Report: Indy not among finalists to join Major League Soccer
Sacramento, Cincinnati and Nashville are finalists to land expansion clubs, according to a report from Sports Illustrated soccer writer Grant Wahl.
IBJ Staff
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Baldwin & Lyons sees quarterly increase in premiums, profit
Carmel-based insurer Baldwin & Lyons Inc. bounced back from its first money-losing quarter in almost six years by recording growth in both profit and premiums during the third quarter.
Carmel software firm Determine sees improved quarterly results
Determine Inc., a software firm that moved its headquarters from Silicon Valley to Carmel last year, saw more revenue and a smaller loss than a year ago.
Bring offshore profits home—but companies shouldn’t squander cash
There is an estimated $2.6 trillion in profits that companies have made in other parts of the world—and are leaving there to avoid paying hefty taxes on the earnings when they transfer the money to the United States.
After 29 years, Fishers Freedom Festival coming to an end
The city’s decision to end support has made the annual summer event financially impossible, organizers said.
Pence pays tribute to late Indiana economist Bill Styring
Vice President Mike Pence said Indiana economist William Styring III, who died Monday, will long be remembered “for his life of humble service and commitment to economic freedom.”
Mild weather hurts IPALCO’s results
IPALCO posted a profit of $33.2 million on revenue of $355.3 million in the latest quarter. That compared to profit of $47.3 million on $361.3 million in revenue in the same quarter a year earlier.
State awards $900,000 for conservation projects
Twenty-five soil and water conservation districts across Indiana will receive nearly $900,000 in grants awarded by the Indiana State Department of Agriculture and the State Soil Conservation Board.
Gasoline prices in Indiana exceed national average
The average price of regular gasoline in Indiana has topped $2.70 for several days, about 8 percent higher than the national average, which has been hovering around $2.50, according to AAA.
Sun King adding sausage-centric restaurant to downtown brewery
Oca, which opens Friday, is operated by a familiar name and will feature a variety of house-made game, vegetarian and seafood sausages paired with different cheeses.
Steak n Shake suffers first quarterly loss since last decade
Third-quarter revenue and customer traffic also declined for the Indianapolis-based restaurant chain.
Anthem confirms appointment of Boudreaux as CEO
Former UnitedHealth Group executive Gail Boudreaux, 57, is succeeding Joseph Swedish, 66, who will serve as executive chairman until mid-2018.
Report: Swedish to step down from Anthem
The Wall Street Journal reports that the Indianapolis-based insurance giant will name Gail Boudreaux, a former CEO of UnitedHealthcare, as its new chief executive.
EDITORIAL: Crunch time for Indy soccer
Today, the Indy Eleven’s bid to join Major League Soccer is considered a long shot. It needs a quick jolt if the city wants to win.
Visit Indy earns big win after long pursuit
Visit Indy signed a deal to host the American Wind Energy Association Windpower Conference & Exhibition June 7-10, 2021, in the convention center.
Dora Hotel Co. managing Carmel Holiday Inn
The deal is the first between Dora and hotel owners Frank and Danette Kennedy, a father-daughter duo, of HC Carmel LLC.
Torch relay cited as top promotional campaign
The Indiana Office of Tourism Development was awarded Best Public Relations Campaign for the Indiana Bicentennial Torch Relay at the U.S. Travel Association’s 2017 Mercury Awards ceremony last month in Minneapolis.
UPDATE: Indy-based health insurer MDwise to be acquired by Michigan firm
After the deal closes, the insurers are expected to collectively cover more than 620,000 people and generate annual revenue approaching $6 billion.