NBA fines Lakers $500,000 for tampering with Pacers’ George
The NBA is punishing the Los Angeles Lakers for violating the league’s anti-tampering rule by expressing interest in former Indiana Pacers star Paul George while he was under contract.
Associated Press and IBJ Staff
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IUPUI gives hoops coach Gardner contract extension through 2020
Jason Gardner is 37-58 in three seasons at the school. But with the 1999 Indiana Mr. Basketball Award winner in charge, the Jaguars have improved their victory total each successive season.
Auto parts firm plans Fort Wayne expansion, adding 313 workers
Android Industries provides components for the nearby General Motors truck assembly plant.
Amazon plans warehouse on former Simon shopping mall site
E-commerce giant Amazon plans to build a massive warehouse outside Cleveland on the site of a closed shopping center that was once owned by Indianapolis-based Simon Property Group. The former mall was once billed as the world’s largest.
Indiana governor to lead trade mission to Japan
Tthe trip is intended to strengthen relationships and encourage continued investment and trade with the state's largest foreign investor.
English luggage firm to relocate U.S. headquarters to Greenwood
IT Luggage is investing nearly $1.8 million to purchase and renovate a 33,000-square-foot facility.
Cummins misses expectations with earnings despite big jump in revenue
Cummins Inc. missed Wall Street expectations with its bottom line, but raised its outlook for the full-year.
Security products maker Allegion reports rising profit, revenue
The Ireland-based parent of Schlage Lock Co. LLC and Von Duprin LLC has its Americas headquarters in Carmel.
Lawsuit settlement means more refunds for motorists
The Indiana Bureau of Motor Vehicles has agreed to repay motorists more than $62 million it collected in excessive fees to settle a class-action lawsuit.
Indiana health care providers indicted as part of national crackdown on fraud
An Indianapolis-area chiropractor is among more than a dozen people in Indiana-based investigations and hundreds of people nationwide charged in health care fraud and opioid scams worth $1.3 billion.
National children’s retailer closing five Indiana stores
Children's clothing retailer Gymboree Corp. is closing 350 stores—including multiple shops in Indiana—as its works to restructure in bankruptcy. The Indianapolis area did not avoid the closure list.
UPDATE: Pacers trade George to Oklahoma City; Oladipo will come to Indiana
Reports say the Pacers will get former IU star Victor Oladipo and forward Domantas Sabonis, who will be entering his second season, in exchange for Paul George.
Greenwood officials dropping tax breaks for Monsanto project
Agribusiness giant Monsanto Co. is considering whether to go ahead with a planned seed-processing and distribution facility after Greenwood's mayor dropped his support for providing property tax breaks toward the project.
Indiana church makes plans to build $44M faith-based college dorm
An Indianapolis-based developer is working on the six-story project with St. Thomas Aquinas.
UPDATE: Groups propose extending rail line into Indianapolis
Four proposals were submitted this week to the Hoosier Heritage Port Authority for expanded service along the Nickel Plate rail line, conflicting with another plan to turn the corridor into a pedestrian trail.
Bosma Enterprises files lawsuit over VA contracting changes
Indianapolis-based Bosma Enterprises and other groups on Wednesday sued the Department of Veterans Affairs, alleging the agency ignored a long-standing law when it changed contracting rules that give jobs to the visually impaired. Bosma said it stands to lose $36 million in annual revenue.
Two local TV stations changing owners as part of $3.9B media deal
Telecommunications company Sinclair Broadcast Group is buying rival Tribune Media Co. in a deal between the nation’s two largest TV station owners. Tribune Media owns two Indianapolis TV stations.
Lilly executive Pescovitz leaving to become university president
Oakland University in suburban Detroit on Thursday announced that its board of trustees unanimously chose Ora Hirsch Pescovitz for the job after a search involving more than 60 candidates.
Holcomb vetoes public records search-fee bill
In his only veto so far this Legislative session, Indiana Gov. Eric Holcomb shot down a bill that would have allowed public agencies to charge a fee if a public records request took longer than two hours to complete.
Indianapolis-area store on teen-clothing retailer’s closure list
A teen-clothing retailer with nine Indianapolis-area stores said Monday that it plans to close about one-third of its stores nationwide. But eight local locations appear to have dodged the closure list.