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IBJ Staff

Dennis Reinbold, Indy auto dealer and racing team owner, dies at 65

Dennis J. Reinbold, an Indianapolis-area car dealer and owner of IndyCar team Dreyer & Reinbold Racing, died on Saturday, reportedly after a prolonged battle with cancer. He was 65.... Read More

Boston Scientific plans to build $138M facility, hire 300 in Plainfield

Boston Scientific Corp. plans to spend $138 million to build and equip a 500,000-square-foot medical device distribution and light-manufacturing facility in Plainfield, where it will hire up to 300 people, Indiana Gov. Mike Braun announced Wednesday.... Read More

Rosenqvist’s Indy 500 win sets another record with $4.34M payout

The Indianapolis 500 purse record was broken yet again this year, with Felix Rosenqvist earning $4.34 million from a total purse of $30.91 million.... Read More

Indiana launches artificial intelligence economic development initiative

Indiana Gov. Mike Braun on Tuesday announced the launch of a statewide initiative that will focus “on helping businesses grow, create jobs, and increase wages through the practical application of human-centered artificial intelligence.”... Read More

DPW administrator announces run for Indianapolis mayor

David Bride, an administrator with the Indianapolis Department of Public Works and a former union and local Democratic Party leader, plans to run for mayor, he said in a news release dated Monday.... Read More

Lilly acquiring Boston-based biotech in deal worth up to $7B

Indianapolis-based drug giant Eli Lilly and Co. on Monday announced an agreement to acquire Boston-based biotech firm Kelonia Therapeutics in a deal worth up to $7 billion. The announcement confirmed a Wall Street Journal report from Sunday.... Read More

Shelbyville Common Council advances plans for $2B data center complex

The Shelbyville Common Council on Monday approved multiple resolutions related to a proposed $2 billion data center complex east of the State Road 44 and Interstate 74 interchange on property straddling the city’s boundary.... Read More

FCC green lights merger of TV station rivals; local station will be divested

Nexstar, the largest owner of TV stations in the United States, won regulatory approval to buy rival Tegna on Thursday, in a $6.2 billion deal that promises to reshape the landscape for local television and news coverage.... Read More

IU’s Curt Cignetti to drive pace car at Indy 500

Cignetti’s selection was revealed during Tuesday night’s broadcast of the World Baseball Classic championship game on Fox — IndyCar’s broadcast partner.... Read More

Westfield chooses potential developer for Grand Park District ice hockey facility

The Nicholas Family of Companies, a general contractor based in Mount Prospect, Illinois, was picked to develop the multi-rink facility, pending final contract negotiations. The company has developed and operates several ice arenas in the Chicago area.... Read More

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Home buying: A family affair?

Home buying: A family affair?

The combination of higher down payments and higher monthly payments has made it much more difficult to purchase a home....

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