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    David Bordenkecher

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Articles

Rokita files suit against drug companies, PBMs over inflated insulin prices

March 20, 2024 | Casey Smith, Indiana Capital Chronicle

Indiana Attorney General Todd Rokita is seeking action against multiple Pharmacy Benefit Managers, or PMBs, and drug companies for what he calls a “conspiracy” to raise prices on insulin medication and unfairly profit off Hoosiers.

Apple has kept illegal monopoly over smartphones, Justice Department says in suit

March 21, 2024 | Associated Press

The Justice Department on Thursday announced a sweeping antitrust lawsuit that alleges Apple has monopoly power in the smartphone market and uses its control over the iPhone to “engage in a broad, sustained, and illegal course of conduct.”

Congress races to pass $1.2 trillion in spending before shutdown deadline

March 22, 2024 | The Washington Post

The bill has wide support, but negotiators spent so much time in talks to finalize the legislation that lawmakers could bumble into a brief partial shutdown if they can’t finish working before 12:01 a.m. Saturday.

IBJ Podcast: Ball State hoops star turned bank CEO talks leadership tips, that UNLV game and making moves

March 25, 2024 | Mason King

Mark Hardwick’s journey as a distinguished Ball State alum continues. He was a key player during the Cardinals’ run of NCAA and NIT appearances, and now he’s CEO of fast-growing First Merchants Bank after nearly 20 years as CFO.

Indiana cement plant among projects receiving $6B in federal funding

March 25, 2024 | Associated Press and Inside INdiana Business staff

The Department of Energy announced $6 billion in funding Monday for projects that will slash emissions from the industrial sector—the largest-ever U.S. investment to decarbonize domestic industry to fight climate change.

Chinese hackers accused of state-backed operation against U.S. politicians, companies

March 25, 2024 | Associated Press

Targets included officials at the White House and multiple government agencies, including the Treasury and Commerce departments, senators from both parties, the spouse of a senior Justice Department official, political strategists, and political figures from around the world who were critical of the Chinese government.

Inside the rush to cash in on fleeting March Madness fame

March 26, 2024 | The Washington Post

This time of year, with so many eyes on college basketball, NIL deals are now a part of the tradition. Still, for lesser-known players, it can be important to strike while the March lights are hot.

Shares in Trump’s social media company soar nearly 50% in first day on Nasdaq

March 26, 2024 | Associated Press

Before trading began, Trump Media had a market value of about $6.8 billion, a figure that will rise significantly if the early gains in the shares hold.

Trump fairgrounds

Indiana AG Todd Rokita alleges inflated COVID-19 stats

March 26, 2024 | Whitney Downard, Indiana Capital Chronicle

Indiana Attorney General Todd Rokita accused public health entities across the state of submitting “faulty” and “unsound” data when it came to COVID-19’s death toll and positivity rate.

Alcohol permit lifted at Indianapolis bar where shooting killed 1, wounded 5

March 26, 2024 | Associated Press

The Indiana Alcohol and Tobacco Commission voted unanimously to revoke a liquor license extension for 11:11 Bar & Grille on the city’s far-east side.

Democrats seeking nomination for attorney general see opening against Rokita

March 27, 2024 | Alexa Shrake, Indiana Lawyer

Indianapolis attorneys Destiny Wells and Beth White say Indiana Attorney General Todd Rokita is too focused on hot-button, culture-war issues and not focused enough on the job’s real role of protecting Hoosier consumers.

360 Market Square owner seeks additional investors in tower

March 28, 2024 | Mickey Shuey

360 Market Square is among downtown’s most expensive apartment properties, with an average rent of $2,365 per month.

Gubernatorial candidates spar in last debate before early voting begins

March 28, 2024 | Whitney Downard, Indiana Capital Chronicle

Questions submitted by the public to host WISH-TV ran the gamut, from taxes and diversity to education and “outsider” status. 

Indianapolis prepares for $17.5 million bridge rehabilitation, including two-year closure

March 28, 2024 | Taylor Wooten

Indianapolis city officials on Thursday announced plans to spend $17.5 million to rehabilitate a 76-year-old bridge over the White River. Construction crews are expected to begin rehab on the 16th Street Bridge, which connects Haughville to the west side of downtown Indianapolis, by the end  of 2024. In the first few months, contractors will work […]

Lafayette-based co-working group offering entrepreneur training in Indianapolis

March 29, 2024 | Susan Orr

The seven-week program, called MBXax, covers topics including sales and marketing, business models, product/market fit and go-to-market strategies.

Startup founder’s gesture surprises Chase employee

March 29, 2024 | Susan Orr

Hetal Retail, an early-stage software developer based in New York City, has an unusual connection to the Hoosier state—its name was selected in part to honor the Indianapolis bank employee who helped the company get off the ground.

UPDATE: Mayor decries youth access to guns after 7 wounded in downtown shooting

March 31, 2024 | Associated Press and IBJ Staff

The violence took place near the intersection of Illinois and Maryland streets, in the vicinity of numerous restaurants and other businesses.

Federal judge grants collective status in suit brought by Lilly worker who claimed age bias

April 1, 2024 | John Russell

The ruling opens the door potentially to hundreds of Lilly employees over 40 years old who have been denied promotions for which they feel they were qualified.

City-County Council delays housing project vote after complaints against developer

April 1, 2024 | Taylor Wooten

Councilors plan to take a closer look at a proposal after criticism was made against the developer. The Indianapolis-based company has been accused of mismanaging three west-side apartment properties—allegations that it denies.

IRS claws back money given to businesses under fraud-ridden COVID-era tax credit program

April 2, 2024 | Associated Press

The IRS stopped processing new claims in September, but said it will likely resume processing sometime this spring.

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