Carmel startup uses technology developed by NASA in 1960s
Ian Hamilton launched Atlas Energy Systems LLC in 2013, repurposing the space-race technology into thermionic energy converters.
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Lawyers tangle as high-stakes Fair Finance suit nears trial
A federal judge in northern Ohio has set aside three weeks for the jury trial, which begins Feb. 24 and pits Fair Finance Co.’s bankruptcy trustee against one of Fair’s former lenders, the Fortune 500 firm Textron Inc.
Tennessee company seeks to buy 20-acre Celadon site
If other bidders emerge for the property, an auction will be held Jan. 22 at the New York City office of Celadon’s bankruptcy counsel, DLA Piper LLP.
$1.1B acquisition would give Lilly more skin in immunology game
Analysts have said that Dermira’s lead pipeline product, lebrikizumab, has the potential to be the best in class among a wave of similar antibodies to treat eczema.
U.S. adds 145,000 jobs; unemployment holds at 3.5%
A bright spot was the U-6, or underemployment rate, which fell to 6.7 percent, according to Bloomberg News. This level was lower than at any point since at least 1994.
Digital marketing firm Lev plans to add 80 jobs as it grows quickly
Lev added 92 employees in 2019, exceeding the goal of 70 new hires that it set when it announced the move of its headquarters to Indianapolis in February 2019.
UPDATE: Church buys former Marsh in Broad Ripple for $7.6M, plans Midtown campus
The sale of the 6.6-acre property included the 57,000-square-foot store on Keystone Avenue. Traders Point Christian Church plans to create an 800-seat auditorium and spaces for children and teens.
Indiana Republicans hold fast against cash shift to schools
Gov. Eric Holcomb and GOP legislators maintain that more can be done about teacher pay in 2021 when the next new two-year budget is written.
Indiana House committee weighs extending voting hours
Under the bill, precinct polling places and voting centers in Indiana would be open until 8 p.m.
Legendary golf course designer Pete Dye dies at 94
Dye—often with his wife, Alice—designed more than 20 courses in Indiana and more than 150 worldwide. Golfer Greg Norman referred to him as the “Picasso of golf architecture” who changed golf course design in the 20th century.
Proposal for $20M family center project at Broad Ripple Park advances
A city hearing examiner recused herself from ruling on a variance for a proposed 40,000-square-foot health and family center at Broad Ripple Park. The recusal automatically advances the proposal to the city’s Metropolitan Development Commission.
Indy gears up for 2022 college championship game
A contingent of 16 local officials will be in New Orleans this weekend for the College Football Playoff National Championship, as Indianapolis ramps up preparations to host the massive event in two years.
Assembly Biosciences moves HQ from Carmel to California
The eight-year-old biotech startup is developing treatments for gastrointestinal disorders, and last year hired a new CEO. It’s unclear how many employees remain in Indiana, or how much longer the company will keep a local office.
Hearing set on fight over disclosure of Indianapolis’ Amazon HQ2 bid
A not-for-profit tax policy group will make its case in court next month that the public is entitled to know the financial incentives that were offered to Amazon in the city’s unsuccessful bid to lure the firm’s multibillion-dollar secondary campus.
U.S. consumer comfort rises to 19-year high on views of economy
Confidence among Americans surged to the best level since October 2000 on brighter views of the economy and finances, adding to signs that consumers will continue to underpin a record-long expansion.
Fishers-based Eleven Fifty coding academy partners with Vincennes University
Vincennes University announced its partnership Thursday with Fishers-based Eleven Fifty Academy to develop new talent in the cybersecurity field.
Fishers Do-It Center getting name change, renovation after acquisition
Steve White, owner of White’s Ace Hardware, purchased the longtime Fishers business in December and is making big changes to the store.
High Alpha portfolio company launches with $1.5M in seed funding
Docket, a software-as-a-service firm, announced the completion of a $1.5 million seed round led by locally based Allos Ventures, with participation from High Alpha Capital, Elevate Ventures and Simon Equity Partners.
State Sen. Spartz considering run for Congress
Indiana State Sen. Victoria Spartz, R-Noblesville, announced Wednesday that she was suspending her race for another Senate term to explore a run for Congress in the 5th District, where a crowded field is hoping to replace Rep. Susan Brooks.
Lawmakers discuss potential creation of all-payer claims database
The Indiana House Public Health Committee on Wednesday discussed legislation that would create an all-payer claims database and require health care providers to give patients a “good faith” cost estimate of non-emergency procedures in advance, if requested by the patient.