Student: CVS workers rejected Puerto Rico ID, asked for visa
CVS apologized and said it was investigating after a Purdue University engineering student was denied the purchase of over-the-counter cold medicine.
Latest News
Articles
Major stock indexes climb to record highs
The Dow Jones industrial average returned to a record on Monday, joining other market gauges at all-time highs, as the stock market’s rally carried into a fifth week.
Tech academy Kenzie secures $100M for student tuition financing
Indianapolis-based Kenzie Academy said the financing will help it offer programs across the country. The financing is backed by San Francisco-based Community Investment Management, an institutional impact investment manager.
Mike Lopresti: Emotion mixes with excitement as iconic track changes hands
Once the Hulman-George clan decided it was time to sell the family keepsake, could you think of anyone better? Anyone at all? Roger Penske has the magic name and the money and the expertise and credibility and the track record—both on and off the track.
Flat12 Bierwerks changing its name under new ownership
The branding change comes 11 months after the 7-year-old brewery was acquired by Indianapolis-based Books & Brews.
Fraudster Tim Durham wins hearing on whether lawyer’s $1M fee created conflict
Fair Finance fraud felon Tim Durham will get a chance to grill his former trial attorney and call more than a dozen witnesses during an evidentiary hearing into whether he received proper representation before he was sentenced to 50 years in federal prison.
Penske says Formula One, 24-hour race could be in IMS future, but management change is not
Roger Penske—whose Penske Corp. is buying Hulman & Co. and its racing operations—said he’d also like to bring a third car manufacturer to IndyCar and maintain IMS’s relationship with NASCAR.
Triumph motorcycle dealership to open on Sun King’s downtown campus
The brewery and dealership are hoping they’ll benefit from each other’s main customer bases.
Penske’s deal to acquire Indianapolis Motor Speedway, IndyCar draws landslide of praise
A deal that will make Penske Corp. the owner of Indianapolis Motor Speedway and the IndyCar Series received overwhelmingly positive reactions from motorsports insiders on Monday morning.
Penske acquiring IMS, IndyCar, one year after Hulman matriarch’s death
Hulman & Co. Chairman Tony George—the son of Mari Hulman George—and CEO Mark Miles have scheduled an 11 a.m. press conference with Penske Chairman Roger Penske at the Indianapolis Motor Speedway.
IBJ Podcast: Pete the Planner on the five deadly sins of money management
This week, Peter “Pete the Planner” Dunn and host Mason King talk about spotting the emotions like envy, fear and shame that can lead to poor financial decision making.
Steak n Shake slows closures, continues to lose money
Indianapolis-based Steak n Shake drastically slowed the pace of “temporary” restaurant closures in the third quarter, but showed little progress in its plan to turn company-owned eateries into franchises.
McDonald’s CEO pushed out after relationship with employee
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.
Indiana GOP aiming to take some mayoral offices from Democrats
The outcome of Tuesday’s local elections will also decide whether a new casino can be built in Terre Haute and the fate of several school district construction and security improvement proposals.
Surprise closure to cost 100 manufacturing jobs
Winona PVD Coatings, which announced an expansion in 2016, has notified state officials it expects to permanently close both of its Warsaw sites.
Hogsett & Merritt talk neighborhoods, poverty, crime and more
IBJ talked with incumbent Democrat Joe Hogsett and his Republican challenger, Jim Merritt, about why they’re running for mayor, what they’ve learned about themselves in the process and how they’ll tackle crime, neighborhood development, crime and more.
Condos are in the works for Carmel’s central core
City officials have long sought to diversify housing options by introducing for-sale condominiums and town houses into a market saturated by hundreds of high-end apartments.
St. Vincent faces expensive growth options
The hospital system’s 45-year-old campus will likely need hundreds of millions of dollars in upgrades in coming years to keep it competitive long term.
Program to spur growth is not limited to poor communities
The area that includes the Fletcher Place neighborhood and the southeast corner of downtown is one of the hottest parts of Indianapolis, yet it’s included in a federal program designed to spur investments in poor neighborhoods.
Light, video show on Circle to pay patriotic tribute nightly
The curtain is set to be raised on a nightly five-minute patriotic light and sound presentation that local officials say will cast Monument Circle in a whole new hue and could draw tens of thousands of people annually to the iconic landmark.