IndyGo partners with Via Transportation on accessible ride-share pilot
New York City-based Via Transportation Inc., which last year pulled out of the ride-hailing industry to focus on public transportation services, will lead the program.
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Local developer plans new headquarters, restaurant in Broad Ripple
Avenue Development plans to construct a four-story office structure in the middle of the 6500 block of Cornell Avenue, directly west of the Monon Trail. The building would include a first-floor restaurant from a well-known local operator.
UIndy’s Robert Manuel named president of DePaul University
DePaul University’s board unanimously voted to select Manuel, 54, at a meeting on April 21 but the decision was not announced until Tuesday. The school said it picked Manuel after “an extensive national search.”
Prologis offers to acquire Duke Realty for nearly $24 billion
In a public letter, Prologis CEO and co-founder Hamid Moghadam said his San Francisco-based company has been trying to acquire Indianapolis-based Duke quietly without luck since late November and decided to make the effort public.
Health Care Heroes 2022
Riley Children’s Health CareSource Hopebridge Autism Therapy Centers Dr. Don Brown and LifeOmic Indiana University Health Hospital at Home Philip Low On Target Laboratories Dr. Lawrence Einhorn Indiana University Distinguished Professor Livestrong Foundation Professor of Oncology and Professor of Medicine, IU School of Medicine Member, Indiana University Melvin and Bren Simon Comprehensive Cancer Center Dr. […]
Indiana Sports Corp. leader Vaughn leaving job for private sector
Ryan Vaughn, who has led the Indiana Sports Corp. since 2014, plans to resign from his role as president on July 1. There has been speculation that Vaughn might someday run for mayor.
All IN fest unveils Cage the Elephant, Hall & Oates, John Fogerty among headliners
New music festival will bring Portugal the Man, Lucinda Williams, The Four Tops and many more artists to the Indiana State Fairgrounds on Labor Day weekend.
Equestrian exhibition center, high-end home development proposed in Westfield
Plans for the development include a 69-acre equestrian exhibition center and 25 or so custom home lots priced at $1.2 million and up.
Former Merrill Lynch broker Buck ordered to pay $7.5M in damages to former client
Thomas Buck built a reputation as one of the state’s top financial advisers before being sentenced to prison for securities fraud in 2019.
Fed: Inflation, Ukraine biggest threats to financial system
The observations came in the Federal Reserve’s semiannual Financial Stability Report that looks at trends in trading and investing as well as broad economic issues.
Elanco reports solid quarter but global concerns lead to drop in share price
Several analysts said Elanco faces a bright future, implying that the market might be overreacting to the lowered revenue and profit guidance.
UPDATE: Pair linked to Jared Fogle child porn case get decades in prison
A divorced Indiana couple who shared sexually explicit photos and videos of children with former Subway pitchman Jared Fogle were sentenced Monday.
Wall Street’s losses worsen as markets tumble worldwide
U.S. stocks are tumbling toward their lowest point in more than a year as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
Fed’s Bostic says no need to move faster than half-point hikes
Fed officials raised interest rates by a half-point last week and Chairman Jerome Powell signaled they would continue at that pace at meetings in June and July to curb inflation.
Nursing home operator dropping eight Indiana locations, including Indy facility
A Warsaw-based nursing home operator plans to terminate its operating leases at eight Indiana locations—including one in Indianapolis—affecting nearly 700 employees.
Marketing deals trickle down from NCAA to high school sports
The contracts have begun to emerge at the high school level after the Indianapolis-based NCAA’s decision last year to allow college athletes to monetize their stardom.
Biden starts program to provide discounted internet service
With the new commitment from the internet providers, some 48 million households will be eligible for $30 monthly plans for 100 megabits per second, or higher speed, service.
IBJ Podcast: Pete The Planner on bouncing back from a big financial loss
Host Mason King talks with Pete the Planner about equating self-worth with financial worth, as well as steps to stabilize and buttress your finances if you’ve suffered a loss or are just behind in saving for retirement.
Formula One, fueled by Netflix and ESPN, revs up courtship of U.S. fans
In the view of Mark Miles, president and CEO of Penske Entertainment Corp., which owns the IndyCar series and Indianapolis Motor Speedway, F1’s American expansion is a boon for all forms of motorsports.
Average U.S. gasoline price jumps to near-record
The average price at the pump is $1.36 per gallon higher than it was one year ago.