Area homebuilders see 11th straight month of falling permits
Interest in new homes in central Indiana continued to slow dramatically last month, according to the latest statistics from the Builders Association of Greater Indianapolis.
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Congress expands protections for pregnant and nursing workers
Experts say the provisions will help close the gender wage gap and improve conditions for pregnant workers, especially in physically demanding jobs.
Southwest Airlines schedule returns to relative normalcy
The carrier, which had canceled thousands of flights every day this week after a winter storm last weekend, reported fewer than 40 cancellations early Friday. That was still more than United, American and Delta combined
Plymouth-based SIMBA Chain lands 20-year government contract
SIMBA Chain, which helps customers implement blockchain technology, recently became a preferred vendor for the federal government. This means the company can do business with any federal government agency and can more easily work with other government vendors on projects.
Performance Racing Industry revs up its political presence
One of Indianapolis’ largest annual trade shows is working to generate more money for its political action committee and pushing for legislation aimed at curbing environmental restrictions on converting street-legal vehicles to competitive race cars.
2022 Newsmaker: Ozdemir’s flurry of projects includes plans for downtown stadium district
Ersal Ozdemir—the real estate developer who brought professional soccer to Indianapolis—has married his two passions in a proposed $1 billion mixed-use project planned for the Diamond Chain manufacturing site downtown.
2022 Year in Review: KAR sells off physical auto auction business to Carvana
Carmel-based KAR Auction Services Inc., which has been working to transform itself into a digitally operated company, took a big step toward that goal when it sold its U.S. physical auto auction business to Tempe, Arizona-based Carvana for $2.2 billion in cash.
2022 Year in Review: A year of ups, downs and uncertainty
The stock market dropped in 2022. So did the unemployment rate. Except in Indiana, where in both cases, the numbers crept up.
2022 Year in Review: College Football title game brings dividends
Indianapolis played host to the 2022 College Football Playoff National Championship game on Jan. 10 at Lucas Oil Stadium, bringing more than $156 million to the city in the process.
2022 Year in Review: Cummins acquires Meritor in deal worth $3.7 billion
Meritor, which had 9,600 global employees pre-acquisition, is a leader in electric axle and brake technology.
2022 Year in Review: Prologis acquires Duke
The acquisition of one of Indianapolis’ largest public companies came after months-long negotiations between Duke and San Francisco-based Prologis and broadens the firm’s logistics and industrial holdings in key locations, including Southern California, New Jersey, South Florida, Chicago, Dallas and Atlanta.
2022 Year in Review: Local arts groups faced transition among leaders
The scheduled 2023 exits of Indiana Repertory Theatre co-CEO Janet Allen, Eiteljorg CEO John Vanausdall and Dance Kaleidoscope Artistic Director David Hochoy signal a significant era of transition in local arts leadership. The trio’s on-the-job experience adds up to 86 years: 32 for Hochoy, 27 for Allen and 27 for Vanausdall.
2022 Year in Review: Sale ends era of Emmis Corp. radio stations in Indianapolis
Indianapolis-based Emmis once owned more than 20 radio stations, including properties in New York City and Los Angeles. Emmis, founded in 1980, now owns just two radio stations: an AM contemporary gospel station and an FM affiliate of ESPN, both in New York City.
2022 Year in Review: Russia’s invasion of Ukraine hits home for some Indiana companies
Companies that had done business in Russia had to decide whether to keep doing so, while companies with operations in Ukraine were faced with the challenge of protecting their Ukrainian employees and keeping their businesses functioning.
2022 Year in Review: Brainard won’t seek eighth term as Carmel mayor
His decision means the Hamilton County city will have its first new mayor in more than a quarter-century starting Jan. 1, 2024.
2022 Year in Review: GOP-led Legislature passes near-total abortion ban
Republican lawmakers used a special session called by Gov. Eric Holcomb to consider abortion restrictions in addition to Holcomb’s inflation relief package.
2022 Year in Review: Christel DeHaan’s estate sells for a record $14.5M
The sale of the estate belonging to late businesswoman and philanthropist Christel DeHaan officially closed Sept. 2, setting a state sales record in the process.
2022 Year in Review: Andretti leads racing team boom in Indy’s suburbs
Andretti Global revved some economic development engines in August when it announced plans to establish its worldwide headquarters in Fishers, investing $200 million in the project and creating up to 500 jobs by the end of 2026.
2022 Year in Review: Indy Fuel arena to anchor Fishers District expansion
The Indy Fuel minor league hockey team is expected to call Fishers home as soon as the 2024-2025 season. That’s because the team will be the anchor tenant of an 8,500-seat arena in a new Fishers Event Center and expanded entertainment district.
2022 Year in Review: Chicken-themed restaurants came to roost
Six companies specializing in fast-casual chicken menus opened locations here, beginning with California-based Dave’s Hot Chicken setting up shop on Mass Ave in April and then in Broad Ripple in August.