Indianapolis Business Journal

MAY 18-24, 2018

Kroger is seeking to sublease four former Marsh stores in central Indiana—a move fueling speculation that Kroger acquired control of at least some of the locations with no intent of operating stores. Scott Olson checks in on what has happened with the 18 Indianapolis-area Marsh locations that went up for auction. Also in this week’s issue, John Russell delves into why Anthem’s plans to set up a pharmacy-benefits unit have gotten off to such a rocky start. And in Explore, Lou Harry profiles some of the best places to dine al fresco this summer.

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Unemployment hits a low. Then comes the recession.

Whatever one might think about the U.S. political situation, it’s hard to deny that the economy is doing just fine. In April, the unemployment rate dropped to 3.9 percent, a 17-year low. At this point, there’s a job opening for every unemployed person in the country. Not bad. In the spirit of seeing the glass as […]

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Huntington bests other large banks in satisfaction survey

Huntington scored 847 out of a possible 1,000 points in the J.D. Power survey; the regional average was 821 points. (IBJ photo/Lesley Weidenbener) Among large banks with an Indianapolis presence, The Huntington National Bank scored highest in J.D. Power’s 13 annual U.S. Retail Banking Satisfaction Study. Huntington scored 847 out of a possible 1,000 points, […]

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Back-office costs not too high, not that low

It costs $10.9 million a year to run a financial services back office in Indianapolis—a mid-pack figure among 40 top U.S. and foreign cities, a new study says. The study by New Jersey-based site selection firm The Boyd Co. Inc. lists San Francisco as the most expensive; a corporate back office there would cost $13.6 million annually. […]

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Bank names market leader

Pipes Bank of America has appointed Karen Pipes as its Indianapolis market manager. Pipes will handle community partnerships and be responsible for developing and executing a market plan. She began her financial-services career with JPMorgan Chase in 2005, where she held a variety of roles. Before that, she worked in the business, government and not-for-profit […]

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Old National expands no-fee ATM access

Old National Bank customers can now use Allpoint Network ATM machines without paying a surcharge, the Evansville-based bank announced this month. Allpoint has more than 55,000 ATMs within retail locations across the United States, Mexico, United Kingdom and Australia. Allpoint is a subsidiary of Houston-based CardTronics LLC.•

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OpinionBack to Top

LETTER: Debate commission puts neutrality first

There is no way other TV stations would broadcast a debate in which a competitor would appear on their air as the moderator, even worse on a competitor’s set. And the commission wants each debate to reach as many Hoosiers as possible via many radio and TV stations and web streams.

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In BriefBack to Top

ExploreBack to Top