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Capital Improvement Board sees first financially positive month since pandemic
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.