JUNE 30-JULY 6, 2023
Indianapolis-based Eli Lilly and Co. is in the middle of a battle over the future of drug costs as Medicare begins to ramp up a program to negotiate prices with pharmaceutical companies and many in the industry try to derail it or change the terms. John Russell focuses on Lilly's objections to the program. Also in this week's issue, Susan Orr reports that Indianapolis-based Noble Roman’s is battling with one of its largest shareholders over whether its CEO should be replaced on the restaurant company’s board of directors. And Daniel Bradley previews the plan for a split-level roundabout at one of the busiest intersections in Hamilton County.
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Noble Roman’s sparring with investor over proposed leadership shake-up
West Fargo, North Dakota-based restaurant operator BT Brands Inc. filed a proxy statement this month asking shareholders to vote for its own CEO, Gary Copperud, rather than reelect Noble Roman’s CEO Scott Mobley to the five-member Noble Roman’s board.
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Drugmakers warn new law will deter discoveries
David Ricks, CEO of Indianapolis-based drugmaker Eli Lilly and Co., is turning up the volume on his concerns over a new law that would allow Medicare, for the first time, to negotiate drug prices.
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Split-level roundabout planned at 146th/Hazel Dell in Noblesville
Hamilton County officials are in the design phase of a plan to convert the Noblesville intersection to a $32 million split-level roundabout interchange. Construction is expected to begin in the summer of 2026.
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Acquisitions, honors elevate stature of Indiana online media companies
Static Media, Uncovered and Audily—three media companies launched in Indiana—are growing thanks to acquisitions and outside recognition.
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Mark Montieth: Best of luck: Some NBA draft picks might never see a game
Reality of one kind or another will set in as time goes on, but for now, let everyone enjoy their hat-donning photo ops and family celebrations and press conferences.
Read MoreIndiana 250: David Johnson
David Johnson led the Central Indiana Corporate Partnership—a coalition of CEOs, foundations and university presidents that operates six industry and talent initiatives—for 10 years before retiring at the end of last year. Under his leadership, CICP formed two new industry initiatives—AgriNovus Indiana for the agbiosciences and Ascend Indiana for workforce and talent—and developed the Indiana […]
Read MoreMade in Indiana: Reggae Sangria by Easley Winery
Company history: Easley Winery opened in 1974 as one of the first post-Prohibition commercial wineries in Indiana. Founders Jack and Joan Easley planted their initial vineyards in Crawford County in 1972, one year after the Indiana Small Winery Act made it possible for wineries to sell directly to the public. Mark Easley, son of Jack […]
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IBJ wins 10 national business reporting awards, including top honors in 5 categories
Judges from the University of Missouri’s School of Journalism awarded IBJ with the bronze award in the Best of Show category, which honors the organization’s best printed newspaper.
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Prime Meridian Hills site sold after nearly 5 years, with high-end houses on the way
The largely wooded land—one of the few remaining undeveloped residential sites in Washington Township—was originally listed for $1.9 million in late 2018.
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Rooftop venue planned at 96-year-old Walker Theatre
A 100-capacity rooftop event venue is planned at the Madam Walker Legacy Center, the historic building at 617 Indiana Ave that opened in 1927.
Read MoreNew Indiana education dashboard sheds light on student performance, teacher retention
For the first time, the Community Data Snapshot additionally displays academic outcomes and workforce readiness information for Marion County on a school-by-school basis.
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Heath Outdoor owners plan brewery and distillery near Box Factory
Heath Outdoor is billing their new-look campus, which includes Digs Garden Center, as The Yard at North Mass.
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Indiana offers nationally ranked entrepreneurship programs at IU, Purdue and Ball State
Indiana University’s undergraduate entrepreneurship program ranks sixth in the nation, according to U.S. News & World Report. And both Ball State University and Purdue University offer programs that are among the 50 best in the country, according to the Princeton Review.
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Purdue, High Alpha partner on business, startup programs to be housed at Bottleworks
High Alpha’s space in the Bottleworks District will house Purdue executive education programs in the Mitch Daniels School of Business alongside Purdue-connected inventors and entrepreneurs.
Read MoreJulie Warnecke: Investment in digital marketing can help propel small businesses
Some might consider digital marketing an expense rather than an investment, but it can actually be an efficient investment vehicle for small businesses, driving measurable results and growth.
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Editorial: Mayoral candidates should state their positions on downtown tax
We also realize that supporting a tax just before an election is a politically tricky situation for any candidate. But a clear position on the downtown enhancement tax is sorely needed; whoever is elected mayor and to the City-County Council in November likely will face intense pressure to take quick action.
Read MoreNate Feltman: Takeaways from IBJ Media’s Engage events
Our Engage events highlight regional initiatives that are working, as well as challenges each region hopes to address in order to grow and provide better opportunities for its residents.
Read MoreMarc Hackett: Investing in mental health care is just good business
Employers must invest in resources for employees to combat and treat mental health challenges, including burnout, depression, anxiety and more.
Read MoreKristin Jones: Health, jobs at risk with new drug price proposals
This shortsighted attempt to use the big fist of government to mandate drug prices would result in thousands of jobs exiting our state and would deliver an unrecoverable blow to the infrastructure that has supported the biopharmaceutical industry and the treatments and cures it delivers to millions of patients every day.
Read MorePete the Planner: Here’s the recipe for winning the financial game
I’ve seen so many people have 50-point leads going into the third or fourth quarter but somehow end up clutching a defeat from the jaws of victory.
Read MoreSamantha Julka: Intentional ambiguity finds the precise problem
At DORIS, our research methodology is based in grounded theory, a fancy term referring to allowing findings to surface, rather than looking for specific answers.
Read MoreBohanon and Horowitz: The state of inflation, according to the TIPS spread
Invest $10,000 in a five-year TIPS today, and if the CPI rises 20% over the period, the bond’s payout at maturity will be $12,000.
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