Sears’ biggest shareholder bids $4.6B for rest of bankrupt chain
Eddie Lampert took his first step toward rescuing Sears Holdings Corp. from bankruptcy with a $4.6 billion bid that would keep hundreds of stores open and preserve about 50,000 jobs.
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2019 mayoral, council races taking shape
With city elections less than a year away, Mayor Joe Hogsett has a big campaign war chest, with at least $2.2 million as of January, the latest filing available.
Restless retiree rebuilds storied speaker brand
In the little less than two years since Dave Kelley bought KLH, the company has developed more than a dozen new audio products.
U.S. productivity shows 2.3 percent increase in third quarter
The increase was slower than the previous quarter but still an improvement over the weak annual gains of the past decade.
Holiday Wish List
The following is a list of Indianapolis-area not-for-profit organizations and the things each needs most. This is an opportunity for businesses and individuals to make tax-deductible gifts in the spirit of the season.
Unique CEO leads torrid Salesforce expansion
The driving force behind the explosive growth of Salesforce’s Indianapolis-based Marketing Cloud unit stays out of the local spotlight but is internationally renowned in tech circles.
Memory Bank: The 1947 mayor’s race
In this photo, taken April 12, 1947, girls are carrying “Wemmer for Mayor” balloons supporting Republican William Wemmer as they walk down the 100 block of West Washington Street.
Party-ready sweet treats from the IBJ staff
As we at IBJ get ready for our own holiday gatherings, we thought it would be fun to share a few of our favorite festive recipes.
Westerhaus-Renfrow: Lesson from losing Amazon—attract more millennials
Indianapolis needs to attract out-of-state millennials. And this needs to happen quickly. Perhaps the best starting point for shifting workforce demographics is to look around and see which states are successfully attracting millennials.
In an era of TV merger mania, WTHR still standing pat
The frenzy of deal-making inevitably leads to speculation about the future of WTHR-TV Channel 13—which, incredibly, has been under the ownership of the same family—the Wolfes of Columbus, Ohio—since 1975.
Q&A with Chelsea Haring-Cozzi, CHIP’s new executive director
Chelsea Haring-Cozzi knows, through a close relative’s experience, how important a safety net can be in keeping people from becoming homeless.
MIKE LOPRESTI: Unheralded IUPUI has its own interesting hoops story
Two buddies from a small town in Kentucky are determined to put the Jaguars on a winning course.
Pacers Bikeshare rolling out major expansion in 2019
The Indiana Pacers Bikeshare program plans to roll out 23 new stations next summer—some of which will be miles away from the Mile Square.
Entrepreneur finds financial success with deep-tissue therapy
Entrepreneur Michael Arnolt teamed with an inventor more than 20 years ago to launch an enterprise that has sold thousands of steel therapy instruments and trained thousands of clinicians.
IPS board could name an interim superintendent as early as Friday
The district doesn’t plan to choose a new superintendent to replace Lewis Ferebee until after three new board members are sworn in next month.
USA Gymnastics bankruptcy might leave sex-abuse victims unpaid
In court filings, USA Gymnastics said it might not have the estimated $75 million to $150 million needed to settle lawsuits from dozens of claims from victims of Larry Nassar.
Nexstar drawing interest in TV stations from several parties
As part of its $4.1 deal to acquire Tribune Media Co., Nexstar Media must sell TV stations in numerous markets to avoid regulatory problems. Those sales are almost certain to involve stations in Indianapolis.
Federal Reserve survey cites rising concerns about trade tariffs
The report, known as the beige book, found that optimism about the future had waned somewhat, with business contacts citing “increased uncertainty.”
Indianapolis manufacturer relocates to Whitestown
WYN Industries Inc. has relocated to Indianapolis Road in Whitestown in a move that will allow it to add 16 new employees.
For-profit college chain closes schools, including local Brightwood College
Birmingham, Alabama-based Education Corp. of America said it was closing campuses in more than 70 locations in 21 states.