Leader of IndyCar series, IMS staying on ‘indefinitely’
Mark Miles, who has led Hulman & Co. since 2012, said: “We have the opportunity now to try to take it to a whole other level. I’ve had no thought of doing anything else.”
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New owner makes major job cuts at TV stations WXIN, WTTV
Nexstar Media Group Inc. has terminated about two dozen employees at CBS affiliate WTTV-TV Channel 4 and Fox affiliate WXIN-TV Channel 59 in Indianapolis, industry sources told IBJ on Wednesday.
UAW workers ratify new contract with Fiat Chrysler
The ratification means the United Auto Workers union has settled with all three Detroit automakers. Fiat Chrysler has a workforce of 8,156 in Indiana at four plants in Kokomo and one plant in Tipton.
New $40M VA clinic set to open in summer 2021
The facility to be built off State Road 46 on Terre Haute’s east side will combine currently separate primary care and mental health clinics. It will be equipped to serve 10,000 veterans.
Pence traveling to Indiana for private event with governor
Vice President Mike Pence’s office announced Wednesday that Pence will fly Friday afternoon into Indianapolis International Airport and take part in what it calls a roundtable for Gov. Eric Holcomb, who is seeking reelection next year.
NCAA moves early-round basketball tourney games to Indy in 2022
The games had been scheduled for Cincinnati, but the NCAA said the city needs time to complete renovations of its arena.
Indianapolis company to redevelop former Marsh property in Fishers
Strongbox, a commercial development and construction management company, plans to spend $7 million to tear down a quarter of the existing store and then add a second retail building to the site.
NCAA: ‘Highly probable’ Congress passes athlete comp rules
NCAA President Mark Emmert said he is spending most of his time trying to figure out how the NCAA and its hundreds of member schools will allow college athletes to get compensation under the auspices of amateur athletics.
Fed leaves low rates alone, foresees no moves in 2020
In a sign of the Fed’s confidence about the economy, its latest policy statement dropped a phrase it had previously used that referred to “uncertainties” surrounding the economic outlook.
Cunningham picks Hamilton Town Center for third Livery location
Noblesville’s Livery will open in the Hamilton Town Center between Books & Brews and the shopping center’s new green space, across from the recently opened Ford’s Garage.
Fountain Square dance club, music venue closes
The establishment’s owner is already looking for a new occupant for the space, located in the heart of Fountain Square.
Venture capital firm Hyde Park raises $100M for latest fund
Hyde Park Venture Partners, a Chicago-based venture capital firm with an office in Indianapolis, said its third fund exceeded its original goal of $75 million with help from repeat institutional investors.
Wet-Nap maker planning to build area production facility, add 90 jobs
Nice-Pak Products, a manufacturer of wet wipes for consumers, health care, food service and other commercial markets, announced plans Wednesday to build a 760,000-square-foot production and warehousing facility in Mooresville, creating 90 jobs.
Ambrose plans new Plainfield industrial park, $50M first building
The 189,000-square-foot first building is one of four planned by Indianapolis-based Ambrose Property Group at its new Plainfield Logistics Center.
Boston firm buys 10 industrial buildings for $62 million
Plymouth Industrial Real Estate Investment Trust said Tuesday that it acquired the nine-building Shadeland Commerce Center and a 353,000-square-foot building at 7901 W. 21st St.
Airline trade group predicts Christmas travel will increase 3%
The trade group Airlines for America said Tuesday that 47.5 million people are expected to fly over an 18-day period from Dec. 19 through Jan. 5.
Buttigieg discloses ex-clients as fundraising swing begins
Facing intense pressure to answer questions about his work in the private sector, Democratic presidential contender Pete Buttigieg on Tuesday disclosed a roster of former consulting clients that include a major health insurance provider.
Ex-Evansville mayor enters race for Indiana attorney general
Democrat Jonathan Weinzapfel announced his campaign Tuesday, saying he would “restore honor and integrity to the attorney general’s office.”
IMS tabs medical transportation company as title sponsor for Grand Prix
The Indianapolis Motor Speedway announced Tuesday that it has struck a multi-year naming rights deal for the Grand Prix of Indianapolis.
Hotel in downtown Fishers project to fly upscale Tapestry flag
The $157 million mixed-use project slated for the Nickel Plate District in Fishers is expected to include a five-story, 116-unit hotel under Hilton’s high-end Tapestry Collection brand.