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The lucrative agreement approved Tuesday leaves in place the element that has created the largest controversy—a $120 million stock retention bonus that David Simon will receive if he stays through July 2019.
Brown said he instead will relocate in July to England to continue the growth of his Zionsville-based agency, Just Marketing International.
Outside observers cast the departures of Lenox Baker, Sheila Burke and Susan Bayh as a positive that will allow new CEO Joseph Swedish to recast the board.
Michael Russell, 54, pleaded guilty in January to 20 counts of wire fraud and money laundering in a scheme involving former Indianapolis City-County Councilor Paul Bateman.
An industry trade group filed a lawsuit Tuesday morning contending that Indiana liquor law is unconstitutional and unfairly benefits liquor stores.
Weekend events include the Broad Ripple Art Fair, new work from Dance Kaleidoscope, and a songwriting legend at the Palladium.
Eli Lilly and Co. CEO John Lechleiter underwent a scheduled surgery Monday for a heart defect, and the repair to the aorta is functioning as intended, the Indianapolis-based drugmaker said.
Amid all of Saturday’s activity, the strongest memories for me came courtesy of a small group of band members from George Washington Community High School.
A weekly report says 30 percent of Indiana’s corn crop was planted as of Sunday, up from 8 percent the week before, but still off the 5-year average of 54 percent.
Lenox Baker, Sheila Burke and Susan Bayh resigned from the board effective immediately, Indianapolis-based WellPoint said Monday in a regulatory filing.
The city of Indianapolis faces possibly paying several hundred thousand dollars for a restaurant badly damaged by flooding that swamped a neighborhood during a downpour a year ago.
WRTV Channel 6 has hired central Indiana native Kyle Mounce as its newest meteorologist, the Indianapolis TV station announced Monday night.
CNH Parts & Service, the product-support division of international manufacturing giant CNH Global NV, plans a $13.3 million expansion in Lebanon.
Dr. Jay Hess was picked to become the 10th dean in the school of medicine’s 110-year history and the first dean in the past five to come from outside IU.
Dozens of small charities have used the pavilion in south Carmel to host events, paying far below market rates.
Zionsville’s cash-strapped school district could collect almost $5 million from the town’s tax-increment financing district if an unusual land deal is finalized later this month.
Indianapolis students trying to complete standardized tests that already have been delayed by technical issues have encountered more problems.
The state’s medical-device companies are finding that they cannot pass on the new medical-device tax created by Obamacare to their hospital customers, causing them to continue to make cuts and to look to foreign markets for more profitable growth.
Purchase agreements for existing homes in the Indianapolis area increased 13.2 percent in April. Home sales have jumped in each of the first four months of the year.
Indiana Secretary of State Connie Lawson is warning potential home buyers that scammers are using authentications from her office to create the illusion they own vacant property and trick Indiana residents into fraudulent real estate deals. The scammers identify abandoned homes and then create documents that are notarized and carry the state’s gold seal. Lawson said most of the cases target Hispanics with language barriers.
