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Business investment climbs as factories thaw from winter

May 26, 2015

Orders to U.S. factories for long-lasting manufactured goods fell slightly in April. But a category that reflects business investment climbed for a second month, a hopeful sign that the key sector is starting to revive.

National Road Yard Sale set for its 12th year

May 26, 2015

The dawn-to-dusk sale spans more than 800 miles of U.S. 40, from Baltimore to St. Louis, and always starts the Wednesday after Memorial Day.

GM poised to reveal big investment at Fort Wayne-area plant

May 26, 2015

GM previously said it was considering upgrading the truck assembly plant  to build its next generation of pickup trucks. The Allen County Council voted in October to approve a 10-year tax abatement that would save GM more than $15 million on a possible $1 billion investment in equipment and related improvements.

Indiana fish farm loses lawsuits over unpaid bills

May 26, 2015

A central Indiana fish farm that last year won approval for a $30 million expansion faces more than $200,000 in court judgments after lawsuits filed by businesses who say the company owes them money.

Montoya racks up $2.4 million for Indy 500 win

May 26, 2015

Juan Pablo Montoya will receive $2,449,055 for his Indianapolis 500 victory on Sunday. The Colombian driver’s earnings were part of a $13,397,315 overall purse announced at the annual victory banquet Monday.

Fallout from Supreme Court case on Obamacare could be ‘ugly’

May 25, 2015

A Supreme Court ruling due in a few weeks could wipe out health insurance for millions of people covered by President Barack Obama’s health care law.

In white-knuckle shootout, Montoya wins second Indy 500

May 24, 2015

Despite a finish in which several drivers had a shot, there was little doubt that the winning team would either be Team Penske or Chip Ganassi Racing. Their drivers dominated the field and led 193 of 200 laps.

Questions about safety hover over 99th Indianapolis 500

May 24, 2015

Concern hangs over the Speedway after the cars of Helio Castroneves, Josef Newgarden and Ed Carpenter all went airborne during practice sessions in the 10 days leading up to Sunday’s race.

Indy 500 broadcast to introduce real-time telemetry

May 22, 2015

Fans watching on television will be able to see just how much physical strain is put on a driver’s body during the race.

Review: Indiana premiere of ‘Big Fish’ proves a catch

May 22, 2015

The intimate space at Theatre at the Center helps the intimate musical about father/son relations.

Local not-for-profit buying bulk of Zender apartment portfolio

May 22, 2015

Merchants Affordable Housing Corp. plans to spend at least $30 million to buy and rehab 10 buildings, most of them north of downtown.

REW Sherwood Zender

TECHNOLOGY

May 22, 2015

An Indianapolis startup looking to elbow its way into the world of smartphone applications has launched a photo app called Sherish. The company is also called Sherish, and the app allows users to store and share pictures privately. Its founders said that, unlike Dropbox and other virtual hard drives, Sherish is photo-focused and its interface […]

VA to cancel contract with Goodwill, ending jobs for 67 workers

May 22, 2015

Goodwill Industries of Central Indiana Inc. is appealing a decision by the Richard L. Roudebush Veterans Affairs Medical Center that would put 63 janitors and their four managers out of work by Aug. 1.

IPS, charter schools discuss common enrollment process

May 22, 2015

Indianapolis Public Schools Superintendent Lewis Ferebee said he’s had “very preliminary” conversations with city officials about creating a common enrollment process to be shared by IPS and Mayor Greg Ballard’s portfolio of charter schools.

Marion County districts to see funding increase in new budget

May 22, 2015

All 11 school districts in Marion County will receive an increase in per-student funding under the state’s new budget.

Charter Schools USA gets OK for south-side school

May 22, 2015

Florida-based Charter Schools USA, which operates three Indianapolis schools under contract with the state, earned a cautious go-ahead this week to open a charter school on Indianapolis’ south side next year. But the company didn’t get everything it wanted.

Private equity fund buying iconic Frisch’s Big Boy chain

May 22, 2015

Frisch's Big Boy restaurants are being sold to a private equity fund, ending family ownership of a Cincinnati-based chain that dates to 1948.

U.S. consumer prices show slight April increase

May 22, 2015

U.S. consumer prices were up slightly in April, but overall gains were held back by another decline in energy costs that offset the biggest one-month jump in medical care in eight years.

7-year-old Simon Cancer Center already outmoded

May 22, 2015

The Indiana University Simon Cancer Center appears ill-suited for the future of cancer care and its own future is in question.

rop-cancer-052515-2col.jpg

How Indy’s hospitals kept chugging through that terrible year of 2013

May 22, 2015

The individual hospital campuses around Indianapolis saw their collective revenue rise 8 percent and their collective operating profits rise 22 percent from from 2011 to 2013. That’s solid, just not stellar, growth.

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