Organizing committee to seek $16M in corporate support for college championship
That compares to $30 million the Indianapolis business community contributed in cash and in-kind services to support the 2012 Super Bowl held at Lucas Oil Stadium.
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House Republican’s evolving tax bill leaves retirement plan intact
The plan, expected to be released Thursday, is a long-standing goal for Capitol Hill Republicans who see a once-in-a-generation opportunity to clean up an inefficient, loophole-cluttered tax code.
IU experts expect Indiana’s economy to outpace nation’s in 2018
In their annual Business Outlook forecast, Indiana University Kelley School of Business economists say employment gains will fuel economic growth in 2018.
Trump to pick Powell as Federal Reserve chairman, sources say
Trump, who has said he’ll announce his pick Thursday, would be choosing a former private-equity executive who favors continuing gradual interest-rate increases and sympathizes with White House calls to ease financial regulations.
Jeffboat to idle 278 workers at Indiana shipyard
The barge and towboat manufacturer Jeffboat LLC notified the Indiana Department of Workforce Development of the layoffs, citing slumping demand.
Indianapolis to host national college football championship game
The 2022 College Football Playoff National Championship game is expected to have a $150 million economic impact on Indianapolis.
Fed leaves key rate unchanged but hints at future hikes
With a new Federal Reserve leader about to be announced, the Fed is hinting that it's preparing to resume raising rates as the economy shakes off the effects of recent hurricanes.
Downtown’s Cadillac Ranch restaurant and bar closes
Owner Granite City announced the closure Wednesday, along with three Granite City restaurants in two Midwestern states. Adjoining lounge Bartini’s also closed.
U.S. Postal Service offers next-day Sunday delivery
The holiday program allows consumers in select cities to place online orders with participating retailers on a Saturday and then receive their packages the next day.
Papa John’s blames NFL ‘debacle’ for hurting its pizza sales
Papa John’s International Inc. founder John Schnatter is going after NFL Commissioner Roger Goodell, saying weak handling of the league’s national-anthem controversy has hammered sales of his pizza.
Allison Transmission raises forecast after solid quarterly report
Allison Transmission Holdings Inc. raised its full-year sales projections after reporting better-than-expected revenue and earnings in the third quarter.
KAR tops quarterly expectations with rising revenue, earnings
The Carmel-based vehicle reseller increased its full-year earnings forecast after seeing a 15 percent increase in third-quarter profit.
New Greenways Foundation chief hopes to hike group’s profile
Ken Giffin, a veteran of local politics and the business community, is pounding the pavement to raise more money to support Indiana’s trail systems.
Violation of sports agent laws tough for states to prosecute
Unraveling the corruption in college sports takes time, money and dedicated manpower—resources often in limited supply for authorities seeking to enforce sports agent laws that exist in at least 40 states.
House GOP leaders delay tax plan release amid changes
House Republicans, straining to make last-minute changes to their far-reaching tax proposal, on Tuesday delayed the rollout by a day after they failed to finalize the details.
Pruitt to gut EPA science panels, appoint new members
In announcing the changes, EPA Administrator Scott Pruitt suggested many previously appointed to the panels were potentially biased because they had received federal research grants.
Hogsett proposes $300,000 for witness-protection program
Indianapolis Mayor Joe Hogsett announced Tuesday that he directed the Office of Finance and Management to identify the funds as a method of strengthening trust between the Indianapolis community and local law enforcement.
Lawsuit targets Trump’s rollback of birth-control rule
Two national advocacy groups filed a federal lawsuit in Indiana on Tuesday challenging a rule change by President Donald Trump's administration allowing more employers to opt out of no-cost birth control for workers.
West Lafayette biotech raises $40M to develop cancer-imaging drugs
The company said the funds would help it test its lead compound in late-stage clinical trials, allowing surgeons to detect cancerous cells with the help of fluorescent dyes.
