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Investors wary as Elanco pins hopes on new products – Indianapolis Business Journal - Vimarsana News

Investors wary as Elanco pins hopes on new products – Indianapolis Business Journal

Shares in the animal health care company have lost more than two-thirds of their value in the past 18 months, but Elanco says a bevy of new products in its pipeline will prove an era of strong growth is yet to come.

Source: ibj.com
Feds provide $2M to study reconnecting Indy neighborhoods fragmented by inner loop – Indianapolis Business Journal - Vimarsana News

Feds provide $2M to study reconnecting Indy neighborhoods fragmented by inner loop – Indianapolis Business Journal

The original Indianapolis inner loop construction in the 1970s displaced 17,000 people and destroyed more than 8,000 businesses and homes, according to the Department of Transportation.

Source: ibj.com
Bill aims to keep state from releasing non-resident prisoners in Indianapolis – Indianapolis Business Journal - Vimarsana News

Bill aims to keep state from releasing non-resident prisoners in Indianapolis – Indianapolis Business Journal

House Bill 1087, authored by Rep. Justin Moed, D-Indianapolis, would require the Indiana Department of Correction—with some exceptions—to return offenders to the county where they lived when they were convicted.

Source: ibj.com
Crime in downtown Indianapolis: Is perception worse than reality? – Indianapolis Business Journal - Vimarsana News

Crime in downtown Indianapolis: Is perception worse than reality? – Indianapolis Business Journal

According to crime data for the Mile Square over the past three years—the only such data available that includes figures for 2022—violent incidents are down from the pandemic peak years of 2020 and 2021 in all categories except robberies, which were up 43%, from 56 to 80.

Source: ibj.com
Tale of two downtowns: $9B set to be invested in projects, even as business district struggles with recovery – Indianapolis Business Journal - Vimarsana News

Tale of two downtowns: $9B set to be invested in projects, even as business district struggles with recovery – Indianapolis Business Journal

Many parts of downtown are thriving—particularly neighborhoods, where rents are rising, people have to stand in line for a lunch table, and investments are flowing. Other parts—especially downtown’s central core, where many workers might come to the office only once or twice a week—are limping along, pockmarked by vacant storefronts, panhandlers and crumbling sidewalks.

Source: ibj.com