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Fishers City Council approves zoning change to allow income-based, age-restricted apartments

December 18, 2018

The council gave the green light Monday to RealAmerica LLC’s plan to build a 130-unit complex along the proposed Nickel Plate Trail that would include 65 apartments with rents based on income.

Flexware expands office project in Fishers’ Nickel Plate District

December 18, 2018

Flexware Innovation will construct an additional 8,000-square-foot building at 1 Municipal Drive as part of its Nickel Plate District office building project.

IndyCar promotes Frye to president in reorganization

December 17, 2018

Frye, head of competition and operations for the past three years, will add marketing and communications to his responsibilities.

Lilly asserts bragging rights over Humira for hot-selling drug Taltz

December 17, 2018

The Indianapolis drugmaker said its 2-year-old anti-inflammatory medicine showed superiority in a head-to-head trial against Humira, the world’s best-selling drug, for treating psoriatic arthritis.

Rising star Buttigieg won’t run again for mayor, fueling 2020 speculation

December 17, 2018

South Bend’s 36-year-old mayor announced Monday he won’t seek re-election next year. The Democrat’s military background, popularity in a Rust Belt city and ambition for a national profile have prompted questions about a possible presidential run.

State tax revenue projected to grow, but new money will barely cover increased costs

December 17, 2018

State fiscal leaders heard some good and bad news about the state budget Monday morning in a highly anticipated revenue forecast that predicted tax receipts for the next two years.

Indy-based infotech firm LightBound acquired by Dallas company

December 17, 2018

DataBank officials said they would maintain LightBound’s facilities on downtown’s southwest side and continue to invest in the Indianapolis market.

After the Fed’s likely rate hike this week, all bets are off

December 17, 2018

On Wednesday, the Fed is set to announce its fourth rate hike of the year. But after this week, no one is sure what it will do. Neither, most likely, is the Fed itself.

Merritt mulling mayoral run after quitting job as GOP county chairman

December 17, 2018

State Sen. Jim Merritt told IBJ on Monday morning that he’s doing his due diligence on a potential campaign for mayor, leaving the Marion County GOP temporarily without a leader.

Anthem among health care stocks suffering after Obamacare ruling

December 17, 2018

While many analysts expect the ruling to be reversed by higher courts, the news adds to volatility in a sector that had barely recovered from political static this year.

Veteran WTHR evening anchor calling it quits after delaying retirement

December 17, 2018

John Stehr, 60, held off on leaving for several months but will finally take his last lap this week with a number of tributes to his four-decade career.

Pacers promote longtime Fever exec Krauskopf, giving NBA its first female assistant GM

December 17, 2018

Kelly Krauskopf, a significant player in Pacers Sports & Entertainment for 19 years, will relinquish her duties as head of the group’s esports initiative to join the front office full time.

IBJ Podcast: Salesforce’s Bob Stutz is Indy’s most important tech exec you don’t know

December 17, 2018

IBJ tech reporter Anthony Schoettle interviewed Stutz and found him surprisingly relaxed and candid about his education and career, his life in Indianapolis and about what the city should do to help the tech industry thrive.

Indiana falling short on two workforce development goals

December 17, 2018

Gov. Eric Holcomb said he’s not disappointed to have fallen short on college re-enrollment and adult education initiatives, because the state had “set high goals.”

Obamacare thrown out by judge, raising insurance uncertainty

December 15, 2018

The decision Friday finding the Affordable Care Act unconstitutional comes just before the end of a six-week open enrollment period for the program in 2019.

Johnson & Johnson’s shares plunge on report of asbestos in baby powder

December 14, 2018

Analysts estimate that the company could be on the hook for as much as $10 billion to $20 billion in settlements from an estimated 11,000 pending talc cases.

Allstate plans to add more than 200 agents in Indiana

December 14, 2018

The insurer said it is looking for 15 new agency owners in Indianapolis who will hire 46 sales agents after they open for business.

Emmis cuts 35 employees involved in NextRadio, TagStation operations

December 14, 2018

Indianapolis-based Emmis Communications announced in October a decision to “dramatically reduce” the operations of NextRadio and TagStation after tens of millions of dollars in losses.

Indiana has good corporate citizens, but improvements still can be made, panelists say

December 14, 2018

Business and political leaders at the annual Engage Indiana event stressed the importance of public and private collaborations in helping improve communities and retain workers.

Genesco sells Zionsville-based Lids for just $100M to owner of retailer Fanzz

December 14, 2018

Lids is the second-largest of Nashville, Tennessee-based Genesco’s holdings, bringing in about a quarter of the company’s total revenue, but the retailer has been struggling.

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