Simon joint venture to buy 300-store Eddie Bauer
The outdoor gear and apparel retailer is slated to join a growing stable of high-profile retail brands owned by Indianapolis-based Simon Property Group and its partner.
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Indy council ratifies COVID orders after Legislature nullifies them with veto override
The Democratic-majority council’s vote—which passed 19-5 along party lines—keeps a citywide mask mandate and restaurant capacity limits in place in Indianapolis.
Indy council approves $100k for immigrant legal aid fund
Republicans, who voted against the measure, argued the money would be better spent elsewhere, such as on mental health services.
Simon raises financial outlook for 2021 after solid first quarter
The Indianapolis-based mall operator said it’s seeing good early results from J.C. Penney, which Simon and a group of co-investors purchased out of bankruptcy in December.
Legislature overrides Holcomb’s veto of bill that weakens some local COVID restrictions
The GOP-dominated Legislature again defied Republican Gov. Eric Holcomb on Monday, overriding his veto of a bill that will undo some local health restrictions in Indianapolis and some other cities amid the COVID-19 pandemic.
After cyberattack, pipeline operator promises return by week’s end
The attack underscored the vulnerabilities of the nation’s energy sector and other critical industries whose infrastructure is largely privately owned.
Amazon blocked 10 billion listings in counterfeit crackdown
The e-commerce giant said Monday that it blocked more than 10 billion suspected phony listings last year before any of their offerings could be sold.
Treasury to start paying out $350B in state, local aid
The funding could provide a jolt of growth after the unemployment rate ticked up slightly to 6.1% in April, a sign of how difficult it can be to restart an economy despite an unprecedented degree of federal assistance.
Fired Cathedral teacher’s suit against archdiocese over same-sex marriage dismissed
The one-page order dismissed the wrongful termination lawsuit filed by a gay teacher against the Archdiocese of Indianapolis.
Punch Bowl Social to reopen downtown location next week
The 23,000-square-foot restaurant-and-entertainment venue, part of a Denver-based chain, has been closed since March 2020, eliminating 91 jobs.
State reports more than 600 new cases of COVID-19, 1 death
The state said more than 2.14 million Hoosiers had been fully vaccinated against COVID-19.
Symphony on the Prairie is set to return with initial limits on capacity
After canceling last season due the pandemic, the Indianapolis Symphony Orchestra and Conner Prairie announced Monday that the 2021 season of the popular outdoor concert series will begin June 25 with “Revolution: The Music of the Beatles.”
Lilly to start bringing back downtown employees June 1, requiring vaccinations at first
| Mickey Shuey and John Russell
The company plans to open its campus to all employees by July 12. The move comes as more companies continue to slowly reopen offices and navigate tricky territory with vaccinations.
Southwest adding nonstop Florida flights to Miami, Panama City Beach
The news of the new flights comes as the airline industry sees a rebound in passenger traffic from the pandemic, which decimated air travel last year.
Steak n Shake preps for self-service transformation
The Indianapolis-based chain, which previously announced plans to convert from table service service, now says it will cut costs further through “advanced self-service”
Ascension St. Vincent unveils three major projects on 86th Street campus worth $325M
The heavy investment in the campus—including a new women’s hospital and a brain and spine center—is the latest indication that Ascension St. Vincent is committed to the location, a major anchor along the busy West 86th Street corridor.
Local venture fund raises $20M to invest in diverse startups
Sixty8 Capital, an Indianapolis-based, seed-stage venture capital firm supporting Black, Latino, female and LGBTQ+ led startups, announced Monday the first close of its new $20 million venture fund. Sixty8Capital is launching the fund in partnership with Indianapolis-based Allos Ventures.
IBJ Podcast: Restaurants are getting busy again—but don’t have the staff to keep up
Host Mason King talks with two restauranteurs—Loughmiller’s Pub & Eatery co-owner Danny Scotten and Upland Brewing Co. President David Bower—about how the labor crunch is affecting their eateries and what they’re doing to try to find workers.
Cento Shoes’ co-owner dies at 50
Downtown Indy Inc. has launched a GoFundMe page to raise money to help the Cento family pay for a funeral “and other expenses to help sustain the Cento family business—a beloved and longtime staple of downtown Indianapolis.”
Masks could become seasonal after pandemic, Fauci says
The chief medical adviser to the White House said Sunday that it is “conceivable” that during seasonal periods where respiratory-borne viruses such as the flu are prevalent, people might decide in the next year or two to wear masks.