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Fishers-based ‘blank check’ company finds acquisition target

July 6, 2022 | Susan Orr

Fishers-based American Acquisition Opportunity Inc. says it has entered into a merger agreement with Royalty Management Corp. in an all-stock deal that values Royalty Management at $111 million. The merger will create a new Fisher-based public company.

Indiana farmers battle production cost spikes

July 6, 2022 | Casey Smith, Indiana Capital Chronicle

Facing steep increases in food production costs, Indiana farmers warn that consumers are likely to see continued price jumps at stores later this year.

U.S. job openings slip, but employment landscape remains solid

July 6, 2022 | Associated Press

U.S. employers advertised fewer jobs in May as the economy has shown signs of weakening, though the overall demand for workers remained strong.

How hotel satisfaction promises have led to more discontent

July 6, 2022 | Associated Press

Some hospitality experts say that promise—a 100% refund if customers weren’t 100% happy—might’ve made things worse for both the customers and the hotels.

Next frontier for drones is letting them fly out of sight

July 6, 2022 | Associated Press

Aviation authorities in the U.S. and elsewhere are preparing to relax some of the safeguards they imposed to regulate a boom in off-the-shelf consumer drones over the past decade.

Pickle pizza among 22 new vendor menu items at Indiana State Fair

July 6, 2022 | Dave Lindquist

Two alcoholic beverages, Sun King’s Caramel Corn beer & Hi and Mighty’s Lemon ShakeUp, will join the roster of menu items.

Pickle pizza

Andretti calls team’s meltdown, hot tempers at Mid-Ohio ‘unacceptable’

July 6, 2022 | Associated Press

Teammates Romain Grosjean and Alexander Rossi played bumper cars in a race for position that turned personal. Rossi also hit rookie teammate Devlin DeFrancesco. Grosjean hit Colton Herta, and IndyCar penalized both Rossi and Grosjean for avoidable contact.

IPS expanding virtual tutoring at low-performing schools

July 5, 2022 | Aleksandra Appleton, Chalkbeat Indiana

Virtual tutoring is the latest addition to a suite of tutoring efforts the district is launching to address academic declines after the COVID-19 pandemic.

big-pic-ips-042312-2col.jpg

$13.1 million awarded to help Hoosiers with eviction legal services

July 5, 2022 | Indiana Capital Chronicle staff

Lt. Gov. Suzanne Crouch and The Indiana Housing and Community Development Authority on Tuesday announced a new partnership with the Indiana Bar Foundation to provide legal services for Hoosiers facing eviction.

Smithfield Foods settles pork price-fixing lawsuit for $42M

July 5, 2022 | Associated Press

The lawsuit remains pending against other major pork producers, including Hormel, Tyson Foods, Seaboard Foods and Triumph Foods, and the Agri Stats database company they allegedly used to share confidential information.

Mexico leader to end daylight saving, keep ‘God’s clock’

July 5, 2022 | Associated Press

Mexico’s president has submitted a bill to end the practice of changing clocks twice a year. The change would mean central Mexican time, which covers most of the country, could be permanently two hours behind the east coast of the United States.

Greg Garrison gets challenger in race for Hamilton County prosecutor

July 5, 2022 | Daniel Bradley

Jessica Paxson, who has served as Hamilton County’s deputy prosecutor for seven years, will run as a Democrat.

Boone County Chamber of Commerce hires new executive director

July 5, 2022 | Mary Roberts, Inside INdiana Business

The chamber said Joslyn McGriff-Bensley brings more than 15 years of leadership and professional experience to the position, including strategic planning, project management and relationship building.

As Indiana considers second tax refund, some wonder: where’s the first?

July 5, 2022 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

As of June 22, Indiana had issued about $245.6 million in refunds, according to the Department of Revenue. That’s about 45% of the $545 million Gov. Eric Holcomb promised to return when he announced the move in December 2021.

Katz Korin Cunningham becomes Stoll Keenon Ogden in merger

July 5, 2022 | Indiana Lawyer Staff

Katz Korin Cunningham, a fixture in the Indianapolis legal market since 1994, has merged with Stoll Keenon Ogden PLLC, a regional law firm based in Kentucky, the firms announced Tuesday.

Airport Authority to buy nearly 58 acres near Mount Comfort airfield

July 5, 2022 | Mickey Shuey

The decision to buy the privately owned property came after seeing the swiftness with which developers have moved to acquire thousands of acres near the Indianapolis Regional Airport for their own projects.

Survey: Many won’t rely on virtual options after COVID

July 5, 2022 | Associated Press

Close to half or more of U.S. adults say they are not likely to attend virtual activities, receive virtual health care, have groceries delivered or use curbside pickup after the coronavirus pandemic is over.

Companies could face hurdles covering abortion travel costs

July 5, 2022 | Associated Press

Many companies have announced plans to offer travel benefits for abortions without the infrastructure in place to make them work.

IBJ Podcast: What lies beneath downtown’s Diamond Chain site?

July 5, 2022

Of course, there are the usual concerns about environmental impacts that come with any industrial site. But this particular spot—now earmarked for the Indy Eleven’s 20,000-seat stadium—was also the city’s first burial ground.

Flight cancellations ease slightly as July 4 weekend ends

July 4, 2022 | Associated Press

In the U.S., the rate of cancellations over the last two weeks is up 59% from the same period in 2019, before the pandemic, likely due to a combination of weather, staffing shortages and air-traffic issues.

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JUNE 12-18, 2026

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Orr Fellowship sees success in Evansville expansion

Susan Orr

Grand Park Sports Campus adds NFL flag football youth event

Mickey Shuey

Q&A: CEO leads OrthoIndy through period of growth

Daniel Bradley
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