MBX Biosciences files intention to go public
The five-year-old, clinical-stage drugmaker has already raised more than $213 million to develop therapeutics to treat rare endocrine disorders, a huge amount for a startup.
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Traveling over Labor Day weekend? Have a back-up plan, and be patient.
Airports, highways, beaches and theme parks are all expected to be packed for the long holiday weekend.
Will Power in IndyCar championship fight, not even considering retirement
Although four drivers remain mathematically eligible to win the title, it’s really down to Alex Palou and Power as each is seeking a third IndyCar championship.
Indiana’s ambitious plan to boost apprenticeships ‘will be challenging,’ report says
Employer demand for workers continues to outpace Indiana’s supply of individuals looking for work, said Indiana Fiscal Policy Institute President Stephanie Wells, who authored the policy brief.
Newfields finds new CEO in Field Museum executive
Le Monte Booker, CFO of Chicago’s Field Museum, will succeed Colette Pierce Burnette in the role of Newfields CEO and president, officials announced Monday.
Lilly Endowment to give $100M grant to National Park Foundation
The park foundation described the gift on Monday as the largest grant in history benefiting the U.S.’s national parks. The money will be used to address the needs of the country’s more than 400 national park sites.
Greenwood sees surge in new restaurants, retailers
Several new eateries and retailers have either opened or are set to open in Greenwood or in the nearby area, including a pair of Asian restaurants and a Mexican eatery.
IBJ Podcast: Why is Indiana’s population growth in danger of cratering while the Indy area adds 405K people?
Meager population growth would have serious repercussions for the labor force and economy, putting pressure on officials across the state to make Indiana as appealing a place to live as possible.
Dolly Parton’s Imagination Library available to most of state, but Marion County has limited access
In 85 counties in Indiana, all children under age 5 can register to read free books delivered to their home through Dolly Parton’s Imagination Library. That’s 31 more counties than a year ago.
Diamond Sports set to continue broadcasting NBA games through upcoming season
The largest broadcaster of regional sports networks across the country will continue to televise games for more than a dozen NBA teams and nine NHL teams—including the Indiana Pacers—through their 2024-2025 season even as it moves through bankruptcy proceedings.
Kroger, Albertsons hope to merge but must face skeptical government in court first
Starting Monday, a federal district court judge in Portland, Oregon, will consider both sides and decide whether to grant the FTC’s request for a preliminary injunction.
City-County Council committee advances effort to overhaul sexual harassment policy
The proposal calls for a formal investigation into the city’s handling of sexual harassment allegations against a former top official in the Mayor’s Office, as well as overhauling the way similar claims are handled by city staff in the future.
As AES Indiana abandons coal, capacity questions arise
If all goes to schedule, the huge power plant about 125 miles southwest of Indianapolis will convert to natural gas and burn its last load of coal by the end of 2026.
Fortville business owners reeling from road construction
Broadway Street in Fortville is a mess of orange construction cones and heavy equipment, with traffic backing up at rush hour and nobody getting anywhere quickly. It’s been this way for 16 months.
Medical debt proposal draws mixed response
A national proposal to remove medical debt from consumer credit reports could have a significant impact in Indiana, where the percentage of residents with delinquent medical debt is higher than in 39 other states.
Garfield Park to embrace new music series featuring Latino artists
The Levitt VIBE Indianapolis Music Series is scheduled for seven Sunday afternoons, beginning Sept. 1.
U.S. antitrust case alleges rent collusion enabled by tech firm’s software
The lawsuit is among the Justice Department’s first major enforcement actions in which software is being alleged as the primary means of collusion.
Stadium, convention center operator anticipates big revenue jump for 2025
A large portion of the board’s new expenses are tied to major ongoing projects, including the hotel and convention center expansion project at Pan Am Plaza, as well as efforts to secure an MLS expansion club.
Rally innovation conference inspiring additional downtown events
Third-party organizations are planning about a dozen other events, from smaller conferences to happy hours, to capitalize on the momentum they expect Rally to generate.
Fed leader Powell: ‘The time has come’ for Fed to begin reducing interest rates
Federal Reserve Chair Jerome Powell emphasized that inflation, after the worst price spike in four decades inflicted pain on millions of households, appears largely under control.