IRT raises curtain on $18.5M fundraising campaign
The campaign already has collected $17 million in commitments from donors, officials said. About two-thirds of the ultimate goal is earmarked for beefing up the theater company’s endowment.
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U.S. colleges raise $47B in ninth straight record year
U.S. colleges raised $46.7 billion in the 12 months through June 2018 as the lengthy bull market for stocks helped spur contributions. Two Indiana universities were among the top 20 fundraisers.
Scotland-based craft-beer maker planning bar in Fountain Square
Established in 2007, BrewDog has 65 locations around the world, including 34 bars it opened last year. Indianapolis will be the second U.S. city to have a BrewDog bar.
Hamilton County municipal races getting crowded
May’s primary election is set, and in addition to three contested mayoral races, several city council seats are also contested.
UPDATE: Westfield pitches tax plan to fund construction of $35M downtown park
City leaders presented a plan during a city council meeting Monday night to use local income tax and TIF revenues to repay a $35 million bond that would be used to construct Grand Junction Plaza.
Indy programs tackling homelessness awarded record federal funding
The U.S. Department of Housing and Urban Development has awarded nearly $5.6 million to Indianapolis Continuum of Care organizations—a group of social service agencies and not-for-profits that work together to tackle homelessness,
EPA decision on chemical compounds tied to health risks expected soon
The Environmental Protection Agency is looking at how to respond to a public push for stricter regulation of perfluoroalkyl and polyfluoroalkyl compounds, in production since the 1940s.
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Indianapolis doesn’t instantly revive Amazon pursuit after NYC report
Several cities were quick to renew their courtship of Amazon after a report Friday that the e-commerce giant was reconsidering its plan to open a 25,000-worker H2Q campus in New York City. Indianapolis wasn’t among them.
IBJ Podcast: Former racer Derek Daly suing WISH-TV for $25M, but can he prove defamation?
Just days after filing a defamation lawsuit seeking more than $25 million from WISH-TV, Derek Daly sits down with IBJ’s Anthony Schoettle to discuss what he says the news station got wrong in a story that accused him of using a racial slur.
Indiana leaves $6M in state funds on table after slow pre-K signup
Indiana expects to leave state funding for pre-kindergarten untouched this year due to a slower-than-hoped expansion, according to the Indiana Family and Social Services Administration.
Election panel won’t probe Bosma’s use of campaign funds
A state election panel won’t investigate Indiana House Speaker Brian Bosma’s use of campaign funds to collect information on a woman who says she performed oral sex on the married Republican lawmaker when she was a legislative intern in 1992.
Nickel Plate rail advocate announces campaign against Fadness
Logan Day, the former spokesman for Save the Nickel Plate, on Friday filed to run in May’s Republican primary against current Fishers Mayor Scott Fadness.
Facing opposition, Amazon reconsiders NY headquarters site, two officials say
It’s unclear what Amazon might consider as a Plan B if the New York project falls through.
Amazon’s Bezos: Enquirer threatened to publish revealing pics
Amazon CEO Jeff Bezos says he was the target of “extortion and blackmail” by the publisher of the National Enquirer, which he said threatened to publish revealing personal photos of him unless he stopped investigating how the tabloid obtained his private exchanges with his mistress.
Elanco shares dip after Lilly says it will divest big stake
Greenfield-based Elanco spun off from Lilly last fall after 53 years. The former parent company still owns 80.2 percent of Elanco stock but has announced a program to unload it.
Automakers recall 1.7M cars with potentially fatal airbags
Cars from Subaru, Tesla, BMW, Volkswagen, Daimler Vans, Mercedes and Ferrari are included in the latest round of recalls involving airbag inflators that can hurl shrapnel into drivers and passengers.
City says it has blown past goal of transforming 2,000 troubled homes
In the two years since the initiative started, the city of Indianapolis has spent $24.3 million—largely in federal funds—to demolish, build or rehab more than 2,500 homes.