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Walgreens to close 1,200 stores as chain attempts to steady operations
Walgreens said Tuesday that its net loss swelled to more than $3 billion in the final quarter of the year, dragged down by U.S. retail and pharmacy sales.
With long slate of local projects, construction firm Skender moves offices to fit growing workforce
Skender’s focus on health care, office and municipal projects has reaped millions of square feet of work for the firm in central Indiana since opening its first local office in 2020.
Indiana Wesleyan University plans $30M basketball arena
Construction on the 80,000-square-foot arena is scheduled to begin Friday, with hopes of having the facility ready for games by the end of 2026.
Hailie Deegan moving from NASCAR to IndyCar
The 23-year-old has spent the last four years in NASCAR competing in both the Truck Series and the Xfinity Series. She’s never won at NASCAR’s national level.
WNBA, players’ union closing in on opt-out date for collective bargaining agreement
If the union does opt out, the current CBA, which was set to expire in 2027, will still be in effect next season, so the two sides have a year to come to an agreement.
Alzheimer’s patients and their families hear a new word: Progress
Two new drugs—including one from Indianapolis-based Eli Lilly—and better detection methods offer promise for people dealing with the disease.
Ex-Indiana sheriff Noel sentenced to 15 years in prison as part of plea deal
Jamey Noel was originally charged with 31 felonies for allegedly misusing money from the fire and EMS departments that he oversaw. He pleaded guilty to 27 of those charges in August.
Stellantis CEO says carmaker on pace to fix sales problems after poor performance this year
CEO Carlos Tavares said the company is in a “Darwinian period,” and nothing is off the table including plant closures or shutting down brands.
Ascension St. Vincent set to open new $200M Women and Infants Hospital
Ascension St. Vincent provided a sneak peak Monday of its Women and Infants Hospital, a $200 million project with 30 maternity suites and 109 neonatal intensive care unit rooms.
State bar association looks at limited legal licensing for non-attorneys
The Indiana State Bar Association has been taking a closer look at addressing the state’s attorney shortage, including the possibility of allowing some specially-trained non-attorneys to do some legal work.
Indiana-based Do It Best inks agreement to acquire True Value assets
Chicago-based True Value, which has hardware stores throughout Indiana, on Monday began voluntary Chapter 11 bankruptcy proceedings, with the goal of selling its business operations to Do It Best Corp.
Pacers, 13 other NBA teams hit with lawsuits alleging unauthorized use of music
The complaint against the Pacers cites the alleged unauthorized use of only one song, “Mmm Yeah,” recorded by Austin Mahone and featuring Pitbull.
Central Indiana existing-home sales rise for third time in past six months
Declining mortgage rates and more inventory led to a positive month for existing-home sales in central Indiana in September, according to the latest data from the MIBOR Realtor Association.
IBJ Podcast: What’s the potential impact of Lilly’s $4.5B ‘medicine foundry’ in Lebanon?
Lilly wants to know how to improve new medicines and speed them to market more quickly. The project promises hundreds of high-paying jobs and could help lift Lilly among a handful of the most valuable companies in America.
Retailers, shoppers embracing earlier starts for holiday shopping
In response to growing customer demand, stores of all stripes have thrown the official retail calendar out the window. pushing Halloween costumes in July and rolling out Christmas merchandise in September.
At debate, Indiana attorney general candidates spar over abortion, immigration
The fiery 20-minute debate between incumbent Republican Todd Rokita and Democrat Destiny Wells also focused on the role of the Attorney General’s Office.
Boeing to lay off 10% of employees as strike by factory workers cripples production
About 33,000 union machinists have been on strike since Sept. 14. Two days of talks this week failed to produce a deal.
Glut of development creates challenges in finding subcontractors
While contractors have so far been able to keep up, the strain could get worse next year and beyond.
Made in Indiana: Barbecue sauces by JohnTom’s Barbecue
Products: JohnTom’s barbecue sauces are available in four varieties: Original, Sneaky Hot, Hoosier Heat and Peppered Gold, all made and bottled in Indianapolis. Sauce origins: JohnTom’s is named after John Tom Branson, who grew up in Mississippi and moved to Indiana in the 1940s. Branson became well-known around Muncie for his wood-smoked meats and for his homemade barbecue […]