Law firm Barnes & Thornburg opens two more East Coast offices
The New Jersey and Philadelphia offices will be anchored by former attorneys from Faegre Drinker Biddle & Reath.
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U.S. plans shift to annual coronavirus shots, similar to flu vaccine
The federal government has purchased more than 170 million doses of the updated boosters, and doses began shipping last week, following authorization by the Food and Drug Administration.
Purdue University touts record increase in faculty members
Purdue University said it has added more than 200 faculty members over the past year, marking the largest single-year increase in the school’s 153-year history.
Indiana to tax student loan forgiveness, similar to other states
Democratic state Rep. Rep. Greg Porter of Indianapolis condemned the policy in a statement Tuesday and said he was drafting legislation to retroactively eliminate state income tax on debt relief.
Juul to pay nearly $440M to settle with 33 states in teen vaping probe
The agreement, which includes Indiana, resolves one of the biggest legal threats facing the beleaguered company, which still faces nine separate lawsuits from other states and hundreds of individual suits.
Art sales during second Butter fair at Stutz top $250,000
The Labor Day weekend event organized by cultural development firm GangGang grew from its 2021 debut, and four Indiana institutions acquired artwork to add to permanent collections.
Fishers-based Flexware Innovation acquired by Hitachi
Flexware Innovation, founded in 1996, is an engineering company that helps companies integrate ever-changing software with advanced manufacturing systems.
Student loan servicers inundated with refund requests after forgiveness news
The Education Department has offered to return money to people who continued to pay since the inception of the moratorium in March 2020, but the policy went largely unnoticed until last week.
Business travel not rebounding as fast as airlines expected
Business travelers generally pay higher fares, so the absence of so many of them has an outsized impact on airline revenue and profit.
Broad Ripple townhomes project along White River set to move ahead
The developer of Riverbank Townhouses—featuring units with listing prices beginning at $750,000—hopes the project will encourage more homeownership in the village.
IBJ Podcast: Indiana Fever’s president on team’s 5-31 season and strategy for rebuilding
Allison Barber shares her take on the 18-game losing streak, the franchise’s new rebuild strategy, her top priorities in the off-season and the challenges of leading an organization mired in a rough transition.
Indy-based financial wellness firm lands $3M in growth funding
Led by CEO Peter Dunn, also known as “Pete the Planner,” Your Money Line says it will use the funding to further develop its financial wellness software platform and more than double the size of its staff.
Summer drought conditions take hefty toll on American crops
It was a bad year for corn. And for tomatoes, hard red winter wheat, cotton, rice and several other crops.
CVS to buy home health-care provider Signify for $8B
The acquisition would continue CVS’ effort to grow from its pharmacy-chain roots to other sectors of the health industry.
17 states weigh adopting California’s electric car mandate
States with vehicle emission standards tied to rules established in California face weighty decisions on whether to follow that state’s new rules that require all new cars, pickups and SUVs to be electric or hydrogen powered by 2035.
Americans splurge on beauty, despite pullbacks elsewhere
One possible explanation for why beauty is thriving when consumers are more apprehensive about their spending is a long-held theory known as the “lipstick index,” which posits that lipstick sales rise during times of economic downturn.
Taft law firm expands Midwest presence with Detroit merger
The firm’s combination with Jaffe Raitt Heuer & Weiss P.C. will take effect Dec. 31 and grow Taft’s presence to 12 cities and about 800 attorneys.
Giant Eagle planning new Market District supermarket in Westfield
Pittsburgh-based Giant Eagle swooped into the Indianapolis market in October 2015 by opening a Market District supermarket in Carmel. It also owns more than 50 GetGo Cafe + Market stores in central Indiana.
Metro mayors join push to change state’s funding formula for local roads
Indianapolis officials hope an alliance with other central Indiana leaders will finally persuade legislators to either alter the formula or find other ways to provide more infrastructure dollars to densely populated areas.
Developer: Proposed Indy Eleven stadium won’t need more state support
The Indy Eleven soccer team owner said he is confident his plans for a downtown stadium won’t hinge on asking for more state tax dollars than already promised, despite the project’s cost increases since the Legislature agreed three years ago to help fund it.