Kokomo team says baseball stadium on track for May 30 opener
Work on the downtown stadium for the Kokomo Jackrabbits has continued as the city negotiates with Indiana and federal governments.
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Justice center plan needs additional bid process for key offices
The proposed criminal justice center deal before the Indianapolis City-County Council will be just the first of at least two long-term, multi-million dollar contracts. A second is expected to increase total construction costs by $35 million to $54 million.
Lawmakers budget $1 million for Launch Indiana
Indiana lawmakers have designated $1 million for Launch Indiana, a year-old state initiative that aims to support entrepreneurs building “disruptive” companies—as opposed to those starting tried-and-true businesses.
News director, meteorologist Bray set to leave WISH-TV
It’s not clear if Steve Bray is stepping down or was terminated at WISH-TV Channel 8, but sources said he has agreed to stay through the critical television ratings sweeps period, which concludes May 20.
AIT, former execs rack up nearly $5M in legal costs
AIT Labs and its former executives have already incurred nearly $5 million defending themselves against charges by the U.S. Department of Labor that AIT founder Michael Evans sold the company to its employees in 2009 at an inflated price.
Delay in live dealers possible sticking point in gambling bill
The Senate bill, which passed 36-13, doesn’t allow live dealers to oversee table games at the state’s horse track-based casinos in Anderson and Shelbyville, at least not for five years. And that could be a deal-breaker in the House.
Colts extend contract for quarterback Andrew Luck
Andrew Luck is sticking around Indianapolis for at least two more years. If Colts owner Jim Irsay has his way, it will be for a whole lot longer.
Renderings: Milhaus’ Park 10 condos
The local developer’s Park 10 project in the Chatham Arch neighborhood will include 84 units and is one of just a few condominium developments in the works for downtown, as apartments continue to dominate the market.
IndyCar forcing manufacturers to strengthen body components
The enhancements, announced Thursday, are intended to minimize the amount of damage involved in car-to-car contact and reduce the amount of debris littering the track — or hurdling over catch fences and into spectator areas.
Biglari sticks it to critics after shareholder victory
Sardar Biglari conceded nothing after beating back a campaign to oust him and the five other directors of Biglari Holdings Inc., which owns Steak n Shake.
Ticket giveaway: Stutz Artists Open House
A sure sign of spring, the annual gallery hop/musical event happens April 24-25. Want to go?
Anthem’s offer that hospitals can’t refuse
By subtly threatening the loss of patients via a new “reference lab network,” the Indianapolis-based health insurer has persuaded 63 Indiana hospitals to slash their prices for blood and tissue testing by as much as 80 percent—beyond the discounts Anthem had already negotiated with them.
Senate OKs bill to renovate Carroll Stadium for Indy Eleven
A bill that would provide $20 million to help expand and renovate Michael Carroll Track and Soccer Stadium at IUPUI for the Indy Eleven soccer team passed the Indiana Senate on Thursday.
Fishers creates task force to study digital billboards
Fishers Mayor Scott Fadness recently created a task force to study electronic outdoor advertising and make a recommendation to the city on how to proceed with inquiries for digital signage.
Tax revenue misses projections again
Indiana’s new tax collections report shows state revenue was short of projections for the seventh time in the past nine months.
Turbine maker to pay up after missing hiring goal
An Italian wind-turbine maker is expected to pay a central Indiana county $375,000 for failing to meet a goal of hiring 200 workers by the end of 2014.
PROXY CORNER: Endocyte Inc.
Endocyte Inc., 3000 Kent Ave., Suite A1-100, West Lafayette 47906, is a biopharmaceutical company developing therapies for the treatment of cancer and inflammatory diseases.
Entrepreneurs hope to build residential real estate empire through crowdfunding
Jacob Blackett and Sterling White buy rental houses. Through their 6-month-old firm, Holdfolio, the 24-year-olds plan to bundle them and sell investors equity stakes in the portfolio through a Web-based platform.
Ambitious Browning stayed for civic work
Michael Browning never envisioned he’d still be in Indianapolis after arriving nearly 40 years ago from South Bend. But the Detroit native and University of Notre Dame grad bought a business here and became one of the city’s biggest developers.
