Suitor for IndyStar’s parent company known for ‘milking’ newspapers
Alden Global, which is taking aim at the Gannett newspaper chain, is run by a hedge fund exec known in some circles as “the Gordon Gekko of newspapers.”
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Lawmakers to consider more oversight of pharmacy-benefits middlemen
Two bills going through the Indiana General Assembly would give the state more tools to scrutinize the powerful pharmacy-benefits managers who negotiate drug prices and help set customer prices.
Gov. Holcomb says ‘what’s next’ could be soccer stadium
The Republican governor did not take a position on an Indy Eleven plan to have state and local taxpayers fund a new stadium, but he said officials always need to embrace the future.
Trump rejects suggested short-term government shutdown fix
Leaving the White House for a trip to New Orleans, Trump said he had dismissed the proposal from Republican Sen. Lindsey Graham to reopen for several weeks and continue dealing with Democrats over Trump’s long-promised wall on the U.S.-Mexico border.
Indiana lawmakers look at charity gaming regulations
The bill would allow for higher prize payouts and more not-for-profits to offer charity gaming.
Indy Eleven names broadcasting executive as new CEO
Stremlaw, a Boston native, comes to Indy Eleven from the Canadian Broadcasting Corp., where he oversaw the group’s sports coverage, including the Olympics and other high-profile events.
Prosecutors want 6-1/2 year sentence for former Merrill Lynch adviser Thomas Buck
Merrill Lynch terminated Buck in 2015, citing “loss of confidence” in him after 34 years at the firm.
Veep Pence tested in role of messenger for Trump policies
The vice president has been one of the administration’s most visible emissaries during the shutdown fight, meeting with lawmakers, sitting for interviews and leading staff-level talks. But he’s been repeatedly undermined and contradicted by his boss.
Tight-fisted Digital First makes bid for IndyStar owner Gannett
Gannett's board said it will "carefully review the proposal," which values the company at $12 a share, a 23 percent premium to Gannett’s closing price on Friday.
IBJ Podcast: What will The Mind Trust’s big infusion of cash mean for Indy schools?
The Mind Trust CEO Brandon Brown sat down with host Mason King to explain the group’s mission, its cooperation with Indianapolis Public Schools and how the new funding will help it ramp up its work.
Kansas City tramples Colts to end Indy’s comeback season
Quarterback Andrew Luck could never get the Colts’ offense going and Adam Vinatieri missed two kicks as the Chiefs win 31-13.
Shutdown update: Trump says he’ll sign off on back pay for federal workers
The partial government shutdown stretched into its 21st day on Friday, tying the record for the longest. Judges, law enforcement officers, NASA engineers, weather forecasters and office staff were among some 800,000 federal workers who missed their first paychecks.
Indiana attorney general accuser seeks easier removal path
An Indiana legislator who says she was groped at a bar by state Attorney General Curtis Hill wants to make it easier to remove some state officeholders from their positions.
Indy Eleven downplays Broad Ripple High School as potential stadium site
The Indy Eleven has expressed interest in the former Broad Ripple High School site as a potential location for its proposed stadium development, but the team tapped the brakes on that possibility Friday, noting it is continuing to evaluate multiple options.
U.S. restaurant prices experience largest jump since 2011
Full-service restaurants, facing higher labor and food costs, raised prices by the largest amount in more than seven years in December, a Labor Department report released Friday shows.
Trump eyeing citizenship path in worker visa program
President Donald Trump said his administration is looking at changing a foreign worker visa program to include a more direct path to citizenship, as he wrestles with Democrats in Congress over funding for his border wall.
Local accounting firm sanctioned by feds, pays $102K penalty
The U.S. Securities and Exchange Commission has accepted settlement offers from Katz, Sapper & Miller—the area's largest locally based accounting firm—and one of its partners for what the SEC described as "improper professional conduct."
U.S. companies to gain staunch defender in Trump’s DOJ pick
President Donald Trump’s choice to lead the Justice Department comes with a track record that signals he could take a softer stance in policing mergers and promote a more business-friendly approach to prosecutions.
Longtime CIB leader Levengood announces retirement
Nearly 30 years after coming to Indianapolis to head the city’s convention efforts, Barney Levengood is retiring later this year.
IPS board aims for a quick search process to select the new superintendent
The board hopes to announce a formal process for selecting a superintendent next week. Ideally, it would like to conclude the search around March without using an outside firm.