Marsh wins $19.5M judgment against Roche
A Hamilton Superior Court judge awarded damages to the local supermarket chain in a soured sublease deal it signed with Roche Diagnostics in March 2008.
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Mayors back transit tax hike in Marion, Hamilton counties
Indianapolis Mayor Greg Ballard, Carmel Mayor Jim Brainard say more local transit options are needed despite the steep cost. A ballot referendum would be required so voters could consider a 0.3-percent income-tax increase to pay for a $1.3 billion project.
Lockhart Automotive co-owner recovering from losing Saturn
Lynn Kimmel, president of Lockhart Automotive Group, is helping her family business recover from losing three Saturn dealerships and a Hummer dealership when General Motors Corp. folded both those lines.
Star parent plans to add 108 jobs at local media units
Gannett Co. said the jobs will be added in central Indiana as part of an expansion of its media-related groups. Meanwhile, the newspaper’s union continues to negotiate a new contract with the company.
SEC accuses Positron CEO of misleading investors
Regulators allege CEO Patrick G. Rooney diverted millions of dollars from a hedge fund into the struggling Fishers company without investors’ knowledge.
Incentives flow to tech firm Positron, despite red ink
The molecular-imaging company is trying to transition its business model and get beyond a going-concern warning.
Marsh plans to spend $60M to build and remodel stores
The Fishers-based supermarket chain is shifting into expansion mode with a mission to construct up to 10 new stores and revamp or rebuild several more over the next three years.
Probe: Investment adviser Hauke masked huge loss
Fishers investment manager Keenan Hauke suffered massive losses in his hedge fund seven years ago. Then, rather than fess up, he generated fake account statements for clients that showed money they didn’t really have and returns they hadn’t earned, state investigators allege.
Fishers named a top suburb for retirees
Forbes magazine said Fishers had the lowest crime rate on the list, average home prices just above $200,000 and a cost of living 10 percent below the national average.
Notorious I-69 interchange slated for big upgrade
Getting onto and off of Interstate 69 at the 116th Street exit has long been a nail-biting experience, but traffic planners are about to propose reconstruction to unplug the bottleneck.
Forum Credit Union trying to rebound from recent losses
Fishers-based Forum Credit Union was on the upswing from a sizable loss in 2008 when a slew of challenges hit late last year. Now Forum is rebuilding its earnings—and looking for a new leader to steer the company.
Stonegate Mortgage to relocate growing firm to Indianapolis
Stonegate Mortgage Corp. will move its growing operation to Indianapolis in the next few months after a deal to expand in Fishers fell through.
IHOP adding several restaurants
The chain is trying to regain a foothold in central Indiana with two locations under construction and at least three more in the works.
Firestone launches test lab in Fishers
Facility is meant to appeal to heavy-truck makers, other manufacturers.
Bill would give neighborhoods more power to resist annexation
Cities and towns would lose the power to annex land against the owners’ will, under a bill that easily cleared the Indiana Senate.
Several new restaurants opening in Indianapolis
The new dining spots include a few home-grown businesses that are opening in or near Broad Ripple.
Newspaper chain expanding in Fishers
Current Publications is exhibiting growth seldom seen in the newspaper industry these days. Four years after launching, the company is preparing to debut its fourth weekly newspaper in Hamilton County on Jan. 25.
Commuter bus might be saved
Routes to Carmel and Fishers that were to be discontinued at the end of the year are on the verge of being rescued.
Retailers scout new Indy-area locations
Several restaurants, including three pizza chains, and an adult-oriented retail store are planning new locations around the city.
Fishers Arts Council cranks up effort to support creative community
The Fishers Arts Council, which merged this year with the Fishers Cultural Alliance, is looking to become the suburb’s foremost arts advocate.