Deer Creek founders reunite to launch Labor Day weekend music festival
Performers have yet to be announced for the All IN Music & Arts Festival, scheduled Sept. 3-4 at the Indiana State Fairgrounds.
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Caesars starts work on $39M expansion of Anderson casino
The expansion will add 30,000 square feet to the gambling floor and 100 jobs at the venue, plus additional slot machines and table games.
Developer planning $40 million in apartment projects near Southport
The plan by Homestead Development consists of two components. The first would be a single apartment building for individuals age 55 or older. The other would be an eight-building complex containing market-rate apartments.
Home improvement firm New Bath Today acquired by Atlanta firm
Brothers Mike and Ryan Redman started Indianapolis-based New Bath Today as a spinoff of their contracting business in 2016 and it has been growing quickly ever since.
Penske Automotive acquires Terry Lee dealerships in Noblesville
The acquisitions of Terry Lee Hyundai and Terry Lee Genesis closed on Tuesday. Lee, who has owned car dealerships since 1995, said the sale marked his departure from the automotive sales business.
Cummins: Suspending Russian operations cost it $158M in first quarter
Cummins made the disclosure in its first-quarter financial report. Profit dropped in the period, but sales hit a record high. The company also said interest in its emerging hydrogen business is growing.
Fire department planning to vacate Broad Ripple station for new firehouse on College
City officials plan to get public input on potential reuses for the 100-year-old home of Fire Department Station No. 32 at 6330 N. Guilford Ave.
Amazon workers vote against unionization in New York
Labor organizers and experts say they expect the momentum to organize at Amazon’s more than 1,000 warehouses across the country to continue despite the loss.
First Internet Bank’s acquisition deal with Georgia bank terminated
First Internet announced in November that it planned to acquire Georgia-based First Century Bank for about $80 million. But when it became necessary to extend the closing date, the parties couldn’t agree on extension terms.
IBJ Podcast: The ‘surreal’ story behind filming supernatural thriller in West Baden
Host Mason King talks with Cook Group President Pete Yonkman and Pigasus Pictures CEO Zack Spicer about making a movie at—and about—the West Baden Hotel and why Cook Group execs got involved.
Herb Simon-backed group proposes $250M two-tower project across from fieldhouse
The proposed downtown development at 230 S. Pennsylvania St. calls for the demolition of a century-old building and the construction of two high rises, including a 26-story apartment tower.
‘Roadsters 2 Records’ is new-look IMS Museum exhibit
The museum’s latest exhibit spans 1960 to 1972, when car designs changed radically, international drivers made a big impression, and the race arrived on television sets across the United States.
Clerk’s race could carry consequences for Marion County Democrats
A longtime feud among local Democrats has come to a head in the contentious race for county clerk, pitting county recorder and party chair Kate Sweeney Bell against former state senator and two-time county auditor Billie Breaux.
Herron Classical Schools to purchase former Salvation Army HQ
Herron Classical Schools said the former Salvation Army of Indiana Divisional Headquarters building next to the Children’s Museum of Indianapolis will become the permanent home of Herron Preparatory Academy.
Lilly CEO has leaders talking about whether state is doing enough to grow Indiana
David Ricks’ lunchtime speech to The Economic Club of Indiana—repeated on social media by those in attendance and reported by IBJ and local TV stations—has reverberated across the state.
Top Democrats push for federal crackdown on high gas prices
Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.
Amazon reports rare quarterly loss as online shopping slows
Amazon prospered during the COVID-19 pandemic as homebound people eager to limit human contact turned online to purchase what they need. But growth has slowed as vaccinated Americans feel more comfortable going out.
Community Health starts ‘fully integrated cancer program’ with MD Anderson
Community Health Network said the new arrangement with the largest cancer center in the United States will give Hoosiers access to some of the most advanced cancer treatments in the nation.
Zionsville coworking center zWorks consolidating into one building
A smart-home automation business is set to take over one of zWorks’ buildings after the coworking center consolidates into one location.
Lilly says experimental drug helped patients lose up to 22% of body weight
The drug, called tirzepatide, has been closely watched by medical professionals and is viewed by financial analysts as possible blockbuster, with potential annual sales in the billions of dollars.