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Sears representatives summoned liquidation firms and other advisers to emergency meetings after rejecting Chairman Eddie Lampert’s $4.4 billion bid to buy and operate Sears stores, sources said.
Instead of trying to continue operating the Meridian-Kessler eatery, Patachou leaders say the space is needed to temporarily house the operations of the company’s fast-growing, not-for-profit foundation.
Quarterback Andrew Luck and running back Marlon Mack powered the team to a 21-0 halftime lead, and the defense turned back a surging Texan offense late in the fourth quarter for a 21-7 win. Next up: the Kansas City Chiefs.
Stocks skyrocketed Friday after investors got good news on the economy, Federal Reserve policy and trade tensions.
The proposed five-story complex, planned for the heart of Broad Ripple, drew concern from residents over potential parking issues, the height of the proposed buildings and the future of the alley running north-south through the property.
The move by cable and satellite providers is meant at least in part to cover increasing costs for carrying networks and popular channels, but they risk exacerbating the trend of canceling service altogether.
Federal Reserve Chairman Jerome Powell said the central bank can be patient as it assesses risks to a U.S. economy and will adjust policy quickly if needed.
Foamcraft Inc., an Indianapolis-based foam-products manufacturer than began selling mattresses less than two years ago, plans to compete directly with online mattress behemoths such as Casper, Leesa and Purple.
Indiana graduation rates have held relatively steady since 2011, fluctuating by small amounts each year.
Indiana officials have approved new rules to rein in a state agency that awarded grants intended for struggling veterans to its own employees.
U.S. employers dramatically stepped up their hiring in December in an encouraging display of strength for an economy. And average hourly pay improved 3.2 percent from a year ago.
Should it drag into February, the slowdown in government activity could help shake confidence and cause businesses and consumers to stop spending.
Sales of new vehicles in the United States rose slightly in 2018, defying predictions and highlighting a strong economy.
The state GOP said Holcomb ended 2018 with more campaign cash in the bank that any previous second-year governor.
CHNI LLC, which owns more than 100 newspapers in 22 states, has been acquired by the Retirement Systems of Alabama.
When Goshen native Luke Jacobs, an environmental scientist and self-taught techie, developed software to streamline his job, he got a tepid response from his employer. Displeased, he tapped his brainiac brother and equally smart Indiana University classmate to start their own firm.
Stocks tumbled Thursday on Wall Street, with technology companies suffering their worst loss in seven years, after Apple reported that iPhone sales are slumping.
The United Auto Workers union is accusing General Motors of violating a national contract by using temporary workers in Indiana instead of employing full-timers who were laid off from its factories.
The good news is that state tax revenue is on target to exceed expectations. The bad news is that mandated Medicaid expenditures are also on track to be above expectations.
Purchase of SOPHI Global gives Denison a new subsidiary and adds Lucas Oil Estate and numerous downtown destinations to its valet holdings.
