City dodges bullet as HQ stays under Anthem-Cigna deal
The company says its corporate headquarters will remain in Indianapolis, where its operations are responsible for contributing millions of dollars in corporate taxes and charitable giving.
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Developer on Carmel’s $150M Midtown project speeds up schedule
Justin Moffett, principal of Carmel-based Old Town Development LLC, told the Carmel Plan Commission there has been strong interest in office space including a $25 million building anchored by Merchants Bank of Indiana.
VA secretary optimistic Congress will plug budget gap
During a visit to the Richard L. Roudebush VA Medical Center in Indianapolis, Robert McDonald said Thursday he thinks Congress will act to avoid shutting down some VA hospitals and other cost-cutting steps.
Ohio firm to build hydroponic veggie farm in Indy
The city of Indianapolis is partnering with the Toledo company to build the $1.2 million project in a retrofitted, southeast-side warehouse.
FROM THE ARCHIVES: Anthem’s path from laggard to leader
This 1992 profile of then-CEO L. Ben Lytle chronicles the evolution of the company—then known as The Associated Group—from a sleepy health insurer operating in only one state into an acquisitive, aggressive business with national ambitions.
Simon sees jump in cash flow, sunny skies ahead
Simon Property Group Inc., the largest U.S. mall owner, on Friday reported a 22-percent jump in second-quarter funds from operations and increased its full-year forecast as rising employment helps lure shoppers.
Anthem to buy Cigna in $54B deal
After a long and stormy courtship, Anthem Inc. announced Friday morning that it will pay $188 per share to acquire Cigna Corp., valuing the deal at $54.2 billion in cash, stock and the assumption of debt.
Lilly, Anthem show high risk, high reward strategy can pay off
The CEOs of Eli Lilly and Anthem are being rewarded by investors for taking high-risk approaches to develop breakthrough drugs, make major acquisitions.
Anthem’s next challenge: getting regulators to say OK
The next challenge for Anthem Inc. in its quest to marry Cigna Corp. is to get its legal guardians to allow the ceremony to happen.
Once-fringe Gen Con powers game industry
Indy’s annual Gen Con convention has become a powerhouse in the growing $880 million international hobby game business—and a boon for homegrown gaming startups, including Plowgames.
Deal crowns Klipsch ‘Cadillac’ of headphones
The Indianapolis-based manufacturer will supply Klipsch Image One headphones to be part of a rear-seat DVD entertainment system for Cadillac’s 2015 and 2016 Escalade Platinum edition.
Indy firm joins FBI in race to secure stolen cyber-spying tools
Security analysts and software developers at Rook Security worked with other IT security firms and the FBI’s Indianapolis office to develop a tool that can detect if any of the cyber-spying tools stolen from Italian surveillance firm Hacking Team programs have infected a computer.
Land bank successor aims for openness
A startup not-for-profit has begun returning vacant and tax-delinquent properties to the city’s tax rolls, stepping into a void left by the disgraced Indy Land Bank.
Hamilton County’s residential boom leaves affordability behind
Only about 2 percent of the avalanche of residential units built in Hamilton County the last five years is dedicated to affordable housing.
Rounds played, revenue plummet at flooded golf courses
The season has been so bad, some central Indiana courses are facing significant financial losses—and perhaps ruin.
First Financial buying Indy lender in $110M deal
Cincinnati-based First Financial Bancorp has agreed to pay $110 million to acquire Indianapolis-based Oak Street Holdings Corp., a lender to insurance agents and brokers, the bank announced Thursday afternoon.
Indiana gets 3-year waiver from No Child Left Behind
The waiver frees the state from some federal testing and school progress rules and lets Indiana keep greater control of how it spends about $230 million in federal education funding.
BASILE: Singing the praises of sights in the world-class ‘Bayou City’
What U.S. city ranks fourth in population and No. 1 on the Forbes list of the fastest-growing economic powerhouses in the United States?
