North-side community development group searching for new CEO
Top executive Leigh Riley Evans plans to leave Mapleton Fall Creek Development Corp. later this fall after helping shepherd a $60 million project.
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China criticizes U.S. tech curbs but trade talks going ahead
China demanded Washington, D.C., lift newly imposed sanctions on Chinese tech companies but said Tuesday that envoys will go ahead with a U.S. trip for trade talks despite the latest spike in tensions.
Indianapolis Zoo gets $4M grant to establish global center for species survival
Plans call for the Global Center for Species Survival to employ a team of nine experts who will be based in Indianapolis and work with more than 9,000 wildlife experts worldwide to save threatened species.
Two-block office project by Methodist finally moving forward
The 4.5-acre site catty-corner to the downtown hospital complex is earmarked for a 250,000-square-foot office building and seven-level parking structure, to be connected by a skybridge. It also would include a grocery store.
China halts NBA broadcasts as anger mounts over Hong Kong tweet
The move is the latest backlash over a tweet by a Houston Rockets executive last week that expressed support for Hong Kong’s pro-democracy protesters.
Bingham merging with Dentons, bringing biggest global law firm to Indiana
In a move that’s expected to transform the Indiana legal landscape, Bingham Greenebaum Doll has announced it will be combining with Dentons, the world’s largest law firm.
Area election preview: Early voting kicks off Tuesday
Residents in Marion County will be determining the next mayor of Indianapolis and 25 City-County Council races. Several races in Hamilton County are also contested.
U.S. signs limited deal with Japan on ag, digital trade
A deal should win back benefits American farmers lost when President Donald Trump pulled out of a broader Asia-Pacific pact his first week in office.
Former BMV commissioner running for Congress
Kent Abernathy, a retired Army colonel and former Bureau of Motor Vehicles commissioner, announced his campaign Monday afternoon.
U.S. consumer borrowing shows $17.9B August increase
Consumer borrowing increased at a solid pace in August, helped by the biggest jump in auto and student loans in three years.
Goodbye to iTunes: Once-revolutionary app gone in Mac update
Sidelining the all-in-one iTunes in favor of separate apps for music, video and other services will let Apple build features for specific types of media and better promote its TV-streaming and music services to help offset slowing sales of iPhones.
Startups with female founders raise more venture cash, study says
In earlier rounds, mixed-gender teams do just as well as those without women, but the advantage grows in the later stages of fundraising, the study found.
Small businesses increasingly a target for cybercriminals
While businesses of all sizes are victims of cyberattacks, the smaller the companies, the more vulnerable they can be.
Local private equity firm raises $365M for investment fund
Hammond Kennedy Whitney & Co. Inc. already has taken controlling stakes in five firms with money raised in its latest nine-figure investment pool.
Report links high rent burdens, homelessness in Indianapolis
Marion County has a much higher percentage of households than the rest of the state that rent their homes instead of owning them, according to a report issued this week by the Indiana University Public Policy Institute.
Steve Braun suspends Congressional campaign for health reasons
Steve Braun, a former commissioner of the Indiana Department of Workforce Development and brother of U.S. Sen. Mike Braun, said he was “frustrated and disappointed to have to suspend my campaign at this critical juncture.”
Business economists foresee slowdown in U.S. growth
The nation’s business economists think President Donald Trump’s trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year.
IBJ Podcast: The story behind a rising food-drink-tourism empire in Nashville
Podcast host Mason King talks with McCabe, the executive chairman of Hard Truth’s parent company, about how the business has evolved, what makes Hard Truth Hills special and what’s coming in the future.
UAW not happy with latest contract proposal from General Motors
Contract talks aimed at ending a 21-day strike by the United Auto Workers against General Motors have taken a turn for the worse, hitting a big snag over product commitments for U.S. factories, a union official wrote in an email to members.
Butler raises $171M in campaign to support ‘new strategic direction’
The fundraising effort, named “Butler Beyond: The Campaign for Butler University,” hopes to raise at least $250 million overall by May 2022.