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Simon plucks in-house execs for spinoff firm

Simon Property Group Inc. is reaching into its own stable of executives to stock the C-suite of its publicly traded spinoff for retail strip centers and smaller enclosed malls.

City considers whether to revoke 3M tax break

Minneapolis-based 3M spent nearly $16 million in 2008 on local buildings and equipment for Aearo Technologies, but hasn’t hit hiring targets set out in a seven-year tax-abatement agreement.

Common Core spawns widespread political fights

More than five years after U.S. governors began a bipartisan effort to set new standards in American schools, the Common Core initiative has morphed into a political tempest fueling division among Republicans.

Indiana braces for flood insurance subsidy changes

Thousands of Indiana homeowners who live in flood-prone neighborhoods are bracing for insurance premium increases, despite Congress' latest fix for the government's debt-saddled flood insurance program.

Broadbent in mortgage dispute involving retail center

The owner of Castleton Place, a shopping center in one of the city’s busiest retail areas, is the target of a $5 million foreclosure lawsuit by a lender that seeks to have the property placed in receivership.

Undertaker mayor says Connersville will cheat death

The mayor of Connersville declared a financial emergency three months into budget year.The culprit is the loss of a single employer, Visteon Corp., which closed an auto-parts plant in 2008, throwing 900 people out of work.

Caucus secrecy cloaks important legislative moves

A private caucus fight over nursing home construction during the final days of the 2014 session ultimately spurred House Speaker Brian Bosma, R-Indianapolis, to call for an investigation into whether one of his own caucus members violated state ethics rules.

You-review-it Monday

Did you get to the one-minute play fest at the Phoenix? Hear the Symphony? Catch Cashore Marionettes at the CPA?

Study will seek answers to transportation funding issue

The Indiana Department of Transportation will launch an expansive study seeking new ways to finance road construction and maintenance, according to a bill passed by the Indiana legislature awaiting the governor's signature.

Judge to Ballard rep: We decide where courts go

Marion Superior judges on Friday gave a grudging endorsement to the former General Motors stamping plant site as the location for a proposed criminal justice complex, but not before sending a message to Indianapolis Mayor Greg Ballard that the courts are their call.

Endocyte stock doubles after key approval in Europe

The stock price of Endocyte Inc. skyrocketed by as much as 130 percent Friday morning after the drug company got a thumbs up in Europe to market its first drug and received a new round of favorable clinical trial results.

Mountain-bike course in the works for Fishers

Fishers is moving ahead with plans for a mountain-bike course at its work-in-progress park at 101st Street and Cyntheanne Road, hiring an expert trail builder to design and install the 1.5-mile amenity.