EDITORIAL: Time to set aside the rancor
A democracy creates winners, but it’s up to those winners to govern wisely.
IBJ Staff
Articles
Oil executive Lucas on Trump’s short list for interior secretary
A southern Indiana native who founded California-based Lucas Oil Products Inc., the 74-year-old Forrest Lucas is known in his home state because of the 20-year naming rights deal for Lucas Oil Stadium.
Voters in two local districts approve funding measures
Voters in Washington Township in Marion County and in Westfield Washington Schools in Hamilton County on Tuesday approved referendums to increase school funding.
Carson one of two Democrats to win their congressional races
U.S. Rep. Andre Carson, D-Indianapolis, was one of just two Democrats from Indiana to win their congressional races Tuesday night, landing an easy victory in District 7.
HHGregg posts steep quarterly loss on falling sales
The Indianapolis-based appliance and electronics retailer suffered another money-losing quarter, though its strategy to focus more on appliances is making headway.
Steak n Shake rebounds to post small same-store sales increase
Sales at established Steak n Shake restaurants rose slightly in the latest quarter following disappointing results last period that snapped a streak of 29 consecutive quarterly increases dating to 2009.
Subaru supplier investing $111M, adding 114 jobs in Madison County
Japan-based ELSA Corp., which already employs 350 workers in Elwood, is adding production lines to make fuel tanks, exhaust systems, air cleaners and air ducts for Subaru.
Stonegate quarterly results improve as revenue surges
Stonegate Mortgage Corp. on Thursday reported a third-quarter profit of $15.6 million in the third quarter after revenue jumped 159 percent from a year ago.
Baldwin & Lyons reports quarterly profit on record premiums
The Carmel-based property and casualty insurance underwriter reported higher revenue but less profit in the latest period.
PROXY CORNER: Celadon Group Inc.
Indianapolis-based Celadon Group Inc. is one of North America’s largest trucking companies. It also offers related services, including warehousing, logistics and tractor leasing.
Airport Holiday Inn wins newcomer award
The Holiday Inn Indianapolis Airport in October received the InterContinental Hotels Group 2016 Newcomer Award as one of the best properties to join the IHG system within the last year as either a new development or a conversion property. The Holiday Inn Indianapolis Airport is one of 22 recognized for its overall quality from the […]
Hotel room bookings decline
Visit Indy expects to have booked nearly 800,000 hotel rooms in 2016. (Photo courtesy of Visit Indy) Visit Indy isn’t going to set a record this year for the number of hotel rooms booked into the future like it did in 2014 and 2015. But the local hotel business is doing just fine, said Visit […]
Cabinet company investing $5M in new downtown design studio, plans to hire 200
CliqStudios, the nation’s largest online retailer of semi-custom kitchens, said the studio will employ designers who will work with homeowners nationwide to plan and design construction or remodeling projects.
IU experts predict another lackluster year for economy in 2017
Indiana University Kelley School of Business economists expect economic growth nationally next year to average only slightly above 2 percent. But that might be optimistic, they added.
Fire-protection firm on near-east side plans to hire 137
Team 360 Services has expanded rapidly since starting in 2005 as a cleaner of restaurant exhaust systems. It now provides a range of fire-protection and building services and employs 300 nationally.
Franciscan to build $50 million medical complex, micro-hospital in Johnson County
Franciscan Health said the complex at U.S. 135 and Stones Crossing Road will serve a rapidly growing part of Johnson County. It will be about 12 miles from its hospitals in Indianapolis and Mooresville.
TriMedx plans $21.5 million expansion, 108 jobs
TriMedx, a provider of health care technology management services, said it would invest the money in its 78,000-square-foot corporate headquarters near West 71st Street and Zionsville Road and elsewhere in the state.
Founders of The Kitchen opening bistro on Mass Ave
The yet-to-be-named restaurant will occupy 5,500 square feet in Gershman Partners’ Marietta building under construction next to the Marott Center.
Buffalo Wild Wings-owned taco chain targets Indianapolis for expansion
Buffalo Wild Wings hopes to open 15 to 20 R Taco locations in the metropolitan area as soon as possible and is seeking franchisees with multi-restaurant experience to lead the growth.