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2022 Year in Review: KAR sells off physical auto auction business to Carvana

December 30, 2022 | Susan Orr

Carmel-based KAR Auction Services Inc., which has been working to transform itself into a digitally operated company, took a big step toward that goal when it sold its U.S. physical auto auction business to Tempe, Arizona-based Carvana for $2.2 billion in cash.

Carmel City Councilor Bruce Kimball dies at age 70

December 30, 2022 | Daniel Bradley

Kimball, who was elected in 2015 and reelected in 2019, suffered a stroke in December 2020 and had not attended city council meetings the past two years.

Bed Bath & Beyond warns about bankruptcy as sales plummet

January 5, 2023 | Associated Press

“There is substantial doubt about the company’s ability to continue as a going concern,” the retailer said in a statement.

Fishers Mayor Scott Fadness to seek reelection

January 5, 2023 | Daniel Bradley

Fadness became the Hamilton County city’s mayor in 2015 after previously serving as town manager and has been the city’s only mayor, overseeing tremendous growth in both population and development.

Podcasting is only the beginning for ‘Crime Junkie’ host Ashley Flowers

January 6, 2023 | Dave Lindquist

Flowers is eager to focus on new podcasting, publishing, and television and film opportunities . With four projects in the works for streaming platforms, the company plans to expand into filmed entertainment this year.

Traders Point Christian Church purchases property for new Fishers campus

January 10, 2023 | Daniel Bradley

The Promise United Methodist Church stopped holding services in November 2021. The building, which includes a 21,000-square-foot theater, was most recently used as a preschool until the summer of 2022.

Ayers wins caucus to represent Carmel City Council’s Central District

January 10, 2023 | Daniel Bradley

Teresa Ayers will serve the remainder of former council member Bruce Kimball’s term through the end of 2023. Kimball died Dec. 30, which triggered Tuesday’s caucus.

Three new art installations planned for 100 Acres park at Newfields

January 11, 2023 | Dave Lindquist

A $3 million gift from life science entrepreneur Kent Hawryluk is spurring the addition of the sculptures at the park known as 100 Acres.

Pennsylvania-based Northwest Bank to open regional office in Fishers

January 12, 2023 | Susan Orr

Pennsylvania-based Northwest Bank, which entered the Indiana market in 2020 with its acquisition of Muncie-based MutualFirst, has been beefing up its local workforce since then.

Indiana House Republicans propose fines for hospitals with high fees

January 12, 2023 | John Russell

Upset with what they say is the excessive cost of health care in Indiana, House Republicans want to levy fines against hospitals that charge more than 260% of what Medicare reimburses for services.

VetCheck looks to franchise 250 urgent care clinics nationwide

January 13, 2023 | Daniel Bradley

Company leaders hope to eventually have one VetCheck center for every 30 traditional veterinary offices in any given area.

Carmel set to expand White River Greenway

January 13, 2023 | Daniel Bradley

The trail will wind and curve near the White River for 5.4 miles from East 116th Street to East 146th Street once it is completed next year.

Wheeler Mission names Perry Hines as president, CEO

January 17, 2023 | Taylor Wooten

Chief Development Officer Hines will succeed Rick Alvis, who has led Wheeler Mission for nearly 33 years.

Indianapolis software firm Authenticx lands $20M in growth capital

January 17, 2023 | Susan Orr

Authenticx offers business communications software that allows health insurers and health care systems to analyze millions of client interactions such as phone calls and emails, helping customers improve their interactions with patients.

Indiana life sciences companies raise record $620M in venture capital in 2022

January 23, 2023 | John Russell

The amount raised last year is roughly 43% larger than the previous record of $433 million, set in 2021, according to BioCrossroads, an Indianapolis-based group that promotes and invests in the state’s life-sciences sector and tracks the funding.

Indiana bills backed by national pet store chain draw pushback from animal advocates

January 24, 2023 | Casey Smith, Indiana Capital Chronicle

A national pet brand chain is a driving force behind two Indiana bills that would block local communities from enforcing outright bans on the retail sale of pets. Such ordinances already exist in cities like Bloomington and Carmel

Classified documents found at Mike Pence’s Indiana home, lawyer says

January 24, 2023 | Associated Press

The records appear to be a small number of documents bearing classified markings that were inadvertently boxed and transported to Pence’s personal home as he left office, the lawyer said.

Bastian Solutions to build $130M corporate HQ, manufacturing campus in Noblesville

January 24, 2023 | Daniel Bradley

The company plans to create 250 new jobs over the next five years in Noblesville and retain and relocate 400 employees to the 580,000-square-foot complex.

Developer planning 77 townhouses near Westfield’s Grand Park

January 26, 2023 | Daniel Bradley

The townhouses would be constructed on about seven acres of land at Grand Park Village and would hew to the community’s Cape Cod-style architecture.

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