SEC’s $300,000 ITT settlement leaves trail of questions
The modest settlements might suggest the SEC concluded its case wasn't that strong or that it would be difficult to explain to a jury.
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Embattled attorney general Hill hires former TV anchor for communications post
Attorney General Curtis Hill, who is under fire over allegations that he inappropriately touched four women at a bar, has hired a former TV reporter and anchor who worked 26 years in the Indianapolis market.
Ex-Louisville players sue NCAA over vacated national title
The Indianapolis-based NCAA stripped the University of Louisville of the title as part of sanctions for violations discovered during an escort scandal investigation.
HAHN: Target-date funds are not a cookie-cutter investment
Many investors just pick a fund, or use the 401(k) default, and hope for the best. Understanding the terminology and approach of target-date funds will help minimize investment surprises.
Woman posthumously wins $219K fair-housing suit against Indy landlord
An Indianapolis landlord has been ordered by a federal judge to pay nearly $220,000 for discriminating against and trying to evict a now-deceased woman who was recovering from an injury.
IPS could reduce potential tax request by half-billion dollars, consultants say
In a plan unveiled Wednesday, the Indy Chamber is proposing sweeping cuts to save Indianapolis Public Schools nearly $500 million over eight years—and drastically slash the amount the district would seek from taxpayers in referendums.
Anthem drops plan to rip up front lawn for executive parking
The Indianapolis-based health insurer said that after considering public feedback, it decided “to pursue an alternative solution to meet its parking needs.”
Trump administration slashes Obamacare sign-up assistance
The Centers for Medicare & Medicaid Services on Tuesday announced steep funding cuts for sign-up assistance through state-based programs called “navigators.”
Purdue breaks single-year fundraising record with $451M in gifts
It was the first time gifts to the university exceeded $400 million in one year. Purdue brought in another $454.5 million for sponsored research, an increase of about $36 million from the prior year.
Court: Indianapolis isn’t obligated to pay police officer’s legal fees
A federal appeals court says Indianapolis doesn't have to pay the legal fees of a police officer who successfully defended a lawsuit accusing him of negligence.
Pacers Gaming ranks No. 13 at mid-season but boasts fan support in NBA 2K League
The team’s strong online following is more important to the Pacers brand than racking up wins on the virtual hardwood.
Former Mainscape CEO sentenced in nursing home kickback scheme
David Mazanowski, founder and former CEO of the Fishers-based landscaping firm Mainscape Inc., was the fifth and final person to be sentenced in the $19 million kickback scheme involving Indiana nursing homes.
Little League, home builder halt plan for Zionsville HQ development
Little League International said it “believes it’s in everyone’s best interest to pursue other options for the development of the Little League Central Region Headquarters.”
Indiana program to provide schools with free metal detectors
Gov. Eric Holcomb's office announced Monday that all traditional public, charter and accredited non-public schools that want the devices for detecting weapons will be eligible for one device for every 250 students enrolled.
Local technology firm lands $5.5 million in venture capital
PactSafe, an Indianapolis tech firm that offers clients a cloud-based contracting platform, said the infusion of capital will allow it to add up to 20 employees by year’s end.
Schlotzsky’s plots return to Indianapolis market with fresh concept
After leaving more than a decade ago, it’s returning with a new business model and new concept. Also this week: Buffalo Wings and Rings, Tie Dye Grill, The Donut Experiment, and Tony’s Steaks and Seafood.
Butler University unleashes building spree, beautification
The $45 million Lacy School of Business building is the cornerstone of a campus transformation costing nearly $250 million that the private school launched following President James Danko’s arrival in 2011.
Local distillery raises $2M, beefs up exec team for expansion plan
Hotel Tango Artisan Distillery said the investment funds will be used for a multistate distribution expansion and strategic brand-marketing support.
Andrew Ireland: Korea plays foil to China relations
Whatever their next steps might be, President Trump and his team must continue to strike a delicate balance between engagement and pressure when dealing with the world’s second-largest economy.
Special prosecutor to decide if AG Curtis Hill will face criminal charges
Marion County Prosecutor Terry Curry said Tuesday afternoon that a special prosecutor will be appointed to help assist the Office of the Indiana Inspector General in an investigation of the groping allegations against Attorney General Curtis Hill.