State seeks to regulate pharmacy benefit managers
Three bills advancing through the Indiana General Assembly would provide tighter regulation of pharmacy benefits managers (PBMs).
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Lilly signs deal to sell $210M worth of COVID-19 antibodies to U.S. government
The Indianapolis-based drugmaker said it will begin shipping the additional doses immediately to the federal government, which controls distribution of the drugs.
Finding consensus, struggling with conflict at legislative halfway mark
General Assembly has avoided COVID outbreak, but debated the budget and gubernatorial powers as tempers flared over racial issues.
Restaurant, bar capacity limits in Marion County to be eased March 1
More people will be allowed into Marion County restaurants, bars and gyms starting March 1, Indianapolis Mayor Joe Hogsett announced Thursday morning, citing improving COVID-19 pandemic conditions.
Central Indiana existing-home sales off to fast start in 2021
Existing single-family homes in central Indiana remained in heavy demand as 2021 got under way, despite the ongoing escalation of prices and shrinking supply of choices.
Fry’s Electronics closes all stores, including Fishers location
The 180,000-square-foot Fishers store originally housed Incredible Universe, a media and electronics superstore owned by Radio Shack parent Tandy Corp. Fry’s took over the building in 2005.
Ratio Design sells minority stake to Toronto investment firm, plans growth
Ratio will remain an independent Indianapolis-based company as part of the deal, with founding principal Bill Browne staying as president and the largest individual shareholder.
Indiana Senate passes bill to strip IndyGo funding, prevent rapid bus line expansion
Senate Bill 141 would withhold 10% of local income tax revenue from IndyGo until it meets a private fundraising threshold established in a 2014 law. It also would prevent IndyGo from moving forward with expansion projects, like the Blue and Purple lines, until it secures private funding.
Glendale continues to evolve with outlots for lease, cosmetic changes, new Culver’s
The owner of Glendale Town Center plans to market three new outlots as part of an ongoing renovation to the property that includes the addition of new tenants to backfill the former Macy’s space.
IBJ Podcast: What happens to downtown if workers stay remote?
It’s too soon to know for sure how many downtown workers might not be back. But to try to get a handle on the possibilities, host Mason King talks with IBJ real estate reporter Mickey Shuey, JLL’s Adam Broderick and restauranteur Ed Rudisell about the shifting downtown office market and the businesses that depend on it.
Small labs try to nab testing work at big sports events
A huge event that kicks off next month is hanging like a plum: the NCAA men’s basketball tournament.
Downtown office market set to shift as firms rethink space
A Salesforce decision to permit employees to work remotely even once the pandemic subsides could have long-lasting effects on the downtown office market.
Media exposure from 3-week NCAA tournament could pay off big
Coverage from Selection Sunday on March 14 to the championship April 5 should bring an enormous payoff to Indiana, which will host all 67 games, and to Indianapolis specifically, which will host 55 of them.
Entrepreneurship activity in Indiana is sluggish, Brookings report finds
As a result, the report argues, the state is not as well-positioned as it might be to rebound from economic downturns.
Fans to be allowed at NCAA men’s basketball tourney games
Most of the games will be played at a handful of venues in Indianapolis, while remaining games will be played in West Lafayette and Bloomington.
New tenants move into historic Monument Circle space
Luxori Salon, a startup, and B. Bliss Spa, which moved to Monument Circle from the Stutz Business and Arts Center, have taken the space formerly occupied by Studio 2000, a longtime salon and spa that closed last summer.
Booing, jeering, hallway altercations mar House debate on school district boundaries bill
During the Indiana House session on Thursday, a bill concerning school district boundaries that some are calling racist sparked an emotional and angry debate in and out of the chamber.
Senate committee narrowly approves bill that strips funding from IndyGo
Senate Bill 141, authored by Sen. Aaron Freeman, R-Indianapolis, would withhold 10% of local income tax revenue from IndyGo until it meets a private fundraising threshold established in a 2014 law.
Allison Transmission expects revenue, profit to rebound this year
Allison Transmission’s fourth-quarter financial performance exceeded analysts’ revenue expectations but fell short of profitability forecasts.
Central Indiana homebuilders off to hot start in 2021
Fresh off their busiest year since 2006, area homebuilders continued to see heavy interest from buyers in January, the Builders Association of Greater Indianapolis announced Wednesday.