Broad Ripple office project gets preliminary OK for $3.5M in bonds
A planned two-building office headquarters in Broad Ripple for staffing company Eight Eleven Group is another step closer to approval.
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Indiana University ends Bicentennial Campaign with nearly $3.9 billion
In announcing the final totals for the campaign Thursday evening, the university said more than 320,000 alumni and other donors from all 50 states and more than 100 countries contributed to the effort.
Chick-fil-A planning new downtown restaurant
The new Chick-fil-A will occupy the cellar and ground floor of 10 E. Washington St., which has been vacant since the menswear chain Jos. A. Bank closed its store there in 2017. Also this week: The Exchange Whiskey Bar and Dave & Buster’s.
Lilly, Anthem, other major businesses announce pledge to advance racial equity
The pledge “to hold their organizations accountable for driving measurable progress in advancing racial equity” was signed by numerous major employers and organizations in central Indiana.
Lilly bracing for global demand for its experimental antibody for COVID-19
Shares of Lilly jumped 3.7%, or $5.41, to $149.54 in afternoon trading following the company’s morning announcement that it has asked the U.S. government to allow emergency use of the therapy to treat the disease.
Rahal Letterman Lanigan Racing plans $20M Zionsville HQ
The project will allow RLL to moves its its IndyCar operations in Brownsburg and its International Motor Sports Association operations in Hilliard, Ohio, to one 13-acre site in Zionsville’s Creekside Corporate Park.
Lilly seeks emergency use of its antibody drug for COVID-19
Eli Lilly and Co. says it has asked the U.S. government to allow emergency use of an experimental antibody therapy based on positive early results from a study.
Newfields announces major new immersive art exhibition
The Indianapolis Museum of Art at Newfields on Wednesday announced the largest exhibit in its history. It is expected to occupy the museum’s entire fourth floor starting in June 2021.
Proposal offers city employees early retirement ahead of expected 2022 revenue declines
Of the city-county’s workforce of about 7,000 employees, 724 are eligible for the early-retirement program.
Marian University plans new engineering school with $24 million gift
The Indianapolis university said it was halfway to its $50 million fundraising goal for the school after a $24 million gift from the Witchger family and other donations.
Conrad Indianapolis hotel owners sue insurer over refusal to pay pandemic claims
Like most hotels, the Conrad Indianapolis has been hammered by the pandemic and the related shutdown of conventions and other hospitality-related events and establishments that create business for the hotel.
Visit Indy launches admission partnership with zoo, other attractions
The Indy Attraction Pass offers bundled access to Conner Prairie, Eiteljorg Museum of American Indians and Western Art, Indiana State Museum, Indianapolis Zoo and The Children’s Museum of Indianapolis.
Things to watch as Indianapolis Public Schools begins return to classrooms
Indianapolis Public Schools’ younger students headed back to classrooms Monday to resume in-person learning for the first time since March.
Monarch Beverage Co. to be acquired by Illinois beer distributor
Indianapolis-based Monarch, family-owned and locally operated since 1947, is the state’s largest beer distributor. It has about 600 employees.
IBJ Podcast: Our CEO, Nate Feltman, talks about the need for a new vision for Indianapolis
Plus, Feltman provides an update on how IBJ is doing during the pandemic and what he sees as the news organization’s future.
City bicentennial celebrations ramp up despite pandemic
The city of Indianapolis is turning 200 and, although the pandemic has altered some plans, celebrations are underway and residents have plenty of opportunities to engage.
Manufacturing on rebound, but not for all companies
While the pandemic has devastated Indiana’s tourism and hospitality industries, the picture is decidedly mixed for manufacturing—which constitutes more than a quarter of the state’s gross domestic product.
Eli Lilly, hospitals go to war over drug prices
A long-simmering dispute between Eli Lilly and Co. and safety-net hospitals across the nation over the price of prescription drugs has reached the boiling point.
5th District congressional candidates talk trade, job outsourcing
Republican state Sen. Victoria Spartz and former Democratic state Rep. Christina Hale have each raised concerns about outsourcing U.S. jobs, but the candidates say they would take different approaches to curbing the problem.
President Trump and first lady test positive for COVID-19
President Donald Trump’s positive test comes just hours after the White House announced that senior aide Hope Hicks came down with the virus after traveling with the president several times this week.