Shares in insurer formerly known as Anthem plunge on high medical costs
Investors were disappointed even as Elevance Health Inc. increased its full-year profit outlook and beat analysts’ projections for second-quarter earnings.
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Hillenbrand exploring ‘alternatives’ for its funeral, burial subsidiary
In 2019, Hillenbrand officials told IBJ that Batesville accounted for about one-quarter of the corporation’s sales and 40% of its cash flow, but trends toward cremation were denting revenue.
Chicken tenders chain Slim Chickens planning at least 5 restaurants in central Indiana
Slim Chickens, which offers a menu that includes chicken tenders, wings, sandwiches, wraps, chicken and waffles, and salads, has about 150 restaurants in at least 29 states, plus the United Kingdom and Kuwait.
CDC endorses more traditional Novavax COVID shot for adults
Health officials say U.S. adults who haven’t gotten any COVID-19 shots yet should consider a new option from Novavax. The protein-based shot is a more traditional kind of vaccine than the three brands available.
Indy Parks nearing approval for $20M Frederick Douglass Park family center
The project set for 1616 E. 25th St. calls for a 45,000-square-foot building with a gymnasium, fitness rooms, a walking track, park offices, and community and meeting rooms.
Police release details of Greenwood mall shooting, including identities of shooter, ‘good Samaritan’
Greenwood officials disclosed Monday afternoon that the shooter who killed three people at Greenwood Park Mall on Sunday evening—and then was shot and killed by a “good Samaritan” bystander—was a 20-year-old city resident who had a run-ins with police as a juvenile.
Former IU law school dean asks for state disciplinary probe of AG Todd Rokita
Former dean Lauren Robel alleges Attorney General Todd Rokita made “false or baseless” statements on Fox News concerning an Indiana doctor who performed an abortion for a 10-year-old Ohio rape victim.
UPDATED: Shooting at Greenwood Park Mall leaves 4 dead, 2 injured
On Monday morning, the Johnson County Coroner’s Office said two men were pronounced dead at the scene, and a woman and a man were pronounced dead at local hospitals.
Indiana finishes fiscal year with more than $6 billion in reserves
The news comes as state lawmakers prepare to consider Gov. Eric Holcomb’s proposal to send $1 billion to taxpayers in the form of $225 refund checks.
Counting Crows shows are a dream realized for High Alpha partner
Eric Tobias has attended more than 150 Counting Crows shows. This weekend, he will see the band from a venue owner’s perspective.
Airport moving ahead on $76M parking garage expansion
About 1,000 of the spaces in the new facility at Indianapolis International Airport will be used by car rental companies while the remainder will be designated for daily or hourly parking.
Paige’s Music planning to move HQ from Indianapolis to Fishers
A 151-year-old business that helps Indiana’s music students improve their craft is on the move to Fishers after spending the past 33 years headquartered in Indianapolis.
Fischer Homes proposing to build 75 townhouses in Westfield
The high-end townhouses would be constructed on 11 acres of land at the Westfield Yard Planned Unit Development District near State Road 32 and Gray Road.
Area existing-home sales beginning to slow, but prices still rising
The active inventory of for-sale homes rose 47% from the previous month in central Indiana. Higher inventories could help bring down prices in coming months.
Indiana governor walks back comment on abortion bill
Indiana Gov. Eric Holcomb on Tuesday took back his previous statement that he expects to sign whatever abortion-restricting bill comes across his desk, but he struggled to articulate where specifically he stands on the incoming legislation.
Steak n Shake owner plans $3M rooftop tavern next to Fieldhouse
Sardar Biglari expects to spend at least $3 million to renovate the historic C.A. Schrader building’s top floor and construct an addition to the neighboring structure.
Lebanon City Council approves annexation of property for high-tech development
Nearly three dozen individuals and companies who own more than 1,400 acres over 56 parcels submitted petitions last month to have their properties added to the city of Lebanon.
Court rules antitrust complaint against IU Health can proceed
A Bloomington surgeon alleging Indiana University Health violated federal antitrust laws by acquiring local competitors has convinced the 7th Circuit Court of Appeals to reinstate his complaint.
Ascension’s much-touted micro-hospitals fade away in Indy area
Just five years ago this summer, officials from Ascension St. Vincent opened the first of five tiny hospitals in the Indianapolis area, touting them as a new model of ease and comfort for patients.
Indiana’s Mom Water could be 1-million-case success story
The drink, flavored water infused with vodka, debuted just 16 months ago. The company operates out of Ferdinand, 15 miles south of Jasper, and the product is manufactured in Indianapolis.