Software firm Bolstra raises $1.5M, adds veteran tech executive
Bolstra LLC, a Carmel-based software-as-a-service company, has added an executive who previously held leadership positions at PolicyStat, Aprimo and Software Artistry.
IBJ Staff
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Colts agree to terms with Patriots’ McDaniels for head coach gig
McDaniels, 41, has been one of the NFL’s most coveted coaching talents since returning to New England as offensive coordinator in 2012. Since then, the Pats have reached six consecutive conference championship games and won two Super Bowls.
Closure of Carson’s stores in Indiana to cost 306 jobs
The parent firm of Carson’s revealed to state officials on Monday the scope of the five store closures it announced last week. Bon-Ton Stores Inc. filed for bankruptcy protection on Sunday.
Banking titan Andy Paine dies at age 80
Paine spent 37 years in banking, starting with Indiana National Bank, where he rose to president and chief operating officer. At his retirement, he was president and CEO of the Indiana arm of NBD Bank.
Feds approve work rules for HIP 2.0, more addiction funding
As many as 130,000 of the 400,000 people now covered by the Healthy Indiana Plan 2.0 will be required to work, take part in school or training, or do community service to continue receiving insurance benefits in 2019.
Citizens Energy earned $90M in latest fiscal year
Citizens Energy Group said profit nearly tripled, to $90.1 million, on higher operating revenue in the fiscal year ending Sept. 30.
IURC chairmanship attracts 7 candidates
The five-person commission regulates $14 billion in electric, natural gas, telecommunications, water and sewer utilities. It approves utility projects and determines how much utilities can charge customers.
East Chicago coke plant hit with $5M air-pollution fine
The settlement, announced Jan. 25, also requires the plant's owners to spend $250,000 on lead abatement.
Carson’s to close Circle Centre anchor store
The impending closure will represent a huge hit to the downtown mall, which has seen a steady exodus of traditional retail tenants in recent years. Nordstrom shuttered its anchor store at the mall in 2011.
Fishers organizing new event to replace Freedom Festival
The city of Fishers on Tuesday announced a new event to replace the Freedom Festival—a 29-year-old summer celebration that was called off last year over financial issues.
Banks to sell off five Indiana branches as part of $1B merger
Cincinnati-based First Financial Bancorp and Greensburg-based MainSource Financial Group have agreed to sell off five bank branches in Indiana to resolve regulatory concerns that could stand in the way of their planned merger.
Speedway to offer spendy lodging in tiny houses for Indy 500 weekend
For folks who want something a little more structurally solid than glamping but more homey than a hotel, the Indianapolis Motor Speedway plans to offer lodging for this year’s Indy 500 in pint-sized houses.
Indy Eleven to play home season at Lucas Oil this year
No financial details were available early this morning, but the agreement comes just weeks after the team said it will switch leagues.
Mayor joins critics of downtown north-split interstate plan, seeks new options
Mayor Joe Hogsett is echoing the chorus of community leaders and downtown residents expressing concern with the state’s $250 million plan to revamp the I-70/I-65 interchange.
Mass Ave distillery, eatery calling it quits
Mass Ave cocktail lounge and restaurant Broken Beaker Distillery is closing, its owner announced Thursday evening in a Facebook post.
Mass Ave brunch spot abruptly closes
A staple of the cultural district’s dining scene has closed following the introduction of a new operator.
Area home sales barely rise amid fewer choices, rising prices
Existing-home sales in central Indiana ticked up only slightly in December as inventories continued to shrink and price tags remained on the rise.
Conner Prairie tops attendance, membership marks
Conner Prairie set multiple attendance records in 2017, the interactive history museum in Fishers announced Wednesday evening at its annual meeting.
Two former auto dealer employees convicted of racketeering
Two men who helped manage used-car dealerships in Indianapolis face up to 20 years in prison after being convicted on federal racketeering and fraud charges, U.S. Attorney Josh Minkler announced Wednesday.