Fed leaves rates unchanged; no hint on timing of next hike
The Federal Reserve noted after its latest policy meeting that the pace of job growth has slowed even as the overall economy has improved.
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Scifres joins local software company as president
Don Scifres, a Midwest venture capitalist and former private-sector executive, has joined Indianapolis-based software company SmartFile.
Proposed $20M Carmel development includes steakhouse, town homes
Chuck Lazzara, who owns the Ritz Charles with his wife, has revealed plans for Monon and Main, a mixed-use project on the southwest corner of Main Street and the Monon Trail.
Speedway executive readies for key role at Rio Olympics
Leading up to the Brickyard 400 in July, Allison Melangton will be working 16 hours a day. Those will be relatively light days compared to the hours she’ll work in August coordinating gymnastics coverage for NBC.
Study predicts rising Obamacare premiums in 2017
Premiums for popular low-cost medical plans under the federal health care law are expected to go up an average of 11 percent next year, says a new study. But not in Indianapolis.
U.S. industrial output declines on falling auto production
Falling auto production fueled a broader decline in U.S. industrial output in May, a potentially worrying sign that manufacturers face economic challenges.
Grave in central Indiana road turns out to be family plot
A 185-year-old gravesite in the middle of a rural central Indiana road contains the remains of at least seven people, the archaeologist who led an exhumation of the site said Tuesday.
FBI offers $20K reward in former Fifth Third banker’s death
The FBI on Tuesday offered a $20,000 reward for information that could help solve the 2011 killing of a U.S. banking executive who spent a significant part of his career in Indianapolis.
Longtime nightclub known for drag shows closing
Talbott Street Nightclub, which opened in 2002 on the city’s near-north side, announced it will quit serving patrons June 25.
Indianapolis game publisher acquired by Oakland company
Under the agreement, Indianapolis-based Action Phase Games will become a regional office for Indie Boards and Cards.
Escort’s book publisher, author countersue Louisville students
Indianapolis-based IBJ Book Publishing LLC and author Dick Cady filed suit Friday in Jefferson Circuit Court, alleging the students sought notoriety for themselves and their attorneys and lacked proof of their allegations.
City liable for sign firm’s damages, judge rules
Local billboard company GEFT Outdoor LLC expects to seek millions of dollars from the city of Indianapolis after a federal judge’s ruling that the city’s former sign ordinance was unconstitutional.
Judge hears arguments in bid to block Indiana abortion law
During Tuesday’s hearing, a federal judge questioned whether the law would infringe on some women’s right to an abortion.
Indiana gains ground in Fortune 500 amid shuffle among elite
Indianapolis-based Simon Property Group Inc. and Warsaw’s Zimmer Biomet Holdings vaulted back among the top 500 this year, while local oil refiner Calumet Specialty Products Partners plummeted.
Ontario Systems acquires Washington-based software firm
One of Indiana’s oldest software firms has acquired a Vancouver, Washington, company that specializes in making software for state and municipal governments.
North suburbs fermenting strategies for new liquor licenses
Noblesville is seeing unexpected demand for three-way liquor licenses in its Riverfront Redevelopment District. Other north-side communities are determining how to distribute additional liquor licenses approved by the state.
Ohio retail owner denies merger discussions with Kite Realty
Shares in WP Glimcher Inc. fell nearly 7 percent Monday after the Columbus-based retail landlord refuted reports it was involved in merger negotiations with Indianapolis-based Kite Realty Group Trust.
Missouri company considers $32 million facility in Indiana
A Missouri development company is considering building a $32 million distribution center in northeast Indiana—its latest big development in the Hoosier state.
Trailblazing grocer exploring move to newer, larger space
The Pogue’s Run food cooperative on the city’s east side is discussing whether to put down stakes a few blocks away in the Clifford Corners mixed-use development.
Progress stalled on proposed downtown concert venue
Progress on redeveloping part of the old General Motors stamping plant land into a downtown concert venue appears to have hit a stumbling block over financing, an official for the RACER Trust told Indianapolis City-County Council members Monday.