Auto parts maker to close Indiana plant with 155 workers
The plant produces automotive switch-related components such as steering pad switches, power seat switches, hazards, and door lock switches.
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I Made Rock ’N’ Roll initiative to launch Black music festival in Indianapolis
Cultural firm GangGang and concert company Forty5 unveiled plans for I Made Rock ’N’ Roll during a Rock the Ruins show in Holliday Park on Friday night. Organizers said the festival will be the first of its kind in the United States.
Law firms see growing demand for advice on environmental, social investing issues
Business interests ranging from individual companies to investment funds are seeking legal advice on the drafting of internal compliance policies related to environmental, social and governance issues.
Utility expansion in HamCo’s tiny Bakers Corner could start development surge
Last year, Hamilton County announced a $45 million plan to extend sewer and water utilities to Bakers Corner. An additional $20 million from the state will allow the county to create a regional utility district.
Projects spur renaissance of North Mass, once considered eyesore of city’s past
In the past decade, the area has grown into one of the region’s hot spots, in part because a handful of developers is embracing the area’s industrial roots.
Worker shortage leads firms to hire more ex-offenders
More than ever, Indianapolis-area companies are becoming so-called “second-chance employers” willing to hire people with arrest records and providing additional services to ex-offenders needing first jobs.
Hoosier companies contributing to NASA’s mission to Mars
The space agency’s Artemis program aims to build sustainable moon infrastructure that can serve as a launching pad for human missions to Mars. Indiana companies from all over the state are helping to make the huge endeavor a reality.
Reggie Bush sues NCAA for defamation, wants Heisman Trophy back
The former University of Southern California star running back is suing the Indianapolis-based NCAA over a 2021 statement from college sports’ governing body about a “pay-for-play arrangement.”
Green District to exit central Indiana with closure of two salad restaurants
Green District, a salad restaurant concept founded in Louisville, has opened and closed five restaurants in central Indiana from 2019 to 2023.
Dems accuse tax-prep firms of undermining IRS effort on free-file returns
The IRS in May announced that it would launch a pilot program for the 2024 filing season to allow taxpayers to file directly to the agency for free.
Lucas Oil Stadium to remove, replace controversial turf next year
The NFL Players Association last year called on six venues to change their playing surfaces, saying the turf in those stadiums resulted in “statistically higher in-game injury rates.”
Convention Center, Lucas Oil Stadium operator eyes $180M budget
The Capital Improvement Board on Friday approved a $180.4 million budget for 2024, up from about $155 million last year.
Hogsett exploring abortion access options for city-county employees
What form the assistance might take is unclear, but the interpretation by the administration would appear to rule out directly providing city funds to reimburse travel and lodging expenses for employees who travel out of state for an abortion.
Powell: Economy’s solid growth could require additional Fed hikes to fight inflation
In a closely watched speech at Jackson Hole, Wyoming, Federal Reserve Chair Jerome Powell said the economy has been growing faster than expected and consumers are spending briskly—trends that could keep inflation pressures high.
Indianapolis startup Stellar helps customers use AI
Indianapolis-based Stellar is a tech services firm that helps companies implement artificial intelligence and other technologies into their operations. The startup launched earlier this year and emerged from stealth mode this week.
Dolly Parton Imagination Library kicks off statewide in Indiana
The program provides free, high quality, age-appropriate books to children from birth to age five on a monthly basis, regardless of family income.
Area homebuilders see first increase in permit filings since 2021
Six of the area’s nine counties had rising single-family building permit numbers last month, with big increases seen in Hendricks, Madison and Morgan counties.
New plaza at Gainbridge Fieldhouse opens with public events
Pacers Sports & Entertainment plans to host several public events this weekend, inviting residents and visitors to experience the new plaza.
Utility regulator staffer leaving to work as industry lobbyist
Ryan Heater has served as the IURC’s staff chief since 2019, but he’ll soon head to Indiana Electric Cooperatives to be the group’s vice president of government relations.
Results from Nordstrom, other retailer show cautious consumer spending
The reports come as shoppers are still dealing with high inflation and higher interest rates that are making it more expensive to take out a loan or carry debt on credit cards.