Dow Agro posts record fourth quarter profit
The Indianapolis-based unit of Dow Chemical Co. saw earnings grow to $142 million, a fourth-quarter record and double the $72 million reported for the 2010 period.
IBJ Staff and Associated Press
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WellPoint shares sink after disappointing earnings report
WellPoint Inc.'s stock price dropped almost 5 percent Wednesday after the insurer's fourth-quarter earnings failed to meet analyst expectations.
Builder’s bookkeeper gets 18-month sentence for theft
Kim Hutchison, 52, the former treasurer of Greenwood-based J. Greg Allen Builders and Princeton Homes, has been sentenced to 18 months in prison for allegedly stealing more than $446,000 from the now-closed companies.
Ryan’s, Old Country Buffet parent files for bankruptcy
Buffets Restaurants Holdings, which operates at least three restaurants in the Indianapolis area, has filed for Chapter 11 bankruptcy protection for a second time and plans to close 81 underperforming eateries.
Interest expressed in reopening amusement park
The owners of an Indiana amusement park are expressing interest in operating Kentucky Kingdom, which closed more than two years ago.
UPDATE: Colts tap Eagles exec for general manager’s job
Ryan Grigson, director of player personnel for the Philadelphia Eagles, was named the general manager for the Indianapolis Colts on Wednesday.
Drugmaker plans 234 Terre Haute jobs by 2016
A California-based pharmaceutical company says it expects to hire 234 people by 2016 at a new operation on the site of a former Pfizer Inc. drug plant near Terre Haute.
Indiana reaches online sales tax deal with Amazon.com
Amazon.com will begin collecting Indiana's 7-percent sales tax from customers in 2014 under an agreement with the state announced Monday.
Indiana House Dem leader hints at another walkout
Patrick Bauer, the leader of Indiana’s House Democrats, hinted Wednesday that party lawmakers may walk out for the second year in a row to oppose the same Republican-led right-to-work bill thwarted last year by their five-week boycott.
Rebuilding effort by Colts starts with surprising end of Polian era
The Indianapolis Colts fired vice chairman Bill Polian and his son, general manager Chris Polian, Monday after a 2-14 season. Coach Jim Caldwell might keep his job, owner Jim Irsay said.
Pendleton Pike Kmart, Anderson Sears on closing list
Sears Holding Co. said Thursday it will close a Kmart store on Pendleton Pike in Indianapolis and a Sears department store in Anderson as part of a round of closures.
Up to 120 Sears, Kmart stores set for closure
Between 100 and 120 Sears and Kmart stores will be closed, the retailer said Tuesday, after terrible holiday sales during what is the most crucial time of the year for retailers.
CME Group says it’s staying in Illinois
Illinois Gov. Pat Quinn on Friday signed tax-break legislation designed to keep the Chicago Mercantile Exchange and Sears Holding Co. from fleeing the state. CME had talked to Indianapolis officials about moving to central Indiana.
City-County committee nixes tougher smoking ban
The City-County Council's Rules and Public Policy Committee voted 6-2 Tuesday night against sending a tough smoking-ban proposal to a full council.
Rolling Stone, Bacardi to host Super Bowl bash
Rolling Stone magazine and rum maker Bacardi say they plan to throw a star-studded party the night before the Super Bowl at a renovated factory called The Crane Bay two blocks west of Lucas Oil Stadium.
Star fights to protect identity of online commenter
Attorneys for The Indianapolis Star will argue before an appeals court that the identity of an online poster is protected by the state's newspaper shield law, the U.S. Constitution's First Amendment and the Indiana Constitution.
Illinois lawmakers renew efforts to keep CME Group
Illinois lawmakers have reportedly reached a deal on a package of bills designed to prevent financial giant CME Group Inc. from fleeing to Indiana or another state.
Land gift preserves 40 acres in Indianapolis suburbs
The donation to the Central Indiana Land Trust comes from farmer Van Eller, who lived most of his life on the land now surrounded by Fishers and Carmel subdivisions before he died last year at age 89.
Indianapolis courts Chicago Mercantile Exchange
Indianapolis' mayor has met with top executives of the Chicago Mercantile Exchange to discuss bringing the 163-year-old financial market to Indiana's largest city. A move would mean hundreds of jobs for Indianapolis.
Indiana Legislature set for new right-to-work fight
Indiana House Speaker Brian Bosma says that passing a contentious right-to-work proposal will be his top priority during the coming legislative session.