McROBBIE: The university as an engine of innovation
IU’s growth in patents, licensing agreements and outside funding is a testament to a fundamental truth: Education and innovation are the central elements to the success of a given region.
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GAYLOR: Unions show hypocrisy with Kroger deal
In its desperation to maintain relevance, big labor has been at the forefront of the national movement to increase the minimum wage. Unions’ true intentions, however, have been shrouded behind a “fair pay,” “income equality” facade.
MORRIS: A nice break from political coverage
All hail the Rio Olympics for delivering us (temporarily) from national politics.
EDITORIAL: Hogsett budget good first step
To truly put the city on sound financial footing and meet its needs, the Hogsett administration will have to deliver on strategies to raise revenue, primarily by getting more people to locate in Marion County and convincing those already here to stay.
Kite Realty’s focus on primo locations serving it well
Kite Realty Group Trust has built an admirable record of picking winning locations for its centers and keeping them vibrant with tens of millions of dollars in upgrades.
Roundup: Leadership changes at Civic, Classical Music Indy, more
Plus Peewinkle’s Puppet Studio sets up shop at the Indiana State Museum.
Group delays decision on ITT Educational’s accreditation
Carmel-based for-profit college operator ITT Educational Services Inc. has received a brief reprieve from its accreditor, which has delayed making a decision that could potentially devastate the embattled company.
Hall of Fame pledges to refund tickets, parking, hotel for Colts-Packers debacle
The Pro Football Hall of Fame’s decision comes after four fans filed a class-action lawsuit in federal court on behalf of all ticket holders who lost out when the game was canceled.
Growing Missouri bank opens commercial office in Indy
Commerce Bank, which has operations in at least 11 states, tapped a local banking veteran to lead the new office, which is based on the north side.
Advertising for presidential race down 60 percent, hurting broadcasters
Since late April, when Donald Trump secured the Republican nomination, $146 million has been spent on advertising in the presidential race, compared with $373 million over the same period in 2012.
Two new charter high schools get a boost from Mind Trust
Indianapolis Public Schools might be losing a few high schools in the coming years, but with The Mind Trust’s support, two charter high schools could open as soon as next fall.
Cummins to receive $20M in ‘SuperTruck’ funds
The Columbus-based engine maker will be part of a federal program aiming to more than double the freight efficiency of 18-wheelers.
Trader Joe’s Castleton store about to get bigger
The specialty grocer is growing its footprint by taking over neighboring retail space and signing a long-term lease extension.
Young sets Indianapolis fundraiser with George W. Bush
Former President George W. Bush will stop in Indianapolis during a fundraising trip to the state next month for Republican U.S. Senate candidate Todd Young.
United Way of Central Indiana to receive $7M federal grant
The United Way of Central Indiana is set to receive a $7 million federal grant that is expected to result in more than $20 million being invested to help unstable families in specific Indianapolis neighborhoods.
Poll: Trump, Bayh lead in Indiana; governor’s race tight
Republican Eric Holcomb and Democrat John Gregg are “virtually tied,” said Monmouth University Polling Institute pollsters.
Lafayette brewery expanding to Lebanon
People’s Brewing Co. plans to occupy the 6,000-square-foot space at 111 Main St. that formerly housed upscale French restaurant Bijou.
Ritz seeks tax break for textbooks in budget proposal
Public school parents across Indiana could get a $1,000 annual tax break to cover the cost of textbooks if the Indiana Department of Education’s latest budget proposal, released Tuesday, were adopted.
Maxim party promoter sues Speedway over lackluster ticket sales
Karma International charges breach of contract in the lawsuit filed Tuesday, claiming damages of $817,500 in lost revenue from unsold tickets and tables at the party on Indy 500 race weekend.
Lowe’s disappoints analysts with weak sales growth
One day after retailer Home Depot reported record earnings that signaled an improving U.S. housing market, competitor Lowe’s reported weak sales growth and cut its profit expectations for the year.