The Columbus-based manufacturer is bullish on hydrogen’s possibilities to power everything from buses, trains and trucks to industrial equipment.
The sports bar and restaurant discontinued dine-in service on Oct. 30 because of the rise in COVID-19 cases. It announced Sunday that it had decided to close “until further notice.”
Eateries are digging deep and thinking creatively to try to hang on. IBJ looks at the strategies employed by Beholder, Shapiro’s Delicatessen, Gomez BBQ and Azzip Pizza.
Owner Tom Main, 63, said he contacted a broker to put the business on the market. The asking price is $1.2 million, which includes both the business and the 900-square-foot building it occupies in Herron-Morton Place.
The North Split project, which was first announced in 2017, will reconfigure the Interstate 65/Interstate 70 interchange on the northeast side of downtown.
The transit system has raised just 1% or so of the private funding called for by a state law that helped fund a major expansion of the system.
Jeff Korzenik, chief investment strategist at Fifth Third Bank, said Thursday that homeowners and businesses have become more interested in locating in suburbs and mid-sized cities—a trend that could benefit the Indianapolis area.
Thieves is the brainchild of a Fishers couple who decided to open a bar after losing their jobs during the pandemic. Also this week: Snakeroot Botanicals, Rise n Roll Bakery, The Jazz Kitchen, The Smoke Pit and more.
Simon Property Group, which is expected to acquire J.C. Penney out of bankruptcy with partners in an agreement approved Monday, reported third-quarter results that fell short of Wall Street expectations.
Muncie-based First Merchants plans to acquire Hoosier Trust for $3.2 million in a deal that is expected to close early next year.
Magnolia Boutique—known for its bohemian style built around casual, trendy clothing, shoes and accessories—is an online-only business on track to hit $10.5 million in sales this year, up from $7.9 million in 2019.
High levels of uncertainty, along with other pandemic-related factors, have pushed U.S. commercial bank deposits to record highs since the beginning of the year.
The 92,000-square-foot facility, which will handle last-mile delivery for bulky items like grills and patio furniture, is part of the retailer’s $1.7 billion investment in its distribution network.
The Indianapolis-based company, which makes specialty hydrocarbon and fuels products, said it is seeing business conditions improve compared with earlier months of the pandemic.
Carmel-based CNO Financial Group Inc. saw a sharp increase in profit during the third quarter, partly because its customers deferred seeking medical care and, as a result, submitted fewer health insurance claims.
The retailer has 358 stores, including four in Indianapolis, two in Carmel and one each in Brownsburg, Greenwood, Shelbyville and Zionsville.
The one-semester program, which includes both on-the-road driver training and academic instruction, is set to begin in January at Ivy Tech campuses in Indianapolis, Lafayette, Fort Wayne, Evansville and Lawrenceburg.
Owner Catello Avagnale, who moved to the area from his native Italy in 2014, will operate both a restaurant and a market in an 8,400-square-foot space in the Clearwater Springs shopping center on East 82nd Street.