A federal appeals court has reversed a breach-of-contract ruling for Indianapolis-based media company Emmis Communications Corp. arising from a shareholder dispute. Emmis had sought more than $4 million in legal fees that its insurer refused to cover.
Recipients defended the payouts, saying they didn’t cover their losses from the trade war, and they were legally entitled to them.
A Carmel-based plaintiff has filed a lawsuit against Krieg DeVault, alleging the Indianapolis-based law firm’s failure to file a property deed in 2003 in a transaction involving defunct retailer HHGregg could now cost the real estate company millions of dollars.
Prosecutors say David Betner of Indianapolis misled investors by saying his company—Darepoint—was on the verge of a profit-generating buyout.
Westfield-based Henke Development Group, which helped the city develop Grand Park, plans to spend $77 million developing Championship Park, a commercial development on land next to the sports park. A hotel could also be part of the project.
In a quest to create permanently affordable housing, about 25 Indianapolis community groups and development corporations have formed the Community Land Trust Coalition.
Indianapolis-based beverage maker Circle Kombucha wants to sell its signature product—carbonated, fermented tea—throughout the Midwest.
But first—Chris Jensen said—the city needs to take steps that will help guide and keep a handle on the coming influx of residents and businesses.
Under a proposed deal, the Boston-based developer of the 11-story project would receive a portion of the increase in property tax revenue generated by the project in order to pay off the bonds.
Democrat Pete Buttigieg’s latest numbers further cement him as a leading candidate and are sure to draw notice from rival campaigns, many of whom have struggled to raise money.
IBJ took top honors from the Alliance of Area Business publications for best coverage of local breaking news, best local coverage of national news, and best specialty e-newsletter.
Should you avoid red meat? No. Should you strive for 10,000 steps a day? Not unless you just want to. So says Dr. Aaron Carroll, a pediatrician and researcher at the Indiana University School of Medicine who sees it as his life’s calling to debunk what he considers health myths and weak medical research.
A small faction of officials at the struggling 800-store retailer talked to mall owners Simon Property Group Inc. and Brookfield Property Partners LP about a range of options, including a sale, according to people with knowledge of the matter.
U.S. tariffs will remain in place against Chinese imports while negotiations continue. Additional trade penalties President Trump has threatened against billions worth of other Chinese goods will not take effect for the “time being.”
“While I still love basketball, I know there is something more important, which is my family and my faith,” he told ESPN’s The Undefeated.
Felony charges have been filed against three men involved in a high-profile shooting incident in downtown Indianapolis that sent two visiting judges to the hospital with gunshot wounds. And those charged include one of the judges.
Hamilton Circuit Court Judge David Najjar found that attorneys for Fishers spent more than 230 hours defending the city against Save the Nickel Plate in a case he called “frivolous.”
Indianapolis-based BWI LLC is requesting a city property tax break for the 97-unit development that would save it $1 million over 10 years.
The current Indiana members of the House and Senate have served an average of 8.6 years on Capitol Hill, a number that will go down when Brooks leaves.
The move comes as Cummins, long known as a diesel engine powerhouse, expands its efforts in alternative powertrain technologies.
