Carmel tentatively approves $39 million in project bonds
Proceeds would pay for garages and public infrastructure to serve Franciscan Health’s new orthopedic hospital and several mixed-use developments.
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Target jumps into holiday season with third-quarter earnings bang
Third quarter online sales rose 31% for Target in the third quarter. And customer traffic to its stores and website rose 3.1%.
Colts plan to hike prices for some season tickets, lower others
The average season-ticket price for 2020 will rise 2.9 percent, according to the Indianapolis Colts, but about two-thirds of the tickets will be priced the same or less.
Eli Lilly to spend $400M on manufacturing expansion in Indy, add 100 jobs
The pharmaceutical giant says it needs additional manufacturing capacity to keep up with demand for current medicines and new drugs expected to emerge from its pipeline.
Local apparel maker Motionwear shutting down, terminating 146 workers
Founded in 1987, Motionwear manufactures dance and cheer outfits, gymnastics apparel and other girls’ activewear at two facilities on the south side of Indianapolis.
Initial design unveiled for new $20M Broad Ripple Park family center
The project—part of a $70 million master plan for the park approved last year—is expected to feature a 40,000-square-foot building in place of the existing park center.
ANGI Homeservices closing HomeAdvisor customer service center
ANGI Homeservices Inc., the parent of Indianapolis-based Angie’s List, announced plans Tuesday to close HomeAdvisor’s customer service center in Colorado Springs by year’s end and lay off all 229 employees.
GateHouse, Gannett join, become largest U.S. newspaper chain
Executives of the combined company, which will keep the Gannett name, acknowledged there will be layoffs—the company has committed to cutting $300 million in annual costs.
AMA calls for total ban on all e-cigarette, vaping products
The group adopted the sweeping stance at a policy-making meeting in San Diego. It aims to lobby for state and federal laws, regulations or legal action to achieve a ban, but the industry is sure to fight back.
City-County Council panel advances pay-hike proposal for members
Members of the Indianapolis City-County Council’s Rules and Public Policy Committee voted along party lines Tuesday to approve a 110% pay increase for council members.
House Speaker Brian Bosma to retire from Legislature at end of 2020 session
Bosma made the announcement during Organization Day, the ceremonial start of the 2020 session. He told lawmakers he will take over as the national chairman of the Republican Legislative Campaign Committee.
Lawsuit filed by Ambrose alleges city tried to take stamping plant land for Infosys campus
The company said in its 28-page complaint that Mayor Joe Hogsett’s administration had threatened to take the site through eminent domain in 2017—two years before it’s latest threat to use the legal maneuver to buy the land. That led Ambrose to add a clause to its project agreement with the city meant to prohibit the Hogsett administration from pursuing eminent domain in the future.
Indiana unemployment rate holds steady at 3.2%
The state saw job losses last month in the manufacturing sector, but the overall unemployment rate is still lower than in Indiana’s four neighboring states and across the U.S. as a whole.
Thousands of teachers gather for Red for Ed rally at Indiana Statehouse
Teachers say they are rallying for better working conditions, higher pay, increased funding for public school classrooms, less emphasis on standardized testing and more respect.
U.S. failing to stop China from stealing research, report says
The problem is especially urgent, says a congressional report, because billions of dollars in taxpayer-funded research have “contributed to China’s global rise over the last 20 years” and to its goal of being a world leader in science and technology by 2050.
Youth leadership group lands $11.6M grant from Lilly Endowment
The Indianapolis-based Center for Leadership Development, which promotes personal development and educational attainment for minority youth, said the grant announced Tuesday morning is expected to be “transformational.”
Former Marsh store could become apartment building
The bankruptcy of Marsh has forced developers throughout central Indiana to find creative reuses for the former supermarket spaces. In Martinsville, plans are being finalized to transform a Marsh husk into a two-level apartment project as part of a $3 million redevelopment.
IU Health earmarks $100M for new fund to address issues that lead to poor health
The Indianapolis-based health system said it has chosen four programs for the first round of grants after reviewing 47 proposals over a wide spectrum of needs.
Indiana lawmakers signal openness to some—but not all—teacher demands before rally
The thousands of teachers descending on the state capitol Tuesday face an uphill battle when it comes to getting elected officials to raise their salaries. But top lawmakers appear open to changes on other issues.
Carmel city council delays decision on parade seat-saving issue
Carmel’s City Council members decided Monday to rework a proposed compromise between early-bird parade enthusiasts and businesses that are tired of dealing with the unintended impacts of their clutter.