Ivy Tech hopes to double degree output, increase enrollment
Ivy Tech Community College has a five-year goal to grow enrollment by more than 25 percent and more than double the number of degrees and certificates it awards each year.
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Dow Jones industrials climb above 25,000 for first time
The Dow Jones industrial average closed above 25,000 points on Thursday just five weeks after its first close above 24,000.
Indiana bill would tap savings to fix $11.8M school-funding shortfall
Indiana lawmakers have a proposal to shuffle state money around to cover an $11.8 million shortfall in school funding that emerged late last year.
Long-serving House Democrat won’t seek re-election
Rep. Linda Lawson of Hammond says the climate in the Legislature has become “toxic” with Republicans holding large majorities in recent years and ignoring Democrats.
Stake in Indiana-based OneMain Holdings sells for $1.4B
Apollo Global Management LLC and Varde Partners have agreed to buy Fortress Investment Group’s stake in Indiana-based consumer lender OneMain Holdings Inc.
Simon widow donates massive estate to Songbook Foundation
The widow of Mel Simon is donating her entire 107-acre estate in Carmel to the Great American Songbook Foundation—a gift valued at more than $30 million that the foundation plans to use to help it establish a major museum in central Indiana.
Tech startup SnapShyft to hire 20 employees this year
Founded in 2016, the Indianapolis-based company created an app that matches food-service establishments with professionals seeking work.
Latest round of Macy’s closures claims one store in Indiana
Department store chain Macy’s Inc. announced plans Thursday morning to close seven more stores nationally, including one in Indiana.
Notre Dame nabs 6 of state’s 10 largest not-for-profit gifts in 2017
The university’s $205 million in big gifts was about two-thirds of the $302.9 million in gifts of $1 million or more given by individuals to Indiana not-for-profits in 2017.
Downtown hotel project delayed by lawsuit from adjacent apartment owner
The owner of a complex near where Sun Development wants to build a dual-branded hotel incorporating a historic church is suing over a strip of land that would run through the project.
New Lilly Endowment program to provide $25M to Indy arts and cultural initiatives
The competitive program will dole out grants from as little as $7,500 to as much as $10 million. The endowment stipulates that funded programs must be implemented within Marion County.
Claymon brothers sell off another mobile office business
Brent and Matthew Claymon, the entrepreneurs known for selling Pac Van Inc. for tens of millions of dollars in 2006, have sold another Indianapolis-based company that leases mobile offices and storage units.
Judge orders IBM to post $25M bond in Indiana welfare case
IBM Corp. must the bond as it appeals a $78 million judgment in a long-running case that stems from the company’s failed effort to automate much of Indiana’s welfare services, a judge has ruled.
Indiana GOP lawmakers don’t plan to act on child services crisis
The two most powerful Republicans in the Indiana Legislature said they do not plan to take major action to address a growing crisis in the Department of Child Services during this year's session, which kicked off Wednesday.
Health, business coalition seeks to repeal ‘smoker’s bill of rights’
An alliance of doctors, hospitals, insurers and employers wants to roll back a 27-year-old Indiana law that prohibits employers from screening job candidates for tobacco use.
East 16th Street revival hits high gear
In the last three years or so, development along a roughly 20-block section of East 16th Street stretching from Pennsylvania Street east past the Monon Trail has exploded.
Firm that repairs ultrasound probes grows quickly
Fast-growing Fishers-based Probo Medical serves a niche within a niche: It repairs and refurbishes ultrasound equipment—more specifically, the probes for ultrasound systems.
FEIGENBAUM: New faces will tackle familiar Statehouse issues
In the long run, no changes will be more important than the Senate fiscal posts.
Return of medical-device tax dismays firms across state
The medical-device industry will see a resumption of the 2.3 percent federal excise tax beginning this month, following a two-year moratorium that expired Dec. 31.
