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Audio-products maker Klipsch rocking as parent struggles

August 16, 2019 | Anthony Schoettle

The manufacturer has reinvigorated its product line, brokered new partnerships, and greatly expanded its sales footprint, but the tune from parent New York-based Voxx International Corp. is far less melodic.

MICKEY MAURER: Buttigieg appealing but is wrong on two issues

August 16, 2019 | Mickey Maurer

His positions on ‘right to work’ and reparations give me heartburn, but almost any Democrat is likely to get my vote in 2020.

Editorial: Circle Centre’s office-space plan doesn’t address core challenges

August 16, 2019

It’s time for a big-picture, public discussion about re-envisioning the 791,000-square-foot property—rather than continuing the status quo of having mall officials do the best they can to plug vacancies in the property as it’s currently configured.

Letter: 5G installation by surprise

August 16, 2019

Imagine returning from work one day to find a 5G tower pole has been erected in the right-of-way at the front (not the corner) of your property. That is what happened to me in Fountain Square.

Liz Malatestinic: Employee turnover is costlier than you think

August 16, 2019

Perhaps the question isn’t whether you can afford to increase the salary of a current employee, but whether you can afford to replace that individual.

Indianapolis airport to expand parking garage by 1,500 spaces

August 16, 2019 | Susan Orr

The Indianapolis International Airport plans to add 1,500 spaces to its parking garage, but only some of those spots will be designated for visitors who drive their own vehicles to the airport.

Local environmental not-for-profit names new leader

August 16, 2019 | IBJ Staff

Jeremy Kranowitz, most recently the managing director for sustainability for a New York City-based group, will take the top spot at Keep Indianapolis Beautiful.

Mind Trust lands $4.6M grant from Walton Family Foundation

August 16, 2019 | IBJ Staff

The Walton Family Foundation was created by Walmart founder Sam Walton and his wife, Helen. The group awarded more than $595 million in education-related grants in 2018 alone.

Area existing-home sales break out of seven-month slump

August 16, 2019 | IBJ Staff

The median sales price for an existing single-family home in the Indianapolis area increased 10.1%, to $200,295, marking the third straight monthly record.

focus-home-sales-butler-2-bp-450.jpg

Indiana’s unemployment rate dips in July

August 16, 2019 | IBJ Staff

At 3.4%, Indiana’s rate remained lower than those of all neighboring states and the country as a whole.

Braun’s assets appear to take a hit from 2017 to 2018

August 16, 2019 | Lindsey Erdody

Sen. Mike Braun’s total assets are worth roughly $12 million to $49 million—compared with the $36 million to $96 million the Jasper Republican reported last year.

rop-braun1-101218-bp-450.jpg

A heavy lift: Religious black voters weigh Buttigieg’s bid

August 16, 2019 | Associated Press

Pete Buttigieg also has offered a broad policy agenda for African Americans and has been outspoken on the issue of race. But he consistently polls in the low single digits among black voters.

Weak global growth likely to mean U.S. slowdown, not recession

August 16, 2019 | Associated Press

Most analysts expect the U.S. economy to power through the rough patch, at least in the coming months, on the strength of solid consumer spending and a resilient job market.

Hogsett wants city street crews to operate more like police force—on beats

August 15, 2019 | Hayleigh Colombo

An $8 million DPW budget increase proposed Thursday would add street operators and a second shift of operations. Also on Thursday, the public works committee unanimously approved a proposal to appropriate $40 million in revenue bonds to fund road and bridge infrastructure.

Plus-sized retailer with two local stores going out of business

August 15, 2019 | IBJ Staff

Women’s retailer Avenue Stores LLC is closing all 222 of its locations in 33 states, the company announced this week.

Oaktree Apartments demolition order affirmed by appeals court

August 15, 2019 | Dave Stafford / The Indiana Lawyer

Oaktree Apartments, a blighted 19-acre property at the southeast corner of 42nd Street and Post Road with 336 apartment units, has been vacant since 2014.

Innovation Showcase, inaugural venture summit to be back-to-back events

August 15, 2019 | Anthony Schoettle

The 11th Venture Club of Indiana Innovation Showcase is less than a week away, and organizers are promising this year’s event is going to be bigger and better than ever.

Local tech company Doxly acquired by Chicago-based firm

August 15, 2019 | Anthony Schoettle

Doxly, which helps clients collect and manage legal documents through a cloud-based platform, has been purchased by Litera Microsystems, a growing provider of document-management software.

U.S. retail sales rise strongly in sign of consumer optimism

August 15, 2019 | Associated Press

Online retailers, grocery stores, clothing retailers and electronics and appliance stores all reported strong gains.

Purdue lands $10M grant for new food safety laboratory

August 15, 2019 | Associated Press

The funding from the United States Agency for International Development will go toward Purdue’s new Feed the Future Innovation Lab for Food Safety.

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