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Hotel toiletries maker Gilchrist & Soames said today it plans to spend $3 million to expand its Indianapolis headquarters and manufacturing operations, creating more than 40 jobs by 2014. The company, purchased by San Francisco-based private equity firm Swander Pace Capital for $51 million in 2007, supplies bath and body products to luxury hotels and […]

Radio giant Clear Channel Communications Inc. is expected to implement a massive restructuring plan tomorrow that aims to cut $400 million in company costs. San Antonio-based Clear Channel has about 50 employees in Indianapolis; the company owns local radio stations WFBQ-FM 94.7, WRZX-FM 103.3 and WNDE-AM 1260, and its Clear Channel Outdoor billboard arm also […]

Kroger Co. finally will begin work Tuesday on a new, 50,000-square-foot grocery store in Nora that met fierce opposition from the neighborhood’s community council. The $12 million project will replace six vacant buildings at 82nd and Evergreen streets on property the company will lease from local developer Sid Eskenazi. Cincinnati-based Kroger began discussions on the […]

Home sales increased last month in three central Indiana counties despite a 3-percent decline for the region as a whole. Marion, Johnson and Hancock counties had more sales in December than the same month in 2007, according to statistics compiled by F.C. Tucker Co. – for a total of 25 more deals. All told, 1,411 […]

Millions of people will crowd the National Mall in Washington tomorrow to watch Barack Obama be sworn in as the country’s first black president. Thousands of Hoosiers are expected to be in attendance, including Culver Academy’s Black Horse Troop, which will march in the inaugural parade, and Beech Grove residents Mike and Cheryl Fisher, who […]

Radio giant Clear Channel Communications Inc. is expected to implement a massive restructuring plan tomorrow that aims to cut $400 million in company costs. San Antonio-based Clear Channel has about 50 employees in Indianapolis; the company owns local radio stations WFBQ-FM 94.7, WRZX-FM 103.3 and WNDE-AM 1260, and its Clear Channel Outdoor billboard arm also […]

Today is Martin Luther King Jr. Day, and several local attractions are offering a number of ways to celebrate King’s legacy. Admission is free to the Children’s Museum of Indianapolis until 5 p.m. , and White River State Park attractions are giving free admission to visitors who bring a canned good donation for Gleaners Food […]

A Greenwood swim team member rescued her own coach from drowning Wednesday at Greenwood High School. Coach Chas Grimm passed out during an underwater swimming challenge between him and swim team members. Freshman Hannah Fuller says the coach was on his third lap when she saw him twist and float toward the surface. Fuller says […]

Cincinnati-based PDS Biotechnology Corp. will get $2 million from the state’s 21st Century Research and Technology Fund to move its headquarters and laboratory to Indiana. Founded in 2005, the “semi-virtual” company has four employees now; it anticipates ramping up operations over the next five years, eventually employing more than 50, CEO Frank Bedu-Addo said this […]