Indianapolis Business Journal

MAY 17-23, 2019

In this week’s issue, Sam Stall explores how Oliver Winery and Vineyard become the largest winery in Indiana with product sold in 27 states. With an $8.5 million addition to its campus in Bloomington, Oliver could double capacity within five years. Also this week, Mickey Shuey runs through a plan to extend a recreational trail in Speedway that community leaders say will jolt property values and spur development in several aging neighborhoods. And John Russell explains why state officials, who long have boasted how Indiana is one of the most business-friendly states in the nation, are planning on raising permit fees from levels established 25 years ago.

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Facebook hires former PayPal team to create cryptocurrency option

The inner workings of Facebook’s blockchain team are still shrouded in secrecy, but it’s staffing up, according to people familiar with the group. Those people said that its product, which Bloomberg earlier reported will be a type of cryptocurrency, could be announced as soon as next quarter. Launched last May, Facebook’s blockchain unit now counts […]

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STAR Bank to open Monument Circle office

Fort Wayne-based STAR Financial Bank plans to take over a 12,000-square-foot space at 40 Monument Circle that currently houses the staff of Indianapolis Monthly. The Monthly offices are part of the headquarters of Emmis Communications Corp., which owns the magazine. Magazine staff will move into another part of the Emmis building. STAR plans to invest nearly […]

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Addiction touches all

I seldom, if ever, write to newspapers. However, I feel the need to “step up to the plate” and support Claire Fiddian-Green’s recent column regarding mental health and substance abuse [Mental-health screening for children must be norm, Forefront, April 26]. It was well written and stated clearly two of the important issues facing society today. […]

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Utility policy unvetted

I’m writing in response to Ed Feigenbaum’s recent column regarding the necessity of the General Assembly to engage in a detailed study of issues in an era of rapid change [Lawmakers plod along in era of rapid change, April 26]. Among the models he suggested is the standing, summer Regulatory Flexibility Committee—originally created to address […]

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