Local heavy machinery rental firm expanding onto west-side Kmart parcel
MacAllister Machinery’s current operations along West Washington Street span about 6.5 acres, with the purchase of the Kmart parcel next door adding another 8 acres.
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Council committee stalemate could stall plans for $66M apartment development
The Metropolitan and Economic Development Committee of the City-County Council could not reach a consensus Monday on a recommendation for a long-delayed 11-story downtown project at 421 N. Pennsylvania St.
Big technology meeting sets stage for more U.S.-China talks
President Trump and senior administration officials met with CEOs from Alphabet Inc.’s Google, Broadcom Inc., Cisco Systems Inc., Intel Corp., Micron Technology Inc., Western Digital Corp. and Qualcomm Inc. on Monday.
Drugmaker group boosts lobbying as Trump’s push to lower prices stalls
The Pharmaceutical Research and Manufacturers of America, which represents leading drugmakers including Eli Lilly and Co., reported spending $6.2 million in the quarter. Meanwhile, Lilly boosted its own spending on lobbying.
Deal sealed on federal budget, ensuring no shutdown, default
President Donald Trump and congressional leaders announced Monday a critical debt and budget agreement that’s an against-the-odds victory for Washington, D.C., pragmatists seeking to avoid political and economic tumult
Former IPS union president pleads guilty to $100,000 embezzlement
According to her plea agreement, Rhondalyn Cornett stole more than $100,000 from November 2013 until her resignation in November by writing checks from the union’s bank account and using the union’s debit card for personal expenses and to withdraw cash.
New cancer research program aims to return patients to ‘normalcy’
Trainers and researchers from the IU School of Medicine and IUPUI are trying to develop best practices in nutrition, exercise and other forms of wellness to keep cancer survivors active and healthy.
Vail Resorts acquiring 17 ski areas, including Paoli Peaks in Indiana
Colorado-based Vail Resorts Inc. plans to take over 17 U.S. ski areas ranging from the Northeast to the Midwest by acquiring Peak Resorts Inc. for $264 million.
Budget negotiators close on debt, agency spending deal
The agreement on an outline for $1.3 trillion in agency spending would represent a win for lawmakers eager to return Washington to a more predictable path amid political turmoil and polarization.
Area homes sales fall for 7th straight month amid rising prices
Median home prices in central Indiana reached an all-time high in June amid tighter inventories and fewer new listings.
Kroger going full robot at warehouses to take on Amazon
The two companies plan to build as many as 20 automated grocery warehouses in the United States to help Cincinnati-based Kroger—which has about 70 stores in central Indiana—turbocharge its e-commerce operation.
Equifax to pay up to $700M in data breach settlement
The settlement with the U.S. Consumer Financial Protection Bureau and the Federal Trade Commission, as well as 48 states and the District of Columbia and Puerto Rico, would provide up to $425 million in monetary relief to consumers and a $100 million civil money penalty.
IBJ Podcast: Avoiding the icebergs that can sink your startup
Host Mason King talks with husband-and-wife team Kim and Todd Saxton, both professors at the IU Kelley School of Business at IUPUI, about a book they wrote with entrepreneur Michael Cloran about the icebergs startups face as they try to make it through choppy waters.
International street artists create murals for second phase of CityWay
An artist known for her association with Taylor Swift and another who has been creating graffiti-inspired art since the 1980s are adding their talents to the $135 million second phase of the downtown mixed-use development.
Technology, temporary help keep farmers on job longer
In the U.S. last year, the median age for domestic farmers, ranchers and other agricultural managers was 56.4 years old. That’s the highest median age of any major occupation tracked by the government’s Current Population Survey for which data was available.
Five more Scotty’s Brewhouse locations call it quits
The corporate owner of many of the remaining Scotty’s Brewhouse restaurants said it had closed all of its operations. The decision leaves less than a handful of independently owned Scotty’s locations.
City, Kite agree to build only one hotel at a time at Pan Am Plaza
Ongoing disagreement between the city of Indianapolis and a group of downtown hotel owners has prompted city leaders to officially postpone construction of one of the two convention hotels planned for Pan Am Plaza.
WESTERHAUS-RENFROW: Executive presence makes a difference
Remember that effective executive presence is not alluring charm or likeableness. Rather, it’s the product of temperament, competencies and skills.
Memory Bank: Inmates care for chickens in prison yard
The Indiana Women’s Prison opened in 1873 on 15 acres about 1.5 miles east of downtown, where it remained until 2009.
DAVIS: Rail, trail allies find commonality that eludes officials
Recently, 12,000 people signed a petition requesting that the Nickel Plate Railroad in Hamilton County and Indianapolis be kept intact for future transit use. Many are also fans of bike/hike trails. Until now, their signatures have been ignored by some local political leaders.