Investment fund led by IU students raises $7.8M
Sample Gates Management, an investment fund managed by undergraduates at IU’s Kelley School of Business, recently raised $7.8 million to close its second real estate investment fund.
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Democrat arrested while canvassing won’t drop out of Indiana Senate District 31 primary
Andrew Dezelan is one of the four Democratic primary candidates running for the state Senate seat that includes parts of northern Lawrence Township and most of Fishers.
LIV Golf seeks new funding without Saudi backing, shakes up board
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
Trump signs bill funding the Department of Homeland Security, ending record shutdown
The bipartisan legislation, which funds much of the Department of Homeland Security but not its immigration enforcement operations, ends the longest agency shutdown in history.
Hogsett taps former South Bend official as deputy mayor for neighborhoods
Jordan Gathers, a former Butler University basketball player who recently worked for the city of South Bend, will start his new job Friday.
New analysis suggests Americans overcharged by $150B a year to insure homes, autos and businesses
Research by the economists found that average premiums for home insurance climbed an inflation-adjusted 28% between 2017 and 2024.
Stocks rally to finish best month since 2020, even as oil prices whipsaw
Alphabet led the way and rallied 10% after the owner of Google and YouTube reported profit for the latest quarter that almost doubled analysts’ expectations.
Blake Shelton talks good times in Indy amid plans for Ole Red music bar downtown
IBJ spent a few minutes with the country star and Colin Reed, executive chairman for Ryman Hospitality Properties, to discuss their recent bar and restaurant announcement and what in Indianapolis caught the company’s eye.
USDA to move SNAP administrative office and staff to Indianapolis
The move is part of a larger effort to shift Department of Agriculture services out of Washington, D.C. and spread them across the country.
Trump’s Indiana redistricting revenge aims to topple state Senate’s leader
Even though Indiana state Senate leader Rodric Bray isn’t on anyone’s primary ballot next week, he is the ultimate target of President Donald Trump’s demand for political retribution.
Goelzer files lawsuit against former executive who joined rival investment firm
Carmel-based Goelzer Investment Management is suing one of the three financial advisers who left the firm earlier this month to join a rival firm, Robert W. Baird & Co. Inc.
Bears present potential Hammond stadium to NFL stadium committee
The Hammond site, a plat at Wolf Lake Park, was presented to the league’s stadium committee on Wednesday along with a proposal for Chicago suburb Arlington Heights, Illinois.
CVR unveils new leadership structure for 116-year-old ad agency
New co-presidents will oversee day-to-day operations at CVR, an agency that works with Cummins, Allison Transmissions and Carrier.
As Saudis pull funding, LIV Golf seeks investors to continue
| The Washington Post and IBJ Staff
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
Healthy workers are ditching company insurance to save $1,000 a month
As sharply rising health care premiums eat into workers’ pay, young, healthy professionals are rejecting employer-sponsored insurance.
215-acre nature preserve in Zionsville to open in May
The Carpenter Nature Preserve will be the first park in rural Union Township and the largest nature preserve in Boone County.
Kite Realty eyes sale of Glendale Town Center
Indianapolis-based Kite Realty Group has owned Glendale Town Center since it acquired the shopping center then known as Glendale Mall for $20 million in 1999.
Lilly earnings increase as Mounjaro, Zepbound sales continue rise
The Indianapolis-based drugmaker reported profit of $7.4 billion for the first quarter, up from $2.8 billion in the same period a year earlier.
Crude oil tops $125 a barrel over Iran war concerns
The Iran war, which is in its ninth week, still sees no clear path to an end.
Elon Musk tells his side of OpenAI’s beginnings in trial pitting him against CEO Sam Altman
Despite moments of levity, the stakes are high at the trial, which could sway the balance of power in artificial intelligence.
