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Hulman & Co. sells iconic baking powder maker Clabber Girl for $80M

May 15, 2019 | IBJ Staff

Hulman & Co. said Wednesday that it has sold Clabber Girl Corp. to Parsippany, New Jersey-based B&G Foods Inc. so it could better focus on motorsports and entertainment.

Republican senators raising alarms about growing trade war

May 15, 2019

Faced with the prospect that Trump will continue with his adversarial approach, Republican lawmakers are also looking for ways to provide a taxpayer bailout to farmers.

Amid enrollment concerns, state charter board rejects two Indianapolis schools

May 15, 2019

The Indiana Charter School Board voted down two charter applicants Tuesday after raising concerns that they would not be able to attract enough students to be viable in a city where many schools are already under-enrolled.

Late Sen. Lugar hailed as peacemaker ahead of Indiana funeral

May 15, 2019

A two-day tribute to longtime U.S. Sen. Richard Lugar began Tuesday with a military honor guard leading his flag-draped casket into the Indiana Statehouse Rotunda.

NCAA to consider allowing athletes to profit from names

May 15, 2019

The NCAA is looking at how its rules can be modified to allow college athletes to be compensated for their names, images and likenesses.

New security flaw in Intel chips could affect millions

May 15, 2019

Major tech companies Google, Apple, Amazon and Microsoft all released advisories Tuesday to instruct users of their devices and software, many of which rely on Intel hardware, on how to mitigate the vulnerabilities.

City-County Council panel OKs funding plan for CIB, holds off on Pacers plan

May 14, 2019

The Rules and Public Policy Committee on Tuesday decided to table two items related to a long-term deal with the Indiana Pacers.

Drug research firm Covance plans $17.5M expansion, 203 jobs

May 14, 2019

Plans call for the company to spend $11.8 million on the real estate improvements and another $5.7 million on new IT equipment and freezers.

Ivanka Trump to talk job training with Salesforce brass in Indy

May 14, 2019

Trump, the president’s oldest daughter and a White House adviser, will take part in a panel discussion at the Salesforce Tower with company officials including Chairman Marc Benioff.

salesforce tower 500px

Purdue scores $5M gift for business analytics center

May 14, 2019

A private equity firm executive and his wife have given Purdue University a donation to support the business analytics center in the Krannert School of Management, Purdue announced Tuesday.

NinjaZone leaving Grand Park, but not Westfield

May 14, 2019 | Samm Quinn

The company that operates the youth sports program and a nearby gymnastics facility plans to build a new space for NinjaZone close to the massive sports complex.

Taziki’s restaurant chain opens 82nd Street spot, plans more Indy eateries

May 14, 2019

Alabama-based Taziki’s Cafe is the third operator of Mediterranean restaurants to begin scouting locations for Indianapolis-area eateries in recent months.

Upstart software firm plans 75 jobs at new downtown HQ

May 14, 2019

A software-as-a-service firm founded last year under the wing of Indianapolis-based venture studio High Alpha announced Tuesday that it plans to spend $1.4 million to establish a downtown headquarters.

Packaging company to open Whitestown factory, hire up to 43 workers

May 14, 2019

Opus Packaging Group said it will invest $3 million to build and equip a 170,000-square-foot facility, its first location in Indiana.

Misconduct case beginning against Indiana attorney general

May 14, 2019

A former state Supreme Court justice is set to take up allegations that Indiana Attorney General Curtis Hill committed professional misconduct by groping four women during a party.

Indiana farmers’ crops being hindered by frequent rains

May 14, 2019

U.S. Department of Agriculture statistics show just 6% of this year's expected corn crop was planted as of May 12, far below the five-year average of 57%.

Indiana schools chief worries safety-grants increase won’t be enough

May 14, 2019

Superintendent Jennifer McCormick said Monday the $19 million annual funding included in the new two-year budget will help, but cast doubts on whether it was adequate to cover costs for safety equipment, school police officers and threat assessment.

U.S. farmers who sell to China feel pain of Beijing’s tariffs

May 14, 2019

On Monday, President Donald Trump told reporters that a new program to relieve U.S. farmers’ pain is being devised and predicted that they will be “very happy.”

Council OKs $7M in developer-backed bonds for Block 20 project

May 14, 2019

The project, known as Block 20, consists of developments on two sites near Mass Ave and is estimated to cost $40 million.

block 20 athenaeum bigpic 440px

Jury orders Monsanto to pay $2B in weed killer cancer case

May 14, 2019

The jury’s verdict is the third such courtroom loss for Monsanto in California since August, but a San Francisco law professor said it’s likely a trial judge or appellate court will significantly reduce the punitive damage award.

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