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Muncie bank buying smaller competitor for $66M

October 20, 2017

Muncie-based MutualFirst Financial’s purchase will give it additional locations in the Indianapolis market, where it currently has only one office.

Education agency blasted amid student loan scam crackdown

October 20, 2017

Federal and state agencies are cracking down nationally for the first time on scams that gouge student loan borrowers, but critics say the U.S. Department of Education isn't helping.

Indiana’s unemployment rate jumps to 3.8 percent

October 20, 2017

Indiana’s unemployment rate jumped three-tenths of a percentage point for the second month in a row in September.

Food insecurity, hunger vex large swath of Indianapolis residents

October 20, 2017

Nearly 175,000 food-insecure people live in the city. About 47,000 of them are children, whose ability to learn and thrive can be hampered, according to panelists at a local hunger summit on Friday.

Gate change ahead for Frontier Airlines in Indianapolis

October 20, 2017

The Indianapolis International Airport is moving Frontier from one concourse to the other to help balance overall airline growth at the facility. It’s the first time since the terminal’s opening in 2008 that an airline tenant will be moved.

Century-old men’s clothing store going out of business

October 20, 2017

The store, which has been at its current location in Glendale for 45 years, is in its third generation of ownership.

Celadon stops HQ construction, refocuses on core trucking business

October 20, 2017

The trucking giant is canceling its $28 million Mount Comfort headquarters, selling its flatbed unit, and outsourcing its driver schools, to refocus on core business as the industry is expected to boom.

Cummins’ Indy HQ captures annual Monumental Award

October 20, 2017

Cummins Inc.’s global distribution headquarters building in downtown Indianapolis took home the highest honor at the Indy Chamber's annual Monumental Awards gala Thursday night.

First Internet sees record profit, big loan growth

October 20, 2017

The Fishers-based parent of First Internet Bank also saw big increases deposit growth and net interest income.

GOP legislator joins race for Indiana congressional seat

October 20, 2017

State Rep. Jim Baird of Greencastle announced Thursday he's seeking the 4th District seat now held by GOP Rep. Todd Rokita, who's running for the Senate.

Health and Hunger 2017: Poverty spikes in Indianapolis

Guaranty Building magnet for tech firms

October 19, 2017

Salesforce has left for its namesake tower across the Circle as part of a big downtown expansion, but the nearly emptied Guaranty is making a quick comeback and attracting prized tenants.

NorthPoint developers hope to attract more companies like Bastian Solutions

October 19, 2017

With the first tenant in hand, the developers of the 300-acre NorthPoint project in Westfield are eager to attract more of the same.

North-side barbecue restaurant closes after 25 years

October 19, 2017

GT South’s Rib House was founded by Georgia native Gerald Travis South in June 1992 and remained in the South family after his death in 2005.

Inconsistent municipal, ZIP code boundaries cause confusion

October 19, 2017

The mismatched identities causes problems, especially for businesses, because ZIP codes determine the city used in an address.

Local Indy Fuel owners say all signs point up heading into fourth season

October 19, 2017

With an improved team and a better schedule—including more Saturday night games (14) than ever—Indy Fuel officials think this could be a watershed season for the minor-league professional hockey team.

Rise in poverty in Indy nearly outpaces growth in population over 15 years

October 19, 2017

A Sagamore Institute study discovered that the portion of Indianapolis residents living in poverty increased from 11.8 percent in 2000 to 21.3 percent in 2015—an increase of 85,063 people.

IU Health faces Bloomington antitrust suit over ambulance service

October 19, 2017

In a federal lawsuit that could have ramifications for many Indiana counties, Monroe Hospital claims IU Health is taking unfair advantage of the Monroe County market.

Everyone earns same salary at growing tech consultancy

October 19, 2017

Design on Tap, which just moved to the Station Place building downtown, uses a flat organizational structure to ensure each employee is valued equally.

IU med school wins $7.6M grant to study Alzheimer’s disease

October 19, 2017

The study will focus on early-onset Alzheimer’s disease, which are about 5 percent of patients.

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