Chicago venture capital firm plans local office
Hyde Park Venture Partners plans to establish an Indianapolis office this spring on Monument Circle to be led by former ExactTarget executive Tim Kopp.
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Thailand-based manufacturer plans 135 jobs in Anderson
Food container manufacturer Royal Interpack North America Inc., a subsidiary of Thailand-based Royal Group, announced plans Tuesday to spend $11.9 million to open its first Midwest plant.
UPDATE: Vera Bradley to close Indiana plant with 250 workers
The Fort Wayne-based maker of handbags, luggage and accessories said Tuesday it will close the factory May 9 unless business conditions require earlier action.
School chiefs weigh in on proposed new funding formula
Leaders from some of Indiana's poorest school districts said Tuesday they fear proposed funding cuts they're facing, while those from growing districts are worried proposed increases for them won't be enough.
State rep from Indy apologizes for Weiner-like behavior
Rep. Justin Moed, D-Indianapolis, issued an apology Tuesday for what he calls “poor judgment” following an online report that he sent nude photographs of himself and gifts to a woman tied to a 2013 sexting scandal involving a former New York congressman.
Merrill Lynch abruptly parts ways with top financial adviser
Thomas J. Buck, who spent 34 years at the local office of Merrill Lynch while becoming one of the country’s top financial advisers, suddenly split from the firm last week.
Family entertainment venue coming to Hamilton County
Two Westfield-based companies are hoping to open an all-ages attraction filled with a bowling alley, sports bar and grill, arcade, family dining and adults-only indoor and outdoor space for bocce, volleyball and basketball.
A trip back in time to L.S Ayres, a pi party, and more on this week’s A&E priority list
Plus Indy Film Festival’s Film to Fork series continues with “The Search for General Tso.”
U.S. job openings reach 14-year high, and more workers quit
Job openings rose 2.5 percent, to nearly 5 million, the most since January 2001, the Labor Department said Tuesday. The number of people quitting their jobs increased 3 percent, to 2.8 million, the most in more than six years.
Lawmakers to hear from school officials on funding plan
A Senate committee is scheduled to hear testimony Tuesday afternoon from school officials on the House-backed funding plan that would shift tens of millions of dollars to growing suburban districts.
Honda’s new IndyCar aero kit turns frowns upside down
The response to Monday’s unveiling of Honda’s aero kit in California was markedly different than Chevrolet's Feb. 17 debut.
Subdivision could replace golf course in Westfield
A new subdivision with 315 homes could displace a golf course in Westfield, but so far city officials and residents aren’t sold on the plan.
Roundup: Downtown bank branch closing; restaurant coming to Piccadilly
The First Financial Bank branch at the northeast corner of Pennsylvania and Washington streets will close in May, while a restaurant from an Irvington couple opens on East 16th Street.
Land Bank chief wasn’t undercover FBI agent’s first target
Former Indy Land Bank director Reggie Walton wasn't the initial target of an undercover FBI agent who came to town in 2012. But Walton, 33, managed to talk himself into a federal indictment that could put him in prison for 20 years.
East 16th area poised for more redevelopment
Three vacant structures at an intersection just north of East 16th Street have been purchased by two developers planning a mix of office and retail for the struggling area.
Raytheon reaches $5.4 million incentive deal with state
The defense and aerospace contractor plans to add another 249 workers to its existing work force of 912 in Indianapolis by the end of 2020. It also plans to invest about $26 million on the local expansion.
Hard drives with personal info stolen from medical group
The Indiana State Medical Association says two of its computer hard drives that have been stolen contain insurance information on 39,000 people.
Proposal puts children’s museum in former Sears store
A plan that's in its early stages would bring a children's museum to a former Sears store at Mounds Mall in Anderson.
Macerich investors want more to clinch mall megadeal
Simon’s acquisition offer is only 6.6 percent higher than Macerich’s average price in the previous 20 days. One reason the premium looks miniscule is because Macerich’s stock had already jumped 24 percent since November on takeover speculation fanned by Simon.
Nursing homes in Indiana have more money than ever
Through partnerships with county-owned hospitals, Indiana’s nursing homes pulled in about $260 million last year in extra federal funds. That means participating nursing homes enjoyed a 10 percent bonus check.