Chief executives at big public firms get average pay raise of 7% 3:13 PM
Pay for typical workers at these companies isn't rising nearly as quickly. The median increase was 3% last year, less than half the growth for the top bosses.
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IU Health hires another 13 neurosurgeons from Goodman Campbell11:56 AM
IU Health has been pushing in recent months to build its in-house team of neurosurgeons and will end its relationship in December with Goodman Campbell, which has provided a big part of neurosurgery services at hospitals and the medical school for the past nine years.
City's oldest municipal golf course to close at end of season12:38 PM
The impending closure of Riverside Golf Course—which opened in 1900 as only the fourth municipal golf course in the country—is part of the city's master plan for Riverside Park. The city's second oldest municipal course also is slated for closure.
Biotech comeback: Eli Lilly making renewed push in lucrative field it once pioneered
Lilly expects to soon announce late-stage clinical trial results for two biotech drugs designed to slow the inflammation caused by autoimmune diseases. By the end of the year, it will announce results for a third.
As Circle Centre turns 20, declining performance, anchor woes spur worry
Sales per square foot are down, the building itself is aging, and persuading the lone anchor, Carson Pirie Scott, to stay another three years required generous incentives.
Warnings about broker's tactics went unheeded
Several state employees openly questioned how John Bales' real estate brokerage did business long before the FBI launched an investigation that led to his indictment.
Last Updated Fri., May 24, 2019 - 3:21 PM
Chief executives at big public firms get average pay raise of 7% 3:13 PM
Pay for typical workers at these companies isn't rising nearly as quickly. The median increase was 3% last year, less than half the growth for the top bosses.
IndyCar to use Red Bull's aeroscreen for cockpit protection10:20 AM
The safety piece will virtually cover the open-air cockpit with a clear screen on a titanium framework. Its purpose is to protect the driver from flying debris.
FAA chief upbeat about prospects for Boeing 737 Max's return11:35 PM
Aviation officials from more 30 countries met with the FAA to hear the U.S. regulator's approach to reviewing changes that Boeing is making after two crashes that killed 346 people.
China says door open to trade talks, but slams tech controls
Seeking to rally support for its side in the tariff war, Beijing is vehemently protesting the Trump administration's decision last week to impose controls on exports of computer chips and other key components.
While NCAA stalls, game publisher forms college esports body
"League of Legends" publisher Riot Games has launched a governing body for its college and high school competitive video game activities. That follows the NCAA's decision to table its conversation regarding esports oversight.
Indiana attorney general misconduct decision months away
Lawyers for Indiana Attorney General Curtis Hill and the Indiana Supreme Court Disciplinary Commission met Wednesday with former state Supreme Court Justice Myra Selby, who is hearing the case.
Lilly begins selling half-price version of popular Humalog insulin
The fast-acting insulin, which diabetics inject shortly before each meal, is used by about 700,000 Americans.
Indiana sues billionaire family behind maker of OxyContin
The Indiana lawsuit was filed Monday against eight members of Sackler family who own Connecticut-based drugmaker Purdue Pharma.
Carmel synagogue vandal sentenced to 3 years in prison
Gov. Eric Holcomb cited the July 2018 incident in asking the state Legislature to pass a hate crimes bill.
$175 million solar power project planned for central Indiana
Officials announced Tuesday that plans call for Brooklyn, New York-based Ranger Power to build the solar project in Shelby County starting in 2022.
United States' delay to Huawei ban gives tech sector time to adjust
The United States is delaying restrictions on U.S. technology sales to Chinese tech powerhouse Huawei in what it calls an effort to ease the blow on owners of its cell phones and smaller U.S. telecoms providers that rely on its networking equipment.
FCC chairman backs T-Mobile-Sprint deal in key endorsement
Federal Communications Commission Chairman Ajit Pai said Monday he supported the $26.5 billion deal because the two companies promised to expand mobile internet access in rural areas and roll out 5G, the next generation of mobile networks.
