Stonegate Mortgage’s third-quarter loss more than expected
The Indianapolis-based non-bank mortgage company took a loss of $22.8 million in the third quarter as revenue fell 45 percent from a year ago.
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KAR reports jump in third-quarter profit, revenue
Carmel-based KAR Auction Services Inc.’s earnings fell slightly short of analyst expectations in the third period, but its revenue exceeded predictions.
Indiana State Board of Education delays diploma overhaul
The State Board of Education voted Wednesday to delay adoption of stricter new diploma standards amid worries from parents and educators that the overhaul could limit the career potential of students who are struggling to find their way in the world.
Texas publisher buys chain of Indiana newspapers
The longtime family-owned company that owns several community newspapers in central Indiana—including The Columbus Republic, the Franklin Daily Journal and the Greenfield Reporter—has been sold.
Candidates in tied Indiana mayoral race ponder recount
Republican Mayor Terry Seitz and Democratic challenger Wayne Schuetter both received exactly 1,856 votes on Tuesday in the election for Jasper mayor.
NCAA: College athletes breaking records in graduation rates
Grad rates for the 2008-09 freshman class were up 2 percentage points over rates for the 2007-08 freshmen class, to a record 86 percent. The four-year numbers went up one point, reaching an all-time high of 83 percent.
Local Cushman & Wakefield office names new leader
A veteran Duke Realty Corp. executive is assuming leadership from Jeffrey L. Henry, who has led the office 15 years, a span that included a series of name changes.
Anderson store on Target’s national closure list
Target Corp. plans to close 13 stores nationwide, including one in Anderson, the retailer announced Wednesday.
Calumet Specialty takes loss on lower revenue
Calumet Specialty Products Partners LP took a loss of nearly $49 million in the third quarter as sales fell 32 percent from the same quarter of 2014.
Hogsett: I won’t ‘roll back’ Ballard’s legacy
Republican Mayor Greg Ballard and Democratic Mayor-elect Joe Hogsett came together Wednesday as a show of bipartisanship. Ballard ensured Hogsett’s team a smooth transition.
Candidates in their 20s win at least 3 Indiana mayoral races
Republican Matt Gentry, who won Lebanon's election Tuesday with nearly two-thirds of the vote, was among the 20-something mayoral candidates to claim victory.
Manning-themed beer hits market, Mountain Dew sponsors Pacers’ fan space
Indianapolis microbrewery Tow Yard Brewing Co. and Denver-based Factotum Brewhouse are partnering to make a Peyton Manning-themed beer—named Oatmaha—ahead of this Sunday’s Broncos-Colts clash at Lucas Oil Stadium.
Hamilton County voter turnout dips to single digits
With only a couple contested races—and none considered competitive—only 8.6 percent of registered voters in the 105 precincts with an election cast a ballot.
Zionsville voters approve school funding referendum
The proposal will allow Zionsville Community Schools to impose a maximum 24.44-cent tax rate per $100 of assessed value for the next six years. It is the same maximum rate already in place.
West-side IT firm plans to add 89 jobs by 2019
Kinney Group, which currently has 41 full-time workers in Indiana, said it will invest $5.8 million to renovate 10,000 square feet of space at 2425 W. Michigan St.
Crime, budgets, schools: The issues facing the new mayor
Mayor-elect Joe Hogsett, a Democrat, faces tough challenges that will likely require cooperation with a City-County Council that’s been on the outs with lame duck Mayor Greg Ballard.
‘Uber for marketing’ startup off to hot start
The company, called Torchlite, connects small businesses with freelance digital marketing specialists. An Apple and Salesforce alumna started it in June.
Democrats win control of Indianapolis City-County Council
Democrats won 13 of the 25 districts to maintain their majority as incumbents from both parties lost.
Hogsett wins Indy mayor’s race easily
Democrat Joe Hogsett defeated Republican Chuck Brewer to take over leadership of Indiana’s capital city.
Aluminum extrusion plant plans $8.5M expansion
Alexandria Extrusion MidAmerica LLC is planning an expansion at the aging Indianapolis plant it bought in 2012, helping it create 30 jobs and retain 60 workers.