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Eli Lilly to close Terre Haute animal enzyme plant

August 14, 2014

The plant closure will affect 23 plant employees, all of whom will be offered comparable positions at a Lilly plant near Clinton that employs about 500 workers.

Work set to start on Market Square tower in October

August 14, 2014

A commitment from anchor tenant Whole Foods took longer than expected, delaying the start date on Flaherty & Collins’ 28-story, $81 million apartment project.

How to do IndyFringe: A beginner’s guide (update)

August 14, 2014

There are still first-timers who have yet to experience the Mass Ave.-area 10-day fest. On its 10th anniversary, here’s some guidance.

Contractor gets probation in prevailing wage case

August 14, 2014

Indianapolis construction contractor David Roark was sentenced Wednesday in Marion County Court to two years of probation after he was accused of violating the state's common wage law.

State tax collections fall just below projections

August 14, 2014

The state brought in a total of $1.04 billion in July general fund revenue, a decrease of 0.5 percent from the December 2013 state revenue forecast.

Vera Bradley to cut manufacturing at Indiana plant

August 14, 2014

Vera Bradley plans to phase out a shift that about 150 people work at its New Haven plant in an effort to reduce manufacturing capacity and save on domestic costs.

Local man faces 20 investment-related felony counts

August 14, 2014

Robert E. Wilson, 54, who operated locally based Wellington Institutional Management LCC, was charged in Marion County Court with 10 counts of securities fraud and 10 counts of being an unregistered broker-dealer.

TOLLIVER: Warehousing, e-commerce merging in Indy area

August 13, 2014

As consumers, our need for instant gratification has never been greater, as evidenced by the rise of e-commerce. Shopping online and receiving an order that same day or the next is replacing the expectations of old, when we received our orders in a week or so.

Hendricks County pitching motorsports skill, expertise to medical manufacturers

August 13, 2014

Hendricks County finds pay dirt pitching skills of racing industry to medical device manufacturers.

Area homebuilding permit filings down in July

August 13, 2014

Permit filings for home construction in central Indiana fell 5 percent last month, the first decline the market has seen since January.

NCAA quarterly lobbying costs surge during legal fight

August 13, 2014

The National Collegiate Athletic Association spent more on congressional lobbying from April to June than it did in the previous three quarters combined, as it fought lawsuits challenging its structure.

UPDATE: Underground blast rocks downtown Indianapolis

August 13, 2014

An underground explosion downtown Wednesday afternoon sent smoke billowing into the street and led to the evacuations of buildings.

WRTV adds sports-talk host Grady to its staff

August 13, 2014

Michael Grady, a radio sports-talk host on WFNI-AM 1070 and the public address announcer for the Pacers, will begin his job at WRTV on Aug. 22, the station announced Tuesday.

Indy Eleven leads NASL in attendance, could add capacity next year

August 13, 2014

Indy Eleven officials want to raise revenue but have no interest in raising ticket prices. With the team selling out home games, Eleven chief Peter Wilt will have to get creative, and eventually make another run at a new stadium.

Lender forecloses on two downtown office buildings

August 13, 2014

The Gold Building and Two Market Square have been struggling to maintain tenants and face a potential exodus of others to the county’s proposed criminal justice complex.

Mainstreet’s Turner to sell REIT in $2.3B deal

August 13, 2014

HealthLease Properties REIT, which is led by Mainstreet Property’s Zeke Turner, will be sold to Ohio-based Health Care REIT Inc., along with 17 projects Mainstreet has under construction. The deal includes 45 future projects.

Democrats question $12M in consulting contracts

August 13, 2014

The cash-strapped city of Indianapolis has entered agreements worth more than $12 million as it pursues a public-private partnership for a new courthouse and jail. Mayor Greg Ballard’s office says the fees will be paid by the developer.

Church accuses JPMorgan of mismanagement, self-dealing

August 13, 2014

Christ Church Cathedral has filed a federal lawsuit against JPMorgan Chase, alleging the bank’s “intentional mismanagement” and “self-dealing” led to $13 million in losses in church trust accounts endowed in the 1970s by Eli Lilly Jr.

Indiana challenge to Obamacare tax-credit rule can go forward

August 13, 2014

U.S. District Judge William T. Lawrence in Indianapolis on Tuesday denied an IRS bid to dismiss that portion of the state’s 2013 lawsuit, in which it claimed the rule illegally conflicts with a provision of the federal law.

Pence: State to pay special-needs adoption subsidies

August 13, 2014

The move comes just two months after a LaPorte woman filed a lawsuit, saying the state owed her subsidies.

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