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NCAA takes step toward widening alcohol sales at events
Leaders of Division I are moving forward to devise a plan to sell alcohol at its championship events, while Division II honchos are taking a hard pass and Division III is taking a wait-and-see approach.
Online school receives millions from state despite poor performance, unconventional spending
Indiana Virtual School has attracted thousands of students but graduated very few. A Chalkbeat Indiana investigation found the school’s founder hired his own company to manage the school, for which it received millions of dollars.
Appeals court upholds ruling for Carmel in Home Place annexation case
The lengthy battle between the city of Carmel and residents of the 1,017-acre unincorporated area of Clay Township started in 2004 when Carmel voted to include the community in the city's boundaries.
Plus-size retailer spending $2.8M to open Greenwood center, create 872 jobs
Dia&Co says it will employ 500 workers in the next four years at the distribution hub. An additional 372 employees could be hired at a planned customer service center, according to an agreement with the state.
Former heavy-hitter stockbroker Buck charged with fraud
Thomas. J. Buck, a former top investment broker who was fired by the local office of Merrill Lynch in 2015 after nearly 34 years with the firm, is now facing serious prison time, according to federal officials.
Tobias gift of $5M to establish IU global development center
Indiana University will create a research laboratory focused on international development—including missions such as reducing poverty and inequality and addressing climate change—based on a $5 million gift from Deborah and Randall Tobias.
Cummins sees big surge in quarterly sales, earnings
The Indiana-based manufacturer outpaced Wall Street expectations with a 26 percent increase in revenue and 57 percent rise in profit in the third quarter.
Efforts to remake Brownsburg’s downtown in progress
Four projects totaling about $85 million, including three already under construction, will bring apartments, offices and retail space to a key stretch of Green Street.
Trump’s top candidate for Fed chair is Powell, sources say
In Jerome Powell, President Donald Trump would be selecting a policymaker with a reputation as a moderate whose stance on interest rate increases would likely deviate little from Janet Yellen’s cautious approach.
Trump enjoys early success with GOP-led Senate on judges
President Donald Trump is having more success getting judges confirmed than Democrat Barack Obama did at this early stage in their presidencies, and that disparity is expected to increase this week.
Kentucky businessman puts Indiana amusement park idea on hold
A businessman who proposed building an amusement park in Indiana featuring an aquarium, a water park and a dinosaur museum has put that project on hold.
NCAA president urges change to basketball to restore trust
Basketball is critically important to the NCAA because it gets most of its annual revenue—roughly $800 million—from television rights fees for its men’s basketball tournament.
IU Health to expand Avon hospital in $83 million upgrade
The move will add 48 beds to a hospital that has been transferring patients to other facilities for lack of room.
Indiana University ups bicentennial fundraising goal to $3B
The university said the campaign involving all its campuses has already raised more than $2 billion in donations with more than two years to go before the drive's planned completion.
Trump-Russia collusion probe intensifies as three are charged
The federal investigation into whether President Donald Trump’s campaign colluded with Russia took a major turn Monday when authorities revealed that three people were charged with crimes ranging from money laundering and tax evasion to lying to the FBI.
Railroad sues over millions of rail ties it calls defective
Norfolk Southern operates freight trains in more than 20 states in the southern and eastern United States and in more than 50 counties in Indiana.
Consumer spending sees largest gain in eight years
Income growth was also solid in September, rising by 0.4 percent as wages and salaries climbed.
Indianapolis house flipping company files for bankruptcy
The company says it doesn’t have the assets to repay clients and other creditors, leaving more than 120 parties who bought or sold homes through the firm in limbo.
Celadon gets six-month extension from NYSE to avoid delisting
The extension gives Celadon until May 2 to file several delinquent quarterly and annual financial reports with the Securities and Exchange Commission.