Fishers-based company forms $1.4B partnership to produce rare earth magnets
The funding will support the production of advanced rare earth element separation, metallization and magnet manufacturing capabilities in the United States.
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Simon Property Group acquires remaining stake in Taubman Realty Group
Taubman, headquartered in Bloomfields Hills, Michigan, was founded in 1950 and grew into one of the largest owners of high-end shopping centers in the United States.
Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7B consumer brands deal
The combined consumer health goods company is expected to generate about $32 billion in annual revenue.
Gov. Braun’s post-election committees raise hundreds of thousands from Indiana business leaders
The latest federal filings show more than $430,000 was raised through Team Braun, a joint fundraising arm.
Eli Lilly to build $3B manufacturing site in Netherlands
The facility is expected to produce oral medications, including Lilly’s highly anticipated GLP-1 pill for weight loss, orforglipron.
Local leaders plan pitch for downtown casino, circle potential sites
Sources tell IBJ that tax revenue from a new casino could help pay for potential upgrades to Lucas Oil Stadium as well as a soccer stadium on the east side of downtown.
Flight delays persist as government shutdown leads to air traffic controller shortages
U.S. Transportation Secretary Sean Duffy has been warning that travelers will start to see more flight disruptions the longer controllers go without a paycheck.
AI has the nation’s largest employers putting their workers on notice
Walmart CEO Doug McMillon warned at a company event in September that AI is set “to change literally every job” and that his workers would have to adapt.
Church appeals historic preservation board’s decision to deny Holy Cross demolition
St. Philip Neri Catholic Church, which oversees the Holy Cross Church property, said it has requested a judicial review of a decision that prevents it from razing the historic building.
Judges order Trump administration to use contingency funds for SNAP payments during shutdown
The rulings came a day before the U.S. Department of Agriculture planned to freeze payments to the Supplemental Nutrition Assistance Program.
Abrupt crane bay demolition at former GM stamping plant site caught many off guard
It took only a five-line clause in the state’s August land sale to Elanco Animal Health to bring down what was left of a nearly 100-year-old crane bay along the western bank of the White River.
Carmel mayor, councilors aim to get past internal discord
Carmel’s elected leaders are working to mend differences after a contentious budget-writing season during which conflicts arose and disagreements played out in public.
For fishing rod entrepreneur, fun is the bottom line
In fact, Smith founded and sold his first fishing-based company, which made lures, before he graduated from college.
IU-Lilly study to explore drugs’ impact on job productivity
Eli Lilly and Co. is funding and participating in an Indiana University study that examines the health outcomes of people on weight loss drugs, including Lilly medications.
Job seekers, employers say AI’s influence making entry-level work harder to find
The rise of artificial intelligence is not only affecting how people work—it’s also shaping the job market itself, especially for graduates in search of their first professional jobs.
Growth mindset: How adding staff moves solo entrepreneurs from overwhelmed to opportunity
More than 80% of small businesses in the United States operate without employees, and many entrepreneurs thrive by staying solo. For others, it’s not a sustainable path. But deciding when and how to grow the team can be challenging.
IBJ Podcast: What’s behind the Indiana Legislature’s special session on redistricting and how could it play out?
The battle to expand political power by changing boundaries on a map has a decades-long history in Indiana.
Americans staying put: US home turnover rate at lowest level in decades
The number of U.S. homes that typically change hands as people relocate for work, retire or trade-up for more living space hasn’t been this low in nearly 30 years.
Judges could rule on the fate of SNAP food aid as deadline nears for shutdown to end payments
Even if a judge rules the benefits cannot be suspended for the first time in SNAP’s 61-year history, many beneficiaries are likely to face delays in getting the debit cards they use to buy groceries reloaded.
IPS school board approves sale of John Marshall building for $350,000
The sale of a 16-acre portion of the 40-acre John Marshall campus at 10101 E. 38th St. marks the end of the district’s history with the school, which first opened in 1967.