The IBJ Podcast with Mason King

The IBJ Podcast with Mason King

A weekly take on business news in central Indiana from the Indianapolis Business Journal. The IBJ Podcast is brought to you by Taft.

Episodes

August 31, 2025 44 mins
Home ownership is viewed in many circles as a standard rite of passage for young adults. It indicates a certain financial wherewithal and the understanding that buying a home is an early key to building wealth. It’s supposed to be one of your most important investments. It’s the prime ingredient in what we consider the American Dream. And to be frank, if you are in your 30s or 40s and you don’t own a home, you’re very likely to get...
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Cindy Schum grew up in a troubled family situation and, as she describes herself today, was terribly shy and awkward. Still, she found ways to put herself in situations that could help her be more outgoing. She was great at working with numbers, and she gravitated to a career in commercial lending that put her in front of business owners who loved to talk about how they made things work. She picked a heck of a time to jump from ba...
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Karmen Johnson certainly had the trappings of traditional success in her mid-20s: the corporate job in finance, the new house and a wedding in the works. Then she took a hard left turn in the early 2020s and transformed working from home to working and living on the road. She got a taste for what folks call van life—outfitting a truck, bus or van as a mobile home and traveling the country for months at a time. She persuaded her e...
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You might already be familiar with filling out the FAFSA form, or you might only know it by reputation. That reputation is somewhere between filing your annual income taxes and running an Ironman triathalon. Revisions, technology issues and widespread confusion over the availability of the form over the past two years might make it seem even more sinister.Let’s back up. What is the FAFSA? If you have a child finishing high school t...
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In this episode of the IBJ Podcast, USA Today columnist and sports broadcasting veteran Christine Brennan speaks with IBJ's Mickey Shuey about "On Her Game," her bestselling unauthorized biography of Indiana Fever’s star Caitlyn Clark. Brennan explains how a chance encounter at the Olympic swimming trials led to a whirlwind book deal, and why Clark’s impact on attendance, viewership and cultural visibility is unlike anything women’...
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Natalie van Dongen grew up in a small farming community outside a modest city in central Illinois. She spent most of her youth either in school or in the woods by her home. Approaching high school graduation, she wanted to study theater in college and definitely didn’t want to go to Butler University, where both of her parents graduated. But that’s where she eventually chose to go. Two weeks ago, she became the Hogsett administrat...
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Host Mickey Shuey unpacks the high-stakes arrival of the 2025 WNBA All-Star Weekend in Indianapolis—and explores what it means that the league's biggest star, Caitlin Clark, is sidelined. With thousands descending upon the Circle City. Featuring interviews with WNBA Chief Growth Officer Colie Edison, USA Today columnist Christine Brennan, sports marketer Ken Ungar, and leaders from Visit Indy, Indiana Sports Corp., and Pacers Sport...
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We’ve hit a head-spinning milestone in the history and development of women’s basketball in Indiana. This week, Indianapolis is hosting the WNBA All-Star Game and all of its related festivities, coming amid an unprecedented surge in popularity for women’s basketball. The top vote-getter for the game is Caitin Clark of the Indiana Fever—a team that now sells out an 18,000-seat arena for nearly every game. The international media is ...
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Independent bookstores have been on the retail death watch for a few decades now. But, as one American author might put it, reports of their impending demise have been greatly exaggerated. For many, the recipe for success is local ownership, strict attention to local needs and concerns and calendars packed with special events to help create a sense of community. This is what Tiffany Phillips has found over nine years as founder and...
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Coming after the baby boomers, Generation X is often referred to as “the forgotten generation,” the self-reliant generation and perhaps the last free-range generation. Today, you certainly could argue that it's  becoming the financial-panic generation. The first Gen Xers hit the workforce right around the time pensions gave way to 401(k) accounts with self-directed invested assets. Recent studies indicate that Gen Xers who have re...
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Nearly one year ago—July 1, 2024—the urban university in downtown Indianapolis known as IUPUI—or Indiana University-Purdue University at Indianapolis—officially split into two separate campuses. This created Indiana University Indianapolis, a standalone campus in the IU system, and Purdue University in Indianapolis, which is considered an extension of Purdue’s main campus in West Lafayette. IU Indianapolis took the vast majority o...
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Indianapolis-based housing developer Onyx + East recently scored a three-peat on IBJ’s annual list of fast-growing companies—all of which were on the watch of CEO Kelli Lawrence. She took the top job in 2019, when its annual revenue was about $19 million. By 2024, its annual revenue had climbed to $90 million—a nearly 375% increase over five years.   Founded in 2015 as an offshoot of Indianapolis-based apartment developer Milhaus...
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Doug Boles already had his dream job as president of Indianapolis Motor Speedway since 2013. Then Roger Penske, owner of both IMS and the IndyCar Series, asked him to be president of IndyCar following the departure of Jay Frye in February. The pitch: Boles would retain his first job while also taking on the second. “It wasn’t something that I expected,” Boles says in this week’s edition of the IBJ Podcast. “When Roger Penske calls ...
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With an estimated value of $4.8 billion, the Indianapolis Colts franchise is arguably the best-known family-owned business in Indiana. While we reflect on the passing of team owner Jim Irsay, who had significant influence on building the physical plant and identity of modern Indianapolis, we have the luxury of knowing that three more Irsays are in a position to continue that work and stewardship of the team. Daughters Carlie Irsay-...
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The week between qualifying for the Indianapolis 500 and the actual race is usually pretty quiet from a news perspective. But there’s nothing usual about the last week in this year’s Month of May. Major penalties assessed to two cars owned by Team Penske—including the car driven by two-time defending champion Josef Newgarden—inflamed long-running concerns about Roger Penske’s ownership of both the IndyCar Series and arguably its mo...
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You may have become so used to them that you no longer notice, but snaking through downtown Indianapolis’ northwest quadrant are the remains of a revolutionary public transit system that transported riders on elevated tracks 30-feet high. It was called the People Mover, developed for $44 million by Clarian Health Partners, the hospital system now known as Indiana University Health. From its launch in 2003 to 2019, it recorded rough...
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These are uncertain times for the U.S. economy. We’re in a grace period for many of the Trump administration’s promised tariffs on dozens of trading partners. U.S. consumer confidence plunged again in April, hitting its lowest level since October 2011. First-quarter gross domestic product for the U.S. hit negative territory for the first time since the first quarter of 2022. On May 7, the Federal Reserve again opted to hold intere...
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In the early hours of Friday, April 25, Indiana legislators passed a $46.2 billion budget for state expenses over the next two years—specifically, from July 1, 2025, to June 30, 2027. Legislators knew going in that state revenue to fund the budget would be tight, and they got a nasty revenue forecast with about a week to go in the session. The last week of a budget-writing session is usually pretty hectic, and this one had plenty o...
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Any day now, a federal judge is expected to give final approval to a $2.8 billion settlement of three antitrust lawsuits that could dramatically alter the landscape of college sports. And given the tumult since the creation of the transfer portal and name, image and likeness opportunities for athletes, that’s saying something. In addition to awarding damages to athletes over the last decade who lost out on NIL opportunities, the se...
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Comparing company employees to a sports team is a well-worn management trope, but Kelley Gay knows as well as anyone the value of translating the experience of a championship-level athlete to the corporate world. She graduated from one of the most lauded team cultures in the history of college athletics: the University of Connecticut’s women’s basketball program. In 1995, Gay played forward on UConn’s first women’s national champio...
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