Packaging maker plans $75M facility, 140 jobs in Lebanon
The Lebanon City Council Monday night approved a tax break valued at $1.3 million for U.S. Corrugated Inc., which plans to open a 470,000-square-foot manufacturing facility.
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Kohl’s to begin taking Amazon returns at all stores
Kohl’s has been testing Amazon returns at 100 stores for nearly two years and sees the service as a way to get people in its doors and potentially buy something while they’re there.
Allison Transmission announces $132 million in acquisitions
The Indianapolis-based company announced Tuesday that it has acquired England-based Vantage Power and the electric vehicle systems division of Michigan-based AxleTech International in two separate deals.
Fruit-flavoring firm to open $11M plant in Greenwood
California Custom Fruits, whose products include fruit bases for yogurts, will erect a 65,000-square-foot plant in the Greenwood Park at 65 South industrial park.
Jury selected in second trial over NCAA basketball recruitment
The trial is the second resulting from arrests made 19 months ago, when prosecutors described a widespread bribery scheme in which financial advisers and business managers allegedly paid assistant coaches and athletes' families to steer players to major NCAA basketball programs.
Council committee OKs up to $7M in bonds for downtown Block 20 project
The financing plan for the two-site $40 million project near the Athenaeum was advanced by a City-County Council committee just days after a group opposed to the project accused the developer of unprofessional conduct.
Carmel official says Brainard created ‘toxic environment’; mayor calls relationship consensual
Clerk-Treasurer Christine Pauley said Mayor Jim Brainard created a difficult work environment by pushing her to go on trips with him. But the mayor said in a statement that the two briefly dated and the timing of the accusations—just two weeks before the primary—is “interesting.”
Lawmakers poised for final approval of bill to fund Pacers deal, soccer stadium
State lawmakers are done making changes to legislation that would provide millions in additional revenue to the Capital Improvement Board, help keep the Indiana Pacers in Indianapolis for the next 25 years and potentially support a permanent soccer stadium for the Indy Eleven.
Indiana vaping tax bill faces uncertain future this session
Before the bill was voted on in the Senate, legislators approved an amendment that could send the legislation to a summer study committee without imposing a tax this year.
IU Health, neurosurgical group still at loggerheads
The two sides seem to be digging in as a deadline approaches for them to figure out a way to work together after the end of this year.
Samsung delays launch of Galaxy Fold after screen failures
Samsung Electronics Co. will delay the launch of its first foldable smartphone from the planned April 26 debut after reports of screen failures among some review units, a setback for the world’s biggest handset maker.
Medicare chief Verma uses forecast as warning for expand-it-to-all plans
The Trump administration’s top Medicare official used an annual report on the program’s fiscal outlook to attack proposals by some Democrats to expand government health-care coverage to all Americans.
Hogsett raises nearly 3 times more than Merritt in first quarter
State Sen. Jim Merritt will be able to campaign for mayor full time after the legislative session ends this month, representatives say. In the meantime, Merritt is “very pleased” with his fundraising.
Latest version of gambling bill brings back mobile sports betting
The updated legislation also would decrease the fee that the owner of the two casinos in Gary would have to pay in order to move a casino from Lake Michigan to a more convenient interstate location.
Central Indiana homebuilders see slowest March in eight years
Single-family construction permit filings have fallen for the past four months following a 14-month streak of year-over-year increases.
Buttigieg scrambles to turn 2020 buzz into momentum
There is an increasing urgency, inside and outside of the Pete Buttigieg’s campaign, that his moment may pass if he doesn’t take swift action to build a national organization capable of harnessing the energy he’ll need to sustain his recent surge in popularity.
IBJ Podcast: Why tech execs bought The Vogue in Broad Ripple
High Alpha’s Eric Tobias talks with podcast host Mason King about what he and two other tech execs plan to change at the 81-year-old venue (think glass barware and a larger green room)—and what they think the club is already doing well.
School money, gambling decisions near for Indiana lawmakers
Lawmakers could wrap up the session as early as Wednesday but negotiations on the new two-year state budget and other issues could delay completion of its business until as late as April 29.
Indianapolis Colts owner says he bought John Lennon piano at auction
The piano, made in the 1870s, was auctioned on the site GottaHaveRockandRoll.com, which said Lennon used it to compose songs for the "Sgt. Pepper's Lonely Hearts Club Band" album.
NCAA rejects mandatory 2-year commitment to grad transfers
A proposal to require a graduate transfer to count against a team's scholarship total for two years in football and basketball has been rejected by the NCAA.