French Lick Resort plans $17 million expansion project
The six-story addition will add 56 guestrooms and a sports bar to the southern Indiana tourist destination.
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SEC charges local investment adviser, a former math teacher, with fraud
The complaint alleges that the former middle school math teacher “took advantage” of current or former teachers and other workers in public education by selling them “extremely risky securities” that brought her commissions worth $2.5 million.
Republicans delay Kavanaugh vote for hearing on assault accusation
Republicans on Monday abruptly called Supreme Court nominee Brett Kavanaugh and the woman accusing him of sexual assault more than three decades ago to testify publicly next week.
Indiana governor’s proposed toll road hike criticized for secrecy
A proposed fee increase on heavy-duty commercial vehicles that use the Indiana Toll Road was negotiated without legislative involvement and with considerable secrecy, according to some Indiana lawmakers.
Indiana, Manitoba officials sign agriculture agreement
Government officials are pledging to work closely, particularly on matters of trade, agriculture research and investment.
Council panel OKs $16.7M in financing for $141M in Keystone Realty projects
Keystone Realty Group’s plan to spend $141 million on two high-profile downtown redevelopment projects passed a hurdle Monday night as an Indianapolis City-County council committee unanimously approved $16.7 million in financing to help fund the project.
Donnelly among those calling for Kavanaugh vote delay
Indiana Sen. Joe Donnelly was among Democrats who said a planned vote should be postponed on President Donald Trump's Supreme Court nominee until Congress has time to review sexual misconduct allegations.
Maryland plans to appeal EPA denial of petition involving Indiana plants
Maryland contends the power plants in Indiana, Kentucky, Ohio, Pennsylvania and West Virginia are violating the “good neighbor” provision of the Clean Air Act.
Tech firm Sigstr secures $4 million growth capital investment
The investment round was led by Edison Partners. Funds will be used to advance new product development and enterprise market adoption, Sigstr officials said.
TriMedx nearly doubles workforce with $300M acquisition
The Indianapolis-based company, which manages and services medical equipment for hospitals, is picking up about 1,500 workers with acquisition of Aramark’s health care business.
Drury plans to demolish Caribbean Cove hotel/water park, build new inn
The mammoth hotel and conference center abruptly closed last year, leaving a huge hole in the Michigan Road corridor south of I-465. Drury Hotels wants a tax break from the city for its plans to fill it.
Former racer Sarah Fisher, partners acquire south-side kart track
A team including former IndyCar driver Sarah Fisher purchased the aging track in a last-ditch effort to prevent the property from being bulldozed.
Competitor beats Lilly to market with migraine drug approval
The competition for the multi-billion dollar migraine market is set to heat up with the FDA expected to decide on Lilly’s migraine therapy next month.
Report: Machines to handle half of workplace tasks by 2025
A major challenge will be training and re-training employees for a world in which the majority of workplace tasks in existence today will be performed by machines or algorithms.
DowDuPont names leaders for Corteva Agriscience, DuPont
The Corteva Agriscience spinoff, which includes the local operations of the former Dow AgroSciences unit, employs about 1,500 workers in Indianapolis.
Salesforce CEO Benioff acquires Time magazine for $190 million
The purchase of Time by Marc Benioff continues a trend of acquisitions of old-line media institutions by wealthy tech giants.
New Bon-Ton owner has no plan to reopen Carson’s store in Circle Centre
Merrillville-based CSC Generation Holdings Inc., which acquired Bon-Ton’s intellectual property in bankruptcy court, said Indiana was not part of its initial plan to reopen stores.
IBJ Podcast: The grape experts behind Indiana’s wine resurgence
IBJ Podcast host Mason King talks to two of them — Bruce Bordelon and Jill Blume — about Indiana’s wine industry, what makes it special and what to expect in the future.
New report moves Indiana out of top 10 fattest states
Of course, Indiana’s improved ranking doesn’t necessarily mean Hoosiers are slimming down, and could simply reflect that other states are getting worse.
Indiana booze study commission unlikely to call for big reforms
A state task force conducting an in-depth review of Indiana's alcohol laws is likely to conclude its two-year study without taking a position on cold beer sales.