Analysis: McLaren's failed Indy 500 effort was comedy of errors
McLaren CEO Zak Brown acknowledged Monday the team was woefully unprepared to qualify a car for the Indianapolis 500, and small oversights snowballed into the final result.
Alonso rejects McLaren's offer to buy him Indy 500 seat
McLaren, which was making its first return to the Indianapolis 500 since the 1970s, fired the president of its IndyCar operations Sunday night, after the team failed to gain a spot in the 33-car field.
Distillers among those welcoming end of tariffs in Canada, Mexico
American distilled spirits producers have gotten a shot of relief with an agreement that will end retaliatory tariffs that Canada and Mexico slapped on whiskey and other U.S. products.
Business groups target Dems in big lobby blitz for NAFTA replacement
Automakers, retailers and oil drillers are among the hundreds of companies that are rallying behind President Trump's latest pact with Canada and Mexico, which faces steep hurdles in Congress.
Ford cutting 7,000 white-collar jobs in major restructuring
The company said that the plan will save about $600 million per year by eliminating bureaucracy and increasing the number of workers reporting to each manager.
China's ban on scrap imports a boon to U.S. recycling plants
U.S. paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves.
China's technology tactics irk its trading partners
Europe, Japan and other trading partners object to President Trump's trade tactics but echo American complaints. They say China's practices violate its market-opening commitments under the World Trade Organization.
McLaren knocked out of Indy 500 on final run of qualifications
Kyle Kaiser, 23, in a dramatic last-gasp bid by tiny Juncos Racing, knocked Fernando Alonso off the bubble and ruined the day for McLaren, which was trying to make a comeback to the Indy 500 for the first time since the 1970s.
Owners split on guaranteeing spots in Indy 500
Some racing team owners firmly on the side of tradition, believing that 33 drivers should qualify for the Indy 500 based on pure speed. Others say too much is at stake to eliminate those who are committed to the entire IndyCar season.
Indiana jobless rate remains steady at 3.6%
Private sector employment in Indiana fell by 3,600 in April over the previous month, but is up more than 36,700 over the last year, the state said.
Trump delays imposing tariffs on auto imports, parts
The White House said Friday that President Trump is delaying for six months any decision to slap import taxes on foreign cars, a move that would hit Europe and Japan especially hard.
McLaren misses entire day of Indy 500 practice fixing car
McLaren had another miserable day preparing for the Indianapolis 500 as the team worked tirelessly in a failed effort to get Fernando Alonso on the track Thursday for Indianapolis 500 practice.
World-renowned architect I.M. Pei dies at 102
I.M. Pei designed landmarks around the world, including beloved buildings in Bloomington and Columbus, and a towering structure that stood in Indianapolis from 1972 to 2006.
Walmart reports best first quarter in nine years
Shares in Walmart Inc. jumped Thursday morning after the nation's largest retailer exceeded quarterly same-store sales estimates and saw online sales continue to climb.
Lugar lauded at funeral for advocacy of global peace
Vice President Mike Pence and Chief Justice John Roberts joined numerous other national leaders among several hundred mourners at Lugar's funeral Wednesday in his hometown of Indianapolis following his death last month at age 87.
McLaren off to rocky start in return to Indianapolis Motor Speedway
Under the leadership of Zak Brown, McLaren is back at Indy as an independent entrant for the first time since the 1970s, when it won three Indy 500s in 10 appearances before returning to England with a focus on Formula One.
UPDATE: Criminal probe opened into veterans' agency mismanagement
Marion County Prosecutor Terry Curry confirmed the investigation Tuesday. Three agency employees recently resigned following media reports about the department.
DePauw University's fundraising campaign raises $380 million
The campaign was launched in 2014. A cornerstone was support for student access and financial aid.
