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With the Pacers losing anywhere from $15 million to $30 million annually, local fans who would like to see the blue and gold remain anywhere near financially viable for the long-term must be rooting for an agreement with a hard cap—at least much stiffer than it is now—and a 50-50 split.
A federal bankruptcy court has sided with two Indiana racinos in a dispute over their tax burdens, a ruling that could reduce the total amount they pay into state coffers by as much as $30 million per year.
A driver crashed into a Family Dollar store Wednesday evening on the northeast side of Indianapolis. No injuries were reported, but the building in the 2300 block of East 30th Street near Keystone Avenue sustained damage to the façade. According to police, the driver struck another vehicle while backing out of a parking spot, then crashed into the building.
A man seen distributing issues of a Ku Klux Klan newsletter to Martinsville businesses was found not guilty of littering by a city court judge on Wednesday. Police cited Thomas Buhls after he left the KKK material at a business without permission. The judge said littering meant placing trash on private property and the newspaper was not considered trash. The KKK had threatened to sue Martinsville for violating Buhls' First Amendments rights.
Folds joined the ISO for a strong show…then stuck around to entertain on his own.
Southbound Interstate 65 and westbound I-70 in Indianapolis were closed into the early-morning hours Thursday at the south split following a fiery accident involving a car hauler. The accident happened at about 11 p.m. Wednesday night when the car hauler struck the Virginia Avenue bridge. At least two vehicles were knocked off the hauler and caught fire. There were no reports of injuries.
Hill-Rom Holdings Inc. posted better-than-expected earnings and revenue in its fiscal fourth quarter, the Batesville-based hospital-bed supplier announced Wednesday.
Several local radio employees lost their jobs this week in a round of layoffs by San Antonio-based Clear Channel, the parent company of WRZX-FM 103.3, WFBQ-FM 94.7 and WNDE-AM 1260.
BorgWarner Inc., the world’s biggest maker of automatic-transmission parts for vehicles, filed a lawsuit accusing Cummins Inc. of infringing on three patents for a titanium wheel used in engine turbochargers.
Celadon Group Inc.’s first-quarter profit grew nearly 23 percent, to $5.4 million, or 24 cents a share, on revenue of $141.5 million.
Indianapolis-based Dow AgroSciences on Thursday reported record third-quarter sales of $1.2 billion, up 27 percent from the same period a year ago.
A federal highway administrator says no one can stop the state from building a hotly debated section of the Interstate 69 extension in southern Indiana without using federal money.
Duke Realty Corp. lost $32.1 million in the third quarter, but managed to meet analyst expectations in a key measurement for real estate investment trusts.
Republic Airways Holdings Inc. is considering the sale of planes and airport landing rights in Washington, D.C., to help raise about $113 million in a second round of restructuring at its unprofitable Frontier Airlines unit.
Outdoor amphitheater Verizon Wireless Center in Noblesville will be renamed Klipsch Music Center under a new sponsorship agreement between speaker manufacturer Klipsch Group Inc. and venue owner Live Nation Entertainment.
RND Group fills development gaps for companies.
Over the last 12 months, the Indiana Board of Pharmacy has conducted license litigation involving at least 35 pharmacy personnel statewide who’ve been accused of stealing drugs from work.
Marion County Animal Care and Control seized more than 80 farm animals Tuesday from a home on the southwest side of Indianapolis. About 65 chickens, 10 turkeys, peacocks, at least three horses and some dogs were taken from the home because of care and zoning issues. Control officers have been to the home on Chelsea Road more than 10 times since 2008, they said. The animals were treated and placed in a pasture in the 2600 block of South Harding Street.
An Indiana woman said she plans to file a complaint with the Equal Employment Opportunity Commission against her employer, Brightpoint Inc., because she was told to take off an Islamic headscarf. Mary Cabrera said she recently converted to Islam and began wearing the headscarves to work at Brightpoint's distribution center in Plainfield. She said staff asked her to take it off because it violated the company dress code. She refused. Brightpoint said it told Cabrera to quit wearing the scarf until she filled out a religious exemption request form. The exemption was approved in less than a day, the company said.
The Marion County Prosecutor's Office announced Wednesday that it has charged six parents with class C felonies for not paying their child support obligations. In total, the parents are behind in support payments for their 13 children by nearly $370,000, ranging from $21,000 to nearly $100,000 each. The charges follow the “Stop Delaying-Start Paying” amnesty initiative, which gave parents the opportunity to come forward without penalties. Charged were Jumoke Bobbitt, Mark Brown, Brianna Clayton, Damon Edwards, Jeffrey Lewis and Khalis Smith. Last year, the office collected more than $100 million in child support. It is managing about 76,000 child-support cases.
