Billionaire, presidential candidate H. Ross Perot dies at 89
H. Ross Perot, the colorful, self-made Texas billionaire who rose from a childhood of Depression-era poverty and twice ran for president as a third-party candidate, has died.
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Roundtripper, Peterson land tax abatements for Westfield projects
Roundtripper Baseball Academy is expanding its baseball facilities in Westfield and The Peterson Co. plans to build an office and warehouse facility for a Fishers company that plans to relocate.
Hiking minimum wage would help millions, but cost up to 3.7M jobs, report says
Gradually raising the federal minimum wage to $15 an hour would boost pay for as many as 27 million workers, but it could also cost as many as 3.7 million jobs by 2025, according to a report released Monday from the nonpartisan Congressional Budget Office.
Latest Obamacare legal battle plays out in federal appeals court
The fate of former President Barack Obama's signature health care law, and its coverage and insurance protections for millions of Americans, is again being argued in a case that appears destined for the Supreme Court.
Judge strikes down rule requiring drug ads to reveal prices
Responding to a lawsuit by Eli Lilly and two other companies, a federal judge Monday blocked a major White House initiative on prescription drug costs, saying the Trump administration lacked the legal authority to require drugmakers to disclose their prices in TV ads.
State could seek $40M after probe finds virtual schools inflated enrollment
Two school years after a student died, Indiana Virtual School kept him on its rolls and received state funding to educate him. And that was just one example of how the school inflated enrollment by hundreds of students, according to the findings of a state examiner’s investigation.
Developers team up on $12.5M apartment project on near-north side
A north-side community group and a locally based development company are partnering on the two-building project slated for the southeast corner of Illinois and 22nd streets.
Museum reveals human stories behind brains, skeletons at state’s famous mental hospital
For years, specimens from former mental health patients were meticulously labeled in scientific language at the Indiana Medical History Museum. Now, for the first time, visitors can see the human stories behind those specimens, following an intensive, four-year project.
Downtown steakhouse closes; owners plan conversion to event venue
For the second time in less than three years, restaurateur Gary Brackett is forming a new business strategy for the downtown space he leases at 14 E. Washington St.
Closures planned for Interstate 65, I-70 in Indianapolis
The Indiana Department of Transportation is warning motorists it will close parts of Interstate 65 and I-70 in Indianapolis beginning this week to complete work delayed by recent rains.
IBJ, Indy Chamber team up to host mayoral debate
The debate is scheduled to take place during the chamber’s annual HobNob event, in August at the Crowne Plaza Indianapolis Downtown.
Scotty’s Brewhouse closes another Indiana location
The Indianapolis-based restaurant and bar chain is down to eight Scotty’s locations, plus a Thr3e Wise Men Co. taproom and eatery in Muncie. The chain had more than twice as many locations at the end of last year.
Poll: 1 in 4 don’t plan to retire despite realities of aging
When asked how financially comfortable they feel about retirement, only 14% of Americans under the age of 50 and 29% over 50 say they feel extremely or very prepared, according to the poll.
Court: Purdue may have discriminated in sexual assault case
The 7th U.S. Circuit Court of Appeals said Purdue too hastily sided with the man's female accuser and ignored his attempts to provide evidence in his defense.
New IPS leader Aleesia Johnson to be paid on par with predecessor
The figure aims to walk the line between being fiscally responsible and ensuring the district’s first African-American woman leader is paid fairly, said school board President Michael O’Connor.
IBJ Podcast: Morales Group wants to get you a job—then a better one, then a career
Morales Group President Seth Morales talks to podcast host Mason King about how the company works with people of all nationalities, the challenges and opportunities presented by the tight labor market, and how his standout college football career at Purdue University impacted his career.
Pete Buttigieg has money. Can he turn it into a 2020 win?
Buttigieg still faces questions about his experience and whether his appeal extends beyond wealthier donors and white voters.
Holocaust survivor Eva Kor dies at age 85
Kor was a Jewish native of Romania who was sent in 1944 to the Auschwitz concentration camp, where most of her family was killed. In 1985, she founded CANDLES, or Children of Auschwitz Nazi Deadly Lab Experiments Survivors.
S&P 500, Dow industrials, NASDAQ close at record highs
Investors extended a rally through a holiday-shortened day and pushed major stock indexes to record highs on Wednesday.
Marketing software firm Perq raises $6 million in capitals
The most recent funding is expected to fuel the growth of Perq’s artificial intelligence-driven marketing cloud for big-ticket retailers, company officials said.