Carmel City Council members want further control of the redevelopment commission that carries out Mayor Jim Brainard’s vision for downtown, and Brainard said Friday morning that he won’t oppose the plan.
Mitt Romney, the Republican presidential nominee, has raised $2.27 million in large gifts from Hoosiers, twice as much as President Barack Obama, according to federal campaign-finance data through June 30.
In accordance with the Jumpstart Our Business Startups Act, the Securities and Exchange Commission will lift the long-standing ban on “general solicitation” of unregistered securities.
A tribal casino planned for northern Indiana could deal a serious blow to established competitors, as well as to an important source of state tax revenue.
Central Indiana residents will have a front-row seat on the close race for U.S. Senate, as Democrat Joe Donnelly and Republican Richard Mourdock drill into each other’s partisan strongholds to pick up crucial votes.
The Indianapolis Symphony Orchestra season would shrink from 52 weeks to 36 under management’s proposal to restore financial stability to the performing arts organization.
Indianapolis will spend $2 million this year to create its first comprehensive, modern inventory of its streets and sidewalks.
Indiana University is about two weeks away from issuing a request for proposals on a lease that would last 30 to 50 years, Chief Financial Officer Neil Theobald said. A similar deal at The Ohio State University generated $483 million.
The refinancing would free up about $8.8 million for future development projects and keep the Carmel Redevelopment Commission out of the red. But a skirmish is brewing over a CRC proposal for the city to help cover operating expenses.
The Illinois Lottery is not a model Indiana should follow in seeking a private manager to boost revenue, according to Illinois’ own lottery chief. Hoosier Lottery officials say they’ve taken steps to avoid the problems Illinois had with its privatization contract, but several key elements of the process mirror Illinois’.
Mayor Greg Ballard said Thursday that he plans to introduce a new system of merit raises that could put extra pressure on department chiefs to cut their budgets.
At least six reputable developers, both local and national, have toured the former General Motors plant near downtown Indianapolis since it closed last year, according to an official trying to market the property. Of those, two are taking a serious look.
Carmel Mayor James Brainard's request for an additional $1.36 million in arts funding is lingering in a city council committee.
Indianapolis Mayor Greg Ballard’s office is reviewing proposals from five commercial property managers that want a crack at running the City-County Building for the next 30 years.
Slingshot SEO Inc., a fast-growing Internet marketing firm that made a job-creation deal with the state in 2011, said Monday that it was eliminating about 15 percent of its work force—or roughly 15 employees.
The Carmel City Council will consider backing a $195 million debt re-issue, which would free up millions of dollars for further development of the massive City Center project.
Technically, the Indiana governor’s race is wide open, but some deep-pocketed donors see Democrat John Gregg as a long shot. Gregg tripled his fundraising pace in the second quarter, but much of that was fueled by unions, rather than business groups and executives who’ve supported Democrats in the past.
Redevelopment of the Massachusetts Avenue fire station could remain in limbo for the foreseeable future, as Mayor Greg Ballard and council Democrats enter a standoff over tax increment financing districts.
Hoosier banks from outside the Indianapolis area are piling into the market with branch locations, and with no let-up in sight.
Indianapolis Mayor Greg Ballard’s staff received a collective 18-percent raise this spring following the hiring of a new deputy for education with an annual salary of $120,000.
