Infosys leaders said Indiana officials took advantage of their earlier relationship to land one of the four U.S. hubs and as many as 2,000 jobs. Indianapolis and Carmel are in the running for the hub’s short-term home.
Gone is the jersey’s subtle yet unmistakable checkered design background—a nod to the Indianapolis 500 and the team’s support squad, the Brickyard Battalion—which was popular with the team’s fan base.
The local developer’s plan for the problematic downtown property calls for 2.7 million square feet of development, including 250 apartments in the first phase, office and retail space, a hotel and public green space.
Construction on the four-story structure should start next month and will continue a campus transformation featuring more than $220 million in projects.
The decision is a likely final blow to Indianapolis-based Anthem’s bid to complete the $48 billion merger, which a lower-court judge had said should be stopped because it risked undermining competition in health-insurance markets.
Since local entrepreneur Mike Protogere bought D-A Lubricant Co. Inc. in 2002, the manufacturer of oil, grease, antifreeze and other industrial products has shifted into overdrive and punched the gas.
Mayor Mark Myers, a second-term Republican, hopes to take a page from the playbooks of Carmel and Fishers, which have drawn more residents downtown by creating a commercial and residential hub.
Health insurer Anthem Inc. threatened to raise rates for its Obamacare plans next year if the U.S. government stops funding subsidies for lower-income customers. The insurer is also considering exiting some Affordable Care Act markets altogether.
The soccer club made an eleventh-hour pitch for state aid in building a stadium during this year’s General Assembly, with most of the presentations made privately and quietly. The team’s request was not acted upon.
The Indianapolis-based health insurer, which operates Blue Cross Blue Shield plans in more than a dozen states, said earnings increased 44 percent in the first quarter and revenue climbed 11 percent, reaching $22.5 billion.
Those driving past the Indianapolis Motor Speedway in the last week, might have noticed five 600-pound ball-shaped structures towering over the 2.5-mile oval race track.
One of the area’s largest insurance agencies announced Monday that it plans to move its corporate headquarters from the northeast side of Indianapolis to Carmel next year.
With customer traffic sagging, U.S. retail landlords like Indianapolis-based Simon Property Group Inc. are using their sprawling concrete lots to host events such as carnivals, concerts and food-truck festivals.
