Simon purchases Italian outlet malls from Gucci’s parent company
Indianapolis-based Simon is the new owner of two Italian luxury outlet malls where the roster of shops includes Armani, Balenciaga, Gucci and Versace.
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Elevate Ventures introduces host committee for 2025 Rally conference
Elevate Ventures, the creator of the annual Rally innovation conference, says now that the event is in its third year the time was right to launch a host committee that will oversee event planning.
IPS board takes stand against bills that threaten district’s survival
House Bill 1136, the most extreme bill facing the district, would dissolve IPS and its elected school board and replace it with charter schools overseen by an appointed board.
FDA approves non-opioid painkiller Journavx
The painkiller is the first novel pain drug to win government authorization in more than 20 years.
Deadliest U.S. air disaster in almost a quarter-century kills 67
Wednesday’s crash in Washington, D.C., was the deadliest in the U.S. since Nov. 12, 2001.
Downtown hotels nearly sold out ahead of Royal Rumble
Only a few hotel rooms are still available ahead of Saturday’s World Wrestling Entertainment event at Lucas Oil Stadium and those are listed at steep prices.
Downtown YMCA location to close in March
The organization’s CEO wrote in an email to members that the decision was made to balance the organization’s long-term sustainability with member needs.
Caitlin Clark, Indiana Fever to play exhibition at Iowa
The preseason game will allow Clark to play as a pro with her current team at Carver-Hawkeye Arena, where she starred in college on her way to becoming the No. 1 overall pick in the WNBA.
City’s prelude to Royal Rumble includes murals, beats and laughs
The Indianapolis arts community is expressing excitement for the WWE’s Royal Rumble through murals, a comedy event and a hip-hop show.
UPDATE: Everyone aboard American Airlines jet that collided with Army helicopter feared dead
All takeoffs and landings from Ronald Reagan National Airport were halted as helicopters from law enforcement agencies across the region flew over the scene in search of survivors.
Downtown Homewood Suites hotel sold for $18.7M, renovations planned
The purchase marks the first downtown hotel property for MHG, which has nearly 20 other properties in central Indiana, Missouri and Florida, and nine other projects in its development pipeline.
Bill to bring back A-F grades for Indiana schools passes committee
School grades have been effectively suspended since 2018, when Indiana shifted from ISTEP to a new state standardized test and later grappled with the COVID-19 pandemic.
U.S. economy grew solid 2.3% during 4th quarter
Consumer spending grew at a 4.2% pace, fastest since January-March 2023. But business investment tumbled.
OrthoIndy promotes Lavery to president
Dr. Matthew Lavery has been promoted to president at the Indianapolis-based orthopedic practice, succeeding the retiring Dr. Edward Hellman.
Westfield sees potential for business with South Korean companies, starting with hotel
Westfield officials hope a proposed $50 million hotel by South Korean-based Lotte Hotels & Resorts could provide an opening for more business with the country. City officials are planning an economic development trip to Asia in March to explore the possibilities.
Teriyaki Madness restaurant chain returning to Indianapolis market
Teriyaki Madness is expected to open in the Claybrooke Commons retail center on South Emerson Avenue, where fellow tenants include Bibibop Asian Grill and Mochinut.
Indiana’s 24,000 federal employees among those offered buyouts
Workers in Indiana were among the millions of federal employees who on Tuesday received a memo offering the option to resign while still receiving pay through September.
State regulators OK electricity rate hike for Duke Energy
The Indiana Utility Regulatory Commission, or IURC, gave approval for an increase of $395.7 million a year for rates and charges, down from the $491.5 million hike requested by Duke—a decrease of 19.5%.
Indiana casino relocation nixed without a vote
A bill to move a casino license from Rising Sun to New Haven was pulled by the chairman of the Public Policy Committee.
Gov. Mike Braun doubles down on campaign promises in first State of the State address
On Wednesday, most of the Indiana Black Legislative Caucus boycotted the event, instead opting to host their own rally.
