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Katie Culp: Approach new innovation districts with optimism

April 22, 2022 | Katie Culp

Under this new system, the state, a county, a city, or a town, is empowered to create districts which capture new property taxes, including TIF, but also capture incremental sales and income taxes. This ability creates the potential to generate the most lucrative economic value of any state or local incentive program in Indiana.

Allegion to acquire Stanley Black & Decker business for $900M

April 22, 2022 | Susan Orr

Security-products company Allegion, which has about 1,300 employees at its Americas headquarters in Carmel, expects to close the largest deal in its history in the third quarter.

Indiana shows no progress in easing low-income housing shortage, report reveals

April 22, 2022 | Leslie Bonilla Muñiz

There are just 38 affordable units available to every 100 Indiana renters making 30% or less of the area media income, according to the report by the National Low Income Housing Coalition and Prosperity Indiana.

Jones leads race for campaign cash in crowded state Senate primary

April 22, 2022 | Emily Ketterer

Democrat Kristin Jones has raised more than $115,000 throughout the course of her campaign for Senate District 46 in Indianapolis. Her closest fundraising competitor in a five-way primary reported just over $68,000 in campaign contributions.

Downtown Indy Inc.’s top executive to step down

April 22, 2022 | Mickey Shuey

Sherry Seiwert, who has served as president and CEO of the Downtown Indy since 2012, said she believes it is “time for new leadership.”

Marketing-tech startup Prodport lands $3.6M investment

April 22, 2022 | Susan Orr

Prodport’s CEO and cofounder is Ohad Hecht of Carmel, who formerly led marketing-tech firm Emarsys until leaving that company last year.

Indianapolis lands $5M grant for Nickel Plate Trail

April 22, 2022 | IBJ Staff

In addition, Fishers received $4.5 million and Noblesville acquired $3.1 million in funding through the Next Level Trails program to build portions of the Nickel Plate Trail north of 96th Street.

Indiana candidate traded $1M lake home for garage apartment

April 21, 2022 | Associated Press

Indiana congressional candidate Mike Sodrel changed his voter registration last year to an address local officials say isn’t a residence—a large metal-sided garage that he says has a two-bedroom bachelor pad inside.

U.S. airlines say they’ve reached a turning point in recovery

April 21, 2022 | Associated Press

After a lousy first quarter, Airlines expect to be profitable as Americans return to travel in the biggest numbers since the start of the pandemic.

Rents across the United States continue to skyrocket

April 21, 2022 | The Washington Post

The burden of rising rents falls heaviest on younger households, as well as on Black and Hispanic families, further exacerbating long-simmering inequalities.

Jernstedt ‘celebration’ includes unveiling of downtown Indy statue

April 21, 2022 | Associated Press

Tom Jernstedt, long dubbed the “Father of the Final Four,” died in September at age 75. His widow, Kris, has scheduled a “celebration of life” at 2 p.m. at Gainbridge Fieldhouse on Saturday.

Pit concerns dissipate as IndyCar drivers crank up speed

April 21, 2022 | Associated Press

IndyCar drivers got back to testing at Indianapolis Motor Speedway on Thursday. This time, there were no spins, no crashes and not as much talk about the slick warmup lane. Thirty-one of the 32 drivers entered in the Indianapolis 500 next month participated.

Elon Musk signals with $46.5 billion he’s serious about buying Twitter

April 21, 2022 | The Washington Post

Elon Musk’s offer, made public in a filing Thursday, shows he is willing to risk some of the lucrative Tesla shares that have made him the world’s richest person to acquire the platform Musk has described as a modern-day town square.

Crawford County judge involved in 2019 Indy shooting ends reelection bid after ‘incident’

April 21, 2022 | Indiana Lawyer Staff

Sabrina R. Bell of the Crawford Circuit Court announced Wednesday that she was ending her reelection campaign, just weeks before the May 3 primary election. Bell was first elected in November 2016.

NBA 2K League tips off esports campaign in Indianapolis

April 21, 2022 | Mickey Shuey

The first major in-person esports event to be hosted in the city, the 2K League tournament drew more than 250 people to its custom-built studio space across from the Indiana Convention Center.

Corporate Discount Program – Registration

Let’s Get Down to Business Explore our two programs designed to help companies offer a discounted rate to The Business News Subscription. Both options include unlimited print & digital content from the IBJ and Inside INdiana Business, subscriber-only discounts + much more. You can sign up for one or both!  Ready to Learn More? Complete […]

Fewest Americans collecting jobless aid since 1970

April 21, 2022 | Associated Press

About 1.42 million Americans were collecting traditional unemployment benefits in the week of April 9, the smallest number since Feb. 21, 1970.

Nassar victims seeking $130M from FBI over bungled probe

April 21, 2022 | Associated Press

Thirteen sexual assault victims claim a bungled investigation by federal agents led to more abuse by the former sports doctor for Michigan State University and Indianapolis-based USA Gymnastics.

larry nassar

Cummins to spin off filtration business into separate public company

April 21, 2022 | Susan Orr

Columbus-based Cummins has confidentially filed paperwork with the Securities and Exchange Commission for an initial public offering for its filtration business. Cummins announced last summer that it was looking at “strategic alternatives” for the business.

rop-cummins-110215-2col.jpg

In Indianapolis, Record Store Day is a full weekend of celebrating vinyl

April 21, 2022 | Dave Lindquist

After local shops observe Record Store Day on April 23, Indy CD & Vinyl will throw a 20th-anniversary party on April 24.

Andy Skinner
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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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