U.S. stocks close out their worst month in three years
August was a brutal month for investors. Fears about a slowdown in China’s economy and concerns about when the Federal Reserve will raise interest rates pushed stocks sharply lower.
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Agricultural lab planning $12M facility near airport
Sure-Tech Laboratories wants to relocate its Indianapolis operations from leased space at 2435 Kentucky Ave., south of Raymond Street, to a 5,832-acre site west of South Girls School Road and north of West Washington Street.
Business interests donate $2.1 million for Pence travel
Indiana Gov. Mike Pence's travels promoting Indiana as a business haven have been paid for by companies that donated more than $2.1 million to the state's economic development efforts.
Former Subway spokesman Fogle suing ex-aide over loan
Former Subway pitchman Jared Fogle is suing the former head of his Indianapolis-based charitable foundation for allegedly defaulting on a personal loan to buy an Indianapolis home.
Finish Line seeking tax break for local expansion
The Indianapolis-based retailer of athletic apparel plans to spend $1.3 million to add new equipment and create 100 jobs at its far-east side headquarters and distribution facility, the company disclosed.
Obamacare, HIP 2.0 goosing hospital profits—for now
More paying customers helped Community Health Network pull in $47 million in second-quarter profits, a story being repeated at not-for-profit hospitals around the country as Obamacare has boosted the number of insured customers to unprecedented highs.
Company news
The Indiana University School of Medicine has been selected to lead a five-year, $12 million national research project to develop new treatments for inherited cancers and related developmental disorders. The grant comes from the National Cancer Institute. Dr. Wade Clapp, chairman of the department of pediatrics at the IU medical school will serve as the […]
Software startup Tenant Tracker hires first leader
Local technology and real estate veteran Keith Kleinmaier will lead the firm as it attempts to become a leader in the business of tracking retail tenant activity.
Priority list include Alan Cumming at the Cabaret, First Friday art openings, more
Plus skateboard fun (and education) at the Indiana State Museum’s latest show.
University endowment returns falling short this year
U.S. public-university endowments are reporting fiscal 2015 returns that fail to meet the annual industry standard.
Anderson ramps up blight-elimination efforts
The city has received two grants totaling $2.8 million to tear down 128 blighted properties. As of Friday, two properties had been torn down as part of the program.
Greenwood aims for strict development at new exit
When you get off Interstate 65 at a new Greenwood exit, don't expect to find truck stops, fast-food restaurants and multiple gas stations. Warehouses and apartments won't be allowed, either.
Fed bankers still not ruling out September rate hike
Recent stock market turbulence hasn’t made members of the Federal Reserve abandon the idea of a slight rate increase as early as September.
County assessors may push for stricter big-box tax laws
County assessors say a new law didn’t go far enough to protect counties from losing out on tax revenue from retailers in search of lower tax bills.
Dixon snatches IndyCar title away from Montoya
Scott Dixon overcame a 47-point deficit to win his fourth IndyCar championship by winning the season finale Sunday in Sonoma, California.
The best of the most of Dig IN 2015
I couldn’t sample everything, but I tried most of what the annual White River State Park food fest had to offer.
Ex-Subway exec says he didn’t know of Fogle’s sex crimes
A former executive who was in charge of Subway's advertising says he wasn't aware of pitchman Jared Fogle's criminal sexual conduct with minors in 2008, contradicting the statement of a former franchisee.
New boss of Frisch’s Big Boy restaurants plans expansion
The new leader of the Frisch's Restaurants chain wants to flex Big Boy's brand muscle with franchise expansion. The changes could mean more Big Boys in Indiana.
Thousands in Indiana could lose food stamps under new rule
Food pantries and social service agencies across Indiana are bracing for the possibility that up to 50,000 people could lose food stamp benefits this fall unless they comply with a change in federal work and job training requirements.
Ticket giveaway: Van Halen
Not only will one winner score a pair of tickets to the concert, but also land a remastered “1984” CD.
