Local software firm ConverSight.ai lands $9M in venture funding
Indianapolis-based software firm ConverSight.ai helps clients analyze their data and make business decisions. The company has raised a total of $15 million since its founding in 2017.
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Italian steakhouse, coffee/wine bar planned for Proscenium tavern in Carmel
The tavern is part of the Proscenium mixed-use development by Carmel-based Birkla Investment Group and Dayton, Ohio-based Woolpert Inc., which opened in 2021.
ACLU of Indiana sues state over inmate’s request for sex-reassignment surgery
The ACLU claims a law passed earlier this year preventing state and federal dollars from being used for such surgeries is unconstitutional.
King’s Hawaiian eyes central Indiana for massive production campus
Plans call for the development to include a 368,000-square-foot main manufacturing plant, a 78,000-square-foot cold storage building and an 86,000-square-foot beverage plant.
Chambers’ record for political donations shows some bipartisan support
As owner of Buckingham Cos., a real estate firm, gubernatorial candidate Brad Chambers made 51 contributions between 1997 and 2022, according to records from the Federal Election Commission, as well as nine additional donations detailed by the Indiana Secretary of State’s campaign finance portal.
IBJ Podcast: State flipping public-input process for upgrading I-65, I-70 through Indianapolis
Indy residents say they want the state to consider elements like signage, the locations of interchanges, pedestrian safety and the way these corridors represent—or fail to represent—the city as a whole.
Global inflation pressures could become harder to manage in coming years, research suggests
Rising trade barriers, aging populations and broad transition to renewable energy are trends that could make it harder for the Federal Reserve and other central banks to meet their inflation targets.
State spending $7.7M on new firefighting training sites
Gov. Eric Holcomb on Friday announced the first phase of a large-scale plan to expand physical firefighting training for Hoosiers.
Auto parts maker to close Indiana plant with 155 workers
The plant produces automotive switch-related components such as steering pad switches, power seat switches, hazards, and door lock switches.
I Made Rock ’N’ Roll initiative to launch Black music festival in Indianapolis
Cultural firm GangGang and concert company Forty5 unveiled plans for I Made Rock ’N’ Roll during a Rock the Ruins show in Holliday Park on Friday night. Organizers said the festival will be the first of its kind in the United States.
Cecil Bohanon and John Horowitz: Shareholder limited liability brings trade-offs
| Cecil Bohanon and John Horowitz
These stories remind us that modern corporations, where shareholders are granted limited liability, reflect a classic legal and economic trade-off.
Pete the Planner: When you get the chance to exhale, be proactive
You always need a short- to mid-term financial goal. Always.
Angie Stocklin: How raising a baby resembles building a company
Here is my kind of silly, kind of fun, but oh-so-true similarities of how raising our baby is like building my company.
Law firms see growing demand for advice on environmental, social investing issues
Business interests ranging from individual companies to investment funds are seeking legal advice on the drafting of internal compliance policies related to environmental, social and governance issues.
Utility expansion in HamCo’s tiny Bakers Corner could start development surge
Last year, Hamilton County announced a $45 million plan to extend sewer and water utilities to Bakers Corner. An additional $20 million from the state will allow the county to create a regional utility district.
Projects spur renaissance of North Mass, once considered eyesore of city’s past
In the past decade, the area has grown into one of the region’s hot spots, in part because a handful of developers is embracing the area’s industrial roots.
Made in Indiana: Natural garden products by BugHut
History: Kylie and Paul Garcia started selling products in 2022 to gardeners looking for pet- and pollinator-friendly options that were free of harsh chemicals but typically available only to commercial growers. Initially, BugHut offered three products that were repackaged biologics sold commercially by DakotaBIO, which is owned by Kylie’s parents. Over the past two years, […]
Worker shortage leads firms to hire more ex-offenders
More than ever, Indianapolis-area companies are becoming so-called “second-chance employers” willing to hire people with arrest records and providing additional services to ex-offenders needing first jobs.
Mark Montieth: Spirited storytellers
Two prominent and local ex-athletes are among the expanding roster of participants in the ever-growing industry of spirits, but they’re doing more than lending a name to a label or cutting a commercial.
Editorial: Innovation event holds promise for boosting state’s reputation
We appreciate the bigger goal of creating a can’t-miss, Midwest-based innovation conference, something that commands the attention of venture capitalists, entrepreneurs, researchers and big-thinkers from the coasts and from across the world. There’s no reason an event like that can’t take place in Indianapolis.