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Las Vegas ready to bid to host numerous big NCAA events

August 26, 2019 | Associated Press

This is the first year that Las Vegas is eligible to bid after the governing body for college sports indefinitely suspended a ban last year that prevented events from being hosted in states that accept wagers on single games.

Ambrose is mum, but experts say it likely ran into financing problems for $1.4B Waterside

September 27, 2019 | Mickey Shuey and Susan Orr and Lesley Weidenbener

Real estate developers and experts suspect the firm couldn’t get access to enough capital to move forward with the massive, 103-acre development. Opinions are mixed on whether the site should remain intact or be split into multiple projects.

Letter: Nickel Plate solution is simple

October 4, 2019

As a central Indiana resident and chairman of the board of Indiana Trails, I am appalled to learn there were no satisfactory bids to do a complete job of removing the Nickel Plate Railroad tracks, ties and rail spikes, and then rebuild the railroad crossings impacted. Yet, the Hoosier Heritage Port Authority still voted to move forward.

Overhaul proposed for decades-old Medicare fraud rules

October 9, 2019 | Associated Press

The regulations are now seen as an obstacle to progress because Medicare has put a premium on coordination among care providers. The complex requirements of the original rules can have a chilling effect on hospitals and doctors working together, officials say.

Managers planning changes after winning city golf course contracts

October 9, 2019 | Mickey Shuey

Changes are in the works for several city-owned golf courses, after the Indianapolis Parks Department agreed to new, 10-year management contracts that are awaiting approval from the City-County Council.

UPDATE: Marion County reschedules canceled tax sale for early 2020

October 10, 2019 | Mickey Shuey

The sale was scheduled to take place Thursday and Friday but a clerical error forced the Treasurer’s Office to cancel the event. Nearly 1,200 parcels with minimum bids totaling some $6 million were to be auctioned and will now be available at the rescheduled sale in February—unless the owners pay their delinquent taxes.

McDonald’s CEO pushed out after relationship with employee

November 3, 2019 | Associated Press

The fast food giant said former president and CEO Steve Easterbrook demonstrated poor judgment, and that McDonald’s forbids managers from having romantic relationships with subordinates.

Rolls-Royce embroiled in lawsuit over military contract

November 15, 2019 | Susan Orr

The company says the nearly $50 million it’s spent developing technology for new laser weaponry over the past decade is now threatened because of a dispute with a fellow military contractor.

IU says professor’s views are racist, sexist and homophobic—but it can’t fire him

November 21, 2019 | The Washington Post

The brouhaha erupted after tenured business professor Eric Rasmusen tweeted an article that states women are too emotional for academia.

Fishers lawmaker emerges as possible successor to House Speaker Bosma

November 22, 2019 | Lindsey Erdody

Indiana House Speaker Brian Bosma announced Tuesday that he will retire from his position at the end of the 2020 legislative session after serving his 12th year as speaker and 34th year in the Indiana General Assembly. He is the longest-serving speaker in state history.

Timeline: Ambrose and the GM stamping plant site

November 22, 2019

Hopes were high nearly 2-1/2 years ago, when Ambrose was selected to redevelop the GM stamping plant site. But the deal has since fallen apart. Here’s the play by play.

UPDATE: Celadon ceasing operations, eliminating nearly 4,000 jobs

December 9, 2019 | Greg Andrews and Susan Orr

CEO Paul Svindland said challenges in the trucking industry, along with fallout from what prosecutors allege was a massive accounting fraud engineered by prior management, proved impossible to overcome.

Celadon shutdown to create shipping headaches for Fortune 500 firms

December 9, 2019 | Greg Andrews

The company moved goods for many well-known companies, including Alcoa, General Electric, John Deere, Philip Morris, Procter & Gamble, Target and Walmart.

2019 YEAR IN REVIEW: Celadon abruptly shuts down, wiping out nearly 4,000 jobs

December 27, 2019 | Susan Orr and Greg Andrews

The December announcement brought to a bitter close one of central Indiana’s great entrepreneurial success stories. Stephen Russell, the son of a New York City taxi driver, launched the business with a single truck in 1985 and grow it into the largest provider of international truckload services in North America, with more than 150,000 annual border crossings between the United States, Canada and Mexico.

2019 YEAR IN REVIEW: ClearObject, Doxly, Synovia among year’s big tech acquisitions

December 27, 2019 | Anthony Schoettle

In one of the year’s highest-profile tech deals, two out-of-state private equity firms took a majority stake in Fishers-based tech company ClearObject, which for years has ranked among the fastest-growing firms in the Indianapolis area.

IU testing license plate cameras for parking in Bloomington

December 30, 2019 | Associated Press

Parking officials will consider issue such as how to track whether more than one vehicle registered to a permit are on campus at the same time and how to account for multiple people sharing a permit.

Tennessee company seeks to buy 20-acre Celadon site

January 10, 2020 | Susan Orr

If other bidders emerge for the property, an auction will be held Jan. 22 at the New York City office of Celadon’s bankruptcy counsel, DLA Piper LLP.

CIB approves $62 million in contracts for Fieldhouse overhaul

January 17, 2020 | Mickey Shuey

The board approved eight bids—mostly to local firms—for the first and second phases of the $360 million project.

U.S. House passes bill easing bids by workers to form unions

February 6, 2020 | Associated Press

Democrats said the bill would help reverse a decades-long trend of declining union membership. Republicans dismissed the bill as a “political gift to union bosses” that would diminish the rights of workers and employers alike while harming the economy.

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