2015 TOP STORIES: Rolls-Royce launches $600 million Indy upgrade
The updates will include a wide-scale modernization of Rolls’ Tibbs Avenue jet-engine plant.
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2015 TOP STORIES: Merger casts uncertainty over Dow Agro
Dow and DuPont—both major players in the agricultural chemical industry—plan to integrate those units and spin them off as an independent, publicly traded company by 2018.
2015 TOP STORIES: Justice center project falls apart
A deal that would have paid Paris-based WMB Heartland Justice Partners $1.6 billion over 35 years to build and operate a new courthouse and jail fell apart in the final months of Mayor Greg Ballard's administration.
2015 TOP STORIES: Kroger, supermarket rivals blitz area with investment
Cincinnati-based Kroger announced it will spend $464 million to beef up its operations in Central Indiana, as competition in the region heats up from Fresh Market, Fresh Thyme Farmers Market, Trader Joe’s and Earth Fare, as well as the addition of several Wal-Mart Neighborhood Markets.
2015 NEWSMAKER: Stephanie White
The Indiana Fever coach became the first to lead a team to the WNBA Finals in her first year as a head coach.
2015 TOP STORIES: Tech companies scoop up tens of millions in funding
Through the end of the third quarter, Indiana firms landed $49 million in venture capital, just a hair under the figure for all of 2014.
TOP STORIES: Salesforce expanding downtown, seeking office space
The company’s local headcount is expected to grow from 1,400 to more than 2,000 in the next few years.
2015 TOP STORIES: Anthem hit by hackers, strikes $54B Cigna deal
The Antitrust Division of the U.S. Department of Justice could move to block the merger or require Anthem and Cigna to sell off significant chunks of their businesses.
2015 TOP STORIES: Hogsett cruises to mayoral win
The Democrat won a resounding victory in the Indianapolis mayor’s race this November against Republican small-businessman Chuck Brewer, reclaiming the office from Republicans after eight years.
City needs storefronts inviting to passers-by
Indianapolis litters its street-level, foot-accessible areas with law offices, bail bonds, insurance offices, parking garages, etc., and we tuck our stores away in a hidden city mall at Circle Centre.
Maddox’s Pence column spawns creative thinking
Mr. Maddox could pick out a Syrian family and either let them move in with him or get them an apartment close by so he could mentor them.
COX: AMA offers misdiagnosis with drug ad ban
Anecdotes can be persuasive, but our research leads us to a qualified defense of direct-to-consumer pharmaceutical advertising.
The difference between public and private
I always look forward to IBJ’s “Eight@8” email. It’s unfailingly clever and occasionally snarky, and there is usually at least one item I wouldn’t otherwise see. One of those items was a Pro Publica investigation of the Red Cross—more specifically, the experience of that venerable charitable organization with management practices appropriated from (and appropriate to) […]
Roundup: Broken Beaker opening, second Mimi Blue coming to Carmel, and more
The Broken Beaker micro-distillery is set to open in mid-January on Mass Ave, while Mimi Blue Meatballs is expanding from its lone location, on the Avenue, into Hamilton County.
MORRIS: IBJ bucking newspaper-industry trend
2015 was a break-out year for your favorite local source of business news.
SKARBECK: Dynamics of market create year-end buying opportunity
Even distressed assets can make attractive investments—if the price is right.
BOHANON & STYRING: Fed’s baby step on rates has minimal impact
The point of the rate hike was not to slow down business lending; rather, it was to signal that the Federal Funds Rate will not be zero forever.
Report: ‘No evidence’ that ISTEP software glitch hurt scores
Investigators found no evidence that students were given incorrect lower scores on this spring’s high-stakes ISTEP exam, according to state officials.
Local McAlister’s franchisee sells 19 restaurants
McIndy Ventures LLC, which opened its first McAlister’s in 2002 in Indianapolis, has sold its portfolio of eateries across Indiana to Tennessee-based Southern Rock Restaurants LLC.
New mayor means CIB changes are likely
The new-look Capital Improvement Board–which owns Bankers Life Fieldhouse, Victory Field and Lucas Oil Stadium as well as the Indiana Convention Center–will probably be less cheerleader and more watchdog.