Are additional Celadon execs in prosecutors’ sights?
The Justice Department’s April 25 press release—which announced Celadon had admitted to the fraud and agreed to pay $42 million in restitution—closes by noting that the investigation is ongoing.
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What lawmakers did—and didn’t do—in the 2019 session
The 2019 legislative session ended April 24—five days ahead of the statutory deadline—with hundreds of bills sent to Gov. Eric Holcomb for his consideration.
Indy wants the NFL Draft, but not right away
Indianapolis is making moves to host the NFL Draft in coming years, but it’s unlikely the city will aggressively pursue it until a slew of previously scheduled events have occurred.
MIKE LOPRESTI: Previewing the Colts, with a little help from The Beatles
What else for the team owned by the guy who just bought John Lennon’s piano?
Memory Bank: Zionsville’s Main Street in about 1875
Zionsville was platted in 1852—and named for one of its founders, William Zion—about 30 years after white settlers made their way to southwestern Boone County, not far from an area where Miami Indians lived.
Sheri Fella: Growing leadership like we grow a garden
Ground-making takes courage, vulnerability and commitment. It is hard work in messy spaces. I was reminded of just how messy during my 2-1/2-day experience with Brene Brown, a social work researcher who speaks and writes about vulnerability and shame.
Q&A: 120WaterAudit eyes big growth after pivot
Megan Glover started 120WaterAudit in 2016 with the idea of targeting residential consumers nationwide with a water-testing kit that cost $120 every four months. But the company has pivoted to work largely with municipal water utilities and governments.
U.S. productivity shows biggest quarterly rise in four years
With the strong gain in the first quarter, productivity over the past year has grown by 2.4%, the best four-quarter gain since a 2.7% rise in 2010.
Flaherty & Collins opens Sullivan apartment project
The project created 40 apartments, which are spread across two restored historic structures and new construction on the downtown square.
Middle Eastern restaurant chain planning multiple Indy-area locations
Chicago-based Naf Naf Middle Eastern Grill was established in 2009 and has 37 locations in multiple states. Indianapolis-based franchisee 316 Investments plans to open 10 locations around Indiana.
Taft brings aboard real estate attorneys
Chelsea Ringlespaugh Spickelmier and Nicholas Mollmann are new associates in the law firm's Indianapolis office.
Tennessee real estate firm pays $47M for Methodist building
The seller was The Sanders Trust of Birmingham, Alabama. The trust—co-founded by Hall of Fame National Football League quarterback Bart Starr—acquired the building in 2009.
Carmel receives eight development proposals for PNC Bank site
Henry Mestetsky, director of the Carmel Redevelopment Commission, told IBJ on Tuesday that the overwhelming response to the RFP was rare.
Companies fret as costs soar for software subscriptions
The software as a service—or SaaS—market is going gangbusters.
Seed company Beck’s plans $62M expansion of Hamilton County HQ
The Atlanta-based company said the expansion would double its processing capacity and add 56 jobs over the next few years.
Once-dilapidated far-east-side shopping center to become home for retail startups
Following a multimillion-dollar renovation, a far-east-side building that was on track for demolition is set to emerge as a retail-startup hub that supporters say could revitalize a neglected part of town.
Starved for staff, firms consider ex-offenders
Develop Indy, the economic development arm of Indy Chamber, is connecting businesses with PACE, a not-for-profit that helps people coming out of the criminal justice system re-enter the community.
HAHN: Our uncertain life spans make financial planning tougher
My clients and I spend a lot of time working on the balancing act of spending enough while they are healthy vs. saving for the possibility of living longer.
Holladay Properties is more than just AmeriPlex
Beyond the 1,500-acre industrial park near Indianapolis International Airport, the developer has launched a broad range of residential and commercial projects in Marion and Hamilton counties, from the redevelopment of the Milano Inn site downtown to the Grand Park Events Center in Westfield.
BOHANON & CUROTT: Beware of gloomy predictions, economic or otherwise
Where do dire prognosticators go wrong? We think it comes from seeing the world economy as a zero sum-game.