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.
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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.
Indiana lawmakers consider crackdown on unsolicited calls
Lawmakers are looking into toughening the state's regulations for telephone solicitation to combat unwanted, and often illegal, sales calls.
Local tech firm Emplify lands $7.5 million in venture capital
It’s the first round of growth capital secured by the company, which focuses on human resources-related software-as-a-service products.
For-profit educator Harrison College going out of business
Harrison, which was founded in Marion in 1902 as Indiana Business College, said it would close all of its campuses in three states on Sunday.
WISH-TV beefs up weekend schedule with extra news programming
WISH-TV Channel 8 plans to extend its weekend news coverage by a half-hour on Saturdays and Sundays, the station announced this week.
GOP plan would ban sitting, lying down on downtown streets, sidewalks
Proponents say the plan would curb panhandling, but critics say it would unfairly target the city’s homeless population.
IndyGo receives first of 13 electric buses to serve Red Line
IndyGo has already begun employee training and performance testing for the vehicles. One key question is whether the vehicles will achieve the expected range of 275 miles per charge.
Indy maker of dental analytics software sold to Atlanta company
The sale to True Nature Holding Inc. is expected to close by October. Neither party would say whether the Indianapolis operations would remain here.
CIB OKs $8.5M to upgrade Lucas Oil Stadium AV equipment
The Capital Improvement Board unanimously approved the deal, which will bring the technology up to today’s standards as well as include some enhancements requested by the Indianapolis Colts.
Education chief loses student loan lawsuit brought by 19 states
Education Secretary Betsy DeVos' move to delay Obama-era regulations to help students defrauded by for-profit colleges was dealt a setback Wednesday.
U.S. industrial production shows solid 0.4 percent gain in August
Factory production increased 0.2 percent last month, lifted by a 4 percent rise in the making of vehicles and parts. Automakers assembled vehicles at their strongest pace since April.
Congress passes spending deal, bids to avert government shutdown
Moving to head off a government shutdown that neither party wants, Congress has overwhelmingly approved a compromise spending bill and pledged agreement on a short-term bill to fund the government through early December.
Indiana gets $9M grant for students’ mental health needs
The five-year grant for the Indiana Department of Education was awarded through a Substance Abuse and Mental Health Services Administration program.
Posh Intercontinental Hotel part of $141M redevelopment plan for two downtown buildings
Keystone Realty Group is in line to receive financing help from the city for an ambitious plan that would overhaul two nearly vacant office properties near Monument Circle and bring a prestigious Intercontinental Hotel to Indianapolis.
Fishers budget for 2019 includes tax hike for Nickel Plate Trail, road work
If approved as presented to the city council, the budget call for raising the property-tax rate by 4 cents per $100 of assessed valuation for public safety and infrastructure work, including the controversial pedestrian trail.
Venture Club’s Innovation Showcase is a go
After InXInnovate LTD suddenly cancelled its local event this fall, the Venture Club of Indiana was forced to hustle to re-schedule their annual Innovation Showcase. With the help of The Heritage Group and other corporate supporters, it’s now set for October.