Jury awards $1.9 million in case rising from Menard-Hilbert fight
The latest development in a longstanding legal battle between two business titans has resulted in a verdict against the leaders of the national home-improvement store chain Menards.
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Plenty of opinions, but few solutions to fix college hoops
Many agree that college basketball should be overhauled, but there’s no consensus on how to repair the system.
Best Buy to close its small-format mobile phone stores
The consumer electronics retailer is shutting down 250 small-format mobile phone stores in the United States, including two in the Indianapolis area.
Blackmun resigns as CEO as USOC addresses sex-abuse scandal
Scott Blackmun resigned as chief executive of the U.S. Olympic Committee on Wednesday, stepping aside so he can tackle his prostate cancer and to allow the federation to move forward to address the sex-abuse scandal that has rocked gymnastics and other sports.
Study shows little progress in minority hiring in college sports
While the sport covered a wide range of categories, it specifically pointed to a pair of concerns: hiring for athletic directors and Division I men's basketball coaches. The study also looked at hiring for the NCAA's Indianapolis-based headquarters.
Colts decide to let running back Gore leave in free agency
General manager Chris Ballard announced Wednesday the Colts do not intend to re-sign the 34-year-old, soon-to-be free agent, who is ranked No. 5 in National Football League career rushing.
Book distributor to terminate 147 employees in local closure
The country’s largest book distributor plans to close its distribution center on the northwest side of Indianapolis, resulting in 147 job losses.
By 2019, IndyCar needs to strike broadcast deal, find replacement for title sponsor Verizon
Hopes within the series are high that it can land a future broadcast agreement in the next month or so and a title sponsor before the season concludes in September.
Biglari works his critics into an uproar—again
Sardar Biglari might talk a good game about being a champion of shareholders, but his biggest critics view him as a hypocrite—thanks to a series of moves that furthered his control over the business, the latest of which has spurred one lawsuit and seems sure to spark others.
Eiteljorg show looks at the good, the bad, and the ugly of Hollywood Westerns
There’s no denying the cinematic Western has helped define America—for good or ill.
LETTER: Lock up criminals, not guns
The left cannot admit the obvious that criminals willing to slaughter innocents will not obey laws to keep these weapons out of the their hands.
NEFF: What drives an investor to invest in a startup?
Like any venture capitalist, I will tell you that two-thirds of investments generally fail; it’s the one-third you expect to be blockbusters that will carry the economics.
MANZO: Construction wage repeal hasn’t delivered as promised
New research from the Midwest Economic Policy Institute and Colorado State University economist Kevin Duncan has found that repeal of Indiana’s prevailing wage law has not only shrunk wages and increased income inequality, it has failed to make construction projects any cheaper.
FELTMAN: Second of three letters to Amazon’s Bezos
To use your words, Mr. Bezos, many of Indiana’s top business leaders didn’t look past inequality.
EDITORIAL: Anthem’s silence about Indy HQ is cause for self-reflection
Anthem Inc.'s refusal to confirm it plans to keep its headquarters in Indianapolis serves as a stark reminder to government and corporate leaders of the fragility of corporate headquarters.
UPDATE: Governor signs bill allowing Sunday carryout alcohol sales in Indiana
The law takes effect immediately, which means Sunday alcohol sales will be allowed beginning this weekend at liquor stores, pharmacies, convenience stores and big-box retailers.
$15.3M Walker Theatre rehab to return shine to community gem
A three-way partnership substantially brightens the future of the venue, which has offered minimal programming in recent years and badly needs upgrades.
Flaherty & Collins plotting $75M project in Cleveland
Flaherty & Collins, which is wrapping up its $120 million 360 Market Square apartment project in Indianapolis, has reached a development agreement for a $75 million mixed-use project in the Cleveland suburb of Cleveland Heights.
KAR to spin off salvage unit into new public company
Carmel-based KAR Auction Services Inc. on Feb.27 said it plans to spin off its Insurance Auto Auctions salvage auction unit in the next year, creating a separate publicly traded company. The separation is designed to “increase shareholder value and focus each company’s strategic priorities on its respective marketplace and unique customers,” the company said in […]
SKARBECK: Investors finally realizing hedge funds are shaky bet
When you consider that hedge-fund fees are often spread around among a host of “placement agents, you begin to understand why the hedge-fund industry has grown to near $3 trillion.