Elanco completes $1.3B sale of aqua business, allowing it to reduce debt load
The company had debt of $5.7 billion as of March 31 and has been under pressure from Wall Street to reduce it.
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TWG seeking tax break on $73M apartment complex planned near Lucas Oil Stadium
As part of the request, TWG is pledging to make 41 of the 270 units available to individuals and families making up to 70% of the area’s median income.
Fed’s Powell highlights slowing job market in signal that rate cuts might be nearing
The Federal Reserve has made “considerable progress” toward its goal of defeating the worst inflation spike in four decades, Chair Jerome Powell said in his testimony to the Senate Banking Committee.
Fishers-based Vibenomics signs national deal with Lowe’s
Fishers-based Vibenomics has signed a deal with home improvement retailer Lowe’s, which is using Vibenomics digital advertising technology in its more than 1,700 stores nationwide.
Stevanato commits to paying Fishers employees a living wage
Stevanato, an Italian-based life sciences company that makes glass vials and syringes for pharmaceuticals, has committed to paying employees at its new Fishers facility no less than $70,000 annually.
Feds approve Indiana’s initial application for $868M in broadband funding
The national “Internet for All” initiative, dubbed the Broadband Equity Access and Deployment, or BEAD, program, was created in the Bipartisan Infrastructure Law.
Westfield’s 180-year-old ‘Green Building’ to be relocated
Crews with Pennsylvania-based Wolfe House & Building Movers LLC on Tuesday will move “The Green Building” from 102 S. Union St. to a temporary site directly east of its current location before eventually moving it to a new long-term spot.
Chemo drug cisplatin increases risk of long-term hearing loss, IU researchers find
The study followed a group of testicular cancer survivors for an average of 14 years, revealing that 78% experience significant difficulties in everyday listening situations.
Mambo’s Cheesesteak Grill adds location at Salesforce Tower
Restaurateur Carla McDaniel opened the original Mambo’s Cheesesteak Grill at Indianapolis City Market in 2015.
City-County Council to introduce pedestrian safety proposal. What to know about Vision Zero.
City-County Council members on Monday night plan to propose a program called “Vision Zero,” with the goal of eliminating traffic fatalities and severe injuries in Indianapolis by 2035.
Poll finds only 36% of Americans have confidence in higher education
The dimming view of whether college is worth the time and money cuts across all demographics—including gender, age, political affiliation.
More than 3M pass through U.S. airport security in single day for first time
Eight of the 10 busiest days in TSA’s history have come this year as the number of travelers surges past pre-pandemic levels.
Bloomberg Philanthropies gifting $1B to med school, others at Johns Hopkins
There have been only a handful of previous $1 billion donations to universities in the U.S., most coming in the past several years.
State government buildings get new signs at cost of $820,000
Two of the buildings bear the new Indiana Economic Development slogan: Indiana For the Bold. Not all of the cost was taxpayer money.
Lilly to buy Massachusetts biopharma company for $3.2B
Massachusetts-based Morphic Holding Inc. is a nine-year old, publicly traded company that is developing a class of drugs known as oral integrin therapies to treat autoimmune diseases, pulmonary hypertensive diseases, fibrotic diseases and cancer.
Pure Development co-owner sues partner, seeks liquidation of company
Indianapolis-based Pure Development has developed more than 35 real estate projects nationally and has a contract with the Indiana Economic Development Corp. to lead efforts on the LEAP Lebanon Innovation and Research District.
IBJ Podcast: Artistic director banks on broad vision for fledgling Black theater company
Ben Rose breaks down his vision for supporting the fledgling Indianapolis Black Theatre Co. while serving the careers of its members both on and off stage.
Pato O’Ward wins Indy 200 at Mid-Ohio in debut of hybrid engine
IndyCar expressed encouragement and excitement about the hybrid engine in a statement after the race that cited the collaboration between Chevy and Honda.
Scammers swiping billions from Americans every year, and most get away with it
Victims rarely get their money back, including older people who have lost life savings to romance scams, grandparent scams, technical support fraud and other common grifts.
Caitlin Clark rallies Fever past Liberty 83-78 with first triple-double by WNBA rookie
Indiana beat New York for the first time since posting a 92-86 road win on May 13, 2022.
