KAR misses quarterly profit forecast amid surge in revenue
KAR Auction Services Inc. missed Wall Street expectations with its fourth-quarter earnings despite revenue that exceeded predictions.
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Law firms buddy up to share office space, expenses
For many firms, splitting office space and sharing resources is a strategy that makes good business sense. But such arrangements aren’t without challenges.
Tech company Levementum plans local expansion, new jobs
Indiana Gov. Eric Holcomb and Indianapolis Mayor Joe Hogsett are expected to join Levementum executives Wednesday afternoon for an economic development announcement.
Committee endorses transit tax hike, sends plan to full council
The City-County Council committee vote came after Mayor Joe Hogsett’s top adviser urged members to say yes—the first time the mayor’s office had expressed an opinion publicly about whether the tax increase should pass.
Indiana House sends gun-carry legislation to Senate
The Indiana House has approved a bill to allow those protected by an order of protection to carry handguns without a license.
Lawmakers kill employee training tax credit proposal
The bill is part of a larger discussion lawmakers are having about the $1 billion in state and federal funding that nine Indiana agencies spend on some 30 workforce development programs.
Burger King owner to acquire Popeyes for $1.8 billion
Restaurant Brands International Inc. has agreed to buy Popeyes Louisiana Kitchen Inc., adding a fried-chicken outfit to its lineup of burgers and doughnuts. The two chains have about 70 restaurants in the Indianapolis area.
Owner of historic 14 West building asking nearly $6M for top two floors
The 8,500-square-foot residential space features a private elevator that will provide access to Red the Steakhouse, which is expected to open on the ground level in April, in addition to several other amenities.
Area home builders continue to see rising demand
Area home builders saw demand for new homes jump for the 14th straight month in January, the Builders Association of Greater Indianapolis said.
House panel supports plans to loosen voucher restrictions
Indiana, already a state with one of the most robust taxpayer-funded voucher programs in the country, has made small steps toward broadening the program.
Hoosiers face deadline to register for do-not-call list
Indiana residents face a Tuesday deadline to add themselves to an updated list that will help them avoid unwanted calls from telemarketers.
Indiana House approves ISTEP-replacement measure
The Indiana House has approved a bill that would require students in grades 3 through 8 to complete the new assessment by the 2018-19 school year.
Indiana Senate votes down bill to appoint schools chief
The Indiana Senate unexpectedly shot down a bill on Monday that would have made the role of state superintendent of public instruction an appointed rather than elected position.
Carmel considering $21M in bonds for redevelopment projects
The bond ordinances were introduced to the council Monday night and sent to the council’s finance committee for further review.
Fishers plans state’s first internet-of-things laboratory
The co-working space is expected to bring together and nurture various players in the growing IoT sector to allow for innovation and collaboration.
State lawmakers send abortion bill goes back to committee
Indiana House Republicans are taking the unusual step of reassigning an abortion bill to the same panel that narrowly approved it last week.
As pricing criticism mounts, Lilly, other drugmakers roll out pay for performance
In Lilly’s partnership with Harvard Pilgrim Health Care, the not-for-profit insurer gets additional rebates if fewer patients using Lilly's diabetes treatment Trulicity meet blood sugar goals than expected.
Regulators sanction investment broker with fine, suspension
Authorities say David Girton failed to disclose several civil judgments and tax liens against him in a timely fashion, in violation of financial industry regulations.
Bill would ditch barriers for minors at small wineries
A reinterpreted Indiana statute has created headaches for artisan distilleries and farm wineries, as well as tourists with children. A new bill aims to fix the problem.
Priority list includes Lily & Madeleine, ‘Extreme Weather,’ more
Plus an in-progress Jack the Ripper musical and a twist on dinner theater from NoExit Performance.