State jobless rate ticks down as private-sector employment rises
Private sector employment in Indiana grew by 6,800 in June over the previous month and is up more than 37,000 over the year, the state said.
IBJ Staff
Articles
Report: Newspaper chains Gannett, GateHouse in ‘advanced’ merger talks
The Wall Street Journal reports that a deal could be announced in the coming weeks. Gannett owns The Indianapolis Star and a number of smaller Indiana newspapers.
Julian Center losing CEO to retirement at end of year
Catherine O’Connor, CEO of the Julian Center since March 2014, plans to retire at the end of the year, the domestic-violence shelter and services provider announced Thursday.
Roundabouts planned for five Noblesville intersections
The five infrastructure projects along State Roads 32 and 38, plus other road improvements, will cost $16 million and take place in two phases.
Council easily passes mayor’s $580K strategy to fight food insecurity
The Indianapolis City-County Council on Monday voted 20-4 to approve Mayor Joe Hogsett’s plan to “test strategies” to combat food insecurity in Indianapolis.
Tire maker plans 350,000-square-foot distribution center in Whitestown
Maxxis International has several original-equipment supply contracts with Midwest auto assemblers, including Subaru of Indiana.
Square Donuts shops in Indianapolis area shut down
More than half of the Square Donuts shops in Indiana—including two locations in Indianapolis and one in Carmel—have closed because of contract issues, the owner of the parent company confirmed Monday.
Hillenbrand to acquire Cincinnati-based manufacturer in $2B deal
Indiana-based industrial equipment and casket maker Hillenbrand Inc. has agreed to acquire plastics-processing equipment maker Milacron Holdings Corp., the companies announced Friday morning.
State reports increase in public college completion rates
College completion rates are on the rise at public universities in Indiana and so is the percentage of students who are graduating on time, the Indiana Commission for Higher Education announced Thursday.
Lilly losing two senior executives, including Bio-Medicines chief
Lilly shares dropped 4.6 percent in early trading after the company said Christi Shaw was leaving and Mike Harrington planned to retire.
Editorial: Fiasco over virtual charter schools raises big oversight questions
With freedom and choice comes responsibility. And so as Indiana has expanded the types of schools that students and their families can attend on the state’s dime—from traditional public schools to specialty schools called charters to even private and religious schools—so too has it created new obligations for those involved in the system.
Cultural Trail raises enough money to keep Ann Dancing
Indianapolis Cultural Trail Inc. officials announced Wednesday that they’ve raised enough money to keep a popular electronic piece of public art in operation for years to come.
Storage company to add location
Indianapolis-based Commercial Self Storage is in growth mode, with plans to expand its Castleton facility and open a site in Noblesville in the next several months.
Glick honored for north-side project
Indianapolis-based developer Gene B. Glick Co. was recognized in late June by the National Apartment Association for a project near Keystone at the Crossing.
Elanco in merger talks with pharmaceutical giant Bayer, sources say
The multibillion-dollar merger would combine Elanco, the fourth-largest global player in animal health, with Bayer’s pet-health division, which ranks fifth in veterinary medicine, Reuters reported. The combination would create a dominant force in the industry.
Downtown steakhouse closes; owners plan conversion to event venue
For the second time in less than three years, restaurateur Gary Brackett is forming a new business strategy for the downtown space he leases at 14 E. Washington St.
Editorial: Voters in Hamilton County deserve choices from both parties
We don’t expect Hamilton County to become a hotbed of liberalism. Nothing in the county’s past or present suggests that could or should happen. But Democrats should be able to offer legitimate alternatives to the dominant party.
IBE business conference event schedule
All business conference events are free; however, seating is limited, so online registration is recommended.
Marian University names new dean for school of business
Greg Rawski is replacing the retiring Russ Kershaw, who has led Marian’s business school since 2010.