Central Indiana existing home sales continue downward slide
In Marion County—the most active market in central Indiana—closed sales of existing homes in September were down 16.1% on a year-over-year basis.
IBJ Staff
Articles
Former Global Gifts chief to lead Hoosier Environmental Council
Sam Carpenter succeeds Jesse Kharbanda, who led the organization for more than 14 years before stepping down early this year.
Slowdown escalating for Indianapolis homebuilders
Single-family building permits have fallen on a year-over-year basis for the past nine months and in 12 of the past 14 months.
Lilly lands Fast Track designation for potential blockbuster drug
Indianapolis-based Eli Lilly and Co. announced Thursday that it has received a Fast Track designation from the U.S. Food and Drug Administration to investigate its diabetes drug tirzepatide for the treatment of adults with obesity.
Boys & Girls Clubs in Indiana get $30M grant from Lilly Endowment
The gift is the largest ever received from a single foundation by Boys & Girls Clubs of America in its 160-year history, the group said.
Elevance Health must face federal suit alleging Medicare Advantage fraud
In a ruling announced this week, Judge Andrew Carter of the U.S. District Court for the Southern District of New York said Elevance failed to show the lawsuit should be dismissed for lack of materiality.
COVID boosters offer 4 to 5 months of protection, study finds
The national study co-authored by researchers at Indianapolis-based Regenstrief Institute and other agencies across the country was designed to gauge the effectiveness and durability of the third and fourth doses of COVID vaccine boosters.
O’Laughlin, former Indianapolis clerk and Indiana treasurer, dies at 93
Marjorie O’Laughlin’s political career began when she was asked by mayoral candidate Richard Lugar, a classmate from Shortridge High School, to run for city clerk in 1967.
Meeting and Event Planning Guide: Savoring the deal: Where executives do business meetings
Many business meetings happen over a great lunch or dinner—and sometimes, breakfast. But with all the choices in the Indianapolis restaurant area, it can be hard to decide where to go when you want to woo a client. We asked local business execs where they go when they need to close a deal. Of course, […]
Indianapolis-area insurance broker charged in $4M Ponzi scheme
Former insurance broker Brian Simms of Lebanon was arrested Wednesday after being charged with six counts of wire fraud by a federal grand jury.
Huber to leave Indy Chamber, join IU as vice president
Indiana University said Michael Huber—who previous served as former Mayor Greg Ballard’s deputy mayor for economic development—will lead government relations efforts at the state and federal level as well as economic engagement.
Area homebuilders see 8th straight month of falling construction permits
Rising mortgage rates, supply-chain issues, increasing costs and limited lot availability are hampering the market, according to industry experts.
Lawrence Mayor Collier says he won’t seek third term
Steve Collier, a Republican and lifelong resident of Lawrence, said it was time for his second retirement after 33 years in education followed by more than a decade in public office.
Carmel City Council president announces run for mayor
Kevin “Woody” Rider is a 35-year Carmel resident who is in his fourth term as an at-large Carmel city councilor. He is also a member of the Carmel Plan Commission.
Westfield names bidders for Grand Park Sports Campus
The city of Westfield announced that seven proposals are under consideration from bidders interested in acquiring Grand Park Sports Campus or operating it through a public-private partnership.
Salesforce donates $1M to IPS for emotional, mental health
IPS is expected to use the money to create sensory-friendly environments for struggling students, peer mentors and professional development sessions on social and emotional learning.
Sale of former DeHaan estate closes, sets state record at $14.5M
The price was the highest ever paid for a private estate in Indiana history, according to listing brokerage Encore Sotheby’s International Realty.
Indiana unemployment rate continued slow rise in August
An estimated 95,096 Hoosiers are currently unemployed and seeking jobs, the state reported Friday. That’s up from 87,889 in July.
New off-price fashion retailer Daily Thread to open Circle Centre store
Parent company NYC Alliance Group, which owns several clothing brands, began opening Daily Thread stores in the Midwest a year ago and has already grown the chain to more than 40 stores, including at least five in Indiana.
Italian manufacturer expands plan for Fishers by $367M, 265 workers
City officials said Stevanato Group wants to increase its total investment in its Fishers plant to $512 million and its hiring plan to 515 employees. The facility is under construction near 126th Street and Cumberland Road.