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IBJ Staff

Citing state funding cuts, Ivy Tech cuts 200+ positions systemwide

Ivy Tech Community College will eliminate more than 200 positions at its locations across the state as school leaders grapple with significant state budget cuts, employees learned Friday.... Read More

J.M. Smucker announces plans to close Indianapolis Hostess facility

Orrville, Ohio-based J.M. Smucker Co. said the change is part of a greater consolidation effort. The Indianapolis facility manufactures Hostess-brand items, which include Twinkies, Ding Dongs, Donettes and CupCakes.... Read More

Lilly seeks to expand pain pipeline with $1B acquisition

Eli Lilly and Co. announced plans on Tuesday to acquire private biotechnology company San Francisco-based SiteOne Therapeutics Inc. in a deal worth up to $1 billion.... Read More

Colts owner Jim Irsay has died at 65

Colts owner, philanthropist and music lover Jim Irsay died in his sleep Wednesday afternoon, the Indianapolis Colts announced in a post on X. He was 65.... Read More

Local Scouting America council sells western Indiana camp

Camp Krietenstein, a 175-acre facility northwest of Poland, Indiana, was recently purchased by scouting advocates Joe and Randy Keyes in partnership with a newly formed organization, The Friends of Camp Krietenstein.... Read More

Fired IU Indy coach denies mistreating players, says he will appeal

IU Indianapolis fired men's basketball coach Paul Corsaro on Tuesday for how he treated his players. The Jaguars did not provide details of Corsaro's actions.... Read More

Plainfield-based logistics company acquired by DHL Supply Chain

Plainfield-based e-commerce logistics provider IDS Fulfillment has been acquired by DHL Supply Chain, the companies announced Tuesday.... Read More

Replica Eiffel Tower from U.S. Olympic Swimming Trials gets permanent home

The 66-foot replica of the Eiffel Tower that served as the centerpiece of Indianapolis’ Georgia Street during the 2024 U.S. Olympic Swimming Trials has been given a permanent home.... Read More

Roche picks Indiana for new plant, expanded operations as part of $50B investment

Swiss pharmaceuticals powerhouse Roche announced Monday it plans to invest $50 billion in the United States over the next five years, with a big part of the investment going toward a new manufacturing facility and expanded distribution operations in Indiana.... Read More

Report: Americans spent $71B on GLP-1 drugs in 2023

Americans spent an estimated $71.7 billion on GLP-1 drugs including Ozempic and Wegovy in 2023, a 500% increase from their spending on such drugs five years earlier, according to a research letter published earlier this month in JAMA Network Open.... Read More

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

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