Home improvement firm New Bath Today acquired by Atlanta firm
Brothers Mike and Ryan Redman started Indianapolis-based New Bath Today as a spinoff of their contracting business in 2016 and it has been growing quickly ever since.
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Longtime Hamilton County councilman loses seat
Mark Hall defeated five-term incumbent Hamilton County Councilman Steve Schwartz in the District 3 election. District 3 includes Noblesville, Jackson and White River Townships.
UPDATE: Garrison defeats incumbent Hamilton County prosecutor
Hamilton County will likely have a new prosecutor next year as well-funded former radio talk show host Greg Garrison appeared headed to victory against a three-term incumbent in Tuesday’s Republican primary election.
Penske Automotive acquires Terry Lee dealerships in Noblesville
The acquisitions of Terry Lee Hyundai and Terry Lee Genesis closed on Tuesday. Lee, who has owned car dealerships since 1995, said the sale marked his departure from the automotive sales business.
Cummins: Suspending Russian operations cost it $158M in first quarter
Cummins made the disclosure in its first-quarter financial report. Profit dropped in the period, but sales hit a record high. The company also said interest in its emerging hydrogen business is growing.
Not-for-profit to build women’s recovery housing on west side
The Indianapolis facility is expected to provide housing and support for up to 11 women who will live with their children.
Economic outlook for agricultural economy mixed
Sentiment of the agricultural economy among farmers ticked higher in April, but they are still showing less confidence than they did a year ago, according to the monthly Purdue University/CME Group Ag Economy Barometer.
Fire department planning to vacate Broad Ripple station for new firehouse on College
City officials plan to get public input on potential reuses for the 100-year-old home of Fire Department Station No. 32 at 6330 N. Guilford Ave.
U.S. employers post record employment openings, job quits
Employers posted 11.5 million job openings in March, more evidence of a tight labor market that has emboldened millions of American workers to seek better paying jobs and contributed to the biggest surge in inflation in four decades.
Report: Draft opinion suggests high court could overturn Roe
The draft opinion in effect states there is no constitutional right to abortion services and would allow individual states to more heavily regulate or outright ban the procedure.
Amazon workers vote against unionization in New York
Labor organizers and experts say they expect the momentum to organize at Amazon’s more than 1,000 warehouses across the country to continue despite the loss.
When moms out-earn their husbands, they gain more housework, study says
The study used research from the Institute of Family Studies and examined the relationship between spousal income and division of housework from more than 6,000 dual-income, heterosexual married couples between 1999 and 2017.
Spirit Airlines rejects JetBlue’s $3.6B bid, citing concerns over federal approval
The board of Spirit Airlines said it would continue to pursue a merger with Frontier Airlines.
U.S. energy chief touts $3B plan to boost EV batteries
U.S. Energy Secretary Jennifer Granholm said the new program will offer grants to companies that process or recycle battery components to increase domestic supplies of a market now dominated by China and other countries.
Pandemic continued to financially punish Indiana hospitals in 1st quarter
Indiana University Health lost $29.8 million, and Community Health lost $28.5 million during the quarter, as both systems postponed surgeries to deal with the rising number of COVID-19 cases.
First Internet Bank’s acquisition deal with Georgia bank terminated
First Internet announced in November that it planned to acquire Georgia-based First Century Bank for about $80 million. But when it became necessary to extend the closing date, the parties couldn’t agree on extension terms.
Black businesses booming as pandemic recedes
In the early months of the pandemic, Black-owned small businesses closed at twice the rate of other businesses. But in 2021, Black-owned small businesses were created at the fastest clip in at least 26 years.
Sneakers, elastic pants: People alter office wear amid COVID
After working remotely in sweats and yoga pants for two years, many Americans are rethinking their wardrobes to balance comfort and professionalism as offices reopen.
U.S. pediatricians’ group moves to abandon race-based guidance
In a new policy announced Monday, the American Academy of Pediatrics said it is putting all its guidance under the microscope to eliminate “race-based” medicine and resulting health disparities.
IBJ Podcast: The ‘surreal’ story behind filming supernatural thriller in West Baden
Host Mason King talks with Cook Group President Pete Yonkman and Pigasus Pictures CEO Zack Spicer about making a movie at—and about—the West Baden Hotel and why Cook Group execs got involved.