Indiana makes top 10 in best-for-business ranking
Forbes cited Indiana’s triple-A bond rating and regulatory climate as the biggest positives for the state.
IBJ Staff
Articles
First Internet continues run of profit increases
First Internet Bancorp, the parent of First Internet Bank, has seen its stock rise 91 percent since the beginning of the year.
Residential Real Estate: Marketplace
See the latest home sales statistics, the most expensive home sold last quarter, what you can buy for $1.25 million and more.
Local tech firm planning another expansion, 69 jobs
Locally-based technology consulting firm Allegient LLC on Friday morning announced plans to spend $1.3 million to renovate and equip unused office space in its headquarters near North Meridian Street and Interstate 465.
Ontario firm to acquire CTI Group for $22.5 million
A Canadian software firm has signed an agreement to acquire CTI Group Holdings Inc., one of the smallest publicly traded companies based in Indianapolis.
Logistics firm planning $14M south-side distribution center
Two local subsidiaries of Miami-based Venture Logistics LLC want to build the 400,000-square-foot facility on a 46-acre site at West Hanna Avenue and Division Street, near South Harding Street.
EDITORIAL: Time to dispense of one-off highway funding schemes
Gov. Mike Pence's proposal is the latest example of the state using stop-gap measures to maintain basic infrastructure.
Ameriana shareholders set to vote on merger
Muncie-based First Merchants Corp. is to acquire Ameriana for $69 million under the deal.
Veteran of Indy banking to lead Lake City division
Warsaw-based Lake City Bank appointed Bill Redman to lead its Indianapolis commercial banking team.
Umbaugh acquires Ohio advisory firm
The municipal finance advisory firm is buying Ohio-based Prism Municipal Advisors LLC,which bolsters its Midwest presence.
Indiana bank branches drop for sixth straight year
Banks operating in Indiana have been cutting branches since 2009, and the pruning continued in 2015.
Area home deals drop again as prices rise, selection dips
Home-sale agreements in central Indiana slid for the sixth straight month in September as prices climbed and inventory declined, according to F.C. Tucker Co.
Indianapolis Motor Speedway to host top amateur racing event
The SCCA National Championship Runoffs will take place on the Speedway's road course Sept. 29-Oct. 1, 2017.
Area builders see 2nd straight bump in permit filings
Area home builders saw an 8-percent increase in buyers in September, according to the latest permit numbers from the Builders Association of Greater Indianapolis.
EDITORIAL: Governor must back full LGBT rights
Had Pence never pushed the Religious Freedom Restoration Act, it’s likely he could have won support for some kind of law like one passed in Utah.
Lilly Endowment pegs $1.4M grant for attracting tech talent
TechPoint, an Indiana technology advocacy group, intends to use the money for internship and fellowship programs that create career connections in the state.
Indiana Supreme Court upholds state’s synthetic drug law
The court said the law banning K2, Spice and other chemical compounds meant to cause intoxication are not too vague. The law’s author, Sen. Jim Merritt, said the court ruling should help “keep our children safe and stop the spread of these harmful drugs.”
Herron targets historic armory on White River for new high school
Herron High School hopes to raise enough money to turn an abandoned armory in Indianapolis into a new high school, according to Indiana Landmarks, which is trying to save the property.
UIndy to offer two engineering degrees in 2016
Students will choose between undergraduate degrees in industrial engineering and software engineering, specialties that are not as widely available in central Indiana.
Lilly Endowment commits $50M to UNCF initiative
The Lilly Endowment has pledged $50 million to the United Negro College Fund to launch the UNCF Career Pathways Initiative—an effort to improve employment rates and wages for African-American college graduates.