Musk leads world’s richest to $1.5 trillion wealth gain in 2023
No one did better in 2023 than Elon Musk, who recaptured the title of world’s richest person from French luxury tycoon Bernard Arnault.
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2023: A look back at Indiana’s biggest tech-sector investments
Venture investing in tech firms was still sluggish in 2023 as compared to the peak activity of 2021, but a handful of Indiana-based tech companies and venture investors still got some big deals done this year.
Area home construction permit filings rise for 5th straight month
Hamilton, Johnson and Marion counties saw huge surges in single-family building permit filings in November.
Q&A: Indy Chamber’s new CEO Matt Mindrum
Matt Mindrum is a month into his new role and recently spoke with IBJ about his vision for the region’s growth, downtown vitality and his new insights into youth apprenticeships.
State Sen. Freeman to challenge IndyGo dedicated bus lanes, city’s no-turn-on-red ordinance
A state senator known for filing legislation aimed at IndyGo has introduced a measure targeting the transit agency again in 2024. IndyGo says the bill, if passed, would kill the proposed Blue Line.
Legislative push brewing to make new weight loss drugs more accessible
Obesity drugs like Wegovy and Eli Lilly’s Zepbound are showing promising results in helping people shed pounds. But a law bans Medicare from paying for weight loss drugs. Now, drugmakers and a bipartisan coalition of lawmakers are gearing up to push for that to change next year.
World population up 75 million this year, set to reach 8 billion
If the current pace continues through the end of the decade, the 2020s could be the slowest-growing decade in U.S. history.
Google settles lawsuit alleging Chrome’s ‘Incognito’ mode tracks users
Users alleged the search giant captured and tracked their data while in “Incognito” mode, a Chrome browser setting that is supposed to protect users’ privacy. The total cost to Google if it lost the case could have been in the billions.
Quieter year expected for Indiana health care bills
After several years with back-to-back, complex health care legislation, stakeholders still believe there’s work to be done while allowing for in-progress initiatives to mature.
In reversal, U.S. to heighten efforts to collect billions in unpaid COVID loans
The Biden administration plans to more aggressively pursue thousands of small businesses with past-due pandemic loans, reversing an earlier policy that saw the U.S. government stop short of trying to collect an estimated $30 billion in delinquent debt.
Charter authorizer rejects bid from Indianapolis school with rocky academic, attendance history
The Genius School in Indianapolis has lost its bid for a charter from a second authorizer.
Ten entertainment and dining debuts on deck for 2024
Broadway shows, a music festival and surrealism at the Lume are new attractions planned for Indianapolis in the new year.
Fishers surveying residents about trash collection preferences
Fishers is trying to learn if residents want the city to contract with a single trash-collection company or continue to let residents and homeowners’ associations choose who collects waste in their neighborhoods.
Companies grew more confident about initial public offerings in 2023
The signs of life shown by the IPO market, especially in the second half of the year, are giving analysts hope that more companies will be enticed to go public in 2024.
Franklin’s Canary Creek Cinemas to close after 24-year run
Canary Creek, which opened in 1999, will screen its last movies this weekend. The theater has historic ties to Franklin’s century-old Artcraft movie theater in downtown Franklin, which continues to operate.
Software companies finally made profit a priority in 2023
For much of the last decade, software companies just focused on growing as quickly as possible. That changed in 2023. Profit and operating margin became the industry’s watchwords.
U.S. initial jobless claims rise to 218,000, more than estimated
The four-week moving average, which offers a clearer picture of the trend, was little changed at 212,000 last week, the lowest since late October.
Carmel to see flurry of completed real estate projects in 2024
Multiple new developments in Carmel are set to open in the coming months, adding to the city’s lineup of real estate projects that combine residential, business and retail spaces.
Meet the new Republican lawmakers in the Indiana General Assembly
It wasn’t an election year for the Indiana General Assembly, but three resignations and the unexpected death of an Indianapolis state senator in 2023 means there will be four new Republican lawmakers at the Statehouse next year.
Mark Cuban says changing NBA landscape led to sale of Mavs to casino families
The high-profile billionaire, who graduated from Indiana University’s Kelley School of Business, will keep a 27% stake in the NBA franchise and maintain control of basketball operations.