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At Home Quarterly: Marketplace

March 26, 2014

Housing Sales   December 1 – February 28 IBJ.COM EXTRA For a detailed table of recent housing sales activity, click here Weekend snowstorms hampered January and February sales, but F.C. Tucker Co. President Jim Litten predicted pent-up demand will play out in coming months as will the home-building recovery, also delayed by weather.•   Most […]

1960 modern house was built for the age(s)

March 26, 2014

Restoration evokes marveling over its trappings and construction to withstand the Atomic Age.

Turner says he didn’t violate of House ethics rules

March 26, 2014

House Speaker Pro Tem Eric Turner said Wednesday he's confident the House Ethics Committee will determine he didn't break any rules.

Fifth Third combines Indiana banking regions

March 26, 2014

Fifth Third Bancorp has combined its Central Indiana and Southern Indiana units into a single affiliate. Nancy Huber, CEO of the company’s Central Indiana region since 2009, will retire May 15.

GE Aviation promises long-term commitment to state

March 26, 2014

GE Aviation chose Indiana for its $100 million plant partly because of the potential for hiring talent from and working on advanced-manufacturing research with Purdue University. The state’s business-friendly environment also played a role.

‘Architecturally significant’ Cummins HQ likely won’t scrape downtown skyline

March 26, 2014

The engine maker’s planned global distribution headquarters downtown will seem modest compared to a 28-story apartment complex slated for across Market Street, but the firm has a strong history of promoting breath-taking architecture.

Comlux America names new chief executive

March 26, 2014

Indianapolis-based Comlux America, which operates an aircraft completion and maintenance center near Indianapolis International Airport, promoted Jim Soleo to CEO, the company announced Wednesday.

Indians could be headed for all-time attendance record

March 26, 2014

With the Indianapolis Indians' season and group ticket sales up significantly this year over last, the AAA farm club's 15-year-old attendance record could be within reach. So what's the Tribe's secret to success?

Calumet to acquire drilling-fluids maker for $235 million

March 26, 2014

Calumet Specialty Products said it plans to complete its acquisition of ADF Holdings by March 31. ADF is the parent of Tulsa-based Anchor Drilling Fluids USA Inc., a leading provider of drilling-fluid solutions to the oil and gas industry.

Clock is ticking on Wigwam’s future

March 26, 2014

Organizers of an effort to save Anderson’s iconic Wigwam gymnasium are lining up accredited investors and appealing for community support through a campaign on crowdfunding site GoFundMe.com.

Cummins to build downtown office building for 400 workers

March 26, 2014

The $30 million project, which will include ground-floor retail and a parking garage, will occupy the two remaining parcels of the former Market Square Arena site.

Feds grant extra time to enroll for Obamacare

March 26, 2014

People who've started applying for health insurance but aren't able to finish before the March 31 enrollment deadline will get extra time, the Obama administration announced Tuesday.

Youth tanning measure signed into law by Pence

March 26, 2014

Minors under 16 no longer can hop into a tanning bed at Indiana salons, even with parental supervision.

Simon says court should dismiss CEO pay case

March 26, 2014

Simon Property Group told a Delaware judge on Tuesday that an investor lawsuit over David Simon’s huge pay package should be thrown out now that the company has rewritten the compensation plan.

UPDATE: Opera confirms cancellation, ‘challenges’

March 26, 2014

Confirming an earlier IBJ report, Indianapolis Opera officials said they didn’t want to risk the possible financial strain of a fourth and final production of the season.

WellPoint sees double-digit rate rise for Obamacare in 2015

March 25, 2014

Two months before health insurers must submit rate proposals for 2015 to government regulators, WellPoint Inc. fired a surprising shot across their bow.

Colts owner Irsay’s court hearing delayed

March 25, 2014

The Hamilton County Prosecutor's Office issued a statement Tuesday saying the hearing was postponed "unless or until" formal charges are filed against him.

Software firm TinderBox lands $3M VC investment

March 25, 2014

Indianapolis software developer TinderBox Inc. plans to fuel product development and build up its sales and marketing teams after receiving $3 million in venture capital.

GE Aviation plans $92M investment, 200 jobs in first Indiana plant

March 25, 2014

The jet engine plant in Lafayette would be its first production facility in Indiana, and could expand to add hundreds of additional workers.

Indy Opera planning to cut final show, sources say

March 25, 2014

The Indianapolis Opera plans to cancel the fourth and final show of its season amid ongoing financial issues, multiple sources close to the organization said Tuesday morning.

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