Zionsville Town Council OKs homebuilder’s plan for 342-home development
Members of the Zionsville Town Council voted 6-1 to approve the Courtyards of Heritage Trail by Ohio-based Epcon Communities.
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Denny’s to be acquired, taken private in deal valued at $620M
The restaurant chain has about 30 locations in Indiana, including nearly a dozen in the Indianapolis area.
Indiana hardwood companies sign letter seeking tariff relief from federal government
Nearly two dozen Indiana hardwood businesses have joined hundreds of others nationwide in signing a letter to the Trump administration seeking direct relief from tariffs.
OpenAI and Amazon sign $38B deal for AI computing power
OpenAI will be able to power its AI tools using “hundreds of thousands” of Nvidia’s specialized AI chips through Amazon Web Services as part of the deal announced Monday.
UPDATE: Trump administration says it will pay out half of November’s SNAP benefits
SNAP regularly costs the federal government about $9 billion a month. But the federal shutdown, which has lasted more than a month, has affected the program because Congress has not appropriated new funds for it.
Indiana General Assembly to convene for redistricting talks in December
House Speaker Todd Huston and Senate President Pro Tem Roderic Bray announced Monday that rather than hold a special session, the Indiana Legislature will convene for an early start to its regular session.
Kyle Kirkwood signs multi-year extension with Andretti Global after breakout season
Kirkwood is the only driver to win titles in all three IndyCar development series in consecutive years.
Fishers-based company forms $1.4B partnership to produce rare earth magnets
The funding will support the production of advanced rare earth element separation, metallization and magnet manufacturing capabilities in the United States.
Simon Property Group acquires remaining stake in Taubman Realty Group
Taubman, headquartered in Bloomfields Hills, Michigan, was founded in 1950 and grew into one of the largest owners of high-end shopping centers in the United States.
Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7B consumer brands deal
The combined consumer health goods company is expected to generate about $32 billion in annual revenue.
Gov. Braun’s post-election committees raise hundreds of thousands from Indiana business leaders
The latest federal filings show more than $430,000 was raised through Team Braun, a joint fundraising arm.
Eli Lilly to build $3B manufacturing site in Netherlands
The facility is expected to produce oral medications, including Lilly’s highly anticipated GLP-1 pill for weight loss, orforglipron.
Local leaders plan pitch for downtown casino, circle potential sites
Sources tell IBJ that tax revenue from a new casino could help pay for potential upgrades to Lucas Oil Stadium as well as a soccer stadium on the east side of downtown.
Flight delays persist as government shutdown leads to air traffic controller shortages
U.S. Transportation Secretary Sean Duffy has been warning that travelers will start to see more flight disruptions the longer controllers go without a paycheck.
AI has the nation’s largest employers putting their workers on notice
Walmart CEO Doug McMillon warned at a company event in September that AI is set “to change literally every job” and that his workers would have to adapt.
Church appeals historic preservation board’s decision to deny Holy Cross demolition
St. Philip Neri Catholic Church, which oversees the Holy Cross Church property, said it has requested a judicial review of a decision that prevents it from razing the historic building.
Judges order Trump administration to use contingency funds for SNAP payments during shutdown
The rulings came a day before the U.S. Department of Agriculture planned to freeze payments to the Supplemental Nutrition Assistance Program.
Abrupt crane bay demolition at former GM stamping plant site caught many off guard
It took only a five-line clause in the state’s August land sale to Elanco Animal Health to bring down what was left of a nearly 100-year-old crane bay along the western bank of the White River.
Carmel mayor, councilors aim to get past internal discord
Carmel’s elected leaders are working to mend differences after a contentious budget-writing season during which conflicts arose and disagreements played out in public.
For fishing rod entrepreneur, fun is the bottom line
In fact, Smith founded and sold his first fishing-based company, which made lures, before he graduated from college.