Rolls-Royce $600M investment took two years to hammer out
Company executives first broached the subject with state officials during a trade mission to the United Kingdom to take in the Farnborough International Airshow.
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Former Louisville escort says she was rebuffed by NCAA
Katina Powell claims she contacted the NCAA alleging sex-related recruiting violations by the University of Louisville basketball program before approaching an Indianapolis publisher about writing a book.
Supreme Court declines to review insider trading case
Prosecutors warned the ruling could hinder the government's campaign to curb insider trading on Wall Street, a crackdown that has resulted in more than 80 arrests and 70 convictions over several years.
Services sector growth slows as orders plunge
Growth in the U.S. services sector slowed in September as sales fell and new orders plunged, evidence that stock market volatility may have hit consumer confidence and limited spending.
Rolls-Royce lays out plan to spend $600M on Indy operations
Rolls-Royce Corp. is planning a wide-scale modernization of its Tibbs Avenue jet-engine plant in Indianapolis that would be part of an overall goal to invest nearly $600 million in its local operations over five years.
Weekend review roundup: IRT’s ‘Gatsby,’ ballet benefit, First Folio’s ‘As You Like It’
Low-low budget Shakespeare and top-of-the-line dance talent each yielded distinct pleasures.
Butler called lone exception to ‘Field of Dreams’ approach
Building or investing in sports facilities in order to boost finances at a university is nearly always a losing play, according to financial experts.
Trucking firm Celadon sells tractor portfolio for $13.6M
Celadon Group Inc. sold a portfolio of semi tractors and their associated leases for $13.6 million to a joint venture controlled by a private-equity firm, Indianapolis-based Celadon announced late Friday.
Subaru incentive deal announced ahead of state board vote
Indiana's business recruitment agency announced nearly $8 million of incentives last month for Subaru's planned major expansion of its Lafayette factory even though it will be months before the agency's board considers approving the deal.
Rolls-Royce to announce ‘significant’ Indianapolis investment
Rolls-Royce did not provide details of the Monday morning announcement, but IBJ reported this spring that the company was in discussions with the city and state on a project that would modernize its Tibbs Avenue jet-engine factory and likely to cost at least $500 million.
Road builder rejects state’s demand for $5 million refund
Brooks Construction said in a letter to INDOT that it would not "accept legal responsibility for an industry problem caused by INDOT's specifications and quality assurance program."
UIndy announces $50 million fundraising effort
The private phase of the "UIndy Starts with You" campaign, which will focus on issues like student opportunities and faculty and academic excellence, has raised $34 million.
House GOP stands by choice of leader who stepped down
Speaker Brian Bosma said Republicans knew of the issues surrounding Rep. Jud McMillin when they elevated him to the chamber's No. 2 post last November, but were satisfied he had addressed them.
Priority list includes Gomez and Morticia musicalized, sci-fi film fest, more
It’s not all creepy and altogether ooky as we enter Halloween month. But that’s a good place to start for this week’s picks.
Katina Powell: ‘This story is the truth’
In a lengthy interview before publication of "Breaking Cardinal Rules," former stripper and escort Katina Powell said she expects many people will be critical of her for arranging sex with University of Louisville recruits but that she did it to survive.
UPDATE: McGee put on leave; his lawyer blasts book
Andre McGee's attorney said his client denies hiring strippers and prostitutes to entertain University of Louisville recruits. McGee's current employer, the University of Missouri at Kansas City, has placed him on paid leave.
IU says it didn’t know about controversial University of Louisville book
IU officials say they did not know about a controversial book that accuses the University of Louisville of recruiting violations when they passed on a message from IBJ Book Publishing owner Mickey Maurer.
UPDATE: Louisville’s Pitino expresses shock, skepticism
The Louisville coach and the school’s athletic director appeared to try to cast doubt on the independence of the book publisher, Indianapolis-based IBJ Book Publishing, pointing out that it is owned by one of Indiana University’s biggest boosters, Michael Maurer. Maurer said the suggestion is "ludicrous."
Deputy CIO picked to lead Indiana Office of Technology
Dewand Neely has been promoted to chief information officer and director of the Indiana Office of Technology, the governor's office announced Friday.
Book: Louisville staffer hired prostitutes to woo recruits
A University of Louisville grad assistant hired strippers and prostitutes to entertain basketball recruits, according to a book from IBJ Book Publishing. The book is based on the journals of an escort who says she organized sex-related parties in a dorm.