Late Sen. Lugar hailed as peacemaker ahead of Indiana funeral
A two-day tribute to longtime U.S. Sen. Richard Lugar began Tuesday with a military honor guard leading his flag-draped casket into the Indiana Statehouse Rotunda.
NCAA to consider allowing athletes to profit from names
The NCAA is looking at how its rules can be modified to allow college athletes to be compensated for their names, images and likenesses.
New security flaw in Intel chips could affect millions
Major tech companies Google, Apple, Amazon and Microsoft all released advisories Tuesday to instruct users of their devices and software, many of which rely on Intel hardware, on how to mitigate the vulnerabilities.
Misconduct case beginning against Indiana attorney general
A former state Supreme Court justice is set to take up allegations that Indiana Attorney General Curtis Hill committed professional misconduct by groping four women during a party.
Indiana farmers' crops being hindered by frequent rains
U.S. Department of Agriculture statistics show just 6% of this year's expected corn crop was planted as of May 12, far below the five-year average of 57%.
Indiana schools chief worries safety-grants increase won't be enough
Superintendent Jennifer McCormick said Monday the $19 million annual funding included in the new two-year budget will help, but cast doubts on whether it was adequate to cover costs for safety equipment, school police officers and threat assessment.
U.S. farmers who sell to China feel pain of Beijing's tariffs
On Monday, President Donald Trump told reporters that a new program to relieve U.S. farmers' pain is being devised and predicted that they will be "very happy."
Jury orders Monsanto to pay $2B in weed killer cancer case
The jury's verdict is the third such courtroom loss for Monsanto in California since August, but a San Francisco law professor said it's likely a trial judge or appellate court will significantly reduce the punitive damage award.
UPDATE: Stocks tumble as China increases tariffs on $60B in U.S. goods
With investors worried about the potential economic damage on all sides from the escalating trade war, the Dow Jones industrial average fell 617 points and the technology-heavy NASDAQ has its biggest drop of the year.
Supreme Court allows lawsuit over iPhone apps
A divided Supreme Court ruled Monday that consumers can pursue an antitrust lawsuit that claims Apple has unfairly monopolized the market for the sale of iPhone apps.
Franklin College exceeds $10M goal for science facility
The campaign is helping to pay for the 51,000-square-foot Franklin College Science Center, which fully opened in January after the renovation of Barnes Hall and the construction of an addition.
President of DePauw University announces plans to step down
Faculty members in November approved a resolution of no confidence in Mark McCoy over finances and his response to racist messages found last year.
Indiana joining other states in nursing licensing exchange
Indiana will recognize nursing licenses from most other states with a new law taking effect this summer.
Ex-Rep. Rokita, who voted to defund Amtrak, picked for board
A group that advocates for train passengers wants the Senate to reject the nomination of a former Indiana congressman for Amtrak's board of directors.
Indiana Attorney General Hill defends pay hikes for top aides
Curtis Hill said the raises are to reward performance and stay competitive, not to thank employees for sticking with him through controversy.
Court blocks deal banning Indiana sheriff's ICE cooperation
A federal appeals court has tossed out an agreement under which the sheriff's department in Indianapolis stopped detaining people based solely on U.S. Immigration and Customs Enforcement requests.
Trump says new China tariffs will help, not hurt, United States
President Donald Trump said Friday that trade talks between China and the U.S. were continuing in a "very congenial manner" despite new tariffs the U.S. imposed Friday on $200 billion in Chinese imports and Beijing's vow to retaliate.
Company plans $9M research facility in Crawfordsville
An Alabama-based company that makes pipes for water, oil and natural gas is planning to build the 30,000-square-foot research and development facility on 17 acres.
U.S. tariff increase on $200B of Chinese imports takes effect
President Donald Trump's latest tariff hikes on Chinese goods took effect Friday and Beijing said it would retaliate, escalating a battle over China's technology ambitions and other trade strains.
