IBJ Staff
Articles
EDITORIAL: Regional cooperation is bigger than an Indy commuter tax
Mayor Joe Hogsett and his team can be credible leaders on the issue if they develop a plan showing how Indianapolis infrastructure will be maintained in the long term.
Flaherty & Collins breaks ground on $41M Kansas City project
The Yards will consist of 232 market-rate apartments, ranging from studios to two-bedroom units, and 3,150 square feet of retail space.
Shopping mall jewelry giant planning to weed out hundreds of stores
Signet Jewelers Ltd., which operates at least 18 stores in the Indianapolis area and thousands nationwide, is betting that a shift online can help pull the company out of a sales slump.
UPDATE: Manufacturer SMC planning $68M expansion in Noblesville
The largest private employer in Noblesville is planning a mammoth new facility and dozens of new jobs at its North American headquarters campus.
Fieldhouse to lose Bankers Life moniker after insurer declines to renew naming deal
The 18,165-seat sports and entertainment venue known as Bankers Life Fieldhouse isn’t going anywhere, but the moniker will disappear next year.
Indiana’s unemployment rate ticks down to 3.3 percent
Private sector employment grew by 3,000 over the month and is up 24,400 over the past year, the state said.
Local attorney sentenced to six years in prison for immigration fraud
U.S. District Judge Jane E. Magnus-Stinson of the Southern District of Indiana also ordered the defendant to pay up to $750,000 in restitution to his victims.
EDITORIAL: Foreign trade trips are must-dos in today’s world
In all, international trade supported more than 812,000 jobs in 2014, a number that’s almost certainly grown. That’s more than one of every five jobs in the state. Those kinds of numbers don’t happen by chance.
New Carmel-based venture fund to invest $50M in security products, technology
The fund, launched by the security-products company Allegion Plc, plans to pursue investments globally. But a spokeswoman said, “Indianapolis' thriving tech industry makes this the perfect time and place to launch the tech-focused fund.”
Centaur Gaming celebrates tax cut by giving employees $500 bonuses
Centaur, which owns and operates Hoosier Park Racing & Casino in Anderson and Indiana Grand Racing & Casino in Shelbyville, said its 2,000 or so employees would receive the checks next week.
Pacers name new PR chief to replace retiring Bill Benner
A Fishers native and Butler University graduate has been hired to succeed senior vice president Bill Benner, a longtime fixture in the local sports community.
$1B First Financial-MainSource deal gives boost to army of advisers
Completing the transaction will be highly profitable for the investment banking firms representing the institutions.
Former stockbroker Buck to be sentenced in April
Thomas. J. Buck, a former top investment broker who was fired by the local office of Merrill Lynch in 2015 after nearly 34 years with the firm, is scheduled to be sentenced next month after pleading guilty in January to one count of securities fraud.
U.S. problem-bank list continues to shrink
The number of financial institutions on the Federal Deposit Insurance Corp.’s problem-bank list has fallen below 100 for the first time in a decade.
Biotech firm plans expansion in Franklin, 23 new jobs
Its $1.5 million investment is expected to help B2S Life Sciences more than double its staff and grow its client base, which includes contract research groups, pharmaceutical firms and biotech startups.
Software tax-exemption bill awaits governor’s signature
A bill that exempts “software as a service” from Indiana’s 7 percent sales tax is headed to the governor, who said he’ll gladly sign it.
Downtown office tower BMO Plaza sold in $70M deal
The $70 million price marks a whopping 75 percent increase over the $40 million the previous owners paid to buy the property in early 2016.
Carmel-based Splenda maker to relocate headquarters, add jobs
Heartland Food Products Group said it plans to leave its offices at Clay Terrace for a bigger headquarters within 18 months. The move would allow the firm to add about 130 employees.
Fox 59 meteorologist leaving for new gig in Florida
Fox 59 and CBS4 in Indianapolis are shopping for a new weather and traffic personality after losing one to a Fox affiliate in Tampa, Florida.