Broad legalization cutting into medical marijuana programs
For people who truly rely on marijuana to control ailments such as nausea or cancer pain, the arrival of so-called recreational cannabis can mean fewer and more expensive options.
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Indiana farmers make planting progress but still behind pace
The latest crop report shows Indiana trailing most states in corn and soybean planting. The Trump administration is keeping the door open for farmers who can’t plant crops this season to receive aid payments.
WTHR sold to Virginia firm
Dispatch Broadcast Group announced today it has sold its Indianapolis NBC affiliate WTHR-TV Channel 13 and its Columbus, Ohio CBC affiliate WBNS-TV as well as WBNS Radio—which broadcasts on AM and FM—for $535 million in cash to Tysons, Virginia-based Tegna Inc.
$5.5M town house project planned for Yandes Street near 16th
Onyx + East will build 23 townhouses on a 0.95-acre lot, with plans to list the homes in the upper $200,000 to lower $300,000 range.
Judge rejects Indiana AG’s bid to block abortion clinic
U.S. District Judge Sarah Evans Barker denied Attorney General Curtis Hill’s request for an immediate stay to prevent the clinic from opening until Indiana’s appeal is considered.
Three ex-workers charged with animal cruelty at Indiana dairy
The misdemeanor charges for the beating of animals come amid a public backlash against the popular agritourism destination Fair Oaks Farms.
Creation of TIF district in Old Southside approved by council panel
City officials said the area is primed for redevelopment, especially after being designated a Lift Indy neighborhood, which means the city will direct about $4 million in investments to the area over three years.
Indiana Blood Center getting new name in rebranding move
The organization, based on North Meridian Street, is changing its name to Versiti Blood Center of Indiana in a move designed to boost the identity of blood operations in five Midwest states.
Emmis sells six radio stations in Austin, Texas
The sale represents almost half of the radio stations controlled by Indianapolis-based Emmis Communications Corp. and leaves the company with radio holdings in only two markets.
Holcomb makes first two Capital Improvement Board appointments
The governor previously did not have authority to appoint anyone to the quasi-government agency, but that changed earlier this year in legislation that’s expected to keep the Indiana Pacers in town and fund the CIB for the next 25 years.
Indiana farmers way behind in corn, soybean planting
U.S. Department of Agriculture statistics show Indiana is behind every other corn-growing state and almost every soybean-growing state in planting.
Supreme Court to hear bid to limit retirement-plan lawsuits
The U.S. Supreme Court agreed to use an appeal by Intel Corp. to consider tightening the deadlines for lawsuits over the investments made by worker retirement plans.
Fed rate cut looks more likely, but question is when, how big?
Fed watchers say the latest economic data boost the odds that central bank will move sooner rather than later to lower rates.
Scotty’s closes Thr3e Wise Men microbrewery and restaurant in Broad Ripple
The Indianapolis-based restaurant and bar chain opened the microbrewery location more than eight years ago to supply the Scotty’s chain with its own brand of craft beer.
Salesforce buying Tableau Software in $15.7B all-stock deal
The acquisition is expected to add about $350 million to $400 million to Salesforce.com Inc.’s fiscal 2020 revenue.
IBJ Podcast: It’s not your grandfather’s library system anymore
Host Mason King talks with Indianapolis Public Library CEO Jackie Nytes about the system’s construction spurt and how it will actually help the library better balance its budget. And Nytes also describes how the new buildings and renovations better support the needs of neighborhoods and the people who live there.
United Technologies, Raytheon to combine as defense giant
Both companies have major operations in Indianapolis, although United Technologies is already preparing to shed its Carrier Corp. business.
Indiana educators racing to renew licenses before deadline
Thousands of Indiana teachers are scrambling to begin renewing their professional teaching licenses before new rules state lawmakers approved this spring for the renewal process take effect July 1.
Holcomb administration pushes $1 billion tax hike for unemployment fund
The proposed 17% increase would bring the premiums paid by companies to a level recommended by the federal government, which is meant to prepare the unemployment fund for the next recession.
Pete Buttigieg’s high college debt draws attention to the issue
With loans totaling more than $130,000, the Hoosier presidential hopeful and his husband are among the 43 million people in the United States who owe federal student loan debt.