NCAA’s $60M video-game settlement moves ahead
The decision may mean that the judge will soon rule on whether the Indianapolis-based NCAA must change its rules to let students negotiate licenses for the use of their names and images.
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Carmel residents balk at sewer-overflow tank planned next to church
The Clay Township Regional Waste District has made a $106,800 offer to King of Glory Church to buy land for the above-ground tank, which would be the size of a one-story McMansion.
Indianapolis pulls future support for Amtrak line
City officials in Indianapolis have cast the future of an Amtrak passenger line between Indianapolis and Chicago into doubt after deciding not to provide any additional money to subsidize the line.
IndyCar TV ratings up, still long way to go
Sunday's second race in Toronto was the most-watched IndyCar race on NBC Sports Network in nearly three years.
BidPal sees changes at top, cuts workforce
BidPal Inc., one of the Indianapolis-area’s fastest-growing companies in recent years, has reduced its workforce by 25 percent and is looking for a replacement for longtime CEO and local tech titan Scott Webber.
Review: Cirque du Soleil’s “Varekai”
This seemingly Cirque-grown species of superhumans contort while flying, connect while swinging, tumble while balancing, hurl one another with their feat, and defy gravity.
Sheridan OKs rezoning to recruit growing business
A divided Sheridan Town Council agreed Thursday to rezone about 50 acres of land along State Road 47 to allow for industrial uses—clearing the way for a multimillion-dollar business expansion.
State sells $244 million in bonds for I-69 segment
The project will upgrade Indiana 37 to interstate standards. It’s part of the I-69 extension that will connect Indianapolis and Evansville.
Holiday World plans $22 million winged roller coaster
The Holiday World amusement park in southern Indiana is building a new $22 million roller coaster that it says will launch riders to 60 miles an hour in 3.5 seconds, with a 14-story loop and four inversions.
Kokomo airport runway extension almost completed
Pushing the pavement to 6,000 feet is intended to accomodate larger, corporate jets.
Obama wants limits on U.S. company mergers abroad
President Barack Obama on Thursday demanded "economic patriotism" from U.S. corporations that use legal means to avoid U.S. taxes through overseas mergers.
Feds cap fines for not buying health insurance
Federal researchers predict that about 4 million people, including dependents, could be hit with fines by 2016.
Indiana receives 245 children caught at U.S. border
The U.S. is battling a surge in the number of unaccompanied children who have been fleeing violence in Central America and crossing into the U.S. because they believe they will be allowed to stay.
State eases into rollout of software in tax fix
The Indiana Department of Revenue is five to seven years from replacing the 1990s software that processes the bulk of the state’s tax dollars and that auditors cited in the wake of massive accounting errors.
Med school plots researcher hiring spree
The Indiana University School of Medicine plans to hire 100 research professors over the next five years in a bid to vault into the top 25 medical schools.
Homegrown Krazy Klothes defies overseas-made clothing trend
Owner Dan Murphy’s more-than-two-decades-old, Indianapolis-based company is something of an anachronism—a small-scale domestic clothing manufacturer doing business in a field dominated by Asian-based titans.
Carmel budget hawks want harder line on deals with developers
The Carmel Redevelopment Commission’s 2014 revenue is estimated to exceed expenses by less than $100,000—a narrow margin for an agency with annual debt payments totaling $17.5 million.
Indiana Limestone Co. digs out of deep hole
In February, Indiana Limestone Co. filed for bankruptcy. But two months later, Chicago-based Wynnchurch Capital Ltd. bought the quarry company out of bankruptcy. ILC is now digging out and looking at a brighter horizon.
Skarbeck: Bucking common jitters rewards stock investors
When it comes to investing, some deep thinking can provide perspective on your finances. A reflective investor will find himself challenging some of the accepted beliefs held dear by the investment industry.