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Rokita sues firms for dangerous conditions at two Indy apartment complexes

July 20, 2021 | Leslie Bonilla Muñiz and Mason King

The state is taking aim at the firms for “their respective roles in allowing the Fox Club and Lakeside Pointe apartment complexes in Indianapolis to fall into egregious disrepair.”

Indiana COVID-19 cases hit highest level in two months; hospitalizations rise

July 20, 2021 | IBJ Staff

The health department reported five new deaths from COVID-19 on Tuesday, raising the cumulative total to 13,530.

Jeff Bezos blasts into space on own rocket: ‘Best day ever!’

July 20, 2021 | Associated Press

The Amazon founder was accompanied by a hand-picked group: his brother, an 18-year-old from the Netherlands and an 82-year-old aviation pioneer from Texas — the youngest and oldest to ever fly in space.

Four companies on verge of settling U.S. opioid lawsuits for $26B

July 20, 2021 | Associated Press

The national settlement is expected to be the biggest single settlement in the complicated universe of litigation over the opioid epidemic in the United States. It won’t end the cases, but it would change them.

Sportsman’s Warehouse snares first Indianapolis-area location

July 20, 2021 | Susan Orr

The 112-store chain sells gear for hunting, fishing, boating, camping and other outdoor activities. The Indy-area store will be the its second Indiana location.

IndyCar inks new NBC Sports deal with 13 events set for flagship channel

July 20, 2021 | Associated Press

Jon Miller, president of NBC Sports programming, said the extension was a three-year deal and that NBC Sports is proud of the growth it’s seen since it acquired the entire IndyCar schedule in 2019.

Incentives for multifamily project approved by council committee

July 20, 2021 | Mickey Shuey

The development, called 1202, would feature 105 units on a 1.1-acre parcel on the near-south side, with at least one-fifth of the units reserved for individuals making up to 80% of the area’s median income.

1202 meridian bwi

Developers pitch plans for more than 300 new houses in Fishers

July 19, 2021 | Kurt Christian

The Fishers City Council reviewed two petitions Monday seeking to rezone a total of 167 acres of farmland to make way for two neighborhoods along Florida Road, between 113th Street and Southeastern Parkway.

NIL era brings cautious optimism to college-town businesses

July 19, 2021 | Associated Press

Small business owners in college towns are sorting out just what it means to strike an endorsement deal with athletes who are now free to profit from the use of their name, image and likeness.

Peyton Manning teams up with brother, ESPN for MNF MegaCast

July 19, 2021 | Associated Press

ESPN has finally landed former Indianapolis Colts quarterback Peyton Manning as a “Monday Night Football” commentator. It’s just not in a way anyone expected, and it won’t be for the full season.

rop-manning-030918-450bp.jpg

NCAA hit hard by pandemic last fiscal year, spent $68M on legal fees

July 19, 2021 | Associated Press

Revenue was down more than 50% over the previous fiscal year, from more than $1.1 billion to just more than $520 million, mostly because the lucrative college basketball tournaments were canceled as the coronavirus hit the United States early in 2020.

Stocks skid as virus fears shake markets; Dow falls 2.1%

July 19, 2021 | Associated Press

Indianapolis-based shopping mall owner Simon Property Group was among the companies hit hard Monday, with its stock falling 5.9%, to $117.19 per share.

Broadfoot leaving Indy Parks after five years as director

July 19, 2021 | IBJ Staff

Indianapolis Mayor Joe Hogsett appointed Angie Clark, chief financial officer of Indy Parks, as interim director starting Aug. 7.

UPDATE: Federal judge affirms Indiana University vaccine requirement

July 19, 2021 | Associated Press

The judge held a hearing on the case last week and wrote in his ruling dated Sunday that evidence so far shows that IU has pursued a reasonable policy in the “legitimate interest of public health for its students, faculty and staff.”

After uproar over FDA’s handling of Biogen Alzheimer’s drug, Lilly presses on

July 19, 2021 | John Russell

Even as some drugmakers, including Indianapolis-based Eli Lilly and Co., are pushing to get experimental drugs approved, federal regulators are still dealing with a huge blowback over the controversial way they reviewed a new Alzheimer’s drug by rival Biogen.

Travel stocks slump over spike in nationwide coronavirus cases

July 19, 2021 | Associated Press

Stocks were down broadly Monday out of concern over rising infections in many countries, and airline and cruise line stocks were hit especially hard.

Kroger sells north-side plaza for $8.5M but agrees to remain tenant

July 19, 2021 | Mason King

A firm that specializes in real estate anchored by groceries has closed on the purchase a 104,678-square-foot shopping center dominated by a Kroger supermarket.

Emmis to take AM 1070 off the air, although The Fan remains on FM stations

July 19, 2021 | Lesley Weidenbener

Emmis Communications Corp. says the signal’s towers in Whitestown will be dismantled to make way for development.

Statewide COVID hospitalizations hit highest level since June 15

July 19, 2021 | IBJ Staff

The state said more than 2.89 million Hoosiers have been fully vaccinated against COVID-19 after a weekend increase of 9,947.

U.S., allies blame China for massive Microsoft Exchange hack

July 19, 2021 | Associated Press

U.S officials allege that China’s Ministry of State Security has been using criminal contract hackers who have engaged in cyber extortion schemes and theft for their own profit, officials said.

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