Rafael Sanchez, who took over in June as CEO of Indianapolis Power & Light Co., is a decidedly nontraditional pick to lead a company facing big challenges and difficult choices.
Joella’s Hot Chicken, a Louisville-based restaurant chain with four locations in Kentucky, is planning to open an Indianapolis eatery and bar in mid-September, it announced Monday.
The Indianapolis financier convicted of operating a Ponzi scheme failed to persuade a federal judge to dismiss the government’s civil action against him and other convicted accomplices.
For the third time in a decade, CEO Jeff Smulyan is making an offer for the outstanding shares of Emmis Communications Corp., which runs radio stations and magazines in Indianapolis and major U.S. markets.
Emmis CEO Jeff Smulyan, who rolled out a buyout offer for the company this month, says its investments in NextRadio and Digonex are years away from paying off.
The bill would affect more than 30,000 retired union miners in West Virginia, and tens of thousands more in Pennsylvania, Kentucky, Ohio, Illinois, Indiana, Virginia and Alabama.
At the new event, more than 7,000 Marion County eighth-graders will get hands-on experience in eight job sectors, aided by some 3,000 volunteers from more than 100 companies.
An appeals court ruling has cleared the way for Fair Finance Co.'s bankruptcy trustee to revive a lawsuit against one of the company's lenders,a Fortune 500 company with extensive resources. The trustee was able to extract a $35 million settlement from another one of the company's lenders.
Public schools—including traditional, district-run schools and charters—are employing ever-more sophisticated advertising and marketing campaigns in an effort to meet enrollment targets by the time the official state count day rolls around.
Leon Tailoring has been making suits for the most important people in Indianapolis since 1905. But third-generation owners Larry Ettinger and his brother, Norman, won’t name names. They will talk about clothes though—and how much it costs to get a custom suit.
The council’s three-person finance committee voted Monday night to send a proposed salary ordinance back to the full council with the recommendation that increases for all elected officials be reduced to 2 percent.
Indiana University Kelley School of Business economists expect economic growth nationally next year to average only slightly above 2 percent. But that might be optimistic, they added.
After his 60th season with the Indianapolis Indians, Max Schumacher has relinquished his roles as chairman and president. Two current executives with the Triple-A ballclub are moving up to fill his shoes.
Heading a team of more than 120 associates, Mark Denien has raised $2.1 billion in new capital in the last 18 months while retiring $830 million in bonds and leading a reduction in debt of more than $1.4 billion.
Rick D. Snow—who was convicted in 2012 of helping Tim Durham and Jim Cochran loot Fair Finance Co. but didn’t raid the company’s coffers himself—is seeking to get his 10-year sentence reduced.
Three former presidents of the city’s Capital Improvement Board—Pat Early, Bob Grand and Ann Lathrop—are fighting an effort by attorneys for the IRS to depose them about what they learned about the Indiana Pacers' finances during discussions with the team.
