Eiteljorg lands huge art donation from late NFL team owner
The gift from the Bud Adams estate includes significant paintings by noted artists including Frederic Remington, Charles Marion Russell, N. C. Wyeth and Thomas Moran.
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Fed leaves key interest rate unchanged, citing low inflation
The Federal Reserve on Thursday decided to keep U.S. interest rates at record lows in the face of threats from a weak global economy, persistently low inflation and unstable financial markets.
Cummins’ $30M divisional HQ will make statement
The building under construction on the former Market Square Arena site will be modern, with a calibrated glass facade and abundant green space.
Lilly shares jump on latest data from diabetes drug
A diabetes pill called Jardiance sold by Eli Lilly and Co. cut deaths from heart attacks and strokes in thousands of patients, the first drug to show promise in helping subdue two of the world’s most rampant health epidemics.
Turkey breast prices jump after bird flu creates shortage
U.S. restaurants and retailers are facing a shortage of turkey-breast meat, with prices at a record high. The nation’s worst outbreak of avian influenza is to blame.
Five things to watch for from the Federal Reserve
Will the Fed raise the benchmark short-term interest rate from a record low on Thursday afternoon? Economists remain unsure, though the consensus seems to have shifted against the likelihood of an increase.
Historic downtown office building sold for $9 million
Minneapolis-based Onward Investors LLC has purchased the 93-year-old building on East Washington Street and is planning a major renovation. The new owner hopes to attract a restaurant to the first floor.
Budget proposes $250,000 for Indianapolis police cameras
Officials formally unveiled the proposed 2016 budget for Indianapolis police during a Wednesday night City-County Council committee meeting.
Roundup: Cidery in the works; Big Lug opening next month in Nora
Ash & Elm Cider Co. plans to open early next year in space along East Washington Street on the near-east side, while Big Lug Canteen should start serving beers next month from the old Snooty Fox building in Nora.
State attorney general shoots down Ritz’s leniency plan
Indiana's Attorney General dealt a major blow to a proposal by state Superintendent of Public Instruction Glenda Ritz that would spare schools from being penalized for low scores on this year's ISTEP exams.
Equity firm buys software developer Ontario Systems
The software producer, one of the state’s oldest, was acquired by Washington, D.C.-based Arlington Capital Partners for an undisclosed price.
Software consultant plans 80 jobs in downtown Indy
South Africa-based software quality-assurance firm iLab LLC plans to expand its North American headquarters in Indianapolis and add up to 100 workers statewide by the end of 2019, it announced Wednesday afternoon.
Raided nursing home company says it’s cooperating in probe
Indianapolis-based American Senior Communities, which was raided by federal agents Tuesday, said it will fully comply with a government investigation.
Pacers won’t exterminate Mad Ants moniker
Despite the trend of NBA teams buying NBA D-League teams and rebranding them with their own name, the Fort Wayne Mad Ants will remain the Fort Wayne Mad Ants.
Indianapolis dog vies for national pet insurance award
Jackie, a terrier mix from Indianapolis who ingested the contents of a junk drawer, is vying with a tape-eating cat and other reckless animals for the most unusual pet insurance claim of the year.
‘Jock tax’ ruling delayed during appeal to U.S. Supreme Court
The Ohio Supreme Court has delayed its decision that struck down the way Cleveland taxes visiting professional athletes while the city appeals. At issue are challenges by retired Colts center Jeff Saturday and former Bears linebacker Hunter Hillenmeyer.
Lawmakers reject plates for children’s choir, hospital
A panel of Indiana lawmakers has rejected specialty group license plates for the Indianapolis Children's Choir and for Memorial Hospital of South Bend, saying the groups don't have statewide impact.
Pork processor plans $41 million expansion in Indiana
The company behind the Indiana Kitchen brand of bacon and other pork products plans to add more than 90 workers by the end of next year.
Carmel to consider water, sewer rate increases
Standard & Poor’s just reduced the bond rating on the utility’s debt based on concerns about revenue and a low cash balance in the funds.
Westfield approves 10-year tax abatement for new warehouse building
Oak Ridge Road requested the tax break for its proposed 125,000-square-foot facility located on eight acres at 17001 Oak Ridge Road to the north of the 169th Street intersection.