IndyCar to run 17 races over five months next season
IndyCar will race at two new venues as part of a 2015 schedule that begins on a street course in Brazil in March and wraps up at the end of August on the road course at Sonoma.
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Remy suffers quarterly loss despite improving sales
Pendleton-based manufacturer Remy International Inc. saw a big bump in sales in its latest quarter but took a sizable loss after paying part of a legal settlement and dealing with costs associated with its recent acquisition of USA Industries.
Celadon sees more profit, revenue in latest quarter
Celadon Group Inc. saw profit increase 21.2 percent in its latest quarter as revenue climbed 10.5 percent, the Indianapolis-based trucking firm announced Wednesday.
HHGregg shares fall on disappointing quarterly results
The company lost more than $10 million in its latest quarter as it saw comparable-store sales fall in every product category except home products.
Traffic lanes would shrink under plan to overhaul Circle
Officials charged with overseeing a $60 million project to make Monument Circle and surrounding streets more pedestrian friendly will unveil design plans to the public Nov. 5.
IPS dumps Teach Plus contract as board members trade barbs
The school board reversed course and dumped a contract with a national teacher program, as angry board members accused each other of playing politics.
Alzheimer’s drug makes Avanir potential Lilly target
Eli Lilly and Co. would be a logical acquirer for the maker of a drug that could treat agitation in Alzheimer’s patients.
Secretary of state candidates battle over voting issues
Democrat Beth White is banking that Hoosiers are ready for a change as she fights to unseat Republican Connie Lawson from the secretary of state’s office. Secretary of State Connie Lawson is asking voters for a full term in the office.
Health care overhaul doubts ease for insurers
Health insurers such as WellPoint Inc. entered last fall cautious about a major coverage expansion initiated by the health care overhaul, but are finding the challenges more manageable than expected.
House Republicans look to protect supermajority
All 100 House seats are on the ballot next week. Republicans currently hold a 69-31 edge, controlling two more seats than the 67 needed to give them a supermajority.
BioCrossroads: Life sciences funding hit $25B in past decade
In the decade after the founding of the BioCrossroads initiative, money spent on life sciences research and companies more than doubled, according to a report released Thursday by the Indianapolis-based life sciences business development group.
Upstart local casket company about to go under
Genesis Casket Co., a locally based manufacturer that appeared to be on the fast track just a few years ago, has notified the state that it plans to close its Indianapolis headquarters, ending employment for 56 workers.
Duke Realty reports higher profit, revenue for third quarter
The real estate developer of commercial properties posted increases due to higher occupancy and growth in rents.
Forecast for 2015: Strategist says economy has juice
A Fifth Third Bank expert told attendees at IBJ's 2015 Economic Forecast on Thursday that the business cycle is maturing but still has some oomph left in it.
Hoosier medical device companies look off shore
Slowing domestic growth pushes executives to brighter markets.
UPS predicts 11-percent hike in December packages
United Parcel Service Inc. said Wednesday that it will handle 585 million packages worldwide in December.
Ticket giveaway: Indy International Festival
Indy International Festival returns Nov. 21-23 and IBJ has five family four-packs of tickets to give away. Just name your favorite ethnic restaurant and you could win.
Eli Lilly donates $12.7 million to United Way
The donation represents the giving of employees and retirees of Lilly and Elanco Animal Health in the U.S. and Puerto Rico, plus a matching contribution from the Lilly Foundation.
Wellness provider beefing up new Carmel office
A year after announcing plans to move its headquarters from San Diego to Carmel, wellness provider American Specialty Health has about 170 employees working in central Indiana—including 60 who relocated from other offices. It plans to hire another 30 this year and up to 250 in 2015.
