Indiana Repertory Theatre inks 10-year extension to stay downtown
The theater’s new 10-year lease for the 1927 city-owned landmark on West Washington Street hands management duties to IRT and includes an option to renew for another 10 years.
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Federal judge blocks Indiana abortion law before deadline
A federal judge blocked a new Indiana law Thursday that bans abortions sought because of a fetus' genetic abnormalities or because of its race, sex or ancestry. The law was to take effect Friday.
KIM: Is federal EB-5 program cash-for-visas boondoggle?
Since developers know foreign investors’ principal motivation under EB-5 is migration, not return on investment, they view EB-5 as a source of extremely cheap financing.
BOHANON & STYRING: If mass transit is so efficient, why the subsidies?
Mass transit in central Indiana once was a thriving private-sector business. Before about 1930, the Indianapolis Traction and Terminal Co. profitably operated electric streetcars throughout the city.
State approves seventh e-liquid manufacturer on deadline day
A California-based maker of vaping liquids received the go-ahead on Thursday after finding a security firm qualified to vouch for its operations.
Sallie Mae lands $2.4M in tax incentives for local expansion
As IBJ first reported Thursday morning, Newark, Delaware-based Sallie Mae plans to spend $15.7 million on the new office at 8425 Woodfield Crossing in northeast Indianapolis and add 278 workers to its existing staff.
The end of busing in Indy: A more segregated school system calls it quits
The lawyers and advocates who fought for the city’s busing program believed it would give all Marion County students the same access to quality schools. But 35 years after the program began, it’s not clear what it achieved.
State vaping law survives federal challenge
A federal judge on Thursday upheld as constitutional a controversial state law that regulates the manufacturing of vaping “e-liquids,” allowing the statute to go into effect Friday.
Judge faces deadline for decision on Indiana abortion law
U.S. District Judge Tanya Walton Pratt has said she will issue a ruling before Friday, when the law adopted this year by the state Legislature is set to take effect.
Renderings detail $20.1M Ironworks hotel taking shape by Keystone
The developer broke ground Wednesday on the 120-room hotel that will rise by the Ironworks mixed-use development at East 86th Street and Keystone Avenue. Controversial signage has been approved.
Sallie Mae planning hundreds of jobs at new Indy office
Student loan provider Sallie Mae Bank is expected to announce plans Thursday morning to spend nearly $16 million on a collections office and call center that will hire up to 278 people before the end of 2023.
More e-liquid firms try to beat state’s deadline as courts weigh vaping laws
Six e-liquid makers have applications pending with the state, which has until late Thursday to approve new permits. Meanwhile, critics of Indiana’s controversial vaping laws hope federal judges will block them from taking effect.
Anthem reportedly faces regulator skepticism that Cigna deal can work
The U.S. Justice Department has told Anthem Inc. that the insurer’s planned takeover of Cigna Corp. threatens competition and probably can’t be fixed by selling parts of their businesses, according to a person familiar with the matter.
High Alpha Studio launches software-tracking startup
The newest portfolio company for the venture studio is called Zylo. It helps enterprises track all of their software subscriptions.
Hill to campaign for U.S. Senate by walking length of Indiana
It's a tactic the 63-year-old used in a losing Senate campaign 26 years ago to gain attention, and one he's returning to as he lags in fundraising behind Republican candidate Rep. Todd Young.
IURC OKs Duke Energy rate hike to fund more than $1B in upgrades
Under a settlement Duke reached with consumer groups, customers will pick up $1.4 billion of the price tag, down from the $1.8 billion the utility originally sought.
UPDATE: Colts lock up quarterback Luck through 2021 season
Quarterback Andrew Luck has signed a new contract with the Indianapolis Colts that will make him the NFL’s top-paid player, the Colts announced Wednesday afternoon.
Fundraising for $35M sports park nearly across goal line, museum says
The Children’s Museum of Indianapolis enlisted some heavy-hitters—including Andrew Luck—to attract sponsors to the massive project. Still unknown: how the expansion will affect museum ticket prices.
Lilly stock rises after FDA panel backs new Jardiance label
A hot-selling drug for diabetes sold by Eli Lilly and Co. and a co-partner just got another potential boost, as a government panel narrowly recommended that the companies should be allowed to claim that the drug cuts the risk of cardiovascular death.
Indiana auto buyers receive extra time to get title, plates
Indiana residents buying vehicles will have extra days to get their titles and plates beginning Friday. And auto dealers will have more time after a sale to deliver a title.