City to close key Market Street block for eight-month, $6M revamp
The complete overhaul of the street will include a raised pedestrian crossing between entrances for the City-County Building and the City Market.
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Target no longer eyeing Circle Centre for downtown store, sources say
With Target out of the picture, the ground floor of the former Carson’s space in Circle Centre will be marketed to multiple retail, restaurant and entertainment tenants, sources said.
Anderson buys historic theater after failed renovations
Mayor Thomas Broderick Jr. said the price was reasonable and the theater could be tied into redevelopment efforts in the city.
IndyCar to use hybrid technology to boost horsepower, safety
The addition of the hybrid powertrain will delay the debut of IndyCar’s new engine from 2021 to 2022, realigning it with the arrival of the next chassis.
Indians announce naming-rights partner for new club space
The 4,500-square-foot club, to be constructed between the 2019 and 2020 seasons as part of $8.3 million in Victory Field improvements, will be sponsored by Indianapolis-based Elements Financial Federal Credit Union.
MIKE LOPRESTI: A feast of futility: Recounting some of sports’ longest dry spells
UCLA, which plays its home games in the Rose Bowl, hasn’t won the actual Rose Bowl in 33 years, and the national No. 1 seed in college baseball hasn’t won the College World Series in this century.
NATE FELTMAN: Does capitalism need a good marketing plan?
The undeniable and abundant benefits of our free market system often get lost in politics and the discussion of socialism.
Long-time ‘haunted house’ relocates to new permanent digs
Nightmare on Edgewood, which had operated its haunted attraction at the Edgewood Athletic Association for decades, recently moved and will use its new space to lure customers throughout the year.
Circle Centre to market top two floors of former Carson’s as office space
The Carson’s space has been vacant since April 2018, leaving a gaping hole in the nearly 800,000-square-foot downtown mall.
BOHANON & CUROTT: Income-redistribution schemes make for dubious public policy
With more than 20 candidates for president and perhaps more in the offing, lots of wacky policy proposals to redistribute income are bound to emerge.
Broad Ripple restaurant The Vanguard closes, but plans comeback
Owner Bill Ficca said he plans to reopen the restaurant at 6319 Guilford Ave. after Labor Day with a new concept.
Indiana gets $17M in latest round of U.S. airport grants
The latest round of airport infrastructure grants includes $4.74 million to Indianapolis International Airport for taxiway and apron rehabilitation and security enhancements.
Celadon lines up $165M in new financing, to replace aging fleet
Celadon CEO Paul Svindland said the financing would provide “a solid platform for the next stage of our business turnaround.”
Allison Transmission beats 2Q forecasts with record sales
Allison attributed the increase in sales to higher demand in the North America On-Highway and Outside North America Off-Highway end markets.
Duke Realty exceeds analyst forecasts with 2Q results
The Indianapolis-based real estate investment trust said it started $395 million of developments during the quarter totaling 2.6 million square feet.
Fed trims rate by quarter point, signals potential for more cuts
The rate reduction was the first since December 2008, when the Fed dropped its benchmark effectively to zero as it battled recession and financial crisis.
Letter: Eliminate gun-free zones
Gun-free zones are considered to be “soft targets.” Deranged shooters are attracted to them because they will be able to get their 15 minutes of fame before they are stopped.
U.S. to set up plan allowing prescription meds from Canada
The Trump administration said Wednesday it will create a pathway allowing Americans to legally and safely import lower-cost prescription drugs from Canada for the first time, reversing years of opposition from federal health authorities.
Local racing exec named president of vintage sportscar group
Matt Breeden was chosen to oversee the SVRA’s day-to-day operations, including finances, event management and member relations.
Indianapolis woman gets prison time for identity theft, tax fraud
After executing a search warrant at the woman’s home, investigators for the IRS found 100 debit cards in more than 80 different names.