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Sallie Mae lands $2.4M in tax incentives for local expansion

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 30, 2016

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

June 29, 2016

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

June 29, 2016

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

June 29, 2016

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.

Childrens Museum 2col

Lilly stock rises after FDA panel backs new Jardiance label

June 29, 2016

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

June 29, 2016

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.

Children’s Museum to build $35M sports park for family fitness

June 29, 2016

Developed directly north of the museum, the 7.5-acre Riley Children’s Health Sports Legends Experience will include facilities for basketball, football, golf, running, tennis, soccer and motorsports.

Childrens Museum 2col

Convention Center could host national track and field championships

June 29, 2016

USA Track & Field CEO Max Siegel wants to bring an indoor national championship event here as soon as 2018. But his choice of venues is a bit unconventional.

Conner Prairie’s new exhibit gives visitors a treetop view

June 29, 2016

The interactive and historical museum is opening its new Treetop Outpost exhibit Friday, and let members of the media have a sneak peek on Wednesday.

Credit ratings firm says Carson’s parent in danger of default

June 29, 2016

Debt-laden Bon-Ton Stores Inc. operates just one store in Indianapolis, but that store is the largest tenant in Circle Centre—and considered a vital occupant for the downtown mall.

Exploring the Sports Legends Experience

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