Smoke shop to open in Fountain Square building once earmarked for a liquor store
CBD and vape retailer Higher Grade operates two locations in Noblesville plus single stores in Fishers, Carmel, Avon and Indianapolis.
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These companies were affected by the Silicon Valley Bank crash
Among several businesses affected by the crash, Roku said it had about $487 million of its $1.9 billion at Silicon Valley Bank, about 26 percent of the firm’s cash as of Friday.
Ex-Indiana congressman Buyer convicted of illegal stock purchases
The verdict against Steve Buyer, a Republican lawyer who served in Congress from 1993 to 2011, was returned after a jury heard evidence about stock purchases he made after he became a consultant and lobbyist.
‘It’s hard to focus’: Schools say American kids are hungry
School cafeterias typically don’t turn away a hungry kid, but debts for unpaid school meals have been rising—showing the level of need, and raising questions about how schools will keep feeding everyone, without federal money to do it.
Silicon Valley Bank collapse leaves start-ups scrambling to pay workers
Flow Health employees were just a fraction of the thousands of people likely to be affected by the stunning collapse of Silicon Valley Bank on Friday, marking the second-largest bank failure in U.S. history and sending shock waves through the tech and finance worlds.
IEDC paying premium for farmland for Boone County tech district
The quasi-government entity has secured roughly 9,000 acres of land in Boone County for its LEAP Lebanon Innovation and Research District.
Purdue professor puts high-tech spin on old-time construction staple
Luna Lu and her team at Purdue’s Lyles School of Civil Engineering are among a handful of organizations worldwide dabbling in how to commercialize “smart concrete.”
Cunningham restaurant empire keeps growing
On the verge of opening its 40th restaurant, Indianapolis-based Cunningham Restaurant Group is set to do business in Bloomington for the first time and expand its presence in Plainfield and Greenwood.
New NCAA president: Indianapolis ‘perfect home’ for organization, more events
Baker, who officially stepped into the head role at the NCAA last week replacing longtime leader Mark Emmert, said he’s receptive to more of the organization’s championships being held in Indiana.
Silicon Valley Bank seized by FDIC as depositors pull cash
The bank failed after depositors—mostly technology workers and venture capital-backed companies—began withdrawing their money and created a run on the bank.
Westfield not planning to sell Grand Park Sports Campus
The 400-acre sports campus could still get a new operator or manager once a review committee recommends a company to the Westfield Redevelopment Commission and city council.
Report finds family caregivers provide $10.8B in unreimbursed care in Indiana
Most Americans are unprepared for long-term care as they age, relying heavily upon family caregivers to provide the support and assistance they need.
Franciscan Health names new central Indiana chief
In her new role, Lori Price will oversee four facilities: Franciscan Health Indianapolis, Franciscan Health Mooresville, Franciscan Health Orthopedic Hospital Carmel and Franciscan Health Carmel.
Only small fraction of children needing tutoring help receive it
As America’s schools confront dramatic learning setbacks caused by the pandemic, experts have held up intensive tutoring as the single best antidote. Yet, only a small fraction have received it.
Renewable energy advocates seek legislative daylight for more solar and wind farms
An Indiana Senate bill looks to provide incentives to encourage counties to adopt developer-friendly ordinances for solar and wind projects, but local objections persist.
U.S. adds robust 311,000 jobs despite Fed’s rate hikes
Nearly all of last month’s hiring occurred in services industries—from restaurants and hotels to retailers and health care companies.
Cummins expects big growth from its alternative-fuels business, CEO says
Cummins brought in $176 million—a tiny fraction of its overall revenue—from its electric and hydrogen products last year. But the company expects revenue to hit as much as $13 billion in 2030.
Does daylight saving time result in lower energy bills?
The notion of keeping the lights off for longer has always been linked with daylight saving time. But more recently, research has emerged to challenge the DST premise.
Biden calls for trillions in tax hikes, new domestic spending
The president’s budget calls for more than $2 trillion on dozens of new domestic policy initiatives, paid for by more than $4.5 trillion in new revenue, primarily through hefty tax hikes on high earners and large corporations.
Appeals court: State law supports OK for Duke’s $2B economic development plan
Duke Energy will be able to proceed with a nearly $2 billion economic development plan after the Court of Appeals of Indiana ruled a regulatory commission’s approval met the requirements of state law.