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Articles

Banks are beefing up their loan-loss reserves

August 12, 2022 | Susan Orr

Banks aren’t reporting signs of trouble in their loan portfolios, but, at the same time, many that were reducing their reserves last year are now building them back up.

Purdue sees big Indianapolis expansion potential from IUPUI revamp

August 12, 2022 | Susan Orr

Purdue, which now has about 5,000 students at IUPUI’s campus, hopes to expand Indianapolis enrollment by at least 1,000 once Purdue begins operating its programs here under its own name.

Lennar Homes planning 53 townhouses at Fishers Marketplace

August 15, 2022 | Daniel Bradley

The three-story townhouses at Marketplace Towns would range from 1,700 to 2,200 square feet with an average cost of $400,000.

Chipmakers’ pandemic boom expected to slow as recession looms

August 16, 2022 | Bloomberg News

Even in an industry famous for its roller-coaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade or more.

Pence tells GOP to stop lashing out at FBI over Trump search

August 17, 2022 | Associated Press

Former Vice President Mike Pence, who is considering a 2024 presidential bid, said he has been troubled by what he called the politicization of the FBI.

Braun pushes for more spending on agriculture research, development

August 17, 2022 | Casey Smith, Indiana Capital Chronicle

Indiana Sen. Mike Braun said increasing government spending on agriculture research should be a top priority for the federal government as lawmakers in Congress craft their ongoing response to food security issues.

China attacks U.S. chip handouts while warning of market slowdown

August 18, 2022 | Bloomberg News

China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements that violate fair market principles and targets Beijing’s own efforts to build a semiconductor industry.

Indiana, Lilly Endowment making $111M investment in early literacy

August 18, 2022 | Alex Brown, Inside INdiana Business

The state of Indiana and Indianapolis-based Lilly Endowment Inc. on Thursday announced what they’re calling the largest financial investment in literacy in the state’s history.

Holcomb names new commissioner of workforce development

August 19, 2022 | IBJ Staff

David J. Adams, the chief innovation officer of the University of Cincinnati, is returning to state government. He served as executive director of the Indiana Public Retirement System from 2005 to 2007.

Ascend Indiana developing strategies to keep college grads in state

August 19, 2022 | Sam Stall

The program, developed under the auspices of the Central Indiana Corporate Partnership, recently raised $23.8 million that will be used to add staff, expand the program’s reach and hone its capabilities.

IUPUI realignment could bring big benefits to Indy businesses and economy

August 19, 2022 | Susan Orr and Taylor Wooten

Local business and tech-industry leaders say they see the effort as a chance to increase the pipeline of qualified employees who can work at local companies.

Samantha Julka: Welcome your employee’s full being into the office

August 19, 2022 | Samantha Julka

The pandemic has taught us that work and life are pretty hard to treat as two dichotomous elements of a singular person.

$188 million Purple Line moving toward 2024 completion

August 19, 2022 | Taylor Wooten

But there’s still a lot of work to do. Building of passenger stations has yet to begin; all progress so far has laid the groundwork for future construction.

Mike Lopresti: Joey Chestnut to attempt popcorn record at Victory Field

August 19, 2022 | Mike Lopresti

The man who once put down 182 chicken wings in 30 minutes, 55 glazed doughnuts in eight and 121 Twinkies in six has developed an appetite for a new conquest. Popcorn.

Nate Feltman: Transforming IUPUI will pay dividends

August 19, 2022 | Nate Feltman

For some years, there has been a growing consensus that while IUPUI has been successful on many levels, there is an opportunity to take the presence and engagement of IU and Purdue to the next level in our capital city.

UPDATE: Autosports giant Andretti Global planning $200M HQ in Fishers, 500 jobs

August 22, 2022 | IBJ Staff

The 575,000-square-foot facility will serve as the base of operations for the team’s current NTT IndyCar Series, Indy Lights and IMSA programs, as well as future racing initiatives.

2022 Tech Exec of the Year: Charles Stafford

August 23, 2022 | Samm Quinn

Charles Stafford is vice president of operations at PIER Group LLC.

2022 Tech Exec of the Year: Kate Maxwell

August 23, 2022 | Samm Quinn

Kate Maxwell serves as the lead technical authority for the global defense and intelligence business at Microsoft.

2022 Tech Exec of the Year: Matthew Etchison

August 23, 2022 | Samm Quinn

A member of the president’s cabinet, Matthew Etchison leads 182 IT professionals across the Ivy Tech Community College system. He’s responsible for the digital transformation of the college and for setting the strategic technology direction.

Experts say evolution needed to keep charitable gambling afloat

August 23, 2022 | Whitney Downard, Indiana Capital Chronicle

Charitable gambling—once a juggernaut in Indiana—has declined in recent years due to the challenges navigating the COVID-19 pandemic and its ensuing supply chain disruptions and inflation, with many organizations closing down completely.

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