New coworking space to double as furniture showroom
The new concept will occupy the entire top floor of one of the Pyramids office buildings. Also this week: Black Acre, Taste of Havana, Chef JJ’s Backyard and Gauchos Brazilian Steakhouse.
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GDP for 2nd quarter revised down slightly, but consumer spending rises
The biggest factor in the government’s downward revision for the April-June quarter was a smaller gain in spending by state and local governments and fewer export sales.
Memory Bank: 125 grand pianos at Butler Fieldhouse
At the time, it was considered the world’s largest piano recital—8,250 fingers on 825 pianists who played 125 grand pianos that were lined up inside Butler Fieldhouse (now known as Hinkle Fieldhouse) to open National Music Week in 1936.
McDonald’s offering harassment training to all U.S. workers
The fast-food giant said Wednesday that its franchisees have committed to provide the training—a combination of online work and in-person discussions—to 850,000 employees.
Farmers’ loyalty to Trump tested over new corn-ethanol rules
The trigger wasn’t Trump’s China tariffs, but the waivers the administration granted this month to 31 oil refineries so they don’t have to blend ethanol into their gasoline.
Retailer Forever 21 prepares for potential bankruptcy filing
A bankruptcy filing would help the company shed unprofitable stores and recapitalize the business. The retailer has four Indianapolis-area stores.
Gary casinos allowed to move, opening door for gambling in Terre Haute
The Indiana Gaming Commission voted Wednesday to allow the operator of Gary’s two casinos to relocate the properties inland, setting up the possibility for a casino near Terre Haute.
UPDATE: Indiana just days away from legalized sports betting
Indiana will become the 12th state—and the first in the midst of major Midwest markets—with sports betting when a new state law takes effect Sunday.
Veterans’ suicide issue a priority for Trump administration, VA secretary says
Robert Wilkie, secretary of veterans affairs, told the American Legion National Convention in Indianapolis on Wednesday that the issue needs urgent attention.
Report by city makes case for more apartments in Fishers
The study found that 15.5% of the residential units in Fishers are apartments, lower than the national average of 22%.
Hotel chain Marriott banning little shampoo bottles by 2020
The move follows a similar announcement last month by IHG, which owns Holiday Inn, Kimpton and other brands. IHG said it will eliminate about 200 million tiny bottles each year by 2021.
Carmel hotel project runs into opposition
The board of zoning appeals blocked plans for an Avid Hotel over its lack of a full-service restaurant and conference space, but the developer is revising its plans.
Doctors don’t always know what patients will owe for meds
While the price of almost any good or service can be found online, most Americans don’t know what they’ll owe for a prescription medication until they get it.
KAR to spend $3.75M to open downtown Indy HQ for software unit
TradeRev, whose software facilitates dealer-to-dealer auto auctions, plans to add 200 workers by 2023.
Purdue Pharma in talks to settle for billions in opioid lawsuits
Drugmaker Purdue Pharma is negotiating a multibillion-dollar settlement with lawyers for local and state governments that would resolve about 2,000 lawsuits against the company.
Board members quit after two embattled Indiana virtual schools lose charters
With the board’s dissolution, it’s unclear who remains responsible for Indiana Virtual School and Indiana Virtual Pathways Academy.
Survey finds new auto technology can annoy drivers
The 2019 J.D. Power Tech Experience Index study found that frustrated drivers may avoid the systems in future vehicle purchases. That’s a problem for automakers who want to prepare people for fully automated vehicles.
Gardner resigns as IUPUI hoops coach after drunken driving arrest
A former Mr. Basketball, Jason Gardner was entering his sixth season as IUPUI’s head coach and has a 64-93 career record. Associate coach Byron Rimm has been named interim head coach.
State treasurer files to run for Congress
Republican Kelly Mitchell, who is in her second term as treasurer, joins what is shaping up to be a crowded primary field.
Dora, Shapiro plan 6-story downtown hotel on South Meridian Street
Dora Hospitality Group is teaming with the owner of Shapiro’s Delicatessen to build the hotel at Meridian and Sycamore streets. The project will bring a new IHG hotel brand to Indianapolis.
