Flaherty & Collins plans $170M Michigan project
The project in suburban Detroit will include 500 apartments, a 200-room hotel, 20,000 square feet of retail and dining space, and a 30,000-square-foot grocery.
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Holcomb offers another hate crimes legislation option
Gov. Eric Holcomb says it’s too early to say whether he’d veto legislation without a list of victim categories.
Protective Insurance posts largest annual loss in decades
The Carmel-based company, which focuses on the transportation industry, also cut its dividend from 28 cents per share to 10 cents per share.
Three from Indianapolis named James Beard semifinalists
A restaurateur and two chefs from Indianapolis were among those named Wednesday as semifinalists for the James Beard Awards—often referred to as the Oscars of the restaurant industry.
NFL Combine could ink new Indy extension deal later this year
The five-day NFL Combine has been hosted in Indianapolis since 1987, and efforts are underway to ensure the showcase calls the city home for the next several years.
Chicago-based marketing tech firm plans to hire more than 200 Indianapolis workers
ActiveCampaign said Indianapolis' strong marketing tech ecosystem makes the city a natural place for the company to expand.
Democrats unveil ‘Medicare for all’ bill favored by liberal base
A leader of House Democrats’ progressive wing is proposing “Medicare for all” legislation that would replace almost all private health insurance, winning endorsements from many of its top presidential contenders.
Fed’s Powell predicts solid but slower growth in 2019
In delivering the Fed’s semiannual monetary report to Congress, Powell said the Fed will be “patient” in determining when to boost its benchmark policy rate in light of the various “crosscurrents and conflicting signals.”
DePauw cutting 73 jobs as part of restructuring effort
DePauw President D. Mark McCoy and Board of Trustees Chairwoman Kathy Patterson Vrabeck said university officials decided employment levels at the college were not financially sustainable.
KeyBank to close 16 branches in central Indiana
The Ohio-based bank says no employees will lose their jobs, and that the closures are part of a strategic shift to make bankers more nimble and meet the expectations of people accustomed to online transactions.
Indiana Senate approves sports betting, casino moves
The legislation would legalize sports wagering, let horse-track casinos add table games this year as opposed to waiting until 2021 and allow two Gary casinos to move.
Senators grill pharmaceutical CEOs about high drug prices
Tuesday's hearing marks the first time lawmakers have called the industry's top executives to account for rising prices.
U.S. appeals court clears AT&T’s $81B merger with Time Warner
The ruling by the U.S. Court of Appeals in Washington, D.C., came Tuesday in the high-stakes competition case, approving one of the biggest media marriages ever.
Reporter, fill-in anchor departs WISH-TV
Tennessee native Emily Kinzer said her exit after two years with the station and its “Daybreak” morning news program was “bittersweet.”
Bill to help Indy Eleven with stadium, boost funding for CIB passes Senate
The Indiana Senate passed legislation Tuesday morning that would boost funding for Indianapolis’ Capital Improvement Board, keep the Indiana Pacers in town for at least another 25 years and provide support for a dedicated soccer stadium for the Indy Eleven.
Allison Transmission’s sales, profit surge to annual record
Allison Transmission Holdings Inc. saw sales rise 10 percent in the fourth quarter, capping a record year for the Indianapolis-based manufacturer.
Developer plans $30M apartment project at former college site downtown
Milhaus’ 175-unit project, dubbed The Grid, will also include a 180-space parking garage and an enclosed outdoor courtyard with kitchen and lounge areas.
Anthem says bid to save Cigna merger was ‘cut off at knees’
Cigna Corp. officials did everything they could to sabotage a $48.9 billion merger with Anthem Inc., Anthem’s general counsel told a judge Monday.
Troubled Indiana virtual schools poised to lose charters
Two virtual schools were put on notice Monday night that their charters could be revoked after their authorizer alleged that thousands of enrolled students went semesters or sometimes years without earning any credits or even signing up for classes.
Airport sees second straight year of record passenger traffic
Growth in international airline traffic, fuller planes and the addition of 500 flights by Allegiant Air helped led to record passenger traffic at Indianapolis International Airport in 2018.
