After swoon, Lilly Endowment climbs back over $10B
Assets in 2014 rose from $7.7 billion to $10.1 billion, a 31-percent surge. The value of the endowment now has nearly doubled since closing 2010 at $5.3 billion.
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Three Indiana technology firms join elite startup list
CloudOne, SteadyServ Technologies and Blue Pillar were recognized as Red Herring Top 100 North American Startups on Wednesday, marking the first time three Hoosier firms took the honor in the same year.
Ritz officially joins race for Indiana governor’s office
Indiana Superintendent of Public Instruction Glenda Ritz joined the Democratic race for governor Thursday, setting up what could be a divisive three-way primary.
Rosenthal retiring as CEO, president of Conner Prairie
Conner Prairie President and CEO Ellen Rosenthal has led tremendous growth at the interactive history park in Fishers since 2003. She plans to retire at the end of the year.
U.S. productivity declines while labor costs shoot up
Productivity fell at a 3.1-percent rate in the first quarter, a bigger drop than the 1.9-percent decline estimated a month ago, the Labor Department reported Thursday.
International Monetary Fund cuts U.S. growth forecast
The International Monetary Fund is downgrading its outlook for the U.S. economy this year and says the Federal Reserve should wait until the first half of 2016 to start raising short-term interest rates.
Roundup: More restaurants for Mass Ave; Jockamo opens at Fort Ben
Lincoln Square Pancake House and a yet-to-be-named steak and seafood chophouse have committed to the Millikan on Mass project, joining Nine Irish Brothers at the apartment and retail development.
Developer proposes revised plan for criminal justice center
The partnership that wants to develop a criminal justice center in Indianapolis has proposed a slightly scaled-down version to the City-County Council in hopes of resurrecting the project.
Pence’s welcome letter for LGBT festival draws criticism
A letter from Gov. Mike Pence welcoming visitors to Indianapolis' upcoming Circle City IN Pride Festival is drawing criticism from both the state Democratic Party chairman and a conservative group, who are unhappy for different reasons.
IU trustees approve Bloomington tuition freeze
Tuition increases at IUPUI and IU's five regional campuses will increase by an average of 1.65 percent.
U.S. steelmakers file trade case over imports from China
Steelmakers including Indiana-based Steel Dynamics Inc. filed a trade complaint alleging that imports of corrosion-resistant metal from China and four other countries are being sold in the U.S. at unfairly low prices.
Whitestown likely to appeal Zionsville case to higher court
The Whitestown Town Council will vote Tuesday on whether to appeal the ruling from the Indiana Court of Appeals allowing Zionsville to merge with Perry Township.
Revamped State Board of Education has quiet first meeting
Indiana's revamped State Board of Education had no disputes during its first meeting with five new members.
Indiana’s top power provider appoints new president
Duke Energy Indiana has filled its president’s position from within, elevating Melody Birmingham-Byrd to the electricity provider’s top spot.
Opus building $10.9 million warehouse on west side
The Minneapolis-based developer is constructing the facility on a speculative basis, as demand for industrial space in the metropolitan area remains high. The building should be finished in February.
Victory Field keeps pace with newer, more expensive venues
The aging downtown home of the Indianapolis Indians continues to draw national attention and earn rave reviews, including a No. 6 ranking on a list of the nation’s best minor-league ballparks.
Limbaugh show lands at new iHeartMedia station
The Rush Limbaugh Show—set to be dropped by WIBC-FM 93.1 next month—will continue to be heard on Indianapolis radio airwaves without interruption after being picked up by iHeartMedia Inc.
Taft bolsters IP practice by snatching 10 lawyers from rival
In one fell swoop, the law firm more than doubled the size of its intellectual property team with the additions it scored from Krieg DeVault. The move could bring as much as $10 million in annual revenue to Taft.
Ex-congressman Baron Hill entering U.S Senate race
Former U.S. Rep. Baron Hill says he's ready to be the first Democrat to enter Indiana's U.S. Senate race to replace retiring Republican Dan Coats.
Greenwood adds e-cigarettes to public smoking ban
The ban prohibits smoking in places such as restaurants, building entryways and parks, but not bars.