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Software firm Boardable secures $1M in capital from High Alpha

May 6, 2019

Founded in 2017, Boardable plans use the investment on talent, product development, marketing and sales—with the goal of doubling employment by the end of the year.

OurHealth continues growth surge, opens more clinics in Cincinnati

May 6, 2019

The Indianapolis-based company also announced a deal to cover nearly 4,000 government workers and dependents in Hamilton County, Ohio.

Closures at Steak n Shake hit 60 this year, including five in Indy area

May 6, 2019

Steak n Shake has closed dozens of company-owned restaurants since the beginning of the year, but says those closures are temporary while it looks for franchisees to take over their operations.

Indiana among 3 finalists for USDA divisions, but proposed location unknown

May 6, 2019

Indiana’s short-listed proposal—submitted by Purdue University and state officials—was one of 136 received by the USDA last year from 35 states. Relocating the two research divisions to Indiana could bring 570 federal jobs.

International joint venture planning $29.5M plant in Rushville, up to 250 jobs

May 6, 2019

The facility would process maize straw from as many as 150,000 acres of cornfields annually into a peat moss substitute for agriculture and foam products for material science uses.

Under new rules, local voters on Tuesday can go to any polling station in Marion County

May 6, 2019

The county has switched to the “vote center” system, giving residents a choice of 277 polling places. Voters also will see the rollout of new technology, including electronic poll books and touch-screen ballots.

Trump threatens to hike tariffs on $200B of Chinese imports

May 6, 2019

President Trump's comments, delivered on Twitter, came as a Chinese delegation was scheduled to resume talks in Washington, D.C., on Wednesday aimed at resolving a trade war that has shaken investors and cast gloom over the world economy.

IBJ Podcast: A startup’s journey from idea to pivot to series A fundraising

May 6, 2019

120WaterAudit co-founder and CEO Megan Glover talks to host Mason King about the challenges of raising money and whether being based in Indianapolis helps or hurts those efforts. Her answer may surprise you.

IBJ Life Sciences Sponsors 2019

IBJ Life Sciences Panel 2019

Fox Sports Indiana to be acquired by Sinclair as part of $10.6B acquisition

May 4, 2019

The deal involving 21 networks adds to a growing sports portfolio for Baltimore-based Sinclair Broadcasting Group, which earlier this year announced a partnership with the Chicago Cubs to form Marquee Sports Network.

Lugar funeral to be held May 15 at Indianapolis church

May 4, 2019

Former U.S. Sen. Richard Lugar will lie in state in the Indiana Statehouse Rotunda for 24 hours beginning at noon May 14.

Are retail jobs in a funk? It’s not an easy answer

May 3, 2019

Overall, U.S. employers added 263,000 jobs in April, according to the government data released Friday. The retail sector lost 12,000 jobs that same month. Here’s why.

NASCAR data deal could lead to more legal sports bets in racing

May 3, 2019

NASCAR is making its first big play in the world of expanded legal sports betting, hoping a sports data partnership will lead to gamblers being able to bet during races on much more than just who gets the checkered flag.

Jobless rate for women hits lowest level since 1953

May 3, 2019

Several demographic groups benefited from strong job gains in April, including women, Asians and Hispanics.

Life science companies can learn from failure if they stay flexible, experts say

May 3, 2019

Endocyte Inc.'s decision two years ago to shelve its own pipeline and look for other opportunities was a difficult call that eventually paid off for investors, its former CEO said Friday at IBJ’s Life Sciences Power Breakfast.

NCAA rescinds ban on events in states with legal sports gambling

May 3, 2019

With legal sports gambling having already spread to other states, the ban became impractical.

Diamond Chain to retain its name following $84M acquisition

May 3, 2019

Ohio-based Timken purchased Diamond Chain last month. The Indianapolis-based company makes high-performance roller chains for equipment used in a variety of industries.

Indy Fuel extend affiliation with Chicago Blackhawks for three seasons

May 3, 2019

The Indy Fuel will continue to play as a minor league hockey affiliate of the Chicago Blackhawks through the 2021-22 season under a contract extension announced Thursday.

U.S. adds 263K jobs as unemployment rate hits 49-year low

May 3, 2019

Friday's jobs report from the Labor Department showed that solid economic growth is still encouraging strong hiring nearly a decade into the economy's recovery from the Great Recession.

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