Consumer spending sees biggest monthly rise since 2009
The March gain was a marked improvement after three months of lackluster readings in the key segment of the economy.
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Downtown ceremony to honor Lugar’s life set for Monday morning
The event is expected to include brief remarks from Indiana Gov. Eric Holcomb and Indianapolis Mayor Hogsett, as well as a wreath laying and moment of silence.
JOHN KRULL: Remembering the Richard Lugar who walked among us
Commentary: Most of the tributes that have flowed since his death have focused on his huge, history-shaping achievements. But let’s remember that Dick Lugar walked our streets long before he strode the world’s stage.
IBJ Podcast: Funding the CIB and the Pacers’ 25-year, $800 million deal
Podcast host Mason King talks with IBJ reporters Lindsey Erdody and Mickey Shuey about the legislation the General Assembly passed to help fund a 25-year, $800 million deal with the Indiana Pacers.
Local software firm Viral Launch lands $7.3M in venture funding
The Series A round was led by New York City-based Tenfore Holdings, with contributions from existing investors Mentor’s Fund of Redwood City, California, and McLean, Virginia-based UpOver Ventures.
Richard Lugar remembered as public servant, diplomat, ‘legendary role model’
Dozens of tributes to Richard Lugar rolled in on Sunday as news spread of the death of the former Indianapolis mayor and U.S. senator from Indiana.
Richard Lugar, former Indianapolis mayor and giant of foreign policy, dies
The Indianapolis native served two terms as mayor, orchestrating the unification of the city and the outlying parts of Marion County. He went on to serve 36 years in the U.S. Senate.
IBJ wins 11 awards—including six first places—in Indiana journalism contest
Reporter John Russell won four awards, while the newspaper’s art team swept the Page 1 design category, at the Best in Indiana competition hosted by the Indiana Professional Chapter of the Society of Professional Journalists.
UPDATE: North out as president as infighting erupts at NRA convention in Indy
Retired Lt. Col. Oliver North announced Saturday in Indianapolis that he won’t serve a second term as president of the National Rifle Association. His announcement came after his failed attempt to force out NRA chief Wayne LaPierre, who has been the public face of the group for decades.
Celadon Group makes fourth divestiture in past month
The Indianapolis-based trucking company announced Friday that it has sold its intermodal operations to Winnipeg, Manitoba-based Bison Transport.
Trump tells NRA at Indy convention he’ll fight for gun rights
Addressing a group at the NRA’s annual conventional on Friday, Trump also implored members to rally behind his re-election bid in 2020.
Fired employee to return to job in Carmel clerk-treasurer’s office
Carmel City Council President Jeff Worrell told IBJ that Ann Bingman, former director of internal controls, will return to her role in the clerk-treasurer’s office, but won’t report directly to Christine Pauley, who fired Bingman April 17.
Notre Dame getting $42.4M to accelerate regional innovation
The 5-year grant from Lilly Endowment Inc. aims to further advance Indiana’s northwest region as a leader in manufacturing, entrepreneurship, applied analytics and technology.
Plans for hotel at One North Penn progress as owner reaches deal with holdout tenant
After a legal battle and mediation, Centier Bank plans to relocate its branch while the owner of the historic tower at Pennsylvania and East Washington streets prepares to revamp it as a swanky hotel.
Family-owned Georgetown Market completes nearly $300K in upgrades
The store in the International Marketplace district improved its deli and produce departments with the help of a loan program that provides low-cost financing for projects that increase community access to healthy foods.
Ford faces U.S. criminal investigation of emissions testing
Ford confessed in February to having taken a flawed approach to using road-load specifications to simulate how aerodynamic drag and tire friction can affect the fuel economy of its vehicles outside testing labs.
MARY BETH SCHNEIDER: The grade for this year’s legislative session? Incomplete.
In the end, there were good things that happened during the 2019 legislative session, and things that are good because they didn’t happen. But there also is too much money unspent and too many needs unmet.
U.S. economy defies expectations with 3.2% growth in first quarter
The advance in the gross domestic product, the broadest measure of economic health, marked the strongest first quarter growth rate since 2015.
Elanco agrees to buy pet-drug developer for $234 million
Kansas-based Aratana Therapeutics has three treatments approved by the U.S. Food and Drug Administration and is working on drugs for a range of disease fields, including cancer.
Conner Prairie reports second-highest attendance in its history
Museum officials announced the latest attendance mark Thursday in a public meeting that unveiled the newly renovated Chinese House and the brand new Bluffs at Conner Prairie event venue.
