Ex-IUPUI chancellor Paydar confirmed for education department job
Nasser Paydar, who was nominated to the post by President Joe Biden, will work under U.S. Secretary of Education Miguel Cardona.
IBJ Staff
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Butler to use $4M gift to build new presidential residence
The Jay and Christie Kile Love University House will serve as both a home for future Butler presidents and a venue for hosting fundraising and other community events.
Jury orders Lilly to pay $61M in whistleblower Medicaid fraud case
The cost to Indianapolis-based Eli Lilly and Co. would reach more than $183 million because cases brought under the False Claims Act triple the final judgment. Lilly said it plans to appeal and is confident that it will prevail.
Indy Chamber urges pause on abortion bill, says acting now could be ‘reckless’
The region’s largest business organization said in a statement that Indiana’s proposed abortion ban raises questions that will be difficult to address within the time limits of a special session.
Books & Brews chain continues to shrink with south-side closure
Planned closures on the south side of Indianapolis and in Zionsville will leave Books & Brews with just two locations, down from 10 in 2019.
Appeals court upholds decision in Roncalli discrimination lawsuit
The Chicago-based Seventh Circuit Court of Appeals has rejected a former guidance counselor’s discrimination claims against Roncalli High School and the Archdiocese of Indianapolis.
U.S. Senate passes bill to boost computer chip production in United States
Indiana Gov. Eric Holcomb praised the Senate’s vote in a written statement. Holcomb and state economic development leaders are rooting for the bill because the state would like to tap federal funding to land a $1.8 billion semiconductor plant at Purdue University.
The Freedom Forum podcast: Angela Smith Jones, vice president of diversity and inclusion for the Health & Hospital Corporation of Marion County
Jones explains how she has incorporated lessons from her previous role as deputy mayor of economic development for the city of Indianapolis into her new role focusing on DEI in the health care sector.
Food manufacturer plans $58M expansion, 90 new jobs in Lebanon
Ontario-based Skjodt-Barrett Contract Packaging LLC plans to expand its Boone County plant by 340,000 square feet.
UPDATE: Ex-U.S. congressman Buyer among 9 charged in insider trading cases
Stephen Buyer is accused in court papers of engaging in insider trading during a merger of T-Mobile and Sprint, among other deals. It said he leveraged his work as a consultant and lobbyist to make illegal profits.
Indiana unemployment rate inches up in June
Meanwhile, the state’s labor force participation improved from 62.6% in April and 62.9% in May to 63.1% in June, which was slightly higher than the 62.2% national rate.
Inside INdiana Business TV show to move to CBS4 as part of larger news partnership
As part of the partnership between IBJ Media and Nexstar, Inside INdiana Business and IBJ will also produce short business segments that will be aired three days per week on Fox59.
Area homebuilders see 6th straight month of falling construction permits
Applications for newly built houses are continuing to trail last year’s pace in central Indiana, but homebuilders remain busy, according to the Builders Association of Greater Indianapolis.
Indiana Sports Corp. promotes COO Talty to president
Patrick Talty replaces Ryan Vaughn, who stepped down after leading the organization since 2014.
IBJ Media’s inaugural list of influential Hoosiers includes CEOs, entrepreneurs, philanthropists
The list, available at Indiana250.com, was compiled by the executives, editors and newsroom staffs at IBJ Media’s three news brands—Indianapolis Business Journal, Inside INdiana Business and Indiana Lawyer—after a monthslong process that included reviewing nominations, researching Indiana organizations and interviewing community leaders across the state.
Hillenbrand exploring ‘alternatives’ for its funeral, burial subsidiary
In 2019, Hillenbrand officials told IBJ that Batesville accounted for about one-quarter of the corporation’s sales and 40% of its cash flow, but trends toward cremation were denting revenue.
Semiconductor maker planning $1.8B plant, 750 jobs in Indiana
The project stands to receive more than $70 million in state economic development incentives and will hinge on whether it lands federal funding though the Creating Helpful Incentives to Produce Semiconductors, or CHIPS, program.
Semiconductor maker to announce Purdue partnership
Gov. Eric Holcomb, Indiana Secretary of Commerce Brad Chambers and Purdue University President Mitch Daniels are scheduled to join executives from SkyWater Technology to make the announcement.
Former higher ed chief Lubbers joins Sagamore Institute as president
Jay Hein, who co-founded the not-for-profit institute with former U.S. Sen. Dan Coats in 2004, will move from president into the new position of CEO.
Police release details of Greenwood mall shooting, including identities of shooter, ‘good Samaritan’
Greenwood officials disclosed Monday afternoon that the shooter who killed three people at Greenwood Park Mall on Sunday evening—and then was shot and killed by a “good Samaritan” bystander—was a 20-year-old city resident who had a run-ins with police as a juvenile.