Indianapolis Zoo ready to reopen ride that stranded riders
A ride that carries Indianapolis Zoo visitors along an elevated track above the orangutan exhibit is scheduled to reopen after being closed for almost a year.
Associated Press
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Purdue University launches program to combat student debt
Students who opt to participate in the program, called "Back-a-Boiler," enter into income-share agreements rather than taking out a traditional college loan.
Irsay buys Prince’s Yellow Cloud guitar at auction
The Indianapolis Colts owner paid $137,500 for a guitar that Prince used in numerous concerts until the mid-1990s.
Indiana gets more than $600,000 in federal housing grants
The money will be used to make repairs and improvements to public housing units, as well as providing housing counseling to struggling consumers.
Markets plunge as Britain decides to exit European Union
The vote in favor of a “Brexit” has shocked investors and sent stock markets plummeting around the world. Years of financial uncertainty lay ahead on a global scale as the U.K. and EU find their footing.
Markets, bettors put money on Britain staying in EU
The momentum appears to favor those who wish to remain in the European Union. The betting market Betfair said the probability that the country will stay stands at 86 percent. Optimism in financial markets also points in that direction.
Applications for U.S. jobless aid fall, in sign hiring could improve
Fewer people sought U.S. unemployment benefits last week, the Labor Department said Thursday, evidence that employers are holding onto their staffs and may even step up hiring.
For-profit college watchdog fighting to stay alive
The Accrediting Council for Independent Colleges and Schools, a group that oversees about 900 campuses, is under scrutiny for lax oversight of its schools.
House Republicans offering proposals for health care changes
House Republicans are unveiling new proposals to repeal and replace President Barack Obama's health care law, as Speaker Paul Ryan seeks to showcase a GOP governing agenda amid the tumult of the presidential campaign.
Homes selling at strongest pace nationally since 2007
Americans snapped up houses in May almost as soon as properties were listed, fueling the strongest sales rate in nearly a decade.
Lots of unknowns keeping Federal Reserve cautious about rates
Federal Reserve Chairwoman Janet Yellen said Tuesday that the U.S. economy faces numerous uncertainties that compel the Fed to proceed cautiously in raising interest rates.
Lawmaker DeLaney plans tougher gun-control legislation
State Rep. Ed DeLaney of Indianapolis criticized Indiana’s “very, very limited” gun laws and said he wants to introduce bills that would ban large ammunition clips and “automatic military-type” weapons.
Trump adds Hoosier political consultant to campaign staff
Kevin Kellems, who served as communications director for former Vice President Dick Cheney and advised Sen. Dan Coats and former Sen. Dick Lugar, joined the campaign earlier this month, a source close to the move told IBJ.
Ten years after housing’s peak, U.S. more of a renter nation
Renters accounted for all of the 8 million-plus net households the United States added in the past decade. Home ownership has dipped to 63.5 percent, near a 48-year low.
Report: Big Ten getting $2.6 billion in new media deal
ESPN is reportedly set to pay close to $200 million per year for the secondary media rights of the Big Ten Conference, according to a Monday morning report by Sports Business Journal.
Concerns raised over Indiana plan to adopt coal ash rules
The Indiana Department of Environmental Management is taking public comments through June 30 on its draft plan for adopting the new rules.
Subaru of Indiana recruits soldiers from Kentucky
An Indiana auto assembly plant and economic development officials have turned to Fort Campbell, Kentucky, to find employees.
Former Ritz aide hired by DOE subcontractor
Watchdogs say it’s another example of Indiana’s weak ethics laws, which were exposed in recent years by high-profile cases involving the former state superintendent and other officials.
Regulators test emissions at Kokomo glass company
The Indiana Department of Environmental Management has begun testing around Kokomo Opalescent Glass to determine if the art-glass manufacturer is emitting hazardous amounts of potentially toxic materials.
$10M solar farm approved for ex-steel plant site in Kokomo
The solar farm will go on a portion of a former Continental Steel plant, which underwent a federal project costing more than $40 million to demolish the factory and remove tons of lead- and PCB-contaminated waste.