Indy-area home sales rebounded in 2015
Sales of existing homes in the nine-county area experienced their most robust performance since before the Great Recession, while prices continued to rise, F.C. Tucker said Wednesday.
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Hyde Park raising $60 million for latest venture fund
The Chicago-based firm, which opened an office in Indianapolis last year, will likely use some of the money to continue investing in Indiana tech startups.
Eighth state senator decides not to seek re-election
Indiana state Sen. Jim Arnold has joined seven other state senators to announce he or she is retiring or running for another office.
Area home builders see fourth straight year of rising sales
Home builders in the nine-county metropolitan area saw a surge in buyers in December, helping 2015 turn out to be a positive year for local home construction.
Colts’ TV ratings decline as team misses playoffs
The team’s weak conference surely didn’t help as games against AFC South rivals were some of the least-watched Colts games in central Indiana. The team’s sub-par play certainly was a factor too.
New retail buildings coming to Fishers, Carmel
Terre Haute-based Thompson Thrift plans to break ground on a new 10,900-square-foot multi-tenant retail building to be anchored with a brunch restaurant this month.
Anthem seeks $3B more in drug savings from Express Scripts
Anthem, which contracts with Express Scripts to manage drug costs for its members, said the pharmacy manager should be passing along about $3 billion a year more in the savings it negotiates from drug companies.
Obama nominates Selby, Ong for federal judgeships
Winfield Ong, chief of the criminal division in the U.S. Attorney’s Office, was nominated for the U.S. District Court for the Southern District of Indiana. Myra Selby, former Indiana Supreme Court justice, was nominated for the 7th Circuit Court of Appeals.
UPDATE: Pence seeks fourth state port for Indiana
The governor said in his State of the State address that a port on the Ohio River in southeastern Indiana could “unleash enormous economic investment” throughout the region.
UPDATE: Pence says he won’t support LGBT bill that ‘diminishes’ religious freedom
In Tuesday’s speech, Indiana Gov. Mike Pence said he would give “careful consideration” to any bill sent to his desk but stressed tenets of the Indiana Constitution supporting religious freedom and freedom of conscience.
Indy drug firm scores multi-million-dollar help from NIH
Indianapolis-based Chondrial Therapeutics LLC has been accepted into a program run by the National Institutes of Health that will provide the drug company with services worth at least $5 million, the company estimates.
Indiana House, Senate each pass ISTEP bills
Indiana lawmakers have overwhelmingly approved bills giving teachers and schools a one-year reprieve from being punished for poor student performance on ISTEP exams.
Pence’s $481M road-funding plan clears preliminary hurdle
Gov. Mike Pence’s plan differs sharply with a longer-term plan offered Monday by Indiana House Republicans, who want to raise gasoline and cigarette taxes to boost funding levels for road improvements.
Anthem stock jumps on better health plan enrollment
Investors bid up shares of Anthem Inc. on Tuesday morning after the Indianapolis-based health insurer said its health plan membership ended the year at higher levels than expected.
Farm boom fizzles as crop surplus expands financial strain
While many growers remain profitable, the global commodity slump is increasing pressure on a Midwest economy that was largely shielded from the worst of the financial crisis by high crop prices and land values.
Old National to acquire Anchor BanCorp Wisconsin
Evansville-based Old National Bank said it will purchase Anchor, the third largest bank in Wisconsin, in a stock-and-cash deal valued at $461 million.
ISTEP bills escape amendments, but not some criticism
Bills in the Indiana House and Senate that would prevent the latest ISTEP results from having a negative impact on schools and teachers are moving along, but not every lawmaker wants to fast-track the bills.
IU fans still not sold on school’s football coach
The first five years of the Kevin Wilson era have done little to move the needle on Indiana’s home football attendance. With a new contract that doubles Wilson’s salary announced Monday, IU leaders must be hoping for a better return on investment.
Restaurateur plans condos behind new eatery on New York Street
Mike Cunningham and business partner Patrick Heitz have received approval to build two upscale condos in one structure at the rear of the Vida restaurant, set to open early next month.
Roundup: Vida opening downtown, Wild Birds store relocating, and more
The latest offering from Cunningham Restaurant Group is set to open Feb. 2 in the former home of Amici’s. Plus, the Lafayette Square area welcomes an international grocery, and Sky Zone is opening a third location.