MIKE LOPRESTI: Will the Pacers bring relief? A stroll through the home schedule
The Blue & Gold will be tested, but LeBron’s move to LA won’t hurt any feelings here.
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Songbook Foundation to sell 107-acre Asherwood estate in Carmel
The Great American Songbook Foundation received the massive property earlier this year as a gift from Bren Simon, the widow of late shopping mall magnate Melvin Simon.
FedEx’s $1.5B investment in Indy will expand capacity, add jobs, strengthen airport finances
The upgrade and expansion of the giant shipper’s 320-acre, 2.5 million-square-foot complex is driven by the need to keep pace with steady growth in e-commerce activity.
City revives state tool in effort to boost three struggling corridors
The city is in the process of setting up “redevelopment areas” surrounding North Post Road between 38th and 42nd Streets, the West 38th Street area known as International Marketplace, and a corridor of Brookville Road that contains the former Navistar and Ford Visteon plants.
Endocyte acquisition gives Novartis key therapy—at almost 200 times its last price
One year ago, Indiana-based Endocyte Inc. bought the rights to a prostate cancer treatment for $12 million, plus future considerations. On Thursday, Novartis AG agreed to pay almost 200 times that amount to acquire Endocyte and the experimental therapy.
Explore: Teeing up on the Simon links
A day on the Asherwood links carries a hefty price tag—starting at $1,500 per foursome—but it also comes with bragging rights.
Circle at crossroads: Monument Circle faces growing calls for upgrades
Downtown Indy leaders say the city can’t afford to let the Circle fall into disrepair or become a turnoff for visitors.
Indiana convenience-store chain pumping up Indy presence
The award-winning Valparaiso-based operator is planning at least nine stores here. Also: Bonobos, Joella’s Hot Chicken, Cabin Coffee Co. and Macy’s.
Indianapolis Airport Authority gets $20 million for projects
The authority said it's the biggest total of grants that it's received, topping $18 million in 2017.
Novartis to acquire West Lafayette-based Endocyte for $2.1B
The deal represents a huge breakthrough for tiny Endocyte, which has about 90 employees in Indiana but has not yet launched a single product.
Splenda maker settles trademark lawsuit against IHOP, Applebee’s franchisor
Carmel-based Heartland Food Products Group said it reached “an amicable resolution” of its differences with the franchisor of 3,700 restaurants.
Ex-USA Gymnastics head arrested in Texas on tampering charge
Steve Penny has been arrested after a grand jury indicted him, alleging he tampered with evidence in the sexual assault investigation of now-imprisoned gymnastics doctor Larry Nassar.
Indiana agency approves lower workers’ compensation rates
The agency said Indiana workers' compensation rates have been on a downward trend for several years because of fewer worker injuries and growing payrolls.
Federal Reserve officials discussed hiking rates to ‘restrictive’ level
Minutes of the Federal Reserve’s latest policy meeting show that a few participants thought the Fed’s key rate would need to “become modestly restrictive for a time” to prevent inflation from climbing too high.
Q&A: Shelbyville Mayor Tom DeBaun
Since taking office in 2012, one of DeBaun’s top priorities has been to increase awareness of the Shelby County city, whose population is just shy of 20,000.
Kite to build 2 hotels at Pan Am Plaza; city to spend $120M on attached meeting space
The Capital Improvement Board has selected a Kite Realty Group plan from among three proposals in its effort to expand the city’s convention capacity. The CIB is expected to vote Friday to move the project forward.
Editorial: Circle must remain a showpiece but don’t overthink space
IBJ urges leaders from Downtown Indy and the city to continue looking for ways to better fund infrastructure improvements both on the Circle and its Meridian Street and Market Street spokes. That must be a funding priority.
Investors most bearish on global economy since crash, survey says
Pessimism on the global economy is piling up amid rising trade tensions and expectations the U.S. central bank will carry on tightening despite the tumult in equity markets. Fund managers surveyed by Bank of America Merrill Lynch this month are hoarding cash as they become the most bearish on global activity in a decade, fretting […]
GREG MORRIS: A continuing fight against food insecurity
Gleaners Food Bank of Indiana and IBJ partnered this month to share the urgency of hunger and its many side effects.
Letter: Nickel Plate plan ignores public will
Most people would support a trail that leaves the tracks intact. But they reject a vision of the right of way’s “destiny” that involves pop-up shops, drone zones and aromatic gardens.