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U.S. economy grew 5.7% in 2021 in rebound from 2020 recession

January 27, 2022 | Associated Press

The economy ended the year by growing at an unexpectedly brisk 6.9% annual pace from October through December as businesses replenished their inventories, the Commerce Department reported Thursday.

Key inflation gauge rose 5.8% in 2021, most in 39 years

January 28, 2022 | Associated Press

The report Friday from the Commerce Department also said that consumer spending fell 0.6% in December, with purchases of cars, electronics, and clothes declining.

City seeks new uses for old jail buildings downtown

January 28, 2022 | Leslie Bonilla Muñiz

Indianapolis hopes to spur development with a request for development proposals for historic buildings at 752 E. Market St. and 730 E. Washington St.

Developer submits incentive request for $200M project at Lafayette Square

February 2, 2022 | Mickey Shuey

The city on Wednesday confirmed it has received an incentive application from Sojos Capital LLC for tax-increment financing but declined to provide additional details.

China’s pandemic Olympics begin, with lockdown and boycotts

February 4, 2022 | Associated Press

For Beijing, these Olympics are a confirmation of its status as world player and power. But for many outside China, particularly in the West, they have become a confirmation of the country’s increasingly authoritarian turn.

New site proposed for Terre Haute casino

February 8, 2022 | Alex Brown, Inside INdiana Business

Kentucky-based Churchill Downs Inc. has filed to rezone nearly 50 acres near Interstate 70 and State Road 46 to build the Queen of Terre Haute Resort.

NBA 2K League relocating main studio from New York to Indianapolis

February 9, 2022 | Associated Press

The league will host teams at its new NBA 2K League Studio at The Pavilion at Pan Am beginning April 20. The studio features two stages, allowing for simultaneous gameplay that the league believes will better serve its online broadcasts.

Supply chain issues have hotels scrambling to please travelers

February 10, 2022 | Associated Press

Shortages of materials and labor are making it difficult for hotel operators to deliver the experience many guests have come to expect.

Editorial: Circle Centre owners should be bold in reimagining mall

February 11, 2022

While the design groups chosen by Circle Centre Development are preparing their ideas, we want you to give us yours. Go to ibj.com/circle-centre-ideas to share your thoughts.

Lesley Weidenbener: Looking back over IBJ’s 2021 coverage

February 11, 2022 | Lesley Weidenbener

More investigative and enterprise journalism is on the list of what we’d like to do more of this year, and we are strategizing ways to make that happen without sacrificing the daily news you expect from us.

Circle Centre owners commit to ‘transformative’ mall revamp

February 11, 2022 | Mickey Shuey

What’s next for the two city blocks that are now Circle Centre mall could start coming into focus over the next year.

January retail sales surged 3.8% as threat of omicron faded

February 16, 2022 | Associated Press

Volatility in retail sales data is emerging after the pandemic and as related supply crunches drastically altered the behavior of Americans

Should Indy try for another Super Bowl?

February 18, 2022 | Mickey Shuey

For now, the groups responsible for bringing the Super Bowl to Indianapolis in 2012 have their sights set on two other NFL attention-grabbers: the scouting combine and the draft.

NFL to allow thousands of fans into Lucas Oil Stadium for scouting combine

February 23, 2022 | Mickey Shuey

The NFL will offer free admission for its primetime activities at Lucas Oil Stadium, with seating in the 100 and 200 levels—the areas closest to the field. It’s a marked shift in strategy after decades of limiting public access to much of the event.

Key inflation gauge hit 6.1% in January, highest since 1982

February 25, 2022 | Associated Press

Robust consumer spending has combined with widespread product and worker shortages to create the highest inflation in four decades—a heavy burden for U.S. households, especially lower-income families faced with elevated costs for food, fuel and rent.

New laws are having a big impact on local tech sector’s required ingredients for data privacy

February 25, 2022 | Susan Orr

State legislatures from coast to coast, including Indiana’s, are turning their attention to consumer data privacy—and the issue could have a large impact on Indiana’s tech sector.

Woodrow Wilcox: Simple steps can boost film, TV production in Indiana

February 25, 2022 | Woodrow Wilcox

It is more realistic to start with small incentives and changes to laws to help Indiana’s homegrown production people and companies.

MLB cancels opening day after sides fail to end lockout

March 2, 2022 | Associated Press

With owners and players unable to agree on a contract to replace the collective bargaining agreement that expired Dec. 1, Commissioner Rob Manfred canceled the first two series for each of the 30 teams, cutting each club’s schedule from 162 games to likely 156 at most.

King Cole hotel development could get $8M in city incentives

March 2, 2022 | Mickey Shuey

City officials plan to create an economic development area in the coming months for the Motto-branded hotel, which is being developed in the the historic King Cole building by Chicago-based Gettys Group for about $48.5 million.

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