Gary contract ends for ex-Indianapolis airport CEO
The contract John Clark had for business development work and to oversee the Gary airport’s $166 million expansion project expired last week.
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Transportation planning agency set to vote on Illiana tollway
The fate of a proposed $1.3 billion expressway being pushed by the governors of Illinois and Indiana could be determined Thursday.
Up-and-coming local tech firm Compendium sold to Oracle
Indianapolis-based technology firm Compendium, which was started by ExactTarget Inc. co-founder Chris Baggott, has been acquired by Silicon Valley-based tech giant Oracle Corp., the companies announced Thursday morning.
Developer unveils plans for former Central State site
Plans for the proposed $5 million redevelopment show a mix of uses, including student housing, event space, office and industrial space and even the possibility of a brewery.
Congress votes to end shutdown, avoid default deadline
Up against a deadline, Congress passed and sent a waiting President Barack Obama legislation late Wednesday night to avoid a threatened national default and end the 16-day partial government shutdown.
Indiana to seek better future deal on Amtrak line to Chicago
Indiana lawmakers said Wednesday they plan to re-examine a deal that will keep the Amtrak line between Indianapolis and Chicago running for at least another year.
New Land Bank indictment alleges fraud on prior scam victims
A federal grand jury has returned new charges in a fraud scheme involving the Indy Land Bank, including a wire fraud count against two defendants for allegedly fleecing the victims of a previous real estate scam.
REED: Indiana’s bank, thrift stocks fully recovered
Most remember well the financial crisis that led to the Great Recession. The problems were complex and big, and there were many villains and many more victims.
Cyber bandits are finding new ways into bank vaults
Corporate account takeovers are high stakes for heists.
City OKs zoning for controversial project in Broad Ripple Village
Plans from Browning Investments Inc. call for a 35,000-square-foot grocery—earmarked for a Whole Foods—and 104 apartments on the northeast corner of College Avenue and the Central Canal.
Stocks soar on optimism for debt deal in Congress
Senate leaders announced a last-minute agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown.
Hit-and-run suspect apprehended
Indianapolis police arrested Charles Foster, 33, early Wednesday morning after the man led them on a short chase in a minivan, and then on foot. Police arrived around 1:30 a.m. at the site of a hit-and-run accident at the intersection of East 10th and Rural streets, where they found a bicyclist who had been seriously injured. They saw a minivan believed to be involved in the accident run a red light nearby and gave chase. After crashing into a retaining wall, Foster fled the vehicle. Officers subdued him with pepper spray and took him to Wishard Hospital for evaluation.
Judge dismisses juror in Bisard trial
A juror was excused Wednesday morning from the trial of Indianapolis police officer David Bisard, after he informed the court of a conversation that might prejudice him against the defendant. Bisard is charged with nine felony counts, including reckless homicide and drunken driving, in the 2010 death of a motorist. Identified as Juror No. 35, seat 9, the man said that after he was selected as a juror, he overheard a co-worker claiming to have inside information about Bisard’s guilt and commenting on Bisard’s drunk-driving charge from earlier this year. Allen County Judge John Surbeck dismissed the juror.
Indiana-based Springleaf’s shares rise after $336M IPO
Springleaf Holdings Inc. provides non-prime consumer loans through a network of 834 offices and online.
Training firm Adayana seeks bankruptcy protection
Indianapolis-based training firm Adayana Inc. said it sought Chapter 11 bankruptcy reorganization this week after two years of unsuccessfully trying to restructure its debts out of court.
‘Bob & Tom Show’ switching syndicators
The move has local radio executives wondering if the comedy show might move up the Indianapolis FM dial as well. Meanwhile, conservative commentator Abdul will switch to weekday evenings on WIBC.
Republicans making same old mistake on health reform
Rather than railing incessantly against Obamacare, Republicans would do themselves and the country a favor if they finally agreed on a common alternative for fixing the health care system.
ExactTarget’s role expands at new parent firm
ExactTarget CEO Scott Dorsey and his team have taken the reins of the Marketing Cloud unit at Salesforce.com, a move that has analysts raving.
Luck’s life philosophies not like other NFL QBs, says corporate partner
Klipsch CEO Paul Jacobs said the Indianapolis-based audio company took a pass on partnering with several other NFL quarterbacks before signing a deal in August with Andrew Luck.
Three cities seek grant to boost manufacturing
Three central Indiana cities that once had thousands of auto workers have joined together in seeking a $20 million federal grant to help attract new businesses to their empty factories.