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BOHANON & STYRING: Economic effects of smoking are not all obvious
If you think federal spending and deficits are out of control or that the state of Indiana needs a bigger surplus, advocate cigarette smoking.
HHGregg lives up to predictions with dismal quarter
The retailer took a whopping loss of $58.3 million in the quarter, more than double the loss of $26.9 million it took in the third quarter of the previous year.
Lawmakers advance bill for picking Marion County judges
With the previous selection process deemed unconstitutional, a legislative panel has boosted a bill advocating merit-based picks and keeping a partisan balance on the bench.
Allure of IPO fades for fast-growing Hoosier firms
Candidates for initial public offerings are increasingly opting for mergers or private equity instead.
Dealmakers wonder if Trump will intervene in mergers
It wasn’t a surprise when Donald Trump took the opportunity during his Jan. 11 press conference to angrily accuse CNN of spreading fake news. Throughout the campaign Trump had complained the cable network was being unfair to him—and at one point vowed that as president, he would block AT&T Inc.’s proposed $85.4 billion merger with […]
Lack of disclosed price kept some deals off M&A list
Here is a summary of notable Indianapolis-area mergers and acquisitions that closed in 2016 for which financial details were not available.
Roundup: Salesforce Tower gets big breakfast joint; Mass Ave snags game room
A Chicago-based chain is taking a crack at the street-level space in Salesforce Tower previously occupied by Paradise Bakery & Cafe.
Donation-app firm Givelify plans 40-job expansion downtown
The company, which has 8,000 U.S. clients and boasts having the world’s most-downloaded mobile-giving app, plans to triple its space in The Majestic Building to 3,000 square feet.
Lawmaker drops pay-hike push for governor, others
An Indiana lawmaker has decided to withdraw his proposal that would’ve given a big pay increase to the governor and other top elected state officeholders.
Duke Realty tops expectations with fourth-quarter performance
Duke Realty Corp. on Wednesday reported funds from operations and profit in the fourth quarter that surpassed Wall Street expectations.
GOP lawmakers draw criticism for calling tax hikes ‘user fees’
The Indiana GOP is facing a public relations challenge as it tries to sell a plan to raise road funding that would increase the state’s fuel tax while charging an additional $15 for vehicle registration.
Pitino, Louisville rebut NCAA findings in escort scandal
The University of Louisville disputes NCAA allegations that Rick Pitino violated his responsibility as a head coach by failing to monitor former staffer Andre McGee, who allegedly hired escorts and strippers for sex parties with recruits and players.
Conner Prairie reveals three renovation, expansion projects
Interactive history museum Conner Prairie had a record-setting 2016, and it’s on tap to have a busy 2017.
North-side Pittman properties sell at auction for nearly $2M
The properties, in Carmel and Zionsville, had been owned by the late Dr. John Norman Pittman and were sold in three separate transactions.
UPDATE: Dow Jones industrial average closes above 20,000 mark
Other major U.S. indexes also closed at all-time highs Wednesday.
Could an IndyCar-themed attraction be in downtown’s future?
Many convention visitors and business travelers staying downtown want to experience the IMS, but don’t necessarily want to travel the four miles or so west to the track to do so, said Visit Indy CEO Leonard Hoops.
Central Indiana home sales rise for 14th straight month
Closed sales in the 13-county area have risen every month on a year-over-year basis since October 2015.
NCAA offering early peek at top seeds for March Madness
The NCAA plans to use a February television program to detail how the potential top four seeds in each region are stacking up at that point in the season.
Officials still evaluating Interstate 69 completion schedule
While progress is being made on the Interstate 69 project south of Indianapolis, noncommittal answers about the project's completion have government officials frustrated.