CIB signs pact for $50 million Pacers practice facility
The five-story, 130,000-square-foot St. Vincent Center will be built downtown across the street from Bankers Life Fieldhouse.
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CBRE’s three-year courtship of Sitehawk pays off
After becoming managing director in 2010 of the local CBRE office, John Merrill knew he needed to do something to improve the firm’s retail services. He soon set his sights on market leader Sitehawk.
Ruling could expose GM to large verdicts in ignition cases
A federal bankruptcy judge has ruled that people suing General Motors over faulty ignition switches can seek punitive damages that could cost the company millions of dollars or more.
VW struggling to keep dealers happy as scandal widens
Volkswagen AG’s goodwill offer of $1,000 to the owners of cars caught in the emissions scandal comes as the company wages a behind-the-scenes effort to soothe another powerful constituency: its U.S. dealers.
Swedish retailer IKEA plans to open store in Fishers
The Swedish home furnishing company known for its massive stores plans to officially announce the new location at a press conference Tuesday morning.
City-County Council gives go-ahead to 16 Tech bonds
The City-County Council voted unanimously Monday night to approve $75 million in bonds for infrastructure improvements that should allow development of the 16 Tech innovation district to move forward.
Louisville dancers sue over claims in escort’s book
Five women say a book by escort Katina Powell falsely accuses them of participating in prostitution at the University of Louisville, according to court documents filed Monday.
UPDATE: Dem leader seeks to outdo Pence on road funding
The leader of minority Democrats in the Indiana House is calling for an additional $2 billion in road funding in a bid to outdo Gov. Mike Pence's call for more highway spending.
Cheap hams could steal the show from turkeys this Thanksgiving
This year’s bird-flu outbreak in the U.S. means turkeys will be more expensive for families sitting down this month for their Thanksgiving meal. But domestic pork supplies are at records, driving down prices.
Advantage CEO exits after un-reported losses come to light
Vicki Perry, the longtime CEO of Advantage Health Solutions Inc., has been replaced after a financial review found “significant un-reported losses” at the Indianapolis-based health insurer.
Supreme Court upholds former Colt’s ‘jock tax’ victory
The U.S. Supreme Court has rejected an appeal from the city of Cleveland over its formula for taxing visiting athletes. The decision upholds a court victory by retired Colt Jeff Saturday and ex-Bear Hunter Hillenmeyer.
Backlash causes Simon to reverse course on Santa glacier display
The Indianapolis-based mall owner already has reversed a decision to—in some malls—replace its traditional Christmas tree in favor of the glacier display after it received a chilly reception.
Indiana legal aid groups get money from bank settlement
The Indiana Bar Foundation says several civil legal aid and pro bono not-for-profits around the state will share $1.4 million in grants during the coming year.
Zoeller opposes robocalling by student-loan debt collectors
Indiana Attorney General Greg Zoeller is urging Indiana members of Congress to work to restore a longstanding prohibition on student loan debt collectors from using robocalls to cellphones.
Dickson announces spring retirement from state high court
Brent Dickson, who will reach the mandatory retirement age of 75 in July, was appointed to the Supreme Court in January 1986 and served as chief justice from May 2012 to August 2014.
Fishers considering $1M short-term loan for road maintenance
Fishers officials are considering whether to issue a $1 million bond that the city would pay back by the end of next year to fund road resurfacing projects throughout the community.
Lilly, other drugmakers face federal pricing probe
Indianapolis-based Eli Lilly and Co. and other U.S. drugmakers are being investigated by federal prosecutors over their drug-pricing practices related to Medicare and Medicaid, according to newspaper reports.
City still on hook for $11.2M on abandoned justice project
Taxpayers still owe $11.2 million to consultants and contractors involved with an abandoned plan to build a new criminal justice center for Marion County.
New state program aims more money at treating offenders
Starting Nov. 1, courts, probation and parole officers and community correction managers were able to begin referring eligible felons to designated drug and mental health treatment centers instead of to jail or prison.
Map changes could mean costlier insurance in Franklin
Hundreds of homes and businesses in a central Indiana city hit hard by flash flooding seven years ago could face hefty jumps in their insurance costs if updated federal flood plain maps are approved.