USA Gymnastics bankruptcy might leave sex-abuse victims unpaid
In court filings, USA Gymnastics said it might not have the estimated $75 million to $150 million needed to settle lawsuits from dozens of claims from victims of Larry Nassar.
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Nexstar drawing interest in TV stations from several parties
As part of its $4.1 deal to acquire Tribune Media Co., Nexstar Media must sell TV stations in numerous markets to avoid regulatory problems. Those sales are almost certain to involve stations in Indianapolis.
Federal Reserve survey cites rising concerns about trade tariffs
The report, known as the beige book, found that optimism about the future had waned somewhat, with business contacts citing “increased uncertainty.”
Indianapolis manufacturer relocates to Whitestown
WYN Industries Inc. has relocated to Indianapolis Road in Whitestown in a move that will allow it to add 16 new employees.
For-profit college chain closes schools, including local Brightwood College
Birmingham, Alabama-based Education Corp. of America said it was closing campuses in more than 70 locations in 21 states.
St. Louis calzone shop set for downtown Indy, Carmel
The local operator liked the concept so much he convinced the owner to franchise it. Also this week: Rooster’s Kitchen, Capture Fitness, Pies & Pints, Agape Pizza, Dough Life, Indyo, Pots & Pans Pie Co. and Goodwill.
Indiana sees highest turnout for midterm election in 24 years
Voter turnout in Indiana’s Nov. 6 general midterm election hit its highest percentage since 1994, with more than half of elected voters casting a vote.
Editorial: City would benefit if Hogsett faces stiff re-election fight
It’s preposterous that Republicans find themselves in this predicament. There are plenty of issues on which Hogsett should be vulnerable, from last spring’s pothole catastrophe to his continued struggles to combat violent crime.
NATE FELTMAN: It’s time for us to act on talent initiatives
Legislature should view all matters that come before it in 2019 through a human-capital lens.
Letter: Civility is a virtue
Civility is seen as a vice instead of a virtue and creating an environment of xenophobia and nationalism to gain short term policy wins is unwisely lauded.
Letter: Democrats divide us by harping on diversity
True equality will never occur until we concentrate on electing the most qualified person regardless of sex, race or sexual preference.
Michael Farren & Anne Philpot: Indianapolis dodged the Amazon HQ2 iceberg
Many politicians and economic development officials see the ruse for what it is, but they feel trapped because every other city and state is doing it. Politically, they can’t risk letting their neighbors outcompete them.
Sheila Kennedy: Challenges to democracy come from within
Gerrymandering is a frontal assault on democracy. A pre-midterm electoral analysis from the Cook Report really brought home the extent of that assault: Just one out of 20 Americans lives in a competitive Congressional District.
USA Gymnastics files for Chapter 11 bankruptcy
The embattled Indianapolis-based organization filed a Chapter 11 bankruptcy petition Wednesday as it attempts to reach settlements in the dozens of sex-abuse lawsuits it faces and to forestall its potential demise at the hands of the U.S. Olympic Committee.
KIM: Break free from anchors, short-term focus to boost returns
The problem with anchoring is, it fails to recognize the extreme volatility inherent in stocks.
BOHANON & CUROTT: State sometimes benefits too much from civil forfeiture
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.
Newfields plans fall festival, more parking, culinary center with $8M Lilly Endowment grant
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.
High-profile software firm Mobi acquired by New Jersey firm
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.
Chatham Arch residential project set to move forward after legal battle
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.
After years of effort, 16 Tech innovation district finally starting construction
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.