UBS sues wealth managers who joined rival firm
In its complaint, UBS accuses the defendants of using UBS resources to plan UBS client meetings that took place after the defendants had left the firm.
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Brothers writing new chapter for 106-year-old building in Garfield Park
Siblings Phil and Joel Kirk want to be part of the commercial comeback of the Garfield Park neighborhood southwest of Fountain Square.
Luxury developer plans nearly 300 apartments on site of former entertainment center
The plans from Edward Rose & Sons call for demolition of the 54,500-square-foot Main Event entertainment complex, which opened in mid-2017 in the Lake Clearwater area.
UPDATE: Frank Reich fired by Colts; Jeff Saturday named interim coach
The ouster, during the coach’s fifth year with the team, comes after the Colts got off to a disappointing 3-5-1 start to the season.
Most hotels planned for downtown still in works, but progress slow
Five of 20 downtown hotel projects announced before the pandemic have opened. But few of the remaining 15 have made substantive progress, despite a strong rebound in the district’s hotel occupancy rates.
Noblesville leaders expand scope of planned Innovation Mile
City leaders expect a stretch of undeveloped agricultural land on the city’s southeast side to become Hamilton County’s next epicenter of innovation.
TWG planning apartments on former bakery site east of downtown
TWG Development expects to spend $56.5 million to build Bakery Living, a six-story, 201-unit apartment project at 1331 E. Washington St., just east of its redevelopment of a Ford Motor Co. assembly plant.
IBJ Podcast: Ben Lytle on navigating coming disruptions in tech, culture
Speedier advances in cloud and quantum computing. Aligning tech with the human body. Spending more of our time communicating and socializing virtually. The former Anthem CEO breaks down the forces that will change the way we live and work.
State-led coalition vying for federal funds to create a hydrogen hub
The Indiana Economic Development Corp., along with public and private partners, is hoping for a piece of $7 billion in grants to establish northwestern Indiana as one of a handful of hydrogen hubs nationwide.
NICO Corp.’s brain surgery tools gain traction, $12.6M in new funding
After 15 years of coaxing and cajoling the medical community to consider a different way to do brain surgery, NICO co-founder Jim Pearson has numbers to show more surgeons and investors are buying into his vision.
Developers planning four-story office project on Mass Ave
The development team hopes to land a single office tenant to occupy most of the building, although the first floor could also consist of retail or other commercial uses.
IBJ Podcast: Pete The Planner’s frank message on accepting your future demise
Pete Dunn and podcast host Mason King dive into some the big questions that usually come up when one finally addresses this dark elephant in the room: How much life insurance do you need, and what kind?
Funding perpetuates surprises at city’s most unusual venue
In September, music and art venue Healer received one of 10 Power Plant Grants distributed by Indianapolis-based Big Car Collaborative and funded by New York’s Andy Warhol Foundation for the Visual Arts.
Wabash River could be solution to Boone County’s development needs
To meet the water demands of an innovation district planned for just north of Lebanon, state officials are exploring the idea of tapping into the Wabash aquifer in Tippecanoe County.
Enrollment gains help Elevance Health top quarterly forecasts
The Indianapolis-based Blue Cross-Blue Shield insurer said Wednesday that enrollment in Medicaid, a state and federally funded program for people with low incomes, climbed nearly 9% in the quarter, to 11.3 million.
IU School of Medicine to break ground on new, $230M home
Indiana University School of Medicine’s planned medical education and research building marks the largest construction project in the history of the school.
Keystone planning $70M, 248-unit apartment complex in Fort Ben area
The Fort Harrison Reuse Authority has offered a 3.8-acre parcel of land to developer Keystone Group for $10 as an incentive to go ahead with the project.
IBJ Podcast: Rahal, Frye on why race teams are investing now
Guest host Mickey Shuey talks with IBJ reporter Daniel Bradley about several expansion projects and then interviews team owner Bobby Rahal and IndyCar’s Jay Frye about the state of racing.
In Senate debate, McDermott goes on offensive against incumbent Young
Democrat Tim McDermott took repeated shots at Young’s position on abortion, medical costs and same-sex marriage, while Sen. Todd Young pointed to his bipartisan record of working with Democrats.
Racing teams investing big in central Indiana
The local resurgence is spurred by three of motorsports’ biggest brands—Andretti Autosport, Rahal Letterman Lanigan Racing and Arrow McLaren SP.