City to buy key parcel for 16th Street tech corridor
The city of Indianapolis is poised to pay Citizens Energy Group $6.5 million to buy a key parcel of real estate it’s targeting as the centerpiece of its ambitious 16 Tech project.
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WTHR’s IRS investigation receives national honor
The station was honored for a six-month investigation into Internal Revenue Service mismanagement that resulted in fraudulent tax refunds for undocumented workers.
Mayor Ballard accepts fate of mass-transit bill
Indianapolis Mayor Greg Ballard sat out an April 2 hearing on mass transit because he knew the issue would be shifted to the Legislature’s back burner.
Boone County development group names new leader
Bryan Brackemyre, who has been interim executive director of the Boone County Economic Development Corp. since his predecessor left for a position in state government early this year, got the full-time job effective April 1.
First Internet Bancorp jumps into dividend game
The parent of First Internet Bank late last month declared a dividend of 6 cents per common share payable April 15 to shareholders of record April 1.
Indiana governor against school guns mandate
Indiana Gov. Mike Pence says he believes local school officials should make decisions about security rather than being required to have an employee armed with a loaded gun during school hours.
Indy publishing legend exits after 32 years
Deborah Paul blazed a trail as editor in chief of Indianapolis Monthly, and later headed similar magazines across the country. She cleaned out her desk at Emmis Publishing this week. "It's a mistake to get off the stage too late," she said.
Ice cream spill closes ramp
The ramp to northbound Interstate 465 from Interstate 70 on the east side of Indianapolis was closed for about two hours Wednesday after a semi-trailer overturned, spilling about 35,000 pounds of Kroger Deluxe ice cream onto the side of the road. The driver sustained minor injuries.
Fire claims historic theater
The historic Orleans Theater was destroyed by fire Wednesday morning, reducing the 120-year-old brick building to rubble within just 20 minutes as the owner watched. The cause hasn’t been determined. The building in the town 75 miles south of Indianapolis was built as a dry goods story, then was converted to a theater in the 1930s.
Police nab suspect with hostage
Police arrested a 35-year-old man late Wednesday night after he allegedly robbed a Greenfield gas station and tried to abduct the clerk at knifepoint. Brandon Hendrickson faces multiple charges, including attempted armed robbery, battery and criminal confinement. The female clerk pressed an alarm during the robbery and police arrived in time to see the suspect trying to force her into his vehicle. An officer used a stun gun to subdue Hendrickson when he refused to drop the knife.
WellPoint execs get double-digit pay bumps while stock falls
The Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most of its top executives saw their pay hold steady or decline in 2011.
Senate budget pushes highway expansion, small tax cuts
Indiana lawmakers and Gov. Mike Pence drew closer to a budget compromise Thursday with the unveiling of a $30 billion Senate plan that cuts the state income tax by $150 million and establishes a new roads fund.
Developers say bill would kill Indiana coal-gas plant
The House Utility Committee approved a bill Wednesday that would send the $2.8 billion project back to regulators for another round of reviews unless the Indiana Supreme Court sides with the project’s developers
What’s New: Carmel strip mall swim school
The signs are up and construction has kicked into overdrive as Goldfish Swim School races to open its first Indiana location this month. Founded in Michigan, Goldfish specializes in teaching children to swim.
Selling 14 West building proving to be quite difficult
With an asking price in the neighborhood of $4 million and no serious offers, the listing agent attempted to generate additional interest through a “call for offers.”
Kelley School launching MBA for midcareer physicians
The idea behind the program, which starts in September, is that doctors can no longer leave the business aspect of their jobs to the finance guys while maintaining their integrity as healers.
Senate panel advances looser superintendent rules
A proposal to no longer require Indiana's local school superintendents to hold a state superintendent's or teacher's license is advancing in the Legislature.
GM to invest $332M in factories, including Indiana plant
In Indiana, GM plans to spend $29.4 million for a metal castings plant in Bedford to make parts for small engines and for the new eight-speed and existing six-speed automatic transmissions.
Skating academy to close ice rinks at Pan Am Plaza
Indiana World Skating Academy, a fixture in downtown Indianapolis since 1987, plans to suspend operations of its two indoor ice rinks at Pan Am Plaza this month and begin looking for a new location, the not-for-profit announced Wednesday.
Review: ‘American Idiot’ at Clowes Hall
The Green Day music-fueled show at Clowes Hall isn't just for members of its characters' demographic group. The Broadway show that “American Idiot” most recalls is “Movin’ Out.” That, too, focused on a group of friends who take different paths into the world.