TWG embarking on $24.4M housing project in Michigan
The city of Lansing has chosen the Indianapolis-based comapny to redevelop the former Michigan School for the Blind into a mix of affordable and senior housing.
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SKARBECK: Big banks worth a look at today’s cheap prices
it is easy to see why investors are concerned about bank stocks. Yet, barring a broad economic downturn, which doesn’t seem to be in the cards, there are reasons to like U.S. bank stocks at these lower prices.
BOHANON & STYRING: Obama budget takes on sports-venue subsidies
Obama’s 2017 budget has one provision that makes us want to send him a belated Valentine! He asks Congress to eliminate a federal tax exemption for interest payments on local bonds issued to build professional sports venues.
U.S. Rep. Brooks not seeking Ivy Tech presidency
Sue Ellspermann, who has applied for the Ivy Tech job, is set to resign from her job as lieutenant governor on March 2.
Indy angel group gets aggressive with school startups
Indianapolis-based Vision Tech Angels has always invested in startups born at universities, by way of invitation. Now it’s flipping the script and seeking them out.
A&E roundup: Grammy-winning Hoosiers, an Indy native as Obama, more
Former Wabash College philosophy major Parker Sawyers is getting good bus as the not-yet President of the United States.
Story of Pacers’ 1977 telethon being told on ESPN
The Pacers are the only professional sports team that owes its survival to a telethon, and that strange story is being told between 6 p.m. and 7 p.m. Friday as part of ESPN’s “30 for 30” shorts series.
Anthem not entitled to $3 billion, Express Scripts says
Express Scripts Holding Co. said it’s still working to resolve its contract dispute with Indianapolis-based insurer Anthem Inc., which has claimed it should be getting much more in savings from the pharmacy benefit manager.
Purdue University says applications break record
The university said that as of Monday, applications have been submitted by 47,475 prospective first-year students.
Company pitching ‘upscale’ storage facility on downtown lot
A local company wants to build the $8 million, three-level facility on land that once housed part of the Payton Wells Chevrolet dealership.
CEO behind $500M airport proposal has mixed track record
The top executive at an Indianapolis start-up that wants to build a $500 million medical complex at the Indianapolis International Airport launched a 200-location Dunkin' Donuts business that went bankrupt in 2009 and he filed for personal bankruptcy in 2013.
KAR announces $283M acquisition, quarterly profit
KAR Auction Services Inc. on Wednesday reported slightly lower quarterly earnings that missed analyst expectations. It also said it plans to buy a group of eight auctions in Idaho, Oregon, Nevada, Utah and California.
Calumet shares hit 6-year low after big quarterly loss
Shares in Calumet Specialty Products Partners closed at $12.30 each Wednesday, down 12.6 percent on the day and 38 percent since the beginning of the year.
College exec kills two, himself after family trust dispute
The senior major gifts officer for Wabash College fatally shot his niece and her 4-year-old son at their suburban Indianapolis home Wednesday, following a dispute over a family trust worth millions of dollars, before killing himself inside a downtown hotel room.
Texas A&M, Colts settle ’12th Man’ trademark suit
Texas A&M University says it has reached a settlement agreement with the Indianapolis Colts in the school's federal lawsuit it says was meant to protect its "12th Man" trademark from infringement.
Pence expresses ‘confidence’ in ISTEP report despite alterations
A review of documents showed a top education official made significant alterations to a report that detailed a so-called independent investigation into the unpopular standardized ISTEP+ exam for students.
Ex-worker’s suit: Indiana plant’s illegal hiring depressed wages
A former employee of an Indiana pork processing plant is suing two company officials, saying they were involved in knowingly hiring hundreds of people who weren't in the country legally in order to keep wages low for all of the plant's workers.
Bids to develop IPS Mass Ave site top out at $260M
The proposals for the highly visible, 11-acre site suggest a host of office, retail and housing options, with two calling for a boutique-style hotel.
Elected officials urge Carrier, UTEC to rethink Mexico move
The officials say the company should meet with them and come up with a “pragmatic” solution.
Senator urges quick action on VA hospital probe
Sen. Rob Portman, R-Ohio, on Wednesday urged quick federal action to probe “very troubling” allegations at the Cincinnati VA hospital, which serves more than 43,000 veterans from southwest Ohio, Kentucky and Indiana.