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Duke Realty posts higher quarterly profit, revenue
The Indianapolis-based real estate developer reported strong earnings on higher occupancy and growth in rents.
Indy Eleven stadium bill dies as session nears close
A bill that would have funneled state money into a new or substantially renovated soccer stadium for the Indy Eleven has died in the legislative session's final hours.
Meridian Music Company shrinking, splitting location in Carmel
After 10 years in Carmel’s Old Meridian District, Meridian Music Company is moving and downsizing operations.
Carmel’s TIF districts exceed assessed-value projections
Carmel’s tax increment financing districts have $32 million more in assessed value than projected about a year ago.
Three brothers plead guilty to massive biofuels scam
Chad and Craig Ducey of Fishers and Chris Ducey of North Webster have pleaded guilty to participating in a biofuels scam that federal investigators are calling “one of the largest tax and securities fraud schemes in Indiana history.”
Kroger’s $464M plan for Indy includes new stores, 3,440 jobs
The Cincinnati-based grocer on Wednesday revealed further details of a four-year strategy to solidify its place in the Indianapolis-area market, including new, expanded and remodeled stores.
Franciscan names new CEO for Indy hospitals
Dr. James Callaghan will replace Bob Brody as CEO of Franciscan’s three hospitals in Carmel, Indianapolis and Mooresville. Brody will oversee all ambulatory centers and physician offices in the entire Franciscan health system.
IU, Kentucky in talks to renew storied basketball rivalry
With temperatures warming and the first flowers starting to sprout here in Indiana, IU Athletic Director Fred Glass is feeling optimistic that maybe—just maybe—the Hoosiers’ hoops rivalry with the University of Kentucky can be renewed.
Economy barely grew in first quarter, U.S. Commerce report says
The U.S. economy skidded to a near halt in the first three months of the year, battered by a triple whammy of harsh weather, plunging exports and sharp cutbacks in oil and gas drilling.
Danica Patrick losing GoDaddy as primary car sponsor
The 33-year-old Patrick is in the final year of her contract at Stewart-Haas Racing and landing a primary sponsor could be key to her NASCAR future.
Corinthian students steered to other schools under investigation
Corinthian Colleges students, whose schools closed this week amid fraud allegations, are being steered by the U.S. Education Department to other for-profit chains also under investigation for similar misbehavior, including Carmel-based ITT Educational.
Mother-daughter home rehab team gets shot at HGTV gig
Karen Jensen and Mina Starsiak, owners of Two Chicks and a Hammer, will be featured in a TV pilot airing Monday on the network. They could parlay the appearance into a 12-episode season.
Anthem’s first-quarter profit surges past Wall Street’s predictions
Anthem exceeded Wall Street’s profit expectations by 47 cents per share and raised its full-year profit forecast by 20 cents per share.
Celadon sees big rise in quarterly revenue, profit
Celadon Group Inc. saw a huge jump in profit in its latest quarter as revenue surged, the Indianapolis trucking company said Tuesday.
Lawmakers reconsidering search fee for public records
House members have approved a proposal that would allow government agencies to charge a searching fee for record requests that take over two hours. After that time, they could charge up to $20 an hour.
Gambling, education, criminal justice bills still unresolved
Indiana lawmakers were still working late Tuesday to make deals on key bills about gambling, education and local criminal justice programs with just one day left in the 2015 legislative session.
Budget bans state archives building on Central Canal
The Pence administration would be banned from constructing a new, $25 million state archives building along the Central Canal in downtown Indianapolis under the budget bill lawmakers plan to approve Wednesday.
Budget deal means more for schools, less for roads
Most charter schools would get additional money, teachers would get a $100 tax credit and the governor’s regional cities initiative would be funded under a budget compromise the Indiana House and Senate reached Tuesday.
Noblesville considers tax break for $11M senior living center
The 37,000-square-foot memory care center that would be known as Poets Walk has been proposed by Senior Real Estate LLC, an affiliate of Florida-based Silver Cos.