Newcomer’s $25M spec project taps area’s industrial muscle
A Kansas City, Mo.-based developer has broken ground on a 740,000-square-foot distribution center in Lebanon, further juicing the Indy area’s status as a hot industrial market.
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Second judge declares right-to-work law unconstitutional
Indiana Attorney General Greg Zoeller said Wednesday that he will ask for a stay to prevent the decision from taking effect immediately. A similar case is already pending before the Indiana Supreme Court.
Lilly sales, profit drop but beat analysts’ expectations
Indianapolis-based Lilly and Co. lost 17 percent of its revenue during the second quarter as U.S. patents expired on its bestselling drugs Cymbalta and Evista.
Lake County judge strikes down Indiana right-to-work law
Indiana Attorney General Greg Zoeller said he will ask for a stay to prevent the decision from taking effect immediately. A similar case is already pending before the Indiana Supreme Court.
Sierra Club wants Indianapolis coal plant closed
The Sierra Club is pressing Indianapolis' local utility to retire an aging coal-fired power plant that's slated to continue burning coal for at least two more decades.
Angie’s List stock sinks on quarterly loss, downgrades
Shares in Angie’s List Inc. dropped as much as 24 percent and at least seven analysts downgraded the stock Thursday after the company reported a bigger-than-expected loss in the second quarter on Wednesday afternoon.
A new dance company, a theater in crisis, and a WNAP raft race redo
Emptying the arts notebook…and bracing for the return of the greatest spectacle in drunken river riding.
Blood tests for DWI cases costing Hancock County
In drunken-driving cases, the same tests prosecutors say have become necessary to successfully convict are also draining an important county budget.
Job fairs help Duke Energy fill its talent pool
The average age of the line technicians who work for Duke Energy Corp. is between 50 and 55 years. Enduring an influx of retirements before it’s able to restock its work force with field-ready technicians is a genuine concern.
Roundup: Aurelio’s Pizza, ice cream ’emporium’ and Dottie Couture in Fishers
Chicagoland favorite Aurelio’s Pizza is extending its reach into central Indiana, with plans for a restaurant in Fishers. Plus: ice cream, sushi, and more Dottie Couture.
Brickyard 400 attendance remains flat
Indianapolis Motor Speedway officials are not holding out much hope the NASCAR Sprint Cup race they host will ever return to its glory days when it drew more than 250,000 fans annually.
Dow Agro reports record second-quarter sales
Dow AgroSciences LLC posted sales of $1.9 billion in the second quarter, an increase of 3 percent over last year's second period, the Indianapolis-based company reported Wednesday morning.
Simon profit jumps on improving occupancy, rents
The company reported a 20-percent increase in profit in the second quarter as occupancy in its malls climbed to 96.5 percent, prompting Simon to raise its guidance.
Steel demand feeds shipping boom in Indiana
The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.
Dueling rulings: Courts split on health law clash
President Barack Obama's health care law is snarled in another big legal battle, with two federal appeals courts issuing contradictory rulings on a key financing issue within hours of each other Tuesday.
Gay couples’ lawyers object to full-court hearing
Attorneys on either side of a lawsuit over Wisconsin and Indiana's overthrown gay marriage bans are wrangling over how many federal judges should hear the states' appeal.
Lawmakers approve pair of new license plates
A panel of state lawmakers on Tuesday approved license plates recognizing the Indy 500 and Abraham Lincoln under a new system clamping down on the number of special license plates on the road.
First Merchants acquires Noblesville-based bank
Muncie-based First Merchants Corp. has agreed to acquire Noblesville-based Community Bancshares Inc. for about $46 million in stock, the companies announced Tuesday.
Kite Realty to engineer 1-for-4 reverse stock split
The move will hike the real estate firm’s stock price, combining every four shares into a single share. Kite officials hope a double-digit price will give shares a more stable foundation and an image makeover.
Court nixes Obamacare subsidies for Indiana, 35 other states
The Obamacare tax credits that brought nearly $400 million to Indiana this year to help Hoosiers buy health insurance could go away after a federal appeals court ruled Tuesday they were illegal.