FEB. 8-14, 2019
IBJ's Forty Under 40 Class of 2019 is here! Entrepreneurs, doctors and government officials join executives from banking, manufacturing and not-for-profits on IBJ's annual list of central Indiana's rising stars. Also in this week’s issue, Hayleigh Colombo examines the tenure of Indiana University President Michael McRobbie, whose low-key style belies the dramatic transformation occurring under his watch. And Mickey Shuey check on the city progress in drafting a plan to transform the Castleton area.
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Despite low-key style, McRobbie has transformed Indiana University
Michael McRobbie has weathered the Great Recession, a higher education affordability crisis, and a nationwide reckoning about the very purpose of college in his 12 years as president.
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White River plan envisions ideas for more accessibility in Hamilton, Marion counties
A firm charged with drafting a plan to revitalize and activate the river in the two counties has unveiled a series of concepts that include both passive and active nature experiences.
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Eli Lilly negotiated its largest deal ever at breakneck speed
When the Indianapolis-based drug giant made its initial offer Dec. 20, it said it wanted to seal the deal before the J.P. Morgan Healthcare Conference, which ran Jan. 7-10 in San Francisco.
Read MoreQ&A with spine surgeon Rick Sasso, who won $112M court judgment
Dr. Sasso, president of Carmel-based Indiana Spine Group, had charged that the giant medical device maker Medtronic had shortchanged him on royalties.
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City seeks walkability, better flow in Castleton
Castleton remains central Indiana’s most expansive retail corridor, but does its retail focus—and its car-centric layout—suggest trouble lies ahead?
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Colts players trade cleats, pads for textbooks, course work
Dozens of players in the NFL—including three from the Indianapolis Colts—are hitting the books this offseason—and are being motivated by the league to do so.
Read MoreCraft-beer guru planning taproom in Greenwood with ax-throwing hook
The investor group behind Tap & Axe, which includes the founder of craft-focused Hoosier Brewing Co., expects to spend more than $500,000 in the end to buy and renovate its 109-year-old downtown location.
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Deal with Ozdemir paves way for Purdue Polytechnic High School to open in Broad Ripple
For at least one year, the school would operate out of a building just east of Broad Ripple High School that Ozdemir's Keystone Group is buying.
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Small firms put out for-sale signs
In central Indiana and nationwide, a number of small companies are changing hands right now—and for a variety of reasons. Among them: a strong economy, plentiful buyers and an aging population of owners who are eyeing retirement.
Read MoreGuidon moves to new offices in renovated 1960s building
Guidon Design did extensive renovations at 1221 N. Pennsylvania St. before moving its offices there on Feb. 1. (Photo courtesy of Guidon Design) Architecture and engineering firm Guidon Design has moved to a newly refurbished space at 1221 N. Pennsylvania St. in the city’s Old Northside neighborhood. The 22,400-square-foot energy-efficient space, originally built in 1960, […]
Read MoreIndiana reports record small-business growth
Indiana saw record small-business growth in 2018, the Indiana Economic Development Corp. announced Feb. 1. The agency said its Indiana Small Business Development Center helped launch 318 businesses in 2018, a new record for the organization. The center also helped Hoosier entrepreneurs and small businesses create 1,265 jobs and generate $97.9 million of capital infusion. Additionally, […]
Read MoreIndianapolis-based mAccounting acquired by Oregon firm
Portland-based InDinero’s purchase adds 36 employees, including 17 CPAs, to its 200-person workforce.
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Editorial: Support for cigarette-tax hike should be too strong to ignore
Too many legislators are afraid of being attacked in the next election for raising taxes. Fear of being “primaried” over a tax hike—even one most people support—is one of the sad byproducts of a system where gerrymandered “safe” districts in too many instances make general-election results a foregone conclusion.
Read MoreNate Feltman: Rudderless Congress is failing America
As a business owner, you have many responsibilities to meet to ensure your business continues to operate. Among the most basic is paying your employees on a timely basis. Fail to meet the basics and you will be out of business. Seems like common sense, right? Well, common sense goes out the window when it […]
Read MorePaul Ashley: Hospital pricing rule is step in right direction
The best solutions will come from collaborations between health care providers and payers. With the technology at their disposal, they could create systems that allow consumers to check prices based on a wide range of factors and variables.
Read MoreMorton Marcus: Indiana’s forests are well worth protecting
Woodlands still account for 22 percent of Indiana’s land area, an asset of unmeasured value.
Read MoreSam Julka: Five mistakes that can stifle creativity in the workplace
For people to innovate, they have to first be comfortable believing they can be and are creative. It’s a frame of mind.
Read MoreEd Feigenbaum: New lawmakers find roles diminished as session plods on
The big issues will be worked out in conference committees without the help of less experienced lawmakers, and their input won’t be critical in caucus.
Read MoreLetter: Ferebee will be missed
Superintendent Lewis Ferebee will be remembered for his commitment to innovation, improvement, and taking the necessary steps to ensure IPS is viable and effective for all young people.
Read MoreLetter: Renewable energy has public support
There are huge other benefits that come with the cleaner air and reduced greenhouse gas emissions from renewable energy.
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Nexstar wants to sell WISH-TV, hold onto WXIN and WTTV
The stage is being set for the sale of WISH-TV Channel 8 as its owner prepares to buy two other Indianapolis stations.
Read MoreWith all-time high enrollment, Marian extends president’s contract through 2025
Dan Elsener has served in the role since 2001, and has presided over a period of intense growth for the private Catholic university.
Read MoreHamilton County councilor to challenge Brainard in primary battle for Carmel mayor’s office
Republican Fred Glynn, who recently was re-elected to the Hamilton County Council, will run against six-term Carmel Mayor Jim Brainard in May's primary.
Read MoreUPDATE: IndyGo to accelerate schedule for Red Line construction
Speeding up construction is expected to shave four months off the 13-mile bus line project.
Read MoreFormer Carmel stock broker sentenced to 18 months in prison
Brian Gimelson, 48, pleaded guilty to evading taxes on more than $1.2 million in income related to the multimillion sale of a rare painting.
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Mike Lopresti: Tales from the greatest Final Four ever played
Four teams. One loss among them. One. A combined record of 110-1. They came together on March 22, 1969, in a glorious intersection of basketball might.
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