Coil Apartments in Broad Ripple sold for more than $40 million
A Chicago-based private-equity firm acquired the grocery-anchored 151-unit complex from a partnership consisting of developers Browning Investments and Sheehan Construction Co.
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Longtime news anchor departs after 18 years at WRTV
Ericka Flye, who joined WRTV-TV Channel 6 in 2000, abruptly left the station last week under unexplained circumstances.
Former Centaur executives to acquire Gary casinos
The new company, called Spectacle Entertainment, announced Wednesday morning that it has agreed to acquire the company that owns casinos along Lake Michigan in Gary, and has plans to relocate both gaming licenses.
Commerce Department confirms 3.5 percent GDP growth in third quarter
The U.S. economy expanded at a solid 3.5 percent annual rate in the July-September quarter, led by lower but still strong consumer spending and more business investment than previously estimated.
UPDATE: Supreme Court weighs Indiana case on civil forfeiture
The U.S. Supreme Court left little doubt Wednesday that it would rule that the Constitution’s ban on excessive fines applies to the states, an outcome that could help an Indiana man recover the $40,000 Land Rover police seized when they arrested him.
Sports columnist Kravitz lands new job with sports website
Bob Kravitz, the longtime local sports columnist who recently lost his job with WTHR-TV Channel 13, will continue covering local sports in his new gig.
Auto-auction giant KAR buying European online-auction firm for at least $103M
KAR CEO Jim Hallett said the purchase of Belgium-based CarsOnTheWeb "will instantly anchor KAR in the international marketplace."
Angry over cutbacks, Trump threatens to end subsidies to GM
President Donald Trump threatened Tuesday to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the United States.
Vote postponed on controversial Broad Ripple apartment project
The developer of a proposed 164-unit apartment complex in the heart of Broad Ripple said it would consider going back to the drawing board in an effort to get the blessing of some area residents who have concerns about the project.
Indianapolis engineering service provider to relocate to Noblesville
Applied Intelligence Corp. on Tuesday received preliminary approval for tax incentives based on its plan to build a new headquarters in Noblesville.
Trump Medicare plan targets drugs from Eli Lilly, others
Makers of antidepressants and antipsychotics like Indianapolis-based Eli Lilly and Co., AstraZeneca, Pfizer, Allergan, Bausch Health and Otsuka Holdings might face new challenges and may be deterred from price hikes.
WISH-TV losing two morning news personalities
Station officials confirmed that reporter Brittany Lewis is departing, and several industry sources told IBJ that anchor Lauren Lowrey—who has been on maternity leave since late August—also is leaving.
Central Indiana existing-home sales show monthly increase
Sales and prices for existing homes were both on the rise in October in the 15-county area, according to the latest data from the MIBOR Realtor Association.
Leah McGrath: Who will carry the torch, guide the next generation?
We have become complacent in our quest to see the good, and there is still so much good.
John McDonald: The economics of click, ship and wrap
Business owners must shift their mindset and accept that using automation and technology advancements in warehousing and logistics is the only way to stay competitive.
Una Osili: We need more women in economics
Female economists have been shown to have different views from their male colleagues and support divergent policies.
Deborah Hearn Smith: More women are headed to Congress. Will it matter?
We cannot assume our issues will find champions.
Karen Celestino-Horseman: It’s time to reform Indiana’s redistricting process
In actuality, it takes a lot more time, money and effort to gerrymander than it does to draw compact, organized districts.
Ed DeLaney: The silent supermajority—how could things be better?
I predict a major case of inaction.
Claire Fiddian-Green: Three concrete steps to end Indiana’s tobacco epidemic
Years of data from across the United States show that, when the cigarette tax increases, consumption decreases.