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Lilly launches obesity drug, but insurers balk over price

December 8, 2023 | John Russell

The new drug, called Zepbound, carries a hefty price of $1,059.87 per month, and insurers and health care plans are balking, questioning its affordability. Many employers and government health programs exclude obesity treatments from their coverage.

2023 CFO of the Year: Michele Kawiecki

December 8, 2023 | Samm Quinn

Michele Kawiecki joined First Merchants Bank nearly nine years ago as senior vice president of treasury and accounting.

Carmel Center Apartments complex sells for nearly $82M

December 7, 2023 | Daniel Bradley

The sale of Carmel Center Apartments from Louisville-based NTS Development Co. to Dayton, Ohio-based The Connor Group closed at a significantly higher price than what NTS paid for the property in 2015.

Kroger seeks to expand store at busy intersection in Noblesville

December 7, 2023 | Daniel Bradley

The plan calls for expanding the 75,000-square-foot Kroger store by 50,000 square feet, constructing 75,000 square feet of additional retail space, and adding a Kroger fuel station and retail buildings along 146th Street.

Great American Songbook Foundation planning museum north of Palladium

December 6, 2023 | Daniel Bradley

The organization has entered into a preliminary agreement with the city of Carmel to locate the museum on 3.7 acres at the northeast corner of City Center Drive and 3rd Avenue Southwest.

Former Colts punter Hunter Smith launches Statehouse bid

December 5, 2023 | Leslie Bonilla Muñiz, Indiana Capital Chronicle

Smith said he would prioritize bipartisanship, “balance” and “dialogue,” and was also clear in calling himself a “pro-life conservative” and “pro-school choice.”

OpenLane plans to expand Canadian presence with $95M acquisition

December 4, 2023 | Susan Orr

Carmel-based OpenLane announced Monday that it plans to acquire Manheim Canada from Atlanta-based Cox Automotive in a $95 million deal that’s expected to close within 30 days.

IBJ Podcast: How Westfield resident Joey Chestnut makes a good living in competitive eating

December 4, 2023 | Mason King

Chestnut is the first to admit that competitive eating is a little weird, but he has a natural affinity for it, and it allows him to make hundreds of thousands of dollars a year.

Indy’s retail real estate market is bouncing back after pandemic

December 1, 2023 | Mickey Shuey

Indianapolis-area brokers are bullish on the future of the local retail sector as occupancy rates grow in the aftermath of the pandemic and demand for space outstrips supply in some suburbs.

Paramount Theatre rallies once more in downtown Anderson

December 1, 2023 | Dave Lindquist

Following an era of diminished star power , notable names are showing up on the theater’s marquee: Buddy Guy, Melissa Etheridge and Kenny Wayne Shepherd among them.

Q&A: Indiana GOP Chair Anne Hathaway’s take on crowded race for governor

December 1, 2023 | Peter Blanchard

The new Indiana GOP chair fielded questions about the 2023 municipal elections, Donald Trump’s endorsement of Mike Braun for governor and the party’s effort to recruit more diverse candidates.

10 tours to spread holiday cheer at central Indiana concert venues

November 30, 2023 | Dave Lindquist

Jazz, hip-hop, rock and country styles will be represented when touring acts bring holiday shows to Indianapolis and Carmel.

Ash & Elm Cider Co. planning expansion into Carmel with restaurant, tasting room

November 30, 2023 | Daniel Bradley

Ash & Elm’s planned 3,500-square-foot location, part of a multi-phase development by Carmel-based Old Town Cos., will be the company’s second restaurant and tasting room when it opens in spring 2024.

Mix Food Hall closes at Kroger stores in Carmel, Fishers

November 29, 2023 | IBJ Staff

Mix Food Hall locations, which offered menu items from several restaurants and filled them through online ordering, have shut down less than a year after opening in Hamilton County.

CEO: Here’s why Corteva moved its HQ to Indy from Delaware

November 27, 2023 | John Russell

Speaking at Monday’s Economic Club of Indiana, Corteva CEO Chuck Magro said last year’s decision was anything but hasty or haphazard.

Alcohol-free businesses provide the drinks without the hangover

November 24, 2023 | Daniel Bradley

Booze-free bars and nonalcoholic retail bottle shops are found mostly on the coasts, but a handful have taken root in the Midwest.

Editorial: Small Business Saturday is much more than a marketing gimmick

November 24, 2023

Wherever you live in central Indiana, there’s bound to be a Small Business Saturday event near you.

Indy resident who co-founded Kiss Army to be recognized at band’s last local concert

November 22, 2023 | Dave Lindquist

As a teenager in Terre Haute, Bill Starkey championed the glam-rock band in the early 1970s and tried to recruit fans and radio stations to the cause.

Former Indy-area financial planner to plead guilty in $4.7M fraud case

November 21, 2023 | Susan Orr

According to the plea agreement, Christopher Turean spent his wealthy client’s money on gambling and paying down a home equity loan.

Developers planning $450M in apartments, townhouses, condos, retail in Carmel over two projects

November 21, 2023 | Daniel Bradley

The two Indianapolis-based developers have requested the city issue a total of $76 million in developer-backed bonds to help cover the cost of design and construction of the projects.

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