Built in 1928, the aging facility is about to undergo its most extensive renovation since the building began hosting basketball games shortly before the Great Depression.
Indianapolis-based CountryMark Cooperative Holding Corp. said Friday morning that it has agreed to pay $125 million to purchase a portion of the oil and natural gas operations of Continental Resources Inc. in Oklahoma City.
Plainfield-based company provides its soaps and shampoos to world’s most prestigious hotels.
The operator of the Ruth’s Chris Steak House locations in Indianapolis is delving into the breakfast business by acquiring the rights to open 16 Another Broken Egg restaurants. The first is slated to open in February on the north side.
Three new reform-minded IPS board members could help usher in sweeping changes to the school district. At the state level, however, school librarian Glenda Ritz denied Tony Bennett a second term as voters spurned his sweeping education overhaul.
The buildings on the northwest side of the city total nearly 200,000 square feet and are owned by an affiliate of a company that operates 12 cemeteries and four funeral homes throughout Indiana.
Decatur, Ill.-based ADM Milling Co. is seeking tax incentives related to its plans to construct a six-story building to increase its milling capacity. The expansion will help it retain 53 workers.
Indianapolis-based BioStorage Technologies Inc. is planning to add 108 jobs in the next five years as part of a $7 million expansion and is seeking financial incentives from the city for the second time in three years.
The Capital Improvement Board’s directors voted Thursday afternoon on three actions that will circumvent the $15 million payment-in-lieu-of-taxes, or PILOT, which the Indianapolis City-County Council included in the CIB’s budget.
The economy in 2013 is likely to mirror the slow-growing one of this year, economists from Indiana University’s Kelley School of Business predicted Thursday morning. And it could be even worse.
Pete Kissinger hopes Phlebotics will follow in the footsteps of another of his creations, Bioanalytical Systems Inc.
The maker of snack foods such as Pop Secret popcorn and Emerald nuts said it will close its Fishers plant, which it purchased in 2006 from Harmony Foods Corp., on Jan. 31.
Trinitas Ventures of West Lafayette plans to break ground next spring on a $20 million student housing project on Indiana Avenue with 214 units. The developer already has built 253 units on the site.
Jack Bayt is transferring ownership to head chef Matt Schwartz and T.K. Nelson, a director and general manager. Crystal had largely been dismantled by its previous owner.
The hotly contested race for U.S. Senate between Joe Donnelly and Richard Mourdock, in addition to the governor’s contest, has netted four local television stations millions in advertising dollars, according to FCC filings.
Former Google manager returns to roots to launch FoundSM.
The U.S. economy is expected to grow next year at a less-than-ideal rate, but that's not necessarily a bad thing considering the lingering uncertainty, said John Augustine, chief investment strategist of Fifth Third Bank.
Council Democrats want to take funds from the Capital Improvement Board’s $67 million cash reserve to help shore up the city’s budget. But State Sen. Luke Kenley lobbed a threat that might make them think twice about pursuing the proposal.
In what could be the largest antitrust settlement in U.S. history, the agreement would resolve dozens of lawsuits filed by retailers against Visa Inc., MasterCard Inc. and the banks that issue their credit cards.
BMO Harris Bank’s expansion in Indianapolis and other markets via its acquisition of M&I Bank is off to a rocky start as many customers still are unable to access their online banking accounts.
