FedEx reinstates profit forecast, but expects $1B hit as tariffs upend parcel business
FedEx is typically seen as a predictor of where the larger economy is headed because of its connections to businesses across the consumer and industrial sectors.
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18 residents of Fountain Square homeless camp housed via Streets to Home initiative, officials say
Additionally, some who had left the Leonard Street camp after initial closure notices and had relocated elsewhere in the neighborhood are also being connected to housing and services.
Indy councilors plan resolution to oppose AES rate hike. Will it make a difference?
The proposal appears to have bipartisan support. But it’s unclear how much the City-County Council, which has no actual authority over the utility, can truly influence the process.
Indianapolis-based WSI Technologies under new ownership
Indianapolis-based The September Group purchased the companies that would eventually create WSI—which offers secure audio and video recording solutions for public safety and child welfare organizations—in 2020.
ACLU of Indiana parts ways with executive director
The Indianapolis-based organization said it will use interim co-executive directors until a replacement for Chris Daley is found.
Glitch fixed that let some stories post early
The glitch, which went undetected internally for several weeks, has been fixed.
Trump, Xi set to discuss TikTok deal and future of US-China relations
The call might offer clues about whether the two leaders could meet in person to hash out a final agreement to end their trade war and provide clarity on where relations between the world’s two superpowers may be headed.
Arrow McLaren seeking tax breaks on $30M headquarters project
Arrow McLaren expects to make a total investment of $30 million in its new home at 7615 Zionsville Road and is seeking city and state incentives to help reduce the cost of the project.
UPDATE: Fever pull off upset in Atlanta, advance to semifinals of WNBA playoffs
Indiana will host at least one and possibly two games in the best-of-five semifinal playoff series.
Hamilton County voters will stay in precincts after vote center proposal dies
In order to pass, the proposal needed unanimous support from the Hamilton County Council, Commissioners and Election Board.
Pete Buttigieg rallies against redistricting in former home state of Indiana
A large crowd gathered inside the Indiana Statehouse on Thursday afternoon to see the former presidential candidate speak.
FTC sues Ticketmaster, saying it forces fans to pay more for concerts and events
Ticketmaster controls 80% or more of major U.S. concert venues’ primary ticketing, according to the FTC.
Indianapolis Symphony Orchestra season to begin with ‘Dolly Parton’s Threads’
The Indianapolis shows, Sept. 19-20, were among the first 11 announced for the concert that features orchestral arrangements of hit songs.
Uber Eats to launch drone meal delivery in partnership with Flytrex
The companies expect to begin deliveries in test markets by the end of this year.
Medicaid work requirements delayed until 2027 following federal action
Other parts of Indiana’s HIP 3.0 proposal are still under consideration, including an expansion on provider taxes, cost-sharing requirements and wellness incentives.
Average rate on 30-year mortgage falls again, dips to lowest level in almost a year
Mortgage rates have been mostly declining since late July amid expectations that Federal Reserve would cut rates for the first time since last year.
New bill seeks to restore millions in Medicaid funding to Indiana hospitals
Hospital leaders who spoke with Inside INdiana Business emphasized the bill wouldn’t increase funding, it would give hospitals access to funding that’s already been allocated.
Trial shows Lilly rival’s weight-loss pill could deliver same results as shots as companies race to market
Ahead of decisions by the FDA, both Novo Nordisk and Eli Lilly are readying production for their weight-loss pills, having been unable to keep up with demand for their shots that exploded in popularity.
North of 96th roundup: Voodoo Brewing, Indian restaurant among openings in northern suburbs
Multiple retailers, restaurants and other retailers and businesses recently opened or began planning new locations in the north suburbs of Indianapolis. Here’s a look:
Hamilton County delays plans for domestic violence shelter, citing property tax law
The new law is expected to lead to steep drops in property tax revenue for Indiana local governments, and the county expects it could lose out on $6.4 million in property tax revenue in 2026.