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MBX Biosciences gets FDA green light to move second drug into human testing
The U.S. Food and Drug Administration gave the green light to MBX to test a drug for post-bariatric hypoglycemia, a rare disease and a serious complication of bariatric surgery, the company said Monday.
As students left IPS, leaders paid COVID aid to company to get them back
The district’s $269,600 deal with Caissa highlights the increased competition Indianapolis Public Schools is confronting from local charter schools and vouchers.
Property loans are so unappealing that banks want to dump them
This year’s rise in borrowing costs has made commercial real estate one of the hardest-hit areas of the economy. Property sales, especially for office buildings, have slowed to a trickle, giving landlords and lenders few markers to determine the value of certain assets.
Trucking giant Yellow Corp. declares bankruptcy after years of financial struggles
The Chapter 11 bankruptcy filed Sunday arrives just three years after Yellow received $700 million in pandemic-era loans from the federal government. Yellow has hundreds of workers in Indiana.
Tyson Foods closing 4 chicken processing plants, including one in Indiana
In a cost-cutting move, Tyson said it will shift production to other facilities and halt operations at the four plants in the first two quarters of fiscal 2024.
Gen Con extending its stay in Indianapolis through 2030
Fresh off a record year for attendance, the Seattle-based tabletop gaming convention has signed a four-year extension to its contract with tourism agency Visit Indy.
IBJ Podcast: Farming challenges mount as Indiana gets hotter and wetter, but crops will have staying power
Three members of Purdue’s agronomy faculty—including an expert in soybeans and an expert in corn—explain how climate change is playing out on the ground in Indiana farm fields.
Purdue board OKs new $12M airport terminal, 900-bed residence hall
Rob Wynkoop, vice president of auxiliary services at Purdue, said the university has been actively exploring the return of commercial air service to the airport.
EPA’s ambitious plan to cut auto emissions runs into skepticism
The U.S. government’s most ambitious plan ever to slash planet-warming greenhouse gas emissions from passenger vehicles faces uncertainty over both about how realistic it is and whether it goes far enough.
Big Ten Conference adds Oregon, Washington as members
Meanwhile, the Big 12 completed its raid of the beleaguered Pac-12 by adding Arizona, Arizona State and Utah.
Mark Caswell: How and why to implement a business operating system
A business operating system is a framework for running an entire business—everything from strategic planning to day-to-day operations.
Indiana sports wagers begin to dip as neighboring states join the market
Last year, Indiana sports betting peaked at $4.4 billion worth of bets, but Hoosier sports wagers slowed in the first half of 2023 when Ohio joined the fray. For instance, in June, sports betting in Indiana was 13% lower than the $256 million registered in June 2022.
Made in Indiana: Perfume and other fragrances by Annie Oakley Perfumery & Studio
History: Renee Gabet was a single mother looking for a new career in the early 1970s when she found success selling homemade jewelry at art fairs and Western-themed events. Remembering her love for frequenting the perfume section of Fort Wayne’s Wolf and Dessauer department store as a girl, Gabet developed a cowgirl-themed fragrance—with the help […]
Carey Dahncke: Reimagining Indiana’s postsecondary pathways
Too many graduating seniors and employers are in a holding pattern, waiting for opportunities. To create real and lasting change, we must continue to reimagine a system where students and future employers collaborate alongside one another before these students enter the workforce.
William Powell: Reclaiming audiences will require creative thinking
Theaters must draw people back by presenting dynamic, highly entertaining performances, or they won’t last in a hyper-competitive marketplace.
Letter: Sustained effort needed to save Indiana wetlands
Polling shows a majority of Hoosiers favor sensible regulatory protection of wetlands, yet they remain a target of developers with powerful connections.
Cecil Bohanon and John Horowitz: Constitutional reform needs to be taken seriously
Of course, people have different opinions about how hard constitutional change ought to be.