Indiana Toll Road operator facing debt woes
The Spanish-Australian investor group Cintra-Macquarie paid the state $3.8 billion in 2006 for a 75-year lease of the 157-mile highway, but its toll revenue hasn't met expectations.
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Carmel retailers play defense against U.S. 31 construction
Business has skidded for some eateries along the corridor as work crews transform it into a limited access highway. Proprietors are reaching out to customers with promotions but gripping the bottom line.
Sports memorabilia forfeited to help repay Ball State
A New York City man who pleaded guilty to wire fraud for his role in an investment fraud scheme that cost Ball State University $3.8 million has agreed to forfeit a baseball jersey autographed by Mickey Mantle and boxing gloves autographed by Mike Tyson.
Anderson, Purdue look to create high-tech center
The Purdue Polytechnic Institute being planned in Anderson could have programs for 500 students and hundreds of entrepreneurs.
Non-chain eatery sets sights on former Glass Chimney site in Carmel
An independent restaurant owner plans to take over the vacant Glass Chimney building on Carmel’s Old Meridian Street, transforming it into a family eatery with two outdoor dining areas.
Simon promotes longtime treasurer to CFO
Simon Property Group Inc. announced Wednesday the promotion of Andrew Juster to chief financial officer, succeeding longtime CFO Stephen Sterrett.
Wal-Mart to open e-commerce center in Plainfield
The giant retailer said it will build a 1.2.-million-square-foot e-commerce fulfillment facility in the AllPoints Midwest industrial park that will employ up to 303 workers by 2016.
Lilly gives $1.3M to TechPoint to launch new program
Interns in the first Xtern program will live together at IUPUI and work at 12 of the city's tech companies, including ExactTarget, Interactive Intelligence, Apparatus, HC1, Smarter Remarketer and Tinderbox.
REVIEW: ‘The Book of Mormon’ at the Murat
Broadway in Indianapolis brings the Tony-winning Best Musical to the Murat. And the tour is still a strong one.
Report says school voucher changes cost state $16M
An Indiana Department of Education report shows that changes to the state's private school voucher program are costing the state roughly $16 million. Voucher supporters questioned the report’s accuracy.
Ogden receives 30-day suspension for criticizing judge
Indianapolis attorney and blogger Paul Ogden has been suspended for 30 days by the Indiana Supreme Court based on comments he made regarding a judge who presided over an estate case involving Ogden’s client.
No, Community didn’t make a list of 1,000 people to fire
My post on a presentation by Community Health Network CEO Bryan Mills was interpreted in a stronger way than I intended. So let me set the record straight.
IU advancing demolition plan opposed by city
Indiana University's Board of Trustees is expected to vote this week on a plan to move or tear down six houses in a Bloomington neighborhood that city officials have been trying to protect.
Fed slows bond buying with fifth monthly reduction
The Federal Reserve will further slow the pace of its bond purchases because a strengthening U.S. job market needs less support.
Trademark board rules against Redskins name
The U.S. Patent Office ruled Wednesday that the Washington Redskins nickname is "disparaging of Native Americans" and that the team's federal trademarks for the name must be canceled.
Hot race for No. 3 spot in GOP has Indiana representative
Reps. Steve Scalise of Louisiana, Peter Roskam of Illinois and Marlin Stutzman of Indiana are vying for majority whip, a position likely to become vacant because its current occupant is the strong favorite to become the new majority leader.
Merck’s exit pushes Endocyte shares lower
Shares of Endocyte Inc. skidded 15 percent Wednesday after industry giant Merck & Co. Inc. decided it would give up on developing Endocyte cancer drug vintafolide.
Dems look to downtown funds for Rebuild Indy alternative
City-County Council Democrats on Wednesday morning unveiled an alternative to the mayor's infrastructure-spending plan. It would involve less borrowing and use money in the downtown TIF fund.
Daniels says IPFW better off staying under Purdue
Purdue University President Mitch Daniels believes IPFW’s biggest strength is its ability to award a diploma that says “Purdue University” or “Indiana University”—something it would lose if it were to break away, .
WNDE yanks sports show during morning drive time
WNDE-AM 1260 on Monday yanked Fox Sports Daybreak with Andy Furman & Mike North in favor of a general interest show, but station officials said they remain committed to sports-talk during other times.