Eli Lilly settles class-action insulin lawsuit for $13.5M
Under the agreement, Lilly has agreed to continue its cap on out-of-pocket costs for its users at $35 a month for four years.
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Chreece unveils artist lineup for Fountain Square hip-hop festival
More than 80 performances are planned at eight venues when the sixth edition of Chreece is presented in August.
CEO pay hikes at S&P 500 companies slowed in 2022
Pay disparity between chief executives and rank-and-file workers, which has been widening for years, narrowed only slightly.
Dance Kaleidoscope hires Joshua Blake Carter as artistic director
Atlanta native Carter becomes the fifth artistic director in Dance Kaleidoscope’s 50-year history.
U.S. job openings rise unexpectedly to highest mark since January
The resilience of the American labor market continues to complicate the Federal Reserve’s efforts to fight inflation.
KSM exec Luke Bosso to lead IUPUI athletics program
Bosso joins IUPUI a little more than a year before the school transitions to Indiana University Indianapolis at the start of the 2024-2025 academic year.
TSA records busiest day since 2019 amid smooth holiday for air travel
The figures are an early sign of strong travel demand as summer arrives and an indication that the system is ready for heavy volumes of passengers, with few disruptions reported in recent days.
Debt ceiling package heading toward crucial U.S. House vote
President Joe Biden and Speaker Kevin McCarthy are assembling a coalition of centrist Democrats and Republicans to push the package to passage over fierce blowback from conservatives and some progressive dissent.
Local cold storage firm founded in 1951 acquired by South Dakota biz
MW Cold, a fourth-generation company that operates two large cold-storage facilities in central Indiana, is under new ownership.
As Supreme Court considers affirmative action, colleges see few other ways
As the Supreme Court decides the fate of affirmative action, colleges nationwide are bracing for setbacks that could erase decades of progress on campus diversity.
Indy 500 viewership bounces back after low ratings in 2022
This year’s Indianapolis 500 attracted an average of 4.92 million viewers during the afternoon broadcast by NBC and Peacock.
Arrow McLaren calls off Whitestown move, to take over Andretti HQ in Indy
The decision comes one year after McLaren said it would spend $25 million to build a 97,000-square-foot facility in Whitestown to house its Arrow McLaren SP IndyCar team, workshops and a training center.
TWG plans $17M revamp of Meridian Street apartment tower
The Indianapolis-based company expects to renovate all 96 units in the vacant Grand Meridian apartment building, as well as replace its windows, roofing and other building infrastructure.
RH, DSW stores on the move along 86th/82nd Street corridor
A former Bed Bath & Beyond location will become home to RH and DSW, two retailers familiar to shoppers along the north-side corridor.
U.S. consumer confidence declines for 4th time in 5 months
Consumer confidence fell in May as Americans became more pessimistic about the labor market, on top of elevated anxiety over inflation.
Advisory opinion calls on officials, attorneys to avoid conflicts of interest
The Indiana Supreme Court Disciplinary Commission said public officials and government lawyers should avoid potential conflicts when moving between public and private service, or from one government agency to another.
IBJ Podcast: Indiana becoming garden spot for vital ag innovation, food security
Host Mason King talks with AgriNovus chief Mitch Frazier, who has one of the most expansive and rounded perspectives of agricultural innovation in the state, details how Indiana is becoming a major player in vital issues of food security.
McCarthy, Biden race to woo lawmakers to pass debt ceiling package
The bill faces a tricky path to final passage, which must happen by June 5, when the federal government will exhaust funding to pay its bills.
Newgarden earns record $3.6M for Indy win; Pedersen gets rookie of year honor
Indy’s total purse of $17,021,500 broke last year’s mark by more than $1 million.
Penske: IndyCar sure to investigate wheel that flew over stands from Indy 500 wreck
The owner of the Chevrolet that took the brunt of the damage from the flying wheel was treated with a chance to kiss the yard of bricks and got a ride home from the track’s president.