Area homebuilders saw applications rise in April despite pandemic limitations
Applications for home construction permits rose 5% in the Indianapolis area in April, marking the ninth monthly increase in the past 10 months on a year-over-year basis.
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U.S. retail sales plunged record 16% in April amid shutdowns
A long-standing migration of consumers toward online purchases is accelerating, with that segment posting a 8.4% monthly gain.
Scale co-founder launches AI-based software firm to help streamline business management
Executive coach Peter Fuller developed an artificial intelligence-driven platform that lets business leaders know how effectively they’re leading their firm and whether their company is headed in the right direction.
Last Indianapolis Bravo! restaurant closes permanently
The northwest-side location, in the Willow Lake East shopping center, was Bravo!’s last remaining Indianapolis location. Its parent company, Florida-based FoodFirst, filed for bankruptcy protection last month.
Gym owners sweating over whether patrons will return
The fitness industry faces lingering uncertainty about the health risks of the traditional gym, with its shared treadmills and sweaty saunas, as well as the ongoing disruption to a business model that values routine and repetition above all else.
Broad Ripple sports bar calls it quits after 30 years in business
Nicole Harlan-Oprisu, who co-owns Old Pro’s Table and several local restaurants, previously told IBJ that business has been difficult during the pandemic.
Trump administration eases rules limiting truck driver hours
The Federal Motor Carrier Safety Administration said the new rules will save trucking companies more than $2.8 billion over 10 years.
Taiwan company to build $12B semiconductor factory in United States
A Taiwan-based maker of silicon chips plans to build an advanced semiconductor factory that will create more than 1,600 high-tech jobs, officials announced Thursday.
Auto workers’ tenuous return a ray of hope in jobs crisis
About 133,000 U.S. workers will be pouring back into auto assembly plants that will open in the coming week.
Attorney general: Indianapolis’ limit on religious services is unconstitutional
Hill said places of worship are considered essential businesses, and churches, synagogues and other places of worship must be treated the same as non-religious entities.
New data show eight negative things, one hopeful one about economy
As the coronavirus crisis drags on and the timeline for a vaccine remains uncertain, U.S. households and small businesses are rapidly running out of money, according to new federal data released Thursday.
Survey: Oil, mining, manufacturing businesses had best luck with pandemic loans
Utilities fared the worst of all sectors, with less than a quarter of small businesses in that sector getting loans, according to the survey.
Trump: Virus shows supply chains should be moved from China
President Donald Trump says the coronavirus pandemic highlights the importance of U.S. manufacturing and moving supply chains out of China, as he blamed that country anew for not doing enough to slow the pandemic.
Gaming Commission set to vote on Terre Haute casino license
After delays, the Indiana Gaming Commission is poised to consider awarding a casino license to a subsidiary of Spectacle Entertainment, now that two former executives of Centaur Gaming have divested their interests in the project.
Confirmed COVID-19 cases in Indiana top 26,000, deaths exceed 1,500
The state on Thursday reported that 160,239 people have been tested so far, up from 154,083 in Wednesday’s report—an increase of 6,156.
MIKE LOPRESTI: Let’s watch these again—but with new endings
Our college and pro teams would like do-overs of some of their most heart-breaking defeats.
URBAN DESIGN: Crisis provides an opportunity to reconsider our shared spaces
It’s time to try new things, like turning over some of the public right-of-way for restaurant seating.
NATE FELTMAN: ‘Never let a crisis go to waste’
How can we improve our businesses in the aftermath of the pandemic.
Banking & Finance
Content Sponsored by Old National Bank and First Merchants Bank Content Sponsored by Old National Bank and First Merchants Bank BANKING & FINANCE Clients come first in pandemic response Top executives of First Merchants Bank and Old National Bank discuss how their institutions have responded to the crisis and what they think the future holds. There was […]
Quack Daddy Donuts expanding with franchised store
The seller of customizable doughnuts that started in Pendleton will be joined later this year by a second store in a new Westfield retail center.