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.
IBJ Staff
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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.
National FFA extends convention commitment to Indy until at least 2040
The announcement was made during the kickoff event for the 98th National FFA Convention & Expo, which is expected to bring more than 71,000 FFA members, advisers, alumni and supporters to Indianapolis from across the country.
New-home applications fall for 2nd month in row in central Indiana
Only three of the area’s nine counties saw increases in filings, including Hamilton County, which broke a six-month streak of declines.
Braun announces date for special session for redistricting vote
The expected move follows months of lobbying by the Trump administration for Indiana to redraw its congressional map.
Old National’s Jim Ryan leads list of IBJ’s inaugural CEO of the Year winners
The leaders of a tech firm, an electrical contractor and a moving company are also among the six executives who will be honored at IBJ’s CEO of the Year and C-Suite Awards program on Dec. 5 at the Indiana Roof Ballroom.
Hoye to retire after 22 years leading Indiana State Fair Commission
The Indiana State Fair Commission is conducting a search and accepting applications for Hoye’s successor. The commission said Hoye will help during the transition.
Lilly partners with Indian company to sell blockbuster weight-loss drug under new name
Per the agreement, the Indianapolis-based drugmaker will continue to manufacture the drug, which India-based Cipla will sell under a new brand name.
Indianapolis Airport Authority board OKs sale of heliport property
The sale is slated to close by the end of this year as part of a nearly $11 million deal meant to give city officials control of the 5.4-acre property.
Existing-home sales in central Indiana see September slip
Sales of existing homes in central Indiana dipped in September despite big jumps in Hendricks and Hancock counties, according to the latest data from the MIBOR Realtor Association.
Lach leaving Horizon League for executive role with Pacers Sports & Entertainment
Julie Roe Lach has been commissioner of the Indianapolis-based Horizon League since 2021 and also chairs the Indiana Sports Corp. board of directors.