Bridge opening boosts Horseshoe revenue
The southern Indiana casino, which posted double-digit drops in admissions and gross revenue during the shutdown of a bridge across the Ohio River, increased its revenue by 4 percent last month.
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Record-low rates aren’t creating rush at local mortgage firms
Local mortgage industry executives say record-low interest rates aren’t leading to a big boom in business because broader economic issues are keeping large parts of the population from seeking or qualifying for loans.
Indiana legislators approve smoking restrictions
The Indiana Senate has narrowly approved a statewide smoking ban proposal, sending it to the governor for his expected signature into law. The ban exempts Indiana's bars, casinos and private clubs such as veterans and fraternal organizations.
IU senior guard out for season
Indiana University senior guard Verdell Jones III suffered a college-career-ending injury to his right knee during Thursday's first-round Big Ten Tournament basketball victory against Penn State, the school confirmed Friday. Jones, of Champaign, Ill., is the 23rd all-time leading scorer at IU with 1,347 points. He averaged 11.5 points, 3.3 rebounds and 3.3 assists during his IU career. IU plays Wisconsin Friday at 2:25 p.m. in the tourney at Bankers Life Fieldhouse in downtown Indianapolis. Purdue plays Ohio State at 8:55 p.m.
Fire burns towing business
A large fire late Thursday night destroyed a building in the 1400 block of Holt Road that houses Cook's Towing Service. About 40 firefighters fought the southwest-side blaze. No injuries were reported. Investigators are trying to determine the cause.
Man found shot to death
A man was shot to death early this morning on the northwest side of Indianapolis. A resident in the 1600 block of Stevenson Street, near Kessler Boulevard West Drive, reported hearing at least five gunshots at about 5 a.m. and saw a man drag a body from a tan vehicle to a yard. The body was found alongside a neighborhood home.
Future of IU’s Assembly Hall will generate chorus of boos
Despite many complaints about the charmless 41-year-old basketball venue, IU has no plans to replace or renovate the Hoosiers' hoops home.
IUPUI faculty vote to keep public affairs school
The School of Public and Environmental Affairs won’t be eliminated from IUPUI any time soon. Faculty members at SPEA have turned down a proposal to merge with the Center on Philanthropy.
Economy adds 227,000 jobs, jobless rate unchanged
U.S. employers added 227,000 jobs in February to complete three of the best months of hiring since the recession ended.
Mass Ave restaurant plans clear first hurdle
The city’s Historic Preservation Commission has approved rezoning and variance requests for two buildings sought by the owners of Broad Ripple’s Brugge Brasserie just south of the intersection of Massachusetts and Park avenues.
Bloomington officials narrowly OK I-69 extension
A Bloomington planning panel voted narrowly Friday to back off its opposition to a section of the Interstate 69 extension from Indianapolis to Evansville that would pass through Monroe County.
Hurco shares surge after quarterly profit soars
Hurco Companies Inc. said its fiscal first-quarter profit soared 200 percent over the same period a year ago, driven by strong sales increases in Europe.
Lawmakers end right-to-work dominated session
Indiana lawmakers came roaring into their 2012 session with a battle over right-to-work legislation. Now they are leaving quietly with a new statewide smoking ban, changes to the state's education system and rules giving homeowners the right to forcibly keep police from entering their homes.
Indiana House approves statewide smoking-ban bill
The Indiana House voted Thursday night to approve a statewide smoking ban bill, setting up a vote Friday in the state Senate on whether the restrictions will be on their way to becoming law.
Allison’s private-equity owners to get IPO spoils
When Allison Transmission Holdings Inc. a year ago filed plans to go public, it said some of the proceeds would go toward reducing billions of dollars in debt. But, in an updated filing with the SEC, the company reversed course, saying all of the more than $500 million that’s expected to be raised would go to its private-equity owners.
Crean, Painter contracts packed with rewards for postseason success
Indiana University Coach Tom Crean and Purdue University Coach Matt Painter cash in big time when their teams perform well, especially in postseason play.
CEO helps Conner Prairie educate by creating ‘social experience’
Conner Prairie President and CEO Ellen Rosenthal has brought to the Fishers museum her passion for creating great visitor experiences.
Southport faces steep budget cuts after years of procedural errors
New Southport Mayor Jesse Testruth and Clerk-Treasurer Diana Bossingham are sorting out years of financial woes that plagued the previous administration, including two unsatisfactory state audits that were forwarded to the county prosecutor’s office for review.
Pacers ticket costs to fluctuate based on fan demand
The Indiana Pacers are looking to become one of a handful of NBA teams to scrap their traditional static ticket pricing system for one resembling the fluctuating model employed by airlines.
Airport execs’ globetrotting sparks scrutiny
Indianapolis Airport Authority CEO John Clark and two key officers spent more than $67,000 last year on travel that included extended business trips to Brazil, Denmark, Greece, Morocco and Switzerland.