Business travel not rebounding as fast as airlines expected
Business travelers generally pay higher fares, so the absence of so many of them has an outsized impact on airline revenue and profit.
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Broad Ripple townhomes project along White River set to move ahead
The developer of Riverbank Townhouses—featuring units with listing prices beginning at $750,000—hopes the project will encourage more homeownership in the village.
IBJ Podcast: Indiana Fever’s president on team’s 5-31 season and strategy for rebuilding
Allison Barber shares her take on the 18-game losing streak, the franchise’s new rebuild strategy, her top priorities in the off-season and the challenges of leading an organization mired in a rough transition.
Indy-based financial wellness firm lands $3M in growth funding
Led by CEO Peter Dunn, also known as “Pete the Planner,” Your Money Line says it will use the funding to further develop its financial wellness software platform and more than double the size of its staff.
Summer drought conditions take hefty toll on American crops
It was a bad year for corn. And for tomatoes, hard red winter wheat, cotton, rice and several other crops.
CVS to buy home health-care provider Signify for $8B
The acquisition would continue CVS’ effort to grow from its pharmacy-chain roots to other sectors of the health industry.
17 states weigh adopting California’s electric car mandate
States with vehicle emission standards tied to rules established in California face weighty decisions on whether to follow that state’s new rules that require all new cars, pickups and SUVs to be electric or hydrogen powered by 2035.
Americans splurge on beauty, despite pullbacks elsewhere
One possible explanation for why beauty is thriving when consumers are more apprehensive about their spending is a long-held theory known as the “lipstick index,” which posits that lipstick sales rise during times of economic downturn.
Taft law firm expands Midwest presence with Detroit merger
The firm’s combination with Jaffe Raitt Heuer & Weiss P.C. will take effect Dec. 31 and grow Taft’s presence to 12 cities and about 800 attorneys.
Giant Eagle planning new Market District supermarket in Westfield
Pittsburgh-based Giant Eagle swooped into the Indianapolis market in October 2015 by opening a Market District supermarket in Carmel. It also owns more than 50 GetGo Cafe + Market stores in central Indiana.
What will the future look like for Indianapolis International Airport?
Airport leaders are in the early stages of charting the facility’s next 30-plus years, a future that might eventually usher in additional real estate developments, a third runway, more gates and unmanned aircraft operations.
Cecil Bohanon and John Horowitz: Biden’s student loan plan is just a Band-Aid
| Cecil Bohanon and John Horowitz
These loans are a significant reason tuition is increasing.
Metro mayors join push to change state’s funding formula for local roads
Indianapolis officials hope an alliance with other central Indiana leaders will finally persuade legislators to either alter the formula or find other ways to provide more infrastructure dollars to densely populated areas.
Developer: Proposed Indy Eleven stadium won’t need more state support
The Indy Eleven soccer team owner said he is confident his plans for a downtown stadium won’t hinge on asking for more state tax dollars than already promised, despite the project’s cost increases since the Legislature agreed three years ago to help fund it.
Pete the Planner: Forgiving student loans doesn’t solve the problem
I am interested in exploring how the main problem might get worse because of this forgiveness plan.
Mike Lopresti: Can Colts start on winning note?
It should be noted that one week in September can’t define a team (although 14 of the past 18 Super Bowl champions started 1-0, including the 2006 Colts).
Environmental group opposes wastewater plant
The Hoosier Environmental Council is now supporting the West Indianapolis Neighborhood Congress in its fight against the wastewater treatment facility the Ben Davis Conservancy District wants to build at 900 S. Tibbs Ave.
Editorial: This weekend’s events make Indiana a special place to live
City and state government and community leaders know that they must create communities that are attractive not only to companies but increasingly to workers.
Lesley Weidenbener: We’re listening; we’re focused on business
We decided that we will maintain our focus on business news—and on how crime and other breaking news affects business.
Sherry Aaholm: Let’s level the playing field with talent-based hiring
They are hard-working, smart and capable Hoosiers who, for myriad reasons, were not able to follow a textbook career path.