Lilly to sell off drug for low blood sugar in deal worth up to $1.1B
Worldwide sales of Baqsimi totaled $139.3 million last year, representing less than 1% of Indianapolis-based Lilly’s worldwide revenue of $28.5 billion.
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Indianapolis relaunches rental assistance program
The IndyRent application will reopen Thursday, April 27, with some new changes to the requirements and application process.
Banks paying savers again after years of low rates
Banks were initially slow to raise their payouts as the Fed raised rates because they were awash in deposits. But those deposits have shrunk over the past year because inflation forced consumers and businesses to dip into their savings.
Cities reviving downtowns by converting offices to housing
A growing number of developers are considering converting empty office towers into housing as part of an effort to find uses for properties that emptied out during the pandemic.
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IBJ Podcast: Joel Kirk on how Indy became a musical incubator for Broadway
Kirk tells the origin story of Discovering Broadway and explains how this one-man show—at least until recently—persuaded producers and creators with international reputations to make central Indiana their workshop.
Time running out for state lawmakers to deliver on health, education and tax promises
| Whitney Downard, Indiana Capital Chronicle and Casey Smith, Indiana Capital Chronicle and Leslie Bonilla Muñiz, Indiana Capital Chronicle
Indiana’s lawmakers are nearing the end of a grueling nearly four-month legislative session, but three of their biggest priorities—aside from the budget—remain unresolved.
IBJ wins nine awards in Indiana journalism competition
IBJ reporter Susan Orr and Managing Editor Greg Weaver each won two awards at the Best of Indiana Journalism Awards, hosted by the Indiana Professional Chapter of the Society of Professional Journalists.
Bed Bath & Beyond files for bankruptcy protection, plans to close stores
The retailer has set a closing deadline for its stores, including those in Carmel, Noblesville, Greenwood and Bloomington, and announced it will stop accepting its ubiquitous coupons soon.
Here’s what the Supreme Court abortion pill ruling means and what’s next
The Supreme Court has preserved full access to mifepristone, a key abortion medication, while a lower court considers whether to restrict when and how the drug should be prescribed.
Zylo, Glassboard, Qualifi, Allegion among 2023 Mira Award winners
The Mira Awards, now in its 24th year, is Indiana’s oldest and largest tech awards program. Winners were announced at an awards gala Saturday evening in downtown Indianapolis.
New UAW leader already has issues with Detroit automakers
Indiana native Shawn Fain, who took office in March after workers voted to sweep out most of the union’s old leadership, listed grievances with Stellantis, General Motors and Ford in a wide-ranging talk Friday.
Shreve says Hogsett must appoint public safety director now
Following a day in which Indianapolis was the site of eight separate shooting incidents, Republican mayoral hopeful Jefferson Shreve called on Democratic Mayor Joe Hogsett to appoint a public safety director immediately.
Pete the Planner: Was March a good money month for you? Don’t waste it.
Based on the time of year it is right now, there’s some inherent positivity afoot.
Cecil Bohanon and John Horowitz: A look at the surprising origin of economics
| Cecil Bohanon and John Horowitz
The word economics, however, traces to the Greek word oikonomia, which, in ancient Greece, meant estate management.
City looks to reduce surface lots while leaving room for commuters
Indianapolis officials want fewer parking lots downtown, reflecting part of a national movement that envisions less reliance on cars, more use of mass transit and a reduction in carbon emissions.
Lawmakers wrangle over workforce initiatives
Employers, lawmakers and business leaders together have crafted legislation that encourages people to stay in high school and pursue postsecondary education or to revisit educational opportunities later in life.
Drug manufacturer grows amid contracting boom
Fishers-based INCOG Biopharma Services Inc., one of the newest players in the $132 billion contract drug manufacturing industry, acts as a behind-the-scenes player for companies that need to get sterile injectable medicines to market in a hurry.
Tiffany Sauder: 4 things you must get right to win at entrepreneurship
It took us five years to figure out what business we were in, eight more to grow fast and almost crash into oblivion, and five more to rebuild the foundation of the business for sustainable, profitable growth.