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S&P upgrades rating on tax-supported Indianapolis bonds

December 27, 2018

S&P Global upgraded the city’s property-tax-secured bonds to AA+ from its previous rating of AA. 

Indianapolis-based trucking firm Celadon Group switches auditors

December 27, 2018

The move comes as Celadon works through a host of accounting and financial issues that were first announced in May 2017.

Colts unveil changes to cheerleader uniforms, programming

December 27, 2018

Nearly 65 years after introducing the NFL’s first pep squad, the Indianapolis Colts are making several changes to their cheerleading program amid the backdrop of the #MeToo movement.

U.S. consumer confidence slips amid volatile stock market

December 27, 2018

U.S. consumer confidence tumbled this month, but consumer spirits are still high by historic standards.

China says plans made for U.S. trade talks in January

December 27, 2018

Presidents Donald Trump and Xi Jinping agreed Dec. 1 to postpone more tariff hikes for 90 days while their governments negotiate over U.S. complaints that Beijing steals or pressures foreign companies to hand over technology.

Giant one-day stock rally met with hope, skepticism

December 27, 2018

One thing’s for sure, for investors who had been almost completely starved of good news all month, Wednesday brought it coursing back in a flurry.

ROUNDUP: Tinker Coffee buys larger space, plans to open cafe

December 26, 2018

The roastery’s new building is near 16 Tech. Also this week: JackRabbit, Derezzed Virtual Reality and Walmart pickup towers.

U.S. stocks rebound for record-setting day after dismal Christmas Eve

December 26, 2018

U.S. stocks surged Wednesday, recovering all their losses from a Christmas Eve plunge. The Dow Jones industrial average and S&P 500 both set single-day records.

National Bank of Indianapolis CEO retiring after 25 years at helm

December 26, 2018

President, chief executive and bank co-founder Morrie Maurer plans to retire Jan. 4, to be succeeded by a longtime executive within the organization.

No end in sight to partial government shutdown

December 26, 2018

Wednesday brings the first full business day after several government departments and agencies closed over the weekend due to a budgetary stalemate between President Donald Trump and Congress.

Cleanup set for 200,000 waste tires left at Indiana business

December 26, 2018

The Indiana Department of Environmental Management estimates cleaning up the reclamation site in Anderson could cost up to $262,000.

J.P. Morgan takes three former advisers who joined competitor to court

December 26, 2018

J.P. Morgan has won a preliminary injunction against three former employees in its Carmel office, who are accused of taking at least 20 clients with millions of dollars in assets to a competing firm.

Six newsroom employees at IndyStar take early retirements

December 26, 2018

Among the longtime newsroom employees who accepted buyout packages were well-known names in the local newspaper field, including editorial cartoonist Gary Varvel and writer Will Higgins.

Amazon has record holiday amid spending splurge by consumers

December 26, 2018

Consumers seemed to be merry this year despite a stock market that has tumbled, a government shutdown that is entering its fifth day and ongoing trade tensions with China.

New-home applications still rising in Indianapolis area

December 26, 2018

Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.

Federal board’s ruling paves way Nickel Plate Trail development

December 26, 2018

The Federal Surface Transportation Board has ruled in favor of a plan by Fishers and Noblesville to convert the Nickel Plate Railroad into a recreational trail, removing the last big legal hurdle faced by the project.

Federal board rules in railroad owners’ favor, pushing Nickel Plate Trail development forward

December 26, 2018

The Federal Surface Transportation Board last week issued three Notices of Interim Trail Use, which allows Fishers and Noblesville to move forward with converting the Nickel Plate Railroad into a trail, ending a lengthy federal process.

Business publication predicts 3.2 percent growth in Indiana in 2019

December 26, 2018

Indiana Business Review indicated that history suggests a decade-long U.S. and Indiana economic expansion may be coming to an end of its natural cycle.

Trump: ‘I can’t tell you when’ government will reopen

December 26, 2018

In a Christmas Day appearance in the Oval Office, President Donald Trump issued a lengthy defense of his desire for a wall, saying it's the only way to stop drugs and human traffickers from entering the country.

Probe of Indiana’s AG cost taxpayers at least $26K, records show

December 24, 2018

An investigation into allegations that Indiana Attorney General Curtis Hill drunkenly groped four women at a party last March cost taxpayers at least $26,300, according to records obtained through open records requests.

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