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The city of Indianapolis is going back to the drawing board in its quest to redevelop Old City Hall after a proposal to turn the historic downtown property into a 21c hotel fell apart.
In its first round of institutional fundraising, Fishers-based Fuzic secured backing from High Alpha, Allos Ventures and Hyde Park Venture Partners.
The Colts’ former kicker poked fun at the team’s former general manager on Monday. Meanwhile, IndyCar officials hope to make inroads in China and Mexico.
Already holding the title for longest state budget stalemate, Illinois is poised to enter a third year without a spending plan. Unpaid bills are piling up, and rating agencies are threatening to downgrade the state’s credit to “junk.”
House Speaker Paul Ryan, R-Wis., vows that Republicans will complete tax reform this year despite myriad obstacles. But others are less optimistic.
The U.S. Justice Department said it chose cities that have higher-than-average rates of violence and showed receptiveness to receiving assistance.
Ford Motor Co. will export vehicles from China to the U.S. for the first time starting in 2019. It also plans to make new aluminum-sided Ford Expedition and Lincoln Navigator SUVs in Louisville, securing 1,000 jobs at the plant.
Amazon is testing a new service called Prime Wardrobe that allows members to try on the latest styles before they buy at no upfront charge.
United Parcel Service Inc. will place its first holiday-season surcharges on U.S. packages, as the world’s largest package-delivery company seeks to defray a surge in year-end costs.
The route is one of 28 new routes that the Las Vegas-based airline plans to launch this year.
Two central Indiana restaurant owners have been sentenced to home detention and ordered to make restitution for failing to collect and remit sales taxes, Marion County Prosecutor Terry Curry announced Monday.
A six-month-long study of development scenarios along a 10-mile stretch of Mount Comfort Road is feeding local leaders with data on potential projects and helping guide land-use decisions.
The feed-corn product, called Enlist, could represent the largest product launch in Dow Ag’s history, but environmentalists say they will fight to ban the companion herbicide.
The biggest U.S. supermarket chain lost more than $7 billion in market value combined on Thursday and Friday, the biggest two-day loss for the company since December 1999.
The bonds would help finance development of a hotel complex on the site of Indianapolis’ oldest African-American church, as well as a five-story apartment and retail project near the base of Massachusetts Avenue.
The U.S. Supreme Court on Monday struck down part of a law that bans offensive trademarks in a ruling that is expected to help the Washington Redskins in their legal fight over the team name.
Indiana already has a burgeoning aerospace industry with players such as Rolls-Royce, GE Aviation, and Raytheon Co., but economic development officials say further growth is possible.
The Indiana Economic Development Corp. said the Purdue-based partnership will create the nation's most advanced turbine lab for compact gas engines.
The owners of the Indy Fuel professional hockey team and Indianapolis-based developer Gershman Partners announced plans Monday to team up on a $40 million-plus sports, family entertainment and hospitality complex on 60 acres along Interstate 65 in Greenwood.
Two people with knowledge of the situation told The Associated Press that star forward Paul George has informed the Indiana Pacers that he plans to leave the franchise when he becomes a free agent in 2018.
