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An arrest warrant has been issued for Tim Coughlin, who has been accused of running a Ponzi scheme that collected $12.8 million from investors. In 2008, he proposed creating a 20-story balloon ride at White River State Park.
Elevate Ventures, which manages the federally backed Indiana Angel Network Fund, led the financing round.
Budget cuts and new responsibilities are straining the Internal Revenue Service's ability to police tax returns. This year, the IRS will have fewer agents auditing returns than at any time since at least the 1980s.
The Indiana University Research and Technology Corp. wants to sell its existing Innovation Center building in downtown Indianapolis and move into the former Wishard Memorial Hospital on the edge of the IUPUI campus.
The Fishers-based company lost the Comfort Suites City Centre near Lucas Oil Stadium in a bankruptcy reorganization filed by one of its affiliates, which owed a creditor about $12 million.
The Carmel-based company said it will invest $21.2 million to renovate and equip its 130,000-square-foot manufacturing facility on Indianapolis' north side.
The Water Bowl, a recreation site that has been used by area residents and Ball State University summer students for swimming, fishing, water skiing and camping since 1957, is going to be auctioned. The property could be converted to industrial use.
Mandy Patinkin was in the neighborhood. Cher and Pat Benatar converged on Bankers Life Fieldhouse. What did you do on the A&E front over the weekend?
Texas Monthly, the award-winning magazine owned by Indianapolis-based Emmis Communications Corp., says the Times hired away its top editor to join the newspaper’s magazine division before his contract expired.
School officials across Indiana are taking issue with a report by Ball State researchers that suggests mergers of smaller districts are inevitable.
CIB President Ann Lathrop said Friday that debt refinancings at low interest rates have freed up money to fund capital projects at the 14-year-old Bankers Life Fieldhouse.
Evansville officials had pushed the location covering nearly six city blocks as a key for downtown redevelopment. The center that could draw some 2,000 health care students.
What to do about those tickets you had for "Albert Herring,"? Three local arts organizations have an idea.
Jasper-based MasterBrand Cabinets Inc. expects to boost the work force and capacity at its Ferdinand operations, which already employ 1,500.
Stephen Simon has been increasingly involved with the team since his father, Herb, acquired full ownership of the franchise before the death of Herb’s brother Melvin in 2009.
The governor's office says Pence will leave Saturday, leading an eight-person group that includes first lady Karen Pence and state Commerce Secretary Victor Smith.
The Indianapolis-based burger chain won approval in late March from the U.S. Patent and Trademark Office to trademark the “organic signature steakburger.
