Circle Centre ownership largely the same after 27 years
The disclosure of the group’s composition is the first since the mall opened in 1995, and comes about one week after Circle Centre Development acknowledged Simon Property Group’s exit.
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Cage-free chicken campaign scores surprising success
Without much fuss and even less public attention, the nation’s egg producers are in the midst of a multibillion-dollar shift to cage-free eggs that is dramatically changing the lives of millions of hens in response to new laws and demands from restaurant chains.
McGuinness stepping down as chief of Indiana Department of Transportation
Mike Smith, deputy commissioner and chief financial officer for INDOT, will succeed Joe McGuinness.
Lilly to supply 600K doses of new COVID-19 antibody to U.S., if OK’d by FDA
The deal calls for the federal government to pay Eli Lilly and Co. more than $720 million for the antibody, which the company said is effective against all COVID-19 variants.
Antron Brown faces new NHRA challenge as team owner
The three-time Top Fuel champion is paying bills and getting acclimated to a life he’s only dreamed about until now—being a full-fledged NHRA owner.
Supply chain issues have hotels scrambling to please travelers
Shortages of materials and labor are making it difficult for hotel operators to deliver the experience many guests have come to expect.
Laikin’s Indy-based Novus Capital II closes merger with California energy-storage firm
Novus Capital Corp. II announced in September it would merge with Energy Vault in a deal that would take the 4-year-old company public. The transaction gives Energy Vault an immediate cash infusion of $355 million.
AES Indiana power plant breaks down again; repair date unknown
The Eagle Valley power plant in Martinsville is one of three generating stations that provides electricity for about 500,000 AES Indiana customers in central Indiana.
Senate passes bill to end forced arbitration in sexual assault, harassment cases
The bill would nullify agreements between employees and their employers in which the employees waive their rights to sue in the case of sexual assault or harassment.
Biden puts focus on drug prices as he tries to revive agenda
Efforts to lower prescription drug costs have long been popular with voters, but bipartisan consensus has proved elusive. It’s unclear if there’s a political path forward for Biden’s plans in Congress.
Jobless claims fall for third straight week
The four-week average for claims, which compensates for weekly volatility, declined by 2,000, to 253,250, after rising for five straight weeks as the omicron variant of the coronavirus spread, disrupting business in many parts of the U.S.
U.S. inflation jumped 7.5% over past year, a 40-year high
The acceleration of prices ranged across the economy, from food and furniture to apartment rents, airline fares and electricity.
Fifth Third Bank puts its name on box offices at the Center for the Performing Arts
For at least the next five years, Fifth Third Bank will be naming-rights sponsor of box offices at Carmel’s Center for the Performing Arts.
Stout’s Shoes plans Carmel comeback in The Signature development
The long-running footwear store will own space below the residential condominiums at the Old Meridian Street location and lease some of it to other retailers.
Cycling legend Major Taylor’s bike returning to Indianapolis for exhibition
The California-based U.S. Bicycling Hall of Fame announced Wednesday that it was loaning the bike to the Indiana State Museum for an exhibit opening in March.
Agencies: Avian flu found in birds at Indiana turkey farm
State officials have quarantined the farm, and its 29,000 turkeys are being euthanized to prevent the spread of the disease, said a spokeswoman for the Indiana State Board of Animal Health.
COVID-19 truck blockade in Canada leads to auto plant shutdowns
The blocked bridge carries 25% of all trade between the two countries, and Canadian authorities expressed increasing worry about the economic effects.
Elements CEO stepping down after 17 years leading credit union
Lisa Schlehuber has served as CEO of Indianapolis-based Elements Financial since 2005. She’ll retire from the role in April, the credit union announced Wednesday.
Indianapolis delays suit against apartment owner, citing interested buyer
The city had been poised to file suit against the owner of troubled Nora-area apartment complex Lakeside Pointe, but is delaying legal action in hopes of a change in ownership.