New IPS teacher contract includes performance bonuses
Under the pact approved by the school board Tuesday, teachers who were rated “effective” last fall can earn a $1,500 one-time bonus.
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MacAllister Machinery plans $44.5 million headquarters
The longtime Caterpillar dealer said the 300,000-square-foot project on 133 acres at 6300 Southeastern Ave.will create 70 jobs.
More insurers to offer health law plans next year
The Health and Human Services department on Tuesday reported a net increase of 63 insurers joining the market in 43 states plus Washington, D.C.
Indiana’s use of renewable energy up over past decade
In 2002, less than 2 percent of the state’s energy use came from renewable resources. By 2012, the last year for which objective statistics are available, the rate increased to more than 5 percent.
State’s way of paying public defenders debated
The state pays the salaries of its judges and prosecutors, but public defenders are paid by counties that are only partially reimbursed for their costs—an approach that some including the executive director of the Indiana Public Defender Council want to see changed.
Despite NFL controversies Colts TV ratings on the rise
The controversy surrounding former Baltimore player Ray Rice, who punched his now wife in the face and knocked her out, should not ruin the entire sport, said the CEO of one of the Indianapolis Colts’ biggest sponsors.
Indiana Toll Road operator set for short bankruptcy
The operator of the Indiana Toll Road, which paid $3.8 billion for a 75-year operating lease, won approval Tuesday of a schedule paving the way to exit bankruptcy court protection in just more than a month.
ExactTarget parent wants to build office tower in Indianapolis
The CEO of Salesforce.com, which purchased ExactTarget for $2.5 billion last year, told IBJ on Tuesday morning that the firm was looking for the right opportunity.
When will corporate travel come back?
An industry coalition is launching an attack on the ‘AIG effect’ in the hope of restoring a lucrative niche.
Solana apartment complex sells for $60.5 million
The sale by Indianapolis-based developer Milhaus is just the latest chapter in the twisty story of the high-end development, which is at the southeast corner of East 78th Street and Keystone Avenue.
Unusual meeting spots for corporate retreats
You know the drill—find a place where a contingent from your organization can fall back and talk about something important. (Or unimportant.)
Investors plan $6M Grand Park Fieldhouse in Westfield
A private investment group led by Fishers entrepreneur Andy Card on Tuesday announced plans to build Grand Park Fieldhouse, a $6 million indoor facility for basketball and volleyball at Westfield’s Grand Park Sports Campus.
Angie’s List to pay $2.8M in membership-fee settlement
The settlement stems from a 2012 lawsuit alleging that the consumer-reviews firm renewed members at a higher rate than they were led to believe.
Local money manager settles proxy fight, wins board seat
Carmel investment firm JWEST LLC ended up with one board seat, rather than the two it sought, but also got Rand Logistics to agree to a range of governance reforms.
Purdue: More students staying in, finishing school
Purdue says the increased success rates are due largely to efforts at recruiting and providing financial aid for students who are prepared for the school's academic challenges.
Court suspends ex-bar association treasurer’s license
The former treasurer for the Marion County Bar Association has been suspended from the practice of law for a minimum of two years for taking more than $9,100 from the organization.
LDI acquisition could be latest springboard for growth
Indianapolis-based private investment company LDI Ltd. has acquired a small biotech manufacturer in a deal it says could be the launching point for many more acquisitions.
Council Dems say they’re pushing preschool debate into 2016
City-County Council President Maggie Lewis and Vice President John Barth said children could be served next year by the state’s much smaller pilot program, which will reach nearly 800 economically disadvantaged four-year-olds in Marion County.
More funds earmarked for domestic violence programs
If all the money is distributed, it will bring the state’s total spending on domestic violence programs to $4.2 million this year. That’s about 35 percent more than the state spent last year.
Democratic opponent calls Turner ‘ghost’ candidate
Democratic House candidate Bob Ashley said the way in which Turner is leaving the General Assembly effectively means the voters in his central Indiana district have a choice between Ashley and whichever official local Republicans pick for the seat.