Insurance company acquires former Lids HQ in Zionsville for $18.25M
Group One Thousand One LLC, an Indianapolis-based insurance holding company, announced plans Tuesday to expand local operations into the Zionsville building beginning next year.
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Stocks dive after Trump says trade deal with China could wait
President Trump said he has “no deadline” for a deal and didn’t mind waiting until after the election next year to make one. Investors had been hoping for a deal this year, or at least enough progress to stave off new U.S. tariffs on Chinese goods scheduled to start Dec. 15.
Estridge plans 17 townhomes in historic Old Northside neighborhood
According to filings with the city, the project would consist of 17 two-story town houses over two blocks along East 16th Street.
Buttigieg tries to court minority voters by focusing on their health
Pete Buttigieg unveiled a proposal Tuesday to correct troubling health disparities among African-Americans and Hispanics—a crucial constituency to win over to have any hope of securing the Democratic presidential nomination.
Developer plans apartments at Central State for low-income residents, homeless
Chicago-based Mercy Housing and Missouri-based MACO Development Co. plan to build the $25.6 million, 156-unit apartment complex at 3355 Kirkbride Way on the west side of Indianapolis.
UAW bolsters financial controls after embezzlement scandal
The United Auto Workers union has replaced its auditing firm, added four internal auditors and hired a big accounting firm to study its financial controls in an effort to prevent a repeat of the embezzlement and bribery discovered in a federal probe of the union.
New behavioral health hospital planned for Greenwood
Medistar Corp. of Texas has filed an application to build a 42,610-square-foot building at 795 North Emerson Avenue, a vacant and undeveloped site about a mile south of Franciscan Health Indianapolis.
Republicans tap deputy speaker to replace departing Bosma
Todd Huston, of Fishers, became co-chairman of the powerful House Ways and Means Committee during the 2019 session and played a big role in crafting the 2020-2021 state budget.
Fishers deputy mayor to seek Bosma’s House seat
Leah McGrath, 42, had already announced plans to leave her role in city government for a private sector gig with Knowledge Services.
Trump imposes tariffs on steel, aluminum from Argentina, Brazil
The president on Monday accused the countries of hurting American farmers through currency manipulation and said he’d restore metal tariffs to retaliate.
ClusterTruck, Kroger to test drive food-delivery partnership
Indianapolis food-delivery company ClusterTruck is partnering with Cincinnati-based Kroger for a pilot program that will give the grocery giant an entry into the fast-growing meal delivery market, the companies announced Monday.
Special prosecutor finds insufficient evidence in Hamilton County nepotism, harassment allegations
A special prosecutor started investigating former Deputy Treasurer Susan Byer’s claims five months after she filed a November 2018 lawsuit alleging the office allowed county employees to waive penalties on late property-tax payments for themselves and family members.
Indianapolis Star executive editor Ramos to resign
Ronnie Ramos, executive editor of The Indianapolis Star since March 2018, plans to resign Dec. 20 “to pursue other opportunities,” the newspaper reported Monday morning.
Republicans set to pick Indiana House speaker successor
The private vote Monday afternoon among House Republicans comes after longtime House Speaker Brian Bosma announced two weeks ago that he would retire after the 2020 legislative session.
IBJ Podcast: Pat Sullivan makes business case for store’s North Pole train
Sullivan talks with podcast host Mason King about why the Sullivan Express is so fun for him and his Sullivan Hardware staff but also why it makes business sense to keep expanding the attraction.
Merry Clickmas: Black Friday online sales hit record $7.4B
In-store sales slipped, but sales by people who bought things online and then headed to the store to pick them up surged 43.2% on Black Friday, according to Adobe Analytics.
Fiat Chrysler, auto union reach tentative deal on contract
The United Auto Workers and Fiat Chrysler reached a tentative agreement Saturday on a new four-year contract that includes a total of $9 billion in investments but still needs final approval from workers.
Nine TV stations across five states to be sold for $59.2M
Standard Media Group of Nashville, Tennessee, said it will buy stations in Arkansas, Indiana, Mississippi, New York and Tennessee.
Holcomb issues cease-and-desist letters in response to Amazon OSHA case articles
Indiana Gov. Eric Holcomb on Friday said cease-and-desist letters have been sent to two news organizations in response to published reports that include accusations that his administration dismissed safety citations against Amazon as the state tried to win the company’s coveted HQ2 project.
Training the next generation of builders
Labor- and construction-focused organizations are hyper-focused on meeting the future workforce as early as possible.
