Indianapolis Business Journal

DECEMBER 11-17, 2017

When downtown’s upscale Cerulean stops serving on Dec. 31, it will mark the end of a brutal year for the local restaurant industry marked by an unusually high number of closings. Scott Olson links the local situation to the national restaurant recession. Also in this issue, Lindsey Erdody reports that Westfield is moving forward with a proposal from the mayor’s nephew to construct a baseball training facility at Grand Park Sports Campus. The curve ball: A local baseball training academy says it pitched a similar plan to the mayor before the city decided to seek proposals. And in A&E Etc., Lou Harry reviews two new breakfast spots in Carmel and Irvington.

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All eyes on Anthem after CVS megadeal

Pressure is building on the insurer to drop its conservative, bread-and-butter approach after one of its biggest rivals, Aetna Inc., agreed to be bought by drugstore chain CVS Health for $69 billion.

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GIGERICH: Make changes to venture capital tax credit

By making the tax credit refundable or transferable, investments in Indiana companies would become more attractive to investors at a time our 20 percent tax credit value is lower than that of many “best in class” entrepreneurial states.

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