Transportation services firm to cut 142 Indianapolis jobs
The Dallas-based company operates IndyGo’s paratransit bus service, but that contract ends March 31.
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Fox lands Thursday night football games for five years
Fox announced Wednesday that it will televise 11 Thursday-night NFL games annually from Week 4 to Week 15, with simulcasts on NFL Network and Fox Deportes.
Flying green flag, Speedway bosses launch global promotional tour for Indy 500
Head honcho Mark Miles continues to punch the gas on new marketing initiatives for the hallowed race. The latest effort has already made its way to Times Square and the NHL All-Star Game.
Anthem expects profit boost from tax cuts as health-industry shifts loom
Anthem Inc. reported a fourth quarter decline in operating profit Wednesday morning, but the Indianapolis-based company said it expects President Donald Trump’s corporate tax cuts to increase its 2018 earnings.
Retail goliath Simon nails quarterly expectations, increases dividend
The Indianapolis-based mall owner broke a record in 2017 in a metric for operational performance, but its CEO admitted to analysts on Wednesday that it needs to boost occupancy at its properties.
In otherwise bright quarter, Lilly takes nearly $3B in charges
The Indianapolis-based drug company took a $1 billion charge for its sweeping early-retirement program and a $2.9 billion charge to repatriate cash in the wake of Congress' passage of tax reform.
Indiana House approves bill to lift Indy-area ban on light rail
Lawmakers are reconsidering the ban with hopes of landing Amazon’s second North American headquarters.
IU plans $99M housing, dining complex for Bloomington campus
The new complex would have living space for 700 students with a mix of single- and multiple-occupancy rooms.
Indiana House Republicans kill bill to raise smoking age to 21
House Republicans justified the decision, stating that their calculations indicate the change would cost state government $14 million a year in lost cigarette tax revenue.
Push for hate crimes law fails again in Indiana Legislature
Indiana will remain one of just five states without a hate crimes law after a bill was sidelined in the Senate. Critics said the failure to pass such a law could hurt the state’s chances of landing Amazon’s planned second headquarters.
Castleton call center to close, eliminating 107 jobs
A client has decided to move its customer service operations in-house, according to the firm.
Emmis selling all four of its St. Louis radio stations
Indianapolis-based Emmis Communications Corp. on Tuesday announced it has deals to sell all of its radio stations in St. Louis to two different buyers, leaving it with stations in only three markets.
Amazon, Buffett, Chase team up to cut health care costs for workers
News on Tuesday that Amazon was forming a new company with JPMorgan Chase and Warren Buffett’s big-pocketed Berkshire Hathaway sent shock waves through the health care industry.
Council OKs $55M for initial justice center construction
The unanimous vote also gave approval for the city to spend $4.2 million to acquire 140 acres of land from Citizens Energy Group as the site for the new jail, courthouses and mental health center.
Fishers organizing new event to replace Freedom Festival
The city of Fishers on Tuesday announced a new event to replace the Freedom Festival—a 29-year-old summer celebration that was called off last year over financial issues.
Former T2 exec embarks on downtown car club, auto storage project
Mike Simmons has bought the former Chef’s Academy on East Washington Street and is refurbishing the building to appeal to car enthusiasts by adding meeting and event space.
Banks to sell off five Indiana branches as part of $1B merger
Cincinnati-based First Financial Bancorp and Greensburg-based MainSource Financial Group have agreed to sell off five bank branches in Indiana to resolve regulatory concerns that could stand in the way of their planned merger.
Indy Democrats take first steps to oust Clay as council president
Democrats acted to put the question of Stephen Clay’s removal as president to a vote at the next council meeting, in mid-February.
Original Circle Centre jeweler closes doors
Workers at Andrews Jewelers on the second floor of the downtown mall could be seen on Monday packing up gems and baubles behind security gates.
Eliminating handgun permit fee could shrink state revenue by $11M
Some Republicans have sought a full repeal of Indiana’s handgun permit law. Legislators compromised by proposing to eliminate the permit fee starting in July 2019.