Indiana, private carrier ink deal for Hoosier Line
The Indiana Department of Transportation says four-days-per-week passenger rail service between Chicago and Indianapolis has begun under a two-year contract with Amtrak and Iowa Pacific Holdings.
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NCAA granted stay in O’Bannon case; payments delayed
The NCAA was given a respite Friday when the 9th U.S. Circuit Court delayed the implementation of possible payments to athletes for the use of their names, images and likenesses.
Pence asks for disaster declaration in 53 Indiana counties
Gov. Mike Pence and Sen. Joe Donnelly are asking the U.S. agriculture secretary to declare 53 of Indiana's 92 counties disaster areas because of crop damage and losses caused by flooding and excessive rain.
Drop in number of new Indiana teachers could get state review
The Indiana Department of Education says the number of first-time teaching licenses issued has dropped about 60 percent since the 2009-10 school year.
Hedge fund ups stake in Angie’s List, seeks strategic input
A New York-based hedge fund has increased its stake in Angie’s List Inc. to an "activist position" and says it wants to have input with management about the strategic direction of the company, including the choice of a new CEO and a possible sale of the business.
Noblesville introduces soft-skills campaign
Noblesville leaders announced a new initiative Friday morning to encourage soft skill education for students and employees.
IPS puts Mass Ave bus facility on block
The school system is expecting a flurry of interest in the 11-acre site—dominated by a former Coca-Cola bottling plant—as development opportunities in the popular cultural district dwindle.
Lawmaker seeks answers on Mounds reservoir proposal
The proposed $450 million reservoir near Anderson—created by damming the White River—should be reviewed by a state legislative committee, according to a lawmaker opposed to the project.
U.S. paychecks grow at record-slow pace in 2nd quarter
U.S. wages and benefits grew in the spring at the slowest pace in 33 years, stark evidence that stronger hiring isn't lifting paychecks much for most Americans.
As Angie’s List hits crossroads, shareholders get antsy
For years, the reviews company has sold memberships to consumers and advertising to service providers, but recently it’s been trying to become a marketplace that brokers transactions and gets a cut.
Landmark African-American-owned bar looking for new home
Owner Gwen Robinson hopes to find a new home for AJ's Lounge by the end of August, but for now, the bar—fondly referred to as the "government center's north annex"—is without a home.
Downtown skyscraper sales reset valuations
Four high-profile downtown office towers that recently attracted out-of-state buyers have become embroiled in disputes over their property tax assessments.
Few Indy companies embrace state’s new crowdfunding option
Regulations that went into effect July 1, 2014, allow Indiana businesses to solicit capital from rank-and-file Hoosiers in increments of $5,000 or less per investor. The main stipulation: Both the business and the investor(s) must be Indiana-based.
Anthem’s Indiana profits soar as Hoosiers cut medical spending by $1 billion
Anthem turned out unheard of gains in 2014, the first year of Obamacare’s new health insurance overhaul, as Anthem’s customers numbers held steady but their spending with hospitals and doctors plummeted.
Fishers-based NCA Group acquired by Louisiana firm
NCA Group Inc., an insurance-claims services firm that has been based in Fishers since its founding in 1984, has reached an agreement to be acquired by Hammond, Louisiana-based Worley Claims Services.
Gen Con’s CEO calls for broader LGBT protections
The CEO of a massive gamers' convention said Thursday that organizers are "shopping the show" to other cities and could relocate after 2020 if lawmakers don't expand protections for gays and lesbians.
European tech firm tags Indy for U.S. headquarters, 167 jobs
Emarsys eMarketing Systems AG, based in Austria, is one of the first high-profile international software companies to establish its U.S. headquarters in Indianapolis, local tech observers said.
Legal-tech startup raises money, joins California accelerator
Indianapolis-based PactSafe, a legal-tech startup launched this year by a former Taft Stettinius & Hollister LLP attorney, raised $880,000 in its seed round and was accepted into a competitive Silicon Valley accelerator.
Ambrose handing DTZ property management biz
Ambrose Property Group LLC is spinning off its property management division to DTZ, one of the largest real estate firms in the city.