Trump administration taking aim at 'surprise' medical bills
President Donald Trump will begin a push Thursday to fight health care sticker shock by limiting the unexpected charges faced by insured patients when a member of a health care team that treated them is not in their insurer's network.
Blogs
Two Chicks Whisky Business opens Plainfield bakery
The shop is a made-from-scratch effort that started in a food truck. Also this week: 3 Brothers Pub & Grub, Macy's Backstage and Stein Mart becomes Amazon Hub.
Whitestown, Westfield rank as state's fastest-growing communities
Meanwhile, in terms of sheer numbers, three Hamilton County cities were among the top five Indiana communities in adding residents last year.
IU Health hires another 13 neurosurgeons from Goodman Campbell
IU Health has been pushing in recent months to build its in-house team of neurosurgeons and will end its relationship in December with Goodman Campbell, which has provided a big part of neurosurgery services at hospitals and the medical school for the past nine years.
A&E, etc.
IMOCA changes name, refines mission without home base
More than two years after vacating its base of operations in Fountain Square, the city’s museum dedicated to contemporary art has formalized its metamorphosis into a more nomadic organization.
Former Apple retail chief Ahrendts, an Indiana native, joins Airbnb board
Hancock County native and Ball State University graduate Angela Ahrendts joins the home-sharing startup after a five-year stint overhauling Apple Inc.’s retail operations.
World-renowned architect I.M. Pei dies at 102
I.M. Pei designed landmarks around the world, including beloved buildings in Bloomington and Columbus, and a towering structure that stood in Indianapolis from 1972 to 2006.
Indians moving forward on $8.3 million Victory Field project
The Indians will get a new club and additional space in their administrative offices with a multi-million-dollar project expected to start once the 2019 season concludes. The project has received approval from the Capital Improvement Board.
More A&E, etc.
FEATURED MAGAZINES AND SUPPLEMENTS
Forefront
Former state Superintendent Glenda Ritz, a Democrat, and House Ways and Means Co-Chairman Todd Huston, a Republican, debate whether lawmakers did enough to raise teacher pay. Bill Oesterle makes the case that Purdue University should try to build a space elevator and several columnists remember former Sen. Richard Lugar.
Health Care Heroes
This year's honorees range from a pediatric heart surgeon and a centenarian hospital volunteer to a free medical clinic and a program that matches disabled college students with paid internships.
Forty Under 40
Entrepreneurs, doctors and government officials join executives from banking, manufacturing and not-for-profits on IBJ's annual list of Indy's rising stars. See who made the list and learn more about how they earned their spot on it.
CFO of the Year
IBJ launched its CFO of the Year recognition program in 2008 to spotlight the crucial role that top financial executives play in helping Indiana companies, government agencies and not-for-profits develop strategy and flourish. This year's class is a diverse group that includes CFOs of a city, a hospital, a sports team and a law firm.
PROMOTIONAL SUPPLEMENTS
BioFutures
Indiana entrepreneurs and researchers are embracing the potential of regenerative medicine and helping solve the opioid crisis. Find out what's happening and catch up on the latest news from the state's growing life sciences economy in this publication of the Indiana Health Industry Forum.
Heart Health Awareness
In the Heart Health Awareness issue, you'll learn about: the danger sleep apnea poses to your heart, a little-known condition that can cause heart failure, and what you need to be aware of when it comes to women's heart health. You'll also find a "Heart Disease by the numbers" feature and a calendar of heart health events taking place throughout the month of February.
Giving Guide
Where can your time, talent and treasure do the most good? Our 2019 Giving Guide profiles 45 worthy organizations in Central Indiana that need your help.
Breast Cancer Awareness
In the Breast Cancer Awareness issue, you'll learn about a new procedure that eliminates the need for post-surgery radiation and find a "Breast Cancer by the numbers" feature complete with screening guidelines. You'll also find a calendar of breast cancer awareness events and learn about a volunteer opportunity designed to help cancer patients in need survive the disease with their dignity intact.
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