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Former rock DJs ‘Hammer and Nigel’ on ratings roll
While “The Hammer and Nigel Show” is flourishing now, WIBC-FM 93.1 took a big risk in 2016 putting the two former rock ’n’ roll disc jockeys at the helm of a news-talk program, the station’s bread and butter.
BOHANON & CUROTT: Federal Reserve should not cave to political pressure
Investors now predict a 100% chance that the Federal Reserve will lower its interest rate target at its next meeting on July 31. The impending interest rate cut is a reversal of the Fed’s recent policy stance.
KIM: Fasten seatbelts for second-half roller-coaster ride
While history suggests the road is likely to get increasingly bumpy over the next four months, it will be important (as always) to try to remain unemotional and stick with the plan.
Elevate Ventures’ startup investments at pivotal point
After nine years of managing the state’s investments in startups, the not-for-profit Elevate Ventures has had some wins, but more losses—as measured by the number of companies that paid back at least as much as they took in.
Kerauno makes acquisition, continues growth spurt
Kerauno, an Indianapolis-based maker of communications-workflow software, this week announced the acquisition of Inverse-Square, a locally based custom software development firm. And the acquisition won’t likely be Kerauno’s last, maybe not even this year.
Big Ten’s Delany says old mistakes to blame for college woes
Outgoing Big Ten Commissioner Jim Delany kicked off his final Big Ten football media days Thursday by saying he thinks some serious mistakes made in the 1970s created problems today in college athletics.
Trump: Administration to review massive Pentagon computer contract
Amazon Web Services Inc., a division of Amazon, and Microsoft Corp. are finalists for the contract estimated to be worth up to $10 billion over a decade.
Duke Energy sued for environmental harm from 2014 coal ash spill
The federal, North Carolina and Virginia governments asked a court Thursday to declare the country’s largest electricity company liable for environmental damage from a leak five years ago that left miles of a river shared by the two states coated in hazardous coal ash.
Deb Simon—who will ‘do anything’ to beat Trump—donates $100k to young Democrats
The Carmel philanthropist says it starts by activating young voters, which is why she recently gave a significant donation to Indiana Young Democrats to help the group bring the Young Democrats of America National Convention to Indianapolis.
Buttigieg tells Young Democrats that GOP policies have failed
During his speech Thursday night at the Young Democrats of America National Convention in Indianapolis, South Bend Mayor and presidential candidate Pete Buttigieg tried to draw attention to Republican policies that he says haven’t worked.
Don’t sink your startup by creating a product in a vacuum
Entrepreneur Max Yoder failed out of the gate when he launched his first company. No, not Lessonly, the training software firm that is still growing seven years after he co-founded it with the folks who created the High Alpha venture studio. Yoder’s first company was Quipol, which offered a social polling product that he worked on […]
Report: Newspaper chains Gannett, GateHouse in ‘advanced’ merger talks
The Wall Street Journal reports that a deal could be announced in the coming weeks. Gannett owns The Indianapolis Star and a number of smaller Indiana newspapers.
MainGate to be acquired by New York-based hospitality firm Legends
MainGate, a sports merchandising and marketing firm headquartered at 7900 Rockville Road on the city’s far-west side, employs about 220 people in the Indianapolis area.
Julian Center losing CEO to retirement at end of year
Catherine O’Connor, CEO of the Julian Center since March 2014, plans to retire at the end of the year, the domestic-violence shelter and services provider announced Thursday.
House OKs phased-in $15 minimum wage, but bill has little chance in Senate
The legislation, for the first time, would pay tipped workers the same as others earning the minimum, boosting their pay to $15 an hour, too. It’s now $2.13.
Kite Harris plans $25 million mixed-use project near future Little League headquarters
The town has agreed to sell the 15 acres to Kite Harris Property Group for $1 in an economic development agreement approved by the Whitestown Redevelopment Commission on Wednesday night.
Central Indiana homebuilding slump reaches seven months
Applications for home construction fell 13% in central Indiana in June, marking the seventh straight month of declining permit filings.
White House hopeful Warren pitches new private equity constraints
Elizabeth Warren’s plan, the latest in a series of policy ideas that have propelled the Massachusetts senator to the top tier of the 2020 Democratic presidential primary field, would hold private equity firms liable for debts and pension promises made by the companies they acquire.
Broad Ripple site of Thr3e Wise Men up for auction
The assets of Thr3e Wise Men’s now-closed Broad Ripple location will be auctioned off next month. Also this week: Kopetsky Auto Wash, Hendricks County Bank and Trust, Chuy’s, Ross Dress for Less, more.