U.S. productivity grows at 2.2 percent rate
U.S. productivity this summer grew at a faster rate than first thought, though it still lagged the pace set in the spring. Labor costs were also revised up.
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Kobe Bryant’s retirement creates windfall for Indy merchandising company
MainGate Inc. has been hired to design, manufacture and sell a wide range of merchandise through wholesale and Internet channels for Kobe Inc.
Roundup: Boone County jail to become distillery, Deer Creek Brewery opens in Noblesville
The old Boone County Jail in Lebanon could be serving food and drinks by early 2016.
Monarch keeps up fight to overturn state alcohol sales law
The largest beer and wine wholesaler in Indiana is asking a state appeals court to find a law unconstitutional that prohibits beer wholesalers from seeking a permit to also distribute liquor.
Downtown condo association again files suit for building damage
Residents of the Hudson condominium complex are suing the owner after the latest round of problems caused $6 million in damage to the structure.
Justices disbar lawyer for $150K theft, other misconduct
An Indianapolis lawyer was disbarred for stealing from clients, “disclosing client confidences for purposes of both retaliation and amusement, threatening and intimidating his office staff (and) lying pervasively to all comers,” the Indiana Supreme Court said.
If Indiana order stands, charity will settle Syrian family
A religious charity said it will finance a Syrian refugee family’s arrival in Indiana — even if Gov. Mike Pence does not drop his order blocking state agencies from distributing federal funds intended to help settle refugees.
Fishers accepting offers on another downtown parcel
The Fishers Redevelopment Commission is accepting bids on a 0.62-acre parcel at 3 Municipal Drive until Dec. 11. The property sits to the south of the Fishers City Court building and is being used for construction staging.
Suit accuses owners of home-repair firm of serial fraud
A lawsuit filed by the Indiana Attorney General's Office alleges that Green Frog Restoration owners James Twaddle and Wanda VanWinkle received more than $280,000 from Indianapolis-area residents for work that they never completed.
IU planning $10M building for Marching Hundred band
The 30,000-square-foot facility would be built just south of Assembly Hall and Memorial Stadium on the Bloomington campus’ northern end.
UnitedHealth says it should have waited on Obamacare
UnitedHealth Group Inc. should have stayed out of Obamacare’s new individual markets longer, the CEO of the health insurer said Tuesday. The company expects losses from the plans this year and next to total more than a half-billion dollars.
Pacers owner Herb Simon expanding his sports empire
Herb Simon, who earned his spot on the Forbes 400 list as part of Simon Property Group, is buying an expansion franchise in the United Soccer League, a professional league with a player-development agreement with Major League Soccer.
U.S. construction spending hits highest level in 8 years
U.S. construction spending jumped in October, fueled by solid gains in home building and the largest increase in federal construction in nine years.
U.S. factory activity shows first monthly decline in three years
U.S. manufacturers have hit a rut in 2015. A global economic slowdown and a rising dollar have crimped exports, while lower oil prices have led energy firms to slash their orders.
Ironworks’ $20.1M hotel project eyes tax break, sidewalk to Fashion Mall area
The developer wants help to offset costs of the 120-room hotel, to be built next to Ironworks at 86th Street and Keystone Avenue. The project would include a sidewalk along 86th Street linking the hotel to the Keystone at the Crossing area.
Boost of biofuel levels pleases neither refiners nor growers
The EPA’s rule could revive a congressional debate over the Renewable Fuel Standard and spill over into the presidential campaign, as candidates stump in Iowa and other corn-belt states.
Colliers buys Summit, continuing commercial real estate shakeup
Real estate firm Colliers International upped its stake in the Indianapolis market by acquiring locally owned Summit Realty Group. At the same time, former Colliers affiliate Resource Commercial Real Estate has reverted to its original name.
Nine state schools among 82 getting $45M in theology grants
Indianapolis-based Lilly Endowment Inc. said the grants are part of its effort to identify and cultivate theologically minded youth who will become leaders in their churches and society.
Indiana-dominated RV-manufacturing industry completes turnaround
Recreational vehicle shipments from manufacturers to dealers are expected to increase 3.5 percent to 369,100 units this year. That's up from 353,400 units in 2007, the last year before sales tanked along with the economy.
Apartment developer plans $37M addition on downtown canal
The developer of the 9 on Canal Apartments project has disclosed plans for a $37 million second phase that would add 194 apartment units and more than 15,000 square feet of retail space along downtown's Central Canal.