Cincinnati-based investment bank opens Indianapolis office
Cincinnati-based ArkMalibu, which represents business owners who are looking to sell their companies, has opened an Indianapolis office that will be led by local entrepreneur Phil Daniels.
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State lawmaker DeLaney calls on legislature to boost K-12 tuition spending in 2025
Democratic lawmaker Rep. Ed DeLaney of Indianapolis made public a new legislative analysis on Wednesday that showed the overall dollar amount spent on K-12 has grown each year, but its share of the state budget has dropped.
Retailers expect to hire slightly fewer employees for the holiday shopping season
Overall, U.S. retailers are expected to add 520,000 jobs in the final quarter of this year, representing the second-lowest total since 2009.
South Korea-based hotel firm planning high-end hotel with 215 rooms in Westfield
Plans call for the 215-room L7 Westfield hotel to be built on 6.5 acres in the Lantern Commons development near the intersection of U.S. 31 and 161st Street.
City commission approves abatement for Angi building apartment conversion
Plans for the 180-apartment project also call for an entertainment commercial tenant for 18,000 square feet on the second floor and a white box retail space on the west side of the first floor.
Eli Lilly’s weight-loss drugs no longer in shortage, FDA says
| The Washington Post and IBJ Staff
Lilly has been making the case since August that its tirzepatide-based drugs are now “commercially available,” which the FDA agreed on. But the agency warned that patients and prescribers might still experience “localized supply disruptions.”
Candidates spar in first general election gubernatorial debate
Topics at Wednesday debate between Se. Mike Braun and Jennifer McCormick included a recently manipulated advertisement from the Braun campaign and the Republican nominee for lieutenant governor saying the other side invoked a “Jezebel spirit.”
Fiscal policy takeaways from Wednesday night’s gubernatorial debate
Republican U.S. Sen. Mike Braun and Democrat Jennifer McCormick squared off on fiscal policy issues and more Wednesday night in the first of two gubernatorial debates on back-to-back nights.
Braun ‘inflation-reduction’ plan focuses on business taxes, offers targeted tax holidays
Also included is the creation of a new tax credit that would reward employers who offer higher wages or upskilling opportunities.
Indianapolis-based ag company sues JPMorgan Chase over freeze of $3M
Agricultural Chemical Solutions Inc. and the wife of the company’s president are suing the bank for more than $40,000 in fees incurred after they were allegedly denied access to their accounts.
President could invoke 1947 law to suspend dockworkers’ strike
Some manufacturers and retailers are urging President Joe Biden to stop a strike by 45,000 dockworkers that has shut down 36 U.S. ports. Biden has said, though, that he won’t intervene.
A reporter keeps asking about Caitlin Clark. Players want her banned.
The Women’s National Basketball Players Association has issued a statement calling for the league to revoke the credential of columnist Christine Brennan, one of the most recognizable sports journalists in the country.
Luxury apartment complex at Westfield’s Chatham Hills nears completion
Missouri-based Mia Rose Holdings is developing the 250-unit The James at Chatham Hills on 21 acres in Westfield, marking the company’s entry into central Indiana.
State’s Behavioral Health Commission wraps up two-year study with $50M request
Much of the additional funding would be earmarked for Certified Community Behavioral Health Clinics to provide treatment at the local level and work with teams responding to active 988 calls.
NASCAR facing lawsuits over revenue-sharing model
Two NASCAR teams—one of them owned by Michael Jordan—filed a federal antitrust lawsuit against the stock car series and chairman Jim France on Wednesday, claiming the new charter system limits competition.
Lilly to invest another $4.5B in Lebanon site for new ‘medicine foundry’
| John Russell and Mickey Shuey and Cate Charron
The new funding, for an advanced manufacturing and drug development center, will bring the Indianapolis-based drugmaker’s total investment in the Boone County site to more than $13 billion.
City harassment investigative committee begins law-firm selection process
The City-County Council’s new investigative committee convened for the first time Tuesday evening, with the group hearing an overview of the city’s current sexual harassment reporting process.
As expected, judge denies cameras in courtroom for Delphi double-murder trial
Richard Allen’s trial once held the promise of being the most high-profile court proceeding in Indiana history to be captured live by television and streaming service cameras. But Judge Frances Gull ultimately decided to deny access.
Japanese sushi restaurant joins tenant list for new Fishers development
Niku Sushi.Kitchen.Bar will join two other restaurant tenants—Piedra, a Mexican restaurant, and Kitchen Social, a popular Columbus, Ohio-based restaurant—at The Union at Fishers District.
Appeals court reinstates Indiana lawsuit against TikTok
The lawsuit allege the app contains “salacious and inappropriate content” and deceives consumers into believing their sensitive and personal information is secure.
