Existing-home sales sink 12.1% in central Indiana
Median prices of homes sold in central Indiana ticked down slightly from June to July, but are still significantly higher than they were a year ago.
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IBJ Podcast: Cake Bake Shop founder living Disney dream, but ‘leveraged’
In this week’s episode, Gwendolyn Rogers tells host Mason King she has put a lot on the line over the last eight years to establish and grow the brand, including a hefty financial commitment.
Iconic Ohio drive-in chain Swensons plans Indy-area debut
Forbes selected Swensons for “America’s Best Burger” in 1999, and Akron native LeBron James has spoken publicly about his affection for the restaurant on multiple occasions.
Indiana Fever close season with 18-game losing streak
The Fever finished the season with a 5-31 record, tying the WNBA mark for most regular-season losses.
Expanded IRS free-file system one step closer in Dems’ bill
Now that the IRS is set to receive nearly $80 billion through the so-called “Inflation Reduction Act,” the agency has the means to develop new systems to help Americans pay their taxes.
Climate bill: Could coal communities shift to nuclear?
A major economic bill headed to the president has “game-changing” incentives for the nuclear energy industry, experts say, and those tax credits are even more substantial if a facility is sited in a community where a coal plant is closing.
Indiana staffing agency seeks $10M from state vendor in suit
A minority-owned staffing agency based in Batesville has filed a lawsuit in Marion County against a New Jersey-based company that alleges the out-of-state firm owes it $10 million related to a contract with the Indiana Family and Social Services Administration.
Indianapolis Star parent Gannett axes staff to cut costs
The layoffs are the latest sign of the unrelentingly tough times in the newspaper industry, which has been steadily shrinking for more than a decade as more advertising shifts from print to digital and readers turn to other online outlets for information.
Hinkle Fieldhouse to host 2024 NIT basketball championship
The event will mark the return of postseason basketball to the historic Butler University venue, after it hosted 16 games during the 2021 NCAA men’s basketball tournament.
Purdue sees big Indianapolis expansion potential from IUPUI revamp
Purdue, which now has about 5,000 students at IUPUI’s campus, hopes to expand Indianapolis enrollment by at least 1,000 once Purdue begins operating its programs here under its own name.
IUPUI athletic program faces some changes after campus’ realignment
In coordination with Purdue, Indiana University has formed at least nine task forces to tackle various issues related to the realignment of IUPUI—one of which is athletics.
Experts: Inflation Reduction Act unlikely to have impact on inflation
The legislation, which is headed for final approval Friday in the House and will then be signed into law, won’t directly address some of the main drivers of surging prices—from gas and food to rents and restaurant meals.
Auto enthusiasts pay $200K+ for customizable condos for their cars
The desire to connect with people who are passionate about anything with wheels and a motor led entrepreneur Jay Farmer to open Motor District Garage Condos in Westfield.
Device firm embroiled in lawsuit filed by investors
VoCare, which makes a handheld gadget called Vitals360 that allows physicians to monitor their patients’ vital signs remotely, is in the middle of a nasty fight with a group of five early investors.
City eyes street rebuild on Monument Circle
Officials are working on finding the $60 million, which will likely include federal funding, to pay for it.
Banks are beefing up their loan-loss reserves
Banks aren’t reporting signs of trouble in their loan portfolios, but, at the same time, many that were reducing their reserves last year are now building them back up.
ISO pops conductor signs on for another four years
The longtime principal pops conductor for the Indianapolis Symphony Orchestra plans to stick with the ISO for another four years before retiring his full-time baton.
East Coast wing chain planning multiple locations in Indianapolis area
Atomic Wings, a fast-casual chicken wing chain, plans to makes its Midwest debut in Indiana after signing a 10-unit development deal with an Indianapolis-based businessman who is well-acquainted with operating restaurant franchises.
Conner Prairie unveils plans for $24M in new projects at museum
Museum officials said the new capital projects will provide a “more complete and more inclusive” look at history.
Purdue, IU agree to split IUPUI campus, with both planning growth, stronger Indianapolis identities
The move is intended to drive growth in enrollment, research and particularly prestige, in part by eliminating the school’s tongue-twisting name. Purdue intends to grow its presence in Indianapolis as well.