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Articles
Survival questions swirl over HHGregg
The company's shares took a dramatic tumble on Jan. 9, after it reported disastrous preliminary sales figures for the quarter ended Dec. 31.
Hosting NBA All-Star Game not a financial slam-dunk for home team
While considering whether to put their headband in the ring for hosting the NBA All-Star Game, officials with the Indiana Pacers likely are weighing the significant costs that the home team must shoulder.
Lilly buying developer of pain-management drugs for $960M
The Indianapolis-based drugmaker’s purchase of the biotech firm CoLucid Pharmaceuticals will give it access to a late-stage experimental medication for migraine headaches.
City’s vision would relink GM property to downtown
An iconic architectural landmark that would create a gateway to downtown is one of several features city officials want as part of a redevelopment of the former General Motors stamping plant site.
Community Health demolishing, rebuilding East hospital
The wrecking ball is busy at Community Hospital East, knocking down one building after another, as workers ready the site for a brand-new, $175 million hospital.
URBAN DESIGN: Downtown Indy could take big strides in 2017
From Mass Ave to White River, here’s what to look for in the year ahead.
Bankruptcy trustee appears poised to sue former ITT brass
Deborah Caruso has launched a no-holds-barred inquiry into the defunct company's business practices and is seeking documents and depositions from the accounting firms that audited its books.
Pacers sign sponsorship with local injury law firm
The deal includes in-stadium signage, radio broadcast ads and live in-game mentions, as well as sponsorship of the pre-game injury report.
HHGregg expecting major drop in sales in latest quarter
HHGregg released preliminary sales results for its latest quarter Monday after the market closed. Shares fell 24 percent in after-hours trading, to $1 each, after closing at $1.31.
Priority list includes Harlem Globetrotters, ISO’s winter festival, more
Plus, a new look at the Rodgers & Hammerstein warhorse, “The Sound of Music.”
Candy maker expands in pet care with $7.7B purchase of VCA
VCA operates more than 750 animal hospitals in the United States, including about 10 in the Indianapolis area.
UnitedHealth branches out with $2.3 billion Surgical Care deal
The U.S.’s biggest health insurer, UnitedHealth Group Inc., said it will buy Surgical Care Affiliates Inc. for about $2.3 billion, further diversifying by adding an outpatient surgery chain.
Holcomb completes ascension from unknown to Indiana governor
Eric Holcomb was a struggling Republican Senate candidate a year ago, a virtual unknown in Indiana despite more than a decade at the top levels of the Republican state politics. On Monday, he became Indiana’s chief executive.
WFYI, other public radio stations bulk up news staffs
A decade ago, WFYI’s on-air personalities mostly read local stories from other sources. With its four additions, WFYI will have 15 staffers dedicated to gathering, reporting and disseminating local stories statewide and beyond.
Closing IPL’s toxic ponds could cost millions
As IPL ditches coal in favor of natural gas at power plants in Indianapolis and Martinsville, the utility wants to close their coal ash pits, cover the tops with plastic membranes, and top them off with nearly three feet of sand and soil.
LOPRESTI: A Colts fan’s guide to looking on the bright side
It’s a stretch, but here’s how to view the team’s forgettable season through rose-colored glasses.
Late flurry of hotel room bookings gives Visit Indy strong finish for 2016
In the last two weeks of the year, Visit Indy signed deals to bring 41 conventions to Indianapolis in the next five years. Those deals helped push the group close to a new annual record for advance bookings of hotel rooms.
Notre Dame out, Ball State in as IU’s foe at Victory Field
Over the past two years, the IU vs. Notre Dame game has been a big hit at Victory Field. But the Irish pulled out this year, leaving a hole in the lineup.
Advanced bookings down for Indy hotels
The number of hotel rooms Visit Indy booked into future years took a tumble in 2016 to the lowest level since 2013. But local tourism and hotel officials aren’t overly concerned.