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Lawmakers considering central Indiana regionalism legislation

February 19, 2020 | Lindsey Erdody

Senate Bill 350 would create a regional development authority framework for central Indiana to allow local officials to work together on significant economic development initiatives. The pilot program would be in place for five years.

IRS to pay visits to high-income taxpayers who fail to file

February 19, 2020 | Associated Press

The agency said Wednesday that it is stepping up its efforts to visit high-income taxpayers who failed in prior years to file their tax returns on time.

Longtime Indiana amusement park verifies closure after 94 years

February 19, 2020 | Associated Press

Indiana Beach officials confirmed that the business has closed after 94 years of operation in a statement issued Wednesday, a day after news of the closure broke.

Simon, other new Forever 21 owners in talks to keep most U.S. stores open

February 19, 2020 | Bloomberg News and IBJ Staff

Authentic Brands Group, Simon Property Group Inc. and Brookfield Property Partners LP have finalized their $81 million acquisition of the struggling retailer, they announced Wednesday.

Simon Headquarters

Kite Realty beats analyst expectations with 4Q performance

February 19, 2020 | Associated Press and IBJ Staff

The Indianapolis-based real estate investment trust beat Wall Street predictions in two key financial categories in the fourth quarter.

Speedway Indoor Karting planning expansion to Daytona Beach

February 19, 2020 | IBJ Staff

Former IndyCar driver Sarah Fisher and husband/business partner Andy O’Gara, who opened Speedway Indoor Karting nearly four years ago, plan to open a second karting facility next door to Daytona International Speedway, they announced Wednesday.

Bottleworks District adds bar, coffee shop to growing Garage lineup

February 19, 2020 | IBJ Staff

The businesses join 16 other tenants confirmed for the Garage Food Hall lineup. The food hall is expected to open in October.

Hinchcliffe gets Indy 500 ride in 3-race deal with Andretti

February 19, 2020 | Associated Press

Driver James Hinchcliffe had to scramble to find anything at all for 2020 when he learned late last year that he was out at Arrow McLaren SP with a year remaining on his contract.

Schafer Powder Coatings moving from Carmel to Whitestown

February 19, 2020 | Kurt Christian

The company, which pulled the plug on a smaller expansion last fall, was lured to Boone County by a bigger facility that will more than double its footprint.

India-based health-tech firm to build North American headquarters in Noblesville, hire up to 65

February 19, 2020 | Kurt Christian

Panacea Medical Technologies said it will invest $11.7 million to construct and equip a 20,000-square-foot building that will house R&D and manufacturing operations.

Panacea_Noblesville_rendering_1200px

Pulte Group seeks OK for empty-nester neighborhood in Fishers

February 18, 2020 | Kurt Christian

Pulte Homes of Indiana LLC is seeking zoning approval to build 52 single-family homes not far from Ironwood Golf Club.

Senate passes bill to prevent companies from requiring employees to be microchipped

February 18, 2020 | Lindsey Erdody

A bill that would prohibit businesses from using the implantation of some type of tracking or identification device as a condition of employment is headed to the governor.

Indiana panel backs ban on drivers using handheld phones

February 18, 2020 | Associated Press

A state Senate committee voted 8-1 Tuesday to endorse the bill that only permits cellphone use with hands-free or voice-operated technology, except in emergencies.

NCAA moves toward immediate eligibility for all transfers

February 18, 2020 | Associated Press

If adopted, new criteria would go into effect for the 2020-21 academic year and be a boon for Division I athletes in high-profile sports such as football and basketball.

Indiana pregnancy accommodation proposal unlikely to advance

February 18, 2020 | Associated Press

The proposal would have required Indiana businesses with more than 15 employees to allow pregnant women to take longer breaks, transfer to less physical work and take unpaid time off after childbirth.

Conservationists vie for zoo’s $250,000 Indianapolis Prize

February 18, 2020 | IBJ Staff

The Indianapolis Zoo on Tuesday announced the six finalists for this year’s $250,000 Indianapolis Prize, which is considered the world’s leading award for animal conservation.

Two local technology firms merge after acquisition

February 18, 2020 | IBJ Staff

The merging companies, Word Systems Inc. and iRecord LLC, will operate as Word Systems LLC and retain all management and employees, officials said.

Developer eyes 173-acre tract south of airport for industrial project

February 18, 2020 | Mickey Shuey

Department of Metropolitan Development staffers have recommended denial of the project because it doesn’t jibe with land-use plans for the area calling for more neighborhood-friendly developments.

UPDATE: Pier 1 files for bankruptcy protection, to close 7 Indiana stores

February 18, 2020 | Associated Press

The retailer, led by the former CEO of HHGregg, has been struggling with increased competition. It plans to close seven stores in Indiana.

Karen Pence adds campaigning for Trump to busy to-do list

February 18, 2020 | Associated Press

With first lady Melania Trump largely avoiding the political scene, the campaign sees Karen Pence as an asset in one of the areas where it most needs help—with suburban woman.

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