Indianapolis car dealer charged in $7M international fraud scheme
Investigators from the U.S. Department of Justice say the 47-year-old owner laundered proceeds from the scheme through his dealership.
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Hoosier carnival pro buys back big amusement operation on the cheap
It’s been a bumpy ride for North American Midway Entertainment, which was sold in 2015 to a Connecticut-based buyer for $75.5 million. One of its former owners just bought it back for $23.5 million.
Investigators say volunteer fire department treasurer stole $238K
A review by the Indiana State Board of Accounts released Friday morning found that a former township fire department treasurer used the department’s money to pay for personal expenses related to youth hockey, phone and satellite TV services, and funeral expenses.
Local group converting former Phoenix Theatre building into condos
Plans for the historic structure in the downtown Chatham Arch neighborhood call for three condominiums priced at roughly $1.1 million each. Work is set to begin early next month.
Penske: Guarantee full-time drivers Indy 500 starting spots
Roger Penske has a very simple solution for the predicament the Indianapolis 500 created when one of its most popular drivers, James Hinchcliffe, was bumped from the field during qualifying.
Indiana convenience stores find new way around cold beer ban
The announcement on Thursday, ahead of the Memorial Day weekend, was the latest attempt to combat liquor stores’ exclusive right to sell cold carry-out beer in Indiana.
U.S. Senate candidate Mike Braun’s assets worth $35M to $96M
Democratic U.S. Sen. Joe Donnelly’s assets, on the other hand, are much lower and fall somewhere between $872,000 and $1.9 million.
Group launches east-side retail discount program
The free card offers discounts at 18 east-side establishments, mostly restaurants and shops. Also in Property Lines: new drinking and dining options on the south side; Valvoline adds to local footprint.
Roundup: Fishers borrowing $16.4M for Yard, plus Tex-Mex to open in Carmel, Denny’s in Whitestown
Progress on the multi-use, 17-acre Yard at Fishers District project is just beginning as funding for the project and more details about its retail tenants fall into place. Also coming soon: Chuy’s in Carmel, The OutHouse in Noblesville, and a free fitness court in Westfield.
Indiana’s largest beer distributor laying off 100 workers
Monarch Beverage Co. expects the job cuts to occur by Sept. 1, when the Indianapolis-based wholesaler will pull out of the wine business by closing its $67 million-a-year wine distribution business.
Emails show deception by Nassar, USA Gymnastics
USA Gymnastics agreed to use false excuses in 2015 to account for the absence of sports doctor Larry Nassar, according to emails.
Orthopedics distributor eliminating 70 jobs in Indianapolis area
Employees have been notified that their jobs will be eliminated in phases beginning in August and concluding Oct. 31.
Danville brothers revving up communications software firm at IMS
Kerauno, an Indianapolis-based startup, signed a deal with Andretti Autosport this year to help the IndyCar team better communicate with its sponsors, hospitality guests and other corporate partners and fans through a variety of electronic means.
Indianapolis medical device firm plans $26M HQ in Whitestown
An Indianapolis-based company that makes handheld medical testing devices plans to move its 150 employees to a new headquarters in Boone County, where it will hire an additional 50 to 70 workers.
Gene therapies that could transform diseases get easier FDA path
New therapies that could cure diseases caused by defective genes will get quicker approval from U.S. regulators, part of an effort by the Food and Drug Administration to keep pace with one of biotechnology’s fastest-growing fields.
Target revamps Indianapolis distribution center
Also: Drybar, Tavern at the Point, Russell Provisions and Huse Culinary
EXPLORE: Swimming macaques join fellow primates at Indianapolis Zoo
A gang has taken over the former polar bear spot at the Indianapolis Zoo—and the members are nothing like the former resident.
MIKE LOPRESTI: Stevens on brink of joining exclusive group of Hoosiers
Celtics coach poised to put his name next to others from Indiana who’ve reached NBA Finals.
Q&A with race team owner George Steinbrenner IV
George Steinbrenner IV, grandson of the former New York Yankees owner, owns a team in the IndyCar feeder series Indy Lights.