WellPoint execs get double-digit pay bumps while stock falls
The Indianapolis-based health insurer’s board of directors approved higher compensation heading into 2012, after most of its top executives saw their pay hold steady or decline in 2011.
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Senate budget pushes highway expansion, small tax cuts
Indiana lawmakers and Gov. Mike Pence drew closer to a budget compromise Thursday with the unveiling of a $30 billion Senate plan that cuts the state income tax by $150 million and establishes a new roads fund.
Developers say bill would kill Indiana coal-gas plant
The House Utility Committee approved a bill Wednesday that would send the $2.8 billion project back to regulators for another round of reviews unless the Indiana Supreme Court sides with the project’s developers
What’s New: Carmel strip mall swim school
The signs are up and construction has kicked into overdrive as Goldfish Swim School races to open its first Indiana location this month. Founded in Michigan, Goldfish specializes in teaching children to swim.
Selling 14 West building proving to be quite difficult
With an asking price in the neighborhood of $4 million and no serious offers, the listing agent attempted to generate additional interest through a “call for offers.”
Kelley School launching MBA for midcareer physicians
The idea behind the program, which starts in September, is that doctors can no longer leave the business aspect of their jobs to the finance guys while maintaining their integrity as healers.
Senate panel advances looser superintendent rules
A proposal to no longer require Indiana's local school superintendents to hold a state superintendent's or teacher's license is advancing in the Legislature.
GM to invest $332M in factories, including Indiana plant
In Indiana, GM plans to spend $29.4 million for a metal castings plant in Bedford to make parts for small engines and for the new eight-speed and existing six-speed automatic transmissions.
Skating academy to close ice rinks at Pan Am Plaza
Indiana World Skating Academy, a fixture in downtown Indianapolis since 1987, plans to suspend operations of its two indoor ice rinks at Pan Am Plaza this month and begin looking for a new location, the not-for-profit announced Wednesday.
Review: ‘American Idiot’ at Clowes Hall
The Green Day music-fueled show at Clowes Hall isn't just for members of its characters' demographic group. The Broadway show that “American Idiot” most recalls is “Movin’ Out.” That, too, focused on a group of friends who take different paths into the world.
Monument Circle face-lift set to move forward
The city recently signed a $555,750 contract with a local firm for design work on the Circle, leading to a two-year repaving project with other improvements.
COLWELL: Indianapolis strategizes for health care reform
The recent flurry of big announcements portends well.
MCDONALD: Groups making headway attacking health problems
The statistics we hear so often are clear. As a community, we are not in an enviable place. We smoke more, exercise less and weigh more than the national average, resulting in more diabetes than average.
Medical finance driving major changes in health care marketplace
Brian and Emily Kahn had virtually identical physical therapy. He paid much more than she did. Why? Because of where the therapy took place.
Apartment fire displaces 26 residents
At least 26 apartment residents were displaced by a fire early Wednesday morning on the northwest side of Indianapolis. Fire crews were called to the Stratford Apartments, near West 25th Street and Georgetown Road, at about 4 a.m. Flames could be seen for blocks, and firefighters took more than 90 minutes to extinguish the blaze. At least eight of the 12 apartment units suffered extensive damage.
Teen arrested after high-speed chase
A Greenwood teenager was arrested Tuesday afternoon, police said, after he stole a pickup truck and led officers on a pursuit that reached speeds more than 100 mph. The 16-year-old male nearly hit three vehicles before crashing into a median at County Line Road and State Road 135. The teen ran from the scene but was caught and subdued with a stun gun. Officers said they found eight pill bottles in the suspect’s pants that he had taken from the vehicle.
Man killed, cop hurt in gunfight
One man was killed and an Indianapolis police officer was injured Tuesday night in a gun battle that erupted after the officer pulled over a vehicle full of men on the east side of the city. The unnamed officer conducted a traffic stop of a car with five occupants at East 36th Street and Sherman Drive at 8:20 p.m. One of the passengers pulled a gun, sparking the gunfight. The car’s driver was fatally shot and three other passengers suffered non-life-threatening gunshot wounds. The officer is recovering.
Charlie & Barney’s ends 36-year restaurant run
Indianapolis chain Charlie & Barney’s, known for its chili, has closed its flagship downtown location, leaving it without a restaurant for the first time since its 1977 founding.
Browning plans apartments for Broad Ripple property
The local developer said it plans 60 to 70 apartments on the northeast corner of College Avenue and the Central Canal as part of a mixed-use development.
Butler lands $10M grant for sciences expansion
Butler University has received a $10 million grant from the Richard M. Fairbanks Foundation to help the school expand its sciences efforts, Butler announced Wednesday morning.