A City-County Council member and two associates persuaded an Indiana physician to invest $1.7 million in their foundation and an ethanol-production business they said would fund it, but instead spent the money on personal luxuries, according to a federal indictment filed late Tuesday.
Vectren has locked out 270 union workers at several Indiana worksites after the union rejected a proposed three-year-contract.
A proposed $1.3 billion transit system might bring redevelopment to urban neighborhoods. Yet transit proponents have surprisingly little to say about how much the system could generate in new real estate investment.
It will never be less expensive to fix our decaying infrastructure than it is now.
The leading regions of the 21st century won’t be those that just keep adding roads to accommodate the glut of gas-chugging vehicles.
Twenty-seven percent of Hoosiers support a law allowing employees to join unionized workplaces without being forced to pay union dues. But 24 percent oppose it and 48 percent are still undecided, according to a new survey.
The Central Indiana Community Foundation and Indianapolis Cultural Trail Inc. have pulled the plug on a controversial sculpture depicting a freed slave.
The investors argue that a bankruptcy trustee’s settlement reached last month with former Marion County Prosecutor Carl Brizzi could extricate Brizzi from lawsuits they’ve filed against him.
Indianapolis Mayor Greg Ballard, Carmel Mayor Jim Brainard say more local transit options are needed despite the steep cost. A ballot referendum would be required so voters could consider a 0.3-percent income-tax increase to pay for a $1.3 billion project.
Republican leaders in the General Assembly who have backed local government reform will trade ambitious proposals they’ve pursued in years past for more moderate—and widely accepted—ideas in the next legislative session.
Valparaiso-based Investment Property Advisors wants to build an $83 million apartment project for college students on one of the last available parcels along downtown’s Central Canal.
A bidding method being used more often by the state is likely to reduce misery for motorists and merchants in the path of a highway project. Project completion time is now a major consideration in reviewing road-work bids that were traditionally evaluated almost entirely on cost.
This week, Charles Evans, president of the Federal Reserve Bank of Chicago and leading contender to replace Ben Bernanke as Fed chairman, visited Muncie to give an important speech on moving the economy past the recession.
Speculation suggests that Indiana's newest Supreme Court's justice is a likely possibility to serve as the next chief justice, one day after longtime Chief Justice Randall T. Shepard announced his retirement.
The first phase of the $22.5 million project, dubbed The Point on Fall Creek, would involve the construction of 58 apartments. Another 80 units would follow, complemented by a retail component.
State Rep. Ed DeLaney, an Indianapolis Democrat, said at a Wednesday morning press conference that he has asked the Indiana Department of Labor to convene a forum about worker safety with police, convenience store operators, Department of Labor officials and other interested parties.
A Marion Superior judge has ruled that state courts don’t have the ability to interfere with the Indiana General Assembly’s constitutional authority to pass laws or its own internal rules, including how it compels attendance or imposes fines.
Construction on the International Orangutan Center would start in August, with the opening set for Memorial Day weekend in 2014.
New rules proposed for real estate investment trusts in the United Kingdom could help Indianapolis-based Simon Property Group Inc. as it seeks to expand its shopping mall dominance outside the United States.
