Hogsett’s $1.6B budget receives unanimous approval
All five Republicans and the City-County Council’s lone independent joined Democrats in approving the record-setting budget proposed by Indianapolis Mayor Joe Hogsett.
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Indianapolis Foundation awards $12M in violence reduction grants
Seventy-two organizations were chosen to receive a total of 159 grants from the Elevation Grant program.
Sagamore Institute conference to focus on future of work
The initiative comes as other Indianapolis-based organizations have ramped up efforts to improve workforce development, which remains a top challenge for many Hoosier businesses.
Billions in TV revenue on line as college sports faces more legal threats
A federal antitrust case could force the Indianapolis-based NCAA and the wealthiest conferences to create pro-style revenue sharing of billions of broadcast-rights dollars with football and basketball players.
Point Biopharma insiders to reap millions from Lilly deal
Top executives and directors of Indianapolis-based Point Biopharma Global Inc. could rake in an eye-popping $212 million from their deal to sell the company to drugmaker Eli Lilly and Co.
For four rising NBA stars, about $1B in extensions leads to rising expectations
Indiana Pacers player Tyrese Haliburton got questions about the same topic more often than he could remember this summer: The money, the money, the money.
Ford leader calls on autoworkers to end strike, says company’s future at stake
In a rare speech during contract talks in the company’s hometown of Dearborn, Michigan, Ford Motor Co. Executive Chairman Bill Ford said high labor costs could limit spending to develop new vehicles and invest in factories.
IU, Purdue to study impact of READI economic development program
The Indiana READI program has provided funding for more than 360 economic development projects since it was launched in 2021.
Prices for existing central Indiana homes still rising amid sinking sales
Sales of existing homes in the 16-county area have fallen for 20 straight months.
IBJ Podcast: Pete the Planner on understanding your (and your partner’s) relationship with money
Peter Dunn uses a series of questions to help listeners identify the money personality—or “script”—that best matches their relationship with money and then explains the pros and cons of each.
Lilly’s Mounjaro helped dieters shed 60 pounds, study finds
The results, which were also presented Sunday at a medical conference, confirm that the drug made by Eli Lilly and Co. has the potential to be one of the most powerful medical treatments for obesity to date, outside experts said.
Indiana Lawyer’s Diversity in Law 2023 awards
Diversity in Law recognizes attorneys and judges from across the state and across practice types who have contributed to efforts to diversify the Hoosier legal profession through mentorship, law firm committees, bar association initiatives, educational programs and more.
Republicans pick Jim Jordan as nominee for House speaker
Jordan, of Ohio, will now try to unite colleagues from the deeply divided House GOP majority around his bid ahead of a floor vote, which could push to next week.
Fishers man faces securities and investment fraud charges
Darrin Blaine was charged with six counts of securities violations, one count of money laundering and one count of corrupt business influence after being arrested in his home Thursday
Rep. Blake Johnson: Cannabis legalization would be an economic win for Indiana
A regulated cannabis industry would create jobs, generate tax revenue and expand investment opportunities.
Mickey Kim and Roger Lee: ‘Dumb Money’ fuels myth that David ‘GameStonked’ Goliath
| Mickey Kim and Roger Lee
We’re unabashedly “old school” investors who view stocks as ownership interests in the underlying business (not just ticker symbols traded millions of times a day) and value stocks based on future profitability (not what we think the next “sucker” will pay for it).
Cecil Bohanon and John Horowitz: The Fed should keep interest rates where they are
| Cecil Bohanon and John Horowitz
The primary way the Fed tries to maintain low and stable inflation is through the target rate it sets for Fed Funds, which is the interest rate for overnight lending between U.S. banks.
Mark Caswell: Why it’s time to rethink ‘mic drop’ career transitions
I’ve been on both sides: the leader helping someone transition, and most recently, the person going through one.
Made in Indiana: Accu-Chek blood-glucose test strips by Roche Diabetes Care
History: Roche Diagnostics Corp. is a division of Roche, the world’s largest biotech company and a global pioneer in pharmaceuticals and diagnostics. The Indianapolis division began as locally based Bio-Dynamics, in 1964. It produced the first device that could test blood-glucose levels without requiring that blood be sent to a laboratory. Amsterdam-based Boehringer Mannheim Corp. […]
Old City Hall development is ‘huge opportunity,’ although designs remain in their infancy
Early plans for the $150 million project, known for now as the “Alabama Redevelopment,” call for a 387-foot glass tower containing 190 apartments, 24 condominiums, 150 hotel rooms and 8,000 square feet of retail and hospitality space.
