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Simon CEO’s bonus reversal still triggers investor suit
Seeking to avoid investor litigation, Simon Property this year eliminated a $120 million stock award to CEO David Simon in favor of a performance-based bonus. A retirement fund isn’t satisfied.
Carmel panel accepting bids for ‘beachfront property’ in Midtown
The Carmel Redevelopment Commission is accepting bids for almost five acres of land along the Monon Greenway in the city’s so-called Midtown area, which is being targeted for renewal.
Judge considering $75M NCAA concussion settlement
The deal calls for the Indianapolis-based NCAA to toughen return-to-play rules for college athletes. It also would create a medical fund to test current and former athletes for brain trauma.
Zimmer profit beats forecasts, shares rise 4 percent
Shares of Warsaw-based orthopedic device maker Zimmer Holdings Inc. have doubled the performance of the S&P 500 so far this year.
Purdue getting regional nutrition, obesity center
The U.S. Department of Agriculture has chosen Purdue University to be the site of one of four centers, also to include Colorado State University, Cornell University and the University of North Carolina.
Rise in home prices in U.S. beats estimates
U.S. home prices rose more than economists estimated in August as employment growth fueled demand for housing.
Splash park, ice rink part of top design for City-County Building plaza
The winning design was submitted by a Baltimore firm, whose project would cost $12.5 million to build. The city and the Central Indiana Community Foundation have begun fundraising efforts to pay for it.
Ball State set to open state’s largest planetarium
The Charles W. Brown Planetarium was made possible by a gift from Indianapolis businessman Charles Brown, who built a small empire of fast-food franchises that he sold last year.
Lilly third-quarter earnings fall below Wall Street’s expectations
The Indianapolis drugmaker's profit tumbled 58 percent as cheaper generic medicines took sales from blockbusters Cymbalta and Evista.
There’s an app for booze delivery coming to Indy
Retailer Big Red Liquors is expected to announce a partnership Thurday with Boston-based mobile-software startup Drizly to offer alcohol delivery service to consumers in the area.
Six things to know about Indiana’s new scooter law
Thousands of Hoosiers who drive scooters and mopeds will face new restrictions and requirements starting Jan. 1.
Republicans to file complaint over Dem’s campaign materials
Democrat Beth White’s staff acknowledged Wednesday that it distributed campaign material for her secretary of state’s political bid without a required disclosure notice.
Home once occupied by Army brass now houses local movers, shakers
Former officers quarters at Fort Benjamin Harrison transformed into home for Pence lieutenant, CIB chief
Simon estate is the latest challenging home listed for sale
If prior sales of expensive one-of-a-kind homes are any guide, the Carmel estate owned by Bren Simon will be difficult to sell for anything near its asking price of $25 million.
New shoe pays homage to Hoosier icon’s birthplace
Before gaining fame through athletic footwear, Chuck Taylor graduated from Columbus High School in 1919. About 800 million pairs of "Chucks" have been sold worldwide.
A&E picks for the week: Dance Kaleidoscope, Magna cum Murder, more
Camp classic “Rocky Horror,” dance classic “Carmina Burana,” and who-knows-what-will-happen improv make the priority list this week. Also: A mysterious convention.
IBJ giveaway: Ann Katz Festival of Books
Win fast passes to just about any event on the schedule, including appearances by authors Annabelle Gurwitch and Hank Phillippi Ryan.
Celadon promotes CFO to chief operating officer
Celadon Group Inc. has promoted chief financial officer Eric Meek to chief operating officer, a new position that will give him oversight of the trucking company’s daily operations.