Moon Drops Distillery ready to welcome customers in Fortville
On Dec. 8, the distiller will open a tasting room inside its 9,000-square-foot main building at 738 W. Broadway St.
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Diabetes drug Lilly abandoned has new life
In an amazing resurrection, teplizumab, developed by another company after Lilly trials were a letdown, is one of the hottest new drugs on the market.
Carmel-based developer looking to build 70 townhouses in Lebanon
The development, called Onyx Point, would consist of 12 two-story buildings on 5.7 acres at 2620 N. Lebanon St.
IU plans science and tech corridor in Indianapolis to boost STEM degrees
The IU SciTech corridor will begin at the corner of Michigan and West streets, one of the main entrances to the downtown campus and house both IU and Purdue programs, President Pamela Whitten told the university’s board Friday.
Opioid settlement cash to be in local hands within a week
Months after Indiana’s attorney general said he’d send about 660 local governments their shares of the state’s $507 million opioid crisis settlement with drug manufacturers and distributors, none have received the money.
U.S. added 263,000 jobs in November, a strong showing amid tech slowdown
The U.S. labor market showed little sign of slowing last month, maintaining a surprisingly robust pace despite a slowdown in the tech industry.
Black clergy say a candidate’s position, not race, will determine faith community’s support
Black clergy, who often carry significant influence with African American voters, say it’s time for a Black mayor. But several told IBJ they are not prepared to say the Black faith community will support any of the Black candidates over Hogsett until they learn more about them.
Indianapolis startup Overfuel aims to streamline website experience for car dealers
Overfuel, which had its public launch this week, is targeting small- to medium-sized independent car dealers, offering them software that helps them streamline their websites and glean more information about customers’ online activities.
IBJ Holiday Wish List for Dec. 2, 2022
Wish List is our effort to help connect not-for-profits with people who can help them. Anyone who wishes to contribute should contact the organization directly.
Hogsett appoints city’s first chief diversity officer, reorganizes cabinet
A pre-election revamp of the mayor’s cabinet includes the appointment of the first diversity officer, a new senior adviser and new deputy mayors.
EPA seeks to mandate more use of ethanol, other biofuels
The move was welcomed by renewable fuel and farm groups but condemned by environmentalists and oil industry groups.
Musk’s company aims to soon test brain implant in people
Elon Musk’s Neuralink is one of many groups working on linking brains to computers, efforts aimed at helping treat brain disorders, overcoming brain injuries and other applications.
Congress votes to avert rail strike amid dire warnings
Legislation to avert what could have been an economically ruinous freight rail strike won final approval in Congress on Thursday as lawmakers responded quickly to President Joe Biden’s call for federal intervention in a long-running labor dispute.
Zoo announcing $53M campaign to fund chimp exhibit, welcome center and more
Already, the zoo has raised 60%, or $31.8 million, of its goal, with gifts from several institutions, including the Lilly Endowment.
Eli Lilly’s report card on racial justice effort shows $15.6M in donations
The Indianapolis-based drugmaker released a report card Thursday that outlined its progress “to support effective solutions” to racial inequity and social injustice. In addition to donations, the company has committed tens of millions of dollars to other diversity efforts.
Carmel symphony gears up for holiday shows and 2023
Artistic director of the Carmel Symphony Orchestra says the ensemble is becoming a point of pride for the city.
Party City restarts talks with creditors as cash pile dwindles
Party City’s debt load is unsustainable, according to S&P Global Ratings, which downgraded the company deeper into junk territory last month.
Supreme Court keeps student-loan cancellation plan blocked for now
The Supreme Court on Thursday agreed to take up the case in late winter. The court’s decision to hear arguments relatively quickly means it is likely to determine whether the widespread loan cancellations are legal by late June.
Emmis Corp. sells Indianapolis Monthly magazine
Founded in 1977 and originally known as Indianapolis Home & Garden, Indianapolis Monthly magazine was purchased by Emmis in 1988.
Biden’s bid to restore student-debt relief rejected by another court
Wednesday’s ruling by a three-judge panel of the New Orleans-based court is the latest blow to a plan that has been shadowed by legal doubt since President Joe Biden announced it in August.