Small businesses in need of loans find stingier lending landscape
Only about 30% of businesses that applied for financing last year got the full amount that they asked for, down from about half in 2019.
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Elon Musk takes 9.2% stake in Twitter; shares skyrocket
Twitter shares exploded 26% in premarket trading after the Securities and Exchange Commission filing showed that Musk snapped up more than 73 million shares, valued at $2.89 billion.
IBJ Podcast: The story behind Andrea Bocelli’s big gig with ISO in Indy
In this week’s episode of the podcast, IBJ arts reporter Dave Lindquist talks with James Johnson, the CEO of the orchestra, about how the Bocelli show came to be and what will make it special for the ISO and the city.
Long COVID accelerating revolution in medical research
The government estimates that between 7.7 and 23 million people may already have long COVID.
Russia war could further escalate auto prices and shortages
The war’s damage to the auto industry has emerged first in Europe. But U.S. production will likely suffer eventually, too, if Russian exports of metals—from palladium for catalytic converters to nickel for electric vehicle batteries—are cut off.
2 workers hurt when building collapses in Johnson County
Some of the workers had to be pulled out of the collapsed structure, said Whiteland Fire Chief Eric Funkhouser.
Thad Matta to return to Butler University to coach men’s basketball
Matta, who took Ohio State University to two Final Fours, coached Butler in the 2000-2001 season and also played at Butler. He replaces LaVall Jordan, whom the school fired on Friday.
Battle heats up over remaining federal rental assistance
The debate is playing out across the country as the Treasury Department begins reallocating some of the $46.5 billion in rental assistance from places slow to spend to others that are running out of funds.
States look for solutions as fentanyl deaths keep rising
Last year, more than 100,000 Americans died of drug overdoses. About two-thirds of the deaths were linked to fentanyl and other synthetic drugs, which can be 50 to 100 times more potent than morphine, heroin or prescription opioids.
City-County Council releases proposed redistricting map
Proposal 157 and the accompanying map come after a two-month, 10-part public forum series and a summary report published earlier this month.
Kristen Cooper: Startup ecosystem needs more female lead investors
Lead investors can be challenging to find, particularly if you are a woman business owner.
Memory Bank: LOVE arrives
LOVE by Robert Indiana, pictured here in 1970, arrived. The sculpture is now located in the museum.
Cecil Bohanon & Nick Curott: Don’t believe everything you read on the internet
| Cecil Bohanon and Nick Curott
Here are three simple tests for any claim: Does the claim sound plausible? Does the claim check out? Is there a cogent theory behind the claim?
Jalene Hahn: Make improvement in these six areas to build wealth
If you are spending more than you earn, your financial situation will deteriorate. Increasing your level of savings will provide future choices.
Broad Ripple booms with new developments that are attracting residents
A six-story, $65 million, multifamily planned redevelopment of the former Kroger store in the heart of Broad Ripple is the latest in a series of substantial projects.
Business owners see short-term pain, long-term gains in year of construction
Work to improve stormwater drainage, plus bridge repair and additions of a trail and elevated crosswalks, will disrupt Broad Ripple through next spring.
Newfields and inclusion are a work in progress
A year after the art museum and gardens unveiled a diversity, equity, inclusion and access plan designed to rebuild trust, it continues to work toward becoming empathetic, multicultural and anti-racist.
Green progress is aim of SEC reporting proposal for public companies
The proposal would require disclosure of risks climate change pose to companies and the amount of greenhouse gas emissions produced by companies and by their supply chain.
IU’s entrepreneurial culture expands with Founders & Funders Network
IU Ventures and its affiliated programs offer “a sense of optimism and sense of constructive change” for entrepreneurs—so much so that one decided to move his company from Chicago to Bloomington.
As Lilly stock surges, endowment prepares to give away more cash
Since early March, the Lilly Endowment has sold 1.3 million shares of Eli Lilly and Co. stock, raising $391 million, according to government filings.