Develop Indy: Deals reached in 2019 expected to create 4,000 jobs
Indianapolis’ economic development agency negotiated 67 relocation or expansion projects in 2019, the city announced Tuesday.
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Former city controller Qaddoura takes gig at Katz Sapper & Miller
The position was created for former City of Indianapolis Controller Fady Qaddoura, who announced in November that he was leaving his job with the city, where he had worked for four years.
Warren’s new bankruptcy plan could spark a clash with Biden
Sen. Elizabeth Warren is promising to remake the nation’s consumer bankruptcy system if elected president, returning to her political roots while also potentially picking a fight with a top rival for the Democratic nomination, former Vice President Joe Biden.
Presidential candidate Sen. Elizabeth Warren and on Tuesday unveiled a plan she said would make the process of declaring bankruptcy easier and cheaper for many Americans with debts they can’t pay.
Renowned research leader Shekhar leaving IU School of Medicine for Pitt dean’s job
Dr. Anantha Shekhar, a nationally recognized health sciences researcher and entrepreneur, has played a major role in boosting research funding at IU, where he has worked since 1989 in numerous leadership roles.
Feds accuse Community Health of submitting false claims to Medicare
The Justice Department said the financial arrangements were outlined in a whistleblower suit brought by Thomas Fischer, who served as Community Health’s CFO from 2005 until his sudden exit in 2013. In a separate suit, Fischer claimed he was fired in retaliation for questioning possibly illegal practices.
Launch Indy director steps down to open local office for Chicago VC firm
Chicago-based venture capital firm M25 on Tuesday announced the opening of an Indianapolis office and the hiring of Launch Indy Executive Director Katie Birge to open the office.
Holcomb OK with not using state surplus for $50M swine barn
Gov. Eric Holcomb initially proposed spending $291 million from the state’s reserves on five major capital projects, including the new barn at the Indiana State Fairgrounds. But a bill recently filed by House Ways & Means Chairman Tim Brown left it out.
Updated digital version of ‘Encyclopedia of Indianapolis’ in the works
Designated as a legacy project of the Indianapolis Bicentennial Commission, the new “Encyclopedia of Indianapolis” is being developed by the Polis Center at IUPUI in collaboration with several major cultural and heritage institutions.
Hostel planned for former church, event center in Fountain Square
Plans for the hostel have been recommended for approval by city staff, because it “would be appropriate and would recognize [the building’s] historical and architectural value.”
Local security systems dealer Defenders acquired by ADT for $381M
Defenders owners David and Jessica Lindsey, who founded their home security and automation company in 1998, received roughly 16.3 million shares of ADT common stock for their 100% stake in the company, ADT said.
Carmel sets dates for proposed film and music festival
Carmel’s proposed film and music festival didn’t receive as much funding as organizers hoped for, but dates are set and a not-for-profit has been formed to run it.
Democrat Melton drops out of race for Indiana governor
Sen. Eddie Melton of Gary announced his candidacy in October, becoming the third Democrat to seek the party’s nomination to challenge Republican Gov. Eric Holcomb.
Pier 1 Imports to close half its stores as sales falter
Pier 1 Imports, which is led by the former CEO of defunct retailer HHGregg, plans to shut down hundreds of stores as it struggles to draw consumers and compete online.
GOP lawmakers differ slightly from governor on 2020 priorities (including on swine barn funding)
Like Gov. Eric Holcomb, Indiana Senate and House Republicans are focused on health care, education and spending one-time dollars on capital projects this year. But lawmakers have slightly different views on how those surplus dollars should be spent.
Indiana governor changes stance on teacher pay action
Republican Eric Holcomb has said he would wait for recommendations later this year from a teacher pay commission he appointed in February, but he told reporters Monday—on the first day of the legislative session—that might change with state tax revenues growing faster than expected.
Lawmakers roll out bills on out-of-network billing, hospital prices, tobacco products, more
A bill that tries to address surprise out-of-network fees was among several health care-related measures proposed Monday by Indiana lawmakers during the first day of the General Assembly.
Redistricting reform advocates pushing for transparency
Redistricting reform advocates are taking a slightly different approach at the Republican-controlled Indiana Legislature this year, as they make more transparency the priority ahead of lines being redrawn in 2021.
Penske’s purchase of IMS, IndyCar finalized
| Associated Press and Mickey Shuey
The sale puts Roger Penske in charge of the Indianapolis Motor Speedway, the open-wheel series that is built around the Indy 500 and the track’s esteemed production group.
Joella’s Hot Chicken coming to Westfield’s south side
The chicken chain is in the midst of doubling in size. The new location will be its fourth in Indiana.
Original Circle Centre tenant New York & Co. set to close
The closure will leave the downtown mall with only a handful of tenants who were part of the shopping center’s 1995 opening day store lineup.
