Maven Space moving from downtown to north side
The woman-focused business and social group is relocating to Nora after more than two years in the historic OneAmerica Gibson Building on North Capitol Avenue.
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Caitlin Clark to join Cincinnati bid for 16th National Women’s Soccer League team
Major League Soccer’s FC Cincinnati heads the group trying to bring a women’s pro team to the city.
New coalition seeks to reduce barriers for entrepreneurs in Indiana
The coalition is a state branch of the national nonprofit Right to Start, which advocates for laws that provide tax breaks, provide procurement dollars and reduce regulations for startups and small businesses.
Carmel leaders seek answers on Christkindlmarkt financing
From 2017, when Carmel Christkindlmarkt was launched, through last year, city departments spent an estimated $7.56 million to support logistics of the market, which last year attracted nearly half a million visitors.
Indy councilors each have a $1M allocation to make improvements in their districts
Allowing each councilor to choose an improvement project is part of an initiative by Mayor Joe Hogsett’s administration to invest in roads, parks and dangerous intersections throughout Marion County.
Sales-tech firm Kennected facing lawsuit from creditor
Ultimo Global Holdings LLC alleges that the company has defaulted on a $1 million promissory note.
Riches and gifts roll on for Lilly Endowment
The Lilly Endowment is writing a flurry of big checks again and recently sold more than $50 million worth of stock in namesake drugmaker Eli Lilly and Co. to fund the gifts, many of them to Indiana organizations.
Public Greens restaurant along Monon Trail to close
All profits from Public Greens restaurants have been donated to the Patachou Foundation to provide meals for food-insecure children.
State receives $196M loan from EPA for water projects
Funding will go toward updating aging water systems and replacing lead pipes, building and expanding water systems in growing areas and improving cybersecurity systems.
Indianapolis Department of Public Works director to depart in December
Brandon Herget spent almost two years as director of the Indianapolis Department of Public Works, the city’s largest department by budget and second largest in terms of workforce.
Chicago Fed president weighs in on interest rates in Indianapolis visit
Federal Reserve Bank of Chicago President Austan Goolsbee said he supports additional interest rate cuts—although he also said it’s difficult to determine the ideal rate.
IPS board renews agreements with six Innovation Network schools
The 6-0 approval extends the district’s relationship with the schools—most of which are charters—until June 2030.
Supreme Court allows multibillion-dollar class action to proceed against Meta
The justices heard arguments in November in Meta’s bid to shut down the lawsuit. On Friday, they decided that they were wrong to take up the case in the first place.
DirecTV calls off acquisition of rival Dish
DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt.
F1 closer to approving expanded grid for GM entry initially started by Michael Andretti
With a restructuring at Indianapolis-based Andretti Global that pushed Michael Andretti into a smaller role, the chances of his organization landing a Formula 1 team have substantially increased.
Who’s on Braun’s transition councils? Mostly businesspeople and lawyers
Of the 147 people Braun chose to serve on his 12 transition councils, one in three are private-sector business leaders and two in three have not previously worked in state government, an IBJ analysis found.
New software-industry survey shows signs of optimism amid tech slump
The 2024 SaaS Benchmarks report, released this week by Indianapolis venture studio High Alpha, offers some reasons for optimism in the software-as-a-service sector amidst the ongoing tech slump.
Mike Lopresti: Heading to the Emerald City
In this universe, Indiana is all over the stat sheet of national leaders like a spilled cup of coffee—No. 1 in the country in rushing defense, No. 2 in scoring offense, No. 3 in total defense and pass efficiency.
UIndy lands $5M gift from graduate and retired Lilly exec Stephen Fry
The money will go to start three programs designed to give students real-world business experience along with their classroom experience.
Airline CEOs, Buttigieg fight over regulations even after election
The Biden administration is on its way out of power, but that’s not ending the arguments between Transportation Secretary Pete Buttigieg and airlines that think they are being over-regulated.