Holcomb plans trade trip to Saudi Arabia, Kuwait to focus on defense, other industries
It will be Holcomb’s 27th and final international economic development trip as governor, and his first visits to Kuwait and Saudi Arabia.... Read More
IBJ Staff
Penske Entertainment acquires Grand Prix of Long Beach in advance of race’s 50th anniversary
Penske said it expected “to provide significant investment” in the experience for Long Beach fans, sponsors and hospitality customers, but it did not provide details or an amount it intended to spend on the race.... Read More
Fair Oaks Farms education arm getting $2.7M to help further its mission
The Lake States Dairy Center—a nonprofit educational affiliate of Fair Oaks Farms—will receive a $2.7 million contribution from seven financial institutions to help further its mission, the organizations announced Tuesday. Farm Credit System institutions AgCountry Farm Credit Services, American AgCredit, CoBank, Compeer Financial, Farm Credit Mid-America, Farm Credit Services of America and Greenstone Farm Credit […]... Read More
Engines on 1.4M Honda vehicles might fail, so regulators open investigation
None of the models are made at Honda’s plant in Greensburg, where the Civic Hatchback, CR-V and Insight Hybrid are manufactured. More than 2,700 people work at the plant.... Read More
Indiana Fever fire coach Christie Sides after two seasons
Sides went 33-47 in her two seasons with the squad, including going 20-20 this season. The Fever made the playoffs as the sixth seed and were swept in the first round by the Connecticut Sun.... Read More
Indiana Wesleyan University plans $30M basketball arena
Construction on the 80,000-square-foot I Am Third arena is scheduled to begin Friday, with hopes of having the facility ready for games by the end of 2026.... Read More
Indiana Sports Corp. names organizing committee for 2026 Final Four
The LOC will be co-chaired by Indianapolis Deputy Mayor of Neighborhood Engagement Judith Thomas and Nate Feltman, owner and CEO of IBJ Media, which publishes Indianapolis Business Journal, Inside INdiana Business and Indiana Lawyer.... Read More
Wings exec named as new Indiana Fever GM; Lin Dunn to become adviser
Cox, who spent the past two seasons as chief operating officer of the Dallas Wings, replaces Lin Dunn, who will move into the role of senior adviser to the franchise. ... Read More
Carmel-based MBX Biosciences shares jump 48% in Nasdaq debut
Carmel-based MBX Biosciences Inc. saw it shares jump nearly 48% in its debut Friday on the Nasdaq. The five-year-old company is developing treatments for endocrine and metabolic disorders, such as hypoparathyroidism, post-bariatric hypoglycemia and obesity.... Read More
Lilly names new chief financial officer
Lucas Montarce, who has been with Lilly since 2001 and most recently served as president for its Spain, Portugal and Greece operations, is now company’s CFO and executive vice president. He also was added to the executive committee.... Read More