The Morgan County town’s best-kept entrepreneurial secret might not be a secret much longer, thanks to private equity ownership, an expanded management team, and ambitious plans to double revenue.
Regulators say the insurance industry has been annually overbilling the government by billions of dollars, and now the federal government is stepping up moves to recoup money.
Not putting all of your economic eggs in one basket has always been sound advice, and over the past couple of decades, U.S. businesses have—slowly—started to apply it. In the 1950s, U.S. exports constituted only 5% of gross domestic product. Today they’re 14%—a record high that’s still rising. Yet the rate is still far below a country like Germany, where exports account for roughly 50% of GDP.
That’s a steeper increase than any other electrical utility in the state except Indiana Michigan Power and Auburn Municipal, according to the Indiana Utility Regulatory Commission.
Based on a service that had tens of thousands of subscribers in Paris, the electric-car-sharing company predicted that by 2020 it would be profitable and have at least 15,000 members, 200 charging stations, and 500 electric cars on the road. Its latest results aren’t at all close.
The federal “opportunity zones” initiative, designed to spur investment in low-income communities nationwide, is still in its early stages—but it’s already grabbed the attention of local developers and investors. Created as part of the federal tax legislation known as the Tax Cuts and Jobs Act of 2017, the initiative offers substantial tax breaks to those […]
Indy Parks is grappling with the future of its 13 courses based on declining revenue and interest, and millions of dollars in eventual facility upgrades.
The 4,500-square-foot club, to be constructed between the 2019 and 2020 seasons as part of $8.3 million in Victory Field improvements, will be sponsored by Indianapolis-based Elements Financial Federal Credit Union.
UCLA, which plays its home games in the Rose Bowl, hasn’t won the actual Rose Bowl in 33 years, and the national No. 1 seed in college baseball hasn’t won the College World Series in this century.
The Indianapolis-based real estate investment trust saw profit shrink, but it beat Wall Street predictions with higher-than-expected funds from operations, a key industry metric.
Insurers say advances in medical care are prompting them to review more cases before deciding on coverage. They say the checks are not meant to delay or stifle care, but doctors say they worry about the growing influence insurers have over patient treatment.
Country clubs across the Indy area are in the midst of a transformation as the latest generation of breadwinners decide how they want to spend their leisure time and disposable incomes.
