Program that helped put students on path to college leaving state
A combination of setbacks has caused College Summit, which helped high school students make it to college who otherwise might not have gone, to suspend operations in Indiana.
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Indiana paying $71M more on Lucas Oil Stadium debt
The Indiana Finance Authority is paying about $71 million to Goldman Sachs Group Inc. to end an interest-rate swap as part of a bond sale to refinance debt for Lucas Oil Stadium. An additional $34.7 million is being paid for the Indiana Convention Center.
IndyCar still trying to find answers to frightening crashes
Questions concerning the level of safety headed into the Indianapolis 500 continued to mount Monday after James Hinchcliffe was injured in a crash.
Council panel advances stripped-down billboard resolution
The amended proposal will advance to the City-County Council as a special resolution that would put the Metropolitan Development Commission in charge of the billboard-approval process.
Indiana judge weighs fate of BMV overcharges case
A judge heard arguments Monday in the case alleging that the BMV overcharged motorists by tens of millions of dollars for fees and services.
Pence planning to run for second term in office
Indiana Gov. Mike Pence plans to announce that he’ll run for re-election during the GOP’s spring dinner next month.
Plainfield logistics company to expand at new site
Integrated Distribution Services Inc. plans to consolidate its operations in Plainfield into one huge facility, enabling an expansion that could create 71 new jobs by the end of 2020, the logistics company announced Monday.
IPL plans $25M power-storage facility at Harding Street plant
The utility is seeking a $3.1 million tax incentive that it says will help it retain 791 employees in Marion County.
Health insurers press gas on value-based payments
In Indiana, Anthem has struck accountable care organization deals with 14 health care provider groups and signed up nearly 2,900 primary care providers to its medical home program. And it’s pushing for more in the future.
WRTV hires new co-anchor for 7 p.m. newscasts
Jason Fechner, a reporter and anchor at WQAD-TV Channel 8 in the Quad Cities since 2006, will join WRTV on Thursday.
Priority list includes 500 Festival Parade, ‘School House Wrong!,’ more
Hollywood stars may be in short supply, but athletes will be out in force for the annual balloon-bedecked march/drive/stroll through downtown.
Supreme Court strikes down Maryland tax law
The 5-4 ruling could mean the loss of hundreds of millions of dollars in revenue for Maryland and affects similar tax laws in nearly 5,000 local jurisdictions in other states, including New York, Indiana, Pennsylvania and Ohio.
Company news
Franciscan Alliance has offered to take over Jasper County Hospital in exchange for accepting all of the hospital's liabilities and debt, according to the Rensselaer Republican. A proposed asset purchase agreement was discussed May 13 by a joint meeting of the hospital’s board of trustees, the Jasper County Commissioners and the Jasper County Council. The […]
The Speak Easy director stepping down this summer
Denver Hutt, the first director of the popular SoBro co-working space, plans to pass the reins in the next few months.
People
Dr. Terene Varghese, an internist, has joined St. Vincent Medical Group in Fishers. She earned her bachelor’s degree from St. George’s University in Grenada and her medical degree from St. George’s University of School of Medicine. Louisville-based benefits brokerage Assured Neace Lukens has named Matt Heincker a senior account executive for employee benefits in the […]
Sun King’s Fishers brewery could be delayed to 2018
The Fishers City Council might vote on a resolution Monday night that would extend the economic-incentives deal for the proposed destination brewery and tasting room by two years.
IMS to get major renovations before next year’s Indy 500
Officials are planning another $30 million-plus in renovations to the historic track in time for the 100th running of the Indianapolis 500 next May. Improvements will be made to gateway entrances and grandstand seating.
Scary crashes prompt series to slow down Indy 500 qualifying
Over five days, three drivers hit the walls at Indianapolis Motor Speedway and all wound up with a similar result: going airborne. IndyCar officials responded by reducing horsepower and eliminating the pole shootout.
Indiana Limestone Co. back on solid ground after bankruptcy
All 166 employees were laid off on May 2, 2014, but Wynnchurch Capital quickly bought the business for $26 million and hired back 120 of the company's former stonecutters. Since then, the operation has added 43 workers.
Indy’s Mini-Marathon sees drop in number of finishers
Organizers of the OneAmerica 500 Festival Mini-Marathon say they're focused on producing a quality event and aren't concerned by the number of finishers, which have fallen from 31,170 to 24,472 in three years.