Ivy Tech eyes home for expanded auto tech program
Ivy Tech Community College is planning to build a state-of-the-art automotive technology training center at a former Anderson car dealership for $1.4 million with space for about 200 students.
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Developer restoring vacant downtown office building
A local developer has purchased a vacant 12-story office building east of Monument Circle downtown and is embarking on $7 million renovation to return the property to its former prominence.
New FDA rules will put calorie counts on menus next year
The rules deal a blow to the grocery and convenience store industries, which have lobbied hard to be completely exempted since the menu labels became law in 2010 as a part of health overhaul.
Indiana BMV asks drivers to return too-high refunds
The latest accounting error at the Indiana Bureau of Motor Vehicles left the agency asking some drivers Monday to return excessive refunds they've received after being overcharged on excise taxes when registering their vehicles.
Obamacare’s Cadillac tax forcing Indiana employers to tap brakes on health benefits
No Hoosier employers want to pay Obamacare’s 40 percent excise tax on health benefits, which hits in 2018. So they are embracing high-deductible plans and putting more responsibility for health care spending on workers.
$1.75B justice center could stretch budgets
Mayor Greg Ballard's office has said the city intends to pay no more than about $50 million a year over 35 years for a proposed criminal justice facility, bringing the cost to $1.75 billion.
Company news
The U.S. health care system is so complicated, it now takes four years in college to learn how to navigate it. The University of Indianapolis has created Indiana’s first bachelor’s degree program in health care consumer advocacy, which is designed to train workers to help patients wend their way through the health care system. Health […]
People
Dr. Amanda Swingley, an internist and gastroenterologist, has joined St. Vincent Medical Group in Indianapolis. She received a bachelor’s degree from the University of Colorado in Boulder and a degree in medicine from Philadelphia College of Osteopathic Medicine. Dr. Mazen Alsatie, an internist and gastroenterologist, has joined St. Vincent Medical Group in Indianapolis. Alsatie received […]
N.J. lottery misses revenue goal under private manager
New Jersey was the third state after Illinois and Indiana to bet that outside marketing and sales experts could tap hidden lottery riches. The state uses the same private manager as Indiana.
Health care deals lead big year for M&A activity
The health care industry has announced about $438 billion worth of mergers and acquisitions worldwide so far in 2014, about 14 percent of the $3.2 trillion total for all industries.
Steak n Shake profit falls as franchised restaurants grow
The Indianapolis-based burger chain’s smaller annual profit resulted from an ongoing effort to increase the company’s number of franchised restaurants, with plans to open units as far away as the Middle East.
Kiely to step down at Indiana Manufacturers Association
Longtime President Pat Kiely will retire July 1, the group announced Monday morning. In line to replace him is Vice President and Chief Operating Officer Brian Burton.
UPDATE: Indiana Supreme Court hears bus fees case
Indiana Supreme Court justices quizzed lawyers in a case over school busing fees Monday about the limit of the state's constitutional guarantee of a free public education.
2014 CFO of the Year: Diann McKee
McKee has spent 27 years at Indiana State University, the last six as chief financial officer. Today, her responsibilities include not just the financial aspects one would expect, but also facilities maintenance, campus police and human resources.
As deadline looms, crews prepare to reopen U.S. 31
Crews are scrambling to reopen U.S 31 in Carmel by Thursday—giving beleaguered business owners in the construction zone another reason to be thankful this week.
2014 CFO of the Year: Robert A. Coons
Robert A. Coons rose from controller to vice president to chief administrative officer at Rose-Hulman Institute of Technology after joining the Terre Haute institution in 1989.
2014 CFO of the Year: MaryFrances McCourt
MaryFrances McCourt, chief financial officer of Indiana University, is credited with helping find $214 million in savings over the past four years, thanks to volume buying and the application of procurement best practices.
2014 CFO of the Year: John Visconti
John Visconti helped revamp the organization's business model, which led to a one-year revenue increase of 93 percent, taking it from a $4.1 million operating deficit to a $900,000 surplus.
2014 CFO of the Year: Rich Harcourt
Rich Harcourt, senior vice president and chief financial officer of Damar Services Inc., had three decades of experience in banking before he jumped to the children’s service.
2014 CFO of the Year: Janet Allaby
Janet Allaby, CFO for YMCA of Greater Indianapolis, has whipped the fitness and wellness organization into financial shape since she took over in her current role in 1995.