Finance company cutting 170 jobs in Evansville
Springleaf Finance, a division of Springleaf Holdings Inc., has told state officials that it will permanently close its 170-worker mortgage servicing center in Evansville.
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Calumet Specialty takes loss after refinery slowdown
Calumet Specialty Products Partners LP suffered a bigger-than-expected second-quarter loss, partly due to a 30-day slowdown for maintenance at its refinery in Shreveport, Louisiana.
Bank of America close to record settlement with U.S.
Bank of America is nearing a $16 billion to $17 billion settlement to resolve an investigation into its role in the sale of mortgage-backed securities before the 2008 financial crisis, a person directly familiar with the matter said Wednesday.
Celadon misses mark despite jump in revenue, profit
Celadon Group Inc. on Wednesday afternoon reported surging profit and revenue in its latest quarter, but its performance fell short of analyst expectations.
City OKs $10M in street upgrades for natatorium plan
The Indianapolis Metropolitan Development Commission on Wednesday approved $10 million in downtown tax-increment financing funds to pay for street improvements on the IUPUI campus. The contribution works in conjunction with IUPUI’s $20 million overhaul of the IU Natatorium.
Rush named first female Indiana Supreme Court chief justice
Loretta Rush, a longtime juvenile court judge who joined the Indiana Supreme Court in 2012, was unanimously chosen as the state's first female chief justice Wednesday, setting the stage for what could be a long run at the court's helm.
New judicial center would set off an office exodus downtown
New justice center would clear swaths of offices, raising vacancy rates at a time when the market is struggling.
Indiana agrees to $3M settlement in school test hitch
Indiana’s state schools superintendent says she has reached a $3 million settlement with CTB/McGraw-Hill after disruptions to standardized tests last year.
Vote would let big conferences set their own rules
The NCAA board of directors will vote Thursday on a proposal that would give the five wealthiest college football conferences the ability to make rules and pass legislation without the approval of the rest of Division I schools.
UPDATE: City board approves recycling deal with Covanta
Despite heavy lobbying from opponents, the Indianapolis Board of Public Works on Wednesday voted 4-1 in favor of a contract extension with incinerator operator Covanta that will make the company the city’s main household recycling provider for the next 14 years.
City board approves recycling deal with Covanta
The Indianapolis Board of Public Works voted Wednesday to approve Covanta as the city’s main residential recycling provider for the next 14 years.
Amazon extends same-day delivery service to Indy
Beginning Wednesday, local customers who subscribe to Amazon’s Prime service can order items as late as noon and receive them by 9 p.m. the same day for a flat service charge.
Panel set to select next Indiana Supreme Court leader
The Judicial Nominating Commission will meet Wednesday to interview Justices Loretta Rush, Mark Massa, Steven David and Robert Rucker before selecting a new chief justice to succeed Brent Dickson.
Memories, recipes all that remain of Indy bakery chain
There were 34 Roselyn stores in Marion and the surrounding counties before the business was closed 15 years ago following revelations of insect and rodent infestation at its production bakery.
KAR Auction Services makes $30M acquisition
Carmel-based KAR Auction Services Inc., which released a solid quarterly earnings report Tuesday, acquired a 50-percent stake in Toronto-based Nth Gen Software Inc., which makes the TradeRev automotive remarketing system.
George injury will cost Pacers plenty of money
If rising star Paul George is lost for the entire 2014-2015 season, his absence will likely trigger an eight-figure loss for the Indiana Pacers.
After setbacks, Franklin wary of more development deals
A backlog of unfinished work by the Franklin Development Corp. is why Mayor Joe McGuinness doesn’t want to give new funding to the organization until the pending projects are finished.
Plum’s Upper Room closes; Salty Cowboy opens
Plum’s Upper Room owner Jayne Nolting closed the restaurant on Zionsville’s Main Street this week, posting a farewell note to friends and patrons on the door. Plus: new Tex-Mex.
WellPoint unit launching $80M information exchange
Two insurers announced Tuesday that they are partnering for an ambitious project to establish one of the nation's largest health-information exchanges, an effort they hope will reduce duplication and improve patient outcomes.
Ten-acre parcel near Colts stadium hits the market
The vacant property west of Lucas Oil Stadium could get a boost from redevelopment efforts at the former GM stamping plant site just across White River.