Bidders on state park’s concert stage upgrade go wide of mark, delaying work
New restrooms will be ready for concertgoers at the Farm Bureau Insurance Lawn, but a key portion of the venue’s two-year, $27 million revamp must wait until 2020.
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Black Friday breathing life back into no-interest auto loans
The share of U.S. vehicle sales financed with zero-percent loans has been shrinking, but several automakers are rolling out no-interest loans for Black Friday.
Turbulent stock market spooks some older workers, retirees
Volatility has sparked concern with some investors, particularly the group that was hit particularly hard during the most recent financial crisis.
National bridal retailer files for Chapter 11 bankruptcy
David’s Bridal, a 68-year-old retailer with more than 300 stores, including two Indianapolis-area shops, filed for bankruptcy Monday, with a plan to cut debt by more than $400 million.
Bloomberg donates record $1.8 billion to alma mater
The contribution—the largest ever to any education institution in the United States—will allow Johns Hopkins to eliminate student loans in financial aid packages starting next fall.
Pence’s sharp China attacks fuel fears of cold war dividing Asia
Vice President Mike Pence said the U.S. wasn’t in a rush to end the trade war and would “not change course until China changes its ways”—a worrying prospect for a region heavily reliant on exports.
IBJ Podcast: Rethinking downtown Indy’s interstate highway system
Podcast host Mason King talks with Rethink 65/70 member Paul Knapp, the CEO of Young & Laramore, about the group’s plan to put parts of the highway below grade. Then he talks with INDOT spokesman Scott Manning and HNTB’s Kia Gillette about whether the state will consider Rethink’s ideas.
Indiana lawmakers draft hate-crime legislation for 2019 session
The draft covers bias-motivated crimes based on race, religion, color, sex, gender identity, disability, national origin, ancestry and sexual orientation.
36-year-old political ‘veteran’—now Pence’s press secretary—eyed for Trump chief of staff
Trump is said to have warmed to Nick Ayers in part by watching the effectiveness of Pence’s largely independent political operation.
USA Gymnastics chief operating officer Ron Galimore resigns
USA Gymnastics did not comment on the move Friday beyond saying in a statement that its board accepted the resignation and wished Galimore “well in his future endeavors.”
Fed report shows farm income on the decline
The Fed says the third-quarter report released this week was the 19th straight survey in which most bankers indicated that farm income was on the decline.
Another gay Roncalli counselor alleges discrimination at school
A 39-year employee filed a discrimination charge Friday with the Equal Employment Opportunity Commission against Roncalli High School.
Indiana casket plant with 200 workers to close in 2019
Matthews Aurora Funeral Solutions announced Friday it will close its Richmond plant and move work to two other locations.
Democrats to seek major hike in City-County Council pay
Democrats on the Indianapolis City-County Council are planning to introduce a proposal next week that would nearly triple council salaries—the first pay hike for members since 2002.
Longtime exec Galimore resigns from embattled USA Gymnastics
USA Gymnastics Chief Operating Officer Ron Galimore resigned Friday, the latest high-profile departure for the organization in the wake of the Larry Nassar scandal.