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Capital Improvement Board sees first financially positive month since pandemic

June 18, 2021 | Mickey Shuey

The operator of the city’s convention facilities reported its best monthly financial performance since the pandemic led the Indiana Convention Center to temporarily close down in March 2020.

City Market moves forward with rent-deferment program

June 18, 2021 | Leslie Bonilla Muñiz

A struggling Indianapolis City Market is offering a rent-deferment program that could help merchants who’ve been hit hard by the pandemic and road reconstruction. The move comes as the market is looking at its own finances, with plans to ask the city for a bailout.

Panelists: Companies can make supply chains more resilient to disruption

June 18, 2021 | Susan Orr

Companies that map their supply chains can gain insights into where its various tiers of suppliers are located, the relative importance of each supplier and other critical data points, industry experts said at an IBJ event Friday.

2021 Indiana 100: Pandemic knocks Elwood Staffing but Columbus firm is roaring back

June 18, 2021 | Sam Stall

In this sprawling ecosystem of staffing firms, Elwood Staffing is, while not the big dog, certainly nothing to be trifled with. In 2020, Staffing Industry Analysts named it the 10th-largest U.S. industrial staffing firm, the 19th-largest U.S. staffing firm overall, and the 49th-largest staffing firm in the world.

Airport working with city to find new use for Indianapolis Downtown Heliport

June 18, 2021 | Mickey Shuey

Under the partnership, the airport and city are expected to “work cooperatively” to find new potential uses for the 4.9-acre property, which aviation officials have requested to close following a decline in the facility’s use in recent years.

Local sports tech startup RefReps calls audible, poised for explosive growth

June 18, 2021 | Anthony Schoettle

RefReps has grown so fast in the six months since its launched that company officials have had to show some fancy footwork and change directions to capitalize on a national, if not global, opportunity.

Letter: Ruling hinders pig farmers

June 18, 2021

The court ruling will affect Indiana’s nearly 3,000 hog farms and trickle down throughout the entire economy.

Letter: Sneaker business sign of entrepreneurial spirit

June 18, 2021

Amid a year that’s been anything but easy for local business, I’m thrilled to see it has not deterred the entrepreneurial spirit of one Fishers resident, Daniel Lamers.

Letter: IPS no-bid contracts put students in peril

June 18, 2021

Neither parents nor educators are ever properly consulted, and students continue to be disrupted and suffer from the district’s business-first policies that put money in the pockets of their allies.

Q&A with Mike Schmuhl, new chairman of Indiana Democratic Party

June 18, 2021 | Markus Miller

IBJ recently had a chance to talk to Schmuhl about his rebuilding efforts—and the prospect of Pete Buttigieg coming back to Indiana to run for office.

Indiana 100 2021

Below, check out IBJ’s Indiana 100, our annual report on the state’s 50 largest public companies and 50 largest private companies. Indiana 100 also features our annual list of highest-paid public company executives, as well as Q&As with leaders of some of Indiana’s most prominent businesses.   Sponsored by: Sponsored by: Click here for the […]

Central Indiana existing-home sales, prices continue to escalate

June 18, 2021 | IBJ Staff

On a year-to-date basis, closed sales are up 10.9% so far this year, to 13,666, compared with 12,320 in the first five months of 2020.

Brief, global internet outages blamed on software bug

June 18, 2021 | Associated Press

A software bug at a major network provider briefly knocked dozens of financial institutions, airlines and other companies across the globe offline during peak business hours on Thursday.

Dems eye $6T plan on infrastructure, Medicare, immigration

June 17, 2021 | Associated Press

Half of the total in the $6 trillion plan is expected to be paid for with Biden’s proposed taxes on corporations and those earning more than $400,000.

Indiana unions sue over yearly hurdle on teacher union dues

June 17, 2021 | Associated Press

Unions representing teachers with the Anderson, Avon and Martinsville school districts and the teachers who lead them filed the lawsuit in U.S. District Court in Indianapolis.

Furor rages over FDA approval of controversial Alzheimer’s drug

June 17, 2021 | The Washington Post

Critics have blasted the approval of Aduhelm, saying the drug—with a list price of $56,000 a year per patient—offers false hope while threatening Medicare’s financial health and patients’ pocketbooks.

Obamacare survives: Supreme Court dismisses third challenge to Affordable Care Act

June 17, 2021 | Associated Press

The justices, by a 7-2 vote, left the entire law intact in ruling that Texas, other GOP-led states and two individuals had no right to bring their lawsuit in federal court.

Ohio-based CFBank entering Indianapolis market

June 17, 2021 | Susan Orr

Indianapolis is the first non-Ohio market and the fourth market overall, for CFBank. The company has hired a market president and is currently scouting for office space.

U.S. jobless claims tick up to 412K from pandemic low

June 17, 2021 | Associated Press

The latest numbers show Hoosiers filed 4,641 initial unemployment claims during the week ended June 12, a drop of 465 from the previous week.

Indiana reports 232 new COVID-19 cases, one additional death

June 17, 2021 | IBJ Staff

Statewide hospitalizations due to COVID-19 dipped from 532 on Tuesday to 475 on Wednesday, the lowest number since the opening weeks of the pandemic.

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