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Indy-based produce distributor Caito Foods selling for $217M
Michigan-based SpartanNash said part of the allure of Caito was its newly built, $32 million "Fresh Kitchen" in Indianapolis, which will process, cook and package fresh protein-based foods and complete meals.
Bayh to repay taxpayer money spent on Indianapolis hotels
A campaign spokesman for Evan Bayh says the money is being refunded out of an “abundance of caution” after he faced questions over whether the expenditures were allowed by Senate ethics rules.
Poll: Young takes the lead over Bayh in Senate race
The new WTHR/Howey Politics Indiana poll shows the governor’s race as a tossup, and Todd Young with a five-point lead over Evan Bayh in the battle for U.S. Senate.
Indianapolis early voting down from 2008, up from 2012
Early voting will continue at the downtown City-County Building at 200 E. Washington St. through noon on Monday. Voters must bring a valid state or federal photo ID.
Feds pitch in to help Citizens with plan to redevelop coke plant
The plant closed in 2007, taking 300 jobs. It opened in 1909 and at one point produced all the gas used for heating Marion County.
National jobless rate ticks down to 4.9 percent
Despite some job gains, the economy is growing at the slowest pace of any in a recovery since World War II. Most analysts foresee only modest expansion in the October-December quarter, leaving growth at an anemic rate of about 1.8 percent for all of 2016.
Dow-DuPont merger hits delays as EU demands missing deal info
Dow Agrosciences parent Dow Chemical Co. and DuPont Co. face further delays to their plans to create the world’s biggest chemical company
Report: Indy ranks fifth in tech-job growth
The report from the real estate tracking firm CBRE said the tech labor pool in the metropolitan area expanded by 27.9 percent, or 5,423 jobs, between 2013 and 2015, accounting for just over one-third of new office jobs.
Stonegate quarterly results improve as revenue surges
Stonegate Mortgage Corp. on Thursday reported a third-quarter profit of $15.6 million in the third quarter after revenue jumped 159 percent from a year ago.
Baldwin & Lyons reports quarterly profit on record premiums
The Carmel-based property and casualty insurance underwriter reported higher revenue but less profit in the latest period.
Ad agency execs create app for sharing items
Brian Phillips and Jacob Leffler, who co-founded digital advertising agency The Basement in 2007, launched an iPhone app last month that allows people to borrow and lend items that spend more time in storage than in usage.
USA Gymnastics doing independent review of sexual misconduct
USA Gymnastics is turning to a former federal prosecutor to spearhead an independent review of the way the Indianapolis-based organization deals with allegations of sexual misconduct.
EPA proposes expanded use of Dow Agro-made herbicide
The Environmental Protection Agency has proposed more than doubling the number of states allowed to use a new version of a popular weed killer on genetically modified crops despite its earlier concerns.
Indiana cities say ordinances don’t stifle religious freedom
Two faith-based groups argued in a Hamilton County courtroom that anti-discrimination ordinances in four Indiana cities hurt their organizations.