Amazon, Buffett, Chase team up to cut health care costs for workers
News on Tuesday that Amazon was forming a new company with JPMorgan Chase and Warren Buffett’s big-pocketed Berkshire Hathaway sent shock waves through the health care industry.
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Council OKs $55M for initial justice center construction
The unanimous vote also gave approval for the city to spend $4.2 million to acquire 140 acres of land from Citizens Energy Group as the site for the new jail, courthouses and mental health center.
Fishers organizing new event to replace Freedom Festival
The city of Fishers on Tuesday announced a new event to replace the Freedom Festival—a 29-year-old summer celebration that was called off last year over financial issues.
Former T2 exec embarks on downtown car club, auto storage project
Mike Simmons has bought the former Chef’s Academy on East Washington Street and is refurbishing the building to appeal to car enthusiasts by adding meeting and event space.
Banks to sell off five Indiana branches as part of $1B merger
Cincinnati-based First Financial Bancorp and Greensburg-based MainSource Financial Group have agreed to sell off five bank branches in Indiana to resolve regulatory concerns that could stand in the way of their planned merger.
Indy Democrats take first steps to oust Clay as council president
Democrats acted to put the question of Stephen Clay’s removal as president to a vote at the next council meeting, in mid-February.
Original Circle Centre jeweler closes doors
Workers at Andrews Jewelers on the second floor of the downtown mall could be seen on Monday packing up gems and baubles behind security gates.
Eliminating handgun permit fee could shrink state revenue by $11M
Some Republicans have sought a full repeal of Indiana’s handgun permit law. Legislators compromised by proposing to eliminate the permit fee starting in July 2019.
Indy biotech startup moves toward trials for stroke remedy
Theratome Bio Inc. hopes to commercialize research done by Dr. Keith March of the Indiana University School of Medicine, whose previous work has produced more than 50 patents worldwide.
Eleven to play rent free at Lucas Oil Stadium, bigger crowds expected
A deal to split the expenses of operating the 67,000-seat venue for 14 or 15 Eleven games this year is still being finalized.
Carson’s parent ponders bankruptcy as part of restructuring
The comeback strategy for Bon-Ton Stores includes closing a dozen Carson’s stores, although Bon-Ton hasn’t specified locations. The only Carson’s in Indianapolis is the lone anchor for Circle Centre mall.
Speedway to offer spendy lodging in tiny houses for Indy 500 weekend
For folks who want something a little more structurally solid than glamping but more homey than a hotel, the Indianapolis Motor Speedway plans to offer lodging for this year’s Indy 500 in pint-sized houses.
IU Med School raises $135M in NIH funding for 2017, setting record
The funds includes $7.6 million to study early-onset Alzheimer’s disease, $5.2 million to fund a clinical and translational sciences institute, and $4.8 million to fund epidemiologic databases to evaluate AIDS care in Africa.
House panel approves bill to raise state smoking age from 18 to 21
Lawmakers stripped a provision from the bill that would have boosted the cigarette tax from 99 cents a pack to $2.99.
Keurig to buy Dr. Pepper Snapple, creating beverage giant
The companies, both the result of previous mergers, would bring under one tent global brands like Dr. Pepper, 7UP, Snapple, A&W, Mott's, Sunkist and Keurig's single-serve coffee makers.
Priority list includes first local production of ‘Mamma Mia’
Also, another round of “Spelling Bee” and the tour of “Beautiful.”
Cities, states seek alternatives to corrosive salt for melting ice on roads
Experts suggest using beet juice, molasses, and even beer or cheese waste to make slick roads safer, in an effort to stop polluting fresh water sources with salty runoff.
Indy Eleven to play home season at Lucas Oil this year
No financial details were available early this morning, but the agreement comes just weeks after the team said it will switch leagues.
New VA clinics in works for Indianapolis, Terre Haute
The Department of Veterans Affairs is looking to lease sites for the clinics in Terre Haute and the west side of Indianapolis for the clinics.
Emmert defends NCAA effort to address campus sexual assaults
A day after a report suggested the NCAA could have years ago looked into problems at Michigan State, President Mark Emmert said sexual assault allegations against Spartans athletes in 2010 were "widely reported" and already being investigated.
