Indiana’s unemployment rate beginning to repeat itself
Unemployment statistics for the state released Friday by the Indiana Department of Workforce Development had a familiar look.
IBJ Staff
Articles
Virtual school closure to cost 62 workers their jobs
The Hoosier Academy school board voted in September not to renew the charter of its full-time online school after months of scrutiny from the state, dropping enrollment, and poor academic performance.
Indianapolis-area builders continue to see rising demand for new homes
Builders in the nine-county area saw the busiest April for permit filings since 2007.
Former engineering exec charged with pilfering nearly $1M from local office
A man hired to open a Beech Grove office for an Indiana-based engineering firm has been charged with stealing almost $1 million in company funds, Marion County Prosecutor Terry Curry announced Thursday.
Indianapolis man charged with leading fraud ring that targeted Kroger
The 28-year-old man faces seven counts of wire fraud, one count of attempted bank fraud, one count of aggravated identity theft, and one count of false statements to a financial institution, U.S. Attorney Josh Minkler announced Thursday.
Old National expands no-fee ATM access
Old National Bank customers can now use Allpoint Network ATM machines without paying a surcharge, the Evansville-based bank announced this month. Allpoint has more than 55,000 ATMs within retail locations across the United States, Mexico, United Kingdom and Australia. Allpoint is a subsidiary of Houston-based CardTronics LLC.•
Bank names market leader
Pipes Bank of America has appointed Karen Pipes as its Indianapolis market manager. Pipes will handle community partnerships and be responsible for developing and executing a market plan. She began her financial-services career with JPMorgan Chase in 2005, where she held a variety of roles. Before that, she worked in the business, government and not-for-profit […]
Huntington bests other large banks in satisfaction survey
Huntington scored 847 out of a possible 1,000 points in the J.D. Power survey; the regional average was 821 points. (IBJ photo/Lesley Weidenbener) Among large banks with an Indianapolis presence, The Huntington National Bank scored highest in J.D. Power’s 13 annual U.S. Retail Banking Satisfaction Study. Huntington scored 847 out of a possible 1,000 points, […]
EDITORIAL: Indy must tackle growing gap between haves and have-nots
Census data shows that 35 of the 36 ZIP codes in Indianapolis had higher poverty rates in 2016 than they did 16 years earlier.
Lilly shareholders reject proposals to lower takeover barriers
Failure to approve the proposals keeps Eli Lilly and Co.’s supermajority-vote requirement for takeovers and staggered board elections intact.
City-County councilor named CEO for Boys & Girls Club of Indianapolis
Maggie Lewis, who will continue serving on the council, has prior leadership experience with not-for-profits.
Allison veteran to ascend to CFO spot in global transmission firm
G. Frederick Bohley, a 27-year veteran of Allison Transmission Holdings Inc., has been named chief financial officer of the Indianapolis-based public company.
Emmis turns quarterly profit despite shrinking revenue
Revenue declines were expected because Emmis has sold off five radio stations and most of its publishing assets since the beginning of 2017.
YMCA, Westfield schools plan $35M branch, natatorium near Grand Park
The development, proposed for the southwest corner of Wheeler Road and 181st Street, could be started in spring 2019 and open in fall 2020 if approvals are received and fundraising goals are met, YMCA and school officials said.
EDITORIAL: Infosys airport deal is product of patience, reminder not to jump at easy
Of course, there are no guarantees that Infosys’ vision for its Indianapolis tech hub will pan out. But without the benefit of hindsight, it appears the city, state and airport authority waited for the right deal to come along.
Pancheros Mexican Grill to enter Indy market with multiple stores
The Iowa-based chain of fast-casual Mexican restaurants has more than 70 stores in 14 states.
Panel weighs in on 16 Tech, brain drain and more
A sampling of panelists comments at the May 4 Life Sciences Power Breakfast: COY: The problem … of keeping the talent that we are educating here in Indiana is multi-faceted, and I don’t think that 16 Tech is the silver bullet that alone will solve the problem. It is a component of what needs to […]
Baldwin & Lyons ekes out profit despite higher accident claims
Carmel-based insurer Baldwin & Lyons Inc. saw a big increase in revenue and premiums written in the first quarter, but a jump in accident losses almost wiped out earnings.