Indianapolis Business Journal

MARCH 17-23, 2023

The kind of train derailment that forced a mass evacuation in East Palestine, Ohio, is rare, but every city and town with freight tracks running through it must consider the possibility. In Indianapolis, derailment of a train carrying hazardous chemicals downtown would be a massive emergency affecting tens of thousands of people and the city’s economy, Mickey Shuey reports. Also in this week’s issue, Peter Blanchard explores findings that marginalized populations in the Indianapolis area have been enjoying a bigger share of economic gains. And Susan Orr reports that Steak n Shake has shaken a prolonged slump and returned to profitability as it focuses on self-service ordering.

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Steak n Shake rebounds with self-service push

Indianapolis-based Steak n Shake has spent $50 million to eliminate table service at its restaurants in favor of self-service ordering—an investment the company says has allowed it to regain profitability after three straight years of losses.

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Indiana 250: Gail Boudreaux

Gail Boudreaux is president and CEO of Elevance Health. Before joining Elevance (formerly known as Anthem Inc.), she spent six years as CEO of United Healthcare. She was named one of Fortune Magazine’s Most Powerful Women in Business and was featured by Forbes as one of the 100 Most Powerful Women in the World. Additionally, […]

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Made in Indiana: Tomato products by Red Gold Inc.

History: In 1942, Grover C. Hutcherson and his daughter, Fran, decided to support the war effort by canning tomatoes for troops at home and abroad. They purchased and rebuilt an abandoned cannery building in Orestes that had been destroyed three times by fires and a tornado. With Orestes Canning off and running, the father and […]

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