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.
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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.
Indy’s east side among eight new federal Promise Zone areas
Housing and Urban Development Secretary Julian Castro announced the new Promise Zone designations Tuesday. The program seeks to increase economic activity, improve educational opportunities, improve health and reduce violent crime.
Cummins sees 14-percent jump in quarterly profit
Revenue from overseas markets declined 6 percent from a year ago, but revenue from North America increased 17 percent as strong demand continued for commercial truck engines.
NFL relinquishing long-held tax-exempt status
In a letter to team owners, Commissioner Roger Goodell said the league office and its management council will file returns as taxable entities for the 2015 fiscal year. Goodell said the NFL has been tax-exempt since 1942, though all 32 teams pay taxes on their income.
Allison Transmission beats expectations with higher profit
Allison Transmission Holdings Inc. on Monday reported a first-quarter profit that exceeded analyst expectations, but fell short of revenue predictions.
Pulte to buy remaining land in Village of WestClay, Lochaven
Between the two high-end communities in Carmel and Noblesville, Pulte Homes expects to be able to build on more than 200 home sites.
Indianapolis Museum of Art to launch preschool in fall
In a partnership between St. Mary’s Child Center and the Indianapolis Museum of Art, 16 slots are available for students to enroll in a new museum-housed preschool, with classes beginning in August.
Former Lilly partner set to pay $2.3B to settle Actos cases
Takeda Pharmaceutical Co. executives have agreed to pay more than $2.3 billion to resolve lawsuits accusing the company of hiding its Actos diabetes medicine’s cancer risks, three people familiar with the accord said.
For-profit college operator Corinthian calls it quits
Corinthian Colleges Inc.—which once competed with the country’s biggest for-profit education companies, including Carmel-based ITT Educational Services—shut down its remaining 28 schools Monday, essentially completing the biggest collapse in U.S. higher education.
Eight applicants seek vacancy on Indiana Court of Appeals
Applicants seeking the soon-to-be-open seat seat include Marion Superior Court Judges Robert Altice and Gary Miller. Several Indianapolis attorneys also are interested.