Purdue board OKs new $12M airport terminal, 900-bed residence hall
Rob Wynkoop, vice president of auxiliary services at Purdue, said the university has been actively exploring the return of commercial air service to the airport.
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Noble Roman’s faces investor lawsuit in ongoing proxy war
Indianapolis-based Noble Roman’s Inc., which is battling one of its biggest shareholders over whether to replace CEO Scott Mobley on the restaurant company’s board of directors, is now facing a lawsuit from that shareholder over the same issue.
Riley Children’s Foundation lands $10M gift from Walther Cancer Foundation
Walther will provide a one-for-one match for donors who establish endowed children’s cancer research funds at Riley Children’s Foundation, a move that could result in at least $20 million for research of new treatments of children’s cancers.
Lilly sued for alleged failure to warn about ‘severe’ side effects of diabetes drug
Indianapolis-based Eli Lilly and Co. and the maker of popular diabetes drug Ozempic are accused of failing to warn consumers and physicians about the risk of “severe gastrointestinal events” resulting from the use of two diabetes drugs.
Rock bands to converge for Back Alley Ballyhoo in Fountain Square
Atlanta-based Lunar Vacation and Indianapolis-based Cairo Jag preview the Back Alley Ballyhoo psych rock festival.
Westfield trio planning to open dog bar at Grand Park Village
Plans for Crate Escapes include a 10,000-square-foot indoor area and a two-acre outdoor space where dogs can run and play while their humans enjoy food, drinks, games and the sight of canines romping around.
Taylor Swift concerts announced for Lucas Oil Stadium
Music superstar Taylor Swift is planning to bring her The Eras Tour to Lucas Oil Stadium in Indianapolis in 2024.
Gas prices hit their highest level this year as heat hampers refineries
The average price for a gallon of regular-grade gas in the United States reached $3.80 on Wednesday, 26 cents more than a month ago, according to data from AAA.
BuffaLouie’s wing spot to expand from Bloomington to Carmel
A restaurant that has served up chicken wings and hamburgers in Bloomington for the past 36 years plans to make its Carmel debut in November.
AES Indiana says state storm outage investigation not warranted
State and not-for-profit utility consumer advocates filed a joint petition on July 11 asking the Indiana Utility Regulatory Commission to investigate the utility’s “practices and procedures for storm outage restoration.”
California firm terminates $875M acquisition of Cook Medical unit, FTC says
The Federal Trade Commission said CooperCompanies’ decision to abandon the deal “ensures that critical reproductive health markets remain competitive.”
Emmis Corp. to make another attempt to go private
Emmis Corp. CEO Jeff Smulyan says he believes his fourth pitch to take the Indianapolis-based media company private will be successful.
Spinal cord research group moving HQ to former Five Seasons club in Carmel
A Las Vegas-based not-for-profit founded by former IndyCar driver Sam Schmidt announced Tuesday that it will spend $21.4 million to purchase, renovate and equip the former Five Seasons Family Sports Club facility, which closed in 2017.
Developers revise plan for controversial $61M residential project north of Broad Ripple
The owners of Willows Event Center on Spirit Lake are reviving efforts to redevelop the site with apartments and townhouses, almost a year after withdrawing their proposal amid pushback from neighbors.
Shreve demands local TV stations quit showing Hogsett ad
Indianapolis mayoral candidate Jefferson Shreve had a lawyer send cease-and-desist letters to local television stations on Monday over Mayor Joe Hogsett’s newest campaign advertisement, alleging it is “false, misleading and defamatory.”
Camping World to acquire Mount Comfort RV in Greenfield
Mount Comfort RV, which primarily sells Forest River, Coachmen, Tiffin, Newmar, and Winnebago products, is one of the largest RV dealerships in the state.
IBJ Podcast: Pete the Planner faces the ‘financial chaos’ of raising teenagers
In this week’s edition of the IBJ Podcast, Pete and host Mason King take an in-depth look at three of the most expensive seasons of parenting.
Cicero needs new water source despite adjacent reservoir
Without more water, Cicero could be left out as development accelerates north along the U.S. 31 corridor.
New TIF renews hope for fading Irvington strip mall
The strip mall was built in 1952 and for years served as a primary retail hub for the neighborhood.
Area home construction permit filings down only slightly in June
The Indianapolis area might be showing signs of emerging from a single-family construction slump that began early last year.