Regulators OK final settlement over controversial Edwardsport plant
A bitter, costly fight over who will pay for Duke Energy’s $3.5 billion coal-gasification plant, one of the most expensive projects in Indiana history, is finally over.
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IndyCar plans new event at Illinois track as part of 2017 season
The IndyCar Series on Thursday announced a 17-race schedule for next season with little variation from the current lineup. One exception: a return to a venue it hasn’t visited since 2003.
2015 All-Star Real Estate Agents
For the first time in almost a decade, there’s a new group at No. 1 in the IBJ All-Star team ranking: Dennis Nottingham’s Indy Home Pros Team. Meanwhile, there’s a familiar name atop the list of solo agents.
Struggling Sears borrows $300M from hedge fund as losses mount
Sears Holdings Corp., which operates about 80 stores in Indiana, is once again lining up financing after losing more than $9 billion in recent years.
Shoemaker infuses Fletcher Place home with neutral palette, natural materials
Realtor Joe Shoemaker spends most of his days studying home interiors and exteriors. That’s why he opted for a minimalist approach when he constructed his Fletcher Place abode.
Butler communications exec to join Speedway team
Moving from academia, Matt Mindrum’s immediate priorities will include the marketing campaign for the 2017 Indy 500 and promoting the IndyCar series.
Downtown boom hits Herron-Morton neighborhood
A growing number of pricey new homes are cropping up in the historic Herron-Morton neighborhood, bolstered by the strength of the downtown housing market and the rejuvenation of East 16th Street.
McMansions: a bad bet, except maybe in the Midwest
The few areas in which McMansions are gaining value faster than more tasteful housing stock are primarily the Midwest and the eastern New York suburbs that make up Long Island.
Indy top market in nation for first-time buyers, Zillow finds
A Zillow study found the median home value in Indianapolis is $130,000 this year and the supply of those homes is high. It also found it takes just 11 percent of a buyer’s monthly income to make the average mortgage payment.
Orders for U.S. durable goods rebound from tough month
Orders for durable goods jumped 4.4 percent in July, bouncing back from a 4.2 percent plunge in June, the Commerce Department reported Thursday.
Another hidden T.C. Steele painting discovered
When interpreters at the T.C. Steele State Historic Site in Brown County were unpacking artwork received from the Indiana State Museum, they were surprised to find a painting that had a rectangular hole in the backing to show there was a painting behind it.
Sprawling east-side RCA site finally could be ripe for redevelopment
The city is seeking bids to demolish the remaining building at the northeast corner of Michigan and LaSalle streets, potentially clearing the 49-acre property for reuse.
Indianapolis, Indiana slip in annual startup rankings
An annual ranking that measures startup activity in U.S. states and metropolitan areas found Indiana and Indianapolis dipped in the rankings from 2015 to 2016.
Burke ready to pass baton to Purdue’s new athletic director
After spending almost 25 years as the front man for Boilermaker sports, Morgan Burke is ready to step down and revel in becoming just another fan.
Trucking giant pegs Whitestown for parts distribution center, 45 hires
A company that sold more than 160,000 trucks last year intends to spend $12.35 million to lease and equip a 283,500-square-foot facility for sending parts across the Midwest.
Developers receive OK for $70M housing project in Noblesville
The project, which received final approval from the Noblesville City Council earlier this week despite receiving a negative recommendation from the Noblesville Plan Commission, will include 270 multifamily units and 140 single-family homes.
Area home sales stagnate as inventory continues to drop
The total number of active home listings in central Indiana was down 11.7 percent, from 12,878 a year ago to 11,377 at the end of last month.
Physicians Health Plan to stop offering individual coverage
Another health insurance company says it's leaving the Affordable Care Act marketplace in Indiana for 2017, reducing competition and forcing more than 6,000 customers to switch to other coverage.
SEC fines private-equity firm where Bayh works record $53M
Apollo Global Management LLC—the private-equity firm where U.S. Senate candidate Evan Bayh is a senior adviser—will pay $52.7 million to settle allegations that it made misleading disclosures about fees.
IndyCar Series gets boost from Andretti-HHGregg sponsorship deal
On the heels of Target exiting the IndyCar Series, another big retailer brightens the horizon for the open-wheel series and one of its most popular drivers.