2025 Newsmaker: David Ricks
As of Nov. 13, Eli Lilly and Co.’s market capitalization was $967 billion and flirting with a rare $1 trillion. Its stock price in November surpassed $1,000 per share, up more than 25% for the year.
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2025 Year in Review: Colts owner Jim Irsay dies at 65, daughters take over team
Indianapolis Colts owner, philanthropist and music lover Jim Irsay died on May 21 at 65 years old, leaving full ownership of the NFL franchise to his daughters, who had all been active in the organization for years.
2025 Year in Review: Gov. Mike Braun launches audit of IEDC and related organizations
The investigation, which Braun labeled a “forensic audit,” launched in May and continued through the summer, leaving work by Elevate and other organizations in limbo and raising questions about whether the state would continue to invest in fledgling companies
2025 Year in Review: City offers developers lifeline for Gold Building but seeks new bid for City Market project
Mayor Joe Hogsett’s administration offered a lifeline in September to Indianapolis-based developers Gershman Partners and Citimark in their efforts to redevelop the Gold Building downtown, a project that has been hampered by financial challenges that nearly derailed it.
2025 Year in Review: Revenue shortfall strains budget
The final budget boosted the tax on cigarettes by $2 per pack, with similar hikes on other forms of tobacco. Those tax increases were expected to generate $850 million over the two-year budget cycle.
2025 Year in Review: Fallout from accusations against Hogsett adviser continue to plague administration
More than 18 months after accusations surfaced in the media that Joe Hogsett’s former chief of staff and campaign manager had sexually harassed three women, the fallout continues for the Indianapolis Democratic mayor and his administration.
2025 Year in Review: Christkindlmarkt drama continues in Carmel
Finkam appointed new members to the board, which approved a revised operating agreement between the nonprofit and the city. But the controversies continued.
2025 Year in Review: Nuclear company plans $4B energy park, HQ
First American Nuclear, a startup developing a fast-spectrum small modular reactor for nuclear energy, announced on Nov. 4 it is planning to invest more than
$4 billion to move its headquarters to Indiana and develop a nuclear plant and “energy park” in the state.
2025 Year in Review: Real estate stories dominate most-read headlines of 2025
Three stories about properties owned by the late Jim Irsay, who owned the Indianapolis Colts, are among the 10 most-read stories this year.
2025 Year in Review
2025NEWSMAKERS OF THE YEAR New governor takes aim at property taxes, utility rates and health care costs Gov. Mike Braun became Indiana’s fourth consecutive Republican governor when he was sworn in on Jan. 13, following GOP Govs. Eric Holcomb, Mike Pence and Mitch Daniels. But Braun’s administration has had no interest in carrying the torch […]
Ken Nunn, one of Indiana’s most prominent personal injury attorneys, dies at 85
A Jeffersonville native, Nunn built a personal injury firm based in Bloomington that has roughly 90 employees after a tough start in life that included briefly dropping out of high school and spending time in jail for theft.
Vocal redistricting supporter removed as chair of Indiana Senate Judiciary Committee
Sen. Cyndi Carrasco, an Indianapolis Republican and general counsel for the University of Indianapolis, was appointed as the new chair.
Average long-term mortgage rate ticks down
Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, rose this week.
Amid stadium search, Chicago Bears conduct testing in northwest Indiana
Reports this week say the Bears sent a team of trucks and drilling equipment to a location not far off the Indiana Toll Road to conduct site testing.
3-story condominium building planned alongside Merchants Bank HQ in Carmel
The project site also features a Merchants Bank of Indiana corporate headquarters expansion and a six-story apartment building that is nearing completion.
Unemployment claims fall again, remain at historically healthy level
However, since March, job creation has fallen to an average 35,000 a month, compared to 71,000 in the year ended in March.
Elevance to institute policy cutting hospital reimbursements if out-of-network providers involved in care
The dispute between Indianapolis-based Elevance and provider groups centers on the federal No Surprises Act, enacted in 2022, which seeks to protect patients from unexpected, expensive out-of-network medical bills.
Over one year, Medicaid paid more than $207M for dead people. A new law could help fix that.
Since 2016, the Department of Health and Human Services’ inspector general has conducted 18 audits on a selection of state programs.
Powerball’s $1.7B jackpot is 4th largest on record
A Christmas Eve Powerball drawing could add new meaning to holiday cheer as millions of players hope to cash in on the prize, which comes after months without a jackpot winner.
