State sells former GM stamping plant site to Elanco for $27M
Indiana Gov. Mike Braun said the agreement “enables Elanco and its partners, including Purdue University, to accelerate the creation of an innovation district in downtown Indianapolis.”
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State targets ‘discriminatory’ DEI practices, cancels minority business conference
The 17th annual Business Conference and B2Bloom Expo, hosted by the Department of Administration’s Division of Supplier Diversity, showcased ways for underrepresented companies to contract with the state.
To keep up with growing car prices, many borrowers turn to 7-year loans
Six-year loans, at one time considered the upper end of the range, are now the most common, accounting for 36.1% of loans in the second quarter.
New-home applications in central Indiana rise for 4th straight month
Hancock, Boone and Hendricks experienced significant increases in single-family building permits.
IBJ Podcast: ‘It all comes back to relationships,’ says banker turned small-biz owner
Something was missing from her career as a commercial lender, and Cindy Schum found it in a small firm that sold janitorial and cleaning supplies. After early trepidation, she realized she already had the key to entrepreneurship.
European postal services suspend shipment of packages to US over tariffs
The end of an exemption on tariff duties for low-value packages coming into the United States is causing multiple international postal services to pause shipping as they await more clarity on the rule.
Lucas Oil founder Forrest Lucas dies at 83
Lucas, who was born in southern Indiana, built Lucas Oil Products into a household name by signing a sponsorship to put the company’s name on the home of the Indianapolis Colts for 20 years beginning in 2006.
Indiana Education Secretary Katie Jenner unanimously confirmed as new higher ed commissioner
Jenner will lead both the K-12 and higher education agencies, beginning Oct. 11.
Savvy criminals fueling a spike in cargo thefts
Criminals have begun adopting technology—everything from telephone spoofing to artificial intelligence—that turbocharges their ability to steal cargo in a host of new ways.
Gen Xers are getting more joint replacements
Many patients in their 50s simply want to end chronic joint pain from arthritis, injuries and years of wear and tear to get back to hiking or to take up pickleball.
For law firms, AI promises ROI
AI-related labor and employment issues, patents, technology transactions and licensing are just some of the areas bringing in business to law firms.
Multimillion-dollar estate sales present unique hurdles
A complicated and delicate dance takes place whenever an estate the scale of the one owned by the late Indianapolis Colts owner Jim Irsay hits the market as it did last month.
Airport’s $140M overhaul of baggage handling will be ‘much smarter system’
The sprawling and complex series of conveyors, security monitors and other machinery that moves thousands of checked bags each day is nearing the end of its useful life.
Q&A: Attorney Fernanda Beraldi’s jewelry store passion project has roots in her native Brazil
Since acquiring Windsor Jewelry with a partner, Beraldi has dived headfirst into the business—meeting with designers, making many of the design decisions for the space and helping to choose the collections that will be featured.
Downtown sports venues poised for upgrades in CIB’s 2026 budget
Lucas Oil Stadium and Victory Field, both of which are operated by the board along with the Indiana Convention Center, are among those designated for $35.2 million in planned improvements approved as part of the agency’s overall budget on Friday.
Amid partisan redistricting push, centrist Indiana PAC tweaks mission
ReCenter Indiana plans to turn away from its work as a political action committee in favor of conducting polling, voter education and connecting civic advocacy organizations.
Social Cantina to open restaurant at former Gallery Pastry spot
The Art Moderne building at the intersection of 46th Street and College Avenue originally opened as a Kroger grocery store in 1932.
Stricter return-to-office policies are boosting growth for caterers
Tighter in-office mandates and the high cost of eating out are driving more workers to corporate cafeterias, where upgraded amenities and better food are used to lure staff back.
IREAD scores jump for IPS-run schools, charters, get close to pre-pandemic levels
Pressured by a new law and a statewide requirement to adopt science-backed literacy curriculum, schools focused an infusion of funding on second- and third-grade literacy in the years following COVID.
Powell signals Fed may cut rates soon even as inflation risks remain
Federal Reserve Chair Jerome Powell opened the door ever so slightly to lowering a key interest rate in the coming months but suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy.