Local developer inks deal to buy 17-acre site from airport
The undeveloped site between Perry Road and Airtech Parkway is adjacent to the Shops at Perry Crossing and the Plainfield Commons shopping center.
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Simon Property meets, exceeds 3Q analyst expectations
The Indianapolis-based real estate investment trust topped Wall Street expectations with its revenue in the third quarter and matched predictions for a key performance measure.
U.S. economy slowed to better-than-expected 1.9 percent in third quarter
Economists had been forecasting a much bigger slowdown with fears that gross domestic product could slump to 1.4% or less given a number of headwinds.
Humane Society firms up plans for move to Fishers
At 40,000 square feet, the new facility will quadruple the Humane Society’s space, allowing it to better serve the animals in its care while expanding educational and outreach programming.
Women of Influence 2019
Introducing the class of 2019 IBJ’s Women of Influence program honors women who have risen to the highest levels of business, the arts, and community and public service in central Indiana. This year’s class of 23 accomplished women includes physicians, educators, business owners and executives from banking, law, manufacturing, health care and more. Karen L. Alter CEO […]
Gerald Paul, co-founder of Paul Harris Stores, dies at 95
In addition to co-founding and leading national women’s clothing retailer Paul Harris Stores, Gerald Paul was an active philanthropist in local arts, education and Jewish causes.
Federal Reserve expected to cut rates but may offer little guidance
The Fed’s policymakers will likely frustrate anyone who is hoping for a clear signal about what they may do next. The central bank may prefer instead to keep its options open, economists say.
UPDATE: NCAA board clears way for athlete compensation for image, likeness
The board asked each of the NCAA’s three divisions to create the necessary new rules beginning immediately and have them in place no later than January 2021.
U.S. finalizing rule to allow farmers to legally grow hemp
It’s a move that many states have awaited so they can begin widespread hemp production.
Despite Supreme Court ruling, seized Land Rover not returned
An Indiana man who had his $40,000 Land Rover seized after a small-time drug deal isn’t getting it back yet, even though the U.S. Supreme Court sided with him for a key ruling on excessive criminal fines earlier this year.
Hinchcliffe to be replaced at new McLaren team, sources say
The late timing of the McLaren decision puts popular IndyCar driver James Hinchcliffe in a difficult position for finding a consistently competitive ride.
10 new schools seeking innovation partnerships with IPS
Potential partners include one of the city’s earliest charter networks, a campus with a mindfulness focus, and a school for teens who have struggled with drug and alcohol addiction.
Indiana regulators side with Duke Energy on rate-hike paperwork case
The ruling is a setback for consumer activists and customer groups, who say Duke Energy’s application to raise electricity rates by an average of 15% is incomplete and confusing.
Bub’s sister restaurant calling it quits after 12 years in business
Bub’s Cafe owner Matt Frey said the eatery will close Wednesday. He and his wife, Rachel, own the restaurant and the building that houses it.
China promises no forced tech transfers, access to finance
China on Tuesday promised more improvements in conditions for foreign companies including an end to officials pressing them to hand over technology—a key irritant in its tariff war with Washington, D.C.
More employers offering workers help paying off student loans
Americans collectively owe nearly $1.5 trillion in student loans—more than twice the total a decade ago. It’s a burden that weighs on millions of adults, shaping their life choices and often stunting their financial growth.
Beverage companies aim to get bottles recycled, not trashed
Every year, an estimated 100 billion plastic bottles are produced in the U.S., the bulk of which come from three of America’s biggest beverage companies. Only one-third of those bottles get recycled.
Local industrial sector ‘healthier than it’s ever been,’ expert says
The red-hot Indianapolis industrial real estate sector is nearing all-time records in vacancy, construction and absorption, newly-released market reports obtained by IBJ show.
Cummins lowers full-year expectations after missing quarterly forecasts
Indiana-based engine manufacturer Cummins Inc. fell short of revenue and profit predictions with its third quarter results.
Stocks set another record amid growing economic caution
The strongest market performers in recent months have been companies that pay big dividends and are more likely to hold up during downturns. Investors, meanwhile, remain hesitant to plow their money into stocks.