Kite sees profit, revenue growth on improving occupancies
Kite Realty Group Trust on Wednesday reported second-quarter financial results that topped Wall Street expectations.
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Duke Realty tops analyst predictions with quarterly results
The Indianapolis-based real estate company exceeded expectations in a key financial category and posted huge earnings thanks to the sale of its medical office business.
Hundreds of teachers to be displaced by IPS high school closing plan
The transition means a lot of changes are in store for the hundreds of educators who work at the schools slated to close—and those at the high schools that will launch career academies and take the influx of new students.
Trump announces $10 billion Foxconn plant in Wisconsin
President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in the state’s history.
Jury rules against ex-WellPoint exec in lawsuit over firing
A Marion County jury deliberated less than an hour before issuing verdicts in a long-running lawsuit by Dr. Randall C. Axelrod, who was removed as vice president of health care management for WellPoint’s Virginia-based east region in July 2006.
Review: Academics clash in ‘Human Rites’
The intimate new drama closes out the Phoenix season with one of the year’s most wholly satisfying theatrical productions.
Fed leaves rates alone but moves closer to selling off bonds
The Fed noted Wednesday that inflation has stayed undesirably low even though the job market keeps strengthening. Many economists say they foresee no further rate increases this year unless inflation picks up.
Anthem may hasten Obamacare retreat without funding assurances
Concerned by the uncertain future of U.S. health care policy, Anthem Inc. warned it may hasten its retreat from Obamacare’s insurance marketplaces.
Messer officially announces 2018 U.S. Senate bid
Indiana Rep. Luke Messer is formally announcing that he will challenge U.S. Sen. Joe Donnelly for his seat in 2018, but he first faces what could be a tough primary against likely foe Todd Rokita.
City to offer $1,000 each to displaced Carrier workers, future employers
The money will come from the roughly $1.2 million in local tax incentives that Carrier and its parent company returned to the city after the announcement some local operations would move to Mexico.
Trump to announce Apple supplier Foxconn opening Wisconsin plant
Economic development officials from Indiana, Illinois, Michigan, Ohio, Pennsylvania, Texas, and Wisconsin have all vied for Foxconn’s attention. The plant is expected to employ thousands of workers.
Area home sales increase amid rising prices, lower inventory
Sales have risen on a year-over-year basis in 18 of the last 20 months.
Angie’s List suffers bigger-than-expected quarterly loss
Angie’s List CEO Scott Durchslag said the financial performance was in line with the expectations of HomeAdvisor, which is in the process of acquiring Angie’s List for about $505 million.
Anthem tops forecasts with quarterly earnings, raises outlook
Indianapolis-based Anthem Inc. saw profit grow nearly 10 percent, helped by government business and coverage the health insurer sells to smaller employers.
New IndyCar kits get high marks on opening day of testing
After spending the day testing the sleek, stylish cars on Indianapolis' 2.5-mile oval, two racing veterans left the opening day screening by insisting the cars run even better than they look.
Former Bell Aquaculture facilities in Indiana acquired for $14 million
Maynard, Massachusetts-based AquaBounty Technologies plans to produce genetically engineered salmon at the facilities.
Cincinnati-based First Financial buying MainSource for $1B
The two banks have overlapping footprints. As a result, First Financial said that after the merger is complete it expects to close 45 to 50 offices.
IU hoops bobblehead sells out in record time
The limited-edition doll commemorating five Indiana national basketball championships sold out in a few short hours on Friday. That’s faster than North Carolina- and Kentucky-themed wobblers.