Steel demand feeds shipping boom in Indiana
The automotive industry is behind the increase, pushing steel ahead of longtime leaders iron ore and coal.
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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.
Marion among counties picked for pre-K pilot program
Five Indiana counties will be part of the state’s preschool pilot program for low-income children, which could be launched in early 2015.
Wabash College religion center gets $7.8 million
The grant will let the center continue programming through 2018. It brings to more than $48 million the total grants the Indianapolis-based Lilly Endowment has given the center.
IU business school expansion nearing completion
Started in May 2012, the 90,000-square-foot expansion on four stories adds classrooms, meeting spaces and career training offices to the undergraduate business building in Bloomington.
UPDATE: Lowe’s to invest $20.5M in customer-service center
The home-improvement retail titan plans to begin hiring immediately for the center on the northeast side, pledging to employ as many as 1,000 workers making wages of $10 to $14 per hour.
Downtown roundup: BL&T, Mo’s, Starbucks and Pattern
A new restaurant is set to take space at 1 N. Meridian St., Mo’s is reopening and a popular Starbucks location is temporarily closed for remodeling.
Hauke accounting firm to pay $1.8M in fraud settlement
DeWitt & Shrader PC, an Indianapolis-based accounting firm that worked for convicted Ponzi schemer Keenan Hauke, has agreed to settle a state lawsuit, Indiana Secretary of State Connie Lawson announced Tuesday.
Area home-construction permit filings tick up
Filings in the nine-county metro area have shown slight year-over-year improvement in four of this year’s six months.
Fishers conference center property owner files bankruptcy
Fishers Banquet & Conference Center’s owners insist business is booming despite a recent bankruptcy filing by the entity that owns the property at 9779 North by Northeast Blvd.
Interactive Intelligence set to break ground on $12.5M building
The 119,000-square-foot structure will be built next to the software developer’s headquarters on the northwest side as part of its growth plans to add 430 employees within the next few years.
Judge blocks ordinance aimed at I-69 work noise
Marion County Judge David Dreyer issued a temporary injunction Monday blocking a Monroe County ordinance that limited noise on the project between 10 p.m. and 6 a.m.
Lowe’s plans massive local call center, sources say
Home improvement retail giant Lowe’s Companies Inc. plans to open a call center on the northwest side of Indianapolis that could employ as many as 1,000 workers, sources familiar with the deal said Monday.
Will hospitals’ higher facility fees survive health reform?
One of the open secrets in health care is that hospitals are paid substantially more than independently owned health care facilities for the same procedures. But those higher fees are facing unprecedented pressure.
Online insurance brokerage sets sights on Indiana
Obamacare could, according to some health insurance experts, cause most small businesses to end their group health plans. Now a new venture-backed company opening up shop in Indiana is trying to make that prediction a reality.