Top Twitter executives fired as Elon Musk takeover begins
Musk became Twitter’s owner late Thursday as his $44 billion deal to take over the company closed, marking a new era for one of the world’s most influential social media platforms.
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Commission recommends new funding model for higher education
The proposed funding model comes from the Commission for Higher Education, which the General Assembly tasked with researching a new formula to cover costs at Indiana’s state colleges and universities.
Dance Kaleidoscope’s David Hochoy to retire after 32 years in role
Hochoy, Dance Kaleidoscope’s artistic director since 1991, helped the company establish its studios at Circle City Industrial Complex.
Developer plans 94 homes on East 196th Street near Morse Reservoir
The Retreat at Morse development is expected to include attached single-family villas that would be built by Beazer Homes and cost an average of $400,000.
Lilly commits $92.5M to Purdue for drug research, scholarships
In a significant expansion of their longstanding collaboration, the partners hope to develop new models for delivering therapies to patients and provide full tuition to between 75 and 100 students each year for 10 years.
Three transit-oriented projects in line for city financing incentives
The Indianapolis City-County Council and Metropolitan and Economic Development Committee are considering tax-increment financing for three apartment developments that prioritize access to transit.
NCAA approves new guidance on player endorsement deals
The latest clarifications provide new guidance to members on name, image and likeness activities, giving schools, coaches and staffers a better idea of how they can be involved with athletes’ endorsement and sponsorship deals.
Bar planned in Bates-Hendricks to focus on wine-based daiquiris
The future Daiquiri Factory occupies 3,000 square feet in a building that includes hair salon Bang (A Salon).
As IPS prepares to share final restructuring proposal, some voice concerns
Many community members remain critical of a plan that doesn’t specify how much it would cost the district, what the district will do with closed buildings and the amount of money IPS would save long term.
Indiana Republicans aim to flip ‘safe’ Democrat seats
With Election Day just around the corner, and early voting already underway, Republicans aim for a smattering of seats in the Indiana Senate that they believe they can flip, largely putting Democrats on the defensive.
GOP eyes Indiana upset amid national push to diversify party
Air Force veteran Jennifer-Ruth Green is seeking an upset in an Indiana U.S. House district that has been Democratically controlled for nearly a century.
AES Indiana seeks to convert coal-fired units at Petersburg plant to natural gas
For years, environmentalists and public officials have urged AES Indiana to stop burning coal at its largest and dirtiest power plant. Now, it appears that the Indianapolis-based utility is getting ready to do just that.
Ground broken on $50M McCordsville district
The overall, $50 million master development is receiving $8.5 million in public funding, including $3.5 million from the Indiana Regional Economic Acceleration and Development Initiative, or READI.
Radial looking to fill seasonal positions in Brownsburg
Radial, which fills online orders for dozens of retail brands, opened its 700,000-square-foot Brownsburg distribution facility in 2019.
Developers planning four-story office project on Mass Ave
The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses.
Lebanon City Council approves water plan for Lilly project
The Lebanon City Council on Monday night approved an agreement that would reserve water and wastewater for a $2.1 billion Eli Lilly and Co. development in Boone County.
Indiana communities wait uneasily as lawmakers eye food and drink tax change
Thirty-three Indiana communities have a food and beverage tax: a 1% sales duty levied on businesses that sell or help sell food and drink. In some localities, both the municipality and county have one, stacking up to 2%.
IBJ Podcast: Pete The Planner’s frank message on accepting your future demise
Pete Dunn and podcast host Mason King dive into some the big questions that usually come up when one finally addresses this dark elephant in the room: How much life insurance do you need, and what kind?
Chip execs, biz leaders look to Purdue for help filling engineering void
The United States needs an estimated 50,000 or more new semiconductor engineers over the next five years. Tech leaders are traveling to West Lafayette for help.
Athlete advocacy group files complaint with DOJ against NCAA
The National College Players Association is accusing those involved with the governing body of violating antitrust laws by capping compensation for athletes.