Eight Mattress World locations to rebrand as PureSleep
The Michigan-based owner of the Indiana mattress stores plans to take them upscale with a signature sleep-diagnostic system.
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Homebuilder Estridge plans return after landing $25M
Paul Estridge Jr. says he is returning to the home-building business after securing $25 million from a private-equity firm in North Carolina. The venture’s first project will be Harmony, a 270-acre community in Westfield.
IU puts Bloomington, Indy parking privatization on hold
A university official said a 50-year lease involving the two campuses would probably bring in about $275 million. That's far less than the $483 million deal that Ohio State University got last year.
Sunrise Golf Club property set to hit the market
The sun is setting on Carmel’s Sunrise Golf Club, which is scheduled to close at the end of the month following the death of a property owner.
Transportation planning agency OKs Illiana tollway
Illinois Gov. Pat Quinn and Indiana Gov. Mike Pence have pushed hard for the 47-mile link, promising it would help speed goods by truck, reduce congestion and create thousands of jobs.
Controversial TV streamer planning to launch in Indy
A digital streaming service that television broadcasters deem so threatening they recently petitioned the U.S. Supreme Court for help plans to enter Indianapolis next year.
Indiana’s insurance exchanges are pricey
The premiums offered by health insurers participating in the Obamacare exchanges put Indiana among the 10 most-expensive states in the country, according to data released last month by the U.S. Department of Health and Human Services.
Conour gets 10-year sentence in $6.7M fraud case
Former attorney William Conour sat in a federal courtroom Thursday afternoon and listened to several of his former clients tearfully describe how he had lied to them and stolen money from their settlements. The judge imposed half of the maximum sentence.
Momentum builds for state water plan; some fear conflicts over shortages
Indiana is generally water-rich, but advocates of resource planning say the state runs the risk of supply crises that would hamper economic development.
Athenaeum shelves redevelopment of adjacent lot
Plans to redevelop a surface lot adjacent to the historic Athenaeum building have been shelved after proposals failed to meet financial expectations.
Skarbeck: Firms with high ratios could take a tumble
On occasion, it is interesting to study the stocks of businesses that are outliers on the bell curve of business valuation. For a value investor, that means looking at stocks selling at huge multiples above traditional valuation yardsticks.
Hicks: Economists don’t know why economy is ailing
The first slowdown seems to have been at least partially remedied by the Federal Reserve’s massive purchase of assets known as quantitative easing, the most recent of which was accompanied by a marked short-term improvement in the economy. That improvement seems to have run its course.
Parade of settlements continues for local securities firms
A third securities firm in the region has been slapped with sanctions by federal regulators.
Tech companies building a charitable niche
An emerging group of software companies focused on serving charities—combined with the fact the city is home to the only philanthropy college in the country—could make the area a hotbed for an often-ignored area of business.
Huge housing, golf development planned for Westfield
The developer who delivered high-end housing to Westfield a decade ago with The Bridgewater Club is working on plans for another upscale golf community near the city’s Grand Park Sports Complex.
MORRIS: Find a doctor, and call me in the morning
Political battles aside, there are practical concerns swirling around our health care future.
EDITORIAL: Eli Lilly’s cuts are necessary evil
If Eli Lilly and Co. sneezes, Indianapolis catches a cold. The statement has been so oft-repeated that it’s become a cliché.
IUPUI seeks financial help to overhaul Natatorium
Indiana University officials are seeking $17 million to $20 million to upgrade the Natatorium on the IUPUI campus and are considering turning day-to-day operations of the aquatics venue over to a third party.