Speedway state funding plan approved by lawmakers
The Indianapolis Motor Speedway could get $100 million in state assistance for planned improvements under a plan approved by Indiana legislators.
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Indiana Legislature passes $30 billion budget
Lawmakers worked feverishly into the wee hours to hammer out agreements on the budget and other issues, including an expansion of the state's school voucher program and changes to sentencing laws.
Anti-smoking officials say Indiana funding cuts hurt
A decision to cut state funding by 38 percent for programs that help people stop smoking and try to prevent others from starting worries those behind the state's tobacco cessation efforts.
Indiana casinos win few gains from Legislature
The Indiana Legislature didn’t boost the state's casinos nearly as much as supporters had wanted as they face greater competition from neighboring states.
Voucher expansion awaits governor’s signature
Indiana lawmakers have approved an expansion of the nation's broadest private school voucher program that will allow more children to be immediately eligible.
Online sales tax push dies in Indiana Legislature
An effort to require Amazon.com and some other online-only retailers to start collecting Indiana's 7-percent sales tax this summer has fallen short in the Legislature.
Bill banning secret videotaping at businesses fails
Rep. Bill Friend, R-Macy, said he withdrew the bill he sponsored at the request of Republican House Speaker Brian Bosma.
General Assembly goes late in effort to wrap us session
The Indiana General Assembly worked into the night Friday to hammer out final details on a two-year, $30 billion budget containing new tax cuts, a modest expansion of school vouchers, new oversight of the $2.8 billion Rockport coal gasification project and a series of other measures.
Stocks head lower on tepid U.S. economic growth
Several companies, including Amazon.com, released weak earnings Friday and the government reported that the U.S. economy expanded at a slower rate in the first quarter than economists were expecting.
Brown County remains identified
A southern Indiana coroner says skeletal remains found at a remote site in Brown County are those of a 26-year-old local woman who vanished two years ago. Brown County Deputy Coroner Earl Piper said that an Indianapolis forensic dentist and anthropologist who examined the remains confirmed they are those of Kate McGrayel, who was reported missing by relatives in April 2010. Two mushroom hunters found the remains in the 2500 block of Wise Hollow Road earlier this month. An official cause of death is expected to be released next week.
Truck tips over on I-465
A semi driver was injured Friday morning when his truck tipped onto its side on northbound Interstate 465 just north of the Interstate 74 interchange. Capt. Dave Bursten with the Indiana State Police said it appeared the driver didn’t fully secure the 44,000 pounds of lead bars he was hauling. When the truck came around the ramp off I-74, the bars started to shift, causing the driver to lose control and the truck to tip. No other vehicle was involved in the accident. Bursten said emergency responders would keep one lane of I-465 closed until they offload the semi.
Overhaul of sentencing laws heading to governor
The Senate voted 34-15 on Friday in favor of the bill aimed at sending fewer nonviolent offenders to prison.
Downtown’s historic Century Building set for sheriff’s sale
The 112-year-old office building will return to the market in a precarious position, as a major tenant plans to depart.
Local racing team on verge of calling it quits after 500
Carmel-based Panther/Dreyer & Reinbold Racing, a company that was in expansion mode as little as two years ago, plans to close shop after the Indy 500 if it can’t find a new sponsor.
Startup aims to take on ’11th commandment’
Carmel tech firm owner Ron Brumbarger grows his own talent, and now he wants to help other businesses do the same.
Shares of Angie’s List, ITT skyrocket after reports
In the heart of a mediocre earnings season for public companies, Indianapolis-based firms Angie’s List and ITT Educational Services on Thursday shot to the top of the stock ticker.
Lawmakers forge deal to help Indianapolis Motor Speedway
The plan authorizes the state to loan the Speedway $100 million—money it will borrow through bonds—to make the grandstands more accessible to people with disabilities and to install lights for night races.
Simon Property profit climbs as demand for space in malls climbs
Retailer push for more space also prompted the Indianapolis-based real estate investment trust to raise its profit forecast.
More demand for mall space boosts Simon earnings
The Indianapolis-based owner of retail centers raised its expectations for the fiscal year after reporting solid gains in occupancy, rent revenue and earnings for the first quarter.
Celadon’s profit, revenue slide in latest quarter
Celadon CEO Paul Will noted that the latest quarter had two fewer business days than the previous year's period and was hampered by heavy winter storms.