JUNE 27, 2025
It’s easy to assume that the goodies at doughnut shops are made in-house. New Castle-based Jack’s Donuts opened a production facility in 2023 to help shoulder baking for willing franchisees, but Susan Orr reports that some of them weren't happy with the results. Also in this week’s issue, Taylor Wooten explains how local hospitality and tourism officials are trying to create more green spaces downtown to make Indy more attractive to visitors. And Daniel Lee explores the shift toward narrow-network health plans that aim to help employers control costs.
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Jack’s Donuts corporate turmoil affecting some local franchisees
Since last fall, four creditors have sued Jack’s Donuts of Indiana Commissary LLC for money they say they’re owed. Of those four cases, two have resulted in judgments against Jack’s totaling just over $888,000.
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‘Narrow’ health plans gain wider acceptance
Direct-to-employer health insurance plans, in which an employer contracts directly with a health care network for coverage, restrict provider choice but are generally less expensive for employers and employees.
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Q&A with Mike Schrage: For Centier Bank CEO, focus is on serving communities
Schrage, now 77, sat down to talk with IBJ about his 53-year tenure with Centier Bank, the future of the company, his philosophy on leadership and his love of reading.
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Indy touts planned green spaces as convention attraction
Tourism promoters hope a Georgia Street revamp—along with the adjacent Signia by Hilton scheduled to open late next year and other green-space plans—will draw more convention and event business.
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IBJ wins 10 awards, Mickey Shuey named Journalist of the Year
The awards from the Alliance of Area Business Publications covered reporting, design and podcasts published in 2024.
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Derek Schultz: Fever find their radio voice
Becoming the new radio voice of the Indiana Fever at the start of this season, John Nolan is capitalizing on a big break, which is directly coinciding with his new employer’s national breakthrough.
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Home developer Onyx+East planning 125 houses along Monon Trail in Westfield
Nearby residents at Chatham Hills have started a petition opposing the development. They argue the project would be incompatible with neighborhood character, overburden infrastructure on 199th Street and harm the Monon Trail and surrounding green space.
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Downtown foot traffic, Indianapolis hotels saw boost during Pacers’ run to NBA Finals
The nine-week playoff run led to a significant financial boost for local hotels and an increase in visitor traffic to restaurants and attractions.
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Local developer plans 170 apartments on Marion County’s southern border
The rents are expected to come in below market rate and fall into a category often called workforce housing—prices that exceed certain lower-income thresholds but are still reasonable for those living and working in the area.
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Indiana workforce leaders aim to ‘salvage’ slashed dropout prevention program
The Jobs for America’s Graduates program, which serves thousands of Hoosier students, was eliminated as a line item in the state budget during this legislative session.
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Braun: Indiana’s public colleges and universities will institute 2-year, in-state tuition freeze
The freezes will go into effect in the 2025-26 and 2026-27 academic years, Gov. Mike Braun announced Tuesday.
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Kimball’s Indy medical solutions unit swings for fences with new Post Road plant
Victory Field, home of the Indianapolis Indians, would just about fit perfectly inside the Jasper-based company’s new 307,000-square-foot facility.
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Indy summer camps sow interests, carve career pathways early on
IBJ checked in with four summer camp programs, at three locations, that are giving students real-world work experiences.
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Editorial: Thanks to the Pacers for a season, NBA Finals run to remember
Consider that the Pacers are the first team in NBA history with eight players to score at least 200 points in a playoff run.
Read MoreNate Feltman: Mayor Hogsett is missing in action
Joe Hogsett has been missing in action—just as he was in 2020, when violence ripped through downtown, leaving a trail of injuries and property damage.
Read MoreGov. Mike Braun: It’s time for Indiana to lead the nation in nuclear energy
Indiana doesn’t just want to be the leader in nuclear energy generation; we want to be the home for every part of the production supply chain.
Read MoreRep. Jeff Thompson: Property tax reform will bring Hoosiers lasting relief
Through a combination of credits and reforms, homeowners will save more than $1.3 billion in property taxes over the next three years.
Read MoreSue Ellspermann and Sudip Parikh: Indiana is key to boosting the science, tech workforce
Federal funding for science and technology is critical, but continuing America’s global science and technology leadership will not happen solely due to decisions made in Washington.
Read MoreJalene Hahn: Robo-advisers are cost-effective, simple but suffer from myopia
Their automated approach leaves little room for adaptability or specificity that comes from working with traditional financial advisers.
Read MoreMark Mayer: Strategy inflexibility risks missed opportunities
The strategist is not truly an architect drafting blueprints but a potter shaping clay.
Read MoreCecil Bohanon and John Horowitz: Bank runs and social protests are two peas in a pod
In bank runs, people rush to withdraw their deposits when they see others in line to withdraw theirs. Likewise, when people witness their neighbors participating in protests, they are more likely to participate in protests themselves.
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Carmel-based hedge fund sues international crypto company for alleged fraud
The lawsuit claims the crypto venture company lied about how much money it had raised in order to persuade the fund to also invest.
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