Federal suit: College prep firm insolvent, owes millions
A credit union that holds loans on thousands of prospective college students is suing an Indianapolis-based college-test-preparation company, alleging that it owes it more than $12 million.
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Luck saying all the right things about his coach in wake of team’s first victory
Andrew Luck showed maturity again on Sunday and demonstrated why he is the Indianapolis Colts’ MVP on and off the field.
Lilly stock climbs on positive arthritis drug test
A potential rheumatoid arthritis treatment from drugmakers Eli Lilly and Co. and Incyte Corp. fared better than another drug in late-stage testing, Lilly said Tuesday.
Statehouse services set for longtime state Rep. Crawford
Bill Crawford, who spent 40 years as a member of the Indiana House, will lie in state in the Indiana Statehouse Rotunda ahead of his funeral this week.
Fishers Sports Pavilion project struggles to secure financing
Nearly six months ago, Mayor Scott Fadness announced plans for the $76.4 million Fishers Sports Pavilion. But the project has yet to receive final approval as Fadness remains adamant that financing be secure before the council takes action.
Pizza dough plant with 62 workers set to close
San Antonio, Texas-based C. H. Guenther & Son Inc. said it plans to close its Frozen Ventures facility in Indianapolis “for business reasons.”
Former Speedway fire chief re-pays $58,000 stolen from town
Marion County Prosecutor Terry Curry announced Monday that former Speedway Fire Chief Mark Watson pleaded guilty to the theft of about $58,000.
Suit alleges Crown Hill illegally solicited care-facility patients
Indiana’s largest cemetery illegally made direct solicitations to people in hospitals, mental health facilities and other care settings, alleges a class-action lawsuit filed Monday in Indianapolis.
Two downtown office buildings hit the market
Station Place on South Meridian Street is listed for $10.5 million, and the Indiana University Research & Technology Corp. is accepting bids for its building on the Central Canal.
Broad Ripple apartment project progressing under new developer
J.C. Hart Co. has bought land at the northwest corner of East 66th and Ferguson streets from three local real estate professionals. It plans to build the $17 million Park 66 Flats project on the site.
Republic Airways shares soar after pilot agreement reached
Shares in Republic Airways Holdings Inc. jumped almost 80 percent Monday after the company reached a tentative agreement with its pilots union that eases concerns of a possible bankruptcy filing.
Anthem says industry flush with competition, but local experts have doubts
After Anthem CEO Joe Swedish argued that his $54 billion purchase of Cigna Corp. wouldn’t harm competition, execs at some of Indiana’s most prominent health care and health insurance institutions expressed skepticism last week during the IBJ Health Care Power Breakfast.
Angie’s List restructuring its 1,000-person sales force
The firm is aiming to boost revenue with the biggest reorganization of its sales force in its 20-year history. But some salespeople fear the changes will cut their compensation.
Wheeler Mission to merge with Bloomington relief group
Wheeler will take over the operations of Backstreet Missions Inc., which was founded in 1995. In recent years, Backstreet has provided tens of thousands of meals for clients and thousands of nights of shelter.
Online health-foods seller plans 250 jobs in Indiana
Los Angeles-based Thive Foods plans to spend $8 million on a fulfillment center it opened last month in Batesville.
Settlement clears way for Lilly to launch once-a-day insulin
The settlement with France-based Sanofi SA clears up uncertainty over a drug that could rack up more than $1 billion in sales by 2020, according to Wall Street analysts.
State plans to comply after errors found in charter funding
The Indiana Department of Education says it will comply with rules governing the distribution of poverty aid after federal education officials notified the state late last week that its approach was “inconsistent with the statute and regulations.”
Dow AgroSciences opens research facility at Illinois
Indianapolis-based Dow AgroSciences is opening the facility in the research park at the University of Illinois' Champaign-Urbana campus.
State facing steep bill to keep water systems running
Much of the infrastructure that transports water from municipal drinking water plants in Indiana to homes and businesses is old and worn, and the state faces significant costs to complete needed upgrades, repairs and expansions.
Indianapolis body camera plan may shrink after funding fails
Indianapolis police may downsize plans to equip patrol officers with body cameras after failing to win federal grants to buy some of the wearable devices.