JUNE 23-29, 2023
The Republican-dominated Legislature has given Indianapolis a way to raise money for downtown’s post-pandemic revitalization, but there appears to be little chance that Democratic city leaders will pursue it before the November city electon. Taylor Wooten and Peter Blanchard explain their reluctance. Also in this week’s issue, Dave Lindquist profiles the new CEO of Indiana Black Expo. And Greg Weaver reports that business executives are rethinking annual performance reviews and the frequency of employee feedback.
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Contract drugmaker Catalent shrinks as pandemic wanes
The New Jersey-based company has announced two large rounds of layoffs at its Bloomington plant within six months—400 workers last December and 150 this month.
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City officials not yet embracing new downtown-tax-district option from state
The Republican-dominated Legislature has given the city a way to raise money for downtown’s post-pandemic revitalization, but there appears to be little chance that Democratic city leaders will pursue it before the November city election.
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State tool connects Hoosier entrepreneurs with resources
ConnectIND has a portal with information on everything from funding sources to coworking spaces to business incubators. It also has a network of 10 navigators being hired around the state to offer free guidance and support for the portal’s users.
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New Black Expo CEO emphasizes organization’s year-round initiatives
Indiana Black Expo is known for its Summer Celebration and fall Circle City Classic events. But Alice Watson says the not-for-profit promotes social and economic advancement of Black residents throughout the state 12 months a year.
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Derek Schultz: Blueprint for a Pacers breakthrough?
While people in Indianapolis might not often think of the Denver Nuggets, the respective journeys of the two franchises have largely mirrored each other over the years.
Read MoreIndiana 250: Clayton Robinson
Clayton Robinson is co-founder and CEO of Indianapolis-based Sun King Brewing. He learned the craft of brewing beer at the Rock Bottom Restaurant and Brewery downtown in the spring of 1999. In 2005, Robinson began working at the Ram Restaurant and Brewery alongside his friend and Sun King co-founder, Dave Colt. During their time together, […]
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Made in Indiana: Tents by Anchor Industries Inc.
Company history: Anchor Industries was founded in 1892 by Louis Daus, and it originally operated as a supply house that sold oil, groceries, paint and other supplies to steamboats along the Ohio River. Daus later added canvas goods to the lineup, and the company today is best known for its commercial tents that are used […]
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Judge rules invasion-of-privacy suit in Netflix documentary on fertility doctor can move forward
A federal judge is allowing three central Indiana women who discovered they were among the nearly 100 “secret children” of a former fertility doctor to move ahead with their lawsuit.
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Gershman, Citimark seeking tax break on $175M south-side industrial project
Built primarily on what is now agricultural land, the 1.9 million-square-foot project is expected to encompass 170 acres and consist of five buildings, ranging from 100,000 square feet to nearly 575,000 square feet.
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Lilly to buy California immunology company in $2.4B deal
Dice has a proprietary technology platform to build a pipeline of novel oral therapeutic candidates to treat chronic diseases in immunology.
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Re-examining the annual performance review
Large companies from Adobe to IBM to Deloitte have dropped the yearly evaluations in favor of more frequent, informal check-ins.
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Editorial: State’s new online portal is great tool for entrepreneurs
The portal provides resources for funding, business planning, locations, networking and more. It will also connect entrepreneurs with a network of navigators the IEDC is hiring to work throughout the state.
Read MoreLesley Weidenbener: Appreciating what makes Indy special
It was fun to see an event so big taking place in a little neighborhood I’ve called home for some 28 years.
Read MoreBrian Krider: Congress needs to pass the Credit Card Competition Act
In addition to the average 2.22% charge on every swipe, there are added fees for credit cards offering points or rewards, for swiping a second time to add a tip and even for manually entering a credit card.
Read MoreRob Panos: A pragmatic perspective on paid family leave
In early May, my wife and I welcomed a baby boy—our fourth child. As all parents can attest, the first few weeks with a new child are a whirlwind, whether it’s your first or your fourth. I was fortunate to have two weeks of paid time off from my employer following the birth. Those two […]
Read MoreTiffany Sauder: 4 strategies for being vulnerable with your team
Vulnerability isn’t telling everyone everything.
Read MoreMickey Kim and Roger Lee: FedNow service will revolutionize, disrupt payments
The widespread adoption of smartphones led to the creation of an entire industry promising to make transferring funds quick and easy at any time, day or night, with a couple of clicks.
Read MoreBohanon and Horowitz: Muncie has welcomed Afghan refugees in win-win
At latest count, some 38 households with 144 people from Afghanistan have settled in Muncie.
Read MoreLetters: Attacking mental health problems among youth
Today, an estimated 25% to 50% of teens struggle with some form of mental health problem. These range from the effects of trauma to depression and anxiety disorders, gender-identity issues, eating disorders and more severe forms of mental illness. The most obvious signs of this epidemic are the increasing number of teen suicides (second-most-common killer […]
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Low on funds, Indy Irish Fest canceled for this year and foreseeable future
The shortfall in resources stems from the decision to cancel the festival during the height of the pandemic in 2020.
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Indianapolis hospital eliminates noncompete clauses for doctors
Indiana legislators passed a law this year barring primary care physicians and employers from signing noncompete clauses Eskenazi Medical Group’s move goes further.
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Keystone wants to rezone land on Kentucky Avenue near Eleven Park project
On the heels of breaking ground on the Eleven Park stadium district last month, Indianapolis-based Keystone Group is asking the city to rezone nearly 11 acres of surface parking nearby, opening up options for redevelopment in the future.
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Fountain Square restaurant, wine shop closing due to staffing issues
In 2021, the owners moved the business to the former Pioneer building at 1110 Shelby St., a much larger space that would allow the business to expand its food and drink menu.
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Indy-based smart mailbox startup prepping for public offering
Arrive CEO Dan O’Toole said he is targeting early 2024 to make the initial public offering. The company has secured the ticker symbol ARRV.
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