Articles

More students return to college, but not as many as the state hoped

The state’s “You can. Go back.” campaign aims to shore up the number of Hoosier adults with either a college degree or a high-quality training certificate. In 2015, the commission set a lofty goal for the campaign: It wanted to see 200,000 adults with some post-secondary education go back to school and earn a degree by 2020.

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Appeals court strips judgment for Emmis, rules for insurer

A federal appeals court has reversed a breach-of-contract ruling for Indianapolis-based media company Emmis Communications Corp. arising from a shareholder dispute. Emmis had sought more than $4 million in legal fees that its insurer refused to cover.

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Emmis makes deal to sell two New York stations, form new public company

Emmis Communications said it is selling two of its three New York City radio stations to investment firm Standard General. In return, Emmis will receive $91.5 million in cash plus a significant share of a new public company that will own the two stations. Emmis stock soared after the deal was announced.

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Emmis giving up on NextRadio after years of losses

Emmis Communications spent nearly a decade and tens of millions of dollars trying to put together an industry-wide effort to make cell phones act like smart portable radios. In the end, CEO Jeff Smulyan said he couldn’t continue to “fund R&D for the entire industry.”

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