Developer puts Mass Ave office building across from Bottleworks under contract
Indianapolis-based Landmark Properties plans to buy the five-story Center Township Trustee’s building, with an eye toward office and first-floor retail uses.
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Next on FDA’s agenda: Booster shots of Moderna, J&J vaccines
On Thursday and Friday, the FDA convenes its independent advisers for the first stage in the process of deciding whether extra doses of the two vaccines should be dispensed and, if so, who should get them and when.
Already, 18 weather disasters costing at least $1B have hit U.S. this year
These 18 events put 2021 in second place for the most billion-dollar disasters behind 2020, when there were 22 such events.
Customs dispute jeopardizes U.S. fish stick, filet supply
The dispute at the U.S.-Canada border is threatening America’s supply of Alaska pollock, a key fish used for popular products such as fish sticks. Most fast-food fish sandwiches, including the McDonald’s Filet-O-Fish, are made from pollock.
Southwest cancels hundreds more flights, stranding passengers
Southwest Airlines canceled more than 350 flights Monday following a weekend of major disruptions that it blamed on bad weather and air traffic control issues.
WNBA considering expansion, changes to playoff format
The WNBA finds itself at a crossroads, of sorts, as viewership of the league continues to trend upward. With interest at an all-time high, but only 12 franchises in the league, the constant conversation centers on expansion.
Lilly CEO says letting Medicare negotiate drug prices would bring research cuts
“A cut [in drug prices] like is being proposed would have about a 40% reduction in our U.S. revenues,” Lilly CEO David Ricks said in a television interview this week with Gerry Dick on Inside Indiana Business, a division of IBJ Media.
IndyCar picks Levi Jones to run Indy Lights feeder series
Levi Jones, a veteran sprint car driver and current USAC executive, was named director of the Indy Lights on Monday as the junior racing series readies for its transition to management by IndyCar.
Fast-growing chicken-wing chain plucks downtown location
The publicly traded firm is on a tear, having added 153 wing-and-tender spots in 2020. Its downtown eatery will join several that already ring the city.
Indiana reports first increase in COVID-19 hospitalizations in five days
The Indiana State Department of Healthreported 1,114 new cases of COVID-19, raising the pandemic total in the state to 987,164 cases.
Southwest Airlines flight cancellations continue into Monday
By late morning Monday, Southwest had canceled about 365 flights—10% of its schedule for the day—and more than 600 others were delayed.
Survey: Cyberattacks concerning to most U.S. citizens
The poll shows that about 9 in 10 Americans are at least somewhat concerned about hacking that involves their personal information, financial institutions, government agencies or certain utilities.
Fast25 – 2021
Welcome to Fast 25, IBJ’s annual ranking of the fastest-growing companies in the Indianapolis area. Percentages below are revenue growth for FY 2018 to 2020. Revenue is for FY 2020. Click here to see IBJ’s list of fastest-growing Indianapolis-area private companies. Sharpen Technologies Inc. 555% Revenue: $9 million GenTech Associates Inc. 251% Revenue: $14.8 million […]
IBJ Podcast: Will a joint men’s and women’s Final Four solve the NCAA’s equity problem?
Host Mason King talks with IBJ sports business reporter Mickey Shuey and with Michelle Perry, a former NCAA executive and now a sports consultant, about what a combined Final Four event could mean for the city of Indianapolis, women’s basketball and the sport’s fans.
Advocates, lawmakers push hospitals to help more with bills
The Affordable Care Act requires not-for-profit hospitals to tell patients about financial help, but it leaves the details for how that gets done or the extent of the assistance largely up to them. Patient counselors see little consistency.
Southwest Airlines cancels more than 1,000 Sunday flights
The airline canceled more than 1,000 flights in total, or 29% of its schedule, as of 7 p.m. Sunday, according to flight tracker FlightAware. That was the highest rate by far of the major U.S. airlines.
Global minimum tax on corporations likely to be in reconciliation bill, Yellen says
Each country that signed the deal must pass legislation to enact the measure, which is aimed at limiting corporations’ ability to lower their tax bills by shifting profits to the lowest-tax jurisdictions globally.
One of Indiana’s GOP senators endorses Donnelly’s nomination
Also, Notre Dame President Rev. John Jenkins called Donnelly “an ideal choice to represent the United States at the Vatican.”
Experts worry summer’s robust restaurant industry rebound was ‘an artificial sugar rush’
More than half of 4,000 restaurant operators surveyed in September by the National Restaurant Association say that business conditions are worse now than three months ago.
