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Indianapolis Business Journal - January 26 - February 1, 2018

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In This Issue

Front Page

What could Amazon HQ2 bring to Indy? We asked experts to do the math.

A project of this size could actually change Indiana’s per-capita income. It could generate 30,000 spin-off jobs and produce hundreds of millions of dollars in state and local tax revenue.

Not-for-profits brace for impact of tax bill

Charities are waiting to see whether new tax changes, which will reduce the number of Americans who qualify to lower their federal tax bills by using a deduction for giving, will also reduce donations.


Top Stories

Wanted: Headquarters for prime Monument Circle spot

One of the most prominent office buildings downtown has become available for lease and is expected to generate plenty of interest from prospective tenants coveting a prized Monument Circle address.

Is radio smart enough to keep up with speakers?

The adoption of smart-speaker technology is sweeping across the country so rapidly that radio stations have had to incorporate the new device into their business strategy at cyber speed.

Foundation plots new life for theater

Under a Central Indiana Community Foundation plan, Theatre on the Square will cease producing shows and will instead find an arts group to manage its venue for other theater organizations.

Finish Line stock up, but underlying challenges remain

Deep discounting has become rampant in the athletic shoe and apparel industry—a reality that's weighing on the results of the Indianapolis-based chain.

Sun King plans specialty brewery, taproom at Yard in Fishers

Sun King Brewing Co. has downsized a previous plan to build a major brewery and tasting room in Fishers. It instead plans to open a smaller facility at The Yard at Fishers District that includes culinary incubator space for the overall development.

Judge: Developer can proceed with residential-retail project in Chatham Arch

A Marion Superior Court judge has ruled in favor of a North Carolina developer, after a neighborhood resident challenged his plans to build the project.


Focus

Fear, respect for Amazon fuels deals, alters corporate strategies across Indiana

More deals could be on the horizon as dozens of companies—including local powerhouses such as Simon, Eli Lilly and Anthem—game out what Amazon’s huge ambitions could mean for their bottom lines.

Mergers, acquisitions off to hottest start since 2000

North American companies, which fell out of favor among acquirers last year, are back on the shopping list in 2018, making up almost 60 percent of all announced transactions in 2018.


A&E, etc.

LOPRESTI: Brownsburg wrestler dominates his sport, eyes Olympics

Brayton Lee, whose love of wrestling started when he was 5, has lost one match in four years.

DINING: Vegging out on Virginia Ave.

Vegetarian oasis Three Carrots expands from City Market booth to sit-down eatery.

LOU'S VIEWS: Herron Galleries offers a mixed triptych of work

"Law and Order" set designer Michael Zansky's towering pieces fill the Berkshire, Reese and Paul Galleries.


Opinion

EDITORIAL: Companies should make good on hiring pledges

Corporate America, including some of Indiana’s top executives, implored Congress to give it a tax cut—a move businesses said would translate into more U.S. jobs and investment. Now that's occurred.

MORRIS: Public data should be published in newspapers

Moving all notices online would keep more people in the dark.

OWENS: Let’s make an Amazonian commitment

Regardless of how this pitch and Amazon’s decision work out, let’s use this excitement and momentum to envision an Indianapolis positioned well for the next 50,000 jobs created, whether those jobs come in a smiling box or not.

HILL: IndyGo plans must evolve

This is important stuff, way more so than whether we sell alcohol on Sunday.

FEIGENBAUM: Why firm, fair leadership matters at this point in session

Contrary to popular public belief, the session’s driving issue is not Sunday-alcohol or cold-beer sales expansion.

KIM: Tipping’s role in society perpetuates class system

The practice of tipping is ingrained in American culture but is a huge can of worms.

BOHANON & CUROTT: It’s buyer beware for Indy, other Amazon bidders

Just how much should public officials offer in their bid to lure Amazon?

LETTER: Poll shows Hoosiers have moved on redistricting issue

This issue is one in which Democrats and Republicans have starkly different preferences.

LETTER: An easy way to boost turnout

It is time for Hoosiers to be able to pick their legislators rather than politicians picking their voters.


In Brief

With $20M infusion, health analytics software firm plans to hire 100 by 2020

Indianapolis-based Springbuk expects to grow by leaps and bounds after landing a big package of venture capital.

IU Health expands specialty cancer program into new facility

The program is for patients with Stage 3 or Stage 4 cancer who had not had success with traditional treatments. Under the program, scientists analyze patients' genome, leading to a personalized treatment plan.

Greenwood broker banned for life from trading securities

Regulators say the broker violated industry rules by refusing to cooperate in the investigation of a customer complaint against him.


Records

Records for Jan. 26-Feb. 1, 2018

Here are the records listings for Jan. 26-Feb. 1, 2018.

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