Wealthy Americans flood advisers to take advantage of tax law
The new tax law will be anything but simple for many affluent Americans, who are now inundating their accountants for advice.
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Basketball bribery defendants say NCAA violations aren’t crimes
Paying the relatives of high school basketball players to entice them to attend a particular university may be a violation of NCAA rules, but it isn’t a federal crime, say three men charged in a college bribery scandal.
Indiana’s struggling child welfare system to test Holcomb
The number of children placed in foster care because their addict parents can't care for them has surged across the nation. But the problem is particularly acute in a handful of states, including Indiana.
AP Poll: Sexual misconduct allegations voted top news story
The wave of sexual misconduct allegations that toppled Hollywood power brokers, politicians, media icons and many others was the top news story of 2017, according to The Associated Press' annual poll of U.S. editors and news directors
Powerful state senator resigns to take D.C. law job
Republican Brandt Hershman, chairman of the Senate Tax and Fiscal Policy Committee, says he will be joining Barnes & Thornburg’s Washington D.C. office.
Plans for barbecue joint on East 16th moved to backburner
Restaurateurs Peter George and Thomas Main had hoped to open their BBQ Barn in June, but now they’re unsure if they’ll pursue the concept at all, after experiencing costly delays.
TWG again seeking tax credits for delayed church project
The local developer has modified its plan and wants to build an affordable senior housing project on the far-east-side church property instead of in the church itself.
Indiana’s unemployment rate slips to 3.7 percent
The rate has crept up from 3 percent in June, when it narrowly missed a state-record low of 2.9 percent, last achieved in 2000.
Local firm works with Bob Newhart to reprise ‘Elf’ character for TV ad
Indianapolis-based video production firm Factory created the new Kentucky Lottery television ad starring Bob Newhart as Papa Elf, working alongside an ad agency with local offices.
New coding school will let students pay with share of future income
More than half of the students in Kenzie Academy’s first coding class—launching in January—will finance their education using income-share agreements, a concept that has been lauded by Purdue President Mitch Daniels.
Lilly Endowment awards more than $20M to help pastors
The grants will help seminaries, universities and other organizations create or strengthen programs that help pastors build relationships with experienced clergy.
Tax overhaul could mean fallout for state, local governments
The big changes in the federal tax code aren’t happening in a vacuum. They will force officials in most states to decide whether to apply similar changes, while some residents ponder whether they now might be better off living somewhere else.
Fifth Third Bancorp announces local executive promotions
Steve Alonso, the bank’s Indiana regional president, will take on a national-level position effective Jan. 1. Kevin Hispkind will be promoted to fill Alonso’s old job.
LOPRESTI: Indiana colleges prepare for big tests in conference play
All 10 of the Division I colleges in Indiana head into their conference schedules with some degree of trepidation.
Honda to add third model to lineup at Greensburg plant
The automaker will debut a prototype of the 2019 Honda Insight at the North American Auto Show on Jan. 15. Manufactured in Greensburg, the high-end hybrid is set to hit the market next summer.
Pacers net naming rights to fieldhouse at Grand Park
Formerly known as Jonathan Byrd’s Fieldhouse, the $10 million facility with eight hardwood courts for basketball and volleyball will be called the Pacers Athletic Center.
Large Castleton apartment complex sells for $44.6M
A California company bought the 512-unit Avery Point Apartments, which was finished in 1986 and consists of 58 two-story buildings.
IPL seeking rate hike that would add $14 to typical monthly bill
If state regulators approve the request from Indianapolis Power & Light Co., customers would see their rates rise by the end of 2018.
Finish Line shares jump on solid quarterly results
The Indianapolis-based athletic shoe and apparel company still posted a loss, but it was smaller than what analysts had expected.
Menswear patch: Downtown clothing store relocating to core of Mile Square
J. Benzal exited Massachusetts Avenue in October and is moving to new space near where a national men’s clothier closed earlier this year.