Best Chocolate in Town acquired, closes Mass Ave store
Longtime local candy company The Best Chocolate in Town has been acquired by Indianapolis-based Newfangled Confections, which is known for it popular signature Frittle candy.
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Carmel man indicted on 28 fraud charges related to scheme using PayPal, eBay
Tuong Quoc Ho, 32, conducted “an elaborate scheme to defraud businesses, consumers, suppliers, financial institutions, credit card holders, credit card companies, and identity theft victims for personal monetary gain,” U.S. Attorney Josh Minkler’s office said in a statement.
Trump signals he’s prepared to give farmers more federal aid
China’s economy is being rocked by the new virus that has infected more than 75,000 people and forced many businesses and factories to temporarily close.
Former Noyes wealth adviser alleges sex discrimination
A former wealth adviser at David A. Noyes & Co. in Indianapolis has filed a sex discrimination lawsuit against the financial firm and longtime firm executive L.H. Bayley, 84.
Indianapolis plans to make 2021 All-Star Weekend a tribute to basketball
Fresh off a trip to Chicago for this year’s NBA All-Star Weekend, city officials are contemplating how best to celebrate the sport when the city hosts the event next year.
Herbicide causing Hoosier farmers, state regulators big problems
The Office of Indiana State Chemist reports the number of dicamba-related complaints has skyrocketed in the last three years—and it’s costing the state millions of dollars to respond.
BOHANON & CUROTT: Raising taxes, even on tobacco, can have unintended effects
On the surface, it seems an e-cigarette tax is a good idea. But upon further examination, it turns out the answer is tricky.
Reservoir cleanup costs spur division in tony Geist
More than 1,400 Geist households want a special taxing district that would raise money to maintain the reservoir. But other residents say the taxes would benefit mostly lakefront property owners, not people who live a few blocks away.
State might move deaf, blind schools rather than spend big on aging properties
The state’s separate deaf and blind schools need $100 million in upgrades over the next 20 years; state officials might start over with new buildings on a shared site.
Probe casts uncertainty over Gary, Terre Haute casino plans
The casinos’ futures remain up in the air as the Indiana Gaming Commission looks into allegations that a former Indianapolis gambling company and one of its officers were involved in a federal campaign finance scheme.
State rallying troops to increase Department of Defense spending in Indiana
Reaching Gov. Eric Holcomb’s goal would entail boosting the amount of federal defense dollars spent in Indiana to at least $10.2 billion in the next five years.
U.S. business gauge tumbles to lowest since 2013 on virus
Service providers and manufacturers are noting reluctance among clients to place orders amid the global virus scare.
Sales of existing homes surge in central Indiana amid lower rates
Closed sales in central Indiana have risen on a year-over-year basis in four of the last five months after falling in seven of the previous eight months.
China suspends more penalties on U.S. goods after trade truce
Goods affected by the latest reduction include industrial components and medical and factory equipment.
American women seek more than $66M in damages from U.S. Soccer
Players on the U.S. women’s national team are seeking damages as part of their gender discrimination lawsuit against the U.S. Soccer Federation.
15 months after acquiring Mobi, Tangoe’s local office grows in importance
“We’ve gone from being an ankle biter to an 800-pound gorilla,” said Josh Garrett, Mobi’s co-founder and former president who now serves as Tangoe’s chief strategy officer.
Bill that creates Indiana’s own voter crosscheck system heads to the full House
An Indiana House committee advanced legislation Thursday that would create a voter registration crosscheck system for the state similar to a widely discredited one in Kansas.
NFL owners approve negotiated terms for new labor agreement
Such quick action by the owners indicates their eagerness to replace the 10-year labor agreement that concludes in March 2021. Several elements of a new CBA could be implemented for the upcoming season should the players vote in favor of it.
Airlines foresee first global traffic drop since 2003
The airline industry expects the first annual decline in global passenger demand in 17 years, after tallying up the initial impact of the thousands of flights canceled because of the coronavirus outbreak in China.
Local dental tech services company acquired by Atlanta firm
Renaissance Electronic Services, an Indianapolis-based tech company that announced major growth plans in 2016, has been acquired by Atlanta-based Vyne, the companies announced Thursday.