Aggressive bidder has Angie’s List over a barrel, analysts say
Internet behemoth IAC appears bent on hashing out an acquisition and likely would stage a hostile takeover if Angie’s List resists, market analysts say.
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NCAA moving March Madness selection meeting from Indy to NYC
Next March's move from Indianapolis is intended to raise the profile of the session with more media exposure for the selection process.
Public colleges lift the bar on fundraising campaigns
Public U.S. colleges are growing more ambitious in the philanthropy race with multi-billion campaigns. An Indiana philanthropy expert says doing so could give lawmakers an excuse to further cut appropriations for higher education.
Roundup: Breakfast eatery opening downtown; Crackers set for new locale
The restaurant will take space in the first phase of Pulliam Square, north of The Tap, while Crackers Comedy Club will reopen downtown, about a block south.
Lawmaker suggests tackling ISTEP issue on Organization Day
Sen. Mark Stoops, D-Bloomington, on Wednesday called for the Indiana legislature to take the dramatic step of passing a bill next week to protect schools and teachers from possible consequences of an expected steep drop in ISTEP scores.
Pinnacle’s $4.7B casino sale faces challenge at Indiana hearing
Pinnacle Entertainment’s proposed sale of its casinos to Gaming & Leisure Properties is being opposed by a union that will ask the Indiana Gaming Commission to reject the plan, saying the deal would give the company more casinos than state law allows.
New business group to promote Indiana LGBT protections
The group calling itself Indiana Competes includes the Indianapolis Chamber of Commerce and will lobby the General Assembly to adopt protections on the basis of sexual orientation and gender identity.
Doctor group asks regulators to block health insurer mergers
Anthem Inc. shouldn’t be permitted to buy Cigna Corp. and Aetna Inc. should be blocked from acquiring Humana Inc., the American Medical Association said in a letter Wednesday to the head of the Justice Department’s antitrust division.
HomeAdvisor owner offers to buy Angie’s List for $512M
IAC/InterActiveCorp went public with its offer after Angie's List's board spurned private overtures. The company said it wants to combine Angie's List with its HomeAdvisor unit to create a home services powerhouse.
Kroger plans $178 million acquisition of Roundy’s
Kroger will add about 150 stores in Wisconsin and Illinois with acquisition, expanding its already sizable presence in the Midwest.
WISH-TV launches news-gathering drone
The drone, called AVI8OR, is the first federally-sanctioned quadcopter aircraft cleared for media use in Indiana, WISH announced Tuesday.
Dura Products to invest nearly $3M in Noblesville facility
Dura Products will construct a 15,000-square-foot building and furnish it with new logistical, IT and manufacturing equipment. The capital investment is expected to be $1.8 million and new equipment is expected to cost $1.15 million.
Insurer to be title sponsor of IU Radio Network
The Indiana University Radio Network will have a new name when the men’s basketball team kicks off its season Friday at Eastern Illinois. Ohio-based CareSource has signed a deal with Learfield Sports to be the network’s first title sponsor.
Runway overhaul completed at Indiana airport
The $5 million project at the Columbus Municipal Airport included removing 9 inches of a runway's asphalt surface and replacing it with 10 inches of concrete.
Area builders see third straight rise in monthly sales
Area home builders saw a 9 percent increase in buyers in October, according to the latest permit numbers from the Builders Association of Greater Indianapolis.
Crop prices fall as U.S. boosts soybean, corn outlook
Crop prices dropped after the latest forecasts from the U.S. government showed soybean production will rise to a record and corn output will be more than analysts expected.
Toy sales on pace for best year in a decade
The growth is being fueled by increasing popularity of collectibles, toys based on Hollywood blockbuster films and better technology that allows toys to do things like talk back to children.
MBA programs moving closer to gender parity
More than a half-century after top universities began admitting women to their MBA programs, business schools are finally catching up to law and medical schools in gender parity.
Indiana pays off federal unemployment loan
Gov. Mike Pence said Tuesday that the payment will save Indiana employers $327 million in taxes, which equates to $126 per employee.
State lawmaker floats pension alternative for new teachers
A key state lawmaker says he plans to sponsor a bill in the next legislative session that would allow new teachers to choose a retirement program similar to a 401(k) plan instead of the traditional pension system.