Local machining firm seeks tax break for $8.5M expansion
Aerodyn Engineering Inc. plans to spend $8.5 million to expand its headquarters at 1919 South Girls School Road and add 20 employees by the end of 2019.
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Court ruling spurs backers’ hopes for redistricting changes
Groups hoping to squeeze partisan politics out of how states shape congressional districts are hailing a Supreme Court decision that lets independent commissions, not legislatures, draw those lines.
Community Health to pay $20M to settle false claims charges
The Indianapolis-based hospital system has agreed to pay $20.3 million to settle claims that it overbilled the Medicare and Medicaid programs.
Ticket giveaway: John Fogerty
Ready to play? Today? Then enter hear to win seats to see the man behind “Centerfield,” “Proud Mary,” and more.
Indiana upstarts ramp up VC fundraising in second quarter
Hoosier tech firms have sought to raise a total of $55 million in venture capital in the second quarter, according to public filings, up from about $39 million in the first quarter.
Iowa Pacific rail partnership launch delayed in Indiana
The Indiana Department of Transportation has asked Amtrak to continue operating the Hoosier State Line between Indianapolis and Chicago until the state can negotiate contracts with Amtrak, Iowa Pacific Holdings and communities served by the route.
Food manufacturer plans $110M expansion of local plants
Chicago-based Ingredion, which makes starches, sweeteners, texturants and nutritionals, is seeking city tax incentives to help it pay for major investments in its south-side operations.
Indiana panel to consider redistricting system options
Indiana lawmakers will review whether the state should establish an independent commission for drawing congressional districts that's similar to an Arizona system upheld by the U.S. Supreme Court.
Former downtown eyesore attracting tenants following major rehab
A 32-unit apartment project on Capitol Avenue, formerly known as the Di Rimini, is leasing up as new ownership finishes fixing all the flaws.
Month-long Indiana tax amnesty set for fall
Delinquent state taxpayers will have a chance to pay up without penalty under a tax amnesty program that will take place Sept. 15 through Nov. 16.
Ellspermann endorses Fiorina in presidential race
Republican presidential hopeful Carly Fiorina has picked up some support in Indiana as Lt. Gov. Sue Ellspermann has agreed to serve as co-chair of her campaign in the state.
Obama plan would make 5 million more eligible for OT
Salaried workers who earn nearly $1,000 per week would become eligible for overtime pay under a proposal President Barack Obama unveiled Monday, lamenting that too many Americans are working too many hours for less pay than they deserve.
Former Ovation CFO arrested on multiple theft charges
The former chief financial officer for Ovation Audio-Video Solutions LLC has been arrested and charged with more than 20 counts of theft for allegedly misappropriating about $600,000 in company funds for his own use.
Produce distributor Caito plans $14.7M expansion, 342 jobs
Caito Foods Service Inc. is seeking tax abatements from the city to help offset the cost of building and equipping a major new distribution facility on the city’s east side.
Indiana House hires attorneys to defend public records suit
The Indiana House has hired two outside attorneys, who bill an average of nearly $400 an hour, to defend itself from a lawsuit filed over its refusal to provide correspondence over a solar power bill.
Priority list includes the Rolling Stones, Audra McDonald, more
One of England’s greatest exports celebrates Independence Day at the greatest sports venue in the world.
First Merchants to buy Ameriana for $69 million
It marks the second announced acquisition in less than a year for First Merchants, underscoring growth plans for the second-largest Indiana-based bank.
Pacers must decide soon if top draft pick can produce this season
Pacers front office honchos will base part of their free agent and trading decisions on what they see in Myles Turner during the Orlando Summer League, which tips off July 4.
High court rules against EPA power plant mercury limits
The court said by a 5-4 vote Monday that the Environmental Protection Agency failed to take cost into account when the agency first decided to regulate the emissions from coal- and oil-fired plants.
U.S. pending home sales climb to nine-year high
More Americans signed contracts to purchase homes in May, as pending sales climbed to their highest level since 2006. Signed contracts, however, were down in the Midwest.