Massachusetts Gov. Charlie Baker to be next NCAA president
Current president Mark Emmert announced he would step down earlier this year after 12 years of leading the NCAA through a tumultuous time.
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INDOT releases potential options for I-65 interchange to serve LEAP district
The Indiana Department of Transportation released a study that includes five possible locations for the interchange northwest of Lebanon near the planned site of the LEAP Lebanon Innovation and Research District.
Hillenbrand agrees to sell storied Batesville Casket Co. for $761M
The company announced the deal Thursday morning, a move that would result in the selling off of the business and brand that served as the roots for the larger Hillenbrand company in Batesville starting in 1884 and would grow to become the nation’s largest casket maker.
Major Indianapolis trade show ousts leader just days after event
One of Indianapolis’ largest trade shows abruptly fired its top executive this week without explanation, just days after welcoming 50,000 attendees to its show at the Indiana Convention Center.
Indiana DOE seeks to double funding for English learners
Indiana’s English learner population has increased by 52% over the last five years.
Indiana auto crashes cost 900 lives, $8B annually, report says
To reduce crashes and fatalities, the group says Indiana should adopt a list of new laws, ranging from a motorcycle helmet mandate to a requirement that learners complete more drive time before qualifying for a license.
Trump Org. was secretly held in contempt for hindering probe
The Trump Organization was found to have been “willfully disobeying” four grand jury subpoenas and three court orders by repeatedly failing to turn over evidence in a timely fashion.
City seeks developer input on former Oaktree Apartments site
The city is seeking input from developers on how to revitalize the former site of a long-troubled apartment complex on the far-east side of Indianapolis, officials announced Wednesday.
IBJ Media Event Schedule
IBJ Media Event Schedule Throughout the year, IBJ Media hosts a series of high profile events ranging in size from 300 to 800 attendees. Decision makers and business owners from all industries regularly come together to network, hear experts in their fields, and recognize businesses and individuals who positively impact our business community.
Great SPAC crash of 2022 deepens as investors cash out in droves
At least 80 special-purpose acquisition companies, which have raised $24 billion in total, face a wall of investor meetings that will give clients the chance to exit ahead of a new U.S. tax that could hurt their returns.
Fed raises key rate by half-point, signals more hikes to come
Consistent with a sharp slowdown, Fed officials projected that the economy will barely grow next year, expanding just 0.5%, less than half the forecast it had made in September.
Abdul-Hakim Shabazz officially exploring mayoral run
The outspoken political commentator and editor of IndyPolitics.org, plans to create an exploratory committee as he considers a potential run for Indianapolis mayor as a Republican.
Dirty Dough gourmet cookie company plans 3 Indianapolis-area stores
Upstart Dirty Dough, already entangled with Crumbl Cookies in ‘Utah cookie wars,’ will compete in Indiana.
State touts record $22B in economic development commitments
Indiana Gov. Eric Holcomb said 218 companies committed this year to locate or expand in Indiana this year, with plans to add a total of 24,059 Hoosier jobs.
CIB set to spend $3.7M on carpet replacement for Indiana Convention Center
The CIB expects installation to begin in June and to be finished by the end of the year. The carpet should last at least seven to nine years, though the current carpet has lasted for 11 years and convention center officials believe they can match that with proper maintenance.
Buckley not seeking fourth term as Beech Grove mayor
Beech Grove Mayor Dennis Buckley announced Wednesday that he will serve out his current term, which ends Jan. 1, 2024, and then retire from public service.
Company holiday parties are back, but with some restraint
More than 57% of companies are planning in-person holiday celebrations this year, according to a survey conducted by Challenger, Gray & Christmas, a hiring firm. That’s a big leap from the past two years.
TrendyMinds acquires Fishers marketing agency
The Indianapolis-based digital marketing agency announced Wednesday it has acquired Fishers-based Statwax, a performance marketing agency that focuses on data science and analytics.
Fed set to extend inflation fight with 7th rate hike of 2022
The six rate hikes the Fed has already imposed this year have raised its key short-term rate to a range of 3.75% to 4%, its highest level in 15 years.
Holcomb holding endorsements to focus on upcoming legislative session
It also remains unclear whether Holcomb will seek a new political office after he concludes his second term as governor.
