Liquor store chain wants to intervene in lawsuit
Attorneys for 21st Amendment have filed a motion to intervene in the suit filed by the Indiana Petroleum Marketers and Convenience Store Association and several store owners.
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Dispute over Uptown Business Center in SoBro gets messier
The dispute started in October when the lender tried to take possession of the building at the southwest corner of 49th Street and College Avenue. Now the owner has filed Chapter 11 to delay foreclosure proceedings.
Holiday World family takes dispute to Indiana appeals court
An agreement meant to keep a popular amusement park in the family has sparked a bitter dispute that has reached the Indiana Court of Appeals.
Calumet Specialty shares fall after plunge in earnings
Shares of Calumet Specialty Products Partners LP dropped as much as 8 percent early Wednesday after the Indianapolis-based company reported a dramatic decline in profit in the second quarter.
Four teams bidding for I-69 financing, construction
The state hopes to start converting the 21-mile stretch of interstate early next year. The project is estimated to cost $394 million.
Remy International stock hits 52-week high
Shares of Pendleton-based Remy International Inc. closed at a 52-week high Tuesday, a day after the manufacturer announced declining sales and earnings in the second quarter.
Electric kart racing operator speeding into Noblesville
California-based K1 Speed Inc. hopes to open a high-tech electric kart-racing center in Noblesville in late September. But first, it needs the city’s permission to locate an indoor recreation business in the Saxony Corporate Campus near I-69.
CEO leaves Defender Direct; founder retakes top spot
Marcia Barnes, who took over as CEO of one of the state's largest private companies 15 months ago, has left the firm.
Indiana testing vendor having troubles in Oklahoma, too
CTB/McGraw-Hill, the second-largest educational testing service in the U.S., has apologized for computer issues that disrupted thousands of students’ online tests in Oklahoma and Indiana in late April.
Cook to unleash wave of ear, nose, throat products
Bloomington-based Cook Medical Inc. recently launched two new products and expects to launch eight to 10 more over the next year.
DePauw repeats as party school
The Princeton Review has released its annual list of top party schools, and DePauw University again finds itself in the top 20. The Greencastle school landed at No. 13 after ranking 12th last year. DePauw was the only university in Indiana on the list. The University of Iowa ranked No. 1. DePauw spokesman Ken Owen said the ranking is "both absurd and disappointing."
Stewart breaks leg in crash
Three-time NASCAR champion and Indiana native Tony Stewart is recovering in an Iowa hospital after breaking his leg. Stewart, 42, was competing in a sprint car race Monday night at the Southern Iowa Speedway in Oskaloosa when he crashed. He suffered a broken right tibia and fibula, and underwent surgery. Stewart will miss this week’s NASCAR Sprint Cup race at Watkins Glen, N.Y., where he has won five times.
Indy cop charged with drunken driving
An Indianapolis police officer was arrested early Tuesday morning on a drunken-driving charge. Morgan County police say Kevin Brown, 41, was pulled over in Mooresville about 5:30 a.m. His blood-alcohol level tested at 0.10. Brown was released about four hours later after posting bail.
Tony Stewart risking his business enterprise with reckless decisions
It’s time Tony Stewart gets a reality check. And it’s probably time for one of his business associates or friends to give it to him.
Allison stock slips after owners reveal plan to sell shares
The primary investors in Allison Transmission Holdings Inc. are looking to lock in profits by unloading 16.6 million shares of the company for more than $350 million.
Roundup: Graeter’s selects Butler-Tarkington location
The latest Retail Roundup reports that the popular Graeter’s ice cream chain is taking space at 56th and Illinois streets, while Mo’s … A Place For Steaks undergoes a name change.
Massive job cuts in Indiana help Swiss firm turn profit
OC Oerlikon Corp. interim CEO Juerg Fedier said margins are improving in the Fairfield Drive Systems division in Lafayette after the Swiss manufacturer cut nearly 500 jobs in the second quarter.
Leader of recycling group to step down in November
Carey Hamilton is moving on after five years leading the Indiana Recycling Coalition.
Slumping Caterpillar to lay off 125 workers in Lafayette
Caterpillar in July announced a 43-percent drop in earnings and cut its outlook for the rest of the year because of a downturn in the global mining industry.
Carmel council releases (most) arts grants
Finally satisfied that Carmel will end the year in the black, its City Council on Monday released more than $500,000 in arts funding that’s been on hold since April. But an increasingly hawkish majority held back another $200,000 earmarked for the Civic Theatre.