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IBJ Staff

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

Developer withdraws rezoning request for proposed Pike Township data center

A Boston-based real estate developer has withdrawn a rezoning request for a property on the north side of Indianapolis where it wants to build a 20,000-square-foot data center, following widespread community pushback.... Read More

Justus Cos. opens $7.3M headquarters in Noblesville

The company's 25-member corporate team began moving into the 20,000-square-foot building on Jan. 22.... Read More

Elevance shares wobble on Trump administration plans, lower projections

Elevance's earnings release comes a day after UnitedHealth Group Inc. forecast its annual revenues will shrink this year for the first time since the 1980s,... Read More

Indy Chamber picks Citizens’ Harrison to chair board

“The Indy Chamber is where business and community come together to move central Indiana forward,” Harrison said in a statement.... Read More

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Wealth without a blueprint: The challenges of being a first-generation millionaire

Wealth without a blueprint: The challenges of being a first-generation millionaire

Making money and managing wealth are two very different things. Imagine you’ve spent 25 years working hard, saving, an...

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