EDITORIAL: Time for Hogsett to step up
The city has a long list of pressing needs—including reducing crime, squelching poverty, educating our workforce, and attracting higher-income residents who will pay the taxes needed to fund all those efforts.
IBJ Staff
Articles
Two Indiana agricultural associations complete merger
The Agribusiness Council of Indiana has merged with the Indiana Seed Trade Association, the associations announced Wednesday.
Simon settles suit with Starbucks over closing Teavana stores
The Indianapolis-based mall owner had sued Starbucks, attempting to stop the coffee giant from closing dozens of Teavana locations at its properties.
New enrollment system gets 3,500 applications
OneMatch is a web-based application process for IPS and 90 percent of Marion County charter schools.
Strada partners to help adult learners
The Council for Adult and Experiential Learning joins InsideTrack, Roadtrip Nation, College Confidential, DXtera Institute, Education at Work, and Student Connections as affiliate members of Strada Education Network.
IU ranked No. 2 nationally for MBA online degree
The rankings came after the evaluation of nearly 1,500 distance-education programs for bachelor’s degrees, as well as graduate programs in business, engineering, criminal justice, education, nursing and others.
Panel advances bill to exempt some software from sales tax
Advocates say removing Indiana’s sales tax on many service-based software transactions would be a step in the right direction for the state’s growing tech industry.
Five-restaurant Le Peep owner changes hands
The new owners of the local company—which was launched in 1988 by Bill Eckrich as part of the national Le Peep chain—plan to renovate all the restaurants.
Emmis suffers quarterly loss on lower revenue
The Indianapolis-based media company reported a money-losing quarter as radio revenue continued to slump.
Indy Eleven confirm switch to United Soccer League
The Indy Eleven are joining the United Soccer League for the 2018 season, the team announced Wednesday, ending their four-year run in the North America Soccer League.
Former Indianapolis entrepreneur charged with fraud in real estate deal
An entrepreneur, rapper and actor who had dreams of becoming a major Indianapolis real estate developer faces charges of securities fraud, the Indiana Secretary of State’s office said Tuesday.
Will bull market continue through 2018? Financial pros weigh in
As 2018 gets under way, investors are wondering whether the good times will continue to roll. Some financial pros are optimistic, thanks to the economy’s robust growth and the anticipated stimulative effects of the GOP’s newly passed tax-reform plan.
Oregon-based maker of premixed cocktails moving to Indy, creating up to 51 jobs
Blue Marble Cocktails and Spirits is spending more than $9 million to relocate its headquarters and establish manufacturing locally. It plans to create annual capacity to produce three million, 24-can cases of its cocktails, which range from Cinnamon Toast to Bloody Mary.
Lilly Endowment doles out $80M to central Indiana social-service organizations
The grants—which range from $5 million for Bosma Enterprises to $10 million for the Villages of Indiana—will go toward creating or increasing endowments that bolster the groups’ long-term stability.
Hurco caps record year for sales, orders with robust quarter
Sales and profit at Hurco were lifted by strong demand for its products in Europe, especially Germany, France and the United Kingdom.
Simon widow donates massive estate to Songbook Foundation
The widow of Mel Simon is donating her entire 107-acre estate in Carmel to the Great American Songbook Foundation—a gift valued at more than $30 million that the foundation plans to use to help it establish a major museum in central Indiana.
New Lilly Endowment program to provide $25M to Indy arts and cultural initiatives
The competitive program will dole out grants from as little as $7,500 to as much as $10 million. The endowment stipulates that funded programs must be implemented within Marion County.
Claymon brothers sell off another mobile office business
Brent and Matthew Claymon, the entrepreneurs known for selling Pac Van Inc. for tens of millions of dollars in 2006, have sold another Indianapolis-based company that leases mobile offices and storage units.
Logistics firm on hiring spree settles into larger downtown digs
Direct Connect Logistix has left the Stutz building for more space in the Cosmopolitan on the Canal building as part of its plan to add as many as 90 workers by the end of 2020.