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USA Gymnastics hires NBA exec Li Li Leung as new CEO
Leung, the fourth person to lead the gymnastics organization in the last two years, most recently was vice president of global partnerships for the NBA.
Security products company Allegion reports rising revenue, profit
The company, which is based in Ireland but has its Americas region headquarters in Carmel, reported a higher quarterly profit than analysts had expected.
Columbia Club launches $3M campaign for interior, rooftop revamp
The private club has been ensconced in its current home on Monument Circle since 1925. The high-end upgrades to its interior and amenities, including a wine vault and co-working space, are aimed in part at attracting new—and younger—members.
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Lawmakers move to eliminate ‘growth-only’ grades for all schools, not just those in IPS
The more generous scale has boosted IPS’ performance as it launches a new strategy of partnering with charter operators, by allowing some innovation network schools to earn high marks despite overall low test scores.
Among 1 percent earners, where are all the women?
Women earn enough on their own to qualify for 1 percent status in just one of every 22 top-earning households, new research shows. The gap hasn’t narrowed for at least 20 years.
Amazon aims to cut its carbon footprint
The online retail giant announced plans Monday to make half of all its shipments carbon neutral by 2030.
Vision for Nickel Plate Trail in Fishers includes rec center, playgrounds, reading nooks, plazas
Fishers intends to start construction on the first section of the trail, from 106th Street to 126th Street, later this year.
House Republicans focus on child services, education in two-year, $34.6B budget
The spending plan includes the additional $286 million per year requested by the Indiana Department of Child Services, covers increases in Medicaid costs, and hikes K-12 spending by 2.1 percent in 2020 and 2.2 percent in 2021, which is slightly higher than the 2 percent annual increase suggested by Holcomb.
Time’s running out on bill to restore ‘certificate of need’ process for hospitals
A push to curb hospital construction in Indiana by bringing back the review process appears doomed for this legislative session, but the issue of rising health care costs could be headed to a summer study committee.
Fishers firm buys Joe’s Crab Shack site in Clearwater with plans for new HQ
A real estate developer has purchased the former site of the seafood eatery and applied for a property tax break from the city of Indianapolis on its planned $1.6 million renovation.
Indiana Senate committee moves bias crimes bill forward
After more than three hours of testimony and discussion on Monday morning, the Senate Public Policy Committee voted to send the bill to the full Senate for consideration.
Cumulus plans to move Entercom radio studios but keep formats for now
Listeners won’t immediately detect changes at top 40 WZPL-FM 99.5, adult contemporary WNTR-FM 107.9 and sports-talker WXNT-AM 1430, which Cumulus media has agreed to acquire.
CNO Financial posts fourth-quarter profit but full-year loss
The Carmel-based insurance holding company said last week that a previously reported third-quarter transaction hurt its full-year financial results.
Lilly, other insulin makers must face price-gouging lawsuit, judge rules
The suit accuses the companies of raising insulin sticker prices by more than 150 percent over five years, forcing diabetics to forgo the drug, take less insulin than needed or use expired versions
Indiana Dunes becomes state’s first national park
The Dunes were initially recommended to become a national park in 1916, because of their biological diversity and geological features.
Hundreds of companies excused from steel tariff, analysis shows
Two Indianapolis-area subsidiaries of Japanese companies are among hundreds of firms granted permission to import millions of tons of steel without paying the hefty tariff President Trump put in place to protect U.S. manufacturers and jobs.
Year gets off to slower start for Indianapolis-area homebuilders
A slowdown in home construction that began in central Indiana in late 2018 continued into the new year.
