Indiana child welfare agency to spend $22M on raises
The raises that will take effect Wednesday for more than 3,600 employees, or about 87 percent of the agency's staff.
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Sears files for bankruptcy just as things are looking up for retail
With shoppers feeling more free to spend and nicer shopping malls on the upswing, bankruptcy is a clear sign of individual weakness, not an industry trend.
Manufacturer closing Muncie firm, laying off 130 workers
Less than three years after acquiring a manufacturer of metal components with operations in Muncie, JD Norman Industries Inc. has decided to close the facility and terminate its 130 employees in December.
Elanco shares lowest since IPO after failing to get consensus buy rating
Shares in Elanco Animal Health Inc. slipped as much as 3.3 percent Monday morning after lead managers and other banks involved in its recent initial public offering started coverage on the animal health company.
Supreme Court asked to review abortion law signed by Pence
Indiana is asking the U.S. Supreme Court to hear arguments over a law that bars women from having an abortion based on gender, race or disability.
Last remaining local Sears, Kmart stores set for closure
Sears Holdings announced it was closing 142 more stores as part of Monday’s Chapter 11 bankruptcy reorganization plan.
Donald Trump Jr. coming to Indiana to campaign for Braun
Trump Jr., who took over the Trump Organization with his brother Eric after Trump won the 2016 election, has been campaigning for Republican candidates in close races across the country.
Sears files for Chapter 11 bankruptcy amid plunging sales, massive debt
Given Sears’ sheer size, the bankruptcy filing will have wide ripple effects on everything from already ailing landlords to its tens of thousands of workers.
IBJ Podcast: Developing a downtown neighborhood from scratch
Ambrose President Aasif Bade is mum about Amazon but explain the new name for the project, when site preparation could begin and why the riverfront is so important to the project.
Charity gaming laws might face changes in legislature
Rules that prevent organizations from providing even small compensation to the volunteers running their charitable games make it hard for these all-volunteer groups to stay in business.
Former Congresswoman Mary Bono hired as USA Gymnastics’ interim CEO
Bono has a background in the sport and spent 15 years as a U.S. Representative from Southern California.
Biden, Pence rally Indiana voters in fierce Senate race
Former Vice President Joe Biden headlined an event for Sen. Joe Donnelly in Hammond on Friday night, while current Vice President Mike Pence supported Republican challenger Mike Braun in Indianapolis.
Purdue awards Daniels $210K in bonuses, bringing total pay to $830K
The total figure represents an 8 percent increase over the university president’s pay in 2017. It includes a $200,000 retention bonus.
Downtown steakhouse closes after parent company’s bankruptcy
Downtown’s jam-packed steakhouse scene has become a little less crowded after the closure of an upscale player that debuted in Indianapolis in 2017.
Purdue signs contract extension with basketball coach Painter
In 13 seasons at Purdue, Matt Painter, 48, has compiled a 295-149 record with 10 NCAA Tournament appearances, two Big Ten Conference championships and a Big Ten Tournament title.
Celadon investors agree to settle class-action suit for $5.5M
The settlement, which is awaiting court approval, would resolve suits brought by several parties over financial-reporting issues that have plagued Celadon for at least four years. The plaintiffs expressed concern that the company would go bankrupt before any recovery could be made.
Rethink 65/70 coalition not fully satisfied with state’s latest rebuild plan
The group says the revised plan for the north-split interchange falls short on increasing connectivity between neighborhoods separated by the interstates, and boosting economic development opportunities.
Citizens floats 27 percent hike in sewer rates, 2 years after previous increase
State regulators approved a 30 percent increase from Citizens in 2016. The utility now says it needs to raise rates to continue funding its massive DigIndy tunnel system project.
Retailers up their game to fill void left by Toys ‘R’ Us closures
Retailers including Walmart, Target and Party City are trying to grab a piece of the nearly $3 billion left on the table by Toys “R” Us, or 12 percent of the U.S. toy market.
Carmel teams with Steinbach on new attraction for German holiday market
Carmel Christkindlmarkt organizers say the 33-foot-tall, lighted “pyramid” will be the largest of its kind in America. It is expected to be a popular feature at the upcoming Carmel Christkindlmarkt.
