More good news on the Indiana economy
An Indiana University index suggests the economy is still strengthening.
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Airport could land $63M annually from land redevelopment
A consultant’s long-term land-use plan approved Friday morning by the Indianapolis Airport Authority recommends expected uses such as cargo and logistics, and offbeat uses such as construction of a solar-energy farm.
Financier in botched deal sues Emmis over loan to Smulyan
In uncommonly sharp language, attorneys for New York-based Alden Global Capital accused Emmis' board of “a blatantly self-dealing transaction” that allows Smulyan to “pursue a personal litigation vendetta” against Alden.
Local group heading Down Under for biz opportunities
Develop Indy, Marion County’s local economic development organization, plans to lead a delegation of officials to Australia to attract life sciences-related business opportunities, the group announced Friday morning.
Dealer Expo trade show kicks off expanded Convention Center
The massive powersports convention is one of the biggest annual events hosted by the city and is the first to use the expanded Indiana Convention Center since a $275 addition was completed.
Castleton Plaza seeks bankruptcy reorganization
Shopping center on East 82nd Street lists nearly $10.4 million in liabilities and about $7.6 million in assets. The Chapter 11 filing follows a request to foreclose on the property from the center’s lender.
Senate OKs bill to ban texting while driving
Both chambers of the Indiana Legislature have now approved bills making it illegal for drivers to type, send or read text messages on mobile phones or other electronic devices.
State awards $98 million contract for I-69 project
State highway officials have awarded a LaPorte company a $98.8 million contract to build a nine-mile section of Indiana's planned Interstate 69 extension through Daviess County.
GOP senators leery of Indiana immigration crackdown
A bill aimed at having an Arizona-style crackdown on illegal immigration in Indiana is on its way to the state Senate, but some Republican senators expressed concerns Thursday about the ramifications for law enforcement and taxpayers.
Budget would take slice out of growing horse industry
A move by budget-makers to tap the kitty that feeds the state’s horse-racing industry could deal a blow to the business just as Indiana is starting to gain ground on its neighbors.
California investor losing grip on holdings
Blue Real Estate defaulted on a $17.5 million loan for six buildings in Park 100, according to a mortgage foreclosure suit Bank of America filed this month in Marion County.
Emerging markets give Lilly hope in patent crunch
In a kind of alternate drug universe, sales of Eli Lilly and Co.’s ghosts of blockbusters past are soaring in China—prompting the drugmaker to pour money into emerging markets in an attempt to prop up revenue.
Tony George voted back onto Hulman & Co. board
Hulman & Co. board expands by four in attempt to better position company that oversees Indianapolis Motor Speedway and IndyCar Series.
Council may give up crime-grant duty to Parks Foundation
Under a proposal on its way to the City-County Council, the Indianapolis Parks Foundation would oversee millions of dollars in tax-supported grants for crime prevention.
Bills seek utility rate flexibility to comply with EPA mandates
Indiana’s utilities have energetically sought legislation this session that would allow them to quickly charge ratepayers for the cost of new federal mandates to reduce pollution.
MAURER: By George, a presidential puzzle
Celebrate Presidents Day by working a crossword puzzle from Mickey Maurer.
Growth in farmers’ markets continues into winter months
The U.S. Department of Agriculture says there are about 900 winter farmers’ markets in operation—a 17-percent increase over the past two years. Two thrive locally, one downtown and one in Zionsville.