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Economists view fines, forfeitures, jail sentences or other sanctions as a “price” imposed on undesirable activity. But if the price is too high, punishment becomes disproportionate to the crime.
The improvements are part of a masterplan that aims to bring hundreds of thousands more visitors to the complex, which includes the Indianapolis Museum of Art.
The buyer, Tangoe Inc., said Mobi’s offices will remain in Zionsville and will serve as headquarters for the combined company’s managed mobility services, operations.
The Indiana Supreme Court declined to consider a case that was delaying the proposed redevelopment of the 800 block of North East Street. The project includes more than 50 condominiums, retail space, townhouses and single-family homes.
Developers of 16 Tech—a consortium of offices, laboratories, housing and retail space—believe the campus will become a powerful economic engine by fostering collaboration and innovation.
The recommendation could raise costs for Amazon and other major businesses that are currently using the Postal Service to supplement their delivery operations.
In an order issued Tuesday, the Supreme Court noted the decision to form the commission was driven by Indiana’s falling bar passage rates. The overall pass rate for the July exam fell from 82 percent in 2008 to 65 percent in 2018.
The software-as-a-service company, launched Wednesday, will be led by well-known local tech executive Scott McCorkle.
The Democrat, who was elected to his first term in 2015, told IBJ that he has decided to seek another term in an effort to “continue moving the city in the direction we’ve already begun.”
The Dow Jones industrial average sank almost 800 points Tuesday as investors worried that a U.S.-China trade truce reached over the weekend wasn't all it was cracked up to be.
The endowment said Wednesday it would fund 17 ideas across the city as part of its one-time Strengthening Indianapolis Through Arts and Cultural Innovation program.
State lawmakers are discussing ways to increase oversight of the Indiana Toll Road after the governor's recent plan for steep fee hikes on the road was approved with no involvement from legislators.
Lawmakers have expressed support for increasing teacher pay in the next two-year budget, but the size of Jennifer McCormick’s request could be much more than what’s available.
More than a dozen residents have expressed formal opposition to Fishers’ 2019 budget because of a tax increase related to the proposed Nickel Plate Trail, sparking a public hearing in front of the Indiana Department of Local Government Finance.
The Microsoft Airband Initiative will now be in 25 states by this time next year, more than doubling the program’s original reach and adding states including Indiana.
U.S. farmers are pleased that Donald Trump and Xi Jinping agreed to a trade truce, but they’re not rejoicing just yet.
The two properties straddling the Castleton and Lake Clearwater areas recently received slick updates from their previous owner.
The overall graduation rates for athletes on bowl-bound FBS football programs continues to climb, though the disparity in the rates between white and African-American players widened slightly, according to a study released Monday.
The Hamilton County Commissioners have asked state police to investigate claims that the treasurer’s office dodged fees for family members who made late property tax payments after a former employee filed a lawsuit alleging the practice.
A dozen states are suing an Indiana company over a data breach that compromised information of more than 3.9 million people.
