Lilly to acquire UK-based pharmaceutical company in deal worth up to $7.8B
Centessa Pharmaceuticals is developing treatments to address daytime sleepiness and other neurological conditions.
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Employees could use 401(k)s to invest in crypto, private equity under Trump plan
The plan is a victory for Wall Street, which has lobbied for wider access to such products.
Indiana attorney general backs challenger to US Rep. Jim Baird
Indiana Attorney General Todd Rokita is weighing in on his old congressional seat by backing a legislator who is running against current U.S. Rep. Jim Baird in the Republican primary.
Sysco expands into high-margin restaurant segment with $29B deal
The acquisition comes in a fast-growing and high-margin segment that will likely mean thousands of restaurants will rely increasingly on Sysco for day-to-day needs.
Community Health to make payments in lieu of taxes for Westfield facility
Community Health has reached an agreement with the city to make annual payments over the next 25 years instead of paying property taxes on its new six-story, 200-bed hospital tower
Rising gasoline prices are double blow for drivers who use their own vehicles for work
Driving a car, van or truck is a big part of many Americans’ workdays. Nearly 27% of civilian workers cited driving as a physical demand of their jobs last year.
US stocks fall in another shaky day as oil prices keep climbing
Caution was prevalent throughout financial markets because of uncertainty about when the war with Iran could end.
Lilly asks U.S. Supreme Court to rule part of False Claims Act unconstitutional
The Indianapolis-based drugmaker is challenging a $183.7 million judgment in a case brought by a pharmacist who alleged Lilly made false claims about rebates to the federal Medicaid program.
Women’s Fund of Central Indiana rebrands, expands statewide
The transition reflects both urgent need and direct feedback from women, the foundation said in announcing the change.
Visit Indy prepared to welcome tens of thousands for Final Four
The downtown La Quinta Inn on East Washington Street is advertising rooms at $609 per night for the weekend, and the Sleep Inn and Suites near 16 Tech has rooms at $814 per night.
Indoor golf venue planned at 46th Street and Monon Trail
The 3,800-square-foot facility is expected to open in late May on the first floor of the Monon 46 residential apartment community.
Conner Prairie unveils Museum Experience Center after $40M expansion
Construction on the project started in late January 2024, with workers gutting, remodeling and adding onto the front, back and inside of the former Welcome Center that opened in May 1988.
Some wait times at airport bottlenecks are easing with TSA paychecks promised
After weeks of chaos in U.S. airports, the Transportation Safety Administration said the first paychecks in weeks are being sent as early as Monday to its workers.
Toyota sales dip as automakers brace for Iran impact
While the world’s biggest carmaker has held steady despite a global slowdown in EV demand and the cost of US tariffs on cars and parts, the bigger test for the auto industry will be the degree of disruption from the Middle East conflict.
Meta faces $310B market value drop on legal, AI concerns
Shares of the Facebook and Instagram parent are down 19% this month going into this week, putting them on pace for their worst performance since October 2022.
Indiana going all out to celebrate America’s 250th birthday
Hundreds of events will take place all year throughout the state in celebration of 250 years since the signing of the Declaration of Independence on July 4, 1776.
IBJ Podcast: Mitch Daniels on bringing Purdue biz programs to downtown Indy; plus AI, Social Security
The former Indiana governor and president of Purdue University also addresses one of the biggest political, academic and economic debates of the last decade: What is the value of a college degree?
Final Four in Indy is set as UConn stuns Duke to join Illinois, Arizona and Michigan
At the Final Four in Indianapolis, the third-seeded University of Illinois will pass for something resembling Cinderella in a field with two No. 1 seeds and a No. 2.
Worries about global economic pain deepen as war in Iran drags on
Ongoing strikes and counterstrikes on Persian Gulf refineries, pipelines, gas fields and tanker terminals threaten to the prolong the global economic pain for months, even years.
TSA pay might be coming, but airport delays could persist and ICE agents may stay awhile
President Trump’s executive order instructed the Department of Homeland Security to pay TSA officers immediately, but it is unclear how quickly travelers will see an impact.