Simon raises outlook after quarterly results top expectations
The Indianapolis-based shopping mall giant benefitted from a return of foot traffic to shopping centers after pandemic restrictions eased across the country.
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IBJ Podcast: Indiana’s workforce leader talks unemployment, labor markets and minimum wage
Host Mason King talks with Fred Payne, commissioner of the Indiana Department of Workforce Development, about what the state is doing to help more Hoosiers find jobs and more companies find workers.
Could 2022 be the year for marijuana legalization in Indiana?
Eyes will once again be on Indiana to see if lawmakers will loosen the state’s marijuana laws as neighboring states continue to cash in on legal weed.
Black-led financial institution looks to create access to capital
Work is underway to determine what kind of support services Black-owned businesses will need to complement the loan fund.
Ag-tech firm using aerial photos, big data to help farmers manage fields
Indianapolis-based IntelinAir Inc. sees a big opportunity in the use of artificial intelligence and machine learning to help farmers keep tabs on their crops.
Insurers push hard to win Medicare Advantage customers
In Indiana last year, dozens of insurers across the state rolled out plans hoping to get a sizable piece of the fast-growing market.
Emmis makes stock buyback offer, seeking up to 2 million shares
The stock buyback offer, announced Thursday, applies to up to 2 million shares of Class A common stock at $2.60 per share, or more than $1 per share above the closing price of Emmis shares on Thursday.
Carmel offers new details on $47M ‘1st on Main’ development
Plans call for the 1st On Main development—previously known as Lot One—to include a four-story office building with first-floor restaurant space and a private rooftop terrace, luxury condominiums, upscale apartment units and a parking garage.
Beck’s Hybrids adds Nebraska to its sales territory
Hamilton County-based seed company Beck’s Hybrids said the marketing expansion increases its total reach to 75 percent of the corn and soybean farmers in the United States.
Former firehouse being transformed into craft beer destination
Chalet, a daytime cafe and an evening bar, is expected to be the seventh business launched in five years by Small Victories Hospitality.
Qatar delegation visits Indiana to foster future business partnerships
Members from the Qatari commercial attache’s office met with Gov. Eric Holcomb, Secretary of Commerce Brad Chambers and more than 30 Indiana-based companies on Tuesday.
Indianapolis lands NFL Scouting Combine in 2022, faces competition in future
The NFL said the location of the 2023 combine will be determined through a bidding process involving Indianapolis, Dallas and Los Angeles.
Second NCAA gender equity report shows spending disparities
The law firm hired by the NCAA to investigate equity issues on Tuesday night released its 153-page report, which includes a series of recommendations to improve the gap among all sports tournaments.
‘Bob & Tom Show’ extends contract with 18 radio stations
The agreement applies to six stations that have aired the made-in-Indianapolis radio show for at least 20 years.
Community Health must face Justice Department’s false claims lawsuit, judge rules
A federal judge in Indianapolis has tossed out Community Health Network’s motion to dismiss a lawsuit by the U.S. Justice Department that alleges the hospital system engaged in a fraudulent scheme to keep patient referrals in its network.
Lilly misses earnings estimates but raises full-year outlook
Indianapolis-based Eli Lilly and Co. saw revenue in the third quarter increase 18 percent over the same period of 2020, to $6.77 billion.
OneAmerica Tower reopening downtown restaurant, coffee shop on ground floor
The 18,267-square-foot restaurant, which is open to both OneAmerica Tower tenants and the outside public, has been vacant since Sahm’s Restaurant Group closed its cafeteria there last fall.
Owners of high-end Carmel seafood restaurant plan sister eatery in Fishers
The owners of Monterey Coastal Cuisine in Carmel announced plans Tuesday to open a sister restaurant in the Nickel Plate area of Fishers called Tiburon Coastal Cuisine.
German team wins Indy Autonomous Challenge with average speed near 136 mph
TUM Autonomous Motorsport from the Technische Universität München won the $1 million grand prize in the inaugural Indy Autonomous Challenge on Saturday at Indianapolis Motor Speedway.
IBJ Podcast: Can you afford to quit your job and be part of the Great Resignation?
Host Mason King talks with Peter “Pete the Planner” Dunn about how to prepare financially to leave your job. Plus, Pete offers a prediction about the stock market as the year comes to a close.