Former employee sues Kittle’s Home Furnishings after data breach
The plaintiff is seeking class-action status for the suit on behalf of those whose personally identifying information was compromised by the breach.
IBJ Staff
Articles
Eli Lilly’s weight-loss drugs no longer in shortage, FDA says
Lilly has been making the case since August that its tirzepatide-based drugs are now “commercially available,” which the FDA agreed on. But the agency warned that patients and prescribers might still experience “localized supply disruptions.”
Report: WNBA picks Caitlin Clark as Rookie of the Year
Clark had a record-packed season while leading the Fever to the team’s first playoff appearance since 2016.
Residential Real Estate: Marketplace stats for Sept. 27, 2024
In August, 992 homes were sold or pending in the Indianapolis metro area, according to Rocket Homes. That’s 11.3% fewer than were sold or pending in July.
Applications for new homes rise for 14th straight month in central Indiana
Led by big surges in applications in Hancock and Johnson counties, demand for new homes in the Indianapolis area continued to grow in August.
Law firm Taft growing again by merging with Denver’s Sherman & Howard
The merger will add 125 lawyers to Taft’s list of attorneys, which will grow to more 1,000 in 10 states.
Central Indiana existing-home sales see 6.8% August decline
After experiencing a rare month of rising transactions in July, central Indiana saw another down month for existing-home sales last month, according to the latest data from the MIBOR Realtor Association.
Carmel-based MBX Biosciences shares jump 48% in Nasdaq debut
The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity. Its positive reception on Wall Street was seen as an extension of the general enthusiasm for obesity treatments.
Jewish Community Relations Council names new executive director
David Sklar previously served as JCRC’s director of government affairs and then assistant director before leaving in 2021 to become director of government affairs for the Alzheimer’s Association Greater Indiana Chapter.
This year’s Home-A-Rama features high-end dwellings at Promontory of Zionsville
This year’s Home-A-Rama Home Show, which gets underway Thursday in the Promontory of Zionsville neighborhood, features five high-end dwellings from five different builders.
Indiana-based Wabash National faces $462M verdict in fatal 2019 crash
The trailer manufacturing company said its insurance policies should cover the $12 million in compensatory damages, but the punitive damages could materially hurt its financial condition, operations and cash flows.
Real Estate Weekly—Aug. 27, 2024
The following items were included in the Aug. 27, 2024, edition of IBJ’s Real Estate Weekly e-newsletter.
Real Estate Weekly—Sept. 3, 2024
The following items were included in the Sept. 3, 2024, edition of IBJ’s Real Estate Weekly e-newsletter.
Real Estate Weekly—Sept. 10, 2024
The following items appeared in the Sept. 10, 2024, edition of IBJ’s Real Estate Weekly e-newsletter.
Andretti SPAC completes $230M initial public offering
Andretti Acquisition Corp. II is a special purpose acquisition company (often called a blank-check company), or SPAC, formed with the intent of acquiring another company and taking it public.
Lilly names new chief financial officer
Lucas Montarce, who has been with Lilly since 2001 and most recently served as president for its Spain, Portugal and Greece operations, is now the company’s CFO and executive vice president.
Retailer Burlington set to open this week in downtown Indianapolis
The 23,000-square-foot store will take over space in the lower level of Claypool Court previously occupied by the Rhythm! Discovery Center.
IEDC to lead trade delegation to Taiwan as state opens economic development office in Taipei
The IEDC said officials will attend SEMICON Taiwan from Sep. 4-6, an event hosted by the international industry association SEMI. That group is bringing an event called SEMIEXPO in the Heartland to Indiana in 2025.
Olympians Biles, Thomas continue Indy trip with visit to Lilly
After taking in the Indiana Fever’s victory on Wednesday, Simone Biles and Gabby Thomas discussed teamwork on Thursday with thousands of employees for Team USA sponsor Eli Lilly and Co.
Rally Roundup: Pro race driver closes conference with insights, advice
It was his skill at a race-themed video game that landed Jann Mardenborough in the real-life racing world—but once he got there, Mardenborough still had a lot to learn.