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.
Associated Press and IBJ Staff
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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.
UPDATE: Crean out at IU after nine seasons
Indiana University basketball coach Tom Crean compiled a 166-135 record at IU and led the Hoosiers to three Sweet 16 appearances, but was widely criticized this season after the team finished 10th in the Big Ten Conference with a 7-11 league record.
Small central Indiana town set to lose its only bank branch
Leaders of a small town east of Indianapolis are trying to find a way to keep the community's only bank open.
Jewish center closes in Indy amid bomb threats nationwide
The JCC Indianapolis closed on Monday morning after receiving a bomb threat. Dozens of Jewish community organizations around the country have been targeted with such threats in recent weeks.
Allegion reports quarterly increases in sales, profit
The Ireland-based security products company, which has its Americas region headquarters in Carmel, fell short of Wall Street expectations.
Allison Transmission results top Wall Street forecast
Allison Transmission Holdings Inc. on Monday topped analyst expectations for profit and revenue in the fourth quarter.
Simon Property tops expectations with fourth quarter results
Indianapolis-based mall giant Simon Property Group saw increasing profit, revenue, occupancy and rents in the latest period.
Pitino, Louisville rebut NCAA findings in escort scandal
The University of Louisville disputes NCAA allegations that Rick Pitino violated his responsibility as a head coach by failing to monitor former staffer Andre McGee, who allegedly hired escorts and strippers for sex parties with recruits and players.