S&P takes significant hit amid global stock rout
The Standard & Poor’s 500 Index fell into a correction Monday for the first time since 2011 in one of the most volatile trading days ever, as a rout in global equity markets deepened.
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Pacers receive CIB approval for $50M practice facility
The five-story practice facility across the street from Bankers Life Fieldhouse would contain a gymnasium and offices for basketball operations and Pacers Sports & Entertainment.
Priority list includes a sampler feast in the park, around-the-world journeys, more
Plus a cabaret stint from Norm Lewis, Broadway star of “Porgy & Bess” and “The Phantom of the Opera.”
Head of Indianapolis gymnastics academy arrested
Marvin Sharp, owner of Sharp's Gymnastics Academy, was charged with three counts of child molesting and four counts of sexual misconduct with a minor.
Surprising heart study could bring Lilly $1B annually
Eli Lilly and Co. didn’t win approval for a new drug last week. But its latest study of an existing diabetes drug could create a blockbuster in its own right—adding as much as $1 billion a year to the coffers of the Indianapolis-based drugmaker.
Carmel hires firm for City Center hotel, conference center designs
The Carmel Redevelopment Commission has agreed to pay up to nearly $25,000 for a firm to create initial designs for a potential hotel and separate conference center at City Center.
Market plunge driven by fearful investors fizzles in U.S.
A wave of fear triggered by instability in China initially doused U.S. stocks on Monday morning, but then quickly receded by noon.
Republic warns of Chapter 11 option if pilots reject contract
Republic Airways Holdings Inc., struggling with a pilot shortage as it works to reach a new contract, said the company may have to seek bankruptcy protection if its latest labor proposal fails.
Thoughts on Indianapolis Opera’s ‘The Man Who Mistook His Wife for a Hat’
With its season opener, IO boldly placed a bet that it can retain and/or find an audience committed to discovery rather than recognition.
Pacers want to build training complex on city-owned land
Pacers Sports & Entertainment is expected to ask the Capital Improvement Board to let it construct a building on city-owned land just east of Bankers Life Fieldhouse.
Pocono CEO says IndyCar return far from certain
Pocono Raceway CEO Brandon Igdalsky said it's "50-50" that IndyCar will return to the track next year. Crowds have been underwhelming the past two years.
Micro-brewery commits to new downtown events center
Round Town Brewery Co. has shelved plans to open on North Pennsylvania Street and instead is taking 16,000 square feet in Biltwell Event Center on the southwest edge of downtown.
U.S. stocks plunge at open after Chinese stock rout
Major U.S. stock indexes dropped more than 4 percent following the opening bell after China's stock market fell Monday by its biggest margin in eight years.
Indiana State Fair draws roughly 907,000 to fairgrounds
The Indiana State Fair Commission said that this year’s attendance total is the fifth highest on record. The fair closed out its 17-day run Sunday.
IndyCar driver Justin Wilson in coma after wreck at Pocono
Wilson sustained a head injury when he was hit by a large piece of debris that broke off a car during the crash-filled race.
State regulators OK solar power agreements for Duke Energy
The Indiana Utility Regulatory Commission on Thursday approved agreements between Duke Energy Indiana and the developers of the four solar farms in the works around the state.
Indiana team that raided Fogle’s home used mobile laboratory
The custom-built lab saves days, weeks or months of time compared with the old method of taking computer gear to another location before examining it.
Indiana, Louisville agree to series for football, basketball
The three-year pact will include games at Bankers Life Fieldhouse and Lucas Oil Stadium.
Butler puts Danko under contract for 5 more years
James Danko, who became Butler's 21st president in 2011, had a year remaining on his current contract, but the new pact will secure his leadership until Aug. 31, 2020.
Hotel, restaurant slated next to Ironworks on Keystone
The firm behind the Ironworks apartment-and-retail complex at 86th Street and Keystone Avenue now intends to build a five-story, 120-room hotel next door.