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.
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.
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.
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.
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.
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.
Winona PVD Coatings, which announced an expansion in 2016, has notified state officials it expects to permanently close both of its Warsaw sites.
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.
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.
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.
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.
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.
The International Marketplace Coalition has purchased a former Value City Furniture location on Lafayette Road to serve as a focal point for the district, which includes more than 100 restaurants.
Florida-based Metro Diner closed its Butler location in March. Butler says the lease is still in effect and it’s suing for unpaid rent. Metro has four other Indianapolis-area locations that remain open.
Presidential candidate Elizabeth Warren’s plan is built on transferring to the government 98% of the $8.8 trillion she estimates that employers will spend on private insurance for their employees.
Twelve of 18 manufacturing industries contracted in October, led by primary metals, clothing and textile mills.
Seven in 10 Americans prefer not to switch back and forth to mark daylight saving time, a new poll shows. But there’s little agreement on which time clocks ought to follow.
The 16 Tech Community Investment Fund is seeded with $3 million and plans to issue up to $1 million in grants in 2020.
Faced with the shortest holiday shopping season since 2013, retailers are trying to figure out ways to get into the minds of shoppers sooner.
U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused several thousand workers to be temporarily counted as unemployed.
