Investment firm owner sentenced to 5-plus years for fraud
John K. Marcum, 51, of Fishers, received a 66-month sentence and was ordered make restitution of $3.9 million to 17 victims, including several who lost their life savings.
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Developers pitch two more downtown apartment projects
Buckingham Cos. is proposing to build a 111-unit apartment project on a surface lot north of the Central Library, while a group called Citadel Holdings Co. wants to construct an 80-unit development to the east.
High court weighs state fair stage collapse case
The Indiana Supreme Court is weighing arguments to decide if the state is liable for some of the damages faced by a rigging company in the 2011 state fair stage collapse that killed seven people.
Rolls-Royce to run new R&D facility at Purdue tech park
The global firm with extensive Indiana operations plans to occupy a 40,000-square-foot building to be constructed in the Purdue Research Park Aerospace District, a 980-acre technology park in West Lafayette.
State high court hears arguments in Zionsville merger case
Most of the discussion at the hearing centered on whether Zionsville is adjacent to Perry Township, which is required under state law when governing bodies merge.
Federal agency drops appeal of Illiana Expressway ruling
The motion added to the mounting obstacles in the way of the controversial 47-mile tollway to link Indiana and Illinois south of Chicago.
Airport to auction 320 acres of land for development
The land, which the airport authority said it no longer needs for aviation uses, will be sold in tracts to enable the largest possible number of potential buyers to bid.
Congressmen: Ritz should explain drop in charter aid
The Republican congressmen sent Ritz a letter Monday asking the Department of Education to explain the formula used this year to determine federal Title 1 funding levels.
Indiana lawmakers push regulator to help Alcoa
Beer is giving one top U.S. financial regulator a headache. And so is a group of Indiana lawmakers, who want friendlier treatment for one of the state’s big employers.
Pacers broadcaster recounts breaking back in brawl
Play-by-play announcer Mark Boyle has called a lot of action during a career spanning three decades. Once in a while he even ends up in the center of it all.
Westfield prepares $34M budget for next year
The plan assumes tax rates will be about the same, which means the bill for a home assessed at $250,000 would be roughly $1,900.
Regulators set date for 10-digit dialing in central Indiana
Starting on Sept. 17, calls made within the 317 area will have to be placed using all 10 digits instead of just the final seven.
Ticket giveaway: Lynyrd Skynyrd
The Rock and Roll Hall of Famers are coming to Muncie and I’ve got a pair of seats to give away.
Appeals court tosses Ponzi schemer’s 40-year sentence
A financial broker who bilked clients out of $8.9 million in an investment scam had his state sentence and order to pay restitution overturned by the Indiana Court of Appeals.
IPS might outsource athletic director job, oversight of athletics
The Indianapolis Public School Board is considering shifting the role of district athletic director to a group run by the head of the Indiana Civil Rights Commission.
Large games-oriented bar close to scooping up Circle Centre space
Denver-based Punch Bowl Social, which features old-school pursuits like bowling, billiards, skee-ball and Pac-Man, is nearing a deal to take up to 30,000 square feet of former Nordstrom space.
State lawmakers call for probe into crumbling roads
Rep. Ed Soliday, R-Valparaiso, said an outside investigation might be the only way to get answers about how the state bought $71 million in possibly defective asphalt.
Purdue’s Chao Center regains drug, slashes $360-per-pill price
An Indiana not-for-profit has dropped the price of a drug for multi-drug resistant tuberculosis roughly 90 percent after re-acquiring rights to the medicine from Rodelis Therapeutics.
Anthem, Aetna defend acquisitions called harmful by hospitals
Anthem Inc. CEO Joseph Swedish and Aetna Inc. CEO Mark Bertolini will tell federal lawmakers Tuesday that the deals are necessary to succeed in a changing health-care landscape.
Lucas: Colts stadium naming rights deal a bargain
Seven years into a 20-year agreement, Lucas Oil Products founder Forrest Lucas thinks his company has already gotten its money’s worth from the $121.5 million naming rights deal for the Indianapolis Colts’ home. Or at least nearly so.