Equestrian exhibition center, high-end home development proposed in Westfield
Plans for the development include a 69-acre equestrian exhibition center and 25 or so custom home lots priced at $1.2 million and up.
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Former Merrill Lynch broker Buck ordered to pay $7.5M in damages to former client
Thomas Buck built a reputation as one of the state’s top financial advisers before being sentenced to prison for securities fraud in 2019.
Fed: Inflation, Ukraine biggest threats to financial system
The observations came in the Federal Reserve’s semiannual Financial Stability Report that looks at trends in trading and investing as well as broad economic issues.
Elanco reports solid quarter but global concerns lead to drop in share price
Several analysts said Elanco faces a bright future, implying that the market might be overreacting to the lowered revenue and profit guidance.
UPDATE: Pair linked to Jared Fogle child porn case get decades in prison
A divorced Indiana couple who shared sexually explicit photos and videos of children with former Subway pitchman Jared Fogle were sentenced Monday.
Wall Street’s losses worsen as markets tumble worldwide
U.S. stocks are tumbling toward their lowest point in more than a year as renewed worries about China’s economy pile on top of markets already battered by rising interest rates.
Fed’s Bostic says no need to move faster than half-point hikes
Fed officials raised interest rates by a half-point last week and Chairman Jerome Powell signaled they would continue at that pace at meetings in June and July to curb inflation.
Nursing home operator dropping eight Indiana locations, including Indy facility
A Warsaw-based nursing home operator plans to terminate its operating leases at eight Indiana locations—including one in Indianapolis—affecting nearly 700 employees.
Marketing deals trickle down from NCAA to high school sports
The contracts have begun to emerge at the high school level after the Indianapolis-based NCAA’s decision last year to allow college athletes to monetize their stardom.
Biden starts program to provide discounted internet service
With the new commitment from the internet providers, some 48 million households will be eligible for $30 monthly plans for 100 megabits per second, or higher speed, service.
IBJ Podcast: Pete The Planner on bouncing back from a big financial loss
Host Mason King talks with Pete the Planner about equating self-worth with financial worth, as well as steps to stabilize and buttress your finances if you’ve suffered a loss or are just behind in saving for retirement.
Formula One, fueled by Netflix and ESPN, revs up courtship of U.S. fans
In the view of Mark Miles, president and CEO of Penske Entertainment Corp., which owns the IndyCar series and Indianapolis Motor Speedway, F1’s American expansion is a boon for all forms of motorsports.
Average U.S. gasoline price jumps to near-record
The average price at the pump is $1.36 per gallon higher than it was one year ago.
Q&A: Restaurateur makes everything ‘just peachy’
Just months before the pandemic, Charity Elliott decided to launch her own restaurant, Just Peachy Cafe, in her hometown of Shelbyville. And with the help of her retired mom, husband Chad and sons Gavin and Garett, the restaurant has grown a loyal following in Indy’s southern suburbs.
Indiana secretary of state doubles post-vote audits
As election security continues to be a hotly debated topic, the secretary of state says this plan is another step toward assuring voters that the state’s election results are accurate.
Lilly’s new weight-loss drug is a ‘double wow’ and likely blockbuster
The pharmaceutical giant is turning heads with an experimental medicine it claims can help obese patients shed nearly a quarter of their body weight and manage diabetes.
Carmel, Westfield expand, build new libraries as demands for services change
The construction is happening at a time libraries play an increasingly wide-ranging role in the communities they serve.
Task force to examine building rules in effort to drop state’s housing costs
The 13-member body approved by the Legislature in March is tasked with addressing Indiana’s affordable housing shortage.
Indy Eleven among 18 businesses interested in owning or operating Grand Park
Also among the potential bidders was Ripken Baseball LLC, which operates youth baseball facilities throughout the United States, including the well-known Ripken Experience complex in Myrtle Beach, South Carolina.
MDC rejects rezoning effort for $40M residential project on city’s south side
The city’s Metropolitan Development Commission on Wednesday voted 6-0 against a recommendation for Homestead Development LLC’s rezoning request for 13.6 acres at 7525 McFarland Blvd. for more than 300 residential units.