Trump administration vying to own 10% stake in Intel after SoftBank’s $2B bet
The unusual deal that would deepen the Trump administration’s financial ties with major computer chip manufacturers.
Latest News
Articles
Fever’s Sophie Cunningham to miss rest of season with knee injury
Cunningham, a standout guard and a rising media personality, was injured during a road game against the Connecticut Sun on Sunday.
Indy officials to weigh rezoning request for planned data center project
The Metropolitan Development Commission also will consider granting a tax break for the first building planned for the complex, which has an estimated cost of $314 million.
Foundations step in to offer $37M lifeline to public media
President Donald Trump’s rescissions bill eliminated $1.1 billion in federal funding from PBS and NPR stations over the next two years.
Navient laying off 128 workers reporting to Fishers office
A Navient spokesperson told IBJ that about two-thirds of the employees affected work in Indiana, and the remainder are in other states but report to a management chain in Indiana.
Air Canada reaches deal with flight attendant union to end strike
The strike has been affecting about 130,000 travelers a day at the peak of the summer travel season.
Finance industry seeks overhaul of global crypto rules for banks
The rules, which include steep capital surcharges for banks that hold cryptocurrencies, were agreed upon in 2022 against a backdrop of crypto market upheaval and a string of scandals.
Indiana stood to get $130M for solar projects. The EPA canceled the program.
Nonprofit organizations in Indiana have spent two years preparing and were about to start putting up panels when EPA Administrator Lee Zeldin announced via social media that the program is being shut down.
Nexstar Media buying Tegna in $6.2B deal involving major owners of TV stations
Nexstar is the parent of Indianapolis Fox affiliate WXIN-TV Channel 59 and CBS affiliate WTTV-TV Channel 4. Tegna is owner of Indianapolis NBC affiliate WTHR-TV Channel 13.
Indiana’s House GOP congressional contingent lines up behind redistricting effort
Indiana’s entire House GOP congressional delegation pledged support Monday for President Donald Trump’s plan to craft new federal district maps in an attempt to pick up one to two additional Republican seats in 2026.
BWI affordable housing project gets initial incentive OK despite problems with previous phase
A developer under criticism for previous work on an affordable housing project on the near-northwest side of Indianapolis has received initial city approval for financing help on the development’s next phase, but with several new requirements.
Developers planning $88M active-adult apartment project in Carmel
Plans call for a five-story building with 210 age-restricted apartments, 12,000 square feet of amenity space, a 356-space parking garage and a 1.54-acre park and trail dedicated to veterans of the United States military.
Photon Automation launches energy-focused contract manufacturing division
The Greenfield-based company is expanding with a new division that will provide contract manufacturing and development services for the battery and energy storage industry.
Photo gallery: Inside the $710M Signia hotel, convention center expansion project
Exterior construction on the 38-story Signia by Hilton hotel tower is expected to conclude by the end of September. The project as a whole is about 50% completed, with work on the interior just getting underway.
WTHR names new president, general manager
The new general manager succeeds Michael Brouder, who had helmed the station since 2019.
AG Todd Rokita responds to state commission, denies any wrongdoing in disciplinary case
Indian’s attorney general “vehemently” disputed the state’s attorney disciplinary commission’s most recent charges against him in his response Friday to its complaint.
Meyer Shank Racing extends Marcus Armstrong’s contract after strong season
In his first year in the No. 66, Armstrong has logged 10 top-10 finishes and podiumed at Iowa Speedway. It was just the second podium of his IndyCar career.
MSNBC to change name as part of corporate divorce from NBC
The name change was ordered by NBC Universal, which last November spun off cable networks USA, CNBC, MSNBC, E! Entertainment, Oxygen and the Golf Channel into its own company, called Versant.
Traders Point covered bridge listed among state’s ‘10 Most Endangered’ landmarks
The Traders Point covered bridge was built around 1880 to allow travel above Fishback Creek near present-day West 86th Street east of Interstate 65.
WNBA’s labor battle gives young stars crash course in business
A wave of young players will play a large chunk of their careers under an collective bargaining agreement expected to be unprecedented after the league has seen dramatic growth in attention, ticket sales and viewership.