Rendering: Historic church property’s conversion into hotels
Downtown’s Bethel African Methodist Episcopal Church is part of a $30 million plan to redevelop the property into two hotels totaling more than 200 rooms.
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Indianapolis waste site could get Superfund priority status
A hazardous waste site in Indianapolis could be added to the federal Superfund program's priority list that speeds along investigations of contamination sources and eventual cleanups.
Republic: Unsecured creditors to recoup less than 50 percent
Indianapolis-based Republic Airways Holdings Inc.’s unsecured creditors are likely to recover less than 50 cents on the dollar in the airline’s bankruptcy, and stockholders should expect nothing at all, according to a letter from the company.
Early test leaves Indy 500 drivers confident cars are safer
Ed Carpenter and James Hinchcliffe left Indianapolis Motor Speedway on Wednesday more confident about the cars they will race in May.
Hamilton County official accused of ‘troubling’ email exchange
Hamilton County Commissioner Mark Heirbrandt talked to a St. Joseph County official about helping her financially with her campaign in the same emails in which he discussed a contract the company he works for was seeking in the county.
City to recycling advocates: Dream big now that Covanta’s on hold
About 75 people joined city officials at the Garfield Park Arts Center on Wednesday afternoon for a meeting to discuss ideas for a new citywide recycling program.
Highly skilled manufacturing likely to stay in U.S. but other jobs less safe
Proprietary manufacturing jobs—such as those in the aerospace, automotive and life sciences sectors—are likely to even grow as employers seek talent and quality control. But lower-skilled basic production work is on its way out to international markets like China, India and Mexico, where wages are a fraction as expensive.
Chicago firm pays $40M for downtown office tower
The Hearn Co. has purchased BMO Plaza and plans to upgrade the building by relocating its restaurant space, which has been a “revolving door,” from the second floor to street level.
Louisville announces more sanctions for men’s basketball
The University of Louisville has announced additional self-imposed sanctions on its men's basketball program in the wake of an escort's allegations, reducing scholarships for the 2017-19 seasons and restricting official recruiting visits.
Maurer to give commencement address at IU
Well-known local businessman Michael S. "Mickey" Maurer has been selected to give this year’s address at Indiana University’s graduate commencement ceremony on May 6, the school announced.
Troubled food-additives maker ending local operations
Sensient Flavors LLC, which battled regulators for years over safety issues, plans to permanently close its plant at 5600 W. Raymond St., ending employment for 86 local workers.
Patriots fans sue NFL over team’s ‘Deflategate’ punishment
A group of New England Patriots fans have sued the NFL in an effort to recover the first-round draft pick taken from the team as punishment for the "Deflategate" scandal.
Judge urges Staples, Office Depot to discuss $6.3B deal
U.S. judge urged Staples Inc. and Office Depot lawyers to “sit down and talk” with the Federal Trade Commission about terms for resolving the agency’s opposition to their proposed merger.
Stricter rules unveiled for brokers giving retirement advice
The action, in rules issued Wednesday by the Labor Department, could shake up how billions of dollars in Americans' retirement investments are handled by brokers.
Allergan, Pfizer call off proposed record $160B merger
The biggest U.S.-based drugmaker, Pfizer Inc., will stay put thanks to aggressive new Treasury Department rules that succeeded in blocking Pfizer from acquiring rival Allergan and moving to Ireland—on paper—to reduce its tax bill.
OneJet cuts most Indy service as it shifts hub to Pittsburgh
A year after launching in Indianapolis, the niche airline that focuses on corporate customers has shelved local service to all but one of its nonstop destinations.
Roundup: Hill finalist for citizenship award, Coke unveils Indy 500 bottle
The Score comes to you in a new roundup format. Featured is a local merchandising company, the Indy 500’s latest commercial deal and a look at how technology has changed the way the Pacers condition their players. Plus, a look at the cost of attending The Masters.
Local CBRE office loses leader to another real estate firm
The Indianapolis area’s largest commercial real estate brokerage is searching for a new director with the departure of John Merrill to co-lead the local office of Holliday Fenoglio Fowler LP.
NCAA to mull playing 3 women’s finals in same city again
The decision to play the Division I, II and III women’s basketball championships at one site drew praise from coaches and players. The NCAA will evaluate whether it was a one-time thing or something it should do again.
Broad Ripple tech firm gearing up for capital infusion, hiring binge
Fathom Voice, which sells cloud-based phone systems, is close to completing a $4 million fundraising round as it opens a San Francisco office and adds a prominent state official to its executive team.