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.
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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.
LOU’S VIEWS: Stand-ups mix it up at new Mass Ave open mic
10@10 is more of a curated variety show, with the emphasis on laughs. It’s well worth a dollar per comic.
LOPRESTI: Training camp begins and so does the Colts’ numbers game
The stats tell some interesting tales about the boys in blue and their biggest nemesis.
DINING: Atmospheric newcomer Repeal has strong appeal
As if diners needed yet another reason to visit Virginia Ave., along comes a swanky, swaggering new eatery that is as creative as it is evocative.
Fishers faces shortage of offices for small businesses
For businesses looking for small offices, Fishers is practically booked up. The demand for office spaces of 5,000 square feet to 10,000 square feet has ramped up recently in the fast-growing suburb, but supply hasn’t kept pace.
Mega-mergers pressure small health insurance plans
Mega-mergers among Anthem Inc. and its fellow health insurance giants could put pressure on provider-owned health plans such as Advantage Health Solutions and Indiana University Health Plans.
Indiana banks cash in on overdraft fees as low rates linger
Now we know exactly how much of a fortune—or not—that larger, Indiana-based banks are generating from those ill-timed debit and ATM transactions.
Quarter of state’s corn, beans are in poor shape from excessive rain
Indiana has more damage from excess moisture than any other agricultural state, according to the U.S. Department of Agriculture. Purdue University estimates losses to the state’s corn and soybean crops at $300 million and $200 million, respectively.
Lender grants $10 million to affordable-housing projects
The Federal Home Loan Bank of Indianapolis, commonly known as a private-sector bank for banks, announced July 17 that it awarded $10 million in affordable-housing grants in Indiana and Michigan, including two $500,000 grants for projects in Indianapolis.
KIM: Stock buybacks can be a harmful ‘sugar high’
The combination of higher EPS and company buying usually provides a short-term boost to the stock. This makes Wall Street happy, keeps the activists at bay, and helps management enhance the value of its stock options and meet bonus targets.
BOHANON & STYRING: Don’t blow the surplus on ‘worthy causes’
The reserve balances are there for one reason: to cushion against unforeseen shocks that would cause dramatic reductions in public services or tax increases nobody really wants.
Mixed-up morals
Kennedy [July 27 column] rails against allowing the Christian cake baker to refuse baking the cake for “Adam and Steve,” but what if the baker is Muslim?