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Fed chair: Economy looks resilient despite risk of China virus

February 11, 2020 | Associated Press

Jerome Powell told Congress on Tuesday that the Fed is monitoring developments stemming from the coronavirus, which he said “could lead to disruptions in China that spill over to the rest of the global economy.”

Open jobs fall sharply for 2nd straight month

February 11, 2020 | Associated Press

U.S. businesses sharply cut the number of open jobs in December for the second straight month, an unusual sign of weakness in an otherwise healthy job market.

Fever’s Catchings headlines women’s hoops Hall of Fame class

February 11, 2020 | Associated Press

Tamika Catchings won collegiate and Olympic titles before spending her entire 15-year professional career with the Indiana Fever and leading the team to its lone WNBA title in 2012.

New owners plan wholesale change for vacant Marsh in Lawrence

February 11, 2020 | Mickey Shuey

Two brothers who hail from the Lawrence area have purchased North Lawrence Shopping Center in part to relocate their business, SE Imports & Wholesale. But another grocery is expected as well.

Sullivan’s Hardware buys Fishers garden-and-home center for $5M, plots growth

February 11, 2020 | Kurt Christian

After more than 40 years as the nursery’s founder and owner, Jeff Gatewood decided last fall to retire and put his five-acre business at 11405 Allisonville Road up for sale.

NCAA, 2 conferences spend $750,000 on lobbying

February 11, 2020 | Associated Press

As Congress considers whether to allow college athletes to receive endorsement money, the forces for the status quo have a power player in their corner that the students don’t: money.

ncaa-042516

Portillo’s plans to set up shop in Westfield

February 10, 2020 | Kurt Christian

More than two years after first entering the market to great fanfare and huge crowds, Chicago-based Portillo’s is planning a fourth restaurant in the Indianapolis area.

IU School of Medicine gets record $189M in NIH research funding

February 10, 2020 | John Russell

The grants ranged in size from $6,000 to $14.47 million and covered almost every aspect of medicine from neurology and psychiatry to anesthesiology and emergency care.

Trump’s $4.8 trillion budget proposal revisits rejected cuts

February 10, 2020 | Associated Press

The president unveiled an election year budget plan on Monday that recycles previously rejected cuts to domestic programs like food stamps and Medicaid to promise a balanced budget in 15 years—while leaving Social Security and Medicare benefits untouched.

California-based OpenPath to open Fishers office in Flexware project

February 10, 2020 | Kurt Christian

The security firm’s Fishers office will be its first major move outside of its home base in Los Angeles, where most of its 70 employees are located.

Simon says $3.6B Taubman deal will help refresh rival’s malls

February 10, 2020 | IBJ Staff

Investors on Monday morning leapt aboard the plan from Indianapolis-based Simon Property Group Inc. plan to buy rival shopping center owner Taubman Centers Inc. for $3.6 billion.

Simon agrees to buy rival Taubman Centers for $3.6 billion

February 10, 2020 | Greg Andrews and Associated Press

The deal sends a resounding message that Simon remains a devout believer in retail real estate, even as the rise of e-commerce has knocked the sector out of favor across the globe.

Simon Breaking

IBJ Podcast: Hamilton County emerges as player in hemp industry

February 10, 2020

IBJ reporter Kurt Christian talks with host Mason King about what some are calling a “green rush,” which follows a 2018 federal law that removed marijuana’s non-psychoactive cousin from the Controlled Substances Act.

Indiana’s school choice voucher program growing statewide

February 9, 2020 | Associated Press

The program has been growing since its inception in 2011, when it was limited to 7,500 students. Last year, 36,290 students around the state utilized vouchers to attend private schools.

Amish Acres tourist site to continue operation after auction

February 9, 2020 | Associated Press

The new owners of Amish Acres’ tourism-related components said they plan to continue using the facilities to host stage events as well as an annual arts and crafts festival but will likely make some changes.

After 20 years, Knight lets bygones be bygones in Assembly Hall

February 8, 2020 | Associated Press

When Bob Knight walked through the tunnel Saturday and onto his old court for the first time since his firing in September 2000, the crowd went wild — chanting his name, roaring with approval and thanking him for all the success and banners he brought to Bloomington.

Purdue gets $5.9M contract to develop Mach 8 wind tunnel

February 8, 2020 | Associated Press

Purdue, which is already home to one of only two working Mach 6 quiet wind tunnels in the U.S., will collaborate with the University of Notre Dame to develop the Mach 8.

Switch in IPS bus providers to cost jobs of drivers, attendants

February 7, 2020 | Samm Quinn

Indianapolis Public Schools will part ways with its current student transportation provider in June to work with a new contractor in a move affecting more than 500 drivers and attendants.

Barnes & Thornburg partner Mackey faces discipline hearing over relationship with former client’s then-wife

February 7, 2020 | Dave Stafford / The Indiana Lawyer

The Indiana Supreme Court Disciplinary Commission has filed a complaint against Larry Mackey, a titan in the Indianapolis law community and a former federal prosecutor. It alleges he had a romantic relationship with a woman while representing her husband in a high-profile fraud case.

Children’s Museum prepares to invest millions on new programs, exhibits, upgrades

February 7, 2020 | Mickey Shuey

Three temporary exhibits will open this year, and a handful of existing spaces will receive substantial upgrades—including the popular Dinosphere space.

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