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Utilities face major pushback over pandemic-relief request

June 19, 2020 | John Russell

More than 2,300 people have complained by email to the Indiana Utility Consumer Counselor, which is on track to become the largest number of complaints for any single case in at least a decade.

Armed with $100M, Novus Capital prowls for acquisition

June 19, 2020 | Anthony Schoettle

The “blank check company”—formed to acquire one or more businesses and merge with them as a way to take those companies public—closed its funding round in May and is looking for a business to buy.

Indiana sees COVID-19 cases rise by 308, deaths by 23

June 19, 2020

The Indiana State Department of Health said Friday that 392,887 people in Indiana have been tested for COVID-19 so far.

City’s last traditional costume shop closes permanently after 50 years in business

June 19, 2020 | Susan Orr

Costumes by Margie, which opened in 1970, almost changed ownership last month, but the pandemic ruined those plans

Juneteenth tests corporate America’s pledges to fight racism

June 19, 2020 | Bloomberg News

From Nike to Target, dozens of companies are for the first time commemorating June 19, the effective end of American slavery, but the differences in how are stark.

Indiana unemployment rate improves to 12.3%

June 19, 2020 | IBJ Staff and Associated Press

The state’s jobless rate hit a whopping 17.5% in April, according to revised numbers released Friday by the Indiana Department of Workforce Development, before falling in May.

IndyCar plans season’s first races with fans in stands next month

June 19, 2020 | Associated Press

Tickets are being sold for races July 11 and 12 at Road America, a four-mile, 14-turn road course in Wisconsin where fans can spread out. And a limited number of tickets will be available for the races at the short oval at Iowa Speedway on July 17 and 18.

Rose-Hulman grad helping prevent wildfires with new technology

June 19, 2020 | Anthony Schoettle

Wes Bolsen, the founding CEO of Denver-based LaderaTech, brought to market what experts are calling a revolutionary spray-on flame retardant that adheres to grass and plant life for remarkably long periods of time.

Indiana 100 2020

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.   Click here for the digital edition. Below, check […]

Simon sues tenant Brooks Brothers, seeks $8.7M in unpaid rent

June 19, 2020 | IBJ Staff and Bloomberg News

The suit, filed Wednesday in Marion County Superior Court, says the retailer failed to pay rent for April, May and June while closed during the pandemic.

Simon Headquarters

Cancer chief warns delays in care likely to result in thousands of extra deaths

June 18, 2020 | The Washington Post

Estimates by the National Cancer Institute show there will be 10,000 more breast and colorectal cancer deaths over the next decade than would have been expected without the coronavirus. The director said that estimate was perhaps too conservative.

State could miss $330M in tax revenue from depleted hospitality industry

June 18, 2020 | Mickey Shuey

States and municipalities throughout the country are expected to miss out on about $16.8 billion in taxes this year because of the pandemic’s impact on the hospitality industry, a new study says.

Republic Airways, Zylo, KSM, Woven, Kronos among winners at Mira Awards

June 18, 2020 | Anthony Schoettle

The 21st annual event had been scheduled to take place April 18 at the JW Marriott Indianapolis, but TechPoint postponed it due to the pandemic and decided to hold it virtually Thursday night.

Sen. Rubio introduces bill to help NCAA make uniform compensation changes

June 18, 2020 | Associated Press

Florida Sen. Marco Rubio’s bill would protect the NCAA from being challenged in court if the association changes its rules to allow athletes to earn money for endorsement deals and personal appearances.

Incumbent AG Hill defends himself during virtual GOP convention

June 18, 2020 | Lindsey Erdody

During Thursday night’s state GOP convention, which was shifted to a virtual format due to the pandemic, Attorney General Curtis Hill compared himself to President Donald Trump, saying Trump also has faced false accusations and smears.

Wall Street eyes alternative data to track economy reopening

June 18, 2020 | Associated Press

Because conventional economic reports on hiring, consumer confidence and spending can lag a month or more, investment strategists are looking at other indicators.

Rival Taubman says Simon has buyer’s remorse on mall merger

June 18, 2020 | Bloomberg News

Taubman Centers said in a filing alleging illegal termination that rival mall landlord Simon Property Group knowingly assumed the risks of the pandemic at the time their $3.6 billion merger deal was announced.

Simon Breaking

GIPC forms working group to provide legal services, make policing recommendations

June 18, 2020 | Samm Quinn

The Greater Indianapolis Progress Committee on Thursday announced the creation of a working group to look at ways to tackle racism and bias in Indianapolis.

MIKE LOPRESTI: Tamika, Harvey and other special dad/kid pairs

June 18, 2020 | Mike Lopresti

From the Mannings to the Unsers to the Griffeys, Hoosiers have been fortunate to witness some famous family acts.

PARENTING: Stuck at home? Now’s the time to talk.

June 18, 2020 | The Washington Post

Here’s how the experts recommend framing conversations about racial injustice and inequity, money and privilege, grief and loss, sexuality and healthy relationships, and values and meaning.

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