Celadon’s quarterly results beat Wall Street expectations
Indianapolis-based trucking company Celadon Group Inc. topped Wall Street expectations with big increases in quarterly revenue and profit.
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CNO Financial reports lower earnings, revenue
Adjusted earnings of 34 cents per share missed the expectations of analysts who follow the Carmel-based insurance holding company.
Federal prosecutors have copies of alleged Fogle recordings
Rochelle Herman-Walrond, who said she spent five years secretly recording conversations with former Subway pitchman Jared Fogle, gave copies of the recordings to the Dr. Phil Show, which plans to air them Thursday and Friday.
UAW leaders approve proposed labor contract with GM
United Auto Workers leaders have approved a proposed contract with General Motors Co. that promises raises, improvements in health care and a hefty signing bonus.
Duke Realty sees higher profit on property sales
The Indianapolis-based real estate developer said profit increased amid a revenue decline in the third quarter with the help of property sales totaling $238 million.
Tilly’s Tea Room hopes to relocate in Fishers
The building the tea room is located in at 8745 E. 116th St. in Fishers was recently sold to Indianapolis franchise Square Donuts, but owner Sharon Moore said the business will be open through the beginning of 2016.
State school board approves big drop in ISTEP passing rate
The State Board of Education board voted Wednesday to approve benchmarks that will see about 65 percent of students pass the language arts section, with about 59 percent passing the math section.
Fed keeps rate at record low after slowdown in job growth
The Fed offered little clarity on the likely timing of a rate hike. Some Fed officials have signaled a desire to raise rates before year's end. But tepid economic reports have led many analysts to predict no hike until 2016.
Anthem shares fall as Obamacare slump weighs on outlook
Shares in Anthem Inc., the nation's third-largest health insurer by market value, dropped Wednesday after the company’s 2015 profit outlook fell short of estimates.
Forecast for 2016: Strategist says slow economic growth ahead
If the U.S. economy were a compact car, it would be running on just three of four cylinders. That was the central message of a Fifth Third Bank expert at IBJ's 2016 Economic Forecast on Wednesday.
New study finds no teacher shortage in Indiana
The study, released Wednesday by Ball State University’s Center for Business and Economic Research, found there was actually an excess supply of teachers in the state.
IndyCar driver featured in children’s book aimed at finding next-generation fans
Josef Newgarden is teaming with Charlotte, North Carolina-based content development firm, Apex Legends, to publish a children’s book, “Josef, The IndyCar Driver,” that he hopes will not only teach youngsters to love reading—but racing as well.
Massive Greenwood retail project in works on I-65
Developer Gershman Partners is planning a $90 million retail project in Greenwood that would include 700,000 square feet of space, putting it on par with central Indiana’s major shopping centers.
Surge of new customers boosts Anthem’s profit
Anthem’s third-quarter profit rose nearly 4 percent as it added 174,000 health plan members. Its Medicaid, local employer and national employer segments all grew, although its individual business saw losses.
IndyCar keeps 16 races on schedule for longer 2016 season
IndyCar’s 2016 schedule features a holiday weekend race set for Boston, a return to two familiar venues and the 100th running of the Indianapolis 500. It’s also five weeks longer, starting earlier and finishing later.
Lawyer: Escort unlikely to talk with NCAA without immunity
The attorney for Katina Powell says his client is unlikely to cooperate with authorities and the NCAA unless she receives immunity for her allegations that a former University of Louisville men's basketball staffer hired her to conduct sex parties for recruits and players.
Lawmaker: Panel couldn’t reach consensus on drug legislation
A panel that reviewed Indiana's fledgling needle-exchange program couldn't agree on additional steps to combat the state's drug abuse woes, although measures targeting those problems are still in the works.
Pence joins Ritz in calling for pause of testing sanctions
The governor does an about-face and says accountability measures “should reflect fairness to our students, our teachers and our schools.”
Republic Airways pilots vote to approve labor agreement
Republic Airways Holdings Inc. announced Tuesday that a majority of its 2,100 pilots have approved a new three-year contract, ending a years-long labor dispute that threatened to put the regional airline out of business.