Prime College Avenue parcel up for bid
AT&T is seeking to unload the property south of Kessler Avenue in a bid process that is expected to attract plenty of interest from developers.
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Legislature passes $31B budget just before midnight deadline
Indiana lawmakers adjourned for the year late Wednesday after passing a two-year, $31.3 billion budget that boosts funding for schools and leaves the state with slightly less money in reserves.
CNO Financial reports profitable first quarter
CNO Financial Group Inc. saw a decline in revenue, but rebounded from a year-ago loss in the first quarter.
Pence signs Indiana ban on powdered alcohol into law
Indiana residents will be barred from purchasing, selling or using a powdered form of alcohol under a bill Gov. Mike Pence has signed into law.
Deal allows inland moves for Indiana’s riverboat casinos
Lawmakers have approved a deal to allow Indiana's riverboat casinos to build on-land facilities, but live dealers won't be working table games anytime soon at the state's two horse track casinos.
Lawmakers pass bill that will let Ritz stay chair of education board
A bill passed Wednesday gives the State Board of Education more authority to oversee Indiana’s ISTEP program and a new grant program that gives more money to charter schools, while keeping Superintendent Glenda Ritz as chair until the next election.
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.