Quick take: Six things to know about the proposed Pacers deal
Here’s a breakdown of the 158-page agreement that the CIB was considering Friday morning.
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Managed-care stocks continue to tumble amid uncertainty in health care
Shares in Indianapolis-based Anthem Inc. and other health insurance stocks were still falling Friday morning amid political turmoil over health care and drug prices.
Indiana Senate panel backs 20% tax on e-cigarette liquids
The vote came after the committee adopted a tax on the price of the vaping liquid, rather than a 4 cents per-milliliter tax that was backed by the House in February.
Democrats ramp up early campaign effort to re-elect Hogsett, Democrat-led council
Mayor Hogsett and Council President Vop Osili have decided to pool resources and launch what Democrats say is the first true citywide coordinated campaign in Marion County to re-elect the mayor and expand the party’s majority on the 25-member council.
Indiana House defeats proposed moratorium on new power plants
The House voted 53-38 Thursday to strip language that would have prohibited the state from approving new power plants for two years, a move widely seen as delaying construction of renewable energy projects.
House approves bill to fund Fieldhouse renovation, new soccer stadium
The vote came on the eve of a CIB board meeting, during which members will consider a 25-year deal with the Indiana Pacers that is meant to keep the team in Indianapolis well into the future.
Conner Prairie to introduce outdoor holiday themed-events
Conner Prairie always celebrates the holidays with events, but this year, the living history museum is bringing the celebrations outdoors.
UPDATE: CIB approves Pacers deal to fund $360M renovation, expansion of Bankers Life Fieldhouse
The agreement between city officials and the NBA team provides nearly $800 million in tax revenue to the Pacers over the life of the 25-year deal.
CIB poised to vote on Pacers retention deal during Friday meeting
A major deal to keep the Pacers in Indianapolis for decades is expected to be voted on Friday during a meeting of the Capital Improvement Board.
Scotty’s Brewhouse in Southport calls it quits
The closure is the second to be announced by the Indianapolis-based restaurant chain this week and the seventh since December.
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UPDATE: New Senate budget plan gives slight school funding boost
A new state budget plan would send some more money to Indiana schools but at a level short of what advocacy groups say is needed for meaningful teacher pay raises.
Local mattress maker to test retail with Circle Centre store
Foamcraft Inc. plans to open a pop-up store in Circle Centre under the Comfort Option name. The store is initially scheduled to be a one-month endeavor, but could be there much longer if things work out.
Springbuk software release spurs double-digit growth
Local tech firm, Springbuk, has grown from 16 to 102 employees in a little more than two years. A recently released product upgrade the company is calling “a game changer” is spurring another round of serious growth.
Crew Carwash cancels plans for busy Fishers intersection
The Fishers-based company had planned to build the city’s first Crew Carwash at 116th Street and Cumberland Road, but zoning restrictions prohibited it.
Local auto group hit with class-action suit over document fee
The complaint alleges that Andy Mohr dealerships have violated the Indiana Deceptive Consumer Sales Act by “engaging in an unfair scheme to charge vehicle buyers an unlawful document preparation fee.”
MIKE LOPRESTI: Follow Kyle Guy from desolation to redemption
Former Lawrence Central star used a historic loss as motivation in Virginia’s championship run.
National pizza chain plans first Indianapolis restaurant
A 43-year-old pizza chain with more than 100 restaurants in 22 states is planning its first foray into Indianapolis with a location near the airport. It also plans a Whitestown location early next year.
Pharmacy owner found guilty of manufacturing over-potent drugs sold to hospitals
Paul Elmer, former owner and CEO of Pharmakon Pharmaceuticals in Noblesville, was convicted in federal court of nine counts of adulterating drugs and one count of conspiracy. He was acquitted of an additional count of obstruction of justice.