State officials confident federal highway funds will come through
Indiana has not solidified contingency plans that would be needed if Congress fails to pass a deal to cover a shortfall in a federal highway fund.
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Pence wraps up UK trade trip after blitz of meetings
The governor met Wednesday with a company considering Indiana for its U.S. operations, but his office would not identify the firm.
Report: Carmel panel may face TIF shortfall but can pay debts
New financial projections suggest the Carmel Redevelopment Commission will have enough annual revenue to pay its debts for the next 15 years before dipping into reserves. But property taxes from the city’s two-dozen TIF districts could fall more than $1 million short as soon as next year.
Want to lease a Lamborghini in Indy? Good luck
There is little appetite for spending ‘stupid money’ in Indianapolis, or just about anywhere in the Midwest, for that matter.
Competition soars at Indianapolis-area airports
An airport near Zionsville is upping the ante for Indianapolis International Airport reliever fields.
Cummins to pick from New York firms to design downtown offices
Cummins Inc. plans to pick a proposal from one of three New York-based architecture firms vying to design its global distribution headquarters downtown.
City marshals $400,000 for Monument Circle events, projects
The city, National Endowment for the Arts and Central Indiana Community Foundation have contributed to the plan for expanding amenities, activities and attractions on the Circle.
Interactive Intelligence shares dive on expected shortfall
The local software and services firm has released disappointing preliminary results for its second quarter, leading to a 16-percent stock tumble.
Two major factors drove Stephenson to Charlotte
Lance Stephenson's agent says his client's spurning the Pacers' contract offer in favor of a shorter-term deal in Charlotte is not all about the money. Then what is it about?
New downtown concert venue to seat 15,000
A music amphitheater soon will take center stage on the site of the former General Motors metal-stamping plant on the western edge of downtown, sources tell IBJ.
Indy home sales likely slowing to ‘new normal’
Home-sale agreements tumbled 14.9 percent in the nine-county Indianapolis area in June, the tenth straight month deals have decreased, according to F.C. Tucker Co.
Noblesville OKs apartments despite concerns
Noblesville Common Council signed off Tuesday on three apartment projects that will add almost 850 units to the city’s housing inventory, then agreed to talk about when to say when.
GM planning $27M investment in Bedford plant
The automaker filed a tax abatement request for the Bedford factory project, saying it would add about 40 jobs and raise the plant’s employment to some 650 workers.
Tower maker gets OK for factory, plans to hire 600
Nello Corp., a South Bend firm that manufactures steel towers, plans to sink about $60 million into the project.
Pacers lose Stephenson to Hornets offer, reports say
Pacers free-agent guard Lance Stephenson has come to terms with the Charlotte Hornets with a three-year, $27 million deal, multiple media outlets reported Wednesday morning.
Study: U.S. millennials buying homes later in life
The number of first-time homebuyers in May was near record lows at 27 percent, versus a historic average of 40 percent.
Emmert paid $1.7 million as NCAA revenue increases
Monday’s tax filing comes as the NCAA faces unprecedented scrutiny, including a handful of lawsuits and an effort by Northwestern University football players to form college sports’ first player union.
Indiana sues county over I-69 noise ordinance
The Indiana Department of Transportation is suing the commissioners of a southern Indiana county, saying they have no authority to limit construction of the Interstate 69 extension near Bloomington with an ordinance that restricts overnight noise.
NCAA, schools need more financial transparency, bill says
Athletic departments, conferences and the governing body of college sports should be more transparent financially, according to a bill co-sponsored by a pair of U.S. congressmen.
House votes to extend moratorium on Internet taxes
Under current law, the moratorium expires Nov. 1, exposing Internet users to the same kind of connection fees that often show up on telephone bills.