VW plots U.S. truck expansion with $2.9 billion Navistar offer
Volkswagen has offered to buy the rest of Navistar International Corp. to secure a bridgehead in the U.S. heavy-truck market and step up its challenge to Daimler and Volvo.
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Amazon’s latest milestone: 150 million Prime members
The staggering number of Prime members is sure to spook other retailers. Analysts have said Prime subscribers typically spend more of their money at Amazon than other places.
U.S. worker compensation growth slowed a bit in 2019
Americans’ pay and benefits rose at a solid pace last year, but at a slightly slower rate than in 2018, the Labor Department said Friday.
ActiveCampaign’s massive VC haul to trigger growth at Indy office
ActiveCampaign, a Chicago-based marketing technology company that recently opened an Indianapolis office, announced this week it landed $100 million in Series B funding that will help it grow locally.
Saladworks to launch aggressive Indiana franchising strategy with Westfield store
The CEO of a fast-casual restaurant that offers customizable salads said there’s potential for 20 franchised locations in central Indiana.
Litz & Eaton sells three stalled properties to other developers
Indianapolis-based development firm Litz & Eaton Investments LLC—whose principals are entangled in several legal battles as part of a messy split—sold the properties to other companies who plan to move forward with developing the sites.
Nassar victims offered $215M settlement by USA Gymnastics
Indianapolis-based USA Gymnastics has filed a bankruptcy plan that includes an offer of $215 million in insurance funds for sexual abuse victims to settle their claims against the embattled organization.
Indiana has new tool to give parents data about schools
Users of the newly launched INview will have more immediate access to how much schools and districts are spending per student, as well as how that figure compares to the state average and other schools with similar demographics.
Companies with China ties start to feel virus impact
The dangerous virus spreading through China threatens a wide range of industries with ties to the world’s second largest economy.
U.S. advises against travel to China; virus declared emergency
The United Nations health agency defines an international emergency as an “extraordinary event” that constitutes a risk to other countries and requires a coordinated international response.
Buttigieg sharpens Biden, Sanders attacks as Iowa caucuses near
It was a notably more aggressive tone from the 38-year-old former South Bend mayor, who has risen from an asterisk into contention in Iowa on a message of hope and inclusion.
Versatile auto racer John Andretti dies at 56
Andretti won on dirt tracks, street courses and superspeedways. He won an endurance race, competed in dragsters and became an iron man in IndyCar and NASCAR. And he used his platform and passion for racing to help others.
Woman: School district failed to protect her from swim coach
The victim, now 18, filed a federal lawsuit Wednesday in U.S. District Court in Indianapolis accusing Carmel Clay Schools and the district’s high school swim coach, Chris Plumb, of allowing her sexual exploitation to continue despite warnings.
MIKE LOPRESTI: Colts pop up more often in Super Bowl trivia than in the game itself
The game’s oldest player, for example, wore the horseshoe—and it wasn’t Adam Vinatieri.
Federal Reserve proposes letting banks invest in venture capital funds
The draft rule approved by the Federal Reserve would exempt venture capital funds from the Volcker Rule’s provision that bars banks from investing in hedge or private equity funds.
Anthem sues senior executive who took job with competitor, demands return of $4M
The Indianapolis-based insurer said the former senior vice president and general manager of its Commercial Business division violated terms of his executive agreement by taking a position as president and CEO of Health Net LLC of California.
Tony Kanaan closing IndyCar career with five final oval races
The 45-year-old Kanaan, who won the 2013 Indy 500, is another casualty of a poor driver market in which veterans are being squeezed out of their seats by drivers with little to no IndyCar experience.
City-County Council calls for IPL to retire Petersburg coal plant by 2028
This week, the Indianapolis City-County Council passed a special resolution that calls on Indianapolis Power & Light to shut down its largest generating station 14 years sooner than currently planned.
CEO leaving bankrupt Celadon for new logistics job
Celadon CEO Paul Svindland, who joined the company in 2017 and tried to turn around the troubled trucking company, is departing for a CEO job at another logistics company.
GREG MORRIS: Reliving memories of Super Bowl XLI
A steady rain couldn’t dampen the enthusiasm of Colts fans, but here’s hoping the Chiefs and 49ers will enjoy better weather this weekend in Miami.