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New Stutz owner planning hundreds of apartments by downtown campus

December 13, 2022 | Mickey Shuey

Officials with New York City-based SomeraRoad Inc. told IBJ the company is in the pre-development phase of at least two projects on land adjacent to the multi-building Stutz complex at 1060 Capitol Ave., which is in the midst of a $100 million renovation.

Fusion breakthrough could be energy, climate game-changer

December 13, 2022 | Associated Press

Energy Secretary Jennifer Granholm announced a “major scientific breakthrough” Tuesday in the decades-long quest to harness fusion, the energy that powers the sun and stars.

Key inflation gauge sees smallest monthly rise in more than year

December 13, 2022 | Bloomberg News

The report, the last of 2022, points to inflation that—while much too high—is beginning to ease.

Supplier plans $75M Kokomo facility to aid EV battery makers

December 13, 2022 | IBJ Staff

Soulbrain MI, a subsidiary of South Korea-based Soulbrain Holdings, announced Tuesday it will hire 75 employees for the 30,000-square-foot manufacturing facility in Kokomo.

Twitter disbands its Trust and Safety advisory group

December 13, 2022 | Associated Press

The advisory group of around 100 independent civil, human rights and other organizations was formed in 2016 to address hate speech, child exploitation, suicide, self-harm and other problems on the platform.

Lebanon votes to annex 5,225 acres for LEAP district

December 12, 2022 | Peter Blanchard

The Lebanon City Council voted unanimously to approve the second phase of voluntary annexation for the LEAP district, a planned 11,000-acre advanced manufacturing park in Boone County.

Westfield City Council overrides mayor’s veto of term limits

December 12, 2022 | Daniel Bradley

The Westfield City Council on Monday night voted to override Mayor Andy Cook’s veto of a term limits ordinance that some officials believe could lead to lawsuits against the city.

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Bird flu found in Indiana snow geese, suspected in turkey flock

December 12, 2022 | Associated Press

Statewide, 10 commercial flocks of turkeys and ducks have tested positive for bird flu this year, the Indiana State Board of Animal Health said.

Perry Township eliminates school choice for elementary students

December 12, 2022 | Amelia Pak-Harvey, Chalkbeat Indiana

The Perry Township school board voted on Monday to end school choice for elementary students effective next school year to help alleviate a severe bus driver shortage, despite significant opposition from parents.

Biden’s student-loan plan to get expanded review from Supreme Court

December 12, 2022 | Bloomberg News

The U.S. Supreme Court has expanded a planned showdown over President Joe Biden’s student-loan relief plan, saying it will hear arguments from two borrowers who contend they are being unfairly excluded from the full scope of the program.

Indiana to receive $219M from CVS, Walgreens in opioid settlements

December 12, 2022 | Associated Press and IBJ Staff

CVS and Walgreens have agreed to pay state and local governments a combined total of more than $10 billion to settle lawsuits over the toll of opioids.

Sen. Mike Braun kicks off gubernatorial bid at downtown steakhouse

December 12, 2022 | Peter Blanchard

Surrounded by 70 of his friends, family members, donors and supporters, Indiana Sen. Mike Braun kicked off his 2024 gubernatorial bid on Monday at Prime 47 steakhouse in downtown Indianapolis.

Hoosiers urged to get flu vaccine amid surge in cases

December 12, 2022 | Associated Press

Indiana Hospital Association President Brian Tabor said Indiana’s hospitals are experiencing significant patient caseloads due to the many respiratory illnesses now circulating, including the flu, COVID-19 and respiratory syncytial virus, or RSV.

OrthoIndy expands Lafayette presence, plans new clinic and surgery center

December 12, 2022 | IBJ Staff

OrthoIndy will nearly triple the size of its Lafayette presence with the addition of seven orthopedic surgeons in April and expects to announce plans for a new clinic and surgery center in Tippecanoe County in 2024.

Diminished U.S. workforce could lead Fed to keep interest rates high

December 12, 2022 | Associated Press

In a recent speech, Federal Reserve Chair Jerome Powell pointed to the shortfall of workers and the resulting rise in average pay as the primary remaining driver of the price spikes that continue to grip the economy.

Democrat Miles Nelson announces run for Carmel mayor

December 12, 2022 | Daniel Bradley

Nelson, a 19-year Carmel resident, is the first Democrat to enter the race to succeed seven-term Republican Mayor Jim Brainard.

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Central Indiana existing home sales continue to slide

December 12, 2022 | IBJ Staff

Sales have now fallen on a year-over-year basis for the past 10 months and have seen double-digit percentage decreases for five straight months.

2022 CFO of the Year

2022 CFO of the Year

UPDATE: Lt. Gov. Suzanne Crouch launches bid for governor

December 12, 2022 | IBJ Staff

Crouch will be seeking the Republican nomination to succeed Indiana Gov. Eric Holcomb, who is barred by law from seeking a third consecutive term.

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Lesley Weidenbener
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