Indy Eleven finishes 2nd in league attendance with uptick in home crowds
The Indy Eleven drew average crowds of more than 10,000 per game to Lucas Oil Stadium in their second year in the United Soccer League.
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Calumet Specialty Products sells San Antonio refinery for $63 million
The San Antonio facility has a throughput capacity of 21,000 barrels a day and produces diesel, jet fuel, gasoline and other jet fuel products.
KKR makes formal approach to Walgreens on possible record buyout
Walgreens Boots, which has more than 50 stores in central Indiana, has a market value of about $53 billion and $16.8 billion of debt. At that size, a take-private deal by the company would top the largest leveraged buyout in history.
Buttigieg says he want to choose VA’s first female secretary
South Bend Mayor and presidential candidate Pete Buttigieg said female veterans and service members have been neglected, including on concerns about sexual harassment and women’s health. Women are the military’s fastest-growing subgroup.
Penske’s IMS deal means hundreds of acres of opportunity, real estate experts say
The acquisition of Hulman & Co. will give Penske Corp. control of about 37% of all the land in Speedway, making the company the town’s single-largest landowner. Roger Penske said he wants to take advantage of that land.
IBJ Podcast: Roger Penske wants to create an ‘entertainment capital’ in Speedway. What does that mean?
Podcast host Mason King talked with Penske about his vision for some 950 acres in Speedway, and chats with Speedway Town Manager Jacob Blasdel and local developer Mike Wells about the possibilities.
Indiana ranks high in hazardous dams that need improvements
Indiana has more than 250 high-hazard dams, a term used when a failure likely would result in the loss of human life. Of those, 65 are rated in poor or unsatisfactory condition
Ford electric vehicle chief sees more products, sales growth
Next week, Ford will show off an electric SUV that is inspired by the Mustang performance car. It’s the company’s first consumer-friendly fully electric vehicle, and it’s expected to have a range of over 300 miles per charge.
Gannett-GateHouse merger will help investors, harm journalists, union report says
The country’s leading newspaper union issued a scathing analysis of the proposed Gannett-GateHouse merger Friday, saying the deal would drive down wages and employment for journalists at hundreds of newspapers. The merger will affect a dozen newspapers in Indiana.
Indiana medical insurance coverage lags surrounding states
Indiana had a higher percentage of people lacking medical insurance than any neighboring state in 2018, but its rate was better than the national average.
MICKEY MAURER: I’ll pay my share to get us out of this mess
It’ll be worth it to return my beloved country to honest, moral stewardship.
Editorial: Momentous sale of racing empire is cause for sadness, optimism
We’re confident that IMS and the racing series will benefit from having Penske, a proven businessman known as “The Captain,” at the helm. But that alone isn’t enough to ensure a new era of prosperity for the iconic, 110-year-old venue.
Ann Murtlow: Alice? She’s missing from recent Census report
ALICE isn’t an actual person; she’s an acronym for Asset Limited, Income Constrained, Employed. ALICE is a growing population of people in Indianapolis and our surrounding counties who are employed (in one or more jobs) but struggle to make ends meet.
Claire Fiddian-Green & Maureen Weber: Preschool teachers are important. Pay them accordingly
The professional training required to build and sustain the skills to teach our youngest learners is expensive and time-consuming, especially relative to the pay. This makes it challenging to find and retain well-trained teachers.
Letter: MacAllister knew how to compromise
I was honored to become P.E.’s friend. He would mock me given my alleged liberal political views in the same fashion that I would laughingly forgive him for his Republican dedication.
BONANON & CUROTT: The dollar’s dominance has a downside
Cheap debt encourages fiscal irresponsibility—among teenage boys and politicians.
KIM: Is WeWork the ‘canary in the coal mine’ for profitless ‘unicorns’?
When investors compete to give their capital to private companies, you get standards that are lowered at the same time valuations are raised, a recipe for disaster.
Santiago Jaramillo: Why almost everyone hates employee surveys
Surveys diagnose problems; leaders prescribe solutions.
Memory Bank: Band leader comes to Indy in 1946
Jazz singer, saxophonist and band leader Tony Pastor signs his name on albums and photos at Wasson’s department store in downtown Indianapolis on July 19, 1946.
Dow Agro lawsuit accuses employees of stealing secrets before quitting
The company says Sotero Ramirez and Robert Lemon downloaded thousands of files of valuable and confidential information in the days leading up to their resignations, amounting to theft of company property and a violation of their non-disclosure and non-competition agreements.