Closing, consolidating IPS schools could depend on condition, usage scores
The fate of more than 60 district schools may be determined in the coming weeks, as IPS grapples with declining enrollment in its traditional neighborhood schools.
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Chipmakers’ pandemic boom expected to slow as recession looms
Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade or more.
U.S. factory output increases for first time in three months
Tuesday’s industrial production report showed output of motor vehicles rose 6.6%, the most in four months. An easing of bottlenecks on semiconductor supplies is affording automakers more room to increase output.
Car-charging investment soars, driven by EV growth, government funds
More than $4.8 billion has been pumped into the electric-vehicle charging industry this year—a combination of roll-out announcements, debt financing, investment and acquisitions. And this is just the deals that have disclosed financial figures.
Firm plans 257 apartments, townhomes north of Indy airport
The site is just a few minutes from key employers in the airport corridor, including AAR Aircraft Services, Express Scripts, FedEx and Rolls-Royce.
American Airlines places deposit on 20 supersonic planes
American becomes the second U.S. customer for Boom after a similar announcement last year from United Airlines for 15 of the proposed planes, called the Overture.
Lennar Homes planning 53 townhouses at Fishers Marketplace
The three-story townhouses at Marketplace Towns would range from 1,700 to 2,200 square feet with an average cost of $400,000.
Egg prices falling fast in relief for U.S. consumers
Farms are repopulating birds that they had to kill during this year’s highly pathogenic avian influenza outbreak. The outbreak killed more than 30 million commercial and wild birds.
Nexstar Media Group to buy CW Network from Warner Bros., Paramount
The purchase underscores Nexstar’s commitment to traditional broadcasting at a time when TV is losing viewers to online services and other entertainment options. Nexstar, the nation’s largest local TV station owner, has two properties in Indianapolis.
Delayed raises and renovations: Small businesses face new uncertainties
The percentage of small-business owners citing an increasingly uncertain economic outlook rose sharply in July, while overall optimism remains near historic lows, according to data released last week by the National Federation of Independent Business.
Starbucks asks labor board to halt union votes temporarily
Starbucks on Monday asked the National Labor Relations Board to halt all union elections at its U.S. stores, citing allegations from a board employee that regional NLRB officials improperly coordinated with union organizers.
Curtis Hill, 4 other Republicans seek Walorski’s old Congressional seat
The GOP must nominate someone for the remainder of Walorski’s term, which ends Jan. 3, as well as someone for the next two-year term, which starts the same day.
State launches drive for breast-milk donors amid baby formula shortage
The milk drive, dubbed “Every Ounce Counts.” launched July 26 at Franciscan Heath Lafayette. The one-day event resulted in the collection of 4,100 ounces of human milk. More events are scheduled around the state in the coming months.
Study plots potential impact of Fresh Market planned by Cook Medical plant
The Indy Fresh Market, located at 38th Street and Sheridan Avenue, is expected to bring food, jobs and millions of dollars in investment to the Arlington Woods neighborhood, which is classified as a food desert.
‘Free’ job training can cost fortune for employees who quit
The debate over clawback contracts is taking place as part of a wider struggle between workers and employers in the U.S. economy.
Existing-home sales sink 12.1% in central Indiana
Median prices of homes sold in central Indiana ticked down slightly from June to July, but are still significantly higher than they were a year ago.
IBJ Podcast: Cake Bake Shop founder living Disney dream, but ‘leveraged’
In this week’s episode, Gwendolyn Rogers tells host Mason King she has put a lot on the line over the last eight years to establish and grow the brand, including a hefty financial commitment.
Iconic Ohio drive-in chain Swensons plans Indy-area debut
Forbes selected Swensons for “America’s Best Burger” in 1999, and Akron native LeBron James has spoken publicly about his affection for the restaurant on multiple occasions.
Indiana Fever close season with 18-game losing streak
The Fever finished the season with a 5-31 record, tying the WNBA mark for most regular-season losses.
Expanded IRS free-file system one step closer in Dems’ bill
Now that the IRS is set to receive nearly $80 billion through the so-called “Inflation Reduction Act,” the agency has the means to develop new systems to help Americans pay their taxes.