KAR Global cuts 3,000 workers, could eliminate 2,000 more
In its second quarter, the Carmel-based company lost $32.3 million and saw year-over-year revenue plummet 42%, from $719.1 million to $419.0 million.
In its second quarter, the Carmel-based company lost $32.3 million and saw year-over-year revenue plummet 42%, from $719.1 million to $419.0 million.
Hinata, which opened July 31, promises to offer diners authentic Japanese cuisine. Also this week, Tina’s Traditional Tearoom, Colts Pro Shop, The Warehouse Sale.
The expansion will add 44 acres to the campus., extending it from 16th Street south to 12th Street and from Capitol Avenue west to I-65.
The Indiana Senate Democrats Committee, the campaign arm of the Indiana Senate Democratic Caucus, is expected to announce its “Flip List” on Tuesday morning, and four of the five races on the list cover parts of Marion County.
Tailored Brands, the owner of Men’s Wearhouse, Jos. A. Bank and K&G Fashion Superstore, has 11 total stores in the Indianapolis area.
But bankers say bricks-and-mortar branches are still important for a variety of reasons.
A third of planned downtown hotel rooms announced before the pandemic are now on hold.
The 4-year-old company uses proprietary software and legions of small farmers and gig drivers to create an Amazon-like system that delivers fresh produce, meats, dairy products and other local food.
The Plainfield business is bucking the trend of local dealerships getting scooped up by large national conglomerates.
The $32 million plan includes 160 apartments, more than 400 parking spaces, and 30,000 square feet of commercial space for retail or office uses.
The city will not subsidize construction of Kite’s two hotels on the site but will ask the City-County Council to authorize a $150 million bond to finance an addition to the Indiana Convention Center.
Sean Shelby will join Liberty Fund on Aug. 31, succeeding CEO and President Emilio Pacheco, who has led the organization since 2016.
Carmel-based MBX Biosciences Inc., co-founded by serial entrepreneur Richard DiMarchi, aims to develop therapeutics to treat rare endocrine disorders.
The loss in convention business due to COVID-19 is starving downtown restaurants of customers. And without great restaurants, Indy isn’t as attractive as a convention destination.
The Carmel-based insurer for years has been managing the fallout of a deal it cut in 2013 that was supposed to reduce risk but instead blew up in spectacular fashion.
The immigrant from Taiwan is deep in research and development for his new role as executive chef at Vivante, a French restaurant opening in Carmel’s luxurious Hotel Carmichael on Aug. 4.
The company excels by letting “our team members do what they’re great at and encouraging them to go for it,” said Andrew Toth, the chief financial officer for the mechanical, electrical, plumbing, building automation systems and service contractor.
The firm, which provides IT services for small and midsize companies, has been working more with businesses that are looking beyond fixing their infrastructure to figuring out how to maximize employee productivity and efficiency.
Some Indianapolis restaurants have asked the breweary to make proprietary beers for them—which they do—and Metazoa also cans three of its beers for sale in local grocery and liquor stores.
The Indiana Economic Development Corp. has offered JDA Worldwide and its newly created parent company, Prolific, up to $2.2 million in tax credits to support its expansion plans.