Democrat Vop Osili won’t seek council presidency again in 2026
The announcement is likely to fuel speculation that Osili is preparing a run for mayor, a possibility he has been coy about.
IBJ Staff
Articles
Food-production firm to close Indianapolis plant, terminate 168 employees
The Lancaster, Texas-based company, which makes heat-and-serve meals for grocers, was involved in a major recall of its products this year due to a deadly outbreak of listeria infections.
New-home applications fall for 3rd month in row in central Indiana
Four of the area’s nine counties saw increases in filings, but usual home- construction hotbeds Hamilton County and Marion County experienced decreases.
IBJ Media launches AI-related podcast
Hosted by entrepreneur Jayson Manship, “Authentic and Agentic” will explore how artificial intelligence is reshaping business, culture and daily life.
Charities, tell us about the donations you need
IBJ’s Holiday Wish List—our annual effort to connect nonprofits to people and businesses that can help them—will begin appearing in the Dec. 5 issue of IBJ and will reappear weekly through Dec. 19.
Borshoff co-owner, CEO to retire after 10 years at helm
Karen Alter, who has been with the locally owned marketing firm for nearly 30 years, will step down next year.
Attorney general sues over health code violations at massive Castleton apartment complex
The landlords of a 1,261-unit apartment complex that has twice been sold at state record prices are accused of endangering tenants by failing to address unsafe conditions.
Existing-home sales in central Indiana see October increase
Sales of existing homes in central Indiana were lifted last month by jumps in Hamilton, Boone and Hancock counties, according to MIBOR Realtor Association.
Dennis Bland is IBJ’s 32nd Michael A. Carroll Award recipient
Bland, the longtime leader of the Center for Leadership Development, will be honored at IBJ Media’s Innovate Central Indiana event at 11:30 a.m., Dec. 11, at the Westin Indianapolis. Tickets are still available.
IBJ to honor 23 C-suite executives at inaugural event
In total, 29 executives—including six CEOs of the Year—will be honored at a 5 p.m. event on Dec. 2 at the Indiana Roof Ballroom. Tickets are still available.
UPDATE: Eli Lilly stock reaches new high, tops $1,000-per-share mark
Lilly’s shares have taken off in the wake of several significant deals and after it received fast-track regulatory review for highly anticipated weight-loss pill orforglipron.
Mesh on Mass to close after 15-year run
Cunningham Restaurant Group said it was unable to reach an agreement on a long-term lease for the restaurant with the building’s owner.
IBJ Podcast: Percussionists beat path to Indy to celebrate their craft
Indianapolis will have rhythm to spare this week with more than 7,000 musicians participating in the Percussive Arts Society International Convention. In the latest edition of the IBJ Podcast, organizer Joshua Simonds discusses the record-breaking event, which will include drummers who play in the touring bands of Taylor Swift and Beyoncé.
Lilly Endowment offers up to $500M to Indiana colleges, universities for AI study, strategies
The initiative is expected to “support Indiana colleges and universities in their ongoing efforts to address the implications of a rapidly evolving technology in their institutions and the lives of their students,” Lilly Endowment said.
Emagine theaters acquired by Belgium-based cinema chain
U.S. movie theater chain Emagine Entertainment, which operates a luxury multiplex at Hamilton Town Center in Noblesville, has agreed to be acquired by Belgium-based cinema chain Kinepolis
Simon Property Group acquires remaining stake in Taubman Realty Group
Taubman, headquartered in Bloomfields Hills, Michigan, was founded in 1950 and grew into one of the largest owners of high-end shopping centers in the United States.
Church appeals historic preservation board’s decision to deny Holy Cross demolition
St. Philip Neri Catholic Church, which oversees the Holy Cross Church property, said it has requested a judicial review of a decision that prevents it from razing the historic building.
UPDATE: Jack’s Donuts businesses file for bankruptcy protection
Three related businesses operated by Jack’s Donuts owner and CEO Jack “Lee” Marcum III have filed Chapter 11 petitions, listing total liabilities of more than $20 million and assets of less than $1.6 million.
Early Learning Indiana finds new CEO within its own leadership
Erin Kissling currently serves as the organization’s chief learning officer, overseeing the group’s statewide education agenda and leading its 11 Day Early Learning schools.
Indiana lawmakers still working out logistics of special session, won’t meet Nov. 3
Per Indiana Code, legislators have up to 40 calendar days to conduct business in a special session.