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Articles

Ball State lands $7.5M to support plan for new performing arts center

December 17, 2022 | Inside INdiana Business staff and IBJ Staff

The two gifts totaling $7.5 million from longtime supporters will be put toward development and construction of a performing arts center proposed for The Village, a business and culture district adjacent to campus.

Storm adds uncertainty to strong holiday travel demand

December 21, 2022 | Associated Press

Forecasters predict an onslaught of heavy snow, ice, flooding and even tornadoes from Thursday to Saturday in a broad swath of the country, from the Plains and Midwest to the East Coast.

Stadium construction manager with Indy ties pays $1.9M over minority hiring

December 23, 2022 | Associated Press

Construction of the 9,500-seat, $160 million stadium in Worcester was managed by Gilbane/Hunt, a joint venture of Gilbane Building Co. of Providence, Rhode Island, and Aecom Hunt Construction Group Inc. of Indianapolis.

Southwest draws regulatory scrutiny as thousands more flights canceled

December 27, 2022 | The Washington Post

More than 3,000 U.S. flights were canceled Tuesday among all carriers, with Southwest accounting for more than 2,600 of the total—a problem the airline blamed partly on tools for tracking and creating employee schedules.

Southwest Airlines flight cancellations continue to snowball

December 28, 2022 | Associated Press

Exhausted Southwest Airlines travelers tried finding seats on other airlines or renting cars to get to their destination, but many remained stranded. The airline’s CEO said it could be next week before the flight schedule returns to normal.

Southwest didn’t heed calls to upgrade tech before meltdown, unions say

December 29, 2022 | The Washington Post

Southwest Airlines’ overwhelmed technology—a scenario fueled by a punishing winter storm—left it this week facing some of the most difficult days in its half-century history.

2022 Year in Review: College Football title game brings dividends

December 30, 2022 | Mickey Shuey

Indianapolis played host to the 2022 College Football Playoff National Championship game on Jan. 10 at Lucas Oil Stadium, bringing more than $156 million to the city in the process.

2022 Year in Review: Indy Fuel arena to anchor Fishers District expansion

December 30, 2022 | Daniel Bradley

The Indy Fuel minor league hockey team is expected to call Fishers home as soon as the 2024-2025 season. That’s because the team will be the anchor tenant of an 8,500-seat arena in a new Fishers Event Center and expanded entertainment district.

2022 Newsmaker: Elanco intends to make new HQ ‘epicenter of animal health innovation’

December 30, 2022 | John Russell

On paper, it’s a global headquarters project—a $100 million campus for Elanco Animal Health on the former General Motors stamping plant site just west of downtown. But CEO Jeff Simmons is hoping it will become much more.

2022 Newsmaker: Ozdemir’s flurry of projects includes plans for downtown stadium district

December 30, 2022 | Mickey Shuey

Ersal Ozdemir—the real estate developer who brought professional soccer to Indianapolis—has married his two passions in a proposed $1 billion mixed-use project planned for the Diamond Chain manufacturing site downtown.

21st Amendment selling all 20 liquor stores to Indianapolis company

January 3, 2023 | Dave Lindquist

Late entrepreneur Jim James opened his first 21st Amendment liquor store on Michigan Road in the early 1970s.

21st Amendment

Local firm set to spend up to $42M on posh Greenwood apartments

January 3, 2023 | Mickey Shuey

The five-story, market-rate project has received preliminary approvals from the city’s planning commission to build at 764 Greenwood Springs Drive, just north of the Verge Luxury Flats apartment complex that was completed in 2020.

Southwest starts on reputation repair after cancellations

January 5, 2023 | Associated Press

With its flights running on a roughly normal schedule, Southwest Airlines is now turning its attention to repairing its damaged reputation after it canceled 15,000 flights around Christmas and left holiday travelers stranded.

Editorial: Southwest deserves punishment for widespread travel meltdown

January 6, 2023

Now the question is what should be done to punish the airline and what can prevent such a catastrophe in the future.

Scheduling conflict prevents Indy from possibly hosting neutral-site NFL playoff game

January 6, 2023 | Mickey Shuey

Lucas Oil Stadium is already booked the weekend of Jan. 28-29 for the Central Zone Invitational, a national volleyball tournament hosted by Capitol Sports Center that is expected to draw as many as 30,000 people downtown.

Black librarians yank national conference from Indy

January 7, 2023 | IBJ Staff

The National Conference of African American Librarians has decided not to hold its annual convention in Indianapolis this year after one of its leaders was passed over for the job of CEO at the Indianapolis Public Library.

Can U.S. avoid recession? As inflation eases, optimism rises

January 11, 2023 | Associated Press

An economic downturn is still possible. Yet in recent weeks, with inflation showing widespread signs of easing, a more cheerful view has gained traction: Maybe a recession isn’t inevitable after all.

Inflation report could show another month of cooling price hikes

January 12, 2023 | Associated Press

The U.S. inflation report for December being released Thursday morning could provide another welcome sign that the worst bout of spiking prices in four decades is slowly weakening.

FAA system failure brings fresh round of disruption to U.S. air travel

January 12, 2023 | The Washington Post

The failure of a key federal safety system Wednesday led to widespread disruptions in domestic air travel for the second time in two weeks, prompting a fresh round of scrutiny from lawmakers amid continued breakdowns in technology.

George Lessmeister: Indiana’s workforce problems go beyond STEM

January 13, 2023 | George Lessmeister

Gov. Eric Holcomb’s Workforce Cabinet released recommendations that fell short in addressing the critical need for all sectors and workers by focusing heavily on STEM.

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