Campaign finance reports show little activity for Hamilton County Dems
Democrats fielded contenders for all of the local races in Hamilton County this year, but only one candidate has collected campaign donations from outside sources.
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Cummins shares slip on lower revenue, earnings
The Indiana-based engine maker said sales were hurt by a slowdown in North American truck production and by weak international demand for power-generation equipment.
Gannett gives up on Tronc takeover
The giant media firm’s target was elusive from the beginning. It revealed in the spring that it was offering $388 million for the Chicago company, which it said refused to partake in “constructive discussions.”
UPDATE: Johnson Memorial plans $42M overhaul of Franklin campus
In the largest project in its history, Johnson Memorial plans to demolish its old hospital building and construct two new health care facilities.
North-side apartments change hands in $70M-plus deal; $10M rehab begins
Local firm Birge & Held Asset Management bought the property on East 82nd Street and is starting to renovate all 740 units—a task expected to present some logistical challenges.
Angie’s List hires investment bankers, setting stage for possible sale
The home services marketplace did not specify it planned to sell itself, but hiring investment bankers is typically the first step in doing so. In a press release, CEO Scott Durchslag said only that the goal was “to achieve the full potential of our new platform.”
Indiana sees higher demand for teacher licenses than last year
After two years of Indiana schools fretting about whether there are enough teachers to fill every classroom, the state is now seeing an uptick in the number of people becoming teachers.
Four Indiana cities ask judge to dismiss LGBT protections suit
Bloomington and three other Indiana cities have asked a Hamilton County judge to dismiss a lawsuit challenging local protections for lesbian, gay, bisexual and transgender people.
AG seeks Supreme Court ruling in Monarch-related case
Attorney General Greg Zoeller said he will ask the Indiana Supreme Court to put on hold a lower court ruling that said the state must grant a wholesaler permit to Spirited Sales LLC, a company affiliated with Monarch Beverage that wants to sell liquor.
Indiana Tech Law School to close, citing low enrollment
Of its inaugural class of 2016, just three of 13 people who took the bar exam in Indiana and another state passed.
Poll: Bayh, Young tied in Senate race
Republican Todd Young has cut into Democrat Evan Bayh’s lead in the U.S. Senate race, according to a new poll. The race is important because it could determine which party controls the Senate.
Developer aims to convert historic downtown building into 110-room hotel
The firm has purchased One Jackson Square and is in discussions to brand it a Canopy by Hilton. The fate of first-floor restaurant tenant Ike & Jonesy’s has yet to be determined.
Bayh, Young exchange blows over trade
U.S. Senate candidate Evan Bayh, a Democrat, is focusing on trade in the last weeks of the election, trying to paint Republican Todd Young as misaligned with the best interests of the Hoosier worker—but Bayh also has his weaknesses when it comes to trade.
Animal group shutting its doors next month, placing critters in new homes
The area not-for-profit organization says its bookings for educational programs have slowed considerably this year, and it’s closing down rather than operate at a loss.
Cummins CEO: Companies need to stand up for free trade, TPP
Tom Linebarger points to the company’s Seymour plant where 800 employees produce high-speed diesel engines—70 percent of which are exported globally—as a key reason he believes free trade is good for the Hoosier worker.
Priority list includes Spirit & Place kickoff, ‘Mary Poppins’
Plus, a 1920s evening with the Indianapolis Chamber Orchestra.
Electrical safety firm to expand in Zionsville, add 30 workers
Lewellyn Technology plans to add a training center to its current headquarters.
Pence tries to boost Holcomb in waning days of campaign
Gov. Mike Pence made a home-state stop on Sunday and substantially altered the campaign speech he gives around the country as a vice presidential candidate to boost the Republican in the governor’s race.
Emarsys North America parent lands $22.3M investment
This financing will be used to “fuel innovation in artificial intelligence and data science, and accelerate growth at Emarsys,” the company said.
Westfield names new director of Grand Park
William Knox, who most recently served as the director of the Hamilton County Sports Authority, starts the position Monday.