Business News

Carmel cracking down on Airbnb-type rentals

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The city of Carmel is cracking down on short-term home rentals through Airbnb and similar websites.Read more

AP Source: GM to announce $1B factory investment, new jobs

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A person briefed on the matter says General Motors will announce a $1 billion investment in its factories that will create or keep around 1,000 jobs.Read more

Volkswagen to appeal landmark ruling in European court

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If upheld, ruling sets a costly precedent for the automaker.Read more


Lowe's announces nearly 2,400 layoffs for full-time workers

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North Carolina-based home improvement retailer Lowe's says it's told approximately 2,400 full-time workers that they will be laid off.Read more

People are losing their cool over Cadbury's new Oreo Creme Egg

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Easter is more than two months away, but that won't stop Cadbury, the famous chocolate manufacturer, from creating something a little special for their massive numbers of consumers.Read more

Vaping laws leave customers looking for other options

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Strict state regulations for e-liquid manufacturers that took effect in July may be causing customers to look elsewhere for their product.Read more

Wal-Mart to add about 10,000 retail jobs in the US

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Wal-Mart plans to add about 10,000 retail jobs in the U.S. as it opens new stores and expands existing locations.Read more

British American Tobacco agrees on takeover of Reynolds

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British American Tobacco Plc has agreed to fully take over Reynolds American Inc. on terms that are improved from an initial bid made last year.Read more

Saudi's Flynas to buy 80 Airbus A320neo planes in $8.6B deal

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Airbus says it has agreed to sell a total of 80 A320neo planes to Saudi Arabian low-cost airline Flynas in a deal worth $8.6 billion.Read more

Holiday returns get second life at central Indiana warehouse

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There's a lot of holiday returns that stores process in January, and they end up getting a second life at a warehouse right here in central Indiana.Read more

GOP leaders pledge vape law overhaul, subject of FBI probe

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Republican Statehouse leaders say they want to unwind stiff regulations they imposed on Indiana's vaping industry last year, which created a monopoly for one security firm.Read more

Space-X successfully launches satellites on Saturday

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Space-X successfully launched an unmanned rocket into space Saturday the Falcon 9 rocket blasted off from Vandenberg Air Force Base on the California coast.Read more