Transportation agency director to retire
Lori Kaplan, executive director of the Central Indiana Regional Transportation Authority, has led the organization two years.
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Indy Tire & Auto Service takes on new name
Indianapolis-based Indy Tire & Auto Service has a new name: Best-One of Indy.
Cushman & Wakefield names new office leader
Timothy Michel assumes the role of managing principal from Chris Yeakey, who had served in the position since November 2015.
Invesque picks up 14 medical office buildings in $142M deal
The deal includes a portfolio of 545,000 square feet of medical office space in New York, Florida and Canada, occupied by more than 400 physicians’ practices.
Governor aims for more apprenticeships with new state office
The Office of Apprenticeship and Work-Based Learning is expected to work with the U.S. Department of Labor to expand apprenticeship opportunities throughout the state, especially in emerging industries, according to the executive order Gov. Eric Holcomb signed Thursday.
Olympic star Raisman files suit against USOC, USA Gymnastics
The suit by Aly Raisman alleges negligence by U.S. Olympic Committee and Indianapolis-based USA Gymnastics for failing to make sure appropriate protocols were followed in regard to monitoring serial sex offender Larry Nassar.
iHeart Media on verge of filing bankruptcy
The San Antonio-based company would be the second major radio station owner in the Indianapolis market to file for Chapter 11 in recent months. Atlanta-based Cumulus Media filed in November.
Trump sparks talk of trade war by ordering big tariffs on steel, aluminum
Ordering combative action on foreign trade, President Donald Trump declared Thursday that the United States will impose steep tariffs on steel and aluminum imports, escalating tensions with China and other trading partners.
Nation’s largest voucher program sees slowing growth
Now in its seventh year, Indiana’s voucher program expanded by slightly more than 1,000 students in the 2017-18 school year
Mounds Mall in Anderson closing after 53 years in business
The very first enclosed shopping center developed by mall giant Melvin Simon & Associates is shutting down at the end of the month. The looming closure of anchor tenant Carson’s was the last straw for the struggling property.
More concerns raised about Indiana’s child welfare agency
The Indiana Department of Child Services faces serious challenges, according to preliminary findings released in a report Thursday by a state consultant.
Indy Council panel OKs spending $14.5M to address emergency road repairs
The proposal, which will be voted on by the full council March 12, calls for using emergency funds to fix many of the city’s pothole-littered roads.
Carmel’s apartment market cooling down, report shows
An abundance of new apartments are opening in Carmel, which is causing a slight decrease in average rents.
Senate panel backs control shift on troubled Indiana schools
The state of Indiana would further insert itself into the management of local schools under a sweeping piece of legislation that was approved Thursday by a Senate panel.
Appirio co-founder stepping down as CEO to shape culture at parent firm
Twelve years after co-founding Appirio Inc., Chris Barbin is leaving his role as CEO of the cloud consulting firm based in Indianapolis. But that doesn’t mean he’s retiring.
KAR still determining headquarters for proposed spinoff
Carmel-based KAR Auction Services Inc. denies that a decision has been made on the headquarters location for the auto-salvage business it plans to spin off into a separate publicly traded company.
Angie’s List becomes largest tenant in renovated downtown building
As part of its local downsizing, Angie’s List has signed a lease to occupy four floors of a historic downtown building, becoming the largest tenant in the 12-story office tower.
Developer lands tax credits to help save historic church
The local developer has been awarded nearly $900,000 in incentives for a senior housing project in Cumberland that will be built near the church, which was once slated for demolition.
Ricks makes $14.4 million in first year as Eli Lilly CEO
Eli Lilly CEO David Ricks’ first year in charge was marked by a wave of activity, including a huge corporate restructuring. The company’s stock price climbed about 6.2 percent during the year.
Kite Realty nixes plan for movies-and-bowling venue in Carmel
Kite Realty Group Trust’s plan to bring a Frank Theatres CineBowl entertainment venue to help fill big vacancies at Hamilton Crossing Centre has fallen through.