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Articles

Gainbridge extends deal as presenting sponsor of Indy 500

May 25, 2022 | Associated Press

The Indianapolis 500 will be presented by Gainbridge for the next several years under a contract extension announced Wednesday with the online investment platform.

Indiana Fever fire Stanley as coach after 2-7 start

May 25, 2022 | Associated Press

Marianne Stanley brought a Hall of Fame resume to the Fever bench, but her teams won just 14 games in a little more than two seasons.

Purdue, Rolls-Royce ink $75M deal for testing propulsion tech

May 25, 2022 | IBJ Staff

Purdue President Mitch Daniels said the partnership “will address some of the greatest technology challenges facing the U.S.” and “ensure long-term national security.”

UPDATE: Lilly to anchor state’s new innovation district with $2.1B in manufacturing facilities

May 25, 2022 | John Russell and Mickey Shuey

The Indianapolis-based drugmaker said Wednesday the project in Boone County will create up to 500 jobs in central Indiana, along with up to 1,500 temporary construction jobs.

Vaccines might not prevent many symptoms of long COVID, study suggests

May 25, 2022 | The Washington Post

This week, the Centers for Disease Control and Prevention released new estimates of the syndrome’s toll in the United States, suggesting it affects one in five adults younger than 65 who had COVID, and one in four of those aged 65 and older.

Two ‘secret children’ of ex-Indy fertility doctor sue Netflix for revealing identities

May 25, 2022 | Katie Stancombe, The Indiana Lawyer

The Marion County women, who discovered they were among the nearly 100 “secret children” of a former Indianapolis fertility doctor, have filed lawsuits against the producers of the popular Netflix documentary “Our Father.”

Social media hammered by mounting questions over advertising

May 25, 2022 | Associated Press

Social media companies are competing for the same pool of advertising money that is increasingly under threat from spiking inflation and also changes at Apple Inc. that can restrict the information social media platforms can collect on users, a big selling point for advertisers.

NCAA survey shows mental health still concern for athletes

May 25, 2022 | Associated Press

A survey of college athletes by the Indianapolis-based NCAA suggests that rates of mental exhaustion, anxiety and depression remain as much as twice as high as pre-pandemic levels, but feelings of hopelessness have improved.

The Freedom Forum podcast: Karrah Herring, Indiana’s chief diversity officer

May 25, 2022

Since her appointment by Gov. Eric Holcomb, Herring has traveled the state, talking to businesses and organizations—as well as state agencies—about how to find and retain diverse talent, how to create equitable workplaces and how to invest in inclusion efforts.

Incentive deal for Kokomo battery plant the largest in state history

May 25, 2022 | Leslie Bonilla Muñiz

The Indiana Economic Development Corp. laid out a substantial incentive package to lure the joint venture, with tax credits and investments totaling at least $186 million.

Developer proposes 358-unit apartment project at Noblesville’s Hyde Park

May 25, 2022 | Daniel Bradley

Hyde Park Towns and Flats would be built on 17.4 acres of land west of Hamilton Town Center at the southwest corner of East 141st Street and Brooks School Road.

Andrea Morehead drops discrimination lawsuit against WTHR

May 24, 2022 | Dave Lindquist

The longtime news anchor’s lawsuit alleged that she had been harassed and mistreated by colleagues and managers as she waged a public battle with breast cancer.

Andrea Morehead

Solar power from Duke Energy to help power new Kokomo battery plant

May 24, 2022 | John Russell and Leslie Bonilla Muñiz

Stellantis officials said the clean energy requirement was a critical part of the agreement to locate the operation in Indiana.

Indiana lawmakers override governor’s veto of trans sports bill

May 24, 2022 | Associated Press

State senators voted 32-15 in favor of overriding Gov. Eric Holcomb following the same action in a 67-28 vote by the House earlier in the day.

Stellantis plans $2.5B electric-vehicle battery plant in Kokomo, 1,400 jobs

May 24, 2022 | Lesley Weidenbener and Leslie Bonilla Muñiz

The companies said the investment could grow to $3.1 billion as Stellantis—formed last year with the merger of Fiat Chrysler and France’s PSA Peugeot—ramps up production of electric vehicles.

Local Big Brothers Big Sisters group gets $2.9M of blockbuster gift

May 24, 2022 | Associated Press and IBJ Staff

Billionaire philanthropist MacKenzie Scott has given $122.6 million to Big Brothers Big Sisters of America, which includes $2.9 million for the local arm of the youth mentoring organization.

Ice Miller loses eight attorneys, staff members to East Coast firm’s new office

May 24, 2022 | IBJ Staff

More than a dozen employees—including eight attorneys—have left law firm Ice Miller to start a Midwest office for Newark, New Jersey-based law firm McCarter & English in Carmel, the East Coast firm announced Monday.

Circle Centre owners take first steps in recasting downtown mall

May 24, 2022 | Mickey Shuey

The ownership group plans to begin conversations with potential developers in the near future, after receiving suggestions from four design groups for remaking the massive property as a mixed-use district.

NFL Scouting Combine staying in Indianapolis through 2024

May 24, 2022 | Mickey Shuey

Indianapolis, which has hosted the event since 1987, beat out competing bids from Los Angeles and Dallas.

Poll: U.S. economy bigger priority than punishing Russia

May 24, 2022 | Associated Press

While broad support for U.S. sanctions has not faltered, the balance of opinion on prioritizing sanctions over the economy has shifted, according to the poll from The Associated Press-NORC Center for Public Affairs Research.

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