Verizon Wireless to sponsor eight of Montoya’s races
Roger Penske wasn't worried about finding a sponsor for Juan Pablo Montoya when he signed him, believing there would be interest in the Colombian's return to open-wheel racing.
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Fishers city election draws political vets, but not Faultless
Fishers residents elect their first mayor this year, and six Republicans are vying to lead the fast-growing suburb. One noticeable absence on the list of candidates: Town Council veteran Scott Faultless, who is not seeking any office.
You-review-it Monday
Martha Graham Dance Company? Indianapolis Symphony Orchestra? “The Lego Movie”? What did you hear, see or do on the A&E front this weekend?
Plans in works to add lanes to I-69 in central Indiana
The Indiana Department of Transportation's proposal would add a third travel lane to both northbound and southbound I-69 in a 14-mile stretch between Fishers and Pendleton.
Kite paying $1.2B for rival real estate developer
Kite Realty Group Trust will remain in Indianapolis after the purchase, which will balloon its holdings to 131 properties covering 20 million square feet of shopping center space in 26 states.
Welfare drug screening bill divides lawmakers
Welfare abuse is driving an Indiana effort to require recipients to be screened for the likelihood of addiction and limit food stamps to the purchase of only “nutritional foods.”
With supplies low, it’s overtime in road salt mines
The national supply of road salt is running low. New York has declared a state of emergency, while Indiana, Wisconsin, Illinois, Pennsylvania, and other states have disclosed their difficulties in covering streets and sidewalks amid a long-running cold snap.
Bitter winter hitting Indiana’s revenue stream
Nearly every state revenue category failed to hit its January target, including sales taxes and personal income taxes — Indiana's two largest revenue sources.
Pence continues push for state-funded preschool
Indiana Gov. Mike Pence made another pitch for a pilot program to help families earning less than 185 percent of the federal poverty level send their children to public or private preschool.
Companies rethink hiring policies for former criminals
State and local lawmakers around the country, including some in Indianapolis, are supporting efforts to increase the hiring of ex-offenders.
Biomet reaches $50M settlement in hip-replacement case
Indiana-based Biomet Inc. has agreed to pay a base rate of $200,000 each to hundreds of people who received artificial hips that were later replaced.
U.S. hiring weak in January, but jobless rate dips
The Labor Department says employers added 113,000 jobs last month, less than the average monthly gain of 194,000 in 2013. This follows December's tepid increase of just 75,000.
Architecture firm closing, renovated HQ on block
A2SO4 Architecture LLC has begun to wind down operations as a bank forecloses on a couple of construction loans for its new headquarters with a total balance of more than $1 million.
Former Indiana regulatory attorney reprimanded
The Indiana Supreme Court has publicly reprimanded a former regulatory attorney for negotiating a job for himself with Duke Energy Corp. while presiding over a case involving a Duke project.
Charles Schwab may move jobs from California to Indiana
Charles Schwab Corp. said Thursday it is planning to move about 1,000 jobs out of San Francisco over the next three to five years.
Pence pitches pothole plan to combat winter’s fury
Citing a need to keep Indiana’s infrastructure and economy intact, Pence unveiled his proposal Thursday to combat the crumbling roads.
Pence: Session ‘productive’ so far, agenda largely intact
Indiana Gov. Mike Pence said Thursday he’s pleased with the way his agenda is faring at the halfway point of the 2014 session of the General Assembly.
Mainstreet plans 24 more Indiana senior care facilities
Carmel-based developer Mainstreet Property Group announced Friday that it will open seven more health care facilities for Hoosier seniors this year and another 17 on top of that by 2016.
$80M project on tap for Keystone at the Crossing
A local developer plans to build a hotel, apartments, offices and retail space on the last two vacant parcels in Keystone at the Crossing.
Falling reimbursements force Roche to innovate
U.S. sales are plunging for Roche Diagnostics Corp. and its fellow makers of diabetes-care devices because of lower reimbursements from the federal Medicare program. In five years, two of the four largest companies will have sold or closed their diabetes businesses, according to two industry analysts.