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Indianapolis hotels see sharp increases in room revenue

The Indianapolis hotel market is poised to record a 10.8-percent increase in revenue per available room in 2012, according to projections from PKF Consulting. The city's hosting of the Super Bowl gave the market a huge, early lift.

Carmel looks at $195 million refinancing package

The Carmel City Council will consider backing a $195 million debt re-issue, which would free up millions of dollars for further development of the massive City Center project.

Player fights at Colts camp sign of team’s nasty brand shift

A hostile scrum at Colts camp Thursday that at one time involved more than a dozen players and ended with a wild helmet flinging incident is just one sign that the Dungy-Caldwell-Manning era is over. But will fans embrace the changing times and new team?

IU’s CFO poised to take top job at Temple University

Indiana University senior vice president Neil Theobald is the sole finalist to be the next president of Temple University in Philadelphia. Theobald is chief financial officer at IU, overseeing a budget of about $3.1 billion.

U.S. unemployment rate ticks up despite rise in hiring

U.S. employers added 163,000 jobs in July, the Labor Department said Friday, a somewhat hopeful sign after three months of sluggish hiring. However, the unemployment rate rose to 8.3 percent, up from 8.2 percent in June.

Kite reports larger quarterly loss, higher revenue

The Indianapolis-based real estate investment trust attributed much of the $2.7 million loss to $1.8 million in interest and depreciation expenses on some of its properties. Revenue grew to $25.1 million.

State Fair tries to rebound from last year’s tragedy

The Indiana State Fair that opened Friday is trying to shake off the emotional and economic shadow of last year's deadly stage collapse, pumping up the event's appeal in hopes of drawing back crowds whose faith in the annual tradition was shaken by the tragedy.

Most Indiana fair stage-collapse victims accept settlement

Most victims of a deadly stage collapse at the Indiana State Fair have agreed to accept shares of a $13.2 million settlement offer from the state and two private companies, the state attorney general's office said Thursday.

NCAA committee endorses new penalty structure

Nearly a year after promising to impose harsher sanctions on the most egregious rule-breakers, NCAA leaders endorsed a proposal Thursday that would make schools subject to the same crippling penalties just handed to Penn State.

Star‘s labyrinth of aging buildings complicates sale, reuse

Local real estate pros say finding a reuse for the Indianapolis Star's HQ will be tricky. The newspaper is selling its labyrinth of buildings at 307 N. Pennsylvania St., which have multiple floor levels, narrow hallways and a basement built to house printing presses.