T-Mobile says data on 37 million customers stolen
T-Mobile, which has been has been hacked multiple times in recent years, said in a filing with the U.S. Securities and Exchange Commission that the breach was discovered Jan. 5.
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Outspoken critic of Indianapolis Library board now a member
Stephen Lane, an advocate with the Party for Socialism and Liberation, was appointed Thursday to the Indianapolis Public Library Board of Trustees by the Indianapolis Public Schools Board of Commissioners.
Feds reject Lilly’s fast-track application for Alzheimer’s drug
Donanemab’s ability to rapidly remove amyloid beta from patients’ brains prevented the required number of patients from receiving the drug for a full 12 months, Lilly said, resulting in the FDA rejection.
U.S. union membership rate hits all-time low despite campaigns
Automation, outsourcing and lower unionization rates in traditional union strongholds, like auto manufacturing, are among the reasons for the steady decline.
Hospitality industry icon Bruce White, who developed key downtown Indy hotels, dies at 70
White founded White Lodging in 1985 with a single hotel in Northwest Indiana and grew the company into one of the industry’s largest privately held development, ownership and management companies.
20 years later, life goes on for obscure album made by Indiana artist
A Grammy Award nomination and the fandom of LCD Soundsystem’s James Murphy factor in the improbable story of ‘The Clouds.’
UPDATE: Indiana’s top court hearing challenge to state abortion ban
A top state lawyer on Thursday urged the Indiana Supreme Court to uphold the state’s Republican-backed abortion ban, even as the justices weighed whether they should decide its constitutionality before lower courts have fully considered the case.
Indiana lawmakers weigh bill to create universal school choice program
Testimony heard in the Senate education committee raised questions about how much universal education scholarship accounts would cost and whether the state can afford to fund all students who are eligible to participate.
Central Indiana sees 10.2% decline in existing-home sales in 2022
Sales of existing homes in the area have now fallen on a year-over-year basis for the past 11 months and have seen double-digit percentage decreases for six straight months.
U.S. filings for unemployment benefits hit four-month low
Employers are holding on to their workers despite the Federal Reserve’s efforts to slow the economy and tamp down inflation.
U.S. Treasury buys time for Biden, GOP on debt limit deal
The countdown toward a possible U.S. government default began Thursday with Treasury implementing accounting measures to buy time as frictions between President Joe Biden and House Republicans raise alarms.
Indianapolis construction biz relocates subsidiary to Lebanon
Johnston Quick Mix is an operating unit of Indianapolis-based Mattingly Concrete Inc., which was founded in 1987 by Dan and Liz Mattingly.
Elanco CEO says ‘another level of urgency’ needed to improve downtown
Speaking during a luncheon hosted by the Economic Club of Indiana on Wednesday, Elanco CEO Jeff Simmons addressed downtown’s struggles with homelessness, infrastructure, talent attraction and retention, and real estate.
Indiana Senate panel advances bill protecting donor privacy
Not-for-profit organizations in Indiana would be permitted to keep the identity of their members and donors secret under a bill now advancing through the Indiana General Assembly.
AES Indiana agrees to chop cost to customers of plant outages by $57M
Indianapolis-based utility AES Indiana has agreed to reduce the amount it will charge customers for costs related to the breakdown of its newest power plant from $71 million to $13.7 million under a settlement agreement approved Wednesday by state regulators.
ACLU drops court challenge to Indiana trans sports ban
The ACLU said it stands by its arguments that the Indiana law violates federal Title IX protections—and indicated that it could file future legal challenges on behalf of other transgender students.
Microsoft layoffs suggest broader pain to come for economy
The tech giant is the latest to cut workers amid economic uncertainty that has taken a heavy toll on the tech, finance, media and housing sectors.
Fed’s Mester: Rate hikes have begun to quell U.S. inflation
Loretta Mester, a key Federal Reserve policymaker, said further rate hikes are still needed to decisively crush the worst inflation bout in four decades.
December retail sales fall 1.1% as inflation takes toll
Americans cut back on spending in December, the second consecutive month they’ve done so, underscoring how inflation and the rising cost of using credit cards slowed consumer activity over the crucial holiday shopping season.
Downtown’s Allen Plaza sold to local investment group
The building’s 58,800 square feet of office and retail space is now mostly vacant, following exits in recent years by Scotty’s Brewhouse, HomeAdvisor and third-party logistics company Backhaul Direct.