Supreme Court rejects appeal from Roundup maker over cancer claims
The decision by the justices not to intervene has implications for thousands of similar lawsuits against the company Bayer.
Latest News
Articles
Snap, crackle, pop: Kellogg to split into three companies
Kellogg’s had net sales of $14.2 billion in 2021, with $11.4 billion generated by its snack division, which makes Cheez-Its, Pringles and Pop-Tarts, among other brands. U.S. cereal sales have been waning for years.
U.S. charitable giving hit record in 2021, but inflation looms
The Giving USA report from Indiana University’s Lilly Family School of Philanthropy says donations in 2021 were 4% higher than the record-setting $466 billion contributed in 2020. But that amount was down 0.7% when adjusted for inflation.
Indianapolis, other cities go without lifeguards amid labor shortage
The American Lifeguard Association estimates the shortage affects one-third of U.S. public pools. That is expected to grow to half of all pools by August, when many teenage lifeguards return to school.
Boone County property owners asking Lebanon to annex hundreds of acres
The annexation requests come as the Indiana Economic Development Corp. pushes forward with its plans for the LEAP Lebanon Innovation and Research District.
Carmel City Council votes to ban pet stores from selling cats and dogs
City Councilor Adam Aasen said he wanted to make a proactive move to ensure animals from puppy and kitten mills can’t be sold in Carmel in the future.
Mondelez agrees to acquire energy-bar maker Clif for $2.9B
Clif Bar & Co. operates a major commercial bakery in Indianapolis that employs more than 400 workers. The plant at 7575 Georgetown Road received a $10 million expansion in 2019.
Indiana gas tax set to increase while state eyes inflation relief
Indiana residents will soon pay 62 cents per gallon in taxes on gasoline, the state Department of Revenue announced Monday.
JetBlue raises offer again in bidding for Spirit Airlines
Shareholders of Miramar, Florida-based Spirit are scheduled to vote June 30 on a bid from Frontier Airlines, and JetBlue is trying to convince investors to scuttle the agreement and drive Spirit into JetBlue’s arms.
WNBA owner, Anthem CEO among women athletes running businesses
Anthem chief executive Gail Boudreaux is among several female business leaders who say their background in sports has been a benefit in corporate leadership.
Crypto investors’ hot streak ends as harsh ‘winter’ descends
It’s a dizzying turn of events for investments and companies that at the start of 2022 seemed to be at their financial and cultural apex. The industry’s combined assets back then were estimated to be worth more than $3 trillion; today, they are worth less than a third of that. Maybe.
Elanco spinoff BiomEdit locates HQ in Fishers
BiomEdit, one of Indiana’s newest life-science companies, said Monday it will locate its headquarters in Fishers, but hinted it could eventually move to the new $100 million Elanco Animal Health headquarters campus now under construction in Indianapolis.
Biden says he’s considering gasoline tax holiday
The administration is increasingly looking for ways to spare Americans from higher prices at the pump, which soared last year and surged even further after Russia invaded Ukraine in February.
Developer plans three-month closure to speed redevelopment of Lafayette Square Mall
Sojos Capital said it has already begun multiple upgrades to the property, including replacing the roof, changing HVAC units, interior and exterior painting, and additional security enhancements.
Fort Wayne-based credit union to enter central Indiana market
Fort Wayne-based 3Rivers Federal Credit Union, which operates 21 branches in northeast and east-central Indiana, plans to spend $7.5 million to construct three branches in central Indiana.
Jules Muck, muralist who sparked controversy, returns to Indianapolis
Jules Muck, known for her “Muck Rock” tag, painted at the Indy Walls art center in Sacred Heart and at Fling Bungee Fitness in Noblesville.
Worldwide airline industry predicts profit in 2023, defying slowdown
While most carriers are enjoying bumper sales as customers flood back following the lifting of COVID curbs, taking leisure trips and catching up with friends and family, there are doubts about how long the surge will continue as high fuel prices push airlines to hike fares.
IBJ Podcast: Examining the $175M plan for downtown’s City Market block
For this week’s edition of the podcast, host Mason King talks with Scarlett Andrews, director of the Indianapolis Department of Metropolitan Development, and Eric Gershman, principal at Gershman Partners, about the project and the timeline.
Yellen: Recession not inevitable, gas tax holiday weighed
Treasury Secretary Janet Yellen is offering a dose of optimism even as economists grow increasingly worried about a recession fueled by skyrocketing inflation.
Inflation taking bite out of new infrastructure projects
Rising prices for materials such as asphalt, steel and iron pipes are driving up the costs to build roads, bridges, rail lines and water mains. The prices for some infrastructure materials have risen even faster than general consumer prices.