University of Evansville opens Changemaker Incubator
Funding for the space came from a $20,000 Ball Venture Fund.
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Lilly funds program for religion professors
More than 160 faculty have gone through the program, which began in 1991 and has been funded by Lilly since 2002.
Calumet Specialty selling Anchor Drilling subsidiary for $84 million
Three years after acquiring Anchor Drilling Fluids USA LLC for $235 million, Indianapolis-based Calumet Specialty Products Partners is shedding the subsidiary to reduce debt and concentrate on its core business.
Insurance giant adding 400 jobs in $14M expansion in Carmel
The Boston-based insurer said it will lease 56,000 square feet in the Parkwood Crossing office complex to accommodate the expansion.
Tech industry growth boosting local office market, report says
Growth in the technology industry has become a big driver of activity in the local commercial real estate market, according to a new report by CBRE, which ranked Indianapolis fourth for tech-job increases among U.S. cities.
Andretti Autosport sued over sponsorship money from HHGregg
A group representing the unsecured creditors of HHGregg has filed suit against Andretti Autosport in an attempt to claw back nearly $1.5 million in sponsorship money the now-defunct retailer paid the racing team in the months leading up to its bankruptcy.
Mainstreet Health makes $425M acquisition, plans name change
Mainstreet Health Investments Inc., a company founded by Carmel-based Mainstreet Property Group, has reached a deal to acquire Care Investment Trust LLC, which owns 42 senior housing and care properties.
Indiana’s unemployment rate creeps up to 3.9 percent
The state’s rate has risen from 3 percent in June, when it narrowly missed a state-record low of 2.9 percent.
PROXY CORNER: Thor Industries Inc.
Elkhart-based Thor Industries Inc. is the world’s largest manufacturer of recreational vehicles.
Carson’s parent Bon-Ton planning to close 40 stores
Bon-Ton, which operates 260 department stores under several names across 24 states, has just one store in Indianapolis, but that store is the only anchor in Circle Centre mall.
EDITORIAL: Leadership void imperils mall
As the mall’s corridors decline steadily, with vacant storefronts increasing and second-tier tenants like an indoor-miniature-golf course replacing national chains, no one is stepping up publicly to champion a solution.
Vacant Hobart hospital acquired by Franciscan
The single-story, 35,000-square-foot building is on 17 acres on the southwest corner of 61st Street and Lake Park Avenue, south of the St. Mary Medical Center.
IU Health loses, recovers patient info in Muncie
The Indianapolis-based health system said Nov. 3 that it recovered the bag of paperwork within hours and began an internal investigation.
St. Vincent to open clinic inside Gleaners Food Bank
The clinic, at 3737 Waldemere Ave., will offer treatments for minor injuries and illnesses that do not require a visit to the emergency room.
UPDATE: Caesars deal could create gambling juggernaut in Indiana
If Caesars Entertainment is successful in buying Hoosier Park and Indiana Grand, it would have an interest in four of the state’s five largest casinos. The acquisition reportedly is in the works.
Calumet Specialty warned by Nasdaq for delaying quarterly report
Indianapolis-based Calumet Specialty Products Partners announced Nov. 10 that it was “in the later stages of an enterprise resource planning (ERP) system implementation,” which delayed the third-quarter report.
Pizza restaurant in Carmel closing; owners blame traffic woes
The owners of a 16-year-old pizza and sandwich eatery in Carmel say the massive U.S. 31 reconstruction project “gutted” their business, leaving them with no choice but to close.
Report: Indy not among finalists to join Major League Soccer
Sacramento, Cincinnati and Nashville are finalists to land expansion clubs, according to a report from Sports Illustrated soccer writer Grant Wahl.
Baldwin & Lyons sees quarterly increase in premiums, profit
Carmel-based insurer Baldwin & Lyons Inc. bounced back from its first money-losing quarter in almost six years by recording growth in both profit and premiums during the third quarter.