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.
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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.
Amazon paid no federal taxes on $11.2 billion in profits last year, according to group’s analysis
Thanks to a variety of tax credits and a significant tax break available on pay handed out in the form of company stock, Amazon actually received a federal tax rebate of $129 million last year, giving it an effective federal tax rate of roughly -1 percent.
IBJ Podcast: Chef Hardesty’s new SoBro project isn’t a traditional restaurant but you can get a meal there
Renown local chef Greg Hardesty talks about his plans to offer private dining, a coffee bar, pop-up meals and more—even a service to supply home chefs with hard-to-find ingredients.
Trump says he might extend deadline in U.S.-China talks
President Donald Trump said that “there’s a possibility” he would extend a March 2 deadline in trade talks with China if the two countries are closing in on a deal.
Panel pitches overhauls of Irvington properties, but without owner input
The out-of-town group hired by the city has suggested pursuing some big ideas for mixed-use and recreational developments, but it hasn’t talked with the owners of the properties in question.
FullBeauty Brands exits bankruptcy in record time, adds ‘transformation’ officer
Freshly emerged from what’s believed to be the fastest Chapter 11 bankruptcy case ever, online retailer FullBeauty Brands has hired a new executive to help the company reshape itself.
Indiana House panel shoots down bill to tighten oversight of huge farms
The panel voted 9-3 to defeat a bill that would have given the Indiana Department of Environmental Management more authority to deny permits to huge farms known as “confined feeding operations.”
Tirico named to host NBC’s inaugural coverage of Indy 500
Mike Tirico, who has built a reputation for covering some of the biggest events in sports, will take on the Indy 500 for the very first time as TV coverage switches from ABC to NBC.
Many steel tariffs waived even with tough trade talk
Hundreds of companies have received permission to import millions of tons of steel without paying tariffs. Two subsidiaries of Japanese companies, both in the suburbs of Indianapolis, had vastly different experiences with the waiver requests.
Payless ShoeSource to close all stores, report says
The chain, which is preparing to file bankruptcy for the second time in two years, has more than 50 locations across Indiana.
