Under growing pressure, Lilly to cut price of popular insulins by 70%
The Indianapolis-based drugmaker also said it will expand a program that caps patient out-of-pocket costs at $35 or less a month.
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IndyCar showcasing veterans, fresh faces in new season’s crowded field
IndyCar finally has its own television program, a refocused marketing plan, aggressive sustainability efforts and a whopping 27 full-time entrants as the season begins this weekend in Florida.
T-shirt maker United State of Indiana to open north-side store
United State of Indiana owners Graham Brown and Grant Gilman will set up shop in Monon Station retail center and plan to sell a variety of goods celebrating the state.
Neighboring office buildings on Mile Square’s south side sold to investor
The purchase of the Morrison Opera Place building puts an end to plans previous owner Bruce Bodner had to convert part of the property to apartments. An earlier plan for an 18-story addition was dashed due to the pandemic.
Chocolate shop making return to its Mass Ave roots
The Best Chocolate in Town sweets shop will open informally this week in the same retail strip where it served customers from 2007 to 2020.
IBJ Podcast: Is downtown safe? Ask two business owners who reached different conclusions.
Mason King talks with Greg Harris, founder of Backhaul Direct, which left downtown, and Andrew Elsenser, co-founder of Spot, which is expanding downtown.
Speedway considering gap loan for $35M Wilshaw hotel project
The upscale hotel project across from Indianapolis Motor Speedway has gone through numerous delays since being announced in 2015. A new developer took over in late 2021 but has yet to restart construction.
Construction on 400-unit apartment community finally to begin at former Pittman Farms
A five-year legal battle among members of the Pittman family delayed the project. Those disputes were settled two years ago.
100 years after his birth, guitarist Wes Montgomery remembered for understated mastery
“Wes Bound,” scheduled to premiere Feb. 26 on Bloomington public television station WTIU-TV Channel 30, is a centennial tribute to Montgomery, who was born on March 6, 1923
Bill aims to keep state from releasing non-resident prisoners in Indianapolis
House Bill 1087, authored by Rep. Justin Moed, D-Indianapolis, would require the Indiana Department of Correction—with some exceptions—to return offenders to the county where they lived when they were convicted.
Indy Fuel’s planned move to Fishers has been longtime dream for owner
The announcement last fall that the Indy Fuel minor league hockey team would move to Fishers and be the anchor tenant for an 8,500-seat arena was the culmination of two decades of vision and work by the team’s founder Jim Hallett.
House passes $43.4B budget with no Democrat votes
Democrats denounced the budget for taking funding away from traditional public schools. Under the new proposal, families making up to 400% of the federal poverty level, roughly $220,000, qualify for vouchers.
To celebrate 30 years, ComedySportz makes fresh start at new venue
After exiting its Mass Ave venue during the pandemic, the company that presents ComedySportz improv shows is set to open a new theater in the former home of a Books & Brews.
Carvana debt comes due with business ‘firmly in retreat’
The quarterly loss reported after the close Thursday caps a disastrous year in which Carvana’s stock plummeted 98%, erasing almost $37 billion of market capitalization. Carvana spent $2.2 billion last year to acquire Carmel-based KAR Auction Services Inc.’s physical auto auction business, ADESA.
Liquor store ownership group builds 60-store business of varied brands
Indiana Liquor Group has been acquiring stores in small cities and towns since 2019 and typically leaves the business names unchanged.
Area residential builders get off to slow start in 2023
Filings for single-family building permits in central Indiana have fallen on a year-over-year basis for the past 13 months and in 16 of the past 18 months.
IU Health’s operating income falls 25%, squeezed by labor shortage, rising expenses
IU Health said it responded to its highest patient demand ever last year, driven by surges in COVID-19 cases, high counts of critically ill patients, and the need to perform surgeries and other procedures delayed in the pandemic.
Mix Food Halls debut in Indiana at Kroger stores in Carmel, Fishers
Kitchen United describes Mix Food Hall as the “nation’s first multi-restaurant ordering to-go experience.”
Talking Heads-inspired tour seeks to recapture joy of 1980 shows
Jerry Harrison and Adrian Belew will bring an 11-member band to the Egyptian Room in Old National Centre for a Feb. 26 performance.
City looking to establish development plan for Indiana Avenue corridor
The Department of Metropolitan Development on Thursday issued a request for expressed interest, or RFEI, which will allow the officials to gauge the appetite developers have to devise an overall plan for the Indiana Avenue neighborhood.