CountryMark CEO Smith retiring after 17 years at helm
CountryMark ranked as the state’s ninth largest company in 2018, with $1.2 billion in revenue. The firm has more than 500 employees, including about 420 in Indiana.
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Louis Vuitton maker looks to buy U.S. jeweler Tiffany for $14.5B
Tiffany & Co., which has one store in Indianapolis, owns luxury labels ranging from Givenchy haute couture to Sephora cosmetics stores, Hublot watches, Bulgari jewelry and Dom Perignon Champagne.
IBJ Podcast: Have you seen this guy painting on the Circle? That’s no accident.
Local artist Justin Vining talks with podcast host Mason King about how he uses data and plein air painting to drive sales.
Indiana to consider creating government corruption hotline
Indiana residents soon could have a hotline for reporting improper or illegal spending and other suspected corruption by local government officials, if lawmakers approve a proposal being drafted by a legislative committee.
Kentucky using billboards to lure Illinois companies
One sign will target Illinois’ regulations for being “insane” and one uses the first three letters in the word “Illinois” to claim that the state’s tax system is “ill.”
Indiana to drop Pearson, return to ETS teacher licensing
The move comes after Republican state Sen. Jean Leising, of Oldenburg, introduced legislation this year that required the state Board of Education to adopt a program that’s administered nationally.
4th USS Indianapolis commissioned at northern Indiana port
The ceremony Saturday drew dignitaries, Navy officials, four survivors of the ship’s namesake sunk during World War II and family members of current crew members.
Family donates more than $1 million to Marian University
Marian University will rename one of its buildings after receiving a donation of more than $1 million from the family that owns Indianapolis-based AAA Roofing Co. Inc., the school announced Friday.
GM strike finally ends as UAW members approve new contract
The deal, which includes modest improvements in pay for new employees and promises that the company will bring full-time temporary workers on permanently, passed this week after being voted on by GM’s 47,000 workers.
HAHN: Take steps now to prevent having a scary retirement
The estimated median household savings of retirees is $75,000. About 9% do not have any savings, 31% have savings of less than $50,000, and only 38% have savings of $100,000 or more.
Downtown condo features great views, fresh renovation
Jeff and Anna Tegethoff spent 16 months renovating a condo at 429 N. Pennsylvania St. into what he calls an “urban oasis.” But six months after moving in, they’re putting the house on the market.
Carmel-based builder that launched during recession just keeps growing
Old Town’s sister companies are continuing to develop projects in Carmel, working on a large mixed-use development that will help transform downtown Westfield, and expanding their reach into West Lafayette, where the company is part of a $1 billion project being constructed next to Purdue University’s campus.
Residential Real Estate: Marketplace Stats for October 25, 2019
Inventory remains low. As of Sept. 1, the region had just two months of supply—10% less than at this time last year—meaning it would take just two months to sell out the current inventory of houses if no more came on the market.
2019 Carroll Award winner: Mark Miles’ eclectic career has centered on big events
Ask Miles about his wide-ranging resume, and he compares it to Forrest Gump’s.
Employers say they’re up for challenge of hiring seasonal help
With the unemployment rate at 3.2% and competition growing as multiple companies ramp up hiring, finding seasonal employees will be tough.
Editorial: Investment hub idea is a good step toward goal of regional cooperation
State legislators should be receptive. It’s a reasonable follow-up to the 2015 Regional Cities Initiative, which split $126 million in tax amnesty funds among three regions.
Nate Feltman: Fadness’ bold approach necessary for our future
There is a political leader answering the call for a bold vision. He isn’t running for mayor of Indianapolis. But he is advocating for transformational change for central Indiana and beyond. And he is taking his ideas to the Statehouse. He is Fishers Mayor Scott Fadness.
Shawn Dubravac: Manufacturers need Congress to act on trade pact
Failing to move forward on USMCA and breaking down decades of North American trade relationships would spell chaos for manufacturers, suppliers, employees on both sides of the border and especially small businesses.
Dr. David Blank & Dr. Richard Feldman: A liberal and conservative find common ground on guns
Individual rights have never been absolute. We believe there can be a balance between the common good and preserving individual rights. Bipartisan solutions are possible.
Letter: Private insurance is for profit-taking
Medicare for All is not socialized medicine. It’s government health insurance that provides access to the private health care delivery system.