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IU Health People Mover train to shut down indefinitely
The health system said the 15-year-old elevated train service needs major maintenance, but did not say whether the system would ever return to service.
Scotty’s Brewhouse to close four locations as part of bankruptcy
The parent of Scotty’s Brewhouse filed for Chapter 11 bankruptcy protection late Tuesday in Indianapolis. It plans to shut down four of its 17 locations, including two local restaurants.
Health law sign-ups lagging as Saturday’s deadline looms
A status report Wednesday from the Centers for Medicare and Medicaid Services showed nearly 20 percent fewer new people signed up than at about the same time last year.
Six arrested in 2011 killing of former Indianapolis banker
Federal authorities announced Wednesday that they have solved the high-profile orchestrated killing of a former Indiana banking executive who was shot to death more than seven years ago while driving home from work.
BioCrossroads chief Johnson stepping down to lead parent group full time
David Johnson, who has led the life science advocacy and investment group for 14 years, will take over full-time leadership of the Central Indiana Corporate Partnership in 2019.
Former ITT Tech students get $600M in debt relief from bankruptcy judge
A federal bankruptcy judge in Indianapolis has given final approval to a $600 million settlement that will affect about 750,000 former students of ITT Technical Institute
Lake resort planned for site near Strawtown Koteewi Park
Strawtown Property Management LLC wants to build a resort featuring cabin rentals, campsites and an event center.
State incentives help keep FFA convention in Indianapolis through 2031
Under an agreement with the state, FFA will receive $500,000 annually over the seven-year extension, which will help pay for convention-related expenses.
Celadon CEO Svindland recovering after brain surgery
CEO Paul Svindland is recovering at home following surgery last week to remove a benign brain tumor, the Indianapolis-based trucking company said Tuesday.
Toronto firm adds to Indianapolis holdings with two apartment acquisitions
Emma Capital Investments Inc., which entered the Indianapolis market earlier this year, has acquired apartment complexes on the city’s north and northeast sides totaling 496 units.
IEDC reports another record-setting year for job commitments
The state’s lead economic development agency on Tuesday said that it has already surpassed last year’s annual record for job commitments.
Indianapolis wins bid to host FFA convention through 2031
The National FFA Convention & Expo says the event, which draws nearly 70,000 visitors, had an estimated economic impact of $39.8 million when it was hosted here this year.
Broad Ripple nursery owner says nearby redevelopment played role in closure
Weaver’s Lawn & Garden recently closed after 57 years in business. The property owner said he is considering his options for the land.
Educators say Indiana lawmakers shouldn’t delay action on teacher pay
Educators and advocates are pushing state leaders to take action this year to raise teacher compensation—not to wait for additional research, as Indiana Gov. Eric Holcomb proposed last week.
Facing pressure, McConnell agrees to criminal justice vote
If the legislation passes, it could be a rare bipartisan policy achievement for this Congress and the largest criminal sentencing overhaul in decades.
Christmas tree farmers combat popularity of artificial trees
Between 75 percent and 80 percent of Americans who have a Christmas tree now have an artificial one, and the $1 billion market for fake trees is growing at about 4 percent a year.
Monthly wholesale prices indicate U.S. inflation in check
U.S. wholesale prices barely rose last month, suggesting inflation pressures have subsided since late last year.
Circle City Industrial Complex lands big loan for updates
The old industrial building, which has about 130 tenants, has been in redevelopment mode since 2015.
Spirit Airlines to launch operations at Indianapolis International
Fast-growing national low-cost carrier Spirit Airlines plans to begin operations in Indianapolis next year, beginning with nonstop flights to and from three destinations.
