MARCH 3-9, 2023
The new headquarters site of Elanco Animal Health is buzzing with construction activity, but not everything at Elanco is quite as upbeat. John Russell reports that revenue has fallen in the last year and the firm’s share price has evaporated by two-thirds in the past 18 months. Also in this week’s paper, Susan Orr reports that Indianapolis-based Republic Airways and its flight school have sued dozens of former students the airline says failed to commit to fly with Republic after graduation. And Daniel Bradley outlines the changes in store for three northern suburbs with new mayors on the way.
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Investors wary as Elanco pins hopes on new products
Shares in the animal health care company have lost more than two-thirds of their value in the past 18 months, but Elanco says a bevy of new products in its pipeline will prove an era of strong growth is yet to come.
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Robotics curriculum initiative targets younger, nonwhite kids
A $2.6 million grant from the Indiana Department of Education, announced Feb. 21, will help expand a program offered by the IUPUI Luddy School of Informatics, Computing and Engineering.
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Republic sues flight school students over deal for reduced tuition
The Indianapolis-based airline and its flight school have sued a dozen former students the airline says failed to honor their commitment to fly for Republic after graduation.
Read More3 northern suburbs prepare to select new mayors
Change is coming to Carmel, Westfield and Zionsville as a trio of mayors prepares to step aside and a roster of candidates looks to fill those shoes.
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Mark Montieth: Mount’s 61-point performance part of Purdue basketball lore
It remains the single-game scoring record for a Big Ten player and stands as one of college basketball’s all-time-greatest shooting performances when the game’s meaning and opponent’s quality are considered.
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Neighboring office buildings on Mile Square’s south side sold to investor
The purchase of the Morrison Opera Place building puts an end to plans previous owner Bruce Bodner had to convert part of the property to apartments. An earlier plan for an 18-story addition was dashed due to the pandemic.
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Speedway considering gap loan for $35M Wilshaw hotel project
The upscale hotel project across from Indianapolis Motor Speedway has gone through numerous delays since being announced in 2015. A new developer took over in late 2021 but has yet to restart construction.
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CVS Health puts $10M behind Indy supportive housing project
The $10 million infusion will help create a 48-unit affordable apartment complex for low-income families and homeless young adults on the near-east side called St. Lucas Lofts.
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Indianapolis company sees significant opportunity in modular housing
Volumod sees modular housing as one way to tackle Indiana’s affordable housing shortage.
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Editorial: Lawmakers should abandon partisan school elections idea
Partisan politics at the state and national levels already have caused deep enough divisions among the citizenry, and there’s no need to do more to spread the discord.
Read MoreNate Feltman: Your feedback matters at IBJ Media
It might not always be obvious, but in the media business, we like when communication goes both ways.
Read MoreKate Pangallo: We must all be in the business of developing talent
More transparency of the region’s high-quality, high-need feeder roles from which workers can advance can make our region a place where the talent development and opportunity landscapes are as dynamic and exciting as the economy they fuel.
Read MoreKevin Teasley: It’s time to talk about the role of school districts
How can districts, not just IPS, continue to compete in a world where choices for parents are growing by leaps and bounds, and there is no end in sight?
Read MoreMandy Haskett: Leadership development shouldn’t just focus on leaders
Factors like toxic culture, bottlenecks, a lack of strategic clarity, lack of diversity, or cross-functional conflict act as organizational barriers that stifle your good people’s impact.
Read MoreMickey Kim and Roger Lee: Microsoft’s ‘Sydney’ chatbot shows the dangers of AI
At the same time, we can’t help but see the similarities between the hype surrounding how AI is going to disrupt the way we live and learn with the excitement over how cryptocurrencies were going to replace government-issued currencies and “de-fi” (decentralized finance) was going to render our current financial system obsolete.
Read MoreCecil Bohanon and John Horowitz: A price Americans might be willing to pay in Ukraine
Perhaps the most depressing aspect of the war is, there is no end in sight.
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T-shirt maker United State of Indiana to open north-side store
United State of Indiana owners Graham Brown and Grant Gilman will set up shop in Monon Station retail center and plan to sell a variety of goods celebrating the state.
Read MoreIU School of Medicine lands $215M in NIH funding, just shy of another record
Five of the top 10 research studies that received the most NIH funding at the medical school were for Alzheimer’s disease or brain aging, one of the school’s top priorities.
Read MoreBill seeking to study elimination of state income tax moves forward
The proposal would form the State and Local Tax Review Commission to study the feasibility of ending Indiana’s income tax and reforming property taxes for Hoosiers.
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Epcon Communities planning 150-home development in Zionsville
The Courtyards of Russell Oaks would be built on 97 acres along Russell Lake and be targeted at empty-nesters.
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Chocolate shop making return to its Mass Ave roots
The Best Chocolate in Town sweets shop will open informally this week in the same retail strip where it served customers from 2007 to 2020.
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Feds provide $2M to study reconnecting Indy neighborhoods fragmented by inner loop
The original Indianapolis inner loop construction in the 1970s displaced 17,000 people and destroyed more than 8,000 businesses and homes, according to the Department of Transportation.
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