Westfield hospital planning heliport
Riverview Health would establish the square helipad near the intersection of State Road 32 and U.S. 31. It would be used once a month or less, on average.
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Walmart to leave CVS pharmacy network
The dispute between the world’s largest retail chain and the prominent pharmacy-benefits manager could roil the business of filling prescriptions.
Gymboree expected to declare bankruptcy, close at least 6 Indy-area stores
This would be the second bankruptcy for the children’s clothing retailer in less than two years, but the chances for survival look very slim.
Cash rules as stocks, bonds waver
The steady-and-not-so-slow-anymore returns for cash, plus expectations for even more market volatility in 2019, means strategists along Wall Street are seeing cash as a viable investment option for the first time in years.
Justice Department opinion could threaten online gambling
Several states—but not Indiana—moved to authorize online gambling after an Obama administration decision appeared to allow it. Now, the Justice Department is reversing that opinion.
South Carolina firm buys northwest-side office park for $6.5M
The acquisition of Commerce Park’s amalgamation of office buildings marks the second significant purchase in the Indianapolis area for Ziff Properties.
Council panel postpones vote on controversial billboard plan to consider changes
Council Vice President Zach Adamson said “we all have received lots of calls” on the proposal and said postponing the matter would “allow additional conversation” on whether or not to amend the proposal or accept it as written.
IU establishes new research center focused on inclusion, socioeconomic barriers
The Center for Research on Inclusion & Social Policy is in the process of developing several projects, including a study of international migration to Indiana, evictions in Indiana counties and the impact of race on homeownership, based on a recent report by the Brookings Institution.
Suitor for IndyStar’s parent company known for ‘milking’ newspapers
Alden Global, which is taking aim at the Gannett newspaper chain, is run by a hedge fund exec known in some circles as “the Gordon Gekko of newspapers.”
Lawmakers to consider more oversight of pharmacy-benefits middlemen
Two bills going through the Indiana General Assembly would give the state more tools to scrutinize the powerful pharmacy-benefits managers who negotiate drug prices and help set customer prices.
Gov. Holcomb says ‘what’s next’ could be soccer stadium
The Republican governor did not take a position on an Indy Eleven plan to have state and local taxpayers fund a new stadium, but he said officials always need to embrace the future.
Trump rejects suggested short-term government shutdown fix
Leaving the White House for a trip to New Orleans, Trump said he had dismissed the proposal from Republican Sen. Lindsey Graham to reopen for several weeks and continue dealing with Democrats over Trump’s long-promised wall on the U.S.-Mexico border.
Indiana lawmakers look at charity gaming regulations
The bill would allow for higher prize payouts and more not-for-profits to offer charity gaming.
Indy Eleven names broadcasting executive as new CEO
Stremlaw, a Boston native, comes to Indy Eleven from the Canadian Broadcasting Corp., where he oversaw the group’s sports coverage, including the Olympics and other high-profile events.
Prosecutors want 6-1/2 year sentence for former Merrill Lynch adviser Thomas Buck
Merrill Lynch terminated Buck in 2015, citing “loss of confidence” in him after 34 years at the firm.
Veep Pence tested in role of messenger for Trump policies
The vice president has been one of the administration’s most visible emissaries during the shutdown fight, meeting with lawmakers, sitting for interviews and leading staff-level talks. But he’s been repeatedly undermined and contradicted by his boss.
Tight-fisted Digital First makes bid for IndyStar owner Gannett
Gannett's board said it will "carefully review the proposal," which values the company at $12 a share, a 23 percent premium to Gannett’s closing price on Friday.
IBJ Podcast: What will The Mind Trust’s big infusion of cash mean for Indy schools?
The Mind Trust CEO Brandon Brown sat down with host Mason King to explain the group’s mission, its cooperation with Indianapolis Public Schools and how the new funding will help it ramp up its work.
Kansas City tramples Colts to end Indy’s comeback season
Quarterback Andrew Luck could never get the Colts’ offense going and Adam Vinatieri missed two kicks as the Chiefs win 31-13.
Shutdown update: Trump says he’ll sign off on back pay for federal workers
The partial government shutdown stretched into its 21st day on Friday, tying the record for the longest. Judges, law enforcement officers, NASA engineers, weather forecasters and office staff were among some 800,000 federal workers who missed their first paychecks.