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Sky’s the limit on bank’s aircraft finance business
1st Source is among few Indiana-based institutions to deal in jet financing.
Banks gathering all their clients’ eggs into one basket
Banks and credit unions facing more competition from online lenders—and now even from big-box stores offering financial products—are working harder to get a bigger piece of a customer’s wallet over the long haul.
Scotty’s taking over Detour space in Carmel
After an admittedly difficult year dealing with the fallout from the closure of two of his namesake eateries, restaurateur Scott Wise is starting 2014 with a bang. He’s finalizing a deal to move a Scotty’s Brewhouse into a prime spot along the Monon Greenway.
Feds sue ITT Educational over loan practices
ITT Educational Services Inc. is being sued by the U.S. Consumer Financial Protection Bureau over allegations the for-profit college chain engaged in predatory lending by pushing students into loans likely to end in default.
BidPal battles ‘cybersquatter’ over online domains
The Indianapolis-based fundraising-software developer claims it is the victim of cybersquatting, according to a federal lawsuit it filed against InterMediaOne and InterMediaOne-AGM.
10 things theaters need to do to save themselves: A response
At the Seattle website, the Stranger, writer Brandan Kiley, offered a provocative list. Which do you agree with?
Noblesville OKs tax break for iron castings plant
Three time-worn buildings on the old Noblesville Foundry property are set to come down this spring to make way for a 260,000-square-foot factory employing 50.
Pacers, Colts execs travel to Mexico to help jazz up water polo
International water polo leaders are counting on two top executives from the Pacers and Colts to bring a new level of show-time entertainment to one of the Olympics’ oldest sports.
Cash-strapped IPS to dismiss 23 administrators
Personnel costs make up about 90 percent of Indianapolis Public Schools’ general fund budget of $263.7 million, which prompted an Indy Chamber committee that recently analyzed the system’s finances to call for cuts in that area.
Modified hemp legalization bill moves to full House
The legalization of the production of industrial hemp is a step closer to reality in Indiana after the House Agricultural Committee passed an amended bill Tuesday.
Pence makes last-ditch push to salvage preschool proposal
Pence is heading to the Shepherd Community Center to highlight his request that the state provide vouchers for children from low-income families to attend preschool.
House easily OKs softened farm-trespassing bill
The measure was revised multiple times in the Senate after the Hoosier State Press Association and animal rights groups blasted it as an attempt to restrict whistleblowers at factory farms. Earlier versions would have banned videotaping or photography without permission.
Biosimilars bill passes House, heads to governor
Pharmacists would be able to substitute an interchangeable biosimilar drug for a prescribed name-brand product under a bill passed by the Indiana House of Representatives on Tuesday.
Bill allowing state fair alcohol sales heads to governor
The bill, authored by Sen. James Merritt, R-Indianapolis, seeks to end a nearly 70-year old ban on beer and alcohol sales at the state fair.
Indiana lawmakers draw close on business tax deal
The House Ways and Means Committee and the Senate Tax and Fiscal Policy advanced two separate measures Tuesday that would cut the state's corporate income tax and the state's business equipment tax in certain cases.
Indiana University reports potential data exposure
The names, addresses and Social Security numbers of approximately 146,000 students and recent graduates of seven Indiana University campuses may have been inadvertently exposed, the university said.
Indiana House amends bill to end efficiency program
TThe House voted 66-30 to amend the bill with language that prohibits the Indiana Utility Regulatory Commission from extending or entering into contracts for Energizing Indiana’s statewide energy efficiency program after Dec. 31
Bluelock adds former ExactTarget exec, plans to hire 20
Joe Kuntz will help the cloud-services firm explore new markets. Its recent move into data recovery has sparked plans to increase headcount by about 50 percent.
Food giant ConAgra plans huge center north of Indianapolis
ConAgra Foods Inc. is expanding logistics operations in central Indiana by moving a distribution center in Lebanon to a new and bigger facility it plans to build in nearby Frankfort. The move is expected to create 76 jobs.