Lilly’s COVID therapy hits wall as virus wanes
The use of COVID antibodies has fallen across the United States lately and, along with it, Lilly’s sales in that category.
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City tweaks TIFs to boost affordable housing
City officials are again refining expectations of developers who ask for help in financing projects, with the goal of increasing the affordable-housing stock and reducing the city’s long-term debt.
New nonstop flight to Austin coming to Indianapolis International Airport
The flight will be offered daily for nearly a month before shifting to a twice-daily schedule Oct. 2., with bookings starting June 14.
Torchy’s Tacos, Kung Fu Tea and more coming to Hamilton, Boone counties
Roundup: Fishers might soon be getting a taco joint, an Asian tea franchise and a fast-seafood eatery. Also, a relocated veterinary clinic has plans to build next to a new Mexican restaurant in Carmel and part of a former Big Lots in Boone County is slated to become a new gym.
Parks Place Pub to open in former Brixx pizzeria in downtown Fishers
Parks Place Pub—named after the city’s first bar, Parks Place Saloon—will be operated by three men who will be out to prove they can overcome their lack of restaurant experience.
Senators chide NCAA for not solving athlete-pay issue, as fast federal help looks unlikely
Warning of a looming threat to amateur sports, college athletics leaders urged Congress on Wednesday to take bipartisan action as states prepare to allow athletes to earn money from their names and personal brands.
Pences’ $1.93M house near Zionsville reflects former VP’s growing wealth potential
Former Vice President Mike Pence and his wife Karen have purchased a 7-bedroom, 7½-bathroom house near Zionsville for $1.93 million, a clear sign that national office and the spotlight it brings have financially elevated the couple after years of modest living.
Indiana Grown ready to reconnect at Monumental Marketplace
After the pandemic prevented Indiana Grown from putting on its annual Monumental Marketplace in 2020, the one-day event is set return to Monument Circle on June 18. More than 75 vendors are expected to attend the event.
Local tech vets join forces on platform to tackle unsolved crimes
The three co-founders of Uncovered.com have launched a crowd-funding initiative to raise money for their tech startup, which is focused on cracking unsolved missing persons and murder cases.
Artisan marketplace at 16 Tech adds tenants, amps up for grand opening
About half of the 20 vendors so far are already open at The AMP, which has its grand opening later this month. The AMP, a food-and-drink-based artisan marketplace, is on the campus of 16 Tech on the western edge of downtown.
Lilly’s stock gets big boost from competitor’s new Alzheimer’s treatment
Shares of Biogen competitors soared after aducanumab became the first drug cleared by the U.S. Food and Drug Administration to slow the course of the mind-wasting disease that afflicts 6 million Americans.
City-County Council votes to ditch mask mandate for vaccinated residents
The Democratic-majority council passed the measure 19-5, along party lines, with Republicans opposed because the order didn’t fully lift all capacity limits for businesses.
IBJ Podcast: Do I need a financial adviser? Probably. But how do I pick?
As host Mason King has experienced, figuring out what type of adviser you need and then which one to hire can be tough. So Peter “Pete the Planner” Dunn explains what to look for and how to choose.
Reptile Time: Indianapolis Zoo opens new gator, croc exhibit
People can watch the American alligator in a swampy habitat resembling the southeast U.S., as well as see the Orinoco crocodile in a home that mimics the tropical river basins of Colombia and Venezuela.
Duke Energy under pressure to break into 3 pieces
Activist investor Paul Singer says the huge utility has been underperforming its peers and argues that Duke’s customers would be better served by locally managed utilities.
Twin Aire waits to see what Community Justice Campus will bring
Seven months before the bulk of the campus opens southeast of downtown, neighborhood residents are waiting to see if the promise of accompanying redevelopment comes to pass.
Sen. Todd Young’s bill could lead to innovation hub in Indiana
Government and business leaders are preparing to bid to host one of the regional tech hubs that would be created by the U.S. Innovation and Competition Act, even though the bill has yet to pass.
Musk restaurant group reverses course, plans to reopen Next Door Eatery in SoBro
When Next Door American Eatery on College Avenue closed in March 2020, co-owner Kimbal Musk said the closure would be permanent. But the company now says that a transformed version of the restaurant will reopen at the same location this summer.
Developer proposes $60M apartment complex on Emmis radio site in Whitestown
Lafayette-based IG Development has submitted conceptual plans to redevelop roughly 27 acres of the Emmis Communications radio tower and transmission property in Whitestown with 408 apartments.
Indiana reports lowest COVID-19 case count in nearly a year
In the nine-county Indianapolis area, only Marion County (55 cases) reported more than seven new cases. Shelby County reported no new cases and Hendricks County had only two. Boone, Hancock and Morgan had just three apiece.