Suburban school districts approve tax hikes for security reasons
Noblesville School Corp. and Clark-Pleasant Community School Corp. asked voters to approve higher property taxes to pay for more safety and security efforts in their districts.
IBJ Staff
Articles
J.D. Ford defeats incumbent state Sen. Mike Delph in district that straddles Marion, Hamilton counties
With two-thirds of precincts reporting, Ford held a 57 percent to 43 percent lead over Delph.
Mike Braun wins Indiana Senate race, ousting incumbent Joe Donnelly
Donnelly, who served one term, said he called Braun and will seek a smooth transition.
New downtown nightclub set to take over Subterra Lounge space
A new nightclub that describes itself as a “New Orleans-inspired voodoo dive bar” is set to celebrate its grand opening Saturday.
Lilly raises guidance after topping profit, revenue expectations
Lilly’s revenue in the United States rose 11 percent year-over-year, to $3.4 billion, thanks largely to rising sales of diabetes drugs Trulicity and Basgalar, cancer treatment Verzenio and psoriasis medication Taltz.
Voters head to the polls to decide Senate, congressional races
Dozens of state and local races are on the ballot as are proposals to amend the Indiana Constitution to restrict state spending and to let IPS spend more. But thousands of voters have already cast ballots.
Amazon to choose two cities instead of one for HQ2 project, newspaper says
The online retail giant plans to divide the $5 billion HQ2 project between two locations, The Wall Street Journal said, citing a person familiar with the matter. The two cities will end up with about 25,000 workers each.
Brewpub closes after seven-month run in Butler-Tarkington
A brewery and restaurant that hoped to be part of the revitalization of the south end of the Butler-Tarkington neighborhood has closed, citing “unexpected circumstances.”
Broad Ripple lands taco restaurant, tiki bar, chicken joint
All three establishments are set to open this month on Broad Ripple Avenue in former restaurant and bar spaces.
Two suburban school districts seek tax hikes for security reasons
Noblesville School Corp. and Clark-Pleasant Community School Corp. are asking voters to approve higher property taxes to pay for more safety and security efforts in their districts.
Editorial: Convention hotel plan a winner
A proposed public-private partnership to build two convention hotels with 1,400 more rooms as well as a $120 million expansion of the Indiana Convention Center will give downtown and Visit Indy a big boost.
IU experts expect economy to maintain strong pace in 2019
The U.S. economy is expected to remain strong next year, with Indiana outperforming the nation, according to the annual Business Outlook forecast released Thursday by Indiana University’s Kelley School of Business.
Cummins sees big jump in earnings, revenue in third quarter
Indiana-based Cummins Inc. on Tuesday beat expectations with its third-quarter earnings while narrowly missing revenue predictions.
Indianapolis-based Salin Bancshares to be acquired in $135M deal
Salin Bank and Trust Co.—the third-largest privately held bank in Indiana—will take on the name of its acquirer after the deal closes in early 2019.
Biofuels producer to build $160M plant in Shelbyville
South Dakota-based Poet made the announcement Friday in conjunction with President Donald Trump’s planned visit to Indianapolis on Saturday to give a speech during the annual FFA convention. In his appearance, Trump is expected to talk about the administration’s effort to help farmers by being more ethanol-friendly.
Simon Property raises outlook after solid third quarter
Simon Property Group Inc. on Thursday raised it outlook for the rest of the year after surpassing analyst expectations in a key quarterly performance category for real estate investment trusts.
Editorial: Balanced budget amendment is worthy constitutional change
Indiana has had a series of fiscally responsible administrations that have maintained strong reserves and spent them down only when faced with especially tough times. But there’s no guarantee such conscientious leadership is in the state’s future.
Residential Real Estate: Marketplace for October 26, 2018
Housing sales Active listings have continued to rise throughout the year, reaching 6,893 homes in September, roughly the same number that was on the market a year ago. But the number of homes sold slipped. Prices are up 6 percent over last year and the average days that a home stays on the market […]
Belskus stepping down as president of Indy Eleven
Jeff Belskus oversaw the team’s transition this year from the North America Soccer League to the much bigger United Soccer League, and its move to Lucas Oil Stadium for home games.
Recycling company plans $6.5M warehouse redevelopment in Irvington
A Quincy, Illinois-based company has acquired a warehouse on the east side of Indianapolis and plans to transform it into an 81,000-square-foot recycling facility.