Hotel Carmichael exceeding financial expectations, could expand
Financial figures made public to the Carmel City Council show the luxury hotel has exceeded expectations for revenue and occupancy since its opening in 2020.
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Financial figures made public to the Carmel City Council show the luxury hotel has exceeded expectations for revenue and occupancy since its opening in 2020.
Memento co-owner Max Gavin told IBJ the bar at the First Internet Bank building at 8701 E. 116th St. closed due to a lease issue.
The move marks the largest expansion in federal overtime eligibility seen in decades. Critics said the regulation could saddle companies with new costs and add to persistent labor challenges.
The rule is set to take effect after 120 days, but business groups vowed to challenge it in court, arguing that the FTC greatly overstepped its authority and enacted a rule that will hurt companies.
The TikTok legislation was included as part of a larger $95 billion package that provides foreign aid to Ukraine and Israel. President Joe Biden said he will sign it Wednesday.
Sushi Boss will follow Green District and Au Bon Pain Cafe as the tenant at the southwest corner of Monument Circle and Meridian Street.
The company plans to develop at least 12 buildings totaling more than 1.6 million square feet. The project is expected to anchor the LEAP Research and Innovation District northwest of Lebanon.
The settlement covers more than 100 people who accused the FBI of grossly mishandling allegations of sexual assault against the former team doctor at Indianapolis-based USA Gymnastics.
Sources say the contract spans eight years and includes a signature shoe.
A spokesperson for The GOAT, or Greatest of All Taverns, said the Midtown business reopened March 21 and will hold a grand reopening event May 4.
Business executive and baseball analyst Alex “A-Rod” Rodriguez will be among the keynote speakers at this year’s Rally innovation conference in Indianapolis, organizers announced Tuesday.
New York City-based Sugar Factory opened in April 2022, replacing the Palomino restaurant that had occupied the space for 23 years. An eviction hearing is set for May 1.
The Legacy, which was designed for the American market, became the first Subaru manufactured in the United States when the Japanese company began production at its plant in Lafayette, Indiana, in 1989.
Ten concerts are scheduled at “USA Swimming Live,” a fan destination planned downtown on Georgia Street and part of South Meridian Street.
The Indianapolis-based NCAA fast-tracked rule changes to fall in line with a recent court order.
Five of the six Republicans hoping to be Indiana’s next governor are scheduled to meet Tuesday for their last pre-primary debate, but U.S. Sen. Mike Braun pulled out unexpectedly Monday evening.
Converse-based First Farmers Bank & Trust, which opened a loan production office in Carmel last year, now plans to operate a full-service branch in the city’s Arts & Design District.
The proposed 180-acre business park, which has been a priority for Westfield Mayor Scott Willis, received final approval Monday night after about four years of debate and negotiations.
Indianapolis-based NICO recently wrapped up a large clinical trial that tested the company’s minimally invasive tools and technology for brain surgery in patients with hemorrhagic stroke. Now it faces a major decision.
A consortium that includes Indianapolis-based Simon Property Group has offered a non-binding letter of intent to potentially purchase the majority of its stores and operations. Four Indiana stores are slated for closure, according to bankruptcy papers.