Trump blames Fed for holding back economic growth in 2018
In a broadcast interview, Trump said without the Fed’s rate hikes last year and moves to trim its bond holdings, the economy would have grown by more than 4 percent.
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Report: Great Lakes region warming faster than rest of U.S.
The trend likely will bring more extreme storms while also degrading water quality, worsening erosion and posing tougher challenges for farming, scientists reported Thursday.
Baker Hill’s new software fuels firm’s rapid growth
A year after the release of the fifth and final phase of its NextGen platform, Carmel-based financial software firm Baker Hill is experiencing significant growth, which CEO John M. Deignan says should continue for several years.
Bill would make it harder to change gender on Indiana IDs
Under the proposal, only the submission of a certified, amended birth certificate to the BMV could be used to complete a gender identity change on BMV-issued credentials.
Indianapolis officials go to market to sell $600M in bonds
Representatives from the city were in New York City on Thursday to entice investors to buy bonds to fund the new criminal justice center—a milestone in the giant public project.
‘Two-tier economy’: Report says prosperity in Indianapolis is increasing, but not for all
The data reflects the fact that there is a “missing middle in central Indiana’s economy,” due to the loss of manufacturing jobs.
Purdue’s Painter could earn big bonus bucks with deep NCAA run
The men’s basketball coach already has racked up more than $160,000 in bonuses, based on his team’s performance so far this season.
March madness tips off with college sports under microscope
The Indianapolis-based NCAA faces more pressure than ever to reform its model. Legal challenges, scandals and athlete activism are convincing the public that colleges are getting rich exploiting their players.
Trump says tariffs will stay until China complies with deal
The president’s comments dim hopes that round-the-clock trade negotiations between the world’s two biggest economies could lead to them removing the roughly $360 billion in tariffs they’ve imposed on each other’s imports.
Gershman, Citimark buy Gold Building, two adjacent properties
The deal includes the Gold Building and the office building at 251 E. Ohio St., both of which have struggled with low occupancy in recent years.
Newfields receives $10M grant to upgrade 100 Acres park
The grant from the Indianapolis-based Richard M. Fairbanks Foundation is designated to improve infrastructure such as bike paths and walking trails, add parking and bathrooms, and create an endowment for maintenance and new art commissions.
Cunningham Restaurant Group to open Rize restaurant at The Yard in Fishers
The second location of Rize will have twice the space as the original Rize at Ironworks Hotel in Indianapolis.
Lilly to introduce generic version of insulin at half off Humalog’s list price
The move comes at a time drug makers, especially those that make insulin, are facing withering criticism for raising prices.
IPS pushes back on plan to convert Howe, Manual into charter schools
The district does not support the charter recommendation and is requesting the state board of education delay its decision by a month.
WGU Indiana appoints new chancellor
Alison Bell succeeds Allison Barber, who had been chancellor of WGU Indiana from 2010 until May.
$50M HHGregg suit attacks insiders for accepting customer deposits to very end
The suit charges that accepting the deposits at a time HHGregg’s tailspin cast doubt on its ability to provide the merchandise saddled the company “with tens of millions of dollars in unwarranted and unnecessary liabilities and recklessly caused the permanent destruction of the company’s value as a going concern.”
Indy Eleven’s race to join Major League Soccer must clear many hurdles
Legislation passed by the Indiana Senate makes money for a soccer stadium available only if the city gains a Major League Soccer franchise—but that same legislation could make it more likely the MLS gives it a team.
Fans of late champion cyclist Major Taylor say it’s time for city to embrace icon
The African-American cyclist—who took the world by storm at the turn of the 20th century is finally receiving the national admiration he never garnered while alive.
Upgrades by city, Indiana Repertory Theatre boost future of iconic building
The Indiana Theatre building, which opened in 1927 as a movie palace topped with a ballroom, had been in need of TLC for years.
State legislator hopes to get traction for bills on I-65/I-70, light rail
One of the bills would restrict changes that could be made to the Interstate 65/Interstate 70 inner loop around downtown. Another would remove the ban on light-rail projects in Indianapolis.