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IMS Museum names Indianapolis racing industry executive as new leader
Under Michael Good, the Speedway-based Performance Racing Industry saw its annual trade show at the Indiana Convention Center grow in attendance, exhibitors and sponsorship, with the 2025 event alone bringing in more than 100 new exhibitors.
Legislation seeks to close ‘loopholes’ in E-Verify requirements for public contractors
Public work project contracts entered into or renewed after June 30 would have to include a provision requiring the primary contractor and all tiers of subcontractors to enroll in E-Verify.
Redistricting foe Sen. Greg Walker changes mind, says he’ll seek reelection
Walker was a vocal Republican critic of the redistricting plan pushed by President Donald Trump—and was one of several lawmakers who faced swatting or other intimidation tactics ahead of the Senate’s vote last month against redrawing the congressional maps.
Trump says he’ll ban large investors from buying homes, with few details
Many economists from the right and the left alike say larger investors do not have as expansive a grip on the housing market as politicians might suggest.
Citing mental health impacts, Indiana legislators seek to limit social media use by children
Separate proposals would also restrict phones in schools and allow parents to set stronger filters on school-issued devices.
Butler to host conference on entrepreneurship through acquisition
Buying a business is nothing new, but entrepreneurship through acquisition—or ETA—has caught on in recent years among those who want to become business owners but don’t want to start a company from scratch.
Angi to eliminate 350 jobs, citing ‘AI-driven efficiency improvements’
Angi, which previously operated as Angie’s List, is based in Denver and has significant operations in Indianapolis and New York City. The company did not specify how many jobs would be cut in specific locations.
Lilly to acquire California-based biopharma company in $1.2B deal
Indianapolis-based Eli Lilly and Co. announced Wednesday it intends to acquire Ventyx Biosciences, a clinical-stage biopharmaceutical company developing oral therapies for inflammatory-mediated diseases.
Rollin Dick remembered for ‘lasting impact’ on local community
Former insurance executive, business investor and philanthropist Rollin “Rollie” Dick died Jan. 3 at age 94.
Hammond residents weigh excitement, concern as Bears explore stadium site
The potential stadium would sit south of Wolf Lake in Hammond’s Robertsdale neighborhood, across from a golf course and near nature trails that draw residents from both Indiana and Illinois.
Hogsett optimistic on pro soccer in Indy, but legislative leader says plans ‘not feasible’ so far
While Mayor Joe Hogsett remains optimistic at the prospect of bringing a professional soccer team to Indy, Senate Appropriations Committee chair Ryan Mishler told IBJ he’s less certain of a team’s long-term viability.
Lilly in talks to buy Ventyx Biosciences for more than $1B, WSJ reports
Ventyx is a San Diego-based biotech that specializes in drugs for inflammatory diseases like Crohn’s and rheumatoid arthritis.
Eli Lilly set to back Aktis Oncology’s upsized $318M IPO
Clinical-stage biotechnology company Aktis Oncology increased the size of its initial public offering by 50% and drew interest from Indianapolis-based Lilly for $100 million of shares in the listing.
Trump officials loosening strings on federal education money for conservative states
Education Secretary Linda McMahon approved Iowa’s plan Wednesday. Indiana and Kansas have also applied to be exempted from certain parts of federal education law, and leaders of other states have expressed interest.
Warner Bros rejects Paramount takeover again, tells shareholders to stick with Netflix bid
Warner’s leadership has repeatedly rebuffed Skydance-owned Paramount’s overtures—and urged shareholders to back its the sale of its streaming and studio business to Netflix for $72 billion. Paramount, meanwhile, has made efforts to sweeten its $77.9 billion hostile offer for the entire company.
Job openings slide to 2nd lowest level in 5 years as hiring remains sluggish
The report suggests that the “low-hire, low-fire” job market remains in effect, with workers enjoying some job security but those out of work struggling to find new jobs.
Elanco reaches for growth in billion-dollar itchy dog market
The Indianapolis-based company received U.S. regulatory approval last week for its second medicine in 18 months in what it describes as the $1.3 billion dog dermatology market.
Indiana lawmakers consider anti-doxing bill following redistricting bomb, swatting threats
Indiana lawmakers hope to crack down on doxing after more than a dozen of their own became victims of threats amid a turbulent but unsuccessful redistricting campaign.
