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60 Indiana hospitals penalized for high number of readmissions

October 21, 2019 | John Russell

The federal government says readmissions are often unnecessary and cost taxpayers tens of billions of dollars a year for treatments that should have been caught the first time around, or were not followed up adequately.

Story, Indiana’s next chapter: Son taking over after dad’s death

October 18, 2019 | Greg Andrews

Rich Hofstetter is inheriting control of Story, Indiana, after the death of his father, Richard, who for years was the public face of the off-the-beaten-path attraction.

Q&A with Jasmin Shaheed-Young, founder of education-advocacy group

October 18, 2019 | Lindsey Erdody

Even though her background is in Democratic politics, Shaheed-Young says the organization will be nonpartisan.

Merchants Bancorp opens new Carmel headquarters

October 18, 2019

The 120,000-square-foot building at the intersection of Elm Street and Monon Boulevard will house nearly 200 employees, with room for expansion.

Banks move around in latest deposit rankings

October 18, 2019

JPMorgan Chase and PNC Bank saw both their Indianapolis-area deposits and their market share decline over the past year, although they retained their positions as the area’s two largest banks, according to Federal Deposit Insurance Corp. data.

Center for the Performing Arts seeks corporate naming partner

October 18, 2019 | Samm Quinn

The Center for the Performing Art in Carmel encompasses the Palladium, The Tarkington and The Studio Theater, all in the city’s central core.

Williams Comfort Air acquires $3.3M building in Lawrence for new HQ

October 16, 2019 | Mickey Shuey

A longtime Carmel-based heating, cooling and plumbing company is relocating its headquarters to an industrial building it purchased in Lawrence.

Local children’s shoe store ready to call it quits after 58 years

October 15, 2019

The owner of longstanding local retailer Keen Children’s Shoes says she’s closing the store because it has become too difficult to compete in a changing retail landscape.

Ten Indiana school districts set to ask voters to approve tax increases

October 13, 2019 | Emma Kate Fittes, Chalkbeat Indiana

Here’s a roundup of all of the state school districts that will put a tax increase on the ballot in November, including a couple of school districts with both construction and operational referendums.

With 17 hotels in downtown pipeline, experts doubt they’ll all make it

October 11, 2019 | Mickey Shuey

If all of the plans move forward, downtown would see an unprecedented deluge of new rooms. But developers and lenders are fretting over whether the market can support them.

Carmel-based fraternity foundation official accused of embezzling $450K

October 10, 2019 | Indiana Lawyer Staff

The 43-year old woman has been charged in federal court with eight counts of wire fraud. “The evidence show that she stole over 800 separate cashier’s checks and money orders,” the indictment says, and deposited them into her own bank accounts.

Indianapolis theater to reopen as first-run movie house

October 10, 2019 | Susan Orr

Also this week: YUJO Ramen & Boba Tea, Taste of Dubai, Which Wich, Marco’s Pizza, Bovaconti Coffee, State of Grace

Old Town plans 28-acre office, residential project along Monon in Carmel

October 9, 2019 | Samm Quinn

Old Town plans five commercial/office buildings that would range from 2,000 to 8,000 square feet, site plans show. Plans call for up to 240 apartments, 46 townhomes, 30 condominiums and 10 single-family homes.

Carmel City Council OKs county income tax increase

October 8, 2019 | Samm Quinn

The Carmel City Council on Monday night unanimously approved a resolution to increase the county’s income tax by 10 percent to pay for 911 operations, joining Fishers, Westfield and Noblesville in supporting the tax hike.

Area election preview: Early voting kicks off Tuesday

October 8, 2019 | Lindsey Erdody and Samm Quinn

Residents in Marion County will be determining the next mayor of Indianapolis and 25 City-County Council races. Several races in Hamilton County are also contested.

Panelists discuss health care costs, vaping, doctor burnout

October 4, 2019 | IBJ Staff

Vaping has grown into full-blown health crisis in Indiana, panelists said at an IBJ health care event.

Former tech products executive sentenced on theft, securities charges

October 4, 2019 | Susan Orr

The former high-ranking executive for ACTnano Inc., ChaCha and Brightpoint pleaded guilty in August to theft and acting as an unregistered broker-dealer. He was already facing monetary judgements of more than $740,000 in two related civil cases.

Judge hears arguments in lawsuit that claims RFRA fix is unconstitutional

October 3, 2019 | Lindsey Erdody

The Indiana Family Institute and the American Family Association of Indiana filed the legal challenge to the so-called “fix” given to Indiana’s controversial Religious Freedom Restoration Act.

Residential real estate developer Onyx+East hires new chief executive

October 3, 2019 | IBJ Staff

Kelli Lawrence had been a principal partner at Indianapolis-based multifamily development firm Cityscape Residential for the past six years.

Popularity of resale boosts consignment shop

October 3, 2019 | Susan Orr

Greenwood store buys site, eyes expansion. Also this week: Zombie Taco, Yogulatte, Torrid, Book Warehouse, Sally Beauty Supply and Aldi.

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