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Campaign launched to raise $5M for Dr. Martin Luther King Jr. Park

April 4, 2022 | IBJ Staff

The city has pledged $1 million in infrastructure work, primarily focused on new sidewalks, lighting, and pedestrian walkways that encourage greater connectivity to the surrounding neighborhood.

Pierre Atlas: Romanticizing the Wild West revises history

November 12, 2021 | Pierre Atlas

The Old West was awash in guns, but actual gun violence was rare.

General Electric to split into three public companies

November 9, 2021 | Associated Press

General Electric announced Tuesday that it will spin off its health care business in early 2023 and its energy segment including renewable energy, power and digital operations in early 2024.

Major Tool and Machine acquired by Maine-based company

September 1, 2021 | IBJ Staff

One of the largest and oldest manufacturers in Indianapolis has been sold to a Maine-based company with multiple divisions in the United States and Canada, the companies announced Tuesday.

Investors are raising $100 million to buy unloved antiques

July 5, 2021 | Bloomberg News

The demand for antique furniture is low, but a group of investors is betting it will increase again in the future.

Pierre Atlas: Middle East conflict requires two-state solution

June 11, 2021 | Pierre Atlas

I believe the solution lies in two secure and viable states, sharing Jerusalem.

Bohanon & Curott: Taxing capital gains like job income is bad idea

May 7, 2021 | Cecil Bohanon / Special to IBJ and Nick Curott / Special to IBJ

Taxing dividends and capital gains encourages too much consumption and too little savings, which is to the long-term detriment of households and the larger economy.

2020 mergers and acquisitions that lacked public prices

January 29, 2021

Here are notable Indianapolis-area mergers and acquisitions that closed in 2020 for which financial details were not available.

High Alpha portfolio firm Bolster makes official launch after raising $6M

September 9, 2020 | Anthony Schoettle

Bolster’s investors include Indianapolis-based High Alpha Capital, Silicon Valley Bank parent SVB Financial Group, New York-based Union Square Ventures and Palo Alto, California-based Costanoa Ventures.

Market Wagon looks to expand produce-delivery service nationwide

July 31, 2020 | Sam Stall

The 4-year-old company uses proprietary software and legions of small farmers and gig drivers to create an Amazon-like system that delivers fresh produce, meats, dairy products and other local food.

Former Celadon affiliate 19th Capital sold in deal that should save dozens of jobs

May 13, 2020 | Susan Orr

Two out-of-state financial services firms have acquired the assets of former Celadon Group Inc. affiliate 19th Capital Group in a deal that will allow the Indianapolis-based company to continue operating with a reduced workforce rather than shutting down as previously planned.

Fat Atom Marketing’s demise hastened by lean pandemic budgets

April 28, 2020 | Kurt Christian

Carmel-based Fat Atom Marketing has gone out of business, citing the health crisis as the final straw. Marketing industry experts predict there will be a big increase in the number of firms forced to close due to the impact of the coronavirus.

Former Celadon affiliate 19th Capital to close, terminate 199 workers

February 27, 2020 | Susan Orr

The Indianapolis-based asset financing and fleet management company notified state officials this week that it will permanently close its operations late next month, eliminating all of its employees.

Dennis Sasso: Antisemitism is symptomatic of other prejudices

January 17, 2020

We are living through a political climate that legitimizes a language of racial, ethnic and religious bigotry. Social media and the internet facilitate the proliferation of hateful ideologies that feed into antisemitism.

Martinsville sock-maker FBF Originals ready to run

August 9, 2019 | Sorell Grow

The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.

URBAN DESIGN: Red Line predecessors led to city prosperity

February 14, 2019

Previous expansions of public transportation were also followed by population growth.

Despite low-key style, McRobbie has transformed Indiana University

February 7, 2019

Michael McRobbie has weathered the Great Recession, a higher education affordability crisis, and a nationwide reckoning about the very purpose of college in his 12 years as president.

Sears preparing for bankruptcy as soon as this weekend

October 10, 2018

Sears Holdings Corp., the struggling U.S. retailer owned by hedge fund manager Eddie Lampert, is focused on a deal that would preserve stakeholders’ value in a court restructuring, according to a person with knowledge of the matter.

Celadon admits it is under federal criminal investigation

July 4, 2018

The Indianapolis-based trucking company said the probe by the Criminal Division of the United States Department of Justice is related to financial reporting issues that it first disclosed in May 2017.

YMCA preparing to open sixth center in Indianapolis area since 2010

June 14, 2018

The YMCA of Greater Indianapolis has been on a growth spurt the last decade. And now, with 12 facilities, it is one of the largest corporate chapters in the country.

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