Local branches of Special Olympics, Boys & Girls Club selected as beneficiaries for All-Star Game
Each program is guaranteed to receive at least $100,000, with the organization represented by the winning team receiving an additional $240,000.
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NCAA generates nearly $1.3B in revenue for 2022-23; Division I payouts reach $669M
The NCAA’s deal with CBS and Warner Bros. Discovery for rights to the men’s Division I basketball tournament accounts for about $900 million annually. That means March Madness brought in about 69% of the NCAA’s revenue.
Bill clarifies exemption to law requiring school districts to give closed buildings to charters for $1
Senate Bill 270 clarifies language added in the last legislative session that led to two different interpretations of the law by Indianapolis Public Schools and the state.
Paul George to screen documentary during All-Star film festival
New Slam Film Festival will commemorate 30th anniversary of basketball magazine through screenings of 15 movies.
OxyContin marketer agrees to pay $350M rather than face lawsuits
Indiana will receive more than $7.6 million from the settlement with Publicis Health to help address the opioid crisis.
Calumet Specialty Products to move HQ to Stutz campus downtown
The Indianapolis area’s sixth-largest public company plans to move 200 employees from the company’s current west-side home to the new offices.
Developers planning 188-unit apartment project in Whitestown
Brown Capital Group and Strategic Capital Partners previously partnered to develop Greenview Apartments, a 216-unit development adjacent to the future site of The Grove.
City to spend $2.1M on trail to connect justice campus to downtown
Construction on the multi-use trail began this week and is expected to be completed by the end of the year.
South Korean chipmaker chooses Indiana for cutting-edge plant, report says
SK Hynix, one of the world’s largest semiconductor chip makers, plans to build a high-tech packaging plant in Indiana, according to a report Thursday in the Financial Times.
Westfield revisits plans for Monon Trail tunnel at busy 161st Street
The underpass, less than a half-mile west of U.S. 31, would replace a $122,000 signalized crosswalk—called a HAWK system—that was installed in 2021.
Indiana lawmakers struggle to find fix for absenteeism
Members of the Senate Committee on Education and Career Development advanced a heavily amended bill on Wednesday that in its original form would have referred more students to juvenile court.
IU, Lilly roll out co-op partnership to address Indiana’s workforce shortage
The partnership will connect undergraduate students and degree programs from the IU Indianapolis campus with opportunities at Lilly, such as finance, human resources and information technology.
State Rep. Jim Lucas defends showing handgun to students, says episode ‘blown out of proportion’
Young gun safety advocates clashed with an avowed gun-rights lawmaker on Tuesday in a 10-minute exchange at the Indiana Statehouse that featured a brief flash of a holstered handgun.
Indianapolis Star printing plant to close; operations shifting to Illinois
A 120-year run of local printing of The Indianapolis Star will end with the closure of the Pulliam Production Center.
Original Mimi Blue restaurant closes on Mass Ave
No Mimi Blue restaurants remain for the meatballs-focused concept that grew to three central Indiana locations in 2018.
Meta, TikTok and other social media CEOs testify in heated Senate hearing on child exploitation
On Wednesday, the CEOs went before the Senate Judiciary Committee to testify as lawmakers and parents grow increasingly concerned about the effects of social media on young people’s lives.
Fed leaves interest rates unchanged but signals cuts are coming
The Federal Reserve indicated Wednesday that it’s nearing a long-awaited shift toward cutting interest rates, a sign that its officials have grown confident that they’re close to fully taming inflation.
Newfields, Pan Am Tower hosting attractions for NBA All-Star Weekend
At Newfields, IUPUI alum and former Indiana Pacer George Hill will host a Feb. 17 party billed as All-Starry Night. Pan Am Tower will showcase basketball-themed historic exhibits.
BioCrossroads names Vince Wong as new CEO of Indy life sciences group
Wong’s appointment comes just a few weeks after BioCrossroads released a report warning that Indiana’s life-science sector is starting to lag the nation in growth and market share and will require a focused effort to stay competitive.
Downtown’s supply of hotel rooms close to selling out for All-Star Weekend
The NBA has contracted with 29 of downtown’s 35 lodging properties, with each committing at least 90% of their inventory at negotiated rates and minimum four-night stays, according to Visit Indy.
