fed’s first cut since December and lowered its short-term rate to about 4.1%, down from 4.3%. The central bank’s focus has shifted quickly from inflation to jobs, as hiring has ground nearly to a halt in recent months
Former IndyStar reporter Ryan Martin returns as executive editor
Martin was part of a team of journalists from IndyStar and three other news organizations that won the 2021 Pulitzer in the category of national reporting.
Commission unanimously approves $18M bailout for Gold Building developers
IBJ reported earlier this week that the developers faced foreclosure on the Gold Building and its two adjacent properties without the loan.
Amazon spending $1B to increase pay, lower health care costs for workers
The company said full-time employees, on average, will see their pay increase by $1,600 per year.
Cadillac F1 team announces multiyear partnership with Jim Beam
The deal follows a June announcement in which Tommy Hilfiger, an American fashion brand, was named the official apparel partner for the Fishers-based team that will debut on the Formula 1 grid in 2026.
Kentucky-based retailer to open at former east-side RoomPlace store, warehouse
Big Sandy Superstore, which sells furniture, appliances, mattresses and electronics, opened its first area store last month in Plainfield.
Henke Development proposes community with 360 homes in Zionsville
If approved, Maple Lane Club of Bradley Ridge would be Henke Development’s fourth major residential project in Zionsville.
Carmel-based Splenda maker Heartland Food acquires Slimfast US brand
Slimfast, founded in 1977, is known for its once-popular line of meal-replacement shakes, but the brand has struggled with the emergence of new weight-loss pharmaceuticals.
Lilly’s GLP-1 pill beats older Novo diabetes drug in head-to-head trial
Eli Lilly and Co. and Novo Nordisk have been locked in a fierce battle to control the obesity market, which is projected to reach $100 billion by the end of the decade.
Cook to design interventional MRI devices in pact with Siemens Healthineers
The companies are creating the Interventional MRI Suite, the first integrated, ionizing radiation-free product providing clinicians with real-time guidance for procedures.
Indiana Supreme Court sides with estate of intoxicated man run over by IndyGo bus
A divided Indiana Supreme Court on Monday reversed an appeals court decision and upheld a $700,000 judgment.
Anderson awarded $45M for water infrastructure improvements
The state funding package will help pay for a slew of water infrastructure improvements, including a new water plant, new water wells and the replacement of all lead pipes.
Strip club executives accused of bribing tax auditor with private dances, other perks
Publicly traded RCI Hospitality owns and operates more than 60 clubs and sports bars and restaurants across the country, including PT’s Showclub Indianapolis, at 7916 Pendleton Pike.
Paper checks going away soon for Social Security, most federal payments
The government estimates the move will save millions of dollars a year because electronic payments are much more cost-efficient.
Fishers 2026 budget proposal includes funding for new city positions, raises
The budget proposal presented by Mayor Scott Fadness to the Fishers City Council for next year also contains funding for seven road projects, including multiple roundabouts.
Fever extend playoff series against Dream to 3rd game with home blowout victory
The Fever hosted their first playoff game since 2016 and fed off the energy of the rowdy crowd at Gainbridge Fieldhouse to earn their first postseason win since Oct. 11, 2015.
Carmel estate of late Colts owner Jim Irsay sold for $11.75M
The 9.4-acre property was listed July 30 for $12 million and a sale was pending five days later. The property bordering Crooked Stick Golf Club features a 25,843-square-foot main residence and a 2,700-square-foot guest house.