Carmel City Council OKs $19M TIF bond for Proscenium III project
Plans for the project call for 120 apartments, a 125-room high-end hotel, 63,000 square feet of office space, 15,000 square feet of retail space, 508 parking spaces and a public plaza.
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TikTok face offs with Justice Department over law that could lead to ban
Before a panel of three judges at a federal appeals court, attorneys for the two sides—and content creators—were pressed on their best arguments for and against the law that forces the two companies to break ties by mid-January or lose one of their biggest markets in the world.
Q&A: IU Indy’s leader for new Institute for Human Health and Wellbeing got start studying mice and binge drinking
Stephen Boehm has spent decades studying addictions and binge drinking, and was longtime professor and chair of the Indiana University Indy psychology department.
Indianapolis-based Proteus Discovery Group expands with acquisition of Novitas Data
The acquisition doubles Proteus’ employment ranks and expands its service offerings with advanced forensics, eDiscovery technology and coast-to-coast geographic coverage.
United Art and Education store exits Castleton after nearly 30 years in business
An Indiana-based art and classroom supply company that had two Indianapolis retail outlets at the beginning of 2024 now has zero.
Zionsville-based tech startup Adverank plans to add 37 employees
Zionsville-based software startup Adverank has reached an incentives agreement with the state based on its expansion plan.
Westfield to purchase Wood Wind Golf Club, turn it into municipal course
The purchase includes all the buildings, the grounds, the clubhouse, party pavilion and site amenities, including two pickleball courts, golf carts, maintenance equipment and furnishings.
Southern Indiana microelectronics effort lands $9.5M DoD workforce contract
The contract will likely lead to K-12 microelectronics education and career awareness outreach, Ivy Tech Community College certifications, youth apprenticeship programming, and a regional education and training hub.
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Salesforce announces $1M grant to Indianapolis schools
The grant brings Salesforce’s total giving to Indianapolis Public Schools district to $5.5 million over the past seven years.
IBJ Podcast: Orr fellows leverage networking to boost value of tech, entrepreneurial positions
Now in its 23rd year, the Orr Fellowship program has helped develop an eye-popping number of leaders in Indiana’s tech and entrepreneurial ecosystems. It now counts 624 alumni who have worked at—and in some cases founded—nearly 300 significant companies and organizations.
Fever’s Clark breaks WNBA rookie scoring record as playoffs loom
The NCAA’s all-time leading scorer added another scoring title to her résumé during a 110-109 victory Sunday over the Dallas Wings at Gainbridge Fieldhouse.
Herta wins in Nashville as Palou cruises to 3rd IndyCar season championship
Will Power’s seatbelt came loose minutes into the season-deciding finale Sunday at Nashville Superspeedway, dealing a huge blow Palou’s closest challenger.
Walgreens to pay $106M to settle allegations it submitted false payment claims for prescriptions
The pharmacy chain was accused of submitting false payment claims to Medicare, Medicaid and other federal health care programs between 2009 and 2020 for prescriptions that were processed but never picked up.
Fever’s Clark breaks WNBA’s single-season record for assists
Caitlin Clark is up to 321 assists in her first year in the WNBA, breaking the mark of 316 set last season by Alyssa Thomas of the Connecticut Sun.
Surack buys downtown Indy hotel to put damper on Hogsett’s plans for heliport
Billionaire Chuck Surack’s real estate purchases are intended to discourage Mayor Joe Hogsett’s administration from disposing of the Indianapolis Downtown Heliport so the property could be used to build a soccer stadium.
Carmel-based MBX Biosciences shares jump 48% in Nasdaq debut
The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity. Its positive reception on Wall Street was seen as an extension of the general enthusiasm for obesity treatments.
ACLU of Indiana files new ‘intellectual diversity’ lawsuits against IU, Purdue
The professor-led lawsuits allege the state policies are unconstitutionally vague and infringe upon faculty members’ free speech and academic freedom.
Cecil Bohanon and John Horowitz: Students hear assortment of Rice’s insights
| Cecil Bohanon and John Horowitz
When asked which three parts of the world are currently most problematic for the United States, Rice listed the Middle East, Russia and Venezuela.
Workers, employees likely to see another stiff increase in health benefits
Nationally, the average cost of employer-sponsored health plans is expected to grow 9% next year if companies don’t find ways to cut costs, according to an Aug. 15 report by professional services firm Aon.
