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Tech academy Kenzie secures $100M for student tuition financing

November 4, 2019 | IBJ Staff

Indianapolis-based Kenzie Academy said the financing will help it offer programs across the country. The financing is backed by San Francisco-based Community Investment Management, an institutional impact investment manager.

Major exhibit on opioid epidemic coming to Indiana State Museum

November 4, 2019 | John Russell

The exhibit, which opens Feb. 1, covers 7,000 square feet and invites visitors to “unravel the crisis one step at a time,” with displays on the biology behind addictions, American history with other health crises, and personal stories from addicts and families.

Mike Lopresti: Emotion mixes with excitement as iconic track changes hands

November 4, 2019 | Mike Lopresti

Once the Hulman-George clan decided it was time to sell the family keepsake, could you think of anyone better? Anyone at all? Roger Penske has the magic name and the money and the expertise and credibility and the track record—both on and off the track.

Flat12 Bierwerks changing its name under new ownership

November 4, 2019 | IBJ Staff

The branding change comes 11 months after the 7-year-old brewery was acquired by Indianapolis-based Books & Brews.

Fraudster Tim Durham wins hearing on whether lawyer’s $1M fee created conflict

November 4, 2019 | Dave Stafford / The Indiana Lawyer

Fair Finance fraud felon Tim Durham will get a chance to grill his former trial attorney and call more than a dozen witnesses during an evidentiary hearing into whether he received proper representation before he was sentenced to 50 years in federal prison.

Penske says Formula One, 24-hour race could be in IMS future, but management change is not

November 4, 2019 | Lesley Weidenbener and Mickey Shuey

Roger Penske—whose Penske Corp. is buying Hulman & Co. and its racing operations—said he’d also like to bring a third car manufacturer to IndyCar and maintain IMS’s relationship with NASCAR.

Triumph motorcycle dealership to open on Sun King’s downtown campus

November 4, 2019 | Susan Orr

The brewery and dealership are hoping they’ll benefit from each other’s main customer bases.

Penske’s deal to acquire Indianapolis Motor Speedway, IndyCar draws landslide of praise

November 4, 2019 | Anthony Schoettle and Mickey Shuey

A deal that will make Penske Corp. the owner of Indianapolis Motor Speedway and the IndyCar Series received overwhelmingly positive reactions from motorsports insiders on Monday morning.

developer town 500px

Penske acquiring IMS, IndyCar, one year after Hulman matriarch’s death

November 4, 2019 | Lesley Weidenbener and Mason King

Hulman & Co. Chairman Tony George—the son of Mari Hulman George—and CEO Mark Miles have scheduled an 11 a.m. press conference with Penske Chairman Roger Penske at the Indianapolis Motor Speedway.

speedway

IBJ Podcast: Pete the Planner on the five deadly sins of money management

November 4, 2019

This week, Peter “Pete the Planner” Dunn and host Mason King talk about spotting the emotions like envy, fear and shame that can lead to poor financial decision making.

Peter Dunn - Pete the Planner - 600 px

Steak n Shake slows closures, continues to lose money

November 4, 2019 | IBJ Staff

Indianapolis-based Steak n Shake drastically slowed the pace of “temporary” restaurant closures in the third quarter, but showed little progress in its plan to turn company-owned eateries into franchises.

McDonald’s CEO pushed out after relationship with employee

November 3, 2019 | Associated Press

The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and that McDonald’s forbids managers from having romantic relationships with subordinates.

Indiana GOP aiming to take some mayoral offices from Democrats

November 3, 2019 | Associated Press

The outcome of Tuesday’s local elections will also decide whether a new casino can be built in Terre Haute and the fate of several school district construction and security improvement proposals.

Surprise closure to cost 100 manufacturing jobs

November 3, 2019 | Associated Press

Winona PVD Coatings, which announced an expansion in 2016, has notified state officials it expects to permanently close both of its Warsaw sites.

Hogsett & Merritt talk neighborhoods, poverty, crime and more

November 1, 2019

IBJ talked with incumbent Democrat Joe Hogsett and his Republican challenger, Jim Merritt, about why they’re running for mayor, what they’ve learned about themselves in the process and how they’ll tackle crime, neighborhood development, crime and more.

Powering research: Indiana universities balance federal grants with other sources of cash

November 1, 2019 | Anthony Schoettle

University research budgets and federal funding levels are seen as increasingly important drivers of economic development as they give rise to more licensed technology and startup companies.

Ravi Parikh: Why for-profit research should be taken seriously

November 1, 2019

Patient data is increasingly in the hands of for-profit industries. Insurance firms and other for-profit companies have been collecting patient data that yields important information that could be used to shape medical care and health policy.

Mandy Haskett: It’s not what happened. It’s what happens next.

November 1, 2019

Great leadership isn’t about perfection. It’s about self-awareness. And we know objective human data is the gateway to developing that awareness—the No. 1 most critical competency among leaders.

Memory Bank: The monument at nighttime in 1951

November 1, 2019

The 284-foot-tall monument is the largest of more than 200 Civil War memorials in the U.S. and the only one that combines large-scale sculpture in bronze and stone.

Editorial: Projects for homeless, offenders are good choices for tax credits

November 1, 2019

All four projects are worthy of funding. But what makes them special as a group is that they will serve such a diverse group of people—tech workers and startups, ex-offenders, homeless families and the African American community—while enhancing all of Indianapolis.

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Susan Orr

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Daniel Bradley
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