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Eddie Merlot’s, an upscale steakhouse chain based in Fort Wayne, had signed a lease to move into the restaurant space in 2019, but those plans were ultimately derailed by the pandemic.
To nearly everyone’s surprise, employers in April added a comparatively paltry 266,000 jobs, down drastically from a gain of 770,000 in March, which itself was revised down from an initially much higher figure of 916,000.
A McCordsville man has been sentenced to nearly four years in federal prison after using multiple—and often elaborate—fraud schemes to steal more than $750,000 from his Carmel-based employer.
The figures suggest that as the economy rapidly reopens, businesses are already providing higher pay and benefits to pull workers back into the job market.
The Restaurant Revitalization Fund will provide up to $10 million per recipient to qualifying restaurants, bars, food trucks, caterers, and other eligible recipients based on their pandemic-related revenue losses.
Poag Shopping Centers earlier this month squared away its financial dispute over The Shops at Perry Crossing, allowing the firm to take back the keys to the property.
More than half of U.S. consumers plan to buy clothing in the coming months, catapulting it back to the top category of anticipated spending, followed by footwear and beauty products.
The federal grant program, part of a larger pandemic relief effort, officially launched April 8, but its application portal crashed within hours because of technical problems. The portal is set to reopen Saturday.
Indianapolis-based KennMar LLC acquired the former Caribbean Cove water resort property on the city’s north side and another Drury hotel site at Interstate 465 and West 71st Street.
The Indiana Hospitality & Entertainment Grant program is intended to help those businesses “largely excluded from other government assistance programs,” the state said.
