General Growth Properties Inc. plans to back a revised bankruptcy exit plan proposed by Brookfield Asset Management Inc. over
a competing offer by Simon Property Group Inc.
The parent company of Steak n Shake restaurants is angling to acquire a huge stake in the Advance Auto Parts chain.
Some retail tenants of outlet malls are concerned about Simon gaining too much market power should its acquisition of Prime
Outlets be approved.
Anthem Blue Cross withdrew plans to raise health insurance rates for Californians by as much as 39 percent after an independent
audit determined the company’s justification for raising premiums was based on flawed data.
The turmoil that now engulfs Junior Achievement of Central Indiana likely was spawned by questions that arose in 2008 about
the handling of a scholarship fund worth about $200,000.
Federal aviation officials want to fine Chautauqua Airlines $348,000 for allegedly flying regional jets thousands of times
without performing required safety inspections.
Indiana's air, land and water are significantly cleaner than they were at the start of the environmental movement
40 years ago, but the state still has work to catch up with other states, according to activists.
The waterworks board’s plan to hire outside consultants to study the proposed sale of Indianapolis Water could delay the deal.
Cost of proposed EPA ozone limit would far outweigh any potential health benefits, Indiana Department of Environmental Management
commissioner says.
Simon Property Group Inc. added four backers to its proposal to help rival mall owner General Growth Properties Inc. emerge
from bankruptcy, increasing the plan’s total investment by $1.1 billion.
Thirteen years after Mayor Jim Brainard first described his vision for a new downtown along Range Line Road, Carmel City Center
is starting to look like a city.
Melvin Simon’s daughter Deborah is lashing out at her stepmother Bren in a new court filing, saying she was “mentally
and verbally abusive” toward the billionaire late in his life and kept him isolated from friends and family.
Vacations are evolving into a “human right” in the European Union. So, you guessed it, subsidies are next. But
an IU prof who’s a native of France isn’t sure it’s a good idea.
Insurers like WellPoint Inc. should be required to get U.S. approval to increase premiums, Sens. Diane Feinstein and Tom Harkin
say.
The Indiana Arts Commission revamped the way it allocates money out of concern about future state budget cuts, which would
further reduce grants available to arts organizations.
Superintendent of Public Instruction Tony Bennett invites heads of teachers unions to meeting to publicly share reform ideas instead of “bureaucratic rhetoric and no
specifics.”
The proposed plan will expand the Indiana National Guard's Camp Atterbury, bring economic development to south-central
Indiana, and open a new fish and wildlife area in Putnam County in western Indiana.
Shares of ITT Educational Services rose 9.6 percent Tuesday, their biggest gain in seven months.
Unsatisfied with the Hoosier Park owner’s reorganization plan, hedge funds represented by Wells Fargo Bank petition for conversion
of Chapter 11 bankruptcy into Chapter 7.
A U.S. mandate forcing insurers led by UnitedHealth Group Inc. and WellPoint Inc. to spend 85 percent of revenue from premiums
on medical care is the newest front in the battle between the Obama administration and companies over industry profits.
