Kite Realty eyes sale of Glendale Town Center
Indianapolis-based Kite Realty Group has owned Glendale Town Center since it acquired the shopping center then known as Glendale Mall for $20 million in 1999.
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Lilly earnings increase as Mounjaro, Zepbound sales continue rise
The Indianapolis-based drugmaker reported profit of $7.4 billion for the first quarter, up from $2.8 billion in the same period a year earlier.
Crude oil tops $125 a barrel over Iran war concerns
The Iran war, which is in its ninth week, still sees no clear path to an end.
Elon Musk tells his side of OpenAI’s beginnings in trial pitting him against CEO Sam Altman
Despite moments of levity, the stakes are high at the trial, which could sway the balance of power in artificial intelligence.
Chair Yasir Al-Rumayyan leaving board of LIV Golf as Saudi funding dries up, report says
LIV Golf is scheduled to play a tournament Aug. 21-23 in Westfield at The Club at Chatham Hills.
Commercial buildings, memory-care facility planned for Holliday Farms in Zionsville
Two multi-tenant commercial buildings and a memory care residential facility are in the works for Holliday Farms after the projects received approval from the Zionsville Plan Commission.
UPDATE: Powell plans to stay on at Fed after his term as chair ends, citing legal actions by administration
The Federal Reserve left its benchmark interest rate unchanged for the third straight meeting but signaled it could still cut rates in the coming months, moves that attracted the most dissents since October 1992.
Supreme Court weakens a landmark Civil Rights-era law and aids GOP efforts to control the House
The effect of the ruling may be felt more strongly in 2028 because most filing deadlines for this year’s congressional races have passed.
Republic Airways revives legal fight with Indianapolis over tax-break clawback
The Indiana Court of Appeals is siding with Republic Airways in the latest battle of an ongoing feud between the airline and the city of Indianapolis over $247,522.17 in tax incentives.
Indianapolis public health office mismanaged oversight of most contracts, audit finds
The city’s public health office, established in 2016, oversees programs focused on homelessness, violence reduction and behavioral health.
FSSA hiring 400 employees to monitor Medicaid eligibility ahead of work requirements
The hiring spree comes as FSSA prepares to comply with new state and federal work requirements, including more frequent eligibility checks.
Ole Red restaurant, entertainment venue planned for Meridian Street
The project is a partnership between property owner Boxcar Development LLC — a firm controlled by the Herb Simon family — and Nashville-based Opry Entertainment Group.
Lilly signs $2.25B deal with California-based AI firm to develop genetic medicine
The Indianapolis-based drugmaker will partner with Profluent to develop and commercialize treatments for diseases with severe unmet needs.
Second Helpings leader Linda Broadfoot stepping down
The hunger-relief organization said it would launch a national search for a new CEO as it enters “a pivotal moment” in its history.
Braun willing to consider pot legalization as report finds Hoosiers spend $2B on cannabis
Indiana residents have more than doubled their cannabis use over the past decade, researchers said.
Secretary of state candidate Greg Ballard knocks Indiana’s primary system
Ballard, a former Republican mayor of Indianapolis, is attempting an independent campaign for secretary of state under the “Lincoln Party” label.
OxyContin maker Purdue Pharma set to dissolve after judge approves its criminal sentence
The settlement is among the largest in a series of settlements by drugmakers, wholesalers and pharmacies in recent years.
Fed likely to leave rates unchanged at what might be Powell’s last meeting
Federal Reserve Chair Jerome Powell could signal he will stay with the Fed even as a Senate panel is expected to confirm his replacement.
Indiana Fever exercise 4th-year contract option on Caitlin Clark
The move ensures Clark will remain with the Fever at least through the 2027 WNBA season and also provides an avenue for the team to lock up the league’s biggest star until the next decade.
Sorsby’s gambling addiction casts light on issue that could affect thousands of college athletes
Experts fear the recent gambling issues that have arisen in college sports are just the “tip of the iceberg.”
