State senator from Indianapolis removed from committee
Senate President Pro Tem Rodric Bray made the move public Monday in the latest chapter of a rocky relationship with Sen. Michael Young.
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Architect hopes to build on momentum along White River on downtown’s west side
As envisioned by Stephen Alexander, the partially redeveloped area west of the White River would be known as Stockyards District. Indianapolis-based Hotel Tango Distillery is in the process of relocating and consolidating its production, warehousing, and fulfillment operations to the area.
Lawmakers advance bill to let utilities charge consumers earlier for new building projects
Indiana House lawmakers advanced a bill Monday that could encourage more natural gas in the state and allow utilities to charge ratepayers for a plant before it ever goes online.
Bed Bath & Beyond plans share sale in bid to avoid bankruptcy
The retailer, which has been preparing for a Chapter 11 filing after lenders declared it in default last month, priced new convertible preferred securities and warrants, it said in a statement Tuesday, in a deal that will ultimately raise more than $1 billion.
Gallup: Just 2 in 10 U.S. employees have work ‘best friend’
The Gallup survey found a strong link between workers with best friends on the job and profitability, safety, inventory control and retention.
Super Bowl betting projected to reach $16 billion this year
The American Gaming Association forecasts that 1 in 5 American adults will place a bet on Sunday’s NFL championship game between the Philadelphia Eagles and the Kansas City Chiefs.
Doden shakes up gubernatorial campaign by hiring former Disney actress
Caroline Sunshine, 27, is best known for her role as Tinka Hessenheffer opposite Zendaya and Bella Thorne on the Disney Channel dance-focused sitcom “Shake it Up.”
Weezer, Jason Isbell to headline WonderRoad festival
Other acts announced for the second-year event include Local Natives, Marcus King, Coin, Tegan and Sara and Michael Franti & Spearhead.
IPS moving ahead with part of Rebuilding Stronger plan
Indianapolis Public Schools plans to implement only part of its massive Rebuilding Stronger overhaul after the school board failed to place an operating referendum on the upcoming May ballot.
AMC to charge more for good seats in movie theaters
AMC said the pricing plan, dubbed “Sightline,” has already been rolled out in some locations and, by the end of the year, will be in place at all domestic AMC theaters during showings after 4 p.m.
Analysis: Anti-ESG pension bill could shrink state pension returns $6.7B in next decade
An updated fiscal analysis for the legislation shows that over the next decade, the bill, if enacted, could reduce investment returns on defined-benefit funds by $6.4 billion and defined-contribution funds by $300 million.
Regenstrief Institute hires epidemiology, research expert as CEO
Dr. Rachel Patzer, director of the Health Services Research Center at the Emory University School of Medicine in Atlanta, will join Regenstrief Institute on May 1.
IU School of Medicine receives grant to study life-threatening heart defects in newborns
Researchers at Indiana University School of Medicine are hoping to gain new insights into the defect, called coarctation of the aorta, or narrowing of the aorta that obstructs blood flow to vital organs.
Dell latest to trim headcount as big tech job cuts keep coming
The computer maker reduced its payroll by 5%, or about 6,600 jobs, saying that the steps it’s taken to stay ahead of eroding market conditions are no longer enough.
For Super Bowl ads this year, crypto is out, booze is in
Mark Evans, executive vice president of ad sales for Fox Sports, said a few ads went for more than $7 million for a 30-second spot. Most sold between $6 million and $7 million.
Republican businessman Shreve enters Indianapolis mayoral race
Jefferson Shreve, former City-County Council member and founder of Storage Express, is the fourth Republican to enter the race for Indianapolis mayor.
Republican Fred Glynn joins race for Carmel mayor
Glynn is the third Republican to announce a run to succeed Mayor Jim Brainard, who will not seek an eighth term in office.
IBJ Podcast: She went from a master’s in social work to tech firm CEO
In this week’s edition of the IBJ Podcast, Brown discusses the unusual route that led her to become a first-time entrepreneur in her early 40s.
