What’s next for Simon Property Group’s sagging stock price?
The company’s shares—like those of many in retail real estate—are out of favor, as investors wring their hands over retail bankruptcies and the long-term impact of e-commerce.
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Indy Eleven can’t move forward on stadium until team secures site, financing
Owner Ersal Ozdemir still has many hurdles to leap to make his soccer stadium a reality, even though he scored a huge Statehouse victory in April by winning approval of a funding mechanism.
Residential Real Estate: Marketplace Stats for June 28, 2019
The number of active listings in central Indiana—at 5,077 at the end of February—remains low, although it’s 15 percent higher than at the same time a year ago.
Nearly $18B on the line for Indiana in 2020 census count
The U.S. Census Bureau is preparing to launch its 2020 count, and the data collected will determine how much the state could receive for the next 10 years.
Democrats tangle on private health insurance in first debate
Health care sparked some of the most intense exchanges in the first debate among Democratic presidential candidates, who agreed that Americans must have universal insurance coverage but differed about whether that means the demise of private plans.
Wedding-venue chain founder must fork over cash amid fraud claim
An entrepreneur accused of running a Ponzi scheme to expand a network of luxury event venues was ordered to surrender a chunk of proceeds from the sale of his $2.4 million home while retirees who invested millions of dollars in a proposed facility in Carmel pursue legal claims.
Cleanup continuing at Indiana’s planned Ohio River port site
Gov. Eric Holcomb's office said the state has extended until the end of this year its option to buy up to 725 acres near Lawrenceburg, just west of the Indiana-Ohio state line.
Three proposed schools hoping for approval from local charter board
Among the applicants is a high school that would concentrate on workforce development for the area’s technology sector.
Court: IBM owes Indiana more than $70M in automation dispute
The Indiana Supreme Court ruling released Wednesday upholds lower court rulings in the case that began in 2010.
NRA splits with PR firm, lobbyist and TV amid infighting
The latest turmoil emerged just a year before the critical 2020 presidential elections, when the NRA's ability to influence the outcome could decide the fate of some gun rights.
New software glitch found in Boeing’s troubled 737 Max jet
A person familiar with the matter said the latest setback is likely to delay the plane’s return to service by an extra one to three months.
Law is threat to Hoosier women
A federal judge now holds Indiana House Enrolled Act 1211 in the balance. The law is Indiana’s contribution to the national effort to restrict access to safe abortions. By banning a safe and medically necessary method of second trimester abortion, it threatens both the health and constitutional rights of Hoosier women. Like Alabama’s and Missouri’s […]
GOP needs women in Congress
When Susan Brooks retires at the end of her current term in 2020, she will likely leave the U.S. House with one fewer Republican woman. That’s a big deal if you believe, as we do at IBJ, that having diverse representation is important in both parties and in all states. Women make up less than […]
Why we need to move away from oil now
I think I finally get it after reading former Indianapolis Mayor Greg Ballard’s book—“Less Oil or More Caskets—The National Security Argument for Moving Away from Oil.” It shouldn’t have taken me this long to snag a clue, because I’ve heard Ballard discuss this topic many times publicly and privately during his term as mayor—and after. […]
Home prices keep rising but experts say there’s no bubble in sight
“Our area’s price points are not out of control” like other parts of the country, said Rachel Burt, a broker with F.C. Tucker.
Utah-based Vasa Fitness coming to Indy
The chain will move into a former Kroger store on the city’s southeast side. Also this week: 16-Bit Bar + Arcade, Greenleaf Juicing Co., U-Haul and more.
Downtown’s Palomino Restaurant & Bar closing after 23 years
Trade publication Restaurant Business reported this month that Palomino owner Restaurants Unlimited has hired bankers to find a buyer for the company before its debt becomes due next month.
Midcentury showplace features mix of old and new
When Steve Gray, home renovator and president of Steve Gray Renovations, first set eyes on the midcentury modern house in which he and his family have lived the past two decades, he was immediately intrigued. His wife, not so much. “It was a dreary day, and everything indoors was painted tan,” Deanna Gray, office manager […]
Woodruff Place home tour features five homes, four gardens and a studio
This home at 814 Woodruff Place Middle Drive is one of five that will be part of the Woodruff Place Home and Garden Tour. (Photo courtesy of Woodruff Place Foundation) The Woodruff Place Home and Garden tour will take place June 29-30, featuring five historic homes, four gardens, an art studio and the neighborhood’s Town […]
Controlling your own data destiny
Every year, the amount of consumer data available to companies climbs exponentially. By the year 2020, 1.7 megabytes of data will be created every second for every person on the planet. Currently, however, only 0.5% of this data is being analyzed in any meaningful way. This makes the seemingly endless news reports of data breaches […]