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.
IBJ Staff
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Local voters approve tax hikes for schools, but not for jail expansion
School funding referendums were successful in Warren Township and in Hendricks and Madison counties. Hancock County voters, however, rejected a $55 million criminal justice proposal.
Hustler Hollywood loses appeal for Castleton-area store
A ruling on Monday from the 7th Circuit Court of Appeals upheld a city ordinance that prohibits adult entertainment businesses from operating in certain areas.
Sun King unveils restaurant lineup for Carmel distillery, tap room
Sun King Brewery on Tuesday announced plans to fill the food hall in its soon-to-open tap room and distillery in Carmel with four independently-operated eateries.
Houston-based company acquires local mechanical contractor
Comfort Systems USA Inc. continues to expand its local operations with its second acquisition of an Indianapolis company in the past year.
IndyGo to receive $75M for first phase of Red Line transit project, Carson says
The federal funding will cover most of the $96.3 million first phase of the Red Line, a proposed 13.1-mile bus route that will run between East 66th Street in Broad Ripple and the University of Indianapolis, with 28 stops along the way.
Restaurant chain owners in Indiana charged with underpaying taxes
The owners of a chain of restaurants in six Indiana counties have been charged with underreporting more than $8 million in sales, Marion County Prosecutor Terry Curry announced Thursday. The chain includes two restaurants in Marion County and one in Plainfield.
Conner Prairie, Ritz Charles plan event venue on White River
Conner Prairie is teaming with Carmel-based hospitality company Ritz Charles on a $3 million project that will renovate the historic Chinese House at the Fishers living history museum and add an event venue along the White River.
EDITORIAL: State should pause I-70/I-65 project long enough for larger study
Indianapolis needs time to consider its options—to think about whether interstates that bisect its core, divide its neighborhoods, and bring commuters in and out from the suburbs are what work for its future.
Church, high school gym, college campus on ‘Most Endangered’ list
One of the largest high school gyms in the nation, a college campus and an internationally known church designed by a famous architect are among the properties on this year’s “10 Most Endangered” list from Indiana Landmarks. The Indianapolis-based not-for-profit preservation group released its list April 30, with nine new listings and one landmark repeating […]
City to host Olympic diving team trials in 2020
The event, to be held at the newly renovated IU Natatorium, will determine the divers who will represent the United States at the 2020 Olympic Games in Tokyo.
‘Bob & Tom Show’ extends syndication deal with Westwood One
The deal will keep the locally produced morning radio show on more than 100 stations across the United States for several years to come.
Foreign ambassadors set to descend on Indianapolis
More than 30 foreign ambassadors—representing countries across four continents—are scheduled to be in Indianapolis to learn about Indiana’s economy and explore potential business relationships with Hoosier firms.
Local care-management software firm lands $1M in seed funding
Carmel-based Tendly LLC, a software platform for senior care and child care providers, has raised $1 million in seed funding from a bevy of local entrepreneurs and tech investors, the firm announced Tuesday.
Existing-home sales decline in Indianapolis area as inventories plummet
It was the first month sales have fallen since July and only the fourth month they’ve declined on a year-over-year basis in the past 29 months.
Old gymnasium, famous church, college campus on ‘Most Endangered’ list
Indianapolis-based not-for-profit preservation group Indiana Landmarks released its list Monday, with nine new listings and one landmark repeating from last year’s list.
Upscale Fishers apartment complex sells for nearly $37M
The 306-unit Flats at Fishers Marketplace complex was the site of a major fire in 2015 that destroyed one of the main buildings.
IBJ honored for editorial writing, illustrations, medical reporting and more
Editor Greg Andrews and artist Brad Turner took home top honors in the contest sponsored by the Indiana Professional Chapter of the Society of Professional Journalists.
State, city offer more than $100M in incentives to Infosys
The economic development deal marks the largest jobs commitment the Indiana Economic Development Corp. has received since the agency was established in 2005. But it’s not the largest incentive package the state has offered.
First phase of Infosys’ $245M airport campus will be $35M training center
The ultimate project, to be developed in phases over the next several years, is expected to be a $245 million, 141-acre complex with 786,000 square feet of facilities.