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Former Carmel insurance firm employee charged with embezzling $2.1M

January 17, 2020 | Susan Orr

Federal investigators say the woman admitted the funds went toward the purchase of a $605,000 home in Anderson, and that she attempted to evade law enforcement when she learned of the investigation.

Toyota spends extra $700M, plans another 150 jobs to cap Indiana plant project

January 17, 2020 | IBJ Staff

In total, the previously announced plant transformation represents an investment of $1.3 billion and will create 550 jobs, the company said Friday. Toyota overhauled the plant so it could begin producing the 2020 Highlander.

Apotheco Pharmacy Group bringing specialized delivery service to Carmel

January 17, 2020 | Kurt Christian

A New York-based chain of independent pharmacies offering pick-up and delivery services is planning its Midwestern debut with a new store in Carmel.

Holcomb names new revenue commissioner

January 17, 2020 | Lindsey Erdody

Bob Grennes has served as chief operating officer at the Department of Revenue since 2017 and has played a role in helping the department update its technology.

Council Republicans to introduce proposal to study violent crime in Indianapolis

January 17, 2020 | Samm Quinn

The proposal comes after police investigated 154 criminal homicides in 2019—five lower than the record set in 2018—and an increase in the number of non-fatal shooting victims.

CIB approves $62 million in contracts for Fieldhouse overhaul

January 17, 2020 | Mickey Shuey

The board approved eight bids—mostly to local firms—for the first and second phases of the $360 million project.

Developer, town of Speedway locked in fight over stalled Wilshaw hotel project

January 17, 2020 | Mickey Shuey

Correspondence obtained by IBJ between town officials and the developer reveal a tug of war over information on the hotel’s status and a disagreement over whether the company has violated a project agreement.

Somerset launches cloud company with big ambitions

January 17, 2020 | Anthony Schoettle

Indianapolis-based accounting firm Somerset CPAs said its new tech company, Somerset Cloud, is on a path to go national.

GOP-backed bill to make professional licensing easier faces opposition

January 17, 2020 | Lindsey Erdody

A top legislative priority for House Republicans faced some push back this week from the very professionals lawmakers believed they would be helping with the measure.

Indiana Statehouse

Indianapolis-area homebuilders end 2019 with second-half surge

January 17, 2020 | IBJ Staff

A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.

Hinchcliffe lands sponsorship with Genesys for May races

January 17, 2020 | IBJ Staff

Popular auto racer James Hinchcliffe, who was abruptly ousted from his IndyCar team in October, has secured a corporate sponsorship that will allow him to drive in two races in May, including the Indy 500.

IHSAA commissioner Cox planning to retire in August

January 16, 2020 | Associated Press

As commissioner, Bobby Cox pushed for more corporate sponsors and better technology while promoting better sportsmanship and stronger health initiatives.

Republicans vote down another proposal to boost teacher pay

January 16, 2020 | Associated Press

A Democratic proposal to immediately boost Indiana teacher pay by $100 million a year by stretching out payments to a teacher pension fund was rejected Thursday by a Republican-controlled committee.

Indiana utilities would be prevented from shutting down coal-fired plants under new bill

January 16, 2020 | John Russell

The bill, sponsored by Rep. Ed Soliday, R-Valparaiso, comes as several large Indiana utilities are planning to shut down thousands of megawatts of coal-fired generating capacity in coming years in favor of cleaner or cheaper fuel sources.

Indianapolis Power & Light's Harding Street station will soon shut down its last coal-powered turbine, for conversion to natural-gas-generated electricity.

Power Breakfast Series – Technology – Zoom Corporate Room

2020 Health Care Heroes – Corporate Table of 10

Senate passes U.S.-Canada-Mexico trade deal, a Trump priority

January 16, 2020 | Associated Press

The U.S. Senate overwhelmingly approved a new North American trade agreement Thursday that rewrites the rules of trade with Canada and Mexico and gives President Donald Trump a major policy victory.

Bru Burger Bar picks Keystone Crossing site for 11th location

January 16, 2020 | Mickey Shuey

Plans call for the gourmet burger restaurant to occupy 4,855 square feet on the ground floor of a new office building, with indoor seating for up to 135 people and additional patio seating.

Former employee pleads guilty in $4.5M Cummins fraud case

January 16, 2020 | Susan Orr

Prosecutors say the 54-year-old man diverted more than $4.5 million of money from Cummins and other companies over a nine-year period.

Marion County Fair wants to put up digital billboard

January 16, 2020 | Lindsey Erdody

State lawmakers are considering legislation that would allow a digital billboard on fairgrounds property near Interstate 74 even though city ordinances prohibit such advertisements.